Welcome to our dedicated page for Atlantic Pwr & Infrastructure news (Ticker: AWSL), a resource for investors and traders seeking the latest updates and insights on Atlantic Pwr & Infrastructure stock.
Atlantic Pwr & Infrastructure Corp (AWSL) delivers innovative solutions through recycled tire technologies and environmental systems. This news hub provides investors and industry professionals with timely updates on product developments, financial milestones, and sustainability initiatives.
Key resources include: Earnings reports detailing Flexi®-Pave adoption rates, partnership announcements with municipal entities, and advancements in Next Generation Agriculture technologies like the Ascogel bio-stimulant. All content is curated to support informed decision-making without promotional bias.
Regular updates cover three core areas: 1) Infrastructure project deployments 2) Agricultural innovation progress 3) Environmental remediation developments. Bookmark this page for centralized access to AWSL's latest achievements in creating durable, eco-friendly solutions for urban and agricultural challenges.
Atlantic Power and Infrastructure Corp. (AWSL) reported a remarkable 135% increase in revenues year-over-year for Q2 2022, totaling $2.1 million, up from $0.9 million in Q2 2021 and 39% higher than the $1.5 million in Q1 2022. The company achieved profits of $0.3 million, driven by operating profits of $0.4 million. For the first six months of 2022, revenues reached $3.5 million, compared to $1.1 million in the same period last year. The significant growth is attributed to the acquisition of K.B. Industries, contributing notably to the total revenues.
Atlantic Power & Infrastructure Corp. (AWSL) announces rising demand for its Flexi-Tile, an eco-friendly solution designed to mitigate stormwater runoff pollution. As cities recognize the environmental benefits, more regulations are emerging, encouraging developers to utilize this product. The company reports sales of over 20,000 tiles and anticipates significant market growth ahead. CEO Kevin Bagnall emphasizes the product's dual benefit of environmental protection and potential land value increase. Flexi-Tile, part of the innovative Flexi-Pave technology, supports sustainable infrastructure development.
Atlantic Power and Infrastructure Corp. (OTC PINK: AWSL) has successfully completed the installation of its proprietary Flexi®-Pave at Bridgeport's Seaside Park, enhancing a 1,380 ft jogging track. This environmentally friendly technology, derived from recycled tires, aims to improve drainage and reduce maintenance costs. The new surface is designed to withstand flooding and salt corrosion, crucial for the coastal location. The project utilized nearly 13,800 square feet of Flexi®-Pave, recycling over 4,500 used tires, marking a significant step in sustainable infrastructure development.
Atlantic Power & Infrastructure Corp. (OTC PINK:AWSL) reports strong Q1 2022 financial results, showcasing impressive year-over-year growth. Sales reached $1,479,855, a remarkable 623% increase from Q1 2021's $237,267. The company also recorded a net profit of $188,588 compared to a net loss of $(142,442) in the previous year.
President & CEO Kevin Bagnall emphasized the robust demand for their Flexi®-Pave product as a contributing factor to this growth. For more details, visit the company's financial report on OTC Markets.
Atlantic Power and Infrastructure's subsidiary, KB Industries, reported success with its Flexi®-Drain technology in Tampa's Eleta Street Entertainment District, installed in February 2020. Following significant flooding issues, this environmentally friendly solution has drastically improved drainage without the need for disruptive construction. As of May 2022, inspections confirm optimal performance, allowing over 3,000 gallons per square foot per hour of water to pass through. Notably, the Flexi®-Drain system also helps filter stormwater, removing up to 86% of pollutants.
Atlantic Power & Infrastructure Corp. (OTC PINK: AWSL) announced the successful installation of its Flexi®-Pave product in New Rochelle, NY. Tri-State Flexi-Pave, Inc. completed 9,500 sq. ft. of walking trails and a 1,250 sq. ft. vehicle pad. The project received positive feedback for its durability and stormwater management capabilities. Flexi®-Pave is made from recycled tires, offering sustainability and strength for various infrastructure applications. Recent installations include notable sites like Yellowstone National Park and the Atlanta Beltline, showcasing the product's versatility and appeal.
Atlantic Power & Infrastructure Corp. (OTC PINK:AWSL) reported impressive financial growth in 2021, with sales increasing by 55% to USD $3,619,901 and net income rising 498% to USD $224,152. Total assets surged by 378% to USD $3,537,995. The company highlighted successful installations of its Flexi®-Pave product across various high-profile projects and acquired a 54% stake in KB Industries UK Ltd. Additionally, AWSL is negotiating to acquire a tire recycling facility, enhancing its vertical integration in recycled tire granules for construction applications. Future updates are anticipated.
Atlantic Power & Infrastructure Corp. (OTC PINK: AWSL) announced the successful installation of its Flexi®-Pave product in the UK, utilizing 2,590 used tires for the HS2 high-speed train link project. This installation covers 970 sq meters and is recommended by the British Horse Society, meeting HS2's sustainability and longevity standards. The project is anticipated to save 56,978 kg of CO2 emissions. The success opens prospects for Flexi®-Pave in further high-profile projects.
Atlantic Power & Infrastructure (OTC PINK: AWSL) announced the completion of a 10,000 ft installation of its Flexi®-Pave at Moorings Park in Naples, FL, with an additional 3,000 ft set for installation soon. Flexi®-Pave is favored for its comfort, porosity, and aesthetic appeal, catering to property owners and managers. The product, made from recycled tire material, is utilized for various infrastructure applications, including stormwater management. The technology has established a strong reputation, leading to increasing installations nationwide.
Atlantic Power & Infrastructure Corp. (OTC PINK: AWSL) has successfully completed the installation of its proprietary Flexi®-Pave at the newly opened 'Pump Track' in North Little Rock, Arkansas, aimed at enhancing wheeled sports facilities. This innovative paving solution replaces traditional grass, offering superior drainage and low maintenance. Flexi®-Pave's robust design supports various wheeled sports while ensuring sustainability through recycled tire material. The project aligns with growing interest in pump tracks, especially with upcoming global competitions.
