IIOT-OXYS reports FY2022 revenue up >7x YoY; guides for similar growth in 2023

IIOT-OXYS, Inc.

2023-Q1 EPS reported $0.00 revenue$43,283

Annual revenue more than 7x 2021 level; highest since COVID impact.
Operating expenses cut 17%; professional fees down 47%.
Three consecutive quarters of rising revenue through Q4 2022.
DOT bridge monitoring contract yields six-figure revenue stream through mid-2023.
Management expects 2023 YoY revenue growth to meet or exceed 2022's pace.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

IIOT-OXYS, Inc. reported financial results for the year ended December 31, 2022.

Period: the year ended December 31, 2022
Result: reported results

Exact text from the filing

The Press Release will disclose information regarding the Company's results of operations for the year ended December 31, 2022, and the Company's financial condition as of December 31, 2022.

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IIOT-OXYS, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-23-002626

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