New Risk • Jun 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (€66.0m market cap, or US$76.6m). Annuncio • May 02
BioHarvest Sciences Inc. to Report Q1, 2026 Results on May 14, 2026 BioHarvest Sciences Inc. announced that they will report Q1, 2026 results Pre-Market on May 14, 2026 Annuncio • Mar 17
BioHarvest Sciences Inc. to Report Q4, 2025 Results on Mar 31, 2026 BioHarvest Sciences Inc. announced that they will report Q4, 2025 results After-Market on Mar 31, 2026 Annuncio • Dec 05
BioHarvest Sciences Inc. Announces Launch of VINIA Blood Flow Hydration Product BioHarvest Sciences Inc. announced the U.S. launch of VINIA Blood Flow Hydration, the first hydration solution powered by the blood flow benefits of VINIA's Piceid resveratrol to enter the $13 Billion US Electrolyte Market. Better Hydration starts with Better Blood Flow. Following overwhelmingly positive early-adopter interest, VINIA Blood Flow Hydation™? is now shipping nationwide and is available exclusively at Vinia.com, with free delivery across North America. This product introduces a breakthrough concept to the rapidly growing hydration market: Hydration Powered by the Blood Flow benefits of VINIA'sPiceid Resveratrol, marking VINIA Blood Flow Hydrated™? as the world's first hydration formula with the power of VINIA's rapid absorption Piceid Resveratrol - designed to work synergistically to improve the body's circulation system and more efficiently deliver fluids and electrolytes where the body needs it most. VINIA Blood flow goes one step further and improves How electrolytes and nutrients get delivered. Containing the finest sources of natural electrolytes, the solution is formulated with premium sodium from sea salt, potassium from coconut water, and magnesium from marine ocean beds. This electrolyte solution is powered by VINIA's unique red grape polyphenol complex (23mg), including rapid absorption Piceid Res Veratrol (6mg), which has been clinically shown to significantly increase arterial dilation, improving blood flow. Better blood flow ensures more efficient transportation of electrolytes and fluids to body's organs, muscles, and cells, right where they're needed most. A New Era in Blood Flow-Driven Hydration Science. Products undergo rigorous testing using ISO 17025 accredited methods to provide the highest level of assurance for athletes. Every order is backed by BioHarvest's 90-Day "Feel It or It's Free" Guarantee, the industry's strongest consumer promise. Customers can use every stick for 90 days. If they do not love the taste or feel the VINIA®? difference, VINIA®? will refund the full purchase price and cover return shipping. No questions asked. The company has announced that VINIA Blood Flow Hydization is now available to all online consumers for purchase on VINIA.com and will be available on Amazon.com by the end of December. In addition to being available direct-to-consumer via the company's established e-commerce channels, VINIA Blood Flow hydration will also be distributed via select "point-of-sweat" outlets, to service active consumers looking for premium health solutions. Annuncio • Nov 05
BioHarvest Sciences Inc. to Report Q3, 2025 Results on Nov 13, 2025 BioHarvest Sciences Inc. announced that they will report Q3, 2025 results After-Market on Nov 13, 2025 Annuncio • Oct 06
BioHarvest Sciences Inc. announced that it has received CAD 0.553037 million in funding On October 6, 2025, BioHarvest Sciences Inc. closed the transaction. Annuncio • Sep 24
BioHarvest Sciences Inc. announced that it has received CAD 5.1 million in funding BioHarvest Sciences Inc announced that it has completed a private placement and issued Convertible Notes for aggregate gross proceeds of CAD 5,100,000 on September 22, 2025. Annuncio • Aug 04
BioHarvest Sciences Inc. to Report Q2, 2025 Results on Aug 11, 2025 BioHarvest Sciences Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 11, 2025 Annuncio • Jun 05
