BluMetric Environmental Inc. reports news about its WaterTech engineering, environmental consulting, and water treatment businesses. The company designs, fabricates, and delivers water and environmental solutions for commercial and industrial, government, military, and mining customers in North America and the Caribbean.
Recurring updates include financial results, contract awards for wastewater treatment and shipboard reverse-osmosis desalination systems, recurring water testing services, acquisitions that expand operating capabilities, and governance matters such as director elections and stock option plan amendments.
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) 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.
BluMetric Environmental (TSXV: BLM) (OTCQX: BLMWF), an engineering watertech and environmental consulting firm, has announced its participation in the Planet MicroCap Showcase: VEGAS 2025. The event will take place on Wednesday, April 23, 2025, with Chair and CEO Scott MacFabe presenting at 2:00 PM PT (5:00 PM ET).
The presentation will be accessible via webcast, and the company will also conduct in-person 1x1 investor meetings at the Paris Hotel & Casino in Las Vegas. Interested parties can register for the event through the conference website to participate in both the presentation and individual meetings.
BluMetric Environmental (TSXV: BLM) (OTCQX: BLMWF) has announced key leadership changes and stock option plan amendments. Scott MacFabe, who has served as CEO since March 2018, has been appointed as Chair of the Board of Directors while maintaining his CEO position. He succeeds Ian Mor Macdonald, who will continue as Chair of the Audit Committee.
At the annual and special meeting on March 19, 2025, shareholders approved an amended stock option plan that increases the available options from 4,500,000 to 5,500,000, representing approximately 14.9% of the company's issued and outstanding share capital. The amended plan is pending TSX-V approval.