Revenue growth and a profitable second half year

Thu, 25 May 2023

Blis Technologies Limited (NZX:BLT) has reported its results for the 12 months to 31 March 2023, with revenue of $10.2 million, 14% growth on the prior year, and a positive EBITDA of $0.6m and a net profit of $0.3m in the second half of the year.

This is in line with the upgraded guidance provided in April 2023.

The company has seen a rebound in revenue from Europe, the first revenue from its strategic partnership with Probi, and early signs of an improved performance following the strategy reset.