Blis Technologies Limited (Blis) has reported a 24% increase in revenue and a positive EBITDA result for the third quarter ending 31 December 2022.
Revenue for the nine months to the same date was up 15% on the same period last year, with the company forecasting full year revenue to be between $9.5m and $9.8m, with an EBITDA deficit in the range of $1.0m to $1.2m.
CEO Brian Watson commented that the continued recovery of their European ingredient business and growth in their New Zealand based retail channel and online sales had returned them to a path for sustainable profitability.
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