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SHARC Intl Sys Inc (INTWF) is a leading provider of wastewater heat exchange solutions, specializing in wastewater energy recovery systems. The company's innovative technology harnesses the thermal energy from wastewater, offering sustainable and cost-effective heating and cooling solutions for residential, commercial, and industrial applications. With a strong focus on environmental sustainability, SHARC Intl Sys Inc continues to expand its market presence and drive innovation in energy-efficient solutions.
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SHARC International Systems Inc. experiences a significant acceleration in pipeline conversion, leading to a 120% increase in Sales Order Backlog, equating to an additional $1.8 million CDN. The Company's innovative PIRANHA and SHARC WET systems are gaining momentum with new projects in submittals, showcasing growth in various sectors like universities, water utilities, and correctional facilities. International sales interest is also on the rise, indicating promising opportunities for SHARC Energy.
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SHARC International Systems Inc. announces a purchase order for four PIRANHA T15 Wastewater Energy Transfer (WET) systems to be installed in a 26-story mixed-use development in downtown Berkeley, California. This marks the largest single PIRANHA installation in the Company’s history and the first SHARC Energy installation in California. The project aims for LEED Gold certification, leveraging the PIRANHA WET system's capability to efficiently extract thermal energy from wastewater. The system demonstrates exceptional performance, generating four dollars' worth of output for every dollar of energy used. The installation not only reduces greenhouse gas emissions but also provides operational cost savings. SHARC Energy's President and CEO, Lynn Mueller, expresses satisfaction in supporting sustainable development through this installation, while CHC Hydro's Division Business Development Manager, David Anderson, highlights the efficiency of the PIRANHA and the bright future of WET on the West Coast.
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SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) announces filing of financial results for the nine months ended September 30, 2023, with highlights including a 6% growth in sales pipeline and a 38% reduction in sales order backlog, along with a 567% increase in Q3 2023 revenue compared to Q3 2022.
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SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) announces the successful completion of testing for its PIRANHA Wastewater Energy Transfer system, obtaining the ETL listed mark indicating compliance with North American standards. This certification is expected to facilitate market penetration in North America, boost customer confidence, and increase demand for the product, positioning SHARC Energy as a leader in the industry.
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SHARC Energy collaborates with King County and Alexandria Real Estate Equities to unveil a sewer heat recovery system in Seattle
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SHARC Energy appoints Dermot Sweeny, President and Founder of Sweeny&Co Architects Inc., to its Board of Directors. Sweeny's expertise in sustainable architectural design aligns with SHARC Energy's mission. His appointment highlights the company's commitment to sustainability and creating value for shareholders.
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SHARC Energy welcomes sustainable architect Peter Busby to its board of directors, leveraging his expertise to engage with architects worldwide and drive lead generation for its products.
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SHARC Energy receives purchase order for SHARC WET system for Whitney Young Manor recapitalization project in New York
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SHARC Energy files financial results for Q2 2023, reports minor growth in sales pipeline and 20% increase in sales order backlog. Becomes debt-free after converting $3.95M of convertible debt. Revenue increased 173% over Q2 2022. Gross margin for YTD 2023 was 44.5% compared to 29.9% for YTD 2022. Appoints Michael Albertson as SHARC US President. Commences work on False Creek NEU Expansion project. Forms $200M strategic partnership with Subterra Renewables. Receives purchase order for $1.2B development in Brooklyn. Installs PIRANHA system in Snowmass Base Village and Ottawa. Raises $3.98M through security exercises. Positive outlook for WET industry due to supportive regulations and funding.
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SHARC Energy receives purchase order for a SHARC 660 WET system in Brooklyn redevelopment project
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FAQ
What is the current stock price of SHARC INTL SYS (INTWF)?
The current stock price of SHARC INTL SYS (INTWF) is $0.101 as of December 23, 2024.
What is the market cap of SHARC INTL SYS (INTWF)?
The market cap of SHARC INTL SYS (INTWF) is approximately 18.2M.
What does SHARC Intl Sys Inc specialize in?
SHARC Intl Sys Inc specializes in wastewater heat exchange solutions, offering sustainable and cost-effective heating and cooling solutions.
What type of applications can benefit from SHARC Intl Sys Inc's technology?
Residential, commercial, and industrial applications can benefit from SHARC Intl Sys Inc's innovative technology.
What sets SHARC Intl Sys Inc apart from its competitors?
SHARC Intl Sys Inc stands out for its focus on environmental sustainability and its commitment to driving innovation in energy-efficient solutions.
Who is SHARC Intl Sys Inc's representative in the New England region?
HTS New England, a leading HVAC representative, is SHARC Energy's partner in the New England region.
What are some key metrics used by SHARC Intl Sys Inc?
Sales Pipeline, Sales Order Backlog, and Adjusted EBITDA are some key metrics used by SHARC Intl Sys Inc.
How does SHARC Intl Sys Inc contribute to sustainability?
SHARC Intl Sys Inc contributes to sustainability by providing innovative technology that harnesses thermal energy from wastewater for heating and cooling purposes.
Where can I find more information about SHARC Intl Sys Inc's financial performance?
For detailed financial performance discussions, refer to the latest Management Discussion & Analysis reports available on the company's website.
What regions does SHARC Intl Sys Inc operate in?
SHARC Intl Sys Inc operates in various regions, with a growing presence in New England and a focus on expanding its market reach.
How does SHARC Intl Sys Inc drive innovation?
SHARC Intl Sys Inc drives innovation by continuously developing and improving its wastewater energy recovery systems, staying at the forefront of sustainable heating and cooling solutions.
What partnerships does SHARC Intl Sys Inc have?
SHARC Intl Sys Inc has partnerships with key players in the HVAC industry, such as HTS New England, to support its market presence and promote sustainable solutions.
SHARC INTL SYS INC
OTC:INTWF
INTWF Rankings
INTWF Stock Data
18.21M
130.95M
15.88%
Pollution & Treatment Controls
Industrials
United States of America
Port Coquitlam