DEM
Director Trades
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Company News
De.mem Acquires Core Chemicals to Expand Gold Sector Services Exposure
De.mem (ASX: DEM) has signed a binding agreement to acquire 100% of Perth-based Core Chemicals, a specialist supplier of process chemicals and services to the gold mining industry, for $2.68 million in cash (85%) and scrip (15%). The company will fund the acquisition through a $3m equity placement and a $500,000 shareholder loan, with completion expected […]
De.mem secures $550,000 wastewater treatment contract with AGL Energy
Australian-Singaporean wastewater treatment company De.mem (ASX: DEM) has won a $550,000 milestone contract with AGL Energy (ASX: AGL) for the supply of water treatment equipment to an Australian power station. The contract is another win for De.mem in the Australian power generation sector and follows a $400,000 purchase order in September from an undisclosed power station. That deal will […]
De.mem to make strategic acquisition of Perth-based chemicals company Capic
Australian-Singaporean water and wastewater treatment company De.mem (ASX: DEM) has made moves to acquire Perth-based chemicals company Capic in a $5.1 million deal which will allow it to diversify into the Western Australian market. Capic is an established supplier of chemicals for water treatment applications, focusing on “high value add”, high-margin, specialty products including scale and corrosion […]
De.mem eyes strong 2021 outlook driven by growing revenues and momentum
Water and wastewater treatment company De.mem (ASX: DEM) is forecasting a strong outlook for 2021 driven by visible revenues and positive operating momentum, according to its consolidated 2020 full-year financial report. The Australian-Singaporean company has confirmed its first positive quarter of operating cash flow was achieved in December 2020 of $544,000 – a milestone it […]
De.mem achieves 2020 revenue guidance, maiden positive cash flow
Water treatment technology developer De.mem (ASX: DEM) has achieved its upgraded guidance for 2020 with the company hitting a new quarterly record and receiving $16 million in cash receipts for the year. After a record September quarter, De.mem revealed an updated guidance for calendar year 2020 to $15-$18 million – up from the previous range […]
Strict wastewater regulations and growing customer-base spur adoption of De.mem’s technology
As decentralised water treatment company De.mem (ASX: DEM) heads for another record quarter, it anticipates up to $18 million in cash receipts for the 2020 calendar year. Shoring up the De.mem’s success is its proprietary membrane filtration technology and the rising need for advanced water treatment options worldwide. Speaking with Small Caps, De.mem chief executive […]
De.mem posts record September quarter, anticipates even better performance in December period
Water and wastewater treatment company De.mem (ASX: DEM) has revealed a record September quarter, with company receiving its highest ever quarterly cash inflows of $3.7 million. This was also added to with record customer orders of $4.5 million for water treatment equipment. As a result of the positive quarterly cash influx, De.mem has updated its […]
De.mem inks deal to acquire German industrial waste water treatment company
Australasian water treatment company De.mem (ASX: DEM) is set to acquire a majority shareholding in German industrial waste water treatment firm Geutec Umwelt-und Abwassertechnik GmbH following a binding agreement announced today. The $915,000 cash transaction will see De.mem acquire 75% of Geutec, valued at approximately five times Guetec’s normalised earnings before tax. De.mem will reserve […]
De.mem kicks off 2019 with water treatment contract for Rio Tinto
Water and wastewater treatment company De.mem (ASX: DEM) has added to its order book after clinching a year-long operations and maintenance contract with Rio Tinto (ASX: RIO). The new contract will see the company manage the potable and waste water treatment plants at the mining firm’s Amrun bauxite mine in Queensland’s Cape York Peninsula. Valued […]
De.mem hits 2018 revenue guidance and targets growth for year ahead
Water and wastewater treatment company De.mem (ASX: DEM) has achieved its revenue target for 2018, with the company marking a record year-on-year sales growth of 262%. Based on the preliminary unaudited accounts, the group’s 2018 accounting revenues are at $10.5 million which is within its previous stated guidance of $10-$12 million. This compares to the […]
