Envirosuite (ASX:EVS) is a Melbourne headquartered company providing systems which allow to measure and manage the environmental impact of their customers sites (like e.g. airports - noise, mining & waste water - smell and water pollution).
EVS managed to secure some quite significant customers (like e.g. Singapore - water supply, various large international airports - Istanbul, international ports, city councils - e.g. Madrid, various mines and industrial sites - like steelworks in the UK and South America).
Income is a combination of project based and annual recurring and - consistently rising. Revenue CAGR slightly above 25. Earnings still negative but close to break-even ... and future looks promising: Airports are waking up from their Covid slumber and environmental requirements seem to rise in most parts of the world.
www.envirosuite.com
They released today their latest quarterly sales update:
https://www.directbroking.co.nz/DirectTrade/dynamic/announcement.aspx?id=6069732
Still early days ... but in my view promising.
Discl: Hold a small parcel;