BluMetric Announces Q1 2022 Financial Results
Ottawa, Ontario--(Newsfile Corp. - February 24, 2022) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, is pleased to announce its financial results for the first quarter ended December 31, 2021. Highlights Revenue for the quarter ended December 31, 2021 was $7.8 million compared to $8.2 million for the quarter ended December 31, 2020. Gross margin decreased slightly to 26% for the quarter, compared to 27% for the same quarter...
2022-02-24 6:42 PM EST
BluMetric Ends 2021 Fiscal Year With Record Revenue and Earnings
Ottawa, Ontario--(Newsfile Corp. - January 31, 2022) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, is pleased to announce its financial results for the quarter and year ended September 30, 2021. Strong financial performance through successive quarters saw BluMetric end fiscal 2021 with revenue 24% higher than the previous year and net earnings reaching $3.7 million, both records for the Company to date. BluMetric continued...
2022-01-31 6:56 AM EST
BluMetric Proprietary Cleantech Brings Potable Water to Iqaluit Residents
Ottawa, Ontario--(Newsfile Corp. - December 21, 2021) - BluMetric Environmental Inc. (TSXV: BLM) is committed to providing clean drinking water in emergency situations. On October 12, 2021, Iqaluit declared a state of emergency due to its contaminated water supply. The Canadian Armed Forces (CAF) responded on October 23, 2021, by deploying mobile water purification units that were designed and built by BluMetric. These units were successful in providing potable water to local residents....
2021-12-21 9:44 PM EST
BluMetric Announces Strong Financial Results for Q3 2021
Ottawa, Ontario--(Newsfile Corp. - August 26, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, is pleased to announce its financial results for the third quarter ended June 30, 2021. The Company's financial and operational performance resulted in revenue and operating profit numbers exceeding those generated in the third quarter of 2020 and a strong cash position moving into the last quarter of 2021. "Our team at...
2021-08-26 6:01 PM EDT
BluMetric Awarded Ongoing Water Remediation Contract in Collaboration with Dene First Nation Partner
Ottawa, Ontario--(Newsfile Corp. - June 3, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, today announced that it has been awarded a contract, through a competitive bid process, for the operation and maintenance of an Effluent Treatment Plant at Giant Mine in Yellowknife, Northwest Territories. The contract is worth an aggregate of $3.5 million and will be delivered over a two year term in partnership with Det'on Cho...
2021-06-03 5:12 PM EDT
BluMetric Announces Strong Q2 2021 Financial Results
Ottawa, Ontario--(Newsfile Corp. - May 27, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, is pleased to announce its financial results for the second quarter ended March 31, 2021. Both revenue and gross profit were significantly higher than in the second quarter of 2020. "We're continuing the strong financial performance momentum we built over the preceding quarters, and I'm very proud of our entire team for these...
2021-05-27 5:37 PM EDT
BluMetric Announces the Election of its Board of Directors
Ottawa, Ontario--(Newsfile Corp. - March 24, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering (cleantech) firm, announces the election of its board of directors at its fiscal 2020 annual general meeting held on March 24, 2021. The following five individuals were re-elected to BluMetric's Board: Geoff Simonett, Jeffrey W. Talley, Ian Murray Macdonald, Ian Mor Macdonald, and Scott MacFabe. Pursuant to the Company's Board compensation...
2021-03-24 5:08 PM EDT
BluMetric Chosen to Compete in UK Water Innovations Competition on World Water Day
Ottawa, Ontario--(Newsfile Corp. - March 17, 2021) - BluMetric Environmental Inc. (TSXV: BLM) is set to virtually take the stage in the UK for World Water Day on March 22, 2021. The Company is one of only eight Ontario firms selected to pitch its clean water innovations to UK-based water and wastewater utilities and stakeholders in a "Dragon's Den" style event. The Future Water Association, a UK trade organization, is hosting the virtual Water Dragons event. The Future Water Association has...
2021-03-17 5:05 PM EDT
BluMetric Announces Q1 2021 Financial Results
Ottawa, Ontario--(Newsfile Corp. - February 25, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, is pleased to announce its financial results for the first quarter ended December 31, 2020. "We ended fiscal 2020 on a very positive note, and we're continuing that strong momentum into 2021, with revenue, gross profit and net cash flow from operations up significantly compared to the same quarter in fiscal year 2020," says...
2021-02-25 6:06 PM EST
BluMetric Welcomes Ian Macdonald to Board of Directors
Ottawa, Ontario--(Newsfile Corp. - February 16, 2021) - BluMetric Environmental Inc. (TSXV: BLM) is pleased to welcome Mr. Ian Mor Macdonald, CA/CPA, M.B.A. to its Board of Directors. Mr. Macdonald is a Founder and Managing Director of Tricapital Solutions Inc., a boutique merchant bank and consultancy firm providing strategic business development and capital markets advice to mid-sized private and public companies. Mr. Macdonald and Tricapital have raised over $500 million in capital for...
