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H2O INNOVATION (OTCMKTS: HEOFF) STOCK QUOTE

Last Trade: US$3.12
Volume: 0
5-Day Change: -0.16%
YTD Change: 79.32%
Market Cap: US$280.840M

LATEST NEWS FROM H2O INNOVATION

QUÉBEC CITY / Dec 08, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces the completion of the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP (“Ember”), a New York-based private equity firm, of all of the issued and outstanding common shares in the capital... Read More
QUÉBEC CITY / Dec 04, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that the Superior Court of Québec issued on December 1, 2023 a final order in connection with the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm,... Read More
QUÉBEC CITY / Nov 28, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that its shareholders (the “Shareholders”) have approved the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, of all of the issued and outstanding... Read More
QUEBEC CITY / Nov 27, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Maple business line has launched a brand-new transactional website through which producers can now purchase maple syrup equipment. The development of a new transactional website will enable H 2 O Innovation to further showcase its comprehensive line of equipment and... Read More
Leading independent proxy advisor says cash offer provides “meaningful 69.3 percent premium” Act Now. Vote Today. Deadline is 10 a.m. (Montreal time) on Friday, November 24, 2023. Need help voting or have questions? Call Kingsdale Advisors on 1-866-581-1489 (toll free), text 1-416-623-2516, email contactus@kingsdaleadvisors.com or visit www.H2OVote.com All amounts are in Canadian dollars. QUÉBEC CITY / Nov 20, 2023 /... Read More
Key financial highlights (All comparisons are relative to the three-month period ended September 30, 2022, unless otherwise stated) Revenue growth of 5.7% reaching $59.3 M from $56.1 M ; Recurring revenues by nature 1 of 89.1% ; Gross profit margin of 25.5% , compared to 24.1% ; Adjusted EBITDA 1 of $4.5 M , compared to $5.0 M ; Net loss of $0.4 M, compared to breakeven net earnings; and Consolidated backlog 1 of $249.8 M up... Read More
All amounts are in Canadian dollars unless otherwise stated. QUÉBEC CITY / Nov 13, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that it is relocating its Cypress and Spring Operation & Maintenance (O&M) offices into a single and larger industrial facility to better serve its clients and expand its market presence in the Houston area. Since H 2 O... Read More
QUÉBEC CITY / Nov 03, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces the expiration of the 30-day “go-shop” period provided for in the arrangement agreement dated October 3, 2023 (the “Arrangement Agreement”) entered into in connection with the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed... Read More
QUEBEC CITY / Oct 31, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the first quarter of fiscal year 2024 on Tuesday, November 14, 2023, at approximately 8:00 a.m. (EST). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EST). Financial analysts and investors are invited to attend... Read More
All amounts are in Canadian dollars QUÉBEC CITY / Oct 30, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) announces that the Superior Court of Québec (the “Court”) issued on October 27, 2023 an interim order (the “Interim Order”) in connection with the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by... Read More
QUÉBEC CITY / Oct 20, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) has announced the meeting and record dates for the special meeting of shareholders (the “Acquisition Meeting”) to be held in connection with the acquisition by Ember SPV I Purchaser Inc., an entity controlled by funds managed by Ember Infrastructure Management, LP, a New York-based private equity firm, of... Read More
All amounts are in Canadian dollars QUÉBEC CITY / Oct 03, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP (“Ember”), a New York-based private equity... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY / Sep 27, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Operation & Maintenance (O&M) business line obtained three new contracts and secured four renewals of existing contracts, while its Water Technologies & Services (WTS) business line was recently awarded five new... Read More
Key Financial Highlights (All comparisons are relative to the year ended June 30, 2022, unless otherwise stated) Revenue growth of 37.4% reaching $253.3 M from $184.4 M ; Organic revenue growth 1 of 20.1%, compared to 17.7%, with recurring revenues by nature 1 of 88.5 %; Adjusted EBITDA 1 of $21.4 M , compared to $18.1 M ; Net loss of $1.3 M, compared to net earnings of $5.1 M which were positively impacted by a deferred tax... Read More
QUEBEC CITY / Sep 19, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is providing an update on its Maple business line given challenging market conditions during the fiscal fourth quarter 2023. The Corporation is pursuing its strategy to diversify and expand its Maple business line within the agri-food market. Three years ago, the Corporation released its three-year... Read More
