As stated in the Company's 2012 Annual Report on Form 10-K filed on March 25, 2013, the fourth quarter 2012 revenues were approximately $1.65 million. For the fourth quarter ended December 31, 2012, the Company had Net Profit of approximately $206,000,and Adjusted EBITDA of approximately $345,000, (EBITDA defined as earnings before interest, depreciation, amortization, non-cash stock option expenses, and one-time non-operational expense items), a non-GAAP measure.
About HII Technologies, Inc. (OTCBB: HIIT)
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays by deploying new oilfield related technologies to enhance the value of services it offers its customers. The Company's frac water supply services subsidiary does business as AES Water Solutions, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary does business as South Texas Power (STP). Read more at www.HIITinc.com
www.AESwatersolutions.com and www.oilfield-generators.com.
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