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MycelxTechCorpCom USD0.025(DI) (MYX)

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26-May-2021 09:07 AM

Mycelx Technologies losses deepen as revenue slips

Clean water and air group Mycelx Technologies booked a deeper annual loss after weakness in the oil and gas sector hurt sales. Pre-tax losses for the year through December amounted to $5.7 million, compared to year-on-year losses of $2.5 million. '
14-May-2021 09:27 AM

MYCELX wins capacity upgrade contract at Australian Department of Defence location

Clean air technology firm MYCELX has announced a capacity upgrade of its PFAS system at an Australian Department of Defence location. The capacity upgrade contract was awarded after arobust performance, within budget, as well as allowing the customer to
02-Mar-2021 09:49 AM

Mycelx Technologies touts 'strong' start to 2021 after contract extensions

Clean water and air technology group Mycelx Technologies said it had made a strong start to the year, thanks to contract wins, following a difficult 2020. The company said it had secured two project extensions with customers in Saudi Arabia. Mycelx also
27-May-2020 09:04 AM

Mycelx Technologies swings to loss as revenue more than halves

Clean water technology group Mycelx Technologies swung to a full-year loss and said it faced a challenging year ahead amid pressure on its customers in the oil and gas sector. Pre-tax losses for the year through December amounted to $2.5m, compared to a
14-Apr-2020 02:36 PM

Mycelx Technologies implements 15% pay cut as market conditions worsen

Clean water technology company Mycelx Technologies said market conditions had deteriorated further following a slide in oil prices and the Covid-19 crisis. The company said it nevertheless remained operational and continued to function in shipping, produ
05-Mar-2020 09:28 AM

MYCELX sees strong revenue in 2019

Clean water technology company, MYCELX Technologies Corporation, achieved revenue of $11.9 million in 2019, in line with its expectations. Following a continued push into the Middle East and Nigeria, MYCELX has announced the signing of three new purchas
16-Sep-2019 02:13 PM

Mycelx Technologies profit hit by delayed contract bids

Clean-water technology company Mycelx Technologies posted a lower first-half profit after sales were hit by delayed project bids. The company also warned that revenue in the second half would be at the lower end of its current forecasts. Pre-tax profit
13-Feb-2019 01:18 PM

Mycelx Technologies beats annual guidance after strong December

Clean-water technology company for the energy and industrial sectors Mycelx Technologies Corporation said it had beaten its profit expectations following a strong December. The company said it exceeded previous guidance for the year through December by a
27-Jul-2018 09:25 AM

Mycelx Technologies lifts revenue guidance after Saudi Arabia contract win

Clean water technology group Mycelx Technologies increased its annual revenue forecast after it secured a waste water contract extension with Sabic in Saudi Arabia. Revenue in 2018 was now expected to reach $19-$20m, the company said. At 9:25am: (LON:M
19-Apr-2018 08:23 AM

MYCELX Technologies secures new purchase order

MYCELX Technologies, a clean water technology company, has secured a new purchase order in Saudi Arabia and has sold equipment in Australia. The new purchase order is for a three-month extension for the rapid response unit that was placed in February 20
17-Jan-2018 07:58 AM

Mycelx Technologies upgrades guidance

Mycelx Technologies Corporation upgraded its guidance after securing two purchase orders from Saudi Arabian chemicals company SABIC. The orders, for the deployment of water treatment systems, generated greater revenue than anticipated. As such the compa
12-Jul-2017 01:01 PM

All resolutions passed at AGM of MyCelx

MyCelx Technologies has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:01pm: (LON:MYX) MyCelx Technologies Corporation share price was 0p at 97.5p (LON:MYXR) Mycelx Technologies Corporation Co
07-Jul-2017 07:49 AM

MyCelx says H1 revenues in line with expectations

MyCelx Technologies Corp confirmed its H1 2017 revenues were in line with the directors' expectations. This followed an active first half of the year which, as previously announced, included the first contract award in the Nigerian Oil and Gas mark
09-Jun-2017 02:59 PM

MyCelx confirms date of AGM

MyCelx Technologies Corporation has confirmed that the Annual General Meeting of the Company is to be held on 12 July. At 2:59pm: (LON:MYX) MyCelx Technologies Corporation share price was 0p at 87.5p (LON:MYXR) Mycelx Technologies Corporation Com Sh
26-May-2017 08:52 AM

Mycelx wins contract with SABIC affiliate customer

Mycelx Technologies Corp has announced a contract win with a new SABIC affiliate customer, for up to $1.1m. The contract was to deploy in-country rental fleet equipment to manage the oily water treatment needs for a new SABIC-affiliate customer. "
11-May-2017 09:50 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on MyCelx Technologies Corporation

Cantor Fitzgerald today initiates coverage of MyCelx Technologies Corporation (LON:MYX) with a buy investment rating and price target of 112p. Story provided by
08-May-2017 07:24 AM

Mycelx Tech wins first contract in Nigerian O&G market

Mycelx Technologies Corporation has been awarded its first contract in the Nigerian Oil and Gas market. It would provide an onshore water treatment solution to a leading independent oil and gas producer focused on the development of its current reserves
30-Jan-2017 09:08 AM

MyCelx confident of FY results in line with views

MyCelx is confident it will be able to report FY results in line with market expectations, and show that MyCelx had successfully achieved an operationally cash-flow neutral position, in line with its stated target. "Throughout 2016, MyCelx continued
14-Sep-2016 07:39 AM

MyCelx's H1 pretax loss steady

MyCelx Technologies has posted a stead H1 pretax of $1.4m, from a year-earlier loss of $1.3m. Revenue was down at $3.9m, from $8.7m. CEO Connie Mixon said: "During the first half of the year the Company met key milestones in its cost reduction prog
11-Jul-2016 07:26 AM

MyCelx's revenue

MyCelx Technologies said its H1 2016 revenues were in line with expectations and that it has delivered on its commitment to be cash neutral from operations for the last twelve months. "The expense control measures that were put in place will contin
24-Jun-2016 07:05 AM

MYCELX agreement with Schlumberger company

Clean water tech firm MYCELX Technologies (MYX) entered an exclusive marketing and distribution agreement with Cameron, a Schlumberger company. The agreement provides Schlumberger exclusive rights to distribute MYCELX products in the upstream market. I
17-May-2016 09:04 AM

MyCelx narrows FY pretax loss

MyCelx has narrowed its FY pretax loss to USD3.2m, from a prior-year loss of USD5.5m. Revenue was steady at about USD13.6m. The comparative period was swayed by selling, general and administrative expenses of USD11.5m, versus USD9.6m more recently. At
20-Aug-2015 07:51 AM

MyCelx says CFO to depart

MyCelx Technologies Corp said CFO Mark Clark intends to step down on Sept. 1 to pursue other business opportunities. Kimberly Slayton will act as Interim CFO upon Clark's departure. Slayton would report to, but will not be joining, the board at this
20-Mar-2015 07:38 AM

MyCelx swings to FY pretax loss

MyCelx has swung to a FY pretax loss of $5.5m, from a year-earlier profit of $1.3m. Revenue was $13.6m, from $21.4m. CEO Connie Mixon CEO said: "The Company faced several challenges in 2014 that adversely affected revenues due to unexpected operati
12-Sep-2014 08:49 AM

Project delays hit MYCELX Technologies

MYCELX Technologies Corporation ("MYCELX" or the "Company"), the clean water technology and engineering company providing patented solutions to the oil and gas industry and other commercial industrial markets worldwide, has reported th

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