Upgraded revenue and earnings guidance

Blis Technologies Ltd (NZX:BLT) has announced upgraded revenue and earnings guidance for the financial year ended 31 March 2023, expecting full year revenue of around $10.1m and EBITDA deficit of between $0.6m to $0.7m.

CEO Brian Watson stated that the improved performance is attributed to the strategy reset, revenue growth and returning to a positive EBITDA in the second half of the year.

Results for the 12 months to 31 March 2023 are expected to be announced in late May.