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CNVCF / BioHarvest Sciences sees 1Q revenue soar to US$2.2M; targets cash flow “break-even” by 4Q

BioHarvest Sciences sees 1Q revenue soar to US$2.2M; targets cash flow “break-even” by 4Q
BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) has announced that first-quarter 2023 revenue for its flagship VINIA product climbed 209% year over year to US$2.2 million, as the company says its sales metrics continue to improve and increased marketing efficiency has been achieved during the period. The biotech firm also noted that it is reiterating both its announced revenue guidance of US$17 million plus for the year and that it is targeting to be cash flow “break-even” by 4Q 2023. Read More
Posted: May 31 2023, 08:40
Author Name: Proactive Investors
Views: 102032

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