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IWG TECHNOLOGIES INC V.IWG

"IWG Technologies Inc through its subsidiary is engaged in developing, manufacturing and selling aircraft water treatment equipment, on-demand water heaters and water systems."


TSXV:IWG - Post by User

Post by SolidFuelon Apr 30, 2013 7:10pm
99 Views
Post# 21327104

Impressive sales and earnings growth!

Impressive sales and earnings growth!

IWG just released their quarterly results...

 

Revenue = $1.835 million (last year = $1.463)

Operating Income = $453K (last year = $112)

Net Income = $266K (last year = $95)

 

Nice Gil Morgan, I wasn't expecting that!

 

And the six month numbers are even better as follows:

 

Revenue = $3.186 million (last year = $2.733)

Operating Income = $628k (last year = $224)

Net Income = $375k (last year = $219)

 

Those are all impressive increases over the prior year.

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