See more : NOV Inc. (NOV) Income Statement Analysis – Financial Results
Complete financial analysis of H2O Innovation Inc. (HEOFF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of H2O Innovation Inc., a leading company in the Regulated Water industry within the Utilities sector.
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H2O Innovation Inc. (HEOFF)
About H2O Innovation Inc.
H2O Innovation Inc. designs and provides integrated water treatment solutions based on membrane filtration technology. It operates through three segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The company offers membrane filtration technology for municipal, industrial, energy, and natural resources end-users; and aftersales services, as well as digital solutions to monitor and optimize water treatment plants. Its products include the FiberFlex open-source technologies for water treatment systems; and the flexMBR for wastewater treatment systems. The company also offers specialty chemicals, consumables, and specialized products for the water industry, including reverse osmosis (RO) membrane chemicals, such as antiscalants, flocculants, biocides, and cleaning chemicals; corrosion resistant equipment for desalination plants; flexible grooved-end couplings, fiberglass reinforced polyester (FRP) cartridge filter housings, self-cleaning disc and screen filters, bag filters, cartridges, and strainers; and maple equipment and products. In addition, it operates, maintains, and repairs water and wastewater treatment systems, distribution equipment, and associated assets. The company was founded in 2000 and is headquartered in Quebec City, Canada.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 253.32M | 184.36M | 144.32M | 133.60M | 117.96M | 99.67M | 82.76M | 50.67M | 48.70M | 34.83M | 36.14M | 35.91M | 28.80M | 27.73M | 31.22M | 10.81M | 7.05M | 3.62M | 2.87M | 3.40M | 4.88M | 3.39M | 3.97M | 0.00 | 0.00 |
| Cost of Revenue | 189.56M | 134.75M | 104.38M | 97.69M | 90.84M | 77.56M | 63.61M | 35.13M | 35.13M | 25.58M | 26.89M | 27.63M | 20.23M | 20.72M | 23.79M | 8.14M | 6.28M | 2.82M | 2.39M | 2.68M | 3.63M | 2.54M | 3.23M | 0.00 | 0.00 |
| Gross Profit | 63.76M | 49.61M | 39.95M | 35.91M | 27.12M | 22.11M | 19.16M | 15.54M | 13.57M | 9.25M | 9.25M | 8.28M | 8.57M | 7.01M | 7.42M | 2.68M | 766.35K | 798.11K | 476.21K | 723.41K | 1.25M | 847.70K | 746.48K | 0.00 | 0.00 |
| Gross Profit Ratio | 25.17% | 26.91% | 27.68% | 26.88% | 22.99% | 22.18% | 23.15% | 30.68% | 27.86% | 26.56% | 25.60% | 23.04% | 29.75% | 25.27% | 23.78% | 24.76% | 10.87% | 22.03% | 16.61% | 21.28% | 25.59% | 25.01% | 18.79% | 0.00% | 0.00% |
| Research & Development | 131.00K | 155.00K | 123.00K | 129.00K | 289.00K | 8.69K | 152.95K | 198.00K | 265.82K | 220.15K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 95.19K | 114.88K | 130.83K | 129.45K | 361.85K | 196.63K | 161.01K | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 25.49M | 14.40M | 12.68M | 6.51M | 9.17M | 4.81M | 4.78M | 4.10M | 3.53M | 4.85M | 8.71M | 9.23M | 6.89M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.46M | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 9.35M | 7.74M | 8.07M | 7.17M | 6.34M | 4.54M | 4.04M | 3.51M | 3.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 866.97K | 0.00 | 0.00 |
| SG&A | 44.21M | 33.38M | 25.49M | 23.75M | 20.43M | 14.58M | 16.33M | 11.15M | 9.32M | 8.14M | 7.04M | 8.76M | 8.71M | 9.23M | 6.89M | 5.66M | 3.09M | 1.57M | 1.16M | 1.83M | 1.87M | 1.86M | 2.33M | 416.43K | 373.30K |
