Environmental Tectonics Corporation Stock

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This Environmental Tectonics M138 Portable Surgical Instrument and Dressing Sterilizer is used but in good condition. We cannot test this system. All gauges are clean and in good condition. All controls are in good condition. All levers and connection points are in good condition. All doors open and close well except for one slightly dented door (see photo). We do not have the necessary equipment to further test this device. However, this device comes with a 30-day satisfaction guarantee. It has everything in the picture and nothing else.

Environmental Tectonics Corporation Stock

Due to the weight and sensitivity of this item, it will be shipped. Shipping weight is 360 pounds and dimensions are 48″x40″x45″.

Environmental Tectonics M138 Portable Surgical Instrument & Dressing Sterilizer

“Sale of this product may be subject to strict US regulations.” Food and Drug Administration subject. and state and local regulatory agencies. If so, please do not bid on this item unless you are an authorized buyer. If the product is subject to FDA regulations, I will verify your status as an authorized purchaser of the product before shipping the product.

DISCLAIMER: Regardless of the origin of the equipment, the documentation provided or the marking on the equipment, the equipment described and offered here is in no way certified, endorsed or recommended for any particular use. Buyer agrees that Seller shall in no event be liable for any incidental or consequential damages related to the Equipment. By bidding on this device, buyers acknowledge and agree to the terms of this disclaimer. Yamaha 26″ 8300 Field-Corps Marching Bass Drum with Evans BD26MX1W MX1 Head Apr 19, 2021 Teledyne Isco 6712 Full Size Sewer Size Sampling Controller 60900433019 Apr 2021

This Environmental Tectonics M138 Portable Sterilizer for Surgical Instruments and Dressings is in excellent, unused condition. The device has not been used, all accessories are in the original packaging. The outer casing has a few small scratches in a few places, but the device has not been used. This device comes with a 30-day satisfaction guarantee. It has everything in the picture and nothing else.

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Due to the weight and sensitivity of this item, it will be shipped. Shipping weight is 360 pounds and dimensions are 48″x40″x45″.

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“Sale of this product may be subject to strict US regulations.” Food and Drug Administration subject. and state and local regulatory agencies. If so, please do not bid on this item unless you are an authorized buyer. If the product is subject to FDA regulations, I will verify your status as an authorized purchaser of the product before shipping the product.

DISCLAIMER: Regardless of the origin of the equipment, the documentation provided or the marking on the equipment, the equipment described and offered here is in no way certified, endorsed or recommended for any particular use. Buyer agrees that Seller shall in no event be liable for any incidental or consequential damages related to the Equipment. Buyers who bid on this device acknowledge and agree to the terms of this disclaimer, SOUTHAMPTON, PA, USA, 2022. July 8 – Environmental Tectonics Corporation (OTC Pink: ETCC) reported today for the thirteen weeks ended 2022. May 27, (hereinafter referred to as the first quarter of 2023) financial results.

Robert L. Laurent, Jr., CEO and President of ETC, stated, “We are pleased to report a 32% year-over-year increase in sales for our Commercial/Industrial Systems business and a 55% increase in advanced disasters. Control system products. While Aircrew Training Solutions’ revenue is down year-over-year, sales flow remains strong.

The net loss of ETC was 0.6 million. or loss per diluted share ($0.05) in the first quarter of 2023. fiscal quarter, compared to 2.2 million 2.8 million The USD variance was primarily due to a total of 2.4 million USD of increase in other income in 2022 related to the forgiveness of PPP loans and 0.3 mln.

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Net sales in the first quarter of 2023 5.87 million in the fiscal quarter. USD, ie decreased by only 0.2 million. USD or (3.5%) compared to 6.1 million USD in 2022 in first quarter net sales. The decrease in net sales was mainly due to low orders in 2023. at the beginning of the fiscal period. The backlog, coupled with the constant delays we experience throughout the supply chain,

Resulting in a slight decrease in first quarter revenue. Revenue from aerospace in 2023 accounted for 40% of total revenue in the first fiscal quarter, compared to 56% in 2022. in the first fiscal quarter. In addition, domestic revenue increased from 60% in the first half of 2023. fiscal quarter to 44% first 2022 fiscal quarter. Orders for 2023 2.2 million in the first fiscal quarter. $1.2 worth of environmental contracts.

In 2023 Gross profit for the first fiscal quarter was 1.6 million. USD, just under 1.7 million. USD in the first year of 2022 fiscal quarter, and gross profit increased by 0.2 percent. Changes in gross profit are the result of small changes in sales. In the first quarter, there were no factors of specific business areas that had a significant impact on the total profit.

Operating expenses, including selling and marketing, general and administrative and research and development expenses, 2023 in the first quarter amounted to 2.0 million USD, ie 0.3 million USD or 15.2% more compared to 1.7 million. USD in 2022 in the first quarter. the increase in operating expenses was primarily due to higher general and administrative expenses, primarily due to higher ETC-PZL-related expenses and general employee-related expenses.

Environmental Tectonics Corp.

Other net costs in 2023 in the first fiscal quarter was 0.1 mln. USD compared to another 2.4 million. USD revenue in 2022 in the first fiscal quarter, which is an unfavorable 2.5 million. USD change due to previous PPP accounting – loan forgiveness in 2022

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The first of 2023 quarter, the Company used 1.5 mln. USD for cash from operations, primarily due to lower contractual obligations and net losses for the period compared to just $0.1 million. USD in 2022 in the first quarter. Accounting Standards (ASC) 606, Accounts such as Contract Assets and Accounts Receivable

Cash flow from investing activities mainly relates to funds used for investments in equipment and software development. The company’s investment activities in 2023 spent $85,000 in the first quarter, compared to $41,000 in 2022. in the first quarter.

The company’s financial activities provided 1.1 million. USD cash from loans under the Company’s credit in 2023. in the first quarter compared to 1.0 million USD cash utilization in 2022 in the first quarter under the Company’s credit facility.

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This press release contains forward-looking statements that are based on management’s expectations and that are subject to change in circumstances. Words and expressions other than historical fact are intended to identify forward-looking statements, and such statements may include words such as “may,” “will,” “should,” “anticipate,” “plan,” “anticipate.” , “believe,” “estimate,” “future,” “anticipate,” “potential,” “intend” or “continue” and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial results. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions related to ETC and its subsidiaries, which could cause actual results to differ materially from the future results anticipated in these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.

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