Business Warrior Announces 2022 Financial Results
PHOENIX, Feb. 15, 2023 (GLOBE NEWSWIRE) — Business Warrior Corporation (OTCQB:BZWR), the cloud-based lending platform for success and long-term growth for businesses, announced today it has completed its audited financials for the fiscal year ending August 31, 2022. The company’s total revenue was $3,710,370 for the fiscal year ending August 31, 2022. The twelve-month pro forma revenues for all three entities were $6.5 million for the fiscal year ending August 31, 2022. Net loss was $7.5 million inclusive of a $4 million non-cash goodwill impairment charge associated with the Helix and Alchemy Technologies acquisitions. Business Warrior is seeking a reduction in the purchase price for Alchemy.
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