VMC Motherboard UNDER $0.25

[10 bagger]

IRWGF.. $0.1796.. Might be a little late to the party, but will continue to buy on dips....Hank

06/12/13 2:02 PM EDT Buy 14500 IWRGF Executed @ $0.182 Details | Edit
06/12/13 1:35 PM EDT Buy 18888 IWRGF Executed @ $0.1796 Details | Edit

IWRGF Company OverviewCompany Contact
Headquarters: Unit One
3771 North Fraser Way
BURNABY V5J 5G5
CAN
Web Address:
http://www.water.aero

International Water-Guard Industries Inc., formerly International Waterguard Industries, is a Canada-based Company, which provides aircraft water treatment and water system solutions. The Company produces four models such as the IWG-A6, IWG-A4, NPS-A6, and NPS-A3, for water flow rates from 4 USgpm down to 1USgpm. It offers IWG pump products such as Pressure Pump, Booster Pump and Circulation Pump. The Company also offers IWG-ES Water Heaters. It has developed a Circulating Potable Water System (C-PWS), is a freeze-proof aircraft water system. This system has been installed and certified on Airbus A310, Airbus ACJ, Boeing 737/BBJ, Bombardier Global Express, and Gulfstream G-IV aircraft.

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IWG ANNOUNCES GROWTH IN REVENUES AND OPERATING INCOME FOR THE SECOND QUARTER OF FISCAL 2013

April 30, 2013
Burnaby, BC, Canada – IWG Technologies Inc. (IWG) today announced its financial results for fiscal 2013’s second quarter ended March 31, 2013.

The Company is pleased to report second quarter revenue of $1,835,041, a 25% increase over last year’s figure of $1,463,213. Income from Operating Activities was $452,566 vs. $111,539, a fourfold increase over a year earlier. Net earnings were $266,312 compared to $94,953 for last year’s second quarter

The current quarter’s revenue growth did benefit from some anticipated first quarter deliveries being made in the second quarter.

Six month revenue was $3,186,405, a 17% increase over the comparable period of the prior year’s revenue of $2,732,574, with income from Operating Activities of $628,407 increasing 280% over the prior year’s six month period. Net earnings for the six months were $374,539, up 171% over last year.

This year’s second quarter results provided net earnings of 0.7¢ per share (1.0¢ year-to-date) compared to 0.3¢ in the prior year (0.6¢ prior year-to-date), on both a basic and fully diluted basis. Detailed financial statements and MD&A will be available on www.sedar.com and the company website at www.iwgtech.com.

The results are summarized as follows:
Three month period ended Six month period ended
March 31 March 31
Expressed in thousands of dollars 2013 2012 Change 2013 2012 Change
(except per share amounts)
Revenue $ 1,835 $ 1,463 25% $ 3,186 $ 2,733 17%
Gross profit 986 726 36% 1,646 1,403 17%
Operating income 453 112 406% 628 224 280%
Net Income 266 95 280% 375 219 171%
Net Income per Share 0.7¢ 0.3¢ 1.0¢ 0.6¢
EBITDA $ 417 $196 $627 $409
EBITDA per Share 1.1¢ 0.5¢ 1.7¢ 1.1¢

“Second quarter revenue provided a continuation of both revenue and earnings growth that has been the Company’s focus for the past year.” says Bruce Gowan, IWG’s Chairman.
“Revenue has shown steady growth in existing contracts, new products and new customers”, says Bruce MacCoubrey, President and CEO of International Water-Guard Industries Inc. “With the completion of the development phase of the FACC contract during the third quarter, the Company will soon be making initial deliveries of its Compact Water Systems.”

IWG Technologies Inc. is the public holding company for International Water-Guard Industries Inc., a Canadian aerospace company focused on aircraft potable water treatment, water systems, water heaters and components. IWG has expertise in all aspects of water treatment, has the products and know-how to provide high quality water for passengers and crew, and lightweight, space-saving solutions for the aircraft operator.

Bruce Gowan
Chairman of the Board

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IWG ANNOUNCES GROWTH IN REVENUES AND OPERATING INCOME FOR THE FIRST QUARTER OF FISCAL 2013

January 29, 2013
Burnaby, BC, Canada – IWG Technologies Inc. (IWG) today announced its financial results for fiscal 2013’s first quarter ended December 31, 2012.

The Company is pleased to report quarter revenue of $1,351,363 a 6% increase over the previous year’s figure of $1,269,361. Income from Operating Activities was $175,841 vs. $112,138 a 57% increase over a year earlier. Net earnings were $108,227 compared to $123,793 for last year’s first quarter. Prior year’s first quarter results benefited with a foreign exchange gain.
This year’s first quarter results provided net earnings of 0.3¢ per share compared to 0.3¢ in the prior year, on both a basic and fully diluted basis. Detailed financial statements and MD&A will be available on www.sedar.com and the company website at www.iwgtech.com.

