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An update from Forward Water Technologies Corp ( (TSE:FWTC) ) is now available.
Forward Water Technologies Corp. reported modest revenue of $54,356 for the quarter and $59,048 for the nine months ended Dec. 31, 2025, alongside net losses of $431,376 and $1,361,261 respectively, as expenses tied to R&D and administration continued to outpace sales. The company ended the period with $656,342 in cash and total assets of $3.32 million, while its accumulated deficit widened to $3.23 million.
To bolster its balance sheet, the company issued $1,025,000 in convertible debenture units in late October 2025, which also included share purchase warrants and carry a 14% coupon, adding leverage but also providing potential equity upside for investors. Operationally, Forward Water signed a technology evaluation contract with a global food and beverage manufacturer to test its concentration technology, which management views as an important step in validating its solutions in both wastewater and food and beverage markets and in attracting further corporate interest.
More about Forward Water Technologies Corp
Forward Water Technologies Corp. is a Canadian cleantech company focused on advanced water treatment solutions. It develops and commercializes proprietary technologies aimed at concentrating and treating challenging liquid streams, with applications in wastewater management and the food and beverage industry.
Average Trading Volume: 65,701
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$2.09M
Learn more about FWTC stock on TipRanks’ Stock Analysis page.