Tidewater Renewables Ltd. (LCFS) AI Stock Analysis

• Market Cap: C$169.32M
• Dividend Yield: N/A
• Average Volume (3M): 10.90K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.31
• Revenue Growth: -7.35%
• EPS Growth: -3550.94%
• Country: CA
• Employees: 83
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): 0.35
• Shares Outstanding: 36,412,000
• 10 Day Avg. Volume: 9,040
• 30 Day Avg. Volume: 10,901
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.19
• Price to Sales (P/S): 0.07
• P/FCF Ratio: 0.93
• 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: -5.97% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 51 Neutral
• Price Target: C$3.00 ▼(-33.63% Downside)

The overall stock score is primarily impacted by the company's weak financial performance, which is a significant concern. Despite positive technical indicators suggesting some market momentum, the negative valuation metrics due to ongoing losses and lack of profitability weigh heavily on the stock's attractiveness.

Tidewater Renewables Ltd. Business Overview & Revenue Model

Company Description

Tidewater Renewables Ltd. engages in production of renewable fuel in North America. It intends to focus on the production of low carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The company intends to supply low carbon fuels to investment grade offtakers, existing customers, government entities, first nations groups, and others in the transportation, utilities, refining, marketing, power, and other industries. Tidewater Renewables Ltd. was incorporated in 2021 and is headquartered in Calgary, Canada.

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. faces significant financial challenges, including declining revenues, negative profitability, high leverage, and cash flow difficulties. The income statement, balance sheet, and cash flow analysis all indicate a need for strategic improvements.

Income Statement

The income statement shows significant challenges with negative net income and declining revenue growth. The TTM data indicates a negative net profit margin of -96.61%, and a revenue decline of 19.74% compared to the previous period. Gross profit margin has also decreased from 27.70% to 22.81%. The company is struggling with profitability as reflected in negative EBIT and EBITDA margins.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.10 in the TTM period, indicating significant leverage. Return on equity is negative, reflecting ongoing losses. However, the equity ratio remains relatively stable, suggesting some balance in asset financing.

Cash Flow

Cash flow analysis shows a concerning trend with negative free cash flow and a low operating cash flow to net income ratio of 0.11 in the TTM period. Free cash flow to net income is also negative, indicating cash flow challenges. Despite a slight improvement in free cash flow growth, the overall cash flow position remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	299.35M	426.54M	97.68M	76.10M	23.05M	4.17M
Gross Profit	64.95M	118.15M	44.05M	46.13M	8.93M	-1.78M
EBITDA	-423.73M	-404.94M	-17.12M	62.30M	12.11M	-4.01M
Net Income	-352.22M	-357.85M	-41.02M	25.94M	2.76M	-12.70M
Balance Sheet
Total Assets	397.22M	406.53M	1.09B	993.32M	730.99M	73.30M
Cash, Cash Equivalents and Short-Term Investments	202.00K	44.00K	105.00K	11.38M	1.02M	-25.35M
Total Debt	191.35M	192.98M	345.60M	219.37M	81.86M	25.35M
Total Liabilities	227.23M	248.75M	573.57M	443.20M	215.40M	33.38M
Stockholders Equity	169.99M	151.27M	506.63M	543.63M	515.60M	39.92M
Cash Flow
Free Cash Flow	-11.99M	30.60M	-180.02M	-177.13M	-24.62M	-8.01M
Operating Cash Flow	2.23M	54.65M	22.78M	67.44M	6.36M	-4.43M
Investing Cash Flow	151.83M	129.08M	-136.04M	-194.50M	-213.15M	-3.02M
Financing Cash Flow	-155.83M	-183.79M	101.98M	137.41M	207.81M	7.45M

Tidewater Renewables Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.52
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• 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 4.52 is above the 20-day moving average (MA) of 4.13, above the 50-day MA of 3.38, and above the 200-day MA of 2.31, indicating a bullish trend. The MACD of 0.41 indicates Negative momentum. The RSI at 70.17 is Negative, neither overbought nor oversold. The STOCH value of 71.47 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	59 Neutral	13.57M	5.56	―	―	371.84%	―
BLX	54 Neutral	2.86B	-286.54	-0.64%	2.37%	-13.45%	-112.19%
WEB	54 Neutral	80.90M	4.60	―	―	―	-46.59%
LCFS	51 Neutral	C$169.32M	―	-102.17%	―	-7.35%	-3550.94%
GIP	50 Neutral	62.30M	-2.99	-28.61%	―	-15.02%	-20.61%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%

Tidewater Renewables Ltd. Corporate Events

Tidewater Renewables Reports Strong Q2 2025 Results Amid Strategic Advances

Tidewater Renewables Ltd. reported a significant increase in net income for the second quarter of 2025, driven by improved cash flows and strategic offtake agreements. The company secured contracts for over 70% of its forecasted production for the latter half of 2025, benefiting from favorable regulatory changes in British Columbia that align with its strategic vision. These developments, alongside an extension of its credit facility, position Tidewater Renewables to capture additional market value and strengthen its competitive stance in the renewable fuels sector.

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 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.