Revenue for 2023: $44.1 million. 170% increase over 2022: $16.3 million (restated)
adjusted EBIDA 2023: $3.2 million
operating profit for 2023 $1.2 million (Had positive operating profit for last three quarters of the year. Overall net loss for the year: $1.4 million. This was an improvement of over $8.4 million from the prior year.
4th Quarter 2023 revenue $11.9 million. Adjusted EBIDA: $1.2 million. Operating profit $800,000.
positive cash flow $2.2million
current debt $16.3 million down from ~20 million in previous year.
2024 guidance: revenue $65-75 million. Bulk of this revenue will be with material handling products.