Blumetric Environmental (BLM) Planet MicroCap Las Vegas 2026 summary

Company overview and market position

• Over 50 years in decentralized water and infrastructure, with 335 employees and 16 offices.

• Serves commercial, industrial, government, military, and mining sectors, with a diversified client base.

• Recognized as a leader in water scarcity, aging infrastructure, and military water solutions.

• Expanded footprint from Canada to North America and the Caribbean, driven by recent acquisitions.

• Recurring revenue focus through operation and maintenance contracts and long-term client relationships.

Financial performance and growth strategy

• Achieved CAD 62.6 million in revenue and CAD 2.4 million in adjusted EBITDA last year.

• Projected revenue for this year is CAD 80–85 million, up from CAD 35 million three years ago.

• Maintains a strong balance sheet with no debt and cash reserves, supporting ongoing growth.

• Recent acquisitions include Gemini Water (Florida) and DS Consultants (Toronto), with integration underway.

• Targets 10% EBITDA at CAD 100 million revenue, with a 50/50 split between WaterTech and professional services.

Operations, innovation, and client solutions

• Provides end-to-end water and wastewater solutions, from assessment to operation and maintenance.

• Delivers mission-ready water systems for military clients, supporting Canadian and expanding U.S. operations.

• Developed proprietary technology for encapsulating lead in plumbing, extending asset life.

• Focuses on scalable WaterTech growth, especially in 2–6 million gallon/day systems.

• Expanding manufacturing capacity in Gainesville, Florida, to meet increased demand.