Current Water Technologies Inc (WATR) AI Stock Analysis

• Market Cap: C$4.79M
• Dividend Yield: N/A
• Average Volume (3M): 151.65K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: -49.88%
• EPS Growth: -266.67%
• Country: CA
• Employees: N/A
• Sector: Utilities
• Sector Strength: 80
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): >-0.01
• Shares Outstanding: 239,608,370
• 10 Day Avg. Volume: 40,652
• 30 Day Avg. Volume: 151,649
• PEG Ratio: 0.24
• Price to Book (P/B): -18.26
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -22.34
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: ―

Current Water Technologies Inc. demonstrates financial instability with high leverage and consistent losses, reflected in a low financial performance score. The technical analysis shows a neutral trend, lacking strong momentum. Valuation remains a concern due to negative earnings. However, recent corporate actions, such as securing new contracts and successful fundraising, offer positive growth prospects and potential stabilization.

Current Water Technologies Inc Business Overview & Revenue Model

Company Description

Current Water Technologies Inc. develops environmental technologies in Canada, Australia, and the United States. It operates through two segments, Current Water and Pumptronics. The company provides patented and proprietary technologies for the treatment of wastewater and drinking water that are contaminated by metals or nutrients, such as arsenic and nitrate/ammonia associated with the mining, metal processing, chemical, agricultural, municipal, and waste management sectors; and for the recovery of nickel and other valuable metals from waste mill sulphide tailings associated with the mining sector. Its technologies include electro-static deionization, a electrochemical process that lowers the concentration of total dissolved solids in water; ammonia removal technology, a technology used for the removal of dissolved ammonia from industrial and municipal water, including wastewater, storm water, sewage effluent, and mine waste water; NitrEL system, an electrochemical water treatment process that reduces nitrate concentrations in contaminated drinking water, groundwater, and industrial process wastewater streams; AmdEl, an electrochemical system that prevents the oxidation of sulphide minerals in tailings or waste rock; and ExtrEL for the recovery of metals from sulphide tailings and ore. The company was formerly known as ENPAR Technologies Inc. and changed its name to Current Water Technologies Inc. in January 2018. Current Water Technologies Inc. was incorporated in 1996 and is headquartered in Guelph, Canada.

How the Company Makes Money

Current Water Technologies Inc. generates revenue primarily through the sale and licensing of its patented water treatment technologies and systems. The company offers its products to a range of clients in industrial and municipal sectors, where there is a significant need for effective water treatment solutions. Revenue streams include direct sales, licensing agreements with partners who utilize the company's technologies, and service contracts for the maintenance and operation of installed systems. The company may also engage in research and development partnerships or receive grants for the advancement of its technologies, but detailed information on specific partnerships or financial data is not available.

Current Water Technologies Inc Financial Statement Overview

Summary

Current Water Technologies Inc. faces financial challenges, with persistent losses and negative margins. The balance sheet shows high leverage and low equity, indicating financial risk. However, there are improvements in cash flow management, though reliance on external financing remains high.

Income Statement

The company's revenue has been declining over recent periods, with a significant drop in total revenue from 2022 to TTM (Trailing-Twelve-Months). Gross profit margin is negative in the TTM, indicating that costs exceed revenues, which is a major concern for profitability. The net profit margin is also negative in the TTM, highlighting consistent losses, and the EBIT margin remains negative, indicating operational inefficiencies. However, there was a positive EBITDA in the TTM, showing some improvement in operational cash generation.

Balance Sheet

The company has a concerning debt-to-equity ratio due to low equity levels, which increased financial risk. Return on equity is not meaningful due to negative equity in previous years. The equity ratio is low, indicating a high reliance on liabilities to finance assets. The financial structure remains weak, with high liabilities compared to equity and assets.

