Regi U.S., Inc. Reports Earnings Results for the First Quarter Ended July 31, 2019
November 08, 2019 at 05:03 pm
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REGI U.S., Inc. announced earnings results for the first quarter ended July 31, 2019. For the first quarter, the company announced sales was USD 25,000 compared to USD 0 a year ago. Operating loss was USD 415,170 compared to USD 281,879 a year ago. Net loss was USD 261,356 compared to USD 434,942 a year ago. Basic loss per share was USD 0.002 compared to USD 0.004 a year ago.
REGI U.S., Inc., through its wholly owned subsidiary, RadMax Technologies, Inc., is a research and development company. The Company is focused on creating new technologies and is developing and commercializing high efficiency engines, compressors, expanders, and pumps for civilian, commercial and government applications based on its patented RadMax axial vane-type rotary technology. The Companyâs products include gas expanders, compressors and pumps and power generation devices. Its focus is on developing devices that reduce carbon footprint, device size, weight, and parts count, while enhancing fuel and manufacturing efficiencies over incumbent technologies.
REGI U.S., INC. 
