Bullboard - Stock Discussion Forum Bloom Health Partners Inc BLMHF

Healthcare Medical Instruments & Supplies

Bloom Health Partners Inc is an occupational health and safety service provider. The Company is principally engaged in delivering technology enabled health care solutions. It also provides mobile lab testing, mail-in kit testing, point of care rapid testing and advisory dashboards for COVID-19 testing and consulting for occupational health and safety.

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Bloom Health Partners Inc > BLMH up 11% w/ profitable Fiscal Q3 w/ $8.4M in revenue

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Post by waves1 on Aug 31, 2022 1:47pm

BLMH up 11% w/ profitable Fiscal Q3 w/ $8.4M in revenue

BLMH up 11% after reporting a profitable Fiscal Q3 2022 with $8.4M in revenue!

For the three months ended June 30, 2022, BLMH's unaudited Fiscal Q3 revenues of $8.4M bring its YTD revenue to $24.9M!
• Adjusted EBITDA: $1.4M
• Cash on hand: $5.9M with receivables of $6.8M
• Revenue guidance for the full fiscal year: $25-28M
• Extended contract with State of Texas K-12 Schools for an additional year

These are significant results for BLMH, having "all but reached" their revenue guidance for the FY 2022 in three quarters. As BLMH continues to transform into an innovative provider of employer health-tech solutions and services, its end-to-end platform strategy of clinical, labs, and data in workplace health is continually well received by clients, partners and investors.

https://ca.finance.yahoo.com/news/bloom-health-partners-reports-profitable-123000256.html