Bullboard - Stock Discussion Forum Earth Alive Clean Technologies Inc V.EAC

Alternate Symbol(s): EACTF

Earth Alive Clean Technologies Inc. is engaged in microorganism-based technologies. Its advanced products contribute to regenerative agriculture, natural dust suppression with minimal water consumption, and ecological and human-friendly industrial cleaning. It sells the microbial spores in their primary or blended form and in ready-to-use powdered or liquid formulations. Its segments include... see more

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TSXV:EAC - Post Discussion

Earth Alive Clean Technologies Inc > Year end data out, here's a teaser.

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Post by cleareye on Apr 28, 2020 5:32pm

Year end data out, here's a teaser.

Worth following the links to SEDAR,

MONTREAL, April 28, 2020 (GLOBE NEWSWIRE) -- Earth Alive Clean Technologies Inc. (TSXV: EAC) (“Earth Alive” or the “Company”), a Canadian soil health company that develops and manufactures advanced microbial technology products, filed its consolidated financial statements for the year ended December 31, 2019. All amounts are in Canadian dollars unless otherwise indicated.

Highlights of the Fiscal Year Ended December 31, 2019

Sales totalled $2,177,950 in 2019 compared to sales of $1,432,287 in 2018, representing an increase of 152%.
Relaunch of the Infrastructure and Maintenance division instituted in early 2018 is paying off with 2019 sales totalling $1,521,316 for the 12 months ended December 31 compared to $568,634 for the same period in 2018.
As at December 31, 2019 the Company recorded working capital of $2,302,106 and positive equity of $2,480,449.

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