earnings
confidence high
sentiment positive
materiality 0.65
Biotricity issues preliminary Q1 FY2022 revenue guidance: up >45% QoQ
BIOTRICITY INC.
- Revenue for Q1 ended June 30, 2021 expected to increase >45% sequentially and >280% YoY.
- This would be the 9th consecutive quarter of revenue growth.
- Customer base expanded to 23 states from 17 states nine months ago.
- CEO cites accelerating sequential growth, high correlation between devices and TaaS revenue.
- Expects consistent triple-digit revenue growth for remainder of fiscal 2022.