17/02/2022
EOFlow Co. Ltd., a wearable healthcare company, announced its provisional financial statements for the full year of 2021 on Feb. 14, 2022, after the close of the financial markets.
EOFlow announced its provisional consolidated financial statements: full year 2021 revenue of 693.3 million won, an increase of 3,101.5% compared to the prior year, operating loss of 26.9 billion won, and net loss of 29.4 billion won.
โEOFlowโs disposable wearable insulin pump โEOPatchโ was fully launched in South Korea in April and the company expanded its reach to Europe, starting with the first shipment completed in September. Our European partner company, Menarini will progressively launch the product in Europe from the first half of 2022, which can lead to significant sales growth," an IR official at EOFlow said.
For more details on EOFlow's provisional financial statements, check out this news article on Business Korea: http://www.businesskorea.co.kr/news/articleView.html?idxno=87646
EOFlow Co., a wearable healthcare company, announced its provisional financial statements for the full year of 2021 on Feb. 14, 2022, after the close of the financial markets.EOFlow announced its p...