QUEBEC CITY / Sep 13, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the fourth quarter and full fiscal year ended on June 30, 2023 on Wednesday, September 27, 2023, at approximately 8:00 a.m. (EDT). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EDT). Financial analysts and... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY / Sep 06, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business line was recently awarded four new contracts, including two industrial and two municipal projects. These new contracts, driven by the increasing demand for water... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY / Aug 23, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business was recently awarded three new water treatment projects, including drinking water, wastewater, and water reuse applications, totalling $8.5 M. These projects speak to... Read More
QUEBEC CITY / Aug 14, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that it has recently obtained the ISO 9001:2015 certification for its PWT facility located in Vista, California, ensuring quality management in all processes around its specialty chemicals manufacturing. The ISO 9001:2015 standard establishes requirements for reliable quality... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY / Aug 08, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce the successful award of two new contracts for industrial clients as well as the extension of three existing contracts for the operation and maintenance (O&M) of water and wastewater treatment systems. These projects, with a... Read More
GreenStockNews
QUEBEC CITY / Aug 01, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it has provided its support to a community in Northern Alberta by expanding their emergency drinking water supply within a few weeks only. As a result of the unprecedented wildfire season... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY / Jul 13, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to launch its mobile fleet of water and wastewater treatment systems and secure three new leasing contracts totalling $3.4 M. This new service offering will require CAPEX investment, which is made possible by the recent agreement with... Read More
All amounts are in Canadian dollars unless otherwise stated QUEBEC CITY / Jun 28, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business line was recently awarded six new water treatment projects. These new contracts, with a total value of $9.4 M, increase the WTS backlog to $62.1 M. The Corporation was... Read More
QUEBEC CITY / Jun 08, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that it has recently received two large coupling orders and that it is experiencing a breakthrough in the Israeli desalination market. These new milestones demonstrate continued momentum with the Corporation’s growth over the last year and support its efforts towards providing its... Read More
QUEBEC CITY / May 16, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that it has recently been awarded three new operation and maintenance (O&M) service contracts and has extended seven existing contracts. These projects have a total value of $5.4 M, bringing the Corporation’s O&M backlog to $147.7 M. H 2 O Innovation has been awarded a new O&M... Read More
Key Financial Highlights (All comparisons are relative to the three-month period ended March 31, 2022, unless otherwise stated) Revenue growth of 31.7% reaching $68.4 M from $51.9 M ; Organic revenue growth 1 of 17.8%, compared to 15.3%, with recurring revenues 1 by nature of 86.8%; Adjusted EBITDA 1 of $6.9 M , compared to $5.3 M ; Net earnings of $0.4 M , compared to $1.3 M ; Adjusted net earnings 1 of $2.7 M , compared to... Read More
QUEBEC CITY / Apr 27, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the third quarter of fiscal year 2023 on Thursday, May 11, 2023, at approximately 8:00 a.m. (EDT). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EDT). Financial analysts and investors are invited to attend this... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY / Apr 06, 2023 / Business Wire / (TSX: HEO) – H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business line has recently been awarded eight new water and wastewater treatment projects, including six industrial projects. These new contracts, with a total value of $8.4 M,... Read More
QUEBEC CITY, March 30, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) is proud to announce that its Operation and Maintenance (O&M) business line has received two recognition awards, which speak to the team’s continued dedicated service and great performance. For the third year in a row, the Corporation’s O&M contract with the City of Canton, GA, was honored with the... Read More
QUEBEC CITY, March 28, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) is proud to announce that it has successfully performed a cleaning-in-place for cartridge filters at a water treatment facility using its Genesys-PWT membrane cleaners. This new cleaning method could prevent water treatment facilities from disposing of millions of cartridge filters each year, thereby... Read More
QUEBEC CITY, March 02, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to sponsor a beer developed in collaboration with Fox City Brewing made with purified recycled water from Las Virgenes Municipal Water District (LVMWD). Attendees of the 2023 WateReuse Symposium will be offered the opportunity to taste the beer, which is called Revival Lager. The event will be... Read More
