earnings
confidence high
sentiment neutral
materiality 0.70
Biotricity reports FY22 revenue $7.7M (+126% YoY); Q4 revenue $2.15M (+81%); net loss $30.2M
BIOTRICITY INC.
2024-Q1 EPS reported
-$0.10
revenue$2,056,052
- FY22 revenue $7.7M (+126% YoY); gross margin improved to 60% from 38% in FY21.
- Q4 FY22 revenue $2.15M (+81% YoY); gross margin 67% vs 60% in Q4 FY21.
- FY22 net loss $30.2M ($0.665 per share); adjusted loss per share $0.48.
- Cash $12M at March 31, 2022; closed $12M non-convertible debt and extinguished $1.6M legacy debt.
- Expanded network to 300+ centers, 1,500 cardiologists; launched Biotres, Bioheart, Biokit after FDA clearance.