Bloom Health Partners Inc DIZNF

$BLMH.c Reports $5.8M Fiscal Q1 Revenue

[partystocker]

Bloom Health Partners (CSE: BLMH) has reported strong fiscal Q1 revenues to support its anticipated revenue of $25-$28M this year. 

In Q1, $BLMH.c completed the quarter with $5.8M in revenue. The company did complete this quarter with a loss from operations of $1M, which is largely attributed to an investment in expansion and a lower revenue quarter due to cyclical factors. 

CEO Andrew Morton remains optimistic in the company’s outlook for this year, emphasizing the company’s ability to have generated these revenues while having both Christmas and Thanksgiving fall in $BLMH’s first fiscal quarter. Resulting in two short months of US operations. 

$BLMH is currently trading at $.265 and the company is valued at an MCAP of $10.32 million. 

https://ceo.ca/@newsfile/bloom-health-partners-completes-fiscal-q1-2022-with