tiprankstipranks
Trending News
More News >

Biotricity: Advancements to ‘propel the company towards profitability’ by Q4 end

Biotricity reports financial and strategic advancements that will propel the company towards profitability by the end of Fiscal Q4. Biotricity is now on an accelerated trajectory to profitability due to growing revenues from sales and strategic partnerships, improving margins, and an earlier than expected milestone of achieving EBITDA positive on a go-forward cash basis. “We are thrilled to share our fast-tracked path towards profitability, driven by strong increase in revenue garnered through strategic partnerships and sales expansion, as well as optimized profit margins,” said Dr. Waqaas Al-Siddiq, CEO and founder of Biotricity. “This achievement is a testament to our novel approach and the increasing demand for our diagnostically superior remote monitoring solutions.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

1