Blis Technologies reports profitable third quarter

Blis Technologies has reported revenue growth and a profitable result for the third quarter of the financial year.

For the three months ending December 31, 2024, the company achieved revenue of $3.2 million, a 4% increase compared to the same period last year.

It also recorded positive earnings before interest, tax, depreciation, and amortisation (ebitda) of $300,000 (unaudited).

In the nine months to December 31, 2024, Blis Technologies experienced 17% revenue growth.

This growth was primarily driven by a $900,000 (34%) increase in business-to-consumer (B2C) revenue from the Daigou, Amazon, and webstore channels.

The business-to-business (B2B) channel also contributed to the growth, with an $500,000 (8%) increase.

Based on customer sales forecasts and market feedback, the company expects full-year revenue to exceed $12m, with ebitda in the range of $600,000 to $800,000.