Dugré on H2O Innovation FY2020 Results, $133.6M in Revenue and a 20th Anniversary
In an InvestorIntel interview that can also be viewed on our InvestorIntel YouTube channel, Peter and Frédéric discussed H2O Innovation’s recently announced financial results which reported $133.6 million in revenues. “85% of our sales rely on recurring revenues,” Frédéric explains, and with a backlog of orders at $125 million, he said it adds “predictability to our business.” He also explains the unique aspects of the company’s business model that have allowed it to navigate through the COVID-19 crisis in a “remarkable way” and have helped strengthen its balance sheet through acquisitions and organic growth.
To watch this interview, click here
To learn more about H2O Innovation Inc., click here
Disclaimer: H2O Innovation Inc. is an advertorial member of InvestorIntel Corp.