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BTCY Promotional Newsletter
The following is a newsletter released by "Lion Stock Alerts" promoting Biotricity Inc.
Don't Want Anymore Emails
New Alert Biotricity, Inc. NASDAQ BTCY
We are continuing our coverage of BTCY, a recent alert, and a newly uplisted Nasdaq company that has experienced significant growth over the past year.
Since our last update, BTCY has been consolidating, presenting what could be another opportunity.
In addition, the company has announced several developments recently that could be additional growth catalysts.
Before we discuss the most recent news, here is a brief recap of the company.
BTCY is a medical diagnostic and consumer healthcare technology company that develops comprehensive remote health monitoring solutions for the medical and consumer markets.
The companys FDA-approved Bioflux is a high-precision, single-unit mobile cardiac telemetry MCT device that provides real-time monitoring and transmission of your ambulatory patients ECG information.
As the company further explains
Bioflux enables physicians to remotely monitor and diagnose patients with cardiovascular coronary heart disease by detecting and transmitting probable arrhythmias, along with other diagnostic heart information.
In addition, the companys proprietary remote patient monitoring platform can be leveraged for various industries and plans are underway to pipeline new solutions across a spectrum of health applications, including remote COPD monitoring, fetal monitoring, sleep apnea monitoring, and other chronic conditions.
Since August, the company has announced multiple developments that could position it for increased growth.
As the company recently explained
Since August, the Company has completed a financing to support sales expansion while minimizing dilution and maximizing shareholder value, listed on the Nasdaq exchange, and unveiled its Biokit bundle of wireless cardiac data devices that integrate seamlessly with its Bioflux cardiac-diagnostic offering or operate independently for disease management.
As a reminder, in August, the company announced
Biotricity Reports 290% Revenue Growth Year Over Year in Record First Quarter
For Q1 Fiscal 2022, management is noting the following highlights
Q1 revenue of $1.76 million represented the 9th consecutive quarter of triple digit YoY growth
Quarterly revenue increased 290% when comparing the first quarter of fiscal 2022 to the corresponding quarter of fiscal 2021, showing continued acceleration over the 227% growth in Q42021, 162% growth in Q32021, and 115% growth in Q22021
Quarterly sequential revenue increased 49% compared to 19% posted in the prior quarter, a significant acceleration bolstered by consistent month-over-month sequential growth
The Company nearly tripled sales with a smaller corresponding increase in Operating Expenses, which rose only 17% to $4.2 million for Q1 FY22 compared to $3.6 million in the prior year
On August 30, the company announced, Biotricity Completes Nasdaq Listing for total gross proceeds to the Company of approximately $15 million.
In September, the company announced
Biotricity Unveils Biokit with 3 Personal Medical Devices to Expand into Cardiac Disease Management
REDWOOD CITY, CA ACCESSWIRE September 14, 2021 Biotricity Inc. NASDAQBTCY, a medical diagnostic and consumer healthcare technology company, today announced that it has developed a personal medical device kit, Biokit, a bundled home-use set comprised of a digital thermometer, a pulse oximeter, and a blood pressure cuff. All three devices are FDA cleared, wireless capable and integrate into the Biotricity ecosystem, a platform for interconnectivity. This is the next step in the evolution of the Bioflux solution, where other available tools are fully integrated to create a complete solution for remote cardiac monitoring.
In addition, over the past month, the company has participated at multiple conferences
Biotricity to Discuss Sales Expansion, Recent Financing, and Wearable Medical Device Portfolio Expansion at H.C. Wainwright Conference
Biotricity to Discuss Expansion of Remote Monitoring Medical Device Products at Oppenheimer Fall Healthcare Life Sciences MedTech Summit
Biotricity to Discuss its 2022 Strategic Outlook and Product Pipeline, at Benzinga Healthcare Small Cap Conference
Moreover, yesterday, the company announced
Remote Medical Diagnostic Company, Biotricity, to Ring the Nasdaq Stock Market Opening Bell on Thursday, October 7th
As more investors discover this company, they could notice what we believe to be an overlooked opportunity.
Make sure to do your own due diligence.
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