2021-02-16 6:26 PM EST
BluMetric Announces Fourth Quarter and Fiscal Year 2020 Results
Ottawa, Ontario--(Newsfile Corp. - January 27, 2021) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, is pleased to announce its financial results for the quarter and year ended September 30, 2020. Despite the uncertainty and disruption caused by COVID-19 and a difficult second quarter, BluMetric had a strong second half of 2020, recording revenue of $28.6 million and net earnings of $471,000 for the year. Most notably,...
2021-01-27 10:11 PM EST
BluMetric Completes COVID-19 Preparedness Contract in Nunavut for Department of Education
Ottawa, Ontario--(Newsfile Corp. - October 7, 2020) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, completed an important project to support health and safety for students, educators and child care workers in Nunavut. BluMetric's industrial hygiene and occupational health and safety experts delivered training, technical support and logistical support for 45 schools and 58 child care facilities under the jurisdiction of...
2020-10-07 5:13 PM EDT
BluMetric Announces Financial Results for Q3 FY2020
Ottawa, Ontario--(Newsfile Corp. - August 31, 2020) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or the "Company") , a full-service environmental consulting and engineering cleantech firm, today announced its financial results for the quarter ended June 30, 2020, recording revenue of $6.9 million and net earnings of $673,000. BluMetric's third quarter was better than expected, despite uncertainty and disruption caused by the COVID-19 pandemic. The Company experienced a notable...
2020-08-31 5:33 PM EDT
BluMetric Announces Financial Results for Q2 FY2020
Ottawa, Ontario--(Newsfile Corp. - July 15, 2020) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, today announced its financial results for the quarter ended March 31, 2020, recording revenue of $5.0 million and a net loss of $2.3 million. The net loss includes a non-cash impairment of goodwill of $1.6 million, which was required due to the decline in the Company's market capitalization resulting from the economic impacts of...
2020-07-15 6:57 PM EDT
BluMetric Announces Significant Water Remediation Contract in Collaboration with Key Indigenous Partner
Ottawa, Ontario--(Newsfile Corp. - June 29, 2020) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm today announced that it has been awarded a $1.6 million contract over five months for the operation and maintenance of an Effluent Treatment Plant (ETP) at Giant Mine in Yellowknife, Northwest Territories, in collaboration with Det'on Cho Management LP (Det'on Cho), the economic development arm of the Yellowknives Dene First...
2020-06-29 8:33 PM EDT
BluMetric Provides Update on Release of Q2 FY2020 Financial Results
Ottawa, Ontario--(Newsfile Corp. - June 26, 2020) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, today announced that it intends to file its interim financial statements and related management's discussion and analysis for the period ended March 31, 2020 on or before July 15, 2020. The update is provided further to a press release dated May 28, 2020 in which the Company indicated that it was employing temporary exemptions...
2020-06-26 6:49 PM EDT
BluMetric Delays Q2 FY2020 Interim Financial Report in Accordance with Temporary Regulatory Filing Relief
Ottawa, Ontario--(Newsfile Corp. - May 28, 2020) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, today announced that due to operational delays and adjustments required as a result of the COVID-19 pandemic, the Company will employ temporary exemptions provided to it by the Ontario Securities Commission (OSC) to postpone the filing of continuous disclosure requirements for the second quarter ended March 31, 2020. The OSC...
2020-05-28 6:22 PM EDT
BluMetric Announces Appointment of New Director, New Board Chair and Stock Option Grants
Ottawa, Ontario--(Newsfile Corp. - March 26, 2020) - BluMetric Environmental Inc. (TSXV: BLM) announces that Jane Pagel, Geoff Simonett, Jeffrey W. Talley, Scott MacFabe and Ian Macdonald were elected to BluMetric's Board of Directors at its fiscal 2019 Annual General Meeting of Shareholders held on 25 March 2020. Ian Macdonald is a new director and is subject to TSX Venture approval. Mr. Ian Macdonald, M.Sc., P.Geo., EP (CEA) is a professional geoscientist and certified environmental...
2020-03-26 5:01 PM EDT
BluMetric Announces Changes to Its Annual Meeting of Shareholders Conference Call Details and an Amended Notice of Meeting Changing Location
Ottawa, Ontario--(Newsfile Corp. - March 19, 2020) - BluMetric Environmental Inc., (TSXV: BLM) ("BluMetric" or the "Corporation") announced today that due to the evolving concerns associated with the coronavirus disease, also known as COVID-19, BluMetric has organized a conference call (details below) whereby shareholders and interested stakeholders can listen to its Annual Meeting of Shareholders, scheduled for March 25, 2020 at 1 pm. This not a virtual meeting and as such shareholders...
2020-03-19 7:19 PM EDT
BluMetric Announces Financial Results for Q1 FY2020
Ottawa, Ontario--(Newsfile Corp. - March 2, 2020) - BluMetric Environmental Inc. (TSXV: BLM), a full-service environmental consulting and engineering cleantech firm, today announced its financial results for the three months ended December 31, 2019, recording revenue of $6.3 million and net earnings of $844,000, which included a gain on sale of the Company's Ottawa office building of $948,000. "During the quarter, we continued to see the positive effects of our efforts to enhance sector and...
2020-03-02 5:27 PM EST