earnings
confidence high
sentiment positive
materiality 0.65
Biotricity Q1 revenue $1.76M, up 290% YoY, 9th consecutive triple-digit growth quarter
BIOTRICITY INC.
- Revenue $1.76M for Q1 FY2022, up 290% vs. Q1 FY2021; sequential growth 49%.
- Operating expenses $4.2M, up only 17% YoY; R&D spend $590K, up 39%.
- Company projects continued revenue growth into FY2023; awaiting FDA approval for Biotres holter product.
- Gross margin or net income figures not disclosed; Company remains early-stage.