Insignia Q1 net income $62k vs loss; revenue +14% to $6.1M

BLOOMIA HOLDINGS, INC.

2022-Q1 EPS reported $0.03 revenue$6,148,000

Q1 net sales $6.1M, up 14% YoY; operating income $73k vs loss of $1.8M.
Net income $62k ($0.03/sh) vs net loss $737k ($0.42/sh) in Q1 2021.
Non-signage (display/on-pack) revenue surged 48%, now 96% of total revenue.
Cash and equivalents $481k at Mar 31 (seasonal); $3.0M at Apr 30; working capital $3.9M.
Exploring strategic alternatives; engaged Chardan as financial advisor.

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