Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.

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Pyrogenesis Canada Inc

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Post by ATLEVANon May 31, 2015 1:24pm

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Post# 23782254

Q1of Fiscal 2015 Results

PyroGenesis Announces 2015 Q1 Results: Revenues increase 38% to $1.1MM; Net Worth > $2MM, Backlog of $16.4MM or 2.8x 2014 Revenues

First Quarter Highlights

In Q1 of Fiscal 2015,

Revenues increase by 38% to $1,116,477 ($806,425 2014 Q1);
Gross margins of over 27% as expected
Cash on hand: $2,841,734
Working capital of $3,217,262
Net Worth: $2,344,280
At May 30, 2015, backlog at $16,369,601 or 2.8x 2014 revenues.

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