Brownie's Marine Group, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter and Full Year 2021
January 21, 2022 at 09:37 am
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Brownie's Marine Group, Inc. provided preliminary earnings guidance for the fourth quarter and full year 2021. For the quarter, the company expected total revenue of approximately $1.900 million, up 104.3% compared with $0.930 million in Q4-2021.
The company expects FY-2021 total core revenue of approximately $6.122 million, up 52.5% compared with $4.016 million in core revenue for FY-2020.
Brownie's Marine Group, Inc. designs, tests and manufactures recreational hookah diving, tankless dive systems, rescue air systems and yacht-based self-contained underwater breathing apparatus air compressor (SCUBA) and nitrox generation fill systems. Its subsidiaries are focused on various sub-sectors of its industry, including Brownie's Third Lung in Surface Supplied Air (SSA), BLU3, Inc. in Ultra-Portable Tankless Dive Systems, LW Americas in High Pressure Gas Systems, Submersible Systems, Inc. (SSI) in Redundant Air Tank Systems and Live Blue, Inc. Its segments include Legacy SSA Products, which sells recreational multi-diver surface supplied air diving systems; High Pressure Gas Systems sells high pressure air and industrial gas compressor packages; Ultra Portable Tankless Dive Systems sells electric surface supply air diving systems and electric shallow dive system; Redundant Air Tank Systems manufactures and distributes of pressure tanks, and air systems, and Guided Tour Retail.
BROWNIE'S MARINE GROUP, INC. 
