sur Biotricity, Inc. (NASDAQ:BTCY)
Biotricity Nears Profitability With Strong Revenue Growth
Biotricity Inc., known for its innovative remote monitoring solutions, announced financial strides pushing it toward profitability by the end of Fiscal Q4. Achieving EBITDA positive on a go-forward cash basis marks a key milestone for the company.
The growth is attributed to increasing revenues from sales and strategic partnerships, along with improved margins. Dr. Waqaas Al-Siddiq, CEO of Biotricity, highlighted the success of their remote monitoring solutions in meeting rising healthcare demands.
Biotricity's focus on leveraging advanced technology positions it for sustainable growth and market opportunities. The company's solid financial foundation and strategic initiatives are seen as pivotal in its journey toward profitability.
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