CLIRF Stock - Clearford Water Systems Inc.
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Financial Statements
| Metric | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|
| Revenue | $14.68M | $9.84M | $6.43M | $3.89M | $3.79M |
| Gross Profit | $4.94M | $3.47M | $1.97M | $1.92M | $1.49M |
| Gross Margin | 33.6% | 35.3% | 30.6% | 49.2% | 39.4% |
| Operating Income | $-2,501,514 | $-4,188,679 | $6.97M | $2.34M | $-3,311,762 |
| Net Income | $-8,911,277 | $-10,231,956 | $-12,033,098 | $-5,686,434 | $-6,025,406 |
| Net Margin | -60.7% | -104.0% | -187.1% | -146.0% | -159.0% |
| EPS | $-0.09 | $-0.10 | $-0.12 | $-0.06 | $-0.07 |
Clearford Water Systems Inc., a water management company, provides unified water infrastructure solutions in Canada, the United States, India, South America, and internationally. It operates in three segments: Waterworks, Water & Wastewater Infrastructure Delivery, and UV Pure Disinfection. The company offers Clearford One, a three-stage solution for wastewater servicing; ClearDigest, an on-site pre-treatment stage that removes solids at the source; ClearConvey, a network of small bore sewer pipes that carries liquids without any infiltration to an optimized facility for final treatment; and ClearRecover, a treatment facility. It also provides Clearford M-brane, a lifecycle solution for managed and decentralized water treatment; Clearford UV, which offers potable, wastewater, reuse, and rainwater disinfection systems; and Clearford Pay-for-Performance project financing program solutions. In addition, the company designs, manufactures, and sells ultraviolet purification systems using its patented Crossfire technology into the potable water, wastewater, reuse, and rainwater harvesting markets. Further, it provides water supply and wastewater treatment systems for small communities, as well as manufactures and supplies packaged treatment solutions, including containerized membrane plants for advanced water treatment. The company was formerly known as Clearford Industries Inc. and changed its name to Clearford Water Systems Inc. in June 2014. Clearford Water Systems Inc. is headquartered in Ottawa, Canada.
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