Pwrcor, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 18, 2020 at 08:39 pm
Share
PwrCor, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 41,570 compared to USD 186,384 a year ago. Net loss was USD 40,743 compared to USD 210,869 a year ago. For the half year, total revenue was USD 155,340 compared to USD 372,629 a year ago. Net loss was USD 66,649 compared to USD 282,403 a year ago.
PwrCor, Inc. (PwrCor) is a cleantech energy technology company. The Company is developing advanced, novel solutions in the waste-heat-to-energy, geothermal, clean water, hydrogen production, and other markets. With its heat conversion technology, it is able to produce cost-effective mechanical or electric power from wasted heat-from low-grade heat in the 250 to 400 F range down to ultra-low temperatures in the 140 to 250 F range. PwrCor technology can be used to convert low levels of heat from any source, including industrial, geothermal, or solar, into sufficient mechanical power to drive reverse osmosis equipment wherever there is access to water, including sea water, without even having to produce electricity. PwrCor technology is also positioned to facilitate the Energy Transition initiative by creating power from heat generated in the production of Hydrogen and Ammonia, as well as from fuel cells, thereby reducing cost of operations.
PWRCOR, INC. 
