Bloomios, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 18, 2023 at 05:23 pm
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Bloomios, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 2.75 million compared to USD 1.49 million a year ago. Net loss was USD 2.73 million compared to USD 1.26 million a year ago.
Basic loss per share from continuing operations was USD 0.11 compared to USD 0.1 a year ago.
Bloomios, Inc. manufactures, markets, and distributes hemp-derived supplements and cosmetic products through wholesale distribution channels in the United States, through its wholly owned subsidiary, Bloomios Private Label (BPL). BPL is engaged in the manufacturing, processing, sourcing and distribution of hemp-derived, nootropic and nutraceutical products to wholesalers and retailers. The Company manufactures hemp infused products ranging from human edibles, pet edibles, liquid consumables such as tinctures and shots, topicals, and smokable hemp. It provides support at each step from custom formulation, order fulfillment, and brand development. Its product categories include edibles, tinctures, oils, salves, capsules, balms, lotions, creams, beverages and pet treats. It offers its private-label and white-label customers a collections of customizable hemp products that includes over 80 products across seven categories in addition to custom formulation and manufacturing services.
BLOOMIOS, INC. 
