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Rubicon Water Limited
(Sydney:RWL)
Rubicon Water Limited (RWL) vs. iShares MSCI Australia ETF (EWA)
Rubicon Water Limited Business Overview & Revenue Model
Rubicon Water Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 69.07M | 69.07M | 58.40M | 55.22M | 65.29M | 81.53M |
| Gross Profit | 28.48M | 28.48M | 23.46M | -2.00M | 27.06M | 14.38M |
| EBITDA | -6.82M | -6.82M | -6.45M | -7.99M | 2.28M | 10.55M |
| Net Income | -6.79M | -6.79M | -10.71M | -10.93M | -438.00K | 8.32M |
Balance Sheet | ||||||
| Total Assets | 103.94M | 103.94M | 106.40M | 111.58M | 125.81M | 106.95M |
| Cash, Cash Equivalents and Short-Term Investments | 5.51M | 5.51M | 1.69M | 8.49M | 11.23M | 9.03M |
| Total Debt | 23.13M | 23.13M | 37.13M | 30.69M | 29.50M | 32.69M |
| Total Liabilities | 39.98M | 39.98M | 51.54M | 45.78M | 49.66M | 57.80M |
| Stockholders Equity | 64.42M | 64.42M | 55.13M | 65.75M | 75.86M | 48.53M |
Cash Flow | ||||||
| Free Cash Flow | 4.70M | 4.70M | -9.13M | -3.92M | -20.48M | -12.06M |
| Operating Cash Flow | 5.45M | 5.45M | -6.95M | -1.36M | -16.81M | -10.45M |
| Investing Cash Flow | -2.44M | -2.44M | -2.10M | -2.60M | -3.38M | -2.87M |
| Financing Cash Flow | 1.04M | 1.04M | 1.28M | 1.09M | 26.18M | -4.20M |
Rubicon Water Limited Technical Analysis
Rubicon Water Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
58 Neutral | AU$178.63M | 18.66 | 7.04% | 2.95% | 4.52% | -31.16% | |
54 Neutral | AU$91.32M | 18.55 | 10.86% | ― | 13.51% | 5.08% | |
47 Neutral | AU$36.12M | -5.19 | -11.36% | ― | 18.27% | 53.69% | |
46 Neutral | AU$26.09M | -10.00 | -11.34% | ― | -8.52% | 13.51% | |
45 Neutral | AU$19.18M | -5.44 | -38.32% | ― | 2.69% | -273.87% | |
41 Neutral | AU$23.13M | -2.36 | -129.44% | ― | -29.97% | -284.16% |
Rubicon Water Limited Corporate Events
Rubicon Water Limited announced the cancellation of a previous securities quotation application due to an error, as no new shares were issued or should be listed. This correction ensures accurate representation of the company’s securities status, maintaining transparency with stakeholders and aligning with regulatory requirements.
Rubicon Water Limited has announced the issuance of 100,000 ordinary fully paid securities to be quoted on the ASX, as part of the Rubicon Employee Share Scheme. This move is likely to enhance employee engagement and align interests with shareholders, potentially strengthening the company’s market position.
Rubicon Water Limited has issued fully paid ordinary shares and/or options without disclosure to investors, in compliance with the Corporations Act. This strategic move reflects the company’s adherence to regulatory requirements and aims to strengthen its financial position, potentially impacting its market operations and stakeholder interests.
Rubicon Water Limited has announced the issuance of 2,116,076 performance rights as part of an employee incentive scheme. This move is likely aimed at motivating employees and aligning their interests with the company’s growth objectives, potentially impacting the company’s operational efficiency and market positioning positively.
Rubicon Water Limited announced a change in the director’s interest, specifically involving Bruce Rodgerson. The update details the acquisition of 1,275,355 Performance Rights and 43,742 ordinary shares through the conversion of Performance Rights, as part of the company’s Long-Term Incentive Plan. This change reflects the company’s ongoing efforts to align management interests with long-term strategic goals, potentially impacting shareholder value and company performance.
Rubicon Water Limited announced that all resolutions presented at their Annual General Meeting were passed successfully. This outcome reflects strong shareholder support and is likely to positively impact the company’s governance and strategic initiatives, reinforcing its position in the water technology industry.
Rubicon Water Limited reported its strongest revenue since listing on the ASX, achieving $69 million in FY25, with a notable 42% increase in its Rest of World segment. The company narrowed its net loss and generated positive operating cash flow, while strategically transitioning in the Asian market through a new joint venture in China, positioning itself for future growth and addressing global water security challenges.
Rubicon Water Limited has secured a new contract worth approximately A$1.3 million in Italy’s Torinese region, marking its fifth significant project in the country for FY26. This contract contributes to a total of A$4.5 million in Italian projects, reinforcing Italy’s role as a key growth area for Rubicon in the EMEA region. The company’s technology is increasingly adopted across northern Italy, delivering substantial water savings and cost reductions, which bolsters its market position and supports further expansion.
Rubicon Water Limited has secured contracts totaling A$8.3 million, marking significant progress in its strategic projects pipeline. The company announced a notable A$2.3 million contract in the United States for the Glenn-Colusa Irrigation District, funded by a private entity under sustainability commitments, and a A$1.4 million project in Italy with Consorzio Canale Emiliano Romagnolo. These contracts, along with others, highlight Rubicon’s growing influence in global irrigation markets and its potential for business growth through private funding initiatives.
Rubicon Water Limited has announced its 2025 Annual General Meeting (AGM) will be held virtually on November 19, 2025, allowing shareholders to participate online. The meeting will cover various agenda items, including the adoption of the remuneration report, with directors recommending shareholders vote in favor of all resolutions. This virtual format reflects a modern approach to shareholder engagement, potentially increasing accessibility and participation.
Rubicon Water Limited has issued a correction notice regarding a change in the director’s interest, specifically for Anthony Thomas Morganti. The correction clarifies that 140,000 shares were acquired, not 130,000 as previously reported. This update ensures accurate reporting of director interests, which is crucial for maintaining transparency and trust with stakeholders.
Rubicon Water Limited has announced a change in the director’s interest in securities, specifically involving Anthony Thomas Morganti. On September 4, 2025, Morganti acquired 130,000 ordinary shares through an on-market trade, increasing his indirect holdings. This change reflects a strategic move in the company’s stock management, potentially impacting stakeholder perceptions and the company’s market positioning.