BioHarvest Sciences Inc. Announces the Launch of VINIA® DailyChews 2X Formula BioHarvest Sciences Inc. announced the launch of VINIA® DailyChews 2X Formula, a first-of-its-kind chew designed to increase nitric oxide production and arterial dilation, and to enhance blood flow and oxygen delivery for athletes and individuals with highly active lifestyles. VINIA® DailyChews 2X Formula are now available for purchase in a 30-count pack on VINIA.com. Formulated with a double dose of BioHarvest's proprietary red grape cell composition, VINIA® DailyChews 2X Formula are officially Informed Sport-certified, underscoring the Company's commitment to cleaner, safer, and effective performance nutrition. The globally recognized certification ensures every batch is tested for banned substances, making it a trusted choice for professional athletes, military personnel, and fitness enthusiasts alike. Annuncio • May 02
BioHarvest Sciences Inc. to Report Q1, 2025 Results on May 15, 2025 BioHarvest Sciences Inc. announced that they will report Q1, 2025 results After-Market on May 15, 2025 Annuncio • Mar 17
BioHarvest Sciences Inc. to Report Q4, 2024 Results on Mar 31, 2025 BioHarvest Sciences Inc. announced that they will report Q4, 2024 results After-Market on Mar 31, 2025 Annuncio • Jan 22
Bioharvest Sciences Inc. Appoints Sharon Malka as Independent Director BioHarvest Sciences Inc. announced that Mr. Sharon Malka has agreed to serve as an independent director of BioHarvest. The appointment is effective immediately. Sharon Malka brings a wealth of experience to BioHarvest, having held senior leadership positions with a number of international healthcare and technology companies. He is currently Chief Executive Officer of Dotz Nano Ltd., an Australian-based technology company focused on developing, manufacturing and commercializing advanced materials for diagnostics solutions. Mr. Sharon is currently on the Board of Directors of MediWound Limited, a Nasdaq-listed biopharmaceutical company, where he also previously served as both Chief Financial Officer and Chief Executive Officer. Prior to Mediwound, Sharon held the role of Partner at Variance Economic Consulting Ltd., a financial services consulting boutique focused on international technology company. Mr. Malka is a certified CPA and graduate of the Executive Education Program of Harvard Business School. He holds a B.Sc. in Business Administration and an M.B.A. Annuncio • Nov 27
BioHarvest Sciences Inc. Launches VINIA Superfood Functional Tea Line BioHarvest Sciences Inc. announced the launch of its highly anticipated VINIA infused teas - a line of SuperFood functional teas that deliver the same clinically validated benefits as the successful VINIA® supplements. This launch further demonstrates the potential of VINIA's lifetime value across multiple consumer verticals. Tens of thousands of subscribers take VINIA daily to improve blood flow as a supplement in capsule form or through VINIA® Superfood coffee, which increases their dilation of arteries, improving blood flow and enhancing their physical energy and mental alertness. Now consumers can experience those same blood flow improvements together with a cup of great tasting VINIA Superfood Tea, featuring four premium blends: Black Tea, Green Tea, Matcha Green Tea and Cranberry Hibiscus Herbal Tea. BioHarvest's VINIA® SuperFood Infused Teas - which contain the equivalent piceid resveratrol contained in one capsule of VINIA® - deliver superior science, efficacy and taste. Third party blind taste testing shows BioHarvest's VINIA® infused teas outperformed leading English Breakfast and Green Tea brands. All the tea used in the VINIA SuperFood Infused Teas lineup are sourced from Rainforest Alliance certified farms. BioHarvest will launch its VINIA® infused tea line across major channels starting, December 7th, following a VIP launch commencing on November 25, 2024 for select existing VINIA® subscribers. New Risk • Nov 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$9.2m free cash flow). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Annuncio • Sep 20
Bioharvest Sciences Inc. Announces Resignation of David Ryan as Director BioHarvest Sciences Inc. announced the resignation of David Ryan as a director of the Company. Mr. Ryan will remain a key member of the Company's management team, continuing to serve as Vice President of Investor Relations of the Company. Mr. Ryan resigned as a director of the Company in order for the Company to meet Nasdaq mandates to have a majority of independent directors in connection with its proposed application to list its common shares on the Nasdaq Stock Market. Reported Earnings • Aug 30
