Seychelle Environmental Technologies, Inc. Reports Earnings Results for the Year Ended February 28, 2017; Provides Earnings Guidance for the First Quarter of 2018
June 15, 2017 at 01:46 pm
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Seychelle Environmental Technologies, Inc. reported earnings results for the year ended February 28, 2017. For the year, the company reported revenue of $4,378,436 compared to $10,910,067 in the prior year. The company had a net loss of $2,147,224 compared to prior years net income of $1,032,941.
For the first quarter of 2018, the company to see further increases in sales over most recent Fourth Fiscal Quarter and a potential for net income.
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.
Seychelle Environmental Technologies, Inc. Reports Earnings Results for the Year Ended February 28, 2017; Provides Earnings Guidance for the First Quarter of 2018