BQE Water Inc.

TSXV:BQE Stock Report

Market Cap: CA$69.2m

BQE Water Past Earnings Performance

Past criteria checks 5/6

BQE Water has been growing earnings at an average annual rate of 35.1%, while the Commercial Services industry saw earnings growing at 6.7% annually. Revenues have been growing at an average rate of 25.3% per year. BQE Water's return on equity is 31.3%, and it has net margins of 31.7%.

Key information

35.08%

Earnings growth rate

34.16%

EPS growth rate

Commercial Services Industry Growth7.30%
Revenue growth rate25.29%
Return on equity31.28%
Net Margin31.73%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

Returns Are Gaining Momentum At BQE Water (CVE:BQE)

May 27
Returns Are Gaining Momentum At BQE Water (CVE:BQE)

Here's Why BQE Water (CVE:BQE) Has Caught The Eye Of Investors

Apr 08
Here's Why BQE Water (CVE:BQE) Has Caught The Eye Of Investors

Market Cool On BQE Water Inc.'s (CVE:BQE) Earnings

Mar 12
Market Cool On BQE Water Inc.'s (CVE:BQE) Earnings

Returns At BQE Water (CVE:BQE) Are On The Way Up

Aug 11
Returns At BQE Water (CVE:BQE) Are On The Way Up

BQE Water's (CVE:BQE) Earnings Are Of Questionable Quality

May 03
BQE Water's (CVE:BQE) Earnings Are Of Questionable Quality

Why Investors Shouldn't Be Surprised By BQE Water Inc.'s (CVE:BQE) 47% Share Price Surge

Apr 10
Why Investors Shouldn't Be Surprised By BQE Water Inc.'s (CVE:BQE) 47% Share Price Surge

BQE Water's (CVE:BQE) Returns On Capital Are Heading Higher

Mar 14
BQE Water's (CVE:BQE) Returns On Capital Are Heading Higher

Investors Will Want BQE Water's (CVE:BQE) Growth In ROCE To Persist

Sep 19
Investors Will Want BQE Water's (CVE:BQE) Growth In ROCE To Persist

Does BQE Water (CVE:BQE) Deserve A Spot On Your Watchlist?

Apr 24
Does BQE Water (CVE:BQE) Deserve A Spot On Your Watchlist?

BQE Water's (CVE:BQE) Profits Appear To Have Quality Issues

Sep 02
BQE Water's (CVE:BQE) Profits Appear To Have Quality Issues

Here's Why I Think BQE Water (CVE:BQE) Is An Interesting Stock

Mar 24
Here's Why I Think BQE Water (CVE:BQE) Is An Interesting Stock

Do Its Financials Have Any Role To Play In Driving BQE Water Inc.'s (CVE:BQE) Stock Up Recently?

Feb 17
Do Its Financials Have Any Role To Play In Driving BQE Water Inc.'s (CVE:BQE) Stock Up Recently?

Here's Why We Think BQE Water (CVE:BQE) Is Well Worth Watching

Dec 15
Here's Why We Think BQE Water (CVE:BQE) Is Well Worth Watching

BQE Water Inc. (CVE:BQE) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Nov 19
BQE Water Inc. (CVE:BQE) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Revenue & Expenses Breakdown

How BQE Water makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:BQE Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2522770
31 Dec 2417570
30 Sep 2418480
30 Jun 2417270
31 Mar 2418370
31 Dec 2318360
30 Sep 2317260
30 Jun 2314160
31 Mar 2312150
31 Dec 2212150
30 Sep 2211240
30 Jun 2211340
31 Mar 229340
31 Dec 218330
30 Sep 217240
30 Jun 217230
31 Mar 217130
31 Dec 208130
30 Sep 207130
30 Jun 207030
31 Mar 207130
31 Dec 196030
30 Sep 196130
30 Jun 195130
31 Mar 194030
31 Dec 184030
30 Sep 184030
30 Jun 184-130
31 Mar 184030
31 Dec 174030
30 Sep 175130
30 Jun 175030
31 Mar 174-230
31 Dec 164-230
30 Sep 164-340
30 Jun 164-330
31 Mar 164-230
31 Dec 154-130
30 Sep 153-130
30 Jun 154030
31 Mar 154030
31 Dec 144-240
30 Sep 144-340

Quality Earnings: BQE has a high level of non-cash earnings.

Growing Profit Margin: BQE's current net profit margins (31.7%) are higher than last year (14%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BQE's earnings have grown significantly by 35.1% per year over the past 5 years.

Accelerating Growth: BQE's earnings growth over the past year (180%) exceeds its 5-year average (35.1% per year).

Earnings vs Industry: BQE earnings growth over the past year (180%) exceeded the Commercial Services industry 5.7%.


Return on Equity

High ROE: BQE's Return on Equity (31.3%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/30 07:18
End of Day Share Price 2025/07/28 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

BQE Water Inc. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas CortellucciAtrium Research
Sara ElfordCanaccord Genuity
Massimo FioreCantor Fitzgerald Canada Corporation