BioteQ Environmental Technologies Inc. reported audited consolidated earnings results for the full year ended December 31, 2011. For the period, the company reported revenues of CAD 7,413,797, loss before income taxes of CAD 4,618,198 and net loss of CAD 5,090,455 or CAD 0.07 basic and diluted per share against revenues of CAD 8,744,237, loss before income taxes of CAD 10,703,954 and net loss of CAD 10,928,682 or CAD 0.16 basic and diluted per share for the same period a year ago. Net cash provided used in operating activities was CAD 2,548,656 against net cash provided by operating activities of CAD 1,197,997 for the same period a year ago. Purchase of property, plant and equipment was CAD 984,892 against CAD 1,038,681 for the same period a year ago. The company provides earnings outlook for the full year of 2012. Revenue is expected to increase to at least CAD 10 million, an increase of more than 30% compared to 2011; Cash used in operations (including changes in working capital) is expected to be reduced from CAD 2.5 million in 2011 to less than CAD 1.5 million in 2012.