Brownie's Marine reports FY2021 revenue up 56.4% to $6.24M; adjusted net loss narrows to $195K

Brownie's Marine Group, Inc

2022-Q1 EPS reported $0.00 revenue$1,974,969

Total revenue $6.24M for FY2021, up 56.4% from $3.98M in FY2020 (excluding one-time ventilator sale).
Adjusted net loss improved to $195K from $404.6K loss; GAAP net loss was $1.59M vs $1.35M.
Q4 revenue surged 115.6% to $2.0M; BLU3 subsidiary revenue up 294% y/y to $1.04M.
Acquired Submersible Systems in Sep 2021; launched Nomad dive system and new Live Blue subsidiary.
CEO cited supply chain headwinds but expects pricing adjustments and investment in people to benefit next year.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.