12 ReTech Corp. (RETC) develops and markets software solutions for consumers and retailers. Its solutions include tools like 12Mirror (which identifies clothes tried by shoppers and captures downloadable images); 12Kiosk (which enables retrieving consumers as well as product information, order placement, and check out); 12Mobile (a social shopping mobile application); and 12Desktop (an e-commerce website). The company also operates retail stores at airport terminals and casinos. Affected by the COVID-19 pandemic, which led to the closure of some of its stores, RETC posted revenue of $137.43 thousand during Q1 2021 as compared to $407.79 thousand in the year-ago period. Consequently, its gross profit fell to $42.35 thousand from $212.
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12 Retech (PK) (USOTC:RETC)
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12 Retech (PK) (USOTC:RETC)
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