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Heatwurx, Inc.  (HWX)
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    Sector  Capital Goods    Industry Construction & Mining Machinery
 

Heatwurx Inc's

Competitiveness


 

HWX Sales vs. its Competitors Q3 2016




Comparing the results to its competitors, Heatwurx Inc reported Total Revenue decrease in the 3 quarter 2016 year on year by 0 %, despite revenue increase by most of its competitors of 19.8 %, recorded in the same quarter.

List of HWX Competitors




   
       
 
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Net Income Comparison


Heatwurx, Inc. recorded net loss , despite income increase by most of its competitors of -26.79 %

<<  More on HWX Income Comparisons
   
     


Heatwurx Inc's Comment on Competitors and Industry Peers


According to the 2011 IBIS World Report on US Road and Highway Maintenance, the total spent on road maintenance in the United States is in excess of $30 billion per year. As an emerging company, we are at a competitive disadvantage because we do not have the financial resources of larger, more established competitors, nor do we have a sales force large enough to challenge our competitors. We intend to address this disadvantage by entering into distribution agreements, licensing and franchising opportunities, and provide on-going education and training to our sales partners, customers, and governmental agencies. We also believe that our equipment and processes are better than what is offered by other companies, and that purchasers will choose our equipment because of its effectiveness, quality of design, reputation in the marketplace, as well as the recognition we have received from state and federal agencies. We intend to offer an industry standard one-year limited warranty and provide nationwide service though our Original Equipment Manufacturing (“OEM”) partners and resellers.

<<  See the full list of HWX competitors


Competitiveness By Company's Divisions




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