Monday, January 09, 2023 10:33:58 AM
BioLargo Grew 2022 Revenue by More Than 125% Over the Prior Year 1/2
BioLargo, Inc. (OTCQB:BLGO), a developer of sustainable cleantech technologies and full-service environmental engineering company, announced that its top-line revenue for 2022 exceeded $5.75 million, more than a 125% increase over its 2021 revenues.
Note however, these figures are preliminary and are subject to change pending review and audit by the company's independent registered public accounting firm; the company will include its full results of operations in its annual report filed with the Securities and Exchange Commission on Form 10-K.
BioLargo CEO Dennis P. Calvert commented, "Our current success reflects the significance of our expanding portfolio of sustainable technologies and products. We believe our revenue growth will continue in 2023 as we focus on our PFAS removal water treatment system the AEC, the pet-odor product Pooph, and major engineering projects. This commercial success also validates our business model and raises the profile for our entire portfolio."
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