Pwrcor, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 11:56 am
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PwrCor, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 186,384 compared to USD 246,696 a year ago. Net loss was USD 210,869 compared to USD 29,440 a year ago. For the half year, total revenue was USD 372,629 compared to USD 596,634 a year ago. Net loss was USD 282,403 compared to USD 80,086 a year ago.
PwrCor, Inc. (PwrCor) is a cleantech energy technology company. The Company is developing advanced, novel solutions in the waste-heat-to-energy, geothermal, clean water, hydrogen production, and other markets. With its heat conversion technology, it is able to produce cost-effective mechanical or electric power from wasted heat-from low-grade heat in the 250 to 400 F range down to ultra-low temperatures in the 140 to 250 F range. PwrCor technology can be used to convert low levels of heat from any source, including industrial, geothermal, or solar, into sufficient mechanical power to drive reverse osmosis equipment wherever there is access to water, including sea water, without even having to produce electricity. PwrCor technology is also positioned to facilitate the Energy Transition initiative by creating power from heat generated in the production of Hydrogen and Ammonia, as well as from fuel cells, thereby reducing cost of operations.
PWRCOR, INC. 