QUEBEC CITY, Feb. 15, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces the appointment of Mr. Leonard F. Graziano as a member of its Board of Directors, effective on February 13, 2023. Mr. Graziano has been serving on H 2 O Innovation's Strategy, Innovation and Large Projects Committee (the "Strategy Committee") as an external advisor for the last six years. From... Read More
Key financial highlights (All comparisons are relative to the three-month period ended December 31, 2021, unless otherwise stated) Revenue growth of 52.0% reaching $63.9 M from $42.0 M; Organic revenue growth of 26.8%, compared to 16.2%, with recurring revenues by nature of 90%; Adjusted EBITDA 1 reached $6.5 M, compared to $3.8 M; Net earnings amounted to $0.6 M, compared to $0.8 M; Adjusted net earnings 1 of $2.7 M,... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY, Feb. 08, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that it has recently been awarded a new operation and maintenance (O&M) service contract and has extended three existing contracts. These projects have a total value of $7.1 M, bringing the Corporation’s O&M backlog to... Read More
QUEBEC CITY, Feb. 01, 2023 (GLOBE NEWSWIRE) -- H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business line has recently been awarded five new water and wastewater treatment projects, including four industrial projects. These new contracts, with a total value of $5.5 M, increase the WTS backlog to $54.8 M. The first recent award is with a... Read More
QUEBEC CITY, Jan. 31, 2023 (GLOBE NEWSWIRE) -- (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the second quarter of fiscal year 2023 on Tuesday, February 14, 2023, at approximately 8:00 a.m. (EST). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EST). Financial analysts and investors are invited to attend... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY, Dec. 15, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that it has recently been awarded a new operation and maintenance (O&M) service contract and has extended an existing contract. Both projects are in the State of Texas and have a total value of $29.9 M, increasing the... Read More
QUEBEC CITY, Dec. 07, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) held its Annual General Meeting of Shareholders (the “Meeting”) yesterday morning. The shareholders elected or re-elected the following directors to the Corporation’s Board of Directors: Lisa Henthorne, Chairwoman of the Board of Directors, Frédéric Dugré, President and Chief Executive Officer of H 2 O... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY, Dec. 06, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) - H 2 O Innovation (“H 2 O Innovation” or the “Corporation”) has collaborated with National Bank of Canada to develop a sustainable financing solution to fund the Corporation’s continued growth in water technology manufacturing and services by structuring its first Blue Loan. In addition, the Corporation... Read More
All amounts are in Canadian dollars unless otherwise stated. QUEBEC CITY, Dec. 05, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business line has recently been awarded two new water treatment projects. These projects both include the supply of ultrafiltration (UF) technology and diversify our order... Read More
QUEBEC CITY, Nov. 23, 2022 (GLOBE NEWSWIRE) -- (TSX: HEO) – Lisa Henthorne, Chairwoman of the Board, and Frédéric Dugré, President and Chief Executive Officer, are pleased to invite the shareholders of H 2 O Innovation Inc. (“ H 2 O Innovation ” or the “ Corporation ”) and all other interested parties to attend the Annual General Meeting of the Shareholders (the “ Meeting ”), which will be held, in person, at the... Read More
Key financial highlights (All comparisons are relative to the three-month period ended September 30, 2021, unless otherwise stated) Revenue growth of 46.3% reaching $56.1 M from $38.3 M; Organic revenue growth of 25.0%, compared to 7.7%, with recurring revenues by nature of 89%; Adjusted EBITDA 1 reached $5.0 M, compared to $4.0 M; Breakeven net earnings, compared to net earnings of $0.6 M; and adjusted net earnings 1 of... Read More
GreenStockNews
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Maple business line is launching the H 2 GO TM container, a self-service store housed inside a container and accessible 24 hours a day, 7 days a week. This is the first innovation of its kind in the North American maple syrup... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the first quarter of fiscal year 2023 on Thursday, November 10, 2022, at approximately 8:00 a.m. (EST). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EST). Financial analysts and investors are invited to attend this conference call during which the 2023 first quarter... Read More
Key Financial Highlights Revenues reached $184.4 M for fiscal year 2022, representing a $40.1 M growth, or 27.7%, compared to $144.3 M for the previous fiscal year; Revenue growth in each pillar, with an organic revenue growth of 17.7% and acquisitions impact of 10.9% and a foreign exchange impact of (0.9)%; Net earnings of $5.1 M or $0.058 per share for fiscal year 2022, compared to a net earnings of $3.1 M or $0.039 per... Read More
