March 1 (Reuters) - Limeade Inc (LME) :
- FY NET LOSS AFTER TAX OF $13.2 MILLION, 33% GREATER THAN PCP
- SEES FY23 GUIDANCE REVENUE OF $57 TO $59 MILLION
- FY REVENUE OF $56.0 MILLION, 1% GREATER THAN PCP
- PLANS TO DELIVER ADJUSTED EBITDA POSITIVITY IN FY23
- SEES ADJUSTED EBITDA BETWEEN $0.5 MILLION TO $2.5 MILLION IN FY23
- SEES NET LOSS AFTER TAX BETWEEN $5.0 MILLION TO $7.0 MILLION IN FY23
- SEES RESTRUCTURE AND RELATED EFFORTS TO RESULT IN THREE-TO-FIVE PERCENTAGE POINT INCREASES IN GROSS MARGINS IN FY23
- COMMITTED TO RETURNING TO CASH FLOW POSITIVE OR BREAKEVEN BY END OF FY23
