Bemax Inc. Reports Revenue Results for Fourth Quarter and Earnings Results for Full Year Ended May 31, 2016; Provides Revenue Guidance for the Fiscal Year 2016
The company reported revenues for the year ended May 31, 2016 totaled $538,738 compared to $0 in revenue for the year ended May 31, 2015. It incurred net loss of $163,171 compared to $477,081 in net loss for the year ended May 31, 2015.
For the fiscal year 2016, the company revenue is expected to be in the range of $2.73 million to $3.3 million.