All amounts are in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business line has recently been awarded 10 new water treatment projects. These new contracts, with a total value of $12.0 M, bring the WTS backlog to $46.0 M. The new projects are coming from four municipal customers and six... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the fourth quarter and full fiscal year ended on June 30, 2022 on Wednesday, September 28, 2022, at approximately 8:00 a.m. (EDT). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EDT). Financial analysts and investors are invited to attend this conference call during which... Read More
All amounts are in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that it has recently extended two Operation and Maintenance (O&M) contracts and has been awarded new projects in Texas. These renewals and contracts, with a total value of $18.3 M, bring the Corporation’s O&M backlog to $137.4 M. “Growth is the lifeblood of any organization, so we... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is excited to announce that its Piedmont business line is joining PWT and Genesys to create a unique H 2 O Innovation business line dedicated to specialty chemicals, consumables and components. “The consolidation of the supply of our chemicals, consumables, and components brands under one commercial team will allow us to leverage the synergies between our sales... Read More
H 2 O Innovation Inc. (TSX: HEO) (“H 2 O Innovation” or the “Corporation”) announces the resignation of one of its directors, Mr. René Vachon, and the appointment of Mr. Bertrand Lauzon as Board member. For the last three (3) years, Mr. René Vachon has served as director of the Corporation and sat on different committees of the Board of Directors. “We wish to thank Mr. Vachon for his valuable contribution and his dedication... Read More
H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) is proud to announce that the acquisition of the business carried on by Leader Evaporator Co., Inc. (“Leader”) has been concluded today. Leader has been developing, manufacturing and selling maple farming equipment and products for more than 130 years to maple syrup producers located mainly in the United States. The addition of Leader’s activities to H 2 O... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that it has recently renewed the operation, management and maintenance (“O&M”) contract with Monroe County, Georgia, USA, for an additional period of five years. This contract, valued at $3.3 M, brings the Corporation’s O&M backlog to $131.5 M. This renewal includes annual consumer price index (CPI) increases and the addition of one... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that its specialty chemicals business line has completed the first production run of its specialty powder cleaners in its newly expanded manufacturing facility based in Cheshire, United Kingdom. Additionally, Genesys-PWT has secured new business in the last few months with various mining sites in North America. The first production run... Read More
All amounts are in Canadian dollars unless otherwise stated. (TSX: HEO) – H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies & Services (WTS) business line has recently been awarded three new water and wastewater treatment projects. These new contracts, with a total value of $7.9 M, bring the WTS backlog to $40.4 M. The first project awarded to the Corporation... Read More
Key financial highlights Revenue growth of 32.6%, reaching $51.9 M for Q3-FY2022 from $39.2 M for Q3-FY2021, driven by organic revenue growth of $6.0 M, or 15.3%, and acquisition growth of $6.7 M, or 17.3%; Adjusted EBITDA 1 reached $5.3 M, or 10.3% of revenues, for Q3-FY2022, compared to $4.5 M, or 11.5% of revenues, for Q3-FY2021; and Adjusted net earnings 1 amounted to $3.4 M or $0.038 per share for Q3-FY2022 compared to... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the third quarter of fiscal year 2022 on Thursday, May 12, 2022, at approximately 8:00 a.m. (EDT). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EDT). Financial analysts and investors are invited to attend this conference call during which the 2022 third quarter results... Read More
H 2 O Innovation Inc. (TSX: HEO) (“H 2 O Innovation” or the “Corporation”) is proud to announce that a binding letter of intent has been entered into with respect to the acquisition of the business carried on by Leader Evaporator Co., Inc. (“Leader”). Leader has been selling maple farming equipment and products for more than 130 years to maple syrup producers located mainly in the United States. The brand is positioned as... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that it has recently renewed the contract with its largest operation and maintenance (“O&M”) customer, the City of Gulfport, Mississippi. This renewal, valued at $13.9 M/year, includes a scope expansion for solid waste collection and fleet management as well as annual consumer price... Read More
GreenStockNews
