Seychelle Environmental Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2017
January 17, 2018 at 02:00 pm
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Seychelle Environmental Technologies, Inc. reported earnings results for the third quarter and nine months ended November 30, 2017. For the quarter, the company reported revenue of $1,629,324 compared to $1,257,844 in the same period last year. Net income was $246,618 or $0.01 per share compared to net loss of $290,083, or $0.01 per share in the same period last year.
For the nine months, revenue was $3,829,465 against $2,885,212 in the last year. Net income was $491,995 or $0.02 per share against net loss of $877,041 or $0.03 per share in the last year.
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.