Ottawa-based Clearford Water Systems had second-quarter revenues of $86,378, the company reported Friday, compared with $207,228 in the same quarter last year.
The water management and sanitation system provider reported an operating loss before financing costs of $977,238, up from $780,254 for the second quarter of 2013.
Clearford (TSXV: CLI) had financing costs of $301,167, resulting in a net loss of $1,261,533 for the quarter, or two cents per share.
OBJ360 (Sponsored)
Ottawa Jazz Festival’s location is key to its success – and to revitalizing the downtown core
This year marks the 45th anniversary of the Ottawa Jazz Festival, one of the city’s premier live music events and Canada’s second oldest jazz festival. Despite the ever-changing (and expanding)
Touchdowns & Team Building: Why Ottawa’s Top Companies Are Hosting Events with the REDBLACKS
With a renewed roster and sold-out premium spaces in back-to-back seasons, the REDBLACKS are doubling down on game day experiences that aren’t just for die-hard fans, they’re for forward-thinking businesses
Clearford president and CEO Kevin Loiselle said he expects his company to be a major supplier of cost-effective and sustainable water and waste water systems for Canadian and international customers.
“The response to the Clearford Onesystem, particularly in Colombia, India and Ontario, continues to be very encouraging,” Mr. Loiselle said in a statement.
