BluMetric Environmental Inc : BluMetric Welcomes Ian Macdonald to Board of Directors finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
BluMetric Environmental Inc.: 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, revenue in the fourth quarter was $10.4 million compared to $6.6 million for the same period in the previous year. Earnings before provision for income tax were $1.2 million, the highest in the Company s history, compared to $479,000 for the same period in the previous year.