Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 11.24M | 8.18M | 11.36M | 23.70M | 26.48M | 32.88M |
Gross Profit | 3.53M | 2.66M | 4.24M | 6.29M | 7.17M | 8.77M |
EBITDA | -444.00K | -1.05M | -334.00K | -1.43M | -2.32M | -5.20M |
Net Income | -778.00K | -2.40M | -6.51M | -6.93M | -4.13M | -4.44M |
Balance Sheet | ||||||
Total Assets | 13.12M | 13.15M | 16.03M | 25.85M | 30.64M | 40.66M |
Cash, Cash Equivalents and Short-Term Investments | 4.64M | 4.76M | 4.17M | 6.20M | 11.79M | 14.71M |
Total Debt | 1.34M | 1.57M | 1.38M | 2.43M | 1.78M | 2.31M |
Total Liabilities | 4.69M | 3.73M | 4.47M | 8.22M | 7.65M | 12.31M |
Stockholders Equity | 8.44M | 9.42M | 11.56M | 17.63M | 22.99M | 28.35M |
Cash Flow | ||||||
Free Cash Flow | 1.24M | 1.17M | -2.56M | -4.96M | -24.00K | -4.94M |
Operating Cash Flow | 1.26M | 1.39M | -2.51M | -2.26M | 2.04M | -4.13M |
Investing Cash Flow | 77.00K | -116.00K | 1.36M | -2.52M | -1.82M | -491.00K |
Financing Cash Flow | -283.00K | -692.00K | -900.00K | -939.00K | -2.93M | 678.00K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
56 Neutral | $13.56B | 12.83 | 10.03% | 0.92% | 7.13% | -12.93% | |
49 Neutral | C$42.07M | 381.82 | -21.72% | ― | 87.28% | 72.44% | |
44 Neutral | C$68.62M | ― | -1898.77% | ― | 15.28% | -24.76% | |
44 Neutral | C$11.46M | ― | -525.98% | ― | -57.69% | 4.44% | |
41 Neutral | C$51.57M | ― | -5701.32% | ― | 0.58% | 45.10% |
EnWave Corporation announced it will release its third-quarter financial results for 2025 on August 21, followed by an investor conference call on August 22. The company’s leadership will discuss the financial outcomes and business outlook, which could impact its operational strategy and market positioning. This announcement is significant for stakeholders as it provides insights into EnWave’s performance and future prospects.
EnWave Corporation has announced a private placement offering of up to $3 million, led by Clarus Securities Inc., to fund the construction of two large-scale Radiant Energy Vacuum dehydration machines. This strategic investment aims to enhance EnWave’s production capabilities and meet growing demand, positioning the company to fulfill future orders more efficiently. The offering is expected to close by August 21, 2025, subject to necessary approvals, and highlights EnWave’s commitment to expanding its market presence and operational capacity.
EnWave Corporation announced the sale of two additional 10kW Radiant Energy Vacuum machines to Dairy Concepts Irl (DCI), marking the fifth and sixth units acquired by the Irish dairy snack innovator. This expansion supports DCI’s successful market presence in the UK, particularly with its innovative crunchy cheese snacks that have gained traction in major retailers like Marks and Spencer. The acquisition is expected to enhance DCI’s production capabilities and capitalize on new distribution opportunities, further solidifying its position in the European dairy snacks market.
EnWave Corporation has expanded its collaboration with MicroDried® by signing a new royalty-bearing license agreement and selling three additional Radiant Energy Vacuum (REV™) machines. This agreement allows MicroDried® exclusive rights to use EnWave’s REV™ technology for producing mochi and Greek yogurt products in North America, along with other dairy applications. The expansion strengthens MicroDried®’s position as a key supplier to major global food brands, enhancing its product portfolio to include clean-label, nutrient-dense dairy and mochi ingredients. With the addition of these machines, MicroDried® now holds the highest REV™ manufacturing capacity globally, positioning itself for significant growth in the food industry.
EnWave Corporation has amended its royalty-bearing license agreement with Procescir S.A. de C.V. to include additional fruit and vegetable products, enhancing Procescir’s ability to capitalize on current and future commercial opportunities. This amendment is accompanied by the sale of a 120kW REV™ machine and auxiliary equipment, enabling Procescir to commence commercial production of fruit snacks for a major American brand. This strategic move is expected to bolster EnWave’s market presence and strengthen its position in the dehydration technology industry.
EnWave Corporation reported significant financial growth in its second quarter of 2025, with a substantial increase in revenue driven by machine sales and higher royalty revenues. The company’s gross margin improved significantly due to increased machine sales and royalties, while its adjusted EBITDA turned positive, indicating improved operational efficiency. EnWave also announced several strategic agreements and amendments, expanding its market reach and enhancing its product offerings, which are expected to strengthen its industry positioning and provide new opportunities for growth.
EnWave Corporation has amended its license agreement with Creations Foods, allowing the latter to produce dried cheese snacks for pet treat applications in the United States using EnWave’s REV™ technology. This strategic move aims to capitalize on the growing pet food industry, with Creations Foods already having several confirmed pet treat customers. EnWave is also actively seeking new partners in the pet treat and food industry to expand the use of its technology, as demonstrated by its recent participation in the Pet Food Forum in Kansas City.
EnWave Corporation announced it will release its second-quarter financial results for 2025 on May 21, followed by an investor conference call on May 22. The announcement highlights EnWave’s continued focus on enhancing its market position through its innovative dehydration technology, which offers significant advantages over traditional drying methods. This release is important for stakeholders as it reflects the company’s ongoing efforts to expand its market reach and improve operational efficiency.