2015 EPS Range of $ 0.08 to $
0.12
SCOTTSDALE, AZ,
March 4, 2014 /PRNewswire/ - 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
units."
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
danzikdirect@rdxh2o.com
"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 or achievements."
SOURCE RDX Technologies Corporation
