Monday, December 26, 2022 9:12:33 AM
Total revenues for the financial year ended June 30, 2022, net of marketing fees charged by distributors, of $481,407. The fiscal year end occurred within 8 months of the initial listing on the CSE and significant additional contracts added subsequent to June 30, 2022 including Panago Pizza and Sprouts Farmers Markets detailed further below.
Total revenue in Q1 Fiscal 2022 ended September 30, 2022, net of marketing fees charged by distributors, of $285,764, a quarter-over-quarter increase of 57% from $182,027 during Q4 fiscal 2022.
Completion of a $4,815,000 funding round in November 2021 to bolster its balance sheet. The capital was instrumental to the major business highlights below. On December 9, 2022, a second round of funding was closed, raising $1.925 million for our ongoing expansion efforts throughout North America.
The Company had no loans liability as of September 30, 2022.
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