LOS ANGELES--(BUSINESS WIRE)--BRAVADA International Ltd (https://www.MedicalMasksWholesale.Net) (Pink Sheets: BRAV) is increasing its full year 2020 revenue guidance. On April 9, 2020, BRAVADA provided the following revenue guidance for fiscal years 2019 and 2020:
Previous Full Year Revenue Guidance: |
||||
|
||||
Full Year 2019 |
$ 2,475,000 - $ 2,600,000 (Projected) |
|||
Full Year 2020 |
$ 2,900,000 - $ 3,100,000 (Projected) |
|||
|
||||
Revised Full Year Revenue Expectations: |
||||
|
||||
Full Year 2019 |
$ 2,650,000 - $ 2,700,000 (Projected) |
|||
Full Year 2020 |
$ 4,200,000 - $ 4,500,000 (Projected) |
|||
Early in 2017, BRAVADA International began a multi-stage process to reposition itself in the larger ecommerce idiom. This included concluding its physical retail business, relocating its operations, maximizing its “pick n pack” and shipping efficiencies and scalability and sourcing products directly from factories to eliminate all middle-person costs for sourcing products. It is a “factory to floor” model that minimizes product costs and can be applied to any product vertical. The company has access to an ever-growing list of quality products having built reliable contacts globally. This strategy is magnified with a retail and wholesale website companion strategy allowing for greater keyword penetration and larger product throughput exemplified by the company’s latest websites, MedicalMaskSuperstore.com and MedicalMasksWholesale.Net. Both are designed to work together from a retail and wholesale perspective.
The Company previously announced that it is working to return the company to current filer status sometime during fiscal year 2020. Additional information shall be provided to shareholders via a conference call or press releases in the near future.
Forward-looking Statements
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of BRAVADA International’s business, corporate growth, and related business strategy. Such statements may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause actual results to differ may emerge from time-to-time. BRAVADA International undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements.
About:
BRAVADA International is an online retailer of women’s fashion and personal protection devices with multiple online properties and a real-world warehouse headquartered in Los Angeles, CA.