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BluMetric Announces Q1 2026 Financial Results
Ottawa, Ontario--(Newsfile Corp. - February 25, 2026) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announces its financial results for the fiscal quarter ended December 31, 2025.Consolidated Financial HighlightsRevenue for the fiscal quarter was $20.3 million for the period ended December 31, 2025, compared to $14.0 million for the same period in 2024, representing an increase of
About this update from Blumetric Environmental Inc.
[{"type":"text","content":"Ottawa, Ontario--(Newsfile Corp. - February 25, 2026) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announces its financial results for the fiscal quarter ended December 31, 2025.","length":316,"tagName":"p"},{"type":"text","content":"Consolidated Financial Highlights","length":33,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue for the fiscal quarter was $20.3 million for the period ended December 31, 2025, compared to $14.0 million for the same period in 2024, representing an increase of 45%.","length":176,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross margin for the quarter ended December 31, 2025, was 28% compared to 33% for the same quarter in the previous year.","length":120,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA (see definition below) for the quarter ended December 31, 2025, was $0.9 million, compared to $1.3 million in the same quarter of the previous year.","length":164,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net loss for the quarter ended December 31, 2025, was $67 thousand compared to net income of $378 thousand in the same quarter of the previous year.","length":148,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Working capital (see definition below) as at December 31, 2025, was $10.7 million, compared to $9.3 million as at December 31, 2024.","length":132,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net cash (see definition below) as at December 31, 2025, was $1.8 million, compared to net cash of $3.7 million at December 31, 2024.","length":133,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"During the fiscal quarter, the Company successfully completed its acquisition of Ontario-based DS Consultants Ltd. ("DS Consultants") on December 10, 2025, and completed a brokered offering for gross proceeds of $15.0 million.","length":236,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":1109,"olType":false},{"type":"text","content":""We started this fiscal year with a record revenue quarter before taking into full consideration our largest acquisition to date," stated Scott MacF...