Tidewater Renewables Ltd. (LCFS) AI Stock Analysis

• Market Cap: C$85.56M
• Dividend Yield: N/A
• Average Volume (3M): 9.69K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.04
• Revenue Growth: 97.32%
• EPS Growth: -2916.07%
• Country: CA
• Employees: 83
• Sector: Utilities
• Sector Strength: 78
• Industry: Renewable Utilities
• EPS (TTM): 0.14
• Shares Outstanding: 36,410,000
• 10 Day Avg. Volume: 7,681
• 30 Day Avg. Volume: 9,691
• PEG Ratio: 0.04
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.26
• 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$4.00
• Price Target Upside: 66.67% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 43 Neutral
• Price Target: C$2.00 ▼(-16.67%Downside)

The overall score reflects significant financial challenges and a negative valuation outlook. Technical indicators suggest bearish momentum, adding to the cautious outlook. The lack of earnings call data and dividend yield further depresses 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 renewable fuels, including renewable diesel and renewable natural gas. The company capitalizes on government incentives and credits related to low-carbon fuel standards (LCFS) and carbon offset programs, which enhance the profitability of its renewable products. Key revenue streams include long-term supply contracts with various industries, leveraging partnerships with governmental and non-governmental organizations, and investing in infrastructure that supports the efficient production and distribution of renewable fuels. Additionally, Tidewater Renewables may engage in joint ventures and strategic alliances to expand its market reach and optimize its operations, further contributing to its earnings.

Tidewater Renewables Ltd. Financial Statement Overview

Summary

The company is struggling financially with negative net income and declining gross profit margins. While the balance sheet shows some stability, cash flow challenges and inconsistent revenue growth present significant risks.

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
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
372.98M	426.54M	97.68M	76.10M	23.05M	4.17M
	Gross Profit
85.09M	118.15M	44.05M	46.13M	8.93M	-1.78M
	EBIT
59.95M	77.73M	4.02M	17.63M	7.40M	-10.33M
	EBITDA
-420.73M	-409.47M	-17.12M	62.30M	12.11M	-4.01M
	Net Income Common Stockholders
-360.32M	-357.85M	-41.02M	25.94M	2.76M	-12.70M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
123.00K	44.00K	105.00K	11.38M	1.02M	-25.35M
	Total Assets
401.69M	406.53M	1.09B	993.32M	730.99M	73.30M
	Total Debt
172.10M	192.98M	345.60M	219.37M	81.86M	25.35M
	Net Debt
171.97M	192.94M	345.49M	207.99M	80.84M	50.70M
	Total Liabilities
245.17M	248.75M	573.57M	443.20M	215.40M	33.38M
	Stockholders Equity
156.52M	151.27M	506.63M	543.63M	515.60M	39.92M
Cash Flow		Free Cash Flow
-11.73M	30.60M	-180.02M	-177.13M	-24.62M	-8.01M
	Operating Cash Flow
8.60M	54.65M	22.78M	67.44M	6.36M	-4.43M
	Investing Cash Flow
119.34M	129.08M	-136.04M	-194.50M	-213.15M	-3.02M
	Financing Cash Flow
-147.77M	-183.79M	101.98M	137.41M	207.81M	7.45M

Tidewater Renewables Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.40
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Negative. The current price of 2.4 is below the 20-day moving average (MA) of 2.51, below the 50-day MA of 2.79, and above the 200-day MA of 1.85, indicating a neutral trend. The MACD of -0.11 indicates Positive momentum. The RSI at 43.56 is Neutral, neither overbought nor oversold. The STOCH value of 47.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	71 Outperform	C$15.13M	6.67	73.47%	―	371.84%	―
INE	67 Neutral	C$2.79B	69.91	4.20%	2.62%	0.97%	―
Sector *	64 Neutral	$8.54B	10.40	4.24%	4.63%	4.14%	-13.05%
BLX	63 Neutral	C$3.32B	302.34	0.67%	2.04%	-16.63%	-87.78%
WEB	54 Neutral	C$74.77M	3.79	43.72%	―	―	-37.73%
GIP	50 Neutral	C$79.88M	―	-24.89%	―	-13.68%	-1548.28%
LCFS	43 Neutral	C$85.56M	―	-107.29%	―	97.32%	-2916.07%

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.

Tidewater Renewables Reports Minor Fire at Diesel Refinery

Tidewater Renewables Ltd. reported a minor fire incident at its renewable diesel refinery in Prince George, British Columbia. The fire has been extinguished with no injuries reported, and the company is investigating the incident. The damage appears minimal, and Tidewater Renewables expects no significant impact on its operations or financial results due to sufficient spare parts and inventory levels.

Tidewater Renewables Reports Improved Q4 2024 Results and Strategic Developments

Tidewater Renewables Ltd. reported a net loss of $3.4 million for Q4 2024, a significant improvement from the previous year’s loss, due to gains on derivative contracts and joint venture income. Despite a decrease in Adjusted EBITDA, the company saw high utilization rates at its renewable diesel complex and continued progress on its sustainable aviation fuel project. The company also announced a refinancing of its credit facilities and a board change, with Thomas P. Dea joining as a director.