Second quarter 2024 earnings released: US$0.042 loss per share (vs US$0.21 loss in 2Q 2023) Second quarter 2024 results: US$0.042 loss per share (improved from US$0.21 loss in 2Q 2023). Revenue: US$6.03m (up 119% from 2Q 2023). Net loss: US$687.0k (loss narrowed 76% from 2Q 2023). Revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Personal Products industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. New Risk • Aug 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.2m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$3.2m). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (€91.2m market cap, or US$99.6m). Annuncio • Jun 21
BioHarvest Sciences Inc. announced that it expects to receive CAD 6.847977 million in funding BioHarvest Sciences Inc. announced a private placement of up to 697,350 units at a price of CAD 9.82 per unit for the gross proceeds of CAD 6,847,977 on June 21, 2024. Each unit includes one common share, one-quarter (1/4) of a CAD 10.50 warrant, and one-quarter (1/4) of an CAD 15.77 Warrant. The Company will pay cash commissions or finders fees of up to 5% of the cash proceeds of the offering. Reported Earnings • Jun 05
First quarter 2024 earnings released: US$0.48 loss per share (vs US$0.057 loss in 1Q 2023) First quarter 2024 results: US$0.48 loss per share (further deteriorated from US$0.057 loss in 1Q 2023). Revenue: US$5.34m (up 147% from 1Q 2023). Net loss: US$6.58m (loss widened US$5.83m from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. Reported Earnings • May 02
Full year 2023 earnings released: US$0.027 loss per share (vs US$0.025 loss in FY 2022) Full year 2023 results: US$0.027 loss per share (further deteriorated from US$0.025 loss in FY 2022). Revenue: US$12.7m (up 131% from FY 2022). Net loss: US$12.6m (loss widened 12% from FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annuncio • Apr 05
BioHarvest Sciences Inc., Annual General Meeting, May 27, 2024 BioHarvest Sciences Inc., Annual General Meeting, May 27, 2024. Annuncio • Jan 09
BioHarvest Sciences Inc. to Report Q4, 2023 Results on Mar 29, 2024 BioHarvest Sciences Inc. announced that they will report Q4, 2023 results on Mar 29, 2024 Annuncio • Dec 27
BioHarvest Sciences Inc. announced that it has received CAD 13.622872 million in funding On December 27, 2023, BioHarvest Sciences Inc., closed the transaction. The company raised CAD 1,836,383.28 in its second and final tranche closing. As a part of the transaction, the company paid a total of CAD 53,247.54 as commissions or finder's fees associated with this final tranche. The transaction was oversubscribed by CAD 122,873.26. Annuncio • Dec 14
Bioharvest Sciences Inc. Announces Major Product Launch of Vinia-Based Functional Coffee Products BioHarvest Sciences Inc. announced that it has created a new "functional" coffee product line featuring VINIA Red Grape Superfood, its nutraceutical product.ens of thousands of subscribers take VINIA daily to improve blood flow, which enhances their physical energy and mental alertness, and now consumers can experience those same blood flow improvements conveniently together with one daily cup of great tasting VINIA Superfood coffee, now available at . These new VINIA coffee products are the first of three key delivery mechanisms implementing the 'VINIA Inside' Strategy. The BioHarvest Sciences Botanical Synthesis platform delivers non- GMO, fingerprint consistent plant cells with elicited levels of active phytochemicals not available in nature. All benefits and claims are supported by scientific studies and clinical trials. Superior Taste-- All product formulations are extensively taste-tested via blind quantitative taste test research versus market leaders. VINIA is clinically proven to significantly dilate arteries. It achieves this unique outcome by increasing Nitric Oxide levels in the blood (which act as a vasodilator) and by reducing the Endothelin-1 levels in the blood (which Act as a vasoconstrictor). BioHarvest currently has a Direct-to-Consumer