Earthworks Industries (TSE:EWK)
:EWK
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Earthworks Industries
(EWK)
Select Model
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Rating:40Underperform
Price Target:
C$0.01
▲(0.00% Upside)
Action:N/ADate:01/04/26
The score is driven primarily by very weak financial performance (persistent losses, ongoing cash burn, and negative equity). Technicals add further downside risk with price below key moving averages and negative MACD, while valuation offers limited support due to negative earnings and no indicated dividend yield.
Earthworks Industries (EWK) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.78M
Dividend YieldN/A
Average Volume (3M)42.20K
Price to Earnings (P/E)―
Beta (1Y)1.93
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees250
SectorGeneral
Sector StrengthN/A
IndustryWaste Management
Share Statistics
EPS (TTM)N/A
Shares Outstanding144,606,630
10 Day Avg. Volume11,471
30 Day Avg. Volume42,196
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.79
Price to Sales (P/S)0.00
P/FCF Ratio-4.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Earthworks Industries Business Overview & Revenue Model
Company Description
Earthworks Industries Inc., a development stage company, focuses on providing waste disposal services for private and public sectors in the United States and Canada. It constructs and operates an integrated waste handling facility on 443 acres of ...
Earthworks Industries Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.05K | -778.00 | 0.00 | -877.00 | -677.00 | -701.00 |
| EBITDA | -14.39M | -14.10M | -819.00K | -1.38M | -607.00K | -525.00K |
| Net Income | -15.51M | -15.12M | 2.27M | -1.84M | -1.05M | -1.02M |
Balance Sheet | ||||||
| Total Assets | 170.24K | 26.28K | 13.09M | 12.11M | 11.23M | 10.94M |
| Cash, Cash Equivalents and Short-Term Investments | 154.79K | 16.54K | 908.87K | 209.21K | 288.09K | 68.90K |
| Total Debt | 6.22M | 1.49M | 3.96M | 899.12K | 853.41K | 751.48K |
| Total Liabilities | 7.66M | 6.87M | 5.48M | 9.72M | 9.12M | 9.10M |
| Stockholders Equity | -7.49M | -6.84M | 7.61M | 2.38M | 2.11M | 1.84M |
Cash Flow | ||||||
| Free Cash Flow | -3.17M | -1.32M | -1.32M | -801.21K | -675.86K | -547.60K |
| Operating Cash Flow | -3.17M | -1.32M | -1.26M | -376.69K | -553.32K | -452.04K |
| Investing Cash Flow | 389.01K | -39.21K | -63.78K | -424.52K | -122.54K | -95.56K |
| Financing Cash Flow | 1.38M | 462.14K | 2.02M | 722.33K | 895.05K | 608.98K |
Earthworks Industries Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
44 Neutral | C$8.73M | -4.34 | ― | ― | ― | 54.17% | |
44 Neutral | C$51.06M | -243.45 | -12.79% | ― | 63.49% | -133.70% | |
41 Neutral | C$37.42M | -5.91 | 5297.73% | ― | 135.68% | 68.99% | |
41 Neutral | C$11.53M | -5.76 | -352.14% | ― | ― | -72.78% | |
40 Underperform | C$5.78M | -1.23 | -9999.00% | ― | ― | ― |
* General Sector Average
TSE:EWK
Earthworks Industries
0.04
-0.02
-33.33%
TSE:BAC
BacTech Environmental
0.04
-0.02
-33.33%
TSE:BLM
BluMetric Environmental
0.93
-0.16
-14.68%
TSE:ECM
Ecolomondo Corporation
0.17
<0.01
3.13%
TSE:CMC
Cielo Waste Solutions
0.06
0.00
0.00%
TSE:VTX
Vertex Resource Group Ltd.
0.20
>-0.01
-4.76%
Earthworks Industries Corporate Events
Business Operations and StrategyExecutive/Board ChangesM&A Transactions
Earthworks to Acquire Critical Minerals Recovery System IP and Adds Strategic Advisor
Positive
Feb 13, 2026
Earthworks Industries has agreed to acquire all intellectual property for a minerals recovery system from Wokaura Art and Innovations, including modular processing architecture and a cloud-based management platform, in an all-share deal of up to 6...
Executive/Board Changes
Earthworks Industries Director Giulio Bonifacio Steps Down, Remains as Advisor
Neutral
Feb 4, 2026
Earthworks Industries Inc. announced that director Giulio Bonifacio has resigned from the company’s board effective January 31, 2026, in order to devote more time to his family and other private business ventures. Bonifacio, who joined the b...
Business Operations and StrategyPrivate Placements and Financing
Earthworks Finalizes C$5.1 Million Share-for-Debt Deal With North Bay
Positive
Jan 23, 2026
Earthworks Industries has finalized the terms of a debt settlement with North Bay Corporation, confirming that the outstanding debt, originally denominated in U.S. dollars, has been set at C$5,112,564. To extinguish this liability owed by Earthwor...
Business Operations and Strategy
Earthworks Recasts Strategy After Cortina Lease Termination, Eyes New Waste-Tech Opportunities
Negative
Jan 5, 2026
Earthworks Industries has confirmed it will not appeal the termination of the lease for its Cortina waste management project in California, but emphasized that the loss of its long-time flagship site will not derail its broader strategy in the fas...
Business Operations and StrategyLegal Proceedings
Earthworks Drops Cortina Lease Appeal, Shifts Focus to New Waste-Handling Projects
Negative
Dec 22, 2025
Earthworks Industries Inc. has decided not to appeal the U.S. District Court’s order upholding the termination of its lease between subsidiary Cortina Integrated Waste Management Inc. and the Kletsel Dehe Wintun Nation for the Cortina Ranche...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.