Blis Technologies earnings beat expectations on strong order growth

Mon, 01 Apr 2019

By Paul McBeth April 1 (BusinessDesk) - Blis Technologies says annual revenue and earnings beat guidance as the probiotics consumer products maker registered strong order growth in the March quarter. Earnings before interest, tax, depreciation and amortisation were almost $850,000 in the year ended March 31, turning around an ebitda-loss of $422,000 a year earlier. Revenue rose to $8.3 million from $5.3 million, and Blis said pre-tax profit was about $350,000. The Dunedin-based biotech company said the figures are subject to audit an...

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