Clean TeQ Water Ltd (CNQ) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 57.08K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• Revenue Growth: -32.22%
• EPS Growth: -13.94%
• Country: AU
• Employees: N/A
• Sector: Utilities
• Sector Strength: 70
• Industry: Regulated Water
• EPS (TTM): -0.03
• Shares Outstanding: 72,242,300
• 10 Day Avg. Volume: 44,831
• 30 Day Avg. Volume: 57,075
• PEG Ratio: 0.04
• Price to Book (P/B): 1.73
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.39
• 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: Hold
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

The overall stock score is primarily impacted by poor financial performance and unfavorable valuation metrics. Despite some technical indicators showing bullish momentum, the high RSI and Stochastic suggest the stock may be overbought. The lack of earnings call insights and corporate events further limits potential positive catalysts.

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 of its proprietary water treatment technologies and systems. The company earns money by designing, engineering, and supplying customized water purification solutions tailored to the specific needs of its clients across different industries. Key revenue streams include the sale of equipment, technology licensing, and maintenance services. Significant partnerships with industries in need of sustainable water management solutions, along with long-term service contracts, contribute to the company's earnings. Additionally, Clean TeQ Water may engage in joint ventures or strategic alliances to expand its market reach and enhance its technological offerings.

Clean TeQ Water Ltd Financial Statement Overview

Summary

Clean TeQ Water Ltd faces significant challenges with declining revenues and ongoing operational losses, as reflected in a negative revenue growth rate and negative net profit margins. Despite a strong equity position and low debt levels, the company struggles with negative cash flows, indicating financial instability.

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
EBITDA	-4.92M	-5.49M	-5.00M	-11.09M
Net Income	-5.47M	-4.28M	-5.49M	-11.06M
Balance Sheet
Total Assets	13.76M	13.38M	12.53M	12.59M
Cash, Cash Equivalents and Short-Term Investments	2.23M	2.15M	4.85M	5.90M
Total Debt	2.48M	343.30K	343.15K	24.98K
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: Neutral
• Last Price: 0.21
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• 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 Neutral. The current price of 0.21 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.18, and below the 200-day MA of 0.25, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.10 is Neutral, neither overbought nor oversold. The STOCH value of 57.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
WAT	71 Outperform	AU$242.65M	18.97	9.71%	2.03%	44.28%	-0.27%
LPE	69 Neutral	AU$21.86M	6.56	30.50%	―	15.59%	―
EGL	69 Neutral	AU$100.83M	27.50	9.28%	―	19.70%	8.70%
D2O	59 Neutral		25.25	4.81%	4.88%	5.51%	25.63%
Sector *	57 Neutral	AU$887.15M	4.35	-2.37%	5.44%	21.41%	-109.15%
ERG	53 Neutral	AU$3.27M	―	-9.71%	―	8.96%	-287.50%
CNQ	49 Neutral		―	-71.32%	―	-32.22%	-13.94%

Clean TeQ Water Ltd Corporate Events

Clean TeQ Water Ltd Announces Director’s Interest Change

Clean TeQ Water Ltd announced a change in the director’s interest, specifically regarding Peter Leonard Voigt. The announcement detailed the lapse and cancellation of 217,636 unquoted performance rights due to unmet vesting conditions, impacting Voigt’s direct holdings. This change reflects adjustments in the company’s executive compensation structure, potentially influencing investor perceptions and the company’s market positioning.

Clean TeQ Water Ltd Announces Cessation of Performance Rights

Clean TeQ Water Ltd announced the cessation of 57,427 performance rights due to unmet conditions, reflecting a lapse in conditional rights. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s operational performance and strategic execution.

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.