This is another very good set of results from WATR, featuring sales up 44%, which in turn drove a 53% increase in gross profit (a 500bp increase in the margin). WATR supplies in-demand water leak detection and related services across the whole of the US, and also in international markets including the UK and Canada. It operates a strong model which has seen significant double-digit CAGR over a number of years; and this morning's outstanding results reaffirm the company's well-tried approach to ....
