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Lotus Bio-Technology Development Corp. Announces YTD Revenues And Projections by The Newly Acquired Companies in The Digital Health And Wellness Home Testing Industry.
Lotus Bio-Technology Development Corp. Announces YTD Revenues And Projections by The Newly Acquired Companies in The Digital Health And Wellness Home Testing Industry..
About this update from Lotus Bio-technology Development Corp.
[{"type":"text","content":"\n Irvine Ca, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Irvine, CA, August 2,, 2022 Lotus Bio-Technology Development Corp. Announces YTD Revenues And Projections by The Newly Acquired Companies in The Digital Health And Wellness Home Testing Industry. LBTD’s Boomerangkit.com, LLC and Focal Point, Inc., Announces More $7 Million in Revenue For The Year 2021 And More Than $6 Million in Revenue to Date For The Year 2022 Lotus Bio-Technology Development Corp. (OTC:LBTD) announced today that it is close to surpassing last years revenues in half the amount of time. The companies’ combined Year To Date revenues is $6.3 million, and the combined 2021 revenues was just over $7 million. The companies are rapidly continuing to flourish as they gain control and advance in this digital health and wellness market. The company is on schedule to produce an upwards of $100 million in revenue by the year 2024 as they continue to rollout cutting edge medical technology that will soon be announced. Boomerang utilizes a comparable business model to EverlyWell, which is valued at $2.9 Billion, and takes a similar approach with practices analogous to Color Health, Inc. valued at $4.6 billion. The company ships in-home testing kits directly to customers allowing customers to take samples themselves using the provided materials and drop them in the mail using included prepaid expedited packaging. The company has a very user-friendly online interface accompanied by a simple four step method. 1). Order your test. 2). Register your kit online. 3). Mail your sample back. 4). Receive your results. Boomerangkit.com, LLC is providing patients with quick and accurate information regarding their medical test results. The test kits currently available to patients include Men’s Health; Women’s Health; Sexual Health; General Wellness and COVD-19 testing. Lotus Bio-Technology Development Corp.’s new CEO Hoyt Christopher commented, “I am pleased to be on board and ready to take the challenge of capturing the unfair-share in the Digital Health and Wellness home testing market. It’s not every day that you’re given the opportunity to lead a company that has the market cap, talent, intellectual property and infrastructure to not only do well, but do good while doing well. We are not only confident in our ability to enter the space ...