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Invesco Water Resources ETF T.PHO


Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.


NDAQ:PHO - Post by User

Invesco Water Resources ETF
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Post by mulliganforlifeon Aug 06, 2020 7:06am
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Post# 31371103

PHO Delivers Strong Q2

PHO Delivers Strong Q2

Q2 2020 Highlights:

  • Revenue of $16.1 million versus $7.1 million in Q219
  • Earnings before finance income, accretion expense, income taxes, depreciation, amortization and foreign exchange gain or loss (“EBITDA”)[1] of $5.9 million or 37% of revenue versus $1.2 million in Q219;
  • Net income of $2.7 million versus $0.1 million in Q219;
  • Cash and cash equivalents of $41.1 million at June 30, 2020 increased $7.7 million from December 2019;
  • Announced the acquisition of Micronor and the strategic partnership with FiSens.
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