Braxia Scientific Fiscal 2022 Revenue Grows 47.5% YoY, What About Net Loss?

Braxia Scientific Corp. (OTCPK:BRAXF) (CSE:RAX) (FWB:4960) recorded revenue of $1.49 million for the fiscal 2022 year ended March 31, 2022 compared with revenue of $1.008 million for the year ended March 31, 2021. On a year-over-year basis, revenue increased 47.5%.

Fiscal 2022 Financial Highlights

  • In the fourth quarter of fiscal 2022, the company recorded revenue of $369,654 compared with revenue of $246,673 in the fourth quarter of 2021. On a year-over-year basis, fourth quarter revenues increased 49.9%.

  • The increase in revenue primarily reflects an increase in the number of treatments from the administering …

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