Q1 2022 Biosyent Inc Earnings Presentation Transcript

May 18, 2022 / NTS GMT
Presentation
May 18, 2022 / NTS GMT

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Corporate Participants
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* René C. Goehrum
BioSyent Inc. - Chairman, CEO & President

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RenéC. Goehrum - BioSyent Inc. - Chairman, CEO & President

Hello. Welcome to the BioSyent Inc. Q1 2022 Results Presentation. My name is René Goehrum, and I'm the President and CEO of the company.

I want to draw your attention to our disclaimer on forward-looking statements. And let's jump into the presentation with a look at our sales, EBITDA and net income after tax.

So this slide shows you first quarter ending March 31 of '22 and compares it to '21 and 2020. So a few things I'd like to point out.

Our sales were down 5% from the year ago quarter but flat when comparing only to continued operations. So you'll recall we announced midway through the year last year that we would be rationalizing our product portfolio and discontinuing certain products. We have taken that step and now those discontinued products no longer

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