focus, with 93% of VINIA sales occurring on VINIA.com being via subscription. BioHarvest also uses Amazon.com as a key channel to source new customers. Formulated by leading scientists and coffee connoisseurs, VINIA Superfood Coffee contains 100% premium Arabica beans and is infused with a matrix of the red grape polyphenols found in red wine, with zero alcohol. VINIA Superfood Coffee is available for online purchase in North America on company website. Each Medium Roast and Decaf VINIA Superfood Coffee Pod includes VINIA Red Grape Powder (23 mg of polyphenols including 6 mg of piceid resveratrol) which is equivalent to one VINIA capsule. VINIA® Superfood Coffee is compatible with Keurig and most single serve brewing systems. VINIA has no affiliation with Keurig Dr. Pepper Inc, "Keurig" and "K-Cup" is a registered trademark of Keurig Dr. Pepper Inc. VINIA Superfood functional coffees are expected to be available in 2024 in Nespresso compatible pods, and the Company has announced that it will add tea products to its Hot Beverages business, including black and green teas. The Company expects to release financial guidance on the new VINIA Superfood Coffee and Tea portfolio at the end of first quarter of 2024. Annuncio • Nov 30
Bioharvest Sciences Inc. Revises Revenue Guidance for the Year 2023 BioHarvest Sciences Inc. revised revenue guidance for the year 2023. The company expects total revenue for 2023 to fall 27% short of the USD 17 Million revenue guidance provided by the Company in early 2023. Reported Earnings • Nov 30
Third quarter 2023 earnings released: US$0.004 loss per share (vs US$0.009 loss in 3Q 2022) Third quarter 2023 results: US$0.004 loss per share (improved from US$0.009 loss in 3Q 2022). Revenue: US$3.24m (up 114% from 3Q 2022). Net loss: US$1.73m (loss narrowed 56% from 3Q 2022). Annuncio • Nov 30
BioHarvest Sciences Inc. Provides Revenue Guidance for the Fourth Quarter 2023 BioHarvest Sciences Inc. provided revenue guidance for the fourth quarter 2023. For the fourth quarter 2023, the company revenue range guidance of USD 4.2 million - USD 4.5 million. Annuncio • Oct 20
BioHarvest Sciences Inc. announced that it expects to receive CAD 12 million in funding BioHarvest Sciences Inc. announced a non-brokered private placement of convertible notes for the gross proceeds of CAD 12,000,000 on October 19, 2023. The notes will have a term of 24 months, and pay interest of 12% per annum. The convertible notes and accrued interest will be convertible at the option of the holder into common shares of the Issuer at a conversion price that is equal to the closing market price of the company’s common shares on the date of conversion less a discount of 20% but in any event, not less than CAD 0.24 per share or more than CAD 0.75 per share. Reported Earnings • Sep 03
Second quarter 2023 earnings released: US$0.006 loss per share (vs US$0.005 loss in 2Q 2022) Second quarter 2023 results: US$0.006 loss per share (further deteriorated from US$0.005 loss in 2Q 2022). Revenue: US$2.75m (up 228% from 2Q 2022). Net loss: US$2.85m (loss widened 20% from 2Q 2022). Annuncio • Aug 25
BioHarvest Sciences Inc. to Report Q2, 2023 Results on Aug 30, 2023 BioHarvest Sciences Inc. announced that they will report Q2, 2023 results on Aug 30, 2023 Annuncio • Jul 08
BioHarvest Sciences Inc. announced that it expects to receive CAD 4.625103 million in funding BioHarvest Sciences Inc. announced a non-brokered private placement of convertible notes for the gross proceeds of CAD 4,625,102.87 on July 7, 2023. The notes will have a term of 12 months, and pay interest of 9% per annum. The Convertible Notes are convertible as to principal and accrued interest at the option of the holder into common shares of the company at a conversion price of CAD 0.20 per share. Annuncio • Jun 08
BioHarvest Sciences Inc. Announces Appointment of John Paul Sangiovanni as Medical and Scientific Advisory Board BioHarvest Sciences announced that it has added Dr. John Paul SanGiovanni, world renowned nutritionist and Harvard-trained scientist, to its Medical and Scientific Advisory board. Dr. SanGiovanni will act as a liaison with the spheres of Academia, Industry, and Government, helping spread the promise and potential of Botanical Synthesis. His deep connections within Academic and research institutions will introduce BioHarvest's biotech capabilities to new potential research partners, and he will contribute his experience to help facilitate targeted applications for both US and European government grants. Reported Earnings • Jun 01
