Delivered 15% quarterly revenue growth in its seasonally weakest fiscal quarter for Professional Services along with strong order bookings and visibility for WaterTech Ottawa, Ontario--(Newsfile Corp. - May 27, 2026) - BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) ("BluMetric" or "the Company"), an engineering WaterTech and full-service environmental consulting firm, announces its financial results for the fiscal quarter ended March 31, 2026. Q2 2026 Select Financial Highlights (in CA$ thousands, unaudited) Three Months Ended March 31, 2026 Three Months Ended March 31, 2025 Additional Context Revenue 18,277 15,926 Increased 15% YOY (mainly driven by DS Consultants), while fiscal Q2 typically weakest revenue quarter in Professional Services due to winter seasonality, and WaterTech USA revenue generation lower due to executing completion and commissioning phase of projects Gross margin 31% 27% Improved gross margin and within target range Adjusted EBITDA1 (626) 600 Lower YOY due to higher operating expenses from DS Consultants, lower utilization due to seasonality, investments in recurring O&M services, and increased business development Net earnings (loss) (1,134) (60) $862 associated with non-cash depreciation and amortization, and lower mainly due to higher overhead and carrying costs to deliver higher expected revenue quarters Free Cash Flow2 (649) (129) Reflects investment requirements during scale-up Working capital3 9,943 8,612 Slight improvement and remains strong to execute on growth plan Net cash4 2,859 2,219 Positive and 28% increase due to payments timing, along with access to $6,859 in available liquidity   "We were able to deliver 15% revenue growth during our seasonally weakest revenue quarter in the fiscal year for Professional Services," stated Scott MacFabe, CEO of BluMetric Environmental Inc. "Our goal for the remaining fiscal year is to deliver on our growth plan and achieve operating leverage from recent investments.