Brief: Flow Beverage Corp Says Q4 Revenue Rose 31% To C$13.6 Mln
30/01/2023 12:23
Jan 30 (Reuters) - Flow Beverage Corp FLOW.TO :
* FLOW BEVERAGE CORP. REPORTS Q4 AND FISCAL 2022 FINANCIAL
RESULTS
— CONTINUED GROWTH & COST IMPROVEMENT
* FLOW BEVERAGE CORP Q4 REVENUE ROSE 31 PERCENT TO C$13.6
MILLION
* FLOW BEVERAGE CORP - RECENT STRATEGIC INITIATIVES EXPECTED
TO
IMPROVE PROFITABILITY WITHOUT COMPROMISING FLOW BRAND GROWTH
* FLOW BEVERAGE CORP - ANTICIPATE MORE SIGNIFICANT
IMPROVEMENTS IN
OUR FINANCIAL METRICS WILL DEVELOP THROUGH FISCAL Q2 AND Q3 OF
2023
* FLOW BEVERAGE CORP - ADJUSTED EBITDA LOSS OF $10.6 MILLION
IN Q4
2022
* FLOW BEVERAGE CORP - EBITDA LOSS OF $12.0 MILLION IN Q4
2022
* FLOW BEVERAGE - IN FISCAL Q1 2023, CO WILL SEE SOME OF
FINANCIAL
IMPACT OF $17 MILLION IN CASH SAVINGS CO EXPECTED FROM RECENT
STRATEGIC INITIATIVES
Source text for Eikon: ID:nBw1vqwS9a
Further company coverage: FLOW.TO
((Reuters.Briefs@thomsonreuters.com;))
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