For the 12 months ended 31 March 2020, Blis Technology Limited (NZX:BLT) reported revenue of $10.6 million, up by 29% from FY19, in line with the guidance provided on 9 April. Net profit registered solid growth and it increased by 320% to $1.6 million. Other key highlights:
- EBITDA stood at $2.1 million, up by 130%;
- The company registered strong sales growth on the Amazon US online platform;
- During the year, the company launched of UltraBLIS™;
- It also received regulatory approvals in Canada and US.