Seychelle Environmental Technologies, Inc. Reports Earnings Results for the Third Quarter Ended November 30, 2019
January 14, 2020 at 05:03 pm EST
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Seychelle Environmental Technologies, Inc. announced earnings results for the third quarter ended November 30, 2019. For the third quarter, the company announced sales was USD 816,001 compared to USD 609,444 a year ago. Operating income was USD 8,705 compared to operating loss of USD 125,796 a year ago. Net income was USD 10,418 compared to net loss of USD 126,258 a year ago. For the nine months, sales was USD 2.287 million compared to USD 2.479 million a year ago. Operating loss was USD 66,258 compared to USD 161,503 a year ago. Net loss was USD 67,433 compared to USD 163,087 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.01 a year ago.
Seychelle Environmental Technologies, Inc. is engaged in the clean water business. Through its line of sustainable and innovative filtration products, it provides water for everyone, everywhere, and in every situation. Its products remove a wide spectrum of aesthetic, chemical, and radiological contaminants. This includes tap water contaminants, like PFOA, PFOS, lead, chromium 6, chlorine, chloramines, and VOCs. Its radiological line removes gross beta, radon 222, alpha radium 226, plutonium, uranium, cesium 134 and 137. The Company offers products, including Bottles, Pitchers, Pumps, Showerheads, Straws, and Replacement Filters. The Company offers international lab testing on its products in countries, including the United States, Argentina, Australia, Brazil, China, Germany, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Mexico, Myanmar, Nepal, New Zealand, Pakistan, Sri Lanka, Slovenia, South Africa, Tanzania, United Kingdom, and Vietnam.