Cash Flow

Free cash flow is negative in the TTM, indicating cash outflows after capital expenditures. The operating cash flow to net income ratio is negative, reflecting cash flow challenges. However, the company improved its free cash flow from 2022 to TTM, showing some improvement in cash management. Financing cash flow remains crucial for sustaining operations, as indicated by recent inflows.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.53M	2.02M	2.16M	1.18M	1.41M
	Gross Profit
-367.07K	106.69K	131.18K	-630.86K	431.88K
	EBIT
-1.03M	-534.23K	-1.04M	-1.54M	-272.76K
	EBITDA
-728.74K	701.50K	-872.16K	-1.38M	-122.89K
	Net Income Common Stockholders
-1.02M	447.15K	-1.05M	-1.57M	-307.82K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
79.11K	113.14K	118.67K	635.30K	132.53K
	Total Assets
1.54M	2.11M	902.76K	1.50M	1.34M
	Total Debt
732.26K	1.04M	233.06K	369.64K	503.49K
	Net Debt
653.15K	924.48K	114.38K	-265.66K	370.96K
	Total Liabilities
1.67M	2.01M	1.37M	1.28M	1.40M
	Stockholders Equity
-127.95K	96.59K	-464.96K	216.71K	-64.21K
Cash Flow		Free Cash Flow
-508.66K	164.31K	-380.04K	-1.11M	-413.63K
	Operating Cash Flow
-508.65K	168.31K	-377.33K	-1.01M	-413.63K
	Investing Cash Flow
0.00	-4.00K	-2.71K	-93.26K	0.00
	Financing Cash Flow
474.63K	-169.84K	-136.59K	1.60M	473.89K

Current Water Technologies Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WATR, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.74 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WATR.

Current Water Technologies Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$8.55B	10.42	4.24%	4.64%	4.05%	-13.04%
GRN	61 Neutral	C$14.91M	―	-6.67%	―	-32.69%	94.36%
QST	56 Neutral	C$11.01M	―	-9.94%	―	1.06%	56.94%
SHRC	52 Neutral	C$15.47M	―	-539.37%	―	46.73%	6.56%
WATR	47 Neutral	C$4.79M	―	-143.77%	―	-49.88%	-266.67%
ATMO	45 Neutral	C$475.25K	―	18.75%	―	-100.00%	98.22%
DST	43 Neutral	C$3.53M	―	23.34%	―	-41.98%	-123.77%

Current Water Technologies Inc Corporate Events

Current Water Technologies Secures Contract for Major Irrigation Project

Current Water Technologies Inc. announced that its Pumptronics division has been contracted to design and fabricate a fully automated irrigation pumping station in Eastern Canada. This project, aimed at delivering 18,000 liters of water per minute to grow facilities, is expected to complete its first stage by 2025, with installation and commissioning planned for early 2026. This development underscores the company’s expertise in custom pump station solutions and strengthens its position in the water management industry.

Current Water Technologies Expands Market with New Water Treatment System Sale

Current Water Technologies Inc. announced the sale of a patented water treatment system for producing high purity water, targeting a niche market with significant growth potential. This initiative is expected to lead to substantial future sales, enhancing the company’s market position. Additionally, the company provided an update on a private placement involving insider participation, which did not significantly alter insider ownership percentages.

Current Water Technologies Inc. Completes $320,000 Private Placement

Current Water Technologies Inc. has successfully closed a private placement, raising $320,000 CAD through the issuance of 10,666,667 common shares at a price of $0.03 per share. This capital raise, conducted under the TSX-V’s minimum price exception, will support the company’s financial positioning, although it does not include share purchase warrants or involve any finder’s fees.

Current Water Technologies Inc. Launches $350,000 Private Placement to Fund Operations

Current Water Technologies Inc. announced a non-brokered private placement financing of up to $350,000, offering 11,666,667 common shares at $0.03 each, without share purchase warrants. The funds will be allocated towards equipment sales activities and general working capital, with the transaction set to close around February 14, 2025, pending regulatory approvals.