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RDX Technologies Corp (PK:RGDEQ)

Business Focus: Water Utilities

Sector:  Utilities Industry:  Water Utilities
 
Company Contact
Address: 14555 N 82nd St
SCOTTSDALE AZ 85260-2525
Tel: N/A
Website: N/A
IR: N/A
Key People
N/A    
Business Overview
RDX Technologies Corp formerly known as Ridgeline Energy Services Inc is a United States-based company. The Company is a water treatment and energy technology company. It is applying proprietary technology to treat water generated from industrial and commercial wastewater markets. These markets include a wide variety of clients across a broad spectrum of industries including oil and gas. It is a provider of environmental services to the Western Canadian oil and gas industry.
Financial Overview
For the nine months ended 31 December 2014, RDX Technologies Corp revenues decreased 45% to C$17.7M. Net loss before extraordinary items increased from C$2.5M to C$22.3M. Revenues reflect Energy segment decrease of 94% to C$449K, Water segment decrease of 67% to C$511K. Higher net loss reflects Energy segment loss totaling C$5.9M vs. income of C$1.3M, Corporate segment loss increase from C$1.7M to C$5.5M.