From GlobeNewswire: 2024-12-01 19:04:00

Current Water Technologies Inc. (TSX-V: WATR) released its financial results for Q3 2024, reporting revenue of $430,871, a decrease from 2023. Operating expenses were $747,275, with a net loss of ($316,405). Revenue for the nine months ending Sept. 30, 2024, was $1,780,674, lower than 2023. The company is transitioning to a capital sales/service-based model.

Current Water Technologies Inc. is a technology company specializing in Electrochemical Technologies for treating wastewater contaminated by metals or nutrients. Its division, Pumptronics Incorporated, focuses on designing integrated pump stations. The company’s common shares trade on the TSX Venture Exchange under the symbol “WATR.”

Forward-looking statements in Current Water Technologies Inc.’s news release highlight potential risks and uncertainties affecting financial results. Market fluctuations and property performance are key factors. The company believes its expectations are reasonable but cautions against undue reliance on forward-looking statements. Updates will be provided as necessary.



Read more at GlobeNewswire:: Current Water Announces Third Quarter 2024 Financial