Evio, Inc. Reports Earnings Results for the Full Year Ended September 30, 2019
May 20, 2020 at 06:02 am EDT
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EVIO, Inc. announced earnings results for the full year ended September 30, 2019. For the full year, the company announced total revenue was USD 3.789 million compared to USD 3.365 million a year ago. Operating loss was USD 7.325 million compared to USD 8.176 million a year ago. Net loss was USD 18.548 million compared to USD 11.634 million a year ago. Basic loss per share from continuing operations was USD 0.69 compared to USD 0.7 a year ago.
EVIO, Inc. is a diversified holding company. The Company provides analytical testing services to the agricultural and pharmaceutical industries, primarily for cannabis, hemp, and related products. The Company offers residential and commercial construction services. The Company also offers research and development and consulting services for participants in the cannabis and hemp industries. The Company tests products to verify the regulatory requirements for sale. Its subsidiaries include Smith Scientific Industries, LLC; Greenhaus Analytical Labs, LLC; Viridis Analytics, LLC; EVIO Labs OR, Inc.; C3 Labs, LLC; EVIO Labs Humboldt, LLC and Keystone Labs, Inc.