H 2 O Innovation Inc. (TSX: HEO) (“H 2 O Innovation” or the “Corporation”) is proud to announce that its specialty chemical business line is doubling the footprint at their Cheshire, UK facility to keep up with demand from the market. The grand opening ceremony for this new reverse osmosis (“RO”) cleaner production plant took... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that its common shares (the “Common Shares”) will commence trading on the Toronto Stock Exchange (the “TSX”), under symbol HEO, on March 22, 2022. Common Shares will be delisted from the TSX Venture Exchange at the commencement of trading on the TSX. Stock Option Plan In connection with the listing of its common shares on the TSX, the... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (TSXV: HEO) (“H 2 O Innovation” or the “Corporation”) is pleased to announce that its Piedmont business line, a global leader in corrosion resistant equipment for desalination plants in the industrial and municipal markets, has secured 13 new orders for fiber glass reinforced (“FRP”) cartridge filter housings, stainless steel duplex couplings, and... Read More
Key Financial Highlights Revenue growth of 20.1% reaching $42.0 M for Q2-FY2022 from $35.0 M for Q2-FY2021; Adjusted EBITDA 1 reached $3.8 M, or 9.0% of revenues, for Q2-FY2022, compared to $3.6 M, or 10.2% of revenues, for Q2-FY2021; Net earnings amounted to $0.8 M or $0.009 per share for Q2-FY2022 compared to net earnings of $0.3 M or $0.003 per share for Q2-FY2021; and Acquisition of all the issued and outstanding shares... Read More
H 2 O Innovation Inc. (TSXV: HEO) (“H 2 O Innovation” or the “Corporation”) is proud to announce that its common shares (the “Common Shares”) should commence trading on the Toronto Stock Exchange (the “TSX”), under symbol HEO, on or about Tuesday, March 22, 2022, which is the World Water Day, subject to the Corporation satisfying before that date the conditions included in the conditional approval of the TSX. Concurrently,... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (TSXV: HEO) (“H 2 O Innovation” or the “Corporation”) is proud to announce that it has recently renewed the operation, management and maintenance (“O&M”) contract with the City of Long Beach, Mississippi, for an additional period of four years. This contract, valued at $12.0 M, brings the Corporation’s O&M backlog to $86.8 M. This renewal includes... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce it executed this morning all the documents related to the acquisition of JCO, Inc. (“JCO”) and of Environmental Consultants, L.L.C. (“EC”, and together with JCO, the “Targets”) from arm’s-length third parties. Each of the Targets offers complete operation, maintenance and management... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) held its Annual General Meeting of Shareholders (the “Meeting”) this morning. Shareholders elected or re-elected the following directors to the Corporation’s Board of Directors: Lisa Henthorne, Chairwoman of the Board of Directors, Richard Hoel, Vice-Chairman of the Board of Directors, Frédéric Dugré, President and Chief Executive Officer, Pierre Côté, René... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (TSXV: HEO) (“H 2 O Innovation” or the “Corporation”) is pleased to announce that the water treatment project with the City of San Diego, California, which was temporarily suspended, is resuming its course. The contract value went from $8.8 M in 2017 to $11.2 M today due to change orders and price adjustments related to the inflation of raw... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) (TSXV: HEO) is proud to announce that it has entered into an agreement with National Bank of Canada to increase its revolving credit facility to $ 55 M. In addition, the term of this facility has been extended to December 1, 2024. The revolving facility is used to repay entirely the outstanding term loans with National Bank of Canada for an amount of... Read More
H 2 O Innovation Inc. (TSXV: HEO) (“H 2 O Innovation” or the “Corporation”) is pleased to announce that it has recently completed a plant retrofit for an ethanol client located in Iowa, United States. This project, one of the first of its kind in North America, demonstrates the Corporation’s technical expertise and market access required to provide a direct replacement solution. Experience gained from this project should... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) (TSXV: HEO) is pleased to announce that its Water Technologies & Services (“WTS”) business line has recently been awarded three new capital equipment projects, one each in water reuse, wastewater, and seawater desalination. These new contracts, with a total value of $4.1 M, bring the WTS backlog to $44.2... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (TSXV: HEO) (“H 2 O Innovation” or the “Corporation”) announce today that it has received proceeds in an amount of approximately $14.0 M from the exercise of 9,933,211 warrants. Each warrant granted its holder the right to receive one common share of the Corporation at a price of $1.40. The warrants were issued pursuant to a prospectus unit... Read More
Key financial highlights Revenue growth of 9.7 % reaching $38.4 M for Q1-FY2022 from $35.0 M for Q1-FY2021; Adjusted EBITDA 1 reached $4.0 M, or 10.5 % of revenues, for Q1-FY2022, compared to $3.5 M, or 9.9 % of revenues, for Q1-FY2021; Net earnings amounted to $0.6 M or $0.007 per share for Q1-FY2022 compared to net earnings of $1.0 M or $0.013 per share for Q1-FY2021; Consolidated backlog of $122.8 M at the end of the... Read More
GreenStockNews
