other material
confidence high
sentiment positive
materiality 0.65
BioLargo CEO projects Q1 revenue near $4M, Pooph sales driving growth
BIOLARGO, INC.
- Q4 2022 company-wide revenue grew 132% QoQ; Q1 2023 revenue expected just under $4M (3x YoY).
- Pooph (pet odor product) in ~1,500 Walmart stores; expansion into remaining two-thirds expected 3-6 months.
- PFAS remediation project estimated at $50-70M; first customer in phase two with 38 distribution partners.
- Acquired sodium sulfur battery tech from University of Tennessee; building small manufacturing facility in Oak Ridge, TN.
- Positive cash flow achieved in Q4 and Q1 2023; company near profitability.