Tidewater Renewables Ltd. (LCFS) AI Stock Analysis

• Market Cap: C$100.13M
• Dividend Yield: N/A
• Average Volume (3M): 4.80K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.13
• Revenue Growth: 97.32%
• EPS Growth: -2916.07%
• Country: CA
• Employees: 83
• Sector: Utilities
• Sector Strength: 76
• Industry: Renewable Utilities
• EPS (TTM): 0.14
• Shares Outstanding: 36,410,330
• 10 Day Avg. Volume: 1,830
• 30 Day Avg. Volume: 4,797
• PEG Ratio: 0.34
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.26
• 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: C$4.25
• Price Target Upside: 54.55% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 50 Neutral
• Price Target: C$2.50 ▼(-9.09%Downside)

The overall stock score of 50 reflects Tidewater Renewables Ltd.'s challenging financial performance and concerning valuation metrics, which are major drawbacks. Technical analysis shows slight positive momentum, providing some support. The recent negative corporate event regarding trade inquiry adds further uncertainty.

Tidewater Renewables Ltd. Business Overview & Revenue Model

Company Description

Tidewater Renewables Ltd. (LCFS) is a Canadian energy company focused on producing low-carbon fuels and renewable energy solutions. Operating within the renewable energy sector, the company primarily engages in the production of renewable diesel, hydrogen, and other clean energy products aimed at reducing carbon emissions. Tidewater Renewables leverages its strategic infrastructure and partnerships to deliver sustainable energy solutions that meet the evolving needs of the energy market.

How the Company Makes Money

Tidewater Renewables Ltd. generates revenue through the production and sale of low-carbon fuels and renewable energy products, including renewable diesel and hydrogen. The company capitalizes on its existing infrastructure and strategic location to access feedstock and deliver its products efficiently. Revenue streams include sales contracts with fuel distributors, partnerships with other energy companies, and government incentives or credits for producing low-carbon fuels. Additionally, the company benefits from participating in carbon credit markets, allowing it to monetize reductions in carbon emissions. These diverse revenue streams enable Tidewater Renewables to maintain a robust financial foundation while contributing to a sustainable energy future.

Tidewater Renewables Ltd. Financial Statement Overview

Summary

Tidewater Renewables Ltd. is facing financial headwinds with negative profitability and cash flow metrics. The income statement shows a challenging situation with a negative net income trend and declining gross profit margins. Cash flow analysis indicates negative free cash flow growth, impacting future investments and financial health. The balance sheet shows moderate stability but with increasing leverage.

Income Statement

The income statement shows a challenging financial situation with a negative net income trend and declining gross profit margins. Revenue growth is inconsistent, with significant fluctuations over the years. Despite a positive EBIT margin, the negative EBITDA highlights ongoing operational challenges.

Balance Sheet

The balance sheet reflects moderate financial stability with a manageable debt-to-equity ratio. However, a declining equity ratio suggests increasing leverage. Return on equity metrics are negative due to consistent net losses, which is a concern for long-term sustainability.

Cash Flow

Cash flow analysis indicates negative free cash flow growth and a decreasing operating cash flow to net income ratio. This suggests that the company is struggling to generate cash from its operations, which could impact future investments and financial health.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	426.54M	97.68M	76.10M	23.05M	4.17M
Gross Profit	118.15M	44.05M	46.13M	8.93M	-1.78M
EBITDA	-409.47M	-17.12M	62.30M	12.11M	-4.01M
Net Income	-357.85M	-41.02M	25.94M	2.76M	-12.70M
Balance Sheet
Total Assets	406.53M	1.09B	993.32M	730.99M	73.30M
Cash, Cash Equivalents and Short-Term Investments	44.00K	105.00K	11.38M	1.02M	-25.35M
Total Debt	192.98M	345.60M	219.37M	81.86M	25.35M
Total Liabilities	248.75M	573.57M	443.20M	215.40M	33.38M
Stockholders Equity	151.27M	506.63M	543.63M	515.60M	39.92M
Cash Flow
Free Cash Flow	30.60M	-180.02M	-177.13M	-24.62M	-8.01M
Operating Cash Flow	54.65M	22.78M	67.44M	6.36M	-4.43M
Investing Cash Flow	129.08M	-136.04M	-194.50M	-213.15M	-3.02M
Financing Cash Flow	-183.79M	101.98M	137.41M	207.81M	7.45M

Tidewater Renewables Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LCFS, the sentiment is Positive. The current price of 2.75 is above the 20-day moving average (MA) of 2.63, above the 50-day MA of 2.58, and above the 200-day MA of 1.90, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 56.11 is Neutral, neither overbought nor oversold. The STOCH value of 56.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LCFS.

Tidewater Renewables Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
REVV	67 Neutral	C$17.30M	7.08	73.47%	―	371.84%	―
Sector *	60 Neutral	C$5.15B	-25.04	-19.26%	3.77%	12.02%	-69.08%
BLX	56 Neutral	C$3.25B	303.18	0.67%	2.09%	-16.63%	-87.78%
WEB	54 Neutral	C$66.69M	3.38	43.72%	―	―	-37.73%
LCFS	50 Neutral	C$100.13M	―	-107.29%	―	97.32%	-2916.07%
GIP	50 Neutral	C$70.09M	―	-24.89%	―	-13.68%	-1548.28%

Tidewater Renewables Ltd. Corporate Events

Tidewater Renewables Announces AGM Results and Strategic Decisions

Tidewater Renewables Ltd. announced the results of its annual general meeting, where 82.431% of outstanding shares were voted. Key outcomes included the election of four directors, re-appointment of Deloitte LLP as auditors, and approval of the executive compensation approach. These decisions are pivotal for the company’s governance and strategic direction as it continues to focus on renewable energy solutions.

The most recent analyst rating on (TSE:LCFS) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Tidewater Renewables Ltd. stock, see the TSE:LCFS Stock Forecast page.

Tidewater Renewables Reports Q1 2025 Results and Strategic Developments

Tidewater Renewables Ltd. reported its first-quarter 2025 results, highlighting a strategic sale of its interest in Rimrock Renewables Limited Partnership, which helped reduce debt. The company faced a decline in net income and Adjusted EBITDA compared to the previous year, attributed to asset sales and contract terminations. The Government of British Columbia’s amendments to the Low Carbon Fuels Act, increasing renewable fuel requirements, are seen as beneficial for the company and the broader Canadian biofuels sector. Additionally, Tidewater Renewables successfully refinanced its credit facilities, providing more financial flexibility. Despite a minor fire incident at its renewable diesel complex, operations resumed swiftly with minimal impact. The Canadian International Trade Tribunal’s decision to terminate an inquiry into alleged subsidized U.S. imports marks a significant development for the company.

Tribunal Ends Inquiry into Tidewater Renewables’ Trade Complaint

The Canadian International Trade Tribunal has terminated its preliminary injury inquiry into Tidewater Renewables Ltd.’s complaint regarding countervailing and anti-dumping duties on U.S. renewable diesel imports. Despite disappointment, Tidewater Renewables remains committed to advocating for fair trade in Canada’s renewable diesel market, as it believes that U.S. imports have caused significant harm to its operations as the sole Canadian producer. The company is reviewing its options and may consider filing a new complaint.