Last $0.21 USD
Change Today +0.085 / 70.83%
Volume 120.0K
HLOUF On Other Exchanges
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As of 8:10 PM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

halosource inc - di (HLOUF) Snapshot

Open
$0.21
Previous Close
$0.12
Day High
$0.21
Day Low
$0.21
52 Week High
01/10/14 - $0.31
52 Week Low
04/22/14 - $0.08
Market Cap
32.1M
Average Volume 10 Days
12.0K
EPS TTM
--
Shares Outstanding
156.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HALOSOURCE INC - DI (HLOUF)

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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.

119 Employees
Last Reported Date: 09/9/14
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. Announces Partnership with Jarden Consumer Solutions

HaloSource, Inc. announced its partnership with Jarden Consumer Solutions to launch a line of Oster® drinking water pitchers powered by HaloSource's HaloPure® water purification technology. The initial launch is targeting Chile, Peru and Colombia, marking the first commercial deployment of HaloSource's HaloPure® water disinfection technology in Latin America. The Oster® brand's distribution strengths include hypermarkets, department stores and warehouse club stores. By 2018, the Point of Entry /Point of Use (PoE /PoU) water filtration and purification industry is expected to reach USD 16 billion in global sales according to a 2012 report by Verify Markets. HaloPure® is the enabling technology in these type of devices in China and India, through strategic partners that include Perfect Water Manufacturing Co. Ltd. and Eureka Forbes Limited, respectively. Partnering with Jarden Consumer Solutions entry into the fast growing Latin American market reinforces HaloSource's strategy of increasing the penetration of its drinking water purification technology around the globe through strong commercial partners.

HaloSource, Inc. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014; Provides Cash Flow Guidance for the Second Half Year of 2014

HaloSource, Inc. announced unaudited consolidated earnings results for the six months ended 30 June 2014. For the period, the company reported revenue of $7,302,000 against $5,882,000 a year ago. Operating loss was $5,522,000 against $6,854,000 a year ago. Loss before income taxes was $5,665,000 against $7,007,000 a year ago. Net loss was $5,665,000 against $7,013,000 a year ago, driven by a combination of both improved gross margins and decreased operating expenses. Basic and diluted net loss per share was $0.04 against $0.04 a year ago. Net cash used in operating activities was $4,723,000 against $7,069,000 a year ago. Purchase of property and equipment was $86,000 against $223,000 a year ago. The company expects to continue to reduce cash flows used in operations in the second half of 2014.

HaloSource, Inc. Announces Earnings Results for the Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year of 2014

HaloSource, Inc. announced earnings results for the six months ended June 30, 2014. For the period, the company announced total revenues increased 24% to $7.3 million compared to $5.9 million a year ago due to revenue growth across each segment of the business. The company significantly reduced its cash burn by 35% compared to the first half of 2013, and ended the period with $8.3 million in cash. Management remains confident that revenue and net earnings for the full year will be in line with market expectations.

 

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