CONCENTRATIONS OF REVENUES

3 Months Ended

Apr. 30, 2016

CONCENTRATIONS OF REVENUES

CONCENTRATIONS OF REVENUES

NOTE 14 — CONCENTRATION OF REVENUES

During the three months ended April 30, 2016 and 2015, the majority of the Company’s consolidated revenues related to performance by the power industry services segment which provided approximately 83% and 97% of consolidated revenues for the three months ended April 30, 2016 and 2015, respectively. The Company’s significant customer relationships for the three months ended April 30, 2016 included five customers which accounted for approximately 18%, 15%, 15%, 12% and 10% of consolidated revenues, respectively. The Company’s significant customer relationships for the three months ended April 30, 2015 included two customers which accounted for approximately 47% and 45%, respectively, of consolidated revenues for the period.

Accounts receivable balances from two major customers as of April 30, 2016 each represented 26% of the corresponding consolidated balance as of April 30, 2016, and they each represented 27% of the corresponding consolidated balance as of January 31, 2016.