earnings
confidence high
sentiment positive
materiality 0.75
Brownie's Marine Q3 revenue +80% to $2.81M; YTD revenue +70% to $7.19M; adjusted net income positive
Brownie's Marine Group, Inc
2022-Q3 EPS reported
$0.00
revenue$7,185,011
- Q3 net revenues $2.81M (+80.2% YoY); YTD net revenues $7.19M (+70.2% YoY).
- Adjusted net income turned profitable: Q3 $141.9k (vs -$126.6k loss); YTD $144.9k (vs -$161.2k loss).
- BLU3 revenue surged 187% to $980k in Q3; LW Americas up 194% to $351k.
- GAAP net loss widened to -$284k in Q3 from -$90k due to non-cash stock-based compensation.