ME2C Environmental Reports Second Quarter 2024 Financial Results
ME2C Environmental Reports Second Quarter 2024 Financial Results
Corsicana, Texas--(Newsfile Corp. - August 12, 2024) - Midwest Energy Emissions Corp. (TSXV: MEEC) (OTCQB: MEEC) ("ME2C Environmental " or the "Company"), a leading environmental technologies firm, has reported financial results for the second quarter ended June 30, 2024. The Company reports the following highlights for the period ended June 30, 2024:
得克萨斯州科西卡纳--(Newsfile Corp.,2024年8月12日)——领先的环境技术公司中西部能源排放公司(TSXV:MEEC)(OTCQB:MEEC)(“ME2C环境” 或 “公司”)公布了截至2024年6月30日的第二季度财务业绩。公司报告了截至2024年6月30日期间的以下亮点:
Q2 Financial Summary Highlights:
第二季度财务摘要要点:
- Cash on hand of $8.4 million
- Working capital of $4.8 million
- 1.7 to 1 ratio of current assets to current liabilities
- Revenues for Q2 2024 were $3.4 million
- Reduction in interest expense of $334,000 primarily the result of the restructure and repayment of principal on Alterna Capital notes during Q1
- 手头现金840万美元
- 营运资金为480万美元
- 流动资产与流动负债的比率为 1.7:1
- 2024 年第二季度的收入为 340 万美元
- 利息支出减少了33.4万美元,这主要是由于第一季度Alterna Capital票据的重组和本金偿还所致
Additional information can be found in the Company's Form 10-Q for the quarterly period ended June 30, 2024, filed with the Securities and Exchange Commission on August 12, 2024.
更多信息可以在公司于2024年8月12日向美国证券交易委员会提交的截至2024年6月30日的季度10-Q表中找到。
"The first half of 2024 included considerable investments in our strategic growth," said Richard MacPherson, CEO of ME2C Environmental. "The strong validation of our patent rights from major industry leaders, which included significant settlements in late 2023 and a unanimous jury award in early 2024, has supported our steadfast protection of these innovative core technologies. We are focused on leveraging our settlements to create new long-term customers."
ME2C环境首席执行官理查德·麦克弗森表示:“2024年上半年包括对我们的战略增长的大量投资。”“主要行业领导者对我们的专利权的有力认可,包括2023年底的重大和解以及2024年初的评审团一致裁决,支持了我们对这些创新核心技术的坚定保护。我们专注于利用我们的定居点来创造新的长期客户。”
McPherson said the Company continues to make progress in the development of new activated carbon technologies. The new technologies focus on removing "forever chemicals" from potable water. "We are confident that we will succeed in our ability to introduce a series of commercial products to the water utility market in the near term," McPherson said.
麦克弗森说,该公司在开发新的活性炭技术方面继续取得进展。新技术侧重于从饮用水中去除 “永久化学物质”。麦克弗森说:“我们相信,我们将在短期内成功地向自来水公用事业市场推出一系列商业产品。”
About ME2C Environmental
关于 ME2C 环境部
Midwest Energy Emissions Corp. (TSXV: MEEC) (OTCQB: MEEC), operating under the trade name of ME2C Environmental, is a prominent environmental technologies company focused on providing innovative technologies to promote cleaner air and water with smart business solutions. From patented and proprietary mercury emissions capture technologies for the global power industry, this unique expertise extends to WE2C Environmental, a division of ME2C Environmental focused on PFAS removal from potable water. ME2C's advanced mercury emissions services are proven to reduce emissions more effectively and cost-efficiently than alternative methods, enhancing plant efficiency and output while preserving the marketability of byproducts for beneficial use. Through WE2C Environmental, new innovative water purification technologies are expected to meet the growing demand for sustainable water solutions worldwide. Learn more at and .
中西部能源排放公司(TSXV:MEEC)(OTCQB:MEEC)以ME2C Environmental的商品名运营,是一家著名的环境技术公司,专注于提供创新技术,通过智能商业解决方案促进更清洁的空气和水。从全球电力行业的专利和专有汞排放捕获技术,这种独特的专业知识延伸到WE2C Environmental,这是ME2C Environmental的一个部门,专注于从饮用水中去除全氟辛烷磺酸。事实证明,与替代方法相比,ME2C先进的汞排放服务可以更有效和更具成本效益地减少排放,提高工厂效率和产量,同时保持副产品的适销性以供有益用途。通过WE2C Environmental,新的创新水净化技术有望满足全球对可持续水解决方案不断增长的需求。要了解更多信息,请访问和。
Safe Harbor Statement
安全港声明
With the exception of historical information contained in this press release, content herein may contain "forward-looking statements" that are made pursuant to the Safe Harbor Provisions of the U.S. Private Securities Litigation Reform Act of 1995 or forward-looking information under applicable Canadian securities laws (collectively, "forward-looking statements"). Forward-looking statements are generally identified by using words such as "anticipate," "believe," "plan," "expect," "intend," "will," and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. Matters that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the loss of major customers; dependence on availability and retention of key suppliers; changes, or lack of changes, in environmental regulations; risks related to advancements in technologies; lack of diversification in the Company's business; risks related to intellectual property, including the ability to protect intellectual property and the success with any patent litigation; competition risks; changes in demand for coal as a fuel source for electricity production; ability to retain key personnel; absence of a liquid public market for our common stock; share price volatility; and, the potential that dividends may never be declared. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. ME2C Environmental does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance or other forward-looking statements contained in this release can be found in ME2C Environmental's periodic filings with the Securities and Exchange Commission or Canadian securities regulators.
除本新闻稿中包含的历史信息外,此处的内容可能包含根据1995年美国私人证券诉讼改革法案的安全港条款做出的 “前瞻性陈述” 或适用的加拿大证券法规定的前瞻性信息(统称为 “前瞻性陈述”)。前瞻性陈述通常使用 “预期”、“相信”、“计划”、“期望”、“打算”、“将” 等词语和类似表述来识别,但这些词语并不是识别前瞻性陈述的唯一手段。这些陈述基于管理层当前的预期,受不确定性和情况变化的影响。提醒投资者,前瞻性陈述涉及风险和不确定性,可能导致实际业绩与陈述存在重大差异。可能导致实际业绩与前瞻性陈述存在重大差异的事项包括,除其他因素外,主要客户的流失;对关键供应商可用性和留存率的依赖;环境法规的变化或缺乏变化;与技术进步相关的风险;公司业务缺乏多元化;与知识产权相关的风险,包括保护知识产权的能力和任何专利诉讼的成功;竞争风险;煤炭需求的变化一个电力生产的燃料来源;留住关键人员的能力;我们的普通股缺乏流动的公开市场;股价波动;以及可能永远无法申报分红。此外,本新闻稿包含时效性信息,这些信息仅反映管理层截至本新闻稿发布之日的最佳分析。ME2C Environmental没有义务公开更新或修改任何前瞻性陈述以反映本新闻稿发布之日后出现的未来事件、信息或情况。有关可能对财务业绩产生重大影响的问题的更多信息或其他前瞻性陈述,可在ME2C Environmental向美国证券交易委员会或加拿大证券监管机构提交的定期文件中找到。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险投资交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
Media Inquiries:
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Tunheim
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sscott@tunheim.com
媒体查询:
桑迪·斯科特
通海姆
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sscott@tunheim.com
Investor Relations Contact:
Jessica Butt
IR Representative
Adelaide Capital
Direct: 416-844-6202
jessica@adcap.ca
投资者关系联系人:
杰西卡巴特
投资者关系代表
阿德莱德资金
直接:416-844-6202
jessica@adcap.ca