Business
BEACN Announces Results for the quarter ended June 30, 2023
(TheNewswire) Vancouver, BC – TheNewswire - August 31, 202 3 - BEACN...
About this update from Beacn Wizardry & Magic Inc
[{"type":"text","content":"BEACN Announces Results for the quarter ended June 30, 2023\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC –\n \n \n TheNewswire -\n \n \n August 31, 202\n \n \n 3\n \n \n -\nBEACN Wizardry & Magic Inc. (“BEACN” or the “Company”)\n(TSXV:BECN)\n \n \n announces for the six months ended\nJune 30, 2023, the Company achieved sales revenue of $1,095,024 (2022\n- $2,807,906) gross profit of $476,901 (44%) (2022 - $1,183,467 (42%)\nand a net loss of $1,086,760 (2022 – net income of $442,240).\nFurther information is available from the Company’s interim\nfinancial statements for the period ended June 30, 2023 available\nunder the Company’s profile on SEDAR at www.sedar.com.\n \n \n \n \n Throughout the remainder of 2023 and into 2024 BEACN is\ncontinuing to implement it’s B2B retail strategy while also\nexpanding the reach and availability of our e-commerce platforms to\nmore countries. With more routes to market, continued investment in\nproduct development, and near-term product launches, BEACN anticipates\nstronger quarterly earnings to close 2023.\n \n \n \n \n About BEACN Wizardry & Magic\nInc.\n \n \n \n \n BEACN (TSX-V: BECN), a Victoria BC based consumer\nelectronics company, develops innovative audio equipment, peripherals\nand technology for gamers, live streamers, and content creators. BEACN\nis committ\n \n \n \n \n ed to\ndelivering premium products that enable everyone to produce\nstudio-quality content. BEACN's award-winning product ecosystem\nincludes BEACN Mic, BEACN Mix and BEACN Mix Create. BEACN is listed on\nthe TSXV under the symbol BECN.\n \n \n \n \n For further information, please contact:\n \n \n \n \n BEACN Wizardry & Magic\nInc.\n \n \n \n \n Daniel Davies:\n \n \n \n [email protected]\n \n \n \n or 778-561-1450\n \n \n \n \n To learn more visit:\n \n \n \n www.ir.BEACN.com\n \n \n \n \n \n Reader Advisory\n \n \n \n \n Certain information set forth in\nthis news release contains forward-looking statements or information\n(\"\n \n \n forward-looking ‎statements\n \n \n \"), including details about the proposed Offering and the\nCompany’s proposed use of proceeds from the Offering. By their\nnature, forward-looking statements are ...