First quarter 2023 earnings released: US$0.002 loss per share (vs US$0.005 loss in 1Q 2022) First quarter 2023 results: US$0.002 loss per share (improved from US$0.005 loss in 1Q 2022). Revenue: US$2.16m (up 209% from 1Q 2022). Net loss: US$752.0k (loss narrowed 65% from 1Q 2022). Annuncio • Jun 01
Bioharvest Sciences Inc. Reiterated Sales Guidance for the year 2023 BioHarvest Sciences Inc. reiterated sales guidance for the year 2023. The company is reiterating revenue guidance of USD 17 million+ for the year. Annuncio • May 19
BioHarvest Sciences Inc., Annual General Meeting, Jul 19, 2023 BioHarvest Sciences Inc., Annual General Meeting, Jul 19, 2023. Reported Earnings • Apr 30
Full year 2022 earnings released: US$0.025 loss per share (vs US$0.023 loss in FY 2021) Full year 2022 results: US$0.025 loss per share (further deteriorated from US$0.023 loss in FY 2021). Revenue: US$5.50m (up 162% from FY 2021). Net loss: US$11.2m (loss widened 14% from FY 2021). Annuncio • Feb 16
BioHarvest Sciences Inc. Announces Clinical Study in Patients with Multiple Sclerosis-Related Optic Neuritis BioHarvest Sciences Inc. announced a collaboration with the International Neurorehabilitation Institute (INI) in Lutherville, Maryland to perform a clinical trial to assess the capacity of its RGC composition to promote eye health. The study will be led by Dr. Daniel Becker, Director of the INI and Assistant Professor of Neurology at Johns Hopkins School of Medicine. RGC is a patented composition based on BioHarvest's Botanical-Synthesis technology, with consistency and quality that have potential to meet the criteria for being used as an Active Pharmaceutical Ingredient (API). The planned translational open-label clinical study will evaluate the impact of RGC on multiple sclerosis (MS)-related optic neuritis driven by inflammation. The study - the latest of several human clinical trials run by BioHarvest - aims to elucidate the mechanisms through which RGC impacts the disease by measuring anti-oxidative, detoxifying, and inflammatory biomarkers. The research team hypothesizes that RGC will result in positive changes to eye health by modulating a variety of biomarkers compared to baseline in the study participants. The next important step for this study is submission to an Institutional Review Board (IRB) to be followed by the study launch with 15-30 participants. The Multiple Sclerosis Foundation estimates more than 1 million people in the United States and about 2.5 million people worldwide have been diagnosed with MS, and some 200 new cases are diagnosed weekly in the US alone. While the root causes of MS are still unknown, there are definite links between genetic and select environmental factors. Annuncio • Jan 18
Bioharvest Sciences Inc. Appoints George Garibaldi to its Scientific Board of Advisors BioHarvest Sciences Inc. announces that effective immediately, Dr. George Garibaldi will serve on its Scientific Board of Advisors. Complementing a top-tier group that includes a significant array of expertise, Dr. Garibaldi brings BioHarvest 40 years of experience in drug development and understanding of the pharma industry. Dr. George Garibaldi is co-founder and President of Research and Development of Noema Pharma AG. He previously held leadership responsibilities in research and development in several major pharmaceutical companies, most recently serving as VP and Global Head of Clinical Neuroscience at F. Hoffmann-La Roche. Dr. Garibaldi trained in child psychiatry, statistics, and neuropsychopharmacology. During his tenure at Roche, he led the development of multiple therapies including OCREVUS (ocrelizumab), approved in 2017 for primary progressive and relapsing-remitting multiple sclerosis. Prior to Roche, he was Head of Psychiatry and Geriatric Psychiatry at Novartis and the Neuroscience Therapeutic Area Lead