| Other Expenses | -144.00K | 124.00K | 117.00K | 46.00K | 6.00K | -107.47K | 38.32K | 28.56K | 39.35K | 48.18K | 16.06K | 20.59K | 173.73K | -634.42K | 379.29K | -78.22K | 44.77K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 56.45M | 42.11M | 32.82M | 30.95M | 25.75M | 22.55M | 22.95M | 14.42M | 11.84M | 10.47M | 8.74M | 9.68M | 10.02M | 10.78M | 8.20M | 6.27M | 3.64M | 1.78M | 1.60M | 4.44M | 3.66M | 2.68M | 2.71M | 395.92K | 424.88K |
| Cost & Expenses | 246.02M | 176.86M | 137.20M | 128.64M | 116.59M | 100.11M | 86.55M | 49.54M | 46.97M | 36.05M | 35.62M | 37.31M | 30.25M | 31.50M | 32.00M | 14.41M | 9.92M | 4.60M | 3.99M | 7.12M | 7.29M | 5.22M | 5.93M | 395.92K | 424.88K |
| Interest Income | 40.00K | 33.00K | 41.00K | 47.00K | 48.00K | 40.83K | 42.34K | 14.41K | 4.89K | 14.21K | 16.08K | 24.05K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 5.79M | 2.39M | 2.38M | 2.08M | 2.12M | 1.31M | 1.34M | 768.39K | 628.13K | 585.88K | 758.81K | 932.22K | 870.49K | 983.71K | 446.75K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 12.24M | 9.23M | 7.33M | 7.20M | 5.33M | 3.95M | 4.55M | 1.63M | 1.22M | 1.24M | 1.00M | 920.58K | 1.37M | 1.68M | 1.47M | 537.99K | 398.13K | 351.40K | 299.42K | 289.32K | 1.21M | 709.78K | 203.30K | 0.00 | 0.00 |
| EBITDA | 19.44M | 16.89M | 14.79M | 12.42M | 6.75M | 3.44M | 836.23K | 2.80M | 3.00M | 90.57K | 1.55M | -757.49K | 90.79K | -2.70M | 1.12M | -2.68M | -2.19M | -631.40K | -821.82K | -3.43M | -1.20M | -1.12M | -1.76M | -395.92K | -424.88K |
| EBITDA Ratio | 7.67% | 9.16% | 10.25% | 9.30% | 5.72% | 3.46% | 1.01% | 5.52% | 6.15% | 0.26% | 4.29% | -2.11% | 0.32% | -9.74% | 3.57% | -24.80% | -31.11% | -17.43% | -28.67% | -100.88% | -24.60% | -33.15% | -44.18% | 0.00% | 0.00% |
| Operating Income | 5.20M | 3.85M | 4.62M | -2.68M | 313.00K | -1.04M | -3.42M | 1.64M | 1.32M | -1.19M | 474.21K | -9.35M | -1.63M | -10.59M | -842.63K | -3.97M | -3.16M | -982.80K | -1.12M | -3.72M | -2.41M | -1.83M | -1.96M | -395.92K | -424.88K |
| Operating Income Ratio | 2.05% | 2.09% | 3.20% | -2.00% | 0.27% | -1.04% | -4.13% | 3.24% | 2.71% | -3.41% | 1.31% | -26.04% | -5.65% | -38.18% | -2.70% | -36.70% | -44.77% | -27.13% | -39.11% | -109.39% | -49.49% | -54.08% | -49.38% | 0.00% | 0.00% |
| Total Other Income/Expenses | -7.70M | -6.14M | -2.42M | -9.55M | -3.22M | -1.26M | -2.03M | -272.66K | -1.07M | -571.68K | -328.55K | -1.21M | -526.49K | -1.58M | 45.37K | -452.86K | -237.65K | 362.90K | 175.13K | -1.76M | -995.17K | 45.44K | -3.21K | 0.00 | 0.00 |
| Income Before Tax | -546.00K | 1.49M | 4.82M | -4.55M | -1.76M | -2.30M | -5.79M | 888.26K | 698.27K | -1.76M | 145.66K | -10.56M | -2.15M | -12.17M | -797.26K | -4.42M | -3.39M | -619.89K | -946.11K | -5.48M | -3.41M | -1.79M | -1.96M | 0.00 | 0.00 |
| Income Before Tax Ratio | -0.22% | 0.81% | 3.34% | -3.40% | -1.49% | -2.31% | -6.99% | 1.75% | 1.43% | -5.05% | 0.40% | -29.41% | -7.48% | -43.88% | -2.55% | -40.89% | -48.14% | -17.11% | -33.00% | -161.31% | -69.90% | -52.74% | -49.46% | 0.00% | 0.00% |
| Income Tax Expense | 750.00K | -3.62M | 1.70M | -319.00K | 422.00K | 1.15M | -654.35K | 678.06K | 425.85K | -302.77K | -167.34K | -2.51M | -536.02K | -2.17M | -796.75K | -38.40K | 60.12K | 583.07K | 358.26K | -1.63M | -791.15K | -24.56K | 1.19M | 432.95K | 1.40M |
| Net Income | -1.30M | 5.11M | 3.12M | -4.23M | -2.18M | -3.45M | -5.13M | 210.20K | 272.43K | -1.46M | 312.99K | -8.05M | -1.62M | -10.00M | -65.15K | -3.63M | -2.89M | -1.20M | -1.30M | -3.85M | -2.62M | -1.76M | -3.15M | -432.95K | -1.40M |
