2015 EPS Range of $ 0.08 to $ 0.12
SCOTTSDALE, AZ, March 4, 2014 /CNW/ - RDX TECHNOLOGIES CORPORATION ("RDX" or the "Company") (TSXV: RDX, OTCQX:
RGDEF, FSE: RL7) an energy and water treatment technology company, today announced
financial guidance for fiscal 2015 which ends March 31st, 2015.
The Company recently posted its Company presentations from the Toronto
Subscribers Investor Summit and its fiscal 2015 Financial Guidance to
the Company's website.
The Company estimates and gives guidance that franchise sales to own and
operate the Company's water treatment equipment systems are estimated
at 40 total units through fiscal 2015. Revenue is estimated at $56
million dollars. Five units were sold in fiscal 2014 representing about
$ 9.1 million dollars.
The Company estimates that revenues from our energy, water, and
equipment sales and rentals segments will approximate $29 to $51
million dollars for fiscal 2015.
The Company estimates that total revenues from all segments will
approximate $85 to $107 million dollars for fiscal 2015.
The Company is giving guidance that the EBITDA will be in the range of
$19 to $26 million dollars in fiscal 2015 and earnings per share are
estimated in the range of $ 0.08 to $ 0.12 per share.
Dennis M. Danzik, Chief Executive Officer of RDX, stated, "Our employees
continue to deliver exceptional customer value and are highly focused
on the execution of our business plan. In addition our franchise and
owner operator opportunities are attracting exceptional candidates in
the United States, Canada, and Europe. Our backlog of interested
applicants for franchise and owner operator facilities now exceeds 50
Danzik added "In anticipation of our continued growth, RDX will open
additional sales offices in multiple geographic locations, including
internationally, targeting energy customers, franchise sales, and water
treatment opportunities. Shortly, we will be launching a new marketing
campaign to inform the public about our Company and its products and
services. This month RDX will be featured in a Forbes advertising
section for Platts, and it will mark our first national advertising
efforts with a full page ad that highlights and emphasizes our energy
program for diesel fuel users in the United States and Canada. We are
planning additional programs in the future; including major energy and
water conference attendance, in the U.S., Canada and Europe."
About RDX Technologies Corporation
RDX Technologies Corporation is an energy and water treatment technology
company. The Company is applying proprietary technology to refine
liquid fuels from materials mined from waste water generated from
industrial and commercial sources. These markets include a wide variety
of clients across a broad spectrum of industries. The Company trades on
the TSX Venture Exchange under the symbol "RDX", the OTCQX as "RGDEF"
and the Frankfurt Stock Exchange as "RL7".
ON BEHALF OF THE BOARD OF DIRECTORS
"Dennis M. Danzik"
Dennis M. Danzik, CEO
"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release. This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
Such information is subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those stated,
anticipated or implied in the forward- looking information. Readers are
cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
SOURCE: RDX Technologies Corporation
For further information:
David Waldman at Crescendo Communications