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halosource inc - di (HLOUF) Snapshot

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08/2/13 - $0.31
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halosource inc - di (HLOUF) Details

HaloSource, Inc., a clean water technology company, develops and manufactures products, and out licenses proprietary technology for the water treatment and antimicrobial coatings markets worldwide. The company operates in four segments: Water Purification, Recreational Water, Environmental Water, and Anti-Microbial Coatings. Its technologies are based upon proprietary polymer chemistries that can be applied to commonplace starting materials in a range of applications. The company’s proprietary technologies are used for drinking and recreational water, textile coatings, and environmentally friendly wastewater recycling. Its products include HaloPure, a water-purification technology that helps make drinking water cleaner and safer; pool products, including pool maintenance, pool stain treatment, pool remedy, and mighty pod products, as well as AquaPill products for pools; and hot tub products comprising hot tub sanitizers, hot tub adjusters, hot tub filter cleaners, hot tub care kits, and hot tub water treatment products, as well as balanced shock oxidizers. The company’s products also comprise also provides natural biopolymers, plant-based polymers, hybrid polymers, and nutrient controls, as well as accessories; and freshcare towels and underpads. It markets its products under the brand names of HaloPure, HaloShield, SeaKlear, AquaPill, PoolMark, HaloKlear, StormKlear, and Mighty Pods. The company was founded in 1998 and is headquartered in Bothell, Washington.

126 Employees
Last Reported Date: 03/26/14
Founded in 1998

halosource inc - di (HLOUF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $475.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $280.5K
Compensation as of Fiscal Year 2013.

halosource inc - di (HLOUF) Key Developments

HaloSource, Inc. and Rain for Rent Alliance to Accelerate the Delivery of Enhanced Water Filtration Solutions

HaloSource, Inc. and Rain for Rent announced that they have signed a strategic partnership to provide customers with enhanced water filtration solutions. This alliance delivers customers a single source solution that cost effectively meets water discharge standards on their jobsites in an environmentally responsible way. The HaloKlear portfolio of eco-friendly polymer technologies addresses a wide variety of pollutants and contaminant types including total suspended solids, algae, hydrocarbons, heavy metals, oils and organic compounds. The strategic partnership is targeting a significant share of the USD 1.9 billion domestic market for flocculent chemicals, focused in construction, environmental, simple mining and industrial applications. Strategies to win more of that business include digital marketing targeting new and existing Rain for Rent customers, lead sharing and cobranding proposals and marketing materials.HaloSource estimates annual revenues of USD 500,000 will be achieved from this Alliance.

HaloSource, Inc. Announces Unaudited Consolidated Earnings Results for the Year Ended December 31, 2013

HaloSource, Inc. announced unaudited consolidated earnings results for the year ended December 31, 2013. For the year, the company announced revenue, net of $16,063,000 compared to $13,271,000 for the same period a year ago. Operating loss was $12,028,000 compared to $12,257,000 for the same period a year ago. Loss before income taxes was $12,420,000 compared to $12,363,000 for the same period a year ago. Net loss was $12,463,000 compared to $12,401,000 for the same period a year ago. Net loss per share, basic and diluted was $0.08 compared to $0.14 for the same period a year ago. Net cash used in operating activities was $12,367,000 compared to $11,168,000 for the same period a year ago. Purchase of property, plant and equipment was $1,365,000 compared to $991,000 for the same period a year ago. Group revenue for 2013 increased 21% year-on-year, driven by significant growth in the company's Recreational Water revenue to $11.4 million (up 30% from $8.7 million in 2012) and Drinking Water revenue to $3.2 million (up 50% from $2.1 million in 2012). The net loss for the year was essentially unchanged from 2012, which includes the impact of non-cash costs related to share based compensation of $0.6 million and $0.7 million in 2013 and 2012.

HaloSource, Inc. to Report Fiscal Year 2013 Final Results on Mar 25, 2014

HaloSource, Inc. announced that they will report fiscal year 2013 final results on Mar 25, 2014


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