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) (TSXV: HEO) is pleased to announce that its Piedmont business line is launching a new product, the PiPerLink TM permeate connector, at the Aquatech Amsterdam International Tradeshow. The Piedmont Permeate Link, or PiPerLink TM , is an integrated permeate connector... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce it is the recipient of the Out of Quebec Outreach award at the 2021 Fidéïdes Gala presented yesterday by the Chamber of Commerce and Industry of Quebec, at the Quebec Congress Centre. The Fidéïdes Gala is a recognized and highly esteemed event in the business community of the greater Quebec City, including Capitale-Nationale and... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) (TSXV: HEO) announces a change in the composition of its Board of Directors, effective as of today, namely the nomination of Louis G. Véronneau as a member of the Board of Directors, succeeding Robert Comeau. Mr. Louis G. Véronneau was appointed as a member of the Board of Directors on October 21, 2021. Mr. Véronneau holds the position of Executive... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the first quarter of fiscal year 2022 on Wednesday, November 10, 2021, at approximately 8:00 a.m. (EST). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EST). Financial analysts and investors are invited to attend this conference call during which the 2022 first quarter... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that it has recently won a water reuse project in California, two First Nations projects in Canada and another small-scale one. These contracts, with a total value of $9.9 M, bring the Water Technologies & Services (“WTS”) backlog to $41.2 M. H 2 O Innovation will be supplying a water reuse system for a major client located in Escondido,... Read More
H 2 O Innovation Inc. (TSXV: HEO) (“H 2 O Innovation” or the “Corporation”) will postpone its fourth quarter and full fiscal year conference call at 11:00 a.m. (EDT) because of technical problems related to the platform. Financial analysts and investors are invited to attend this conference call during which the 2021 fourth quarter and full fiscal year results will be presented. The call will begin with a presentation by... Read More
Key Financial Highlights Revenues reached $144.3 M for fiscal year 2021, representing a $10.7 M growth, or 8.0 %, compared to $133.6 M for the previous fiscal year; Gross profit margin before depreciation and amortization expenses represented 27.7 % of the Corporation’s total revenues for fiscal year 2021, compared to 26.9 % for the previous fiscal year; Net earnings of $3.1 M or $0.039 per share for fiscal year 2021,... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) (TSXV: HEO) announces that it will release its financial results for the fourth quarter and full fiscal year ended on June 30, 2021 on Tuesday, September 28, 2021, at approximately 8:00 a.m. (EDT). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EDT). Financial analysts and investors are invited to attend this conference call... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that its specialty chemical business line has been selected to provide antiscalant to the world’s largest seawater reverse osmosis (“SWRO”) desalination plant. Operated by ACWA Power, a leading developer, investor and operator of long-term contracted power generation and desalinated water projects worldwide, the Taweelah plant is designed to... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that its Piedmont business line, a global leader in corrosion resistant equipment for desalination plants in the industrial and municipal markets, secured new orders for fiber reinforced polyester (“FRP”) cartridge filter housings and duplex stainless couplings, totalling $4.0 M. The team also signed five new distribution agreements in Latin... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that it has recently been awarded six new capital equipment projects in its Water Technologies & Services (“WTS”) business line and reached substantial completion on six others. These new contracts, with a total value of $4.8 M, bring the WTS backlog to $34.8 M. On the first project, H 2 O Innovation will supply a containerized water... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce it has recently been awarded an Operation and Maintenance (“O&M”) contract for the City of Laurel, MS (the “City”) with a total value of $10.4 M over 4 years, bringing the Corporation’s O&M sales backlog to $83.2 M. This contract was awarded as part of a call for tenders that the City... Read More
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H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce that its two specialty chemical business lines, PWT TM and Genesys®, came together on July 1, 2021, to form the H 2 O Innovation Specialty Chemicals Group. The Corporation will increase at the same time its sales force with the addition of new... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce it has recently been awarded the Operations and Maintenance (“O&M”) contract for the Town of Warren, Rhode Island with a total value of $5.0 M, bringing the Corporation’s O&M sales backlog to $71.3 M. This award follows a competitive RFP process. The new contract includes the supply of... Read More
