Sector: Industrials | Industry: Heavy Machinery & Vehicles |
Company Contact | |
Address: | 77 King Street West Suite 3000, TD Centre PO Box 95 TORONTO ON M5K 1G8 |
Tel: | N/A |
Website: | https://water-ways-technologies.com |
IR: | See website |
Key People | ||
Ohad Haber Chief Executive Officer, Director | Asi Levi Chief Financial Officer | Amir Eylon Vice President - Operations and Projects |
Business Overview |
Water Ways Technologies Inc., through its subsidiaries, is a provider of agriculture technology. The Company t specializes in providing water irrigation solutions to agricultural producers. It focuses on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. The Company's business units include the Projects Business Unit and Component and Equipment Sales Unit. The Company also provides its solutions in developing markets, such as Africa and Latin America and developed markets, such as China and Canada. Its irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberry, Medical Cannabis growers, fresh produce cooling rooms and more, in over fifteen countries. Its projects include Desta Farm, Agricultural Irrigation System, Ethiopia and Laos Banana, Automated PC Drip Irrigation System, Laos. Its subsidiaries include Irri-Al-Tal Ltd, Heartnut Grove WWT Inc., and H.D.P Irrigation Ltd. |
Financial Overview |
For the fiscal year ended 31 December 2023, Water Ways Technologies Inc revenues decreased 39% to $6.6M. Net loss totaled $3.2M vs. income of $2.1M. Revenues reflect HGWWT Products segment decrease of 53% to $2M, IAT Project Services segment decrease of 72% to $504K, South and Central America (Region) segment decrease of 57% to $1.6M, Africa (Region) segment decrease of 65% to $280K. |
Employees: | 2 as of Sep 30, 2009 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6.64M as of Dec 31, 2023 |
Annual revenue (TTM): | $9.02M as of Dec 31, 2023 |
EBITDA (TTM): | -$3.88M as of Dec 31, 2023 |
Net annual income (TTM): | -$4.39M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1.90M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $2.92M as of Dec 31, 2023 |
Shares outstanding: | 148,785,345 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |