10:23 AM EST - H2O Innovation Inc. : Announces its financial results for the second quarter of its fiscal year 2023 ended December 31, 2022. Revenue growth of 52.0% reaching $63.9 million from $42.0 million; Organic revenue growth of 26.8%, compared to 16.2%, with recurring revenues by nature of 90%; Adjusted EBITDA reached $6.5 million, compared to $3.8 million; Net earnings amounted to $0.6 million, compared to $0.8 million; Adjusted net earnings of $2.7 million, compared to $2.0 million; and Consolidated backlog of $206.2 M as at the end of the second quarter of fiscal year 2023, up to 63.4%. H2O Innovation Inc.
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