The results are summarized as follows:
Three month period ended
December 31
Expressed in thousands of dollars 2012 2011 Change
(except per share amounts)
Revenue $ 1,351 $ 1,269 6%
Gross profit 660 668 -1%
Operating income 176 112 57%
Net Income 108 124 -13%
Net Income per Share 0.3¢ 0.3¢
EBITDA $ 211 $ 213
EBITDA per Share 0.6¢ 0.6¢

“First quarter revenue provided a continuation of revenue growth that commenced in fiscal 2012 which resulted in record margins and net profit. Operating income is also stronger but was offset in part by a weaker US$ during the quarter that reduced the Company’s net income during the quarter.” says Bruce Gowan, IWG’s Chairman.

”Revenue growth is continuing in 2013 as IWG delivers to existing contracts, the new Gulfstream 650 contract and introduces new products”, says Bruce MacCoubrey, President and CEO of International Water-Guard Industries Inc.
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IWG ANNOUNCES RECORD REVENUES AND EARNINGS FOR FISCAL 2012
November 29.2012
Burnaby, BC, Canada – IWG Technologies Inc. (IWG) today announced its financial results for the fiscal year ended September 30, 2012. All amounts are expressed in Canadian dollars unless otherwise indicated.

The Company is reporting fiscal 2012 revenue of $6,014,067 a 36% increase over the previous year’s figure of $4,431,148. Net earnings were $526,310 compared to $323,406 in the prior year (an increase of 63%). These amounts include fourth quarter revenues of $1,659,158 (a 41% increase) and net earnings of $318,067 (an increase of 92%) representing 0.8¢/share.
This year’s results provided net earnings of 1.4¢ per share compared to 0.8¢ in the prior year, on both a basic and fully diluted basis. Detailed financials including MD&A will be available on SEDAR and the company website at www.iwgtech.com.

The results are summarized as follows:
Three month period ended Year ended
September 30 September 30
Expressed in thousands of dollars 2012 2011 Change 2012 2011 Change
(except per share amounts)
Revenue $ 1,660 $ 1,175 41% $ 6,014 $ 4,431 36%
Gross profit 867 707 23% 3,205 2,540 26%
Net Income 318 166 92% 526 323 63%
Net Income per Share 0.8¢ 0.4¢ 100% 1.4¢ 0.8¢ 75%
EBITDA $ 434 $ 97 347% $ 884 $ 405 118%
EBITDA per Share 1.1¢ 0.2¢ 450% 2.3¢ 1.0¢ 130%

“Fiscal 2012 was a significant revenue growth year for the Company which resulted in record margins and net profit. All of us at IWG are very proud of this achievement” says Bruce Gowan, IWG’s Chairman.

“Fiscal 2012 proved to be a record year as IWG experienced sales growth in all product lines. The water treatment products experienced strong growth in core products and in the new IWG-A6 product that began deliveries to Gulfstream for their new 650 aircraft. The new ES On-Demand Water Heater product, introduced in the fall of 2011, resulted in higher than expected sales levels for the year. Product repairs and parts sales set a new high in annual revenue” says Bruce MacCoubrey, President and CEO of International Water-Guard Industries Inc.

As previously announced, IWG signed agreements with FACC of Austria to provide a compact water system for the Bombardier CL 300 aircraft upgrade, with Airbus Corporate Jet Center to provide water treatment units for their aircraft completions and with Embraer to install water treatment units on their Legacy aircraft. It is expected that these initiatives will provide continued growth.
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INTERNATIONAL WATER- GUARD SIGNS LONG TERM AGREEMENT WITH AIRBUS CORPORATE JET CENTRE

October 31, 2012
Burnaby, BC, Canada - IWG Technologies Inc., through its subsidiary, International Water-Guard Industries Inc. has signed a five year agreement to supply its products to the Airbus Corporate Jet Centre (ACJC). ACJC is the only company dedicated to the Airbus’ ACJ Family which offers top-quality cabin outfitting and innovative packages of nose-to-tail services to VVIP and Head of State customers. IWG will commence deliveries of its products this fall. “International Water Guard is pleased to have been chosen by ACJC to provide its innovative water system products to its customers,” says Bruce MacCoubrey, President International Water Guard. Industries Inc. “The agreement will provide IWG with the opportunity to work with this world class company and expand its business with the important VVIP market.” Established in July 2007, the Airbus Corporate Jet Centre is a 100-per cent Airbus subsidiary based at the company’s site in Toulouse.
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News Release
INTERNATIONAL WATER GUARD SIGNS WITH FACC FOR NEW WATER SYSTEM
October 30, 2012

Burnaby, BC, Canada – IWG Technologies Inc., through its subsidiary, International Water-Guard Industries Inc., is pleased to announce it has been selected by FACC AG of Austria to design, build and supply the water system for Bombardier’s CL 300 redesign program. Deliveries are to commence in the spring of 2013 and run the life of the program.

“IWG is pleased to have been selected as a partner to FACC AG a world class aviation Company and looks forward to a long term relationship with them” says Bruce MacCoubrey IWG’s President.

“This new and innovative compact water system” provides IWG the opportunity to expand its product line says Brian Ulrich V.P. Engineering and Business Development at IWG
IWG Technologies, Inc is the public holding company for International Water-Guard Industries Inc., a Canadian aerospace company providing innovative solutions and products to the aviation industry, more specifically, aircraft potable water treatment, water systems, heaters and components. These products are lightweight and compact and provide high quality temperature-controlled water for passengers, crew, and the aircraft operator.