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Bullboard - Stock Discussion Forum 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 Discussion

IWG TECHNOLOGIES INC > Sales Growth
View:
Post by SolidFuel on Sep 03, 2013 12:18pm

Sales Growth

IWG needs to finally demonstrate that they can grow sales...

For years now we have been hearing how IWG's water systems are going to be standard feature on a number of new private jet configurations... or how the new jet to be produced in China will incorporate IWG's water treatment system... but we haven't seen any results as of yet.

Show us the money.  Please.


If there is no top-line revenue growth then this stock is fully-valued eactly where it sits with a market cap of $6.2 million.
Comment by Sir_Holler on Sep 04, 2013 7:20pm
Revenues are up about 50% since fiscal 2011. The company has been growing quite nicely. Importantly, they should be launching their new compact model now, and now have excess cash, cashflow, and unused debt capacity to make their next acquisition.
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