OTCQX:HEOFF - Post by User
Comment by
ChaseYourDreamon Nov 24, 2016 1:59pm
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Post# 25509641
RE:H2O - growing pains
RE:H2O - growing painsSo refreshing to read an
honest post. TY StoneMan.
StoneMan45 wrote: It's a dip and fairly pronounced but it will be back up and beyond. If you look at the way revenue comes in for H2O it is getting rounded off more with the recent aquisition of UP but the SP&S portion seems to be wieghted to the 2nd and 3rd Qs very heavily. This is likely in part due to the maple division but it is also likely tied to some large reorders for PWT chemicals. In any case Fred has indicated that the drop in new system revenue wasn't due to inactivity but timing of milestones and the # of projects started. 2nd Q should be free of the costs of integrating the recently aquired Utility Partners and the overall revenue should be quite a huge improvemnt to 1st Q. Growth costs money and H2O just went through a big growth spurt. Hiring seems to be slowing back down again to a normal pace for H2O. Anyway, looking forward to the next Q. Should be some news worthy releases soon enough. Take a look at H2O Maple/Smartrek , Piedmont Pacific and Professional Water Technologies and what they were and what they are since aquisition and it is easy to see the aggressive growth for all 3...UP will hopefully demonstrate the same potential