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July 03, 2015 8:41 AM ET

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Company Overview of Environmental Solutions Worldwide Inc.

Company Overview

Environmental Solutions Worldwide, Inc., through its subsidiaries, designs, develops, manufactures, and sells diesel emissions control technologies primarily in North America. It operates in two segments, Air Testing Services and MHDD Diesel Emission Control. The company’s products include ThermaCat active diesel particulate filter, a level three plus technology for use in a range of on- and off-road engine applications, including exhaust gas recirculation engines; LongMile-S, a level three plus passive diesel particulate filter for use in diesel engines operating in on-road vehicles; and Horizon, a level three plus active diesel particulate filter used in diesel engines operating in on-road...

200 Progress Drive

Montgomeryville, PA 18936

United States

Founded in 1987

51 Employees

Phone:

215-699-0730

Fax:

215-699-1518

Key Executives for Environmental Solutions Worldwide Inc.

Chief Financial Officer, Principal Accounting Officer and Chief Administrative Officer
Age: 41
Total Annual Compensation: $163.0K
Chief Operating Officer
Age: 57
Total Annual Compensation: $180.0K
Chief Commercial Officer
Age: 40
Total Annual Compensation: $180.0K
Director of Engineering
Age: 51
Total Annual Compensation: $155.3K
Compensation as of Fiscal Year 2014.

Environmental Solutions Worldwide Inc. Key Developments

Environmental Solutions Worldwide Inc. Files Form 15

Environmental Solutions Worldwide Inc. announced that it has filed Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock of par value $0.001 per share under the Securities Exchange Act of 1934, as amended.

Environmental Solutions Worldwide Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Environmental Solutions Worldwide Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of $5,240,626 against $5,497,125 a year ago. Income from operations was $607,392 against $955,643 a year ago. Net loss before provision for income taxes was $1,029,395 against net income before provision for income taxes of $3,729,230 a year ago. Basic and diluted net loss per share was $7.40 against basic and diluted net earnings per share of $32.87 a year ago. For the nine months, the company reported revenue of $20,276,171 against $10,242,470 a year ago. Income from operations was $4,668,624 against loss from operations of $2,462,854 a year ago. Net profit before provision for income taxes was $834,536 against net loss before provision for income taxes of $853,222 a year ago. Diluted net earnings per share were $6.02 against basic and diluted net loss per share of $7.55 a year ago. Net cash generated from operating activities was $5,018,717 against net cash used in operating activities of $1,688,815 a year ago. Acquisition of property, plant and equipment was $142,829 against $349,176 a year ago. Additions to property, plant and equipment under construction was $437,387 against $288,231 a year ago. EBITDA was $5,201,847 against LBITDA of $59,166 a year ago.

Environmental Solutions Worldwide Inc. Announces Unaudited Consolidated Earnings Second Quarter and Six Months Ended June 30, 2014

Environmental Solutions Worldwide Inc. announced unaudited consolidated earnings second quarter and six months ended June 30, 2014. For the six months, the company reported revenue of $15,035,545 against $4,745,345 a year ago. Income from operations was $4,055,389 against loss from operations of $3,425,381 a year ago. Net income before provision for income taxes was $1,863,930 against net loss before provision for income taxes of $4,582,452 a year ago. Diluted net earnings per share were $12.88 against LPS of $40.44 a year ago. Net cash generated from operating activities was $2,738,825 against cash used in operating activities of $2,244,935 a year ago. Additions to property, plant and equipment under construction was $55,979 against $55,118 a year ago. Acquisition of property, plant and equipment was $300,405 against $275,688 a year ago. EBITDA was $4,454,762 against LBITDA of $1,178,507 a year ago. For the quarter, the company reported revenue of $8,039,961 against $3,289,503 a year ago. Income from operations was $2,225,356 against loss from operations of $2,507,681 a year ago. Net income before provision for income taxes was $1,442,708 against net loss before provision for income taxes of $3,951,766 a year ago. Diluted net earnings per share were $9.60 against LPS of $34.71 a year ago.

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