Seychelle Water Filtration Products Reports Financial Results for the Third Quarter and Nine Months Ended November 30, 2013
January 15, 2014 at 02:07 pm
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Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc. reported financial results for the third quarter and nine months ended November 30, 2013. For the quarter, revenue was $1,197,653 compared to $1,161,785 in the prior year, an increase of $35,868. In addition, net income after taxes of $197,415 was an increase of $30,319 compared to the prior year's net income after taxes of $167,096.
The company reported that sales revenue for the first nine months of $3,860,657 compared to $2,779,604 in the prior year, up $1,081,053. Net income after income taxes was $480,503 for the same period and was up $407,112 versus prior year net income of $73,391 or 5 times the net income over prior 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.