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WORLD OF RENEWABLES Connecting a cleaner, brighter tomorrow

ONEnergy Inc. Reports Strong Second Quarter 2015 Results

August 17, 2015 · WoREA Editorial Team · World of Renewables

Q2 2015 Financial Highlights:

– Revenues increase by 250% quarter on quarter to $6.0 million

– Gross Margin increases to $1.7 million or 28% of revenues

– Adjusted EBITDA improves by 90% to a loss of $0.2 million

– Balance sheet remains strong with $8.2 million of cash and equivalents

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Read more here:: http://www.marketwired.com/mw/release.do?id=2048358&sourceType=3