Facedrive Inc. a Canadian “people-and-planet-first” tech ecosystem, yesterday announced its financial results for the fiscal quarter ended June 30, 2021 and would like to provide this general corporate as a supplement to such disclosure. Facedrive Foods & Its Growth Involving Selling and Delivering Restaurant Supplies The Company’s revenues attributable to Facedrive Foods’ food delivery business activities …
Facedrive Inc. (“ Facedrive ” or the “ Company ”) (TSXV:FD), (OTCQX:FDVRF), a Canadian “people-and-planet-first” tech ecosystem, yesterday announced its financial results for the fiscal quarter ended June 30, 2021 (“ Q2 2021 ”) and would like to provide this general corporate as a supplement to such disclosure.
Facedrive Foods & Its Growth Involving Selling and Delivering Restaurant Supplies
The Company’s revenues attributable to Facedrive Foods’ food delivery business activities were $4,973,100 in Q2 2021 (as compared to $Nil in Q2 2020). Facedrive Foods’ food delivery revenues include revenues from food delivery services, restaurant commissions and merchandise sales. Initially established as a project within Facedrive in April 2020 and bolstered by the Company’s acquisition of certain assets from Foodora Canada Inc. (July 2020) and the acquisition of Food Hwy Canada Inc. (“ Food Hwy ”) (October 2020), Facedrive Foods has been able to capitalize on the dramatic shift in consumer and business behavior in the wake of the COVID-19 pandemic and was...
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