at Janssen Pharmaceuticals. Throughout his career, Dr. Garibaldi developed therapies for multiple conditions including Exelon (rivastigmine) in Alzheimer's disease, Fanapt (iloperidone) in schizophrenia, Risperdal Consta (risperidone long-acting injectable) in frequently relapsing patients with bipolar disorders, and Invega (paliperidone) in patients with schizoaffective disorder. He also led the regulatory submission and approval of Risperdal (risperidone) in autism spectrum disorders. Dr. Garibaldi serves as a peer reviewer for multiple scientific and medical journals and has authored more than 100 articles in peer-reviewed journals. He developed, validated and published a number of clinician- and patient-reported clinical outcomes including "The Readiness for Hospital Discharge Questionnaire in Schizophrenia", "The Patient Most Troubling Symptoms Scale in Anxiety and Depression", "The Readiness for Work Questionnaire in Schizophrenia" and "The Clinical Global Impression for Schizoaffective Disorder". Dr. Garibaldi is a board member of several biotech companies, a member of the American Academy of Child and Adolescent Psychiatry (AACAP), founder and past president of the International Society for Central Nervous System Clinical Trials and Methodology (ISCTM) and former chairman of the International Society for CNS Drug Development (ISCDD). He is the recipient of multiple awards including the ISCDD Award for Innovation. Dr. Garibaldi is widely recognized by his peers as an innovative and collaborative leader guided by his dedication to developing novel therapies for patients. Dr. Garibaldi earned an M.D. from the faculty of medicine of Cairo University. He completed his residency in Child and General Psychiatry at the Rene Descartes Medical School, his studies in statistics and mathematical modeling at the University of Kremlin-Bictre, and his studies in Neuropsychopharmacology at the Piti Salptrire. Reported Earnings • Nov 29
Third quarter 2022 earnings released: US$0.009 loss per share (vs US$0.007 loss in 3Q 2021) Third quarter 2022 results: US$0.009 loss per share (further deteriorated from US$0.007 loss in 3Q 2021). Revenue: US$1.52m (up 136% from 3Q 2021). Net loss: US$3.92m (loss widened 29% from 3Q 2021). Board Change • Nov 16
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). VP of Investor Relations, Secretary & Director Dave Ryan is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 31
Second quarter 2022 earnings released: US$0.005 loss per share (vs US$0.004 profit in 2Q 2021) Second quarter 2022 results: US$0.005 loss per share (down from US$0.004 profit in 2Q 2021). Revenue: US$838.0k (up 102% from 2Q 2021). Net loss: US$2.38m (down 234% from profit in 2Q 2021). Reported Earnings • May 31
First quarter 2022 earnings released: US$0.005 loss per share (vs US$0.016 loss in 1Q 2021) First quarter 2022 results: US$0.005 loss per share (up from US$0.016 loss in 1Q 2021). Revenue: US$699.0k (up 123% from 1Q 2021). Net loss: US$2.13m (loss narrowed 69% from 1Q 2021). Reported Earnings • Apr 30
Full year 2021 earnings released: US$0.023 loss per share (vs US$0.019 loss in FY 2020) Full year 2021 results: US$0.023 loss per share (down from US$0.019 loss in FY 2020). Revenue: US$2.10m (up 431% from FY 2020). Net loss: US$9.83m (loss widened 49% from FY 2020). Board Change • Apr 27
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). VP of Investor Relations, Secretary & Director Dave Ryan is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Dec 01
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: US$644.0k (up US$591.0k from 3Q 2020). Net loss: US$3.04m (loss widened 65% from 3Q 2020). Revenue was in line with analyst estimates. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS US$0.004 (vs US$0.004 loss in 2Q 2020) Second quarter 2021 results: Revenue: US$415.0k (up US$376.0k from 2Q 2020). Net income: US$1.79m (up US$3.16m from 2Q 2020). Reported Earnings • Jun 01
First quarter 2021 earnings released First quarter 2021 results: Net loss: US$6.81m (loss widened US$6.54m from 1Q 2020). Reported Earnings • May 02
Full year 2020 earnings released Full year 2020 results: Net loss: US$6.58m (loss widened 54% from FY 2019).