Thursday 6 April 2023

Proactive Investors Interview: BioLargo increasing revenue highlighted by achieving operations net positive cash for first time

 Source: Proactive Investors (https://www.proactiveinvestors.com/companies/news/1011579/biolargo-increasing-revenue-highlighted-by-achieving-operations-net-positive-cash-for-first-time-1011579.html)


BioLargo CEO Dennis Calvert joins Natalie Stoberman from the Proactive studios to share its latest earnings call highlighted by a 132% increase in revenues over 2021, and a 26% decrease in net loss.

Calvert says this growth is highlighted by the company achieving net positive cash from operating activities. Calvert adds that 2022 was BioLargo's strongest year in terms of financial performance, with its Pooph pet odor remover product revenues escalating as it rolls into Walmart stores in the U.S.

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