earnings
confidence high
sentiment negative
materiality 0.60
Brownie's Marine Q2 revenue up 40.2% to $2.40M; net loss widens to $329k
Brownie's Marine Group, Inc
2022-Q2 EPS reported
$0.00
revenue$4,376,207
- H1 revenue $4.37M (+64.3% YoY); BLU3 revenue $1.68M (+94.5%).
- Q2 net loss $328.7k vs $89.8k in prior year; adjusted net income $89.5k (+109.1%).
- Acquired Gold Coast Scuba assets; launched Live Blue subsidiary for guided tours/retail.
- Supply chain issues caused back-orders for BLU3 in June.
- Operating loss $(319)k vs $(248)k; depreciation/amortization $173k vs $65k.