Clean TeQ Water Ltd (CNQ) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 30.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: -32.22%
• EPS Growth: -13.94%
• Country: AU
• Employees: N/A
• Sector: Utilities
• Sector Strength: 79
• Industry: Regulated Water
• EPS (TTM): -0.03
• Shares Outstanding: 72,242,300
• 10 Day Avg. Volume: 24,237
• 30 Day Avg. Volume: 30,266
• PEG Ratio: 0.13
• Price to Book (P/B): 3.13
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Clean TeQ Water Ltd's overall stock score is driven by weak financial performance, with declining revenues and negative profitability. Although the company maintains low debt levels, negative cash flows and a lack of positive earnings impact its financial health. The technical analysis shows consistent downward trends, and the valuation metrics reflect the company's current unprofitability. Investors should be cautious given the financial instability and lack of positive momentum.

Clean TeQ Water Ltd Business Overview & Revenue Model

Company Description

Clean TeQ Water Limited provides metals recovery and water treatment solutions for governments and companies. The company offers technology solutions in the areas of continuous ionic filtration, membrane free desalination, chemical free recovery reverse osmosis, encapsulated bacteria lenses, complete nitrate removal, low energy evaporation and crystallization, and metal recovery, as well as membranes for filtration of waters and wastewaters. It also undertakes turnkey projects, such as metals recovery and water treatment plants. The company serves municipal wastewater, surface water, industrial wastewater, and mining wastewater sectors. Clean TeQ Water Limited was incorporated in 2021 and is headquartered in Notting Hill, Australia.

How the Company Makes Money

Clean TeQ Water Ltd generates revenue through the sale and licensing of its proprietary water treatment technologies and solutions. The company partners with industries such as mining, municipal water authorities, and industrial clients who require advanced water treatment systems to meet regulatory standards and improve operational efficiency. Revenue streams include project sales where Clean TeQ designs, constructs, and commissions water treatment plants, as well as ongoing service and maintenance contracts. Additionally, the company may earn income from joint ventures and strategic partnerships aimed at expanding its reach and enhancing technological capabilities.

Clean TeQ Water Ltd Financial Statement Overview

Summary

Clean TeQ Water Ltd faces significant challenges with declining revenues and ongoing operational losses. While the company maintains a strong equity position and low debt levels, cash flow issues persist, affecting overall financial health. The company needs to address operational inefficiencies and improve revenue generation to achieve financial stability.

Income Statement

The company has faced declining revenues with a negative revenue growth rate of -6.82% from 2023 to 2024. The gross profit margin is negative, indicating costs exceeding revenues. Net profit margin is also negative, reflecting losses, although there is an improvement in EBIT margin from previous years, it remains negative.

Balance Sheet

The debt-to-equity ratio is low at 0.05, indicating manageable debt levels. However, there is a decrease in stockholders' equity. The equity ratio is healthy at 56.63%, showing a strong equity position relative to total assets.

Cash Flow

Operating cash flow is negative, reflecting ongoing cash outflows from operations. Free cash flow remains negative, though there is a slight improvement over the previous year. The company has a negative free cash flow to net income ratio, indicating cash flow challenges.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022
Income Statement		Total Revenue
8.60M	11.50M	12.34M	11.35M
	Gross Profit
-2.34M	-3.11M	-3.24M	340.04K
	EBIT
-4.24M	-4.87M	-6.77M	-11.05M
	EBITDA
-4.92M	-5.49M	-5.00M	-11.09M
	Net Income Common Stockholders
-5.47M	-4.28M	-5.49M	-11.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.23M	2.15M	4.85M	5.90M
	Total Assets
13.76M	13.38M	12.53M	12.59M
	Total Debt
2.48M	343.30K	343.15K	24.98K
	Net Debt
1.38M	-1.81M	-4.50M	-5.55M
	Total Liabilities
9.44M	5.80M	4.54M	3.85M
	Stockholders Equity
4.48M	7.58M	7.99M	8.74M
Cash Flow		Free Cash Flow
-4.77M	-3.83M	-5.79M	-10.63M
	Operating Cash Flow
-4.71M	-3.80M	-5.56M	-10.44M
	Investing Cash Flow
-52.21K	-28.44K	-224.91K	16.28M
	Financing Cash Flow
3.71M	1.17M	4.87M	-268.82K

Clean TeQ Water Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CNQ, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.19, and below the 200-day MA of 0.27, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.56 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CNQ.

Clean TeQ Water Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EGL	71 Outperform	AU$93.22M	24.50	9.28%	―	19.70%	8.70%
Sector *	64 Neutral	$8.54B	10.30	4.69%	4.37%	4.14%	-13.04%
SDV	59 Neutral	AU$61.78M	30.09	4.12%	―	20.25%	―
CNQ	45 Neutral		―	-71.32%	―	-32.22%	-13.94%
HZNFF		$190.07M	14.94	17.20%	15.22%	―	―

Clean TeQ Water Ltd Corporate Events

Clean TeQ Water Ends LithiumBank Partnership, Plans New Deployments

Clean TeQ Water Limited announced the termination of its agreements with LithiumBank Resources Corp. regarding the deployment of its lithium extraction technology through Go2Lithium Inc. The mutual decision to end the partnership reflects a strategic realignment for both companies to pursue independent opportunities. Despite the termination, Clean TeQ continues to hold a 60% interest in Go2Lithium, which retains the exclusive global license for the cDLE® technology. The company is advancing plans to redeploy its pilot plant to new project sites, aiming to accelerate the global adoption of its technology. Clean TeQ’s CEO highlighted the strategic refinement as a response to market conditions, emphasizing the long-term demand for high-efficiency extraction solutions.

Clean TeQ Water Lands A$1.2M Contract for European Wastewater Project

Clean TeQ Water Limited has secured a A$1.2 million contract to design an industrial wastewater treatment plant for Nyrstar’s European operations using its DESALX® ion exchange technology. This project, following successful pilot trials, marks a significant step in Clean TeQ’s efforts to enhance wastewater treatment and resource recovery in the mining and metals sectors, potentially leading to a subsequent A$9.4 million delivery stage.

Clean TeQ Water Ltd Advances Key Projects Amidst Industry Momentum

Clean TeQ Water Ltd’s third-quarter report highlights significant progress in several key projects, underscoring its technical and operational momentum. The company is advancing its PHOSPHIX® project in Ireland, securing a major contract to address European phosphorus discharge regulations. Additionally, Clean TeQ received a Letter of Intent from Nyrstar for a DESALX® wastewater treatment plant, marking commercial validation of its technology. The company’s U-Column Enhanced Desorption system is in commissioning at a uranium plant, aligning with the global shift towards clean energy. Despite challenges in the lithium sector, Clean TeQ remains focused on long-term fundamentals, with its MBIX platform gaining recognition for lithium recovery. The Townsville Water Recycling Project is nearing full operational status, and the company’s ATA® technology for mine tailings processing shows promising potential. NematiQ, a subsidiary, is advancing water safety solutions using Graphene Membrane technology, demonstrating positive results in decentralized drinking water treatment.