Bazis Group Reports Q1 2023 Revenue of $3.54 bln, Up 6.6%.

Bazis, a leading real estate technology company, announced its financial results for Q4 2022 and FY 2022. For Q4 2022, revenue increased by 22% YoY to $2.2 million, and the company posted a net loss of $13.8 million. For FY 2022, revenue increased by 83% YoY to $8.4 million, and the company posted a net loss of $44.2 million. The company attributed the growth in revenue to an increase in sales and marketing expenses.