Global Water Technologies, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2011
Global Water Technologies, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported net sales of $4,932 and net loss of $66,550.
For the full year, the company reported net sales of $87,640 compared to $83,705 a year ago. Net loss was $87,181 compared to $97,057 a year ago. Net cash used by operating activities was $1,558 compared to $19,270 a year ago. Purchase of property, plant and equipment was $350 compared to $2,000 a year ago.