earnings
confidence high
sentiment positive
materiality 0.75
BioLargo expects Q1 2023 revenue >4x YoY, seventh consecutive quarterly growth record
BIOLARGO, INC.
- Q1 2023 preliminary revenues expected to surpass Q4 2022 record; QoQ growth >50%.
- Revenue driven by Pooph pet-odor product from Ikigai Marketing Works.
- Company not yet profitable but net losses trending down as revenue increases.
- 2022 preliminary YoY revenue growth at least 125%; eighth consecutive annual growth.
- Company expects to file 2022 annual report by end of March; earnings call April 3.