Blumetric Environmental Inc - Mining Stock Analysis & Updates
Latest News and Market Performance for Blumetric Environmental Inc
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BluMetric to Present at the Planet MicroCap Showcase: VEGAS in partnership with MicroCapClub on Wednesday, April 23, 2025
BluMetric Environmental Inc. will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, at 2 PM PT. CEO Scott MacFabe will host the presentation and answer questions. Registration for 1x1 investor meetings is available for attendees.
BluMetric Announces Potable Water and Wastewater Contract for Bahamian Island Resort
BluMetric Environmental Inc. has secured a CA$3.3 million contract to supply a Sea Water Reverse Osmosis and Membrane Bioreactor system for a Bahamian resort, addressing the growing demand for water infrastructure in the Caribbean amid rising tourism and development.
BluMetric Announces Q1 2025 Consolidated Financial Results
BluMetric Environmental Inc. reported strong Q1 2025 financial results with revenue of $14 million, up from $8.5 million in 2023, and net earnings of $0.4 million. Gross margin decreased to 33%. The company aims to sustain growth through integration and business development.
BluMetric Announces Wastewater Treatment System for Caribbean Private Island Development and New Lease to Expand U.S. Manufacturing
BluMetric Environmental Inc. has secured a CA$1.2 million contract for an MBR wastewater treatment system for a private island in the Bahamas, following a previous SWRO system contract. They also leased a larger manufacturing facility in Florida to enhance production capacity.
BluMetric Announces Appointment of Mohsen Mortada to Board of Directors and Strategic Hires
BluMetric Environmental Inc. announces the appointment of Mohsen Mortada to its Board of Directors, effective February 1, 2025. Mortada, an expert in water utility management, will enhance BluMetric's mission in sustainable water solutions. Additionally, two new hires will support the WaterTech division's growth.
BluMetric Announces Fiscal Year 2024 Results
BluMetric Environmental Inc. reported its financial results for Q4 and fiscal year 2024, noting a revenue slight decline to $34.8 million. The acquisition of Gemini Water LLC affected balance sheets, but income effects will show in Q1 2025. Net earnings fell to $0.1 million.
BluMetric Announces Closing of Oversubscribed Offering and Concurrent Private Placement
BluMetric Environmental Inc. has successfully closed an oversubscribed brokered private placement and a concurrent non-brokered placement, raising $4 million to strengthen its balance sheet and support long-term growth. This marks the company's first equity raise in over a decade.
BluMetric Announces LIFE Offering & Concurrent Private Placement
BluMetric Environmental Inc. has entered an agreement with Clarus Securities Inc., which will act as lead agent in a private placement to issue up to 4,375,000 common shares at $0.80 per share for gross proceeds of up to $3.5 million. This offering is applicable to purchasers in all Canadian provinces except Quebec, under the Listed Issuer Financing Exemption. The Agent will receive a 6% cash commission from the gross proceeds and broker warrants equal to 6% of the issued shares.
BluMetric Announces Cleantech Water Contract with Tier 1 Cruise Line
BluMetric Environmental Inc., an environmental consulting and engineering firm, will supply a Sea Water Reverse Osmosis (SWRO) system to a Tier 1 Cruise Line on a remote Caribbean island in the Bahamas. The contract, worth around CA$1.1 million, will replace an existing SWRO system and produce 80,000 gallons of potable water per day. The project will be carried out by Gemini Water, a recent acquisition of BluMetric, and is expected to be completed in 2025. Given the market demand for its water systems, BluMetric is considering expanding its Florida-based operations to roughly double its manufacturing capacity.
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Blumetric Environmental Inc Presentation Update - 2025-04-25 - Minimal Updates to...
Minor, non-material updates to Blumetric Environmental Inc's report; core financial and operational data remain unchanged, affirming stability.
