Blumetric Environmental Inc Stock Price, News & Analysis

BluMetric Environmental (OTCQX:BLMWF) has signed a Memorandum of Understanding (MOU) with DNG Defence at DEFSEC Atlantic 2025. The partnership aims to combine BluMetric's water technologies and environmental engineering expertise with DNG Defence's Indigenous community-owned enterprises network.

The collaboration will focus on developing sustainable and sovereign supply chains for Canada's national defence priorities, including water purification solutions for the Canadian Patrol Submarine Project. The partnership represents a strategic alignment between Indigenous leadership and BluMetric's Mission Ready Water capabilities to enhance Canada's defence capabilities.

BluMetric Environmental (OTCQX:BLMWF) has appointed Stephan May to its Board of Directors, effective September 29, 2025, pending TSX Venture Exchange approval. May, currently the Managing Partner of Welch Capital Partners, brings significant expertise in mergers and acquisitions, having overseen more than 100 M&A and capital advisory engagements since 2015.

May holds the ICD.D designation from the Rotman School of Business and currently serves as Board Chair for Modo Yoga International. His experience includes chairing MSP Corp's board through a strategic private equity sale, and he has developed a proprietary M&A risk playbook for boards. May holds an MBA from the University of Ottawa and has completed the IFSE Officers', Partners', and Directors' course.

BluMetric Environmental (OTCQX:BLMWF), a WaterTech and environmental consulting firm, will present at the Planet MicroCap Showcase: TORONTO 2025 on October 22, 2025, at 10:00 AM EST. The presentation will take place at the Arcadian Loft in Downtown Toronto.

Chair & CEO Scott MacFabe will lead the presentation and conduct a Q&A session. The company will also host 1x1 investor meetings on October 23, 2025. Investors can access the live webcast through the provided link, and recordings will be available on the conference platform afterward.

BluMetric Environmental (OTCQX:BLMWF) has secured a $1.3 million environmental engineering contract with a multinational mining operator for a mining rehabilitation project in Ontario. The project includes design enhancements, geotechnical and environmental investigations.

The company is strategically positioned to capitalize on Ontario's mining rehabilitation needs, with the province having 6,181 known abandoned mine sites containing approximately 19,626 mine hazard features. BluMetric maintains a strong presence in Ontario through five regional offices.

Additionally, the company announced that Wanda Richardson has stepped down from the Board of Directors, effective September 11, 2025, after three years of service.

BluMetric Environmental (OTCQX:BLMWF), a WaterTech and environmental consulting firm, reported Q3 2025 financial results with mixed performance. Revenue surged to $14.7 million, up from $8.1 million year-over-year, while nine-month revenue reached $44.6 million.

The quarter saw reduced gross margins of 36% (vs. 44% in Q3 2024) due to Gemini Water integration and sales mix changes. The company reported an EBITDA of $0.3 million and a net loss of $0.5 million. Working capital improved to $8.5 million, with a net cash position of $3.4 million.

Notable developments include doubled revenues from Gemini acquisition, a 76% increase in Military market revenues, and a new $3.8 million contract from Thales Canada. Professional Services faced challenges due to government transitions and macro-economic conditions.

BluMetric Environmental (OTCQX:BLMWF) has secured a CA$3.8 million contract with Thales Canada to upgrade water systems on Royal Canadian Navy ships. The project focuses on enhancing potable water chemistry and extending the lifespan of shipboard water distribution systems.

The company's WaterTech Canada division in Carp, Ontario, will design, validate, and execute the project, with system delivery and commissioning expected within 18 months. This collaboration represents a significant development in BluMetric's Mission Ready Water solutions for military applications.

BluMetric Environmental (OTCQX:BLMWF) has secured multiple contracts worth CA$1.8 million (US$1.3 million) for wastewater treatment systems. The contracts include a Membrane Bioreactor (MBR) system for a Bahamian resort and an expansion of an existing MBR plant at a Texas commercial housing development.

The Bahamian facility will be BluMetric's tenth wastewater facility in the region, designed to treat 120,000 gallons per day of wastewater. The Texas project will increase capacity to 300,000 GPD. Both projects will be executed by WaterTech USA division and are expected to be completed within 12 months.

BluMetric Environmental (OTCQX: BLMWF) reported its Q2 2025 financial results with record revenue of $15.9 million, up from $7.1 million in Q2 2024. The company's first-half revenue reached $29.9 million, compared to $15.7 million in the previous year. However, gross margins declined to 27% from 43% year-over-year due to changes in sales mix following the Gemini Water acquisition. Q2 EBITDA increased to $0.6 million from $0.4 million, while the company reported a net loss of $0.1 million compared to net earnings of $0.1 million in Q2 2024. Working capital improved to $8.6 million, with a net cash position of $2.2 million. The company highlighted strong momentum in its WaterTech division through Gemini's growth and expanded its manufacturing capabilities with a new facility in Gainesville, Florida, and a 9,000 sq. foot facility in Carp, Ontario.

BluMetric Environmental (OTCQX: BLMWF) has secured a new Master Service Agreement with Canada's Department of National Defence for their Reverse Osmosis Water Purification Units (ROWPU). The agreement includes refurbishment, on-call field service, support, and maintenance of ROWPU systems. The contract spans three years with potential for seven one-year extensions. BluMetric has already received an initial service order worth $5.8 million under this new agreement. The company's Chair & CEO Scott MacFabe emphasized the importance of delivering Mission Ready Water and highlighted their long-standing relationship with the Department of National Defence.