H 2 O Innovation Inc. (“H 2 O 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 de Québec (Quebec City, Canada). The exhibition will take place from June 17, 2021 to March 26, 2023. The Oh shit! exhibition, which focuses on feces, will help people better understand its social history, the issues at play and how it can be put... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce its nomination for the Out of Quebec Outreach prize as part of the Fidéïdes 2021 of the Chamber of Commerce and Industry of Quebec. The winner will be elected during the virtual Fidéïdes Gala, on November 3 rd . The Fidéïdes is a recognized and highly esteemed event in the business community of the greater Quebec City and... Read More
All amounts in Canadian dollars unless otherwise stated. H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is proud to announce it was awarded 10 new projects over the last months, including six industrial ones. These new contracts, totaling $4.5 M, will bring the Corporation’s Water Technologies & Services (“WTS”) business pillar sales backlog to $35.0 M. The first large-scale industrial project won by the... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces the grant of a total of 1,056,000 stock options to the members of its senior management, with a vesting period of five years, the whole pursuant to the terms and conditions of the Corporation’s stock option plan. The stock options entitle their holders to acquire one common share of the Corporation at a price of $2.55 before May 17, 2031. The grant of... Read More
Key Financial Highlights Acquisition of the remaining 76.0 % of the issued and outstanding shares of Genesys Membrane Products, S.L. (“GMP”) to expand the specialty chemical products and laboratory services to the large international distributor network and to increase the commercial presence in Latin America, notably within the mining industry; Revenue growth of 8.6 % over the same period of the previous fiscal year,... Read More
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. H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that it has recently won two new projects and renewed four Operation & Maintenance (“O&M”) contracts in North America. These contracts, with a total value of $3.3 M, bring the... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that it has recently won two new projects and renewed four Operation & Maintenance (“O&M”) contracts in North America. These contracts, with a total value of $3.3 M, bring the O&M backlog to $63.5 M. The first awarded project involves the operation, maintenance, and management of the water treatment systems of a Municipal Utility District... Read More
H 2 O Innovation Inc. (“H 2 O 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 several key objectives from the Corporation’s 3-Year Strategic Plan. In line with the recently announced acquisition of Genesys Membrane Products S. L. (“GMP”), which added an office for the Corporation in Santiago, Chile, H 2... Read More
H 2 O Innovation Inc . (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the third quarter of fiscal year 2021 on Thursday, May 13, 2021, at approximately 8:00 a.m. (EDT). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EDT). Financial analysts and investors are invited to attend this conference call during which the 2021 third quarter results... Read More
H 2 O Innovation Inc. (“H 2 O 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 Maple business line and the anticipated increase in water treatment project sales. Following the conclusion of a lease agreement, the new 21,390 square-foot space, adjacent to the current plant, will be ready as of May 1, 2021. The H 2 O... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) is pleased to announce that one of its specialty chemicals business lines, Genesys, has obtained two new ISO certifications, demonstrating its continued commitment to respecting and promoting health and safety at work. As part of the Corporation’s 3-Year Strategic Plan announced a few months ago, one of the main objectives was to create a safer working... Read More
Key Financial Highlights Revenue growth of 4.9 % over the same period of the previous fiscal year, reaching $35.0 M for the second quarter of fiscal year 2021; Gross profit margin (%) before depreciation and amortization expenses of 26.8 % for the second quarter of fiscal year 2021, compared to 24.8 % for the second quarter of previous fiscal year; Adjusted EBITDA 1 reached $3.6 M, or 10.2 % of revenues, for the second... Read More
Highlights Immediate acquisition of the remaining 76% of GMP. Immediately accretive to Corporation’s earning per share (EPS). Increased the Corporation’s EBITDA on a proforma basis by more than 10%. Valuation based on a multiple of 6x EBITDA, paid over three years with earn-out based on 2021 and 2022 GMP’s EBITDA. Transaction paid through the Corporation’s existing working capital. For the twelve-month period ending December... Read More
H 2 O Innovation Inc. (“H 2 O Innovation” or the “Corporation”) announces that it will release its financial results for the second quarter of fiscal year 2021 on Thursday, February 11, 2021, at approximately 8:00 a.m. (EST). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EST). Financial analysts and investors are invited to attend this conference call during which the 2021 second quarter... Read More

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