Online Meal Delivery Service Reports Record Revenue

Online Meal Delivery Service Reports Record Revenue

By: Dylan Sikes – AllPennyStocks.com News

Monday, June 13, 2022

Who doesn’t want a great home cooked meal? This company reported record revenue thanks to its chef-inspired gourmet ready-made meals.

Home Bistro, Inc. (OTC PINK: HBIS) is a leading online meal delivery platform offering gourmet and lifestyle ready-made meals. Per the company’s press release, the firm reported record revenue with its financial results for its second quarter ended April 30, 2022.

With products that are Whole30 and Paleo approved, the company offers a rotating menu inspired by professional chefs. Product sales for the first quarter ended April 30, 2022 increased 127% to $743,263, as compared to revenues of $328,024 for the same period in 2021. The company attributed the increase to the integration of the Model Meals brand, continued product sales of celebrity chefs Cat Cora, Daina Falk, and first quarter launch of Claudia Sandoval and Richard Blais.  

Shares were trading at $0.41 in morning trade.


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