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Bullboard - Stock Discussion Forum SHARC Energy Systems C.SHRC

Alternate Symbol(s):  INTWF

SHARC International Systems Inc. is engaged in energy recovery from the wastewater the Company send down the drain every day. Its energy's systems recycle thermal energy from wastewater, generating energy and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings. Its products include SHARC Series and PIRANHA Series. The SHARC Series... see more

CSE:SHRC - Post Discussion

SHARC Energy Systems > I like the concept but
View:
Post by throwaway11 on Sep 07, 2024 12:17am

I like the concept but

what is the path to profitability?
Comment by Mostlyserious on Sep 08, 2024 10:50pm
Q2 was announced 10 days ago. If my math makes sense, based on quarrterly and half year results, sales have to triple from current levels to break even.   Given the rate of sales announcements, which are not easy to figure out, there is no break even on the near or medium term horizon.   As good as the concept sounds, it is not an easy sell and we are unlikely to truly find out ...more  
Comment by stockpickman on Sep 26, 2024 10:02am
The concept is growing nicely, and imho will become huge not to far down the road.....the link provides at least 8 project coming up.....as well as being in many US cities now, there is huge potential everywhere.... https://4frontadvisory.substack.com/p/sharcs-expanding-opportunity-leading?utm_source=post-email-title&publication_id=797644&post_id=149408680&utm_campaign=email-post ...more  
Comment by Mostlyserious on Sep 28, 2024 9:19pm
But this certainly does not make it sound like these ones are for SHRC to win.  Sounds like some projects have not even had proposals submitted yet and there will likely be a number of companies bidding. There are many companies recovering heat from sewage, not a new concept nor one that LM invented. Time to announce some wins.
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