Current Water Technologies Inc. (V:WATR)
Business Focus: Environmental Services & Equipment (NEC)
| Sector: Industrials | Industry: Environmental Services & Equipment |
| Company Contact | |
| Address: | 70 Southgate Drive, Unit 4 GUELPH ON N1G 4P5 |
| Tel: | N/A |
| Website: | www.currentwatertechnologies.com |
| IR: | See website |
| Key People | ||
| Gene S. Shelp President, Chief Executive Officer, Director | Edward Tsang Chief Financial Officer | Barry J. Shelp Secretary, Director |
| Business Overview |
| Current Water Technologies Inc. is a Canada-based technology company. The Company is engaged in electro-static deionization (ESD) and the treatment of total ammonia (AmmEL) using electrochemical technologies. The Company is engaged in applying its patented and proprietary electrochemical technologies to the treatment of wastewater, desalination water and drinking water contaminated by metals or nutrients, i.e., nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal and waste management sectors. Its patented ESD (deionization) and its patented AmmEL (ammonia removal) technologies represent alternatives to biological, ion exchange, and reverse osmosis systems. Its subsidiary, Pumptronics Incorporated, operates as a division of the Company and functions as an integrated pump station manufacturer specializing in custom design and automation. |
| Financial Overview |
| For the nine months ended 30 September 2023, Current Water Technologies Inc revenues increased 19% to C$2.5M. Net income applicable to common stockholders totaled C$668K vs. loss of C$255K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Share-based payments decrease of 69% to C$104K (expense), General and administrative expenses decrease of 19% to C$368K |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $6.46M as of Sep 30, 2023 |
| Annual revenue (TTM): | $2.57M as of Sep 30, 2023 |
| EBITDA (TTM): | -$0.00M as of Sep 30, 2023 |
| Net annual income (TTM): | -$0.13M as of Sep 30, 2023 |
| Free cash flow (TTM): | $0.15M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 212,275,038 as of Sep 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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