Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
-4.93K | 0.00 | -5.45K | -2.05K | -2.19K | EBIT |
4.00M | 4.50M | -2.32M | -3.42M | -58.73K | EBITDA |
-3.69M | -4.40M | -2.32M | -3.42M | -56.54K | Net Income Common Stockholders |
-3.70M | -13.31M | -2.27M | -3.35M | 65.23K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
6.00M | 6.96M | 407.78K | 2.66M | 5.07M | Total Assets |
6.29M | 7.07M | 616.83K | 2.71M | 5.10M | Total Debt |
5.54K | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-6.00M | -6.96M | -407.78K | -2.66M | -3.06M | Total Liabilities |
679.26K | 326.86K | 1.50M | 1.37M | 787.54K | Stockholders Equity |
5.61M | 6.74M | -881.68K | 1.33M | 4.32M |
Cash Flow | Free Cash Flow | |||
-1.96M | -3.37M | -2.24M | -2.41M | 157.44K | Operating Cash Flow |
-1.95M | -3.36M | -2.24M | -2.41M | 157.44K | Investing Cash Flow |
-8.56K | -6.63K | 41.40K | 2.01M | -2.00M | Financing Cash Flow |
1.00M | 9.92M | -44.98K | 0.00 | 4.06M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | C$1.24B | 25.45 | 8.63% | 3.08% | 3.68% | 19.78% | |
60 Neutral | C$552.76M | ― | -14.10% | ― | 31.68% | 67.90% | |
58 Neutral | C$14.12M | ― | -5.60% | ― | -10.37% | 95.22% | |
56 Neutral | $6.93B | 3.27 | -3.99% | 5.91% | -0.52% | -47.74% | |
39 Underperform | C$135.20M | ― | -30.82% | ― | ― | 1.34% | |
22 Underperform | C$1.95M | ― | 17.92% | ― | ― | 83.87% |
CVW CleanTech Inc. announced its 2024 financial results, highlighting a significant year marked by the completion of its first royalty financing transaction worth $14 million with Northstar Clean Technologies Inc. The company reported a net loss of $3.9 million for the year but demonstrated strong cash management, ending with $5.2 million in cash. The commissioning of Northstar’s Calgary facility is progressing well, with commercial operations expected to begin in 2025. CVW CleanTech is focused on advancing its proprietary technology and has a robust royalty pipeline valued at over $550 million, with more than 45 opportunities under evaluation.
Spark’s Take on TSE:CVW Stock
According to Spark, TipRanks’ AI Analyst, TSE:CVW is a Neutral.
CVW CleanTech Inc’s stock score reflects significant financial challenges, particularly in income generation and cash flow management. The technical indicators suggest a bearish outlook, and the high P/E ratio coupled with no dividends points to valuation concerns. Although the balance sheet shows some stability, the overall financial health and market sentiment indicate caution for investors.
To see Spark’s full report on TSE:CVW stock, click here.