Ottawa-based BluMetric’s steady 2015 first-quarter results are beginning to show why the clean-tech company was formed in a reverse takeover three years ago, according to CEO Roger Woeller.
BluMetric posted revenue of $7.8 million for the three months ending Dec. 31, up $200,000 from the same period last year.
Gross margins improved from 21 per cent to 22 per cent and net income rose to $114,000 from $18,000 in the same quarter of 2014.
(Sponsored)
Local businesses face hiring obstacles due to immigration pullback, flawed screening
In his 39 years of practicing immigration law, Warren Creates (a rare Law Society Certified Specialist) has never seen an environment so challenging for employers looking to hire workers from
Local businesses face hiring obstacles due to immigration pullback, flawed screening
In his 39 years of practicing immigration law, Warren Creates (a rare Law Society Certified Specialist) has never seen an environment so challenging for employers looking to hire workers from
The company’s sales, general and administrative expenses dropped slightly as well, down from $1.5 million to $1.4 million.
“The steady and reliable performance of the Professional Services group combined with better results from the Water Systems group will provide a base for improvement and growth,” Mr. Woeller said in a statement. “Ongoing focus on supporting our higher-margin opportunities will continue this trend.”