| Net Income Ratio | -0.51% | 2.77% | 2.16% | -3.16% | -1.85% | -3.46% | -6.20% | 0.41% | 0.56% | -4.18% | 0.87% | -22.43% | -5.61% | -36.06% | -0.21% | -33.61% | -40.98% | -33.21% | -45.50% | -113.22% | -53.67% | -52.02% | -79.29% | 0.00% | 0.00% |
| EPS | -0.01 | 0.06 | 0.04 | -0.06 | -0.04 | -0.09 | -0.13 | 0.01 | 0.01 | -0.08 | 0.03 | -0.67 | -0.13 | -0.91 | -0.01 | -0.50 | -0.59 | -0.56 | -0.93 | -3.67 | -3.02 | -2.59 | -6.33 | -1.00 | -5.00 |
| EPS Diluted | -0.01 | 0.05 | 0.03 | -0.06 | -0.04 | -0.09 | -0.13 | 0.01 | 0.01 | -0.08 | 0.03 | -0.67 | -0.13 | -0.91 | -0.01 | -0.50 | -0.59 | -0.56 | -0.93 | -3.67 | -3.02 | -2.59 | -6.33 | -1.00 | -5.00 |
| Weighted Avg Shares Out | 90.01M | 93.90M | 91.23M | 69.02M | 49.29M | 40.14M | 38.67M | 20.93M | 20.93M | 17.43M | 12.03M | 12.03M | 12.03M | 11.03M | 9.54M | 7.26M | 4.94M | 2.15M | 1.40M | 1.05M | 865.32K | 680.13K | 497.83K | 432.95K | 280.91K |
| Weighted Avg Shares Out (Dil) | 90.01M | 93.90M | 91.23M | 69.02M | 49.29M | 40.14M | 38.67M | 20.93M | 20.93M | 17.43M | 12.03M | 12.03M | 12.03M | 11.03M | 9.54M | 7.26M | 4.94M | 2.15M | 1.40M | 1.05M | 865.32K | 680.13K | 497.83K | 432.95K | 280.91K |
H2O Innovation Signs a New Operation and Maintenance Contract Worth $10.4 M
All amounts in Canadian dollars unless otherwise stated.
H2O Innovation Partners Up With the Musée de la Civilisation de Québec to Present the Oh shit! Exhibition
QUEBEC CITY, June 16, 2021 (GLOBE NEWSWIRE) -- (TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce its participation as the main sponsor to the Oh shit! exhibition at the Musée de la Civilisation...
H2O Innovation - A Solid Stock Pick With The Right Ingredients
H2O Innovation continues to focus on growing its recurring revenues - such revenues have increased from 70% in FY2018 to 87% in LTM 2021. H2O Innovation has a solid track record of completing strategic and accretive acquisitions – the company...
H2O Innovation's (HEOFF) CEO Frederic Dugre on Q3 2021 Results - Earnings Call Transcript
H2O Innovation's (HEOFF) CEO Frederic Dugre on Q3 2021 Results - Earnings Call Transcript
ERRATUM - H2O Innovation Wins Two New Projects and Renews Four Operation and Maintenance Contracts
QUEBEC CITY, May 10, 2021 (GLOBE NEWSWIRE) -- (TSXV: HEO) – Please note that a rate conversion error has crept into the press release issued earlier this morning. H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce...
H2O Innovation Increases its Presence in Latin America and its North American Focus on Water Reuse
QUEBEC CITY, May 03, 2021 (GLOBE NEWSWIRE) -- (TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce its continued expansion in (“LATAM”), and increased efforts in the North American water reuse market, executing on...
H2O Innovation Increases its Ham-Nord (Quebec) Manufacturing Capacity by 40%
QUEBEC CITY, April 19, 2021 (GLOBE NEWSWIRE) -- (TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce the expansion of its manufacturing plant in Ham-Nord (Quebec) to respond to the sustained growth of its...
H2O Innovation: A Growth Company In A Resilient Industry
H2O Innovation's profit margins have grown from a year ago across all three business lines.
H2O Innovation Builds Momentum, Signing $3.2 M in New Industrial and Wastewater Contracts
QUEBEC CITY, Jan. 18, 2021 (GLOBE NEWSWIRE) -- (TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce it was awarded the engineering contract on a capital equipment project for the largest electric vehicle manufacturer...
Source: https://incomestatements.info
Category: Stock Reports