Reported Earnings • Dec 02
Third quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 3Q 2024) Third quarter 2025 results: CA$0.001 loss per share (in line with 3Q 2024). Revenue: CA$191.9k (down 56% from 3Q 2024). Net loss: CA$222.0k (loss narrowed 30% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Annonce • Oct 21
Current Water Technologies Inc., Annual General Meeting, Dec 18, 2025 Current Water Technologies Inc., Annual General Meeting, Dec 18, 2025. New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$454k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$454k free cash flow). Share price has been highly volatile over the past 3 months (46% average weekly change). Negative equity (-CA$409k). Earnings have declined by 1.9% per year over the past 5 years. Revenue is less than US$1m (CA$744k revenue, or US$542k). Market cap is less than US$10m (CA$4.93m market cap, or US$3.59m). Annonce • Aug 12
Current Water Technologies Inc. Prepares to Ship Electrochemical Water Treatment System for Production of High Purchase Water Current Water Technologies Inc. provided an update to its March 17, 2025 press release. Fabrication of the electrochemical water treatment system followed by a comprehensive in-house test program has been completed. The system is scheduled to be shipped to the client within the next 1-2 weeks. The Company and partner anticipates that the successful implementation of this system will lead to additional near-term sales. Annonce • Jul 30
Current Water Technologies Inc. Announces Directorate Changes Current Water Technologies Inc. announced that Dr. You-Zhi Tang has joined CWTI as director effective July 29, 2025. Dr. Tang will serve on the Audit and Compensation Committees of the Board. Dr. You-Zhi Tang is an internationally recognized cleantech expert and entrepreneur. Dr. Tang served as a senior manager and executive in major Canadian engineering and environmental companies, with technical and management responsibilities in air quality, IAQ and occupational health & safety, environmental science and engineering, as well as sustainability practice for businesses. In the past 15 years, Dr. Tang has been heavily involved in renewable energy projects, including solar, wind, bio-energy, small hydro, and geothermal. His most recent interest is hydrogen technologies, with multiple patents awarded for inventions in hydrogen-related technologies and their applications. He has also several patents in wastewater treatment and motor vehicle emission control. Dr. Tang is Formal President of Air & Waste Management Association - Ontario Section. He is the recipient of many awards including the Green Toronto Award – 2007 Environmental Award of Excellence, and the Toronto Climate Hero Award. Mr. Alex Kaszuba has stepped down as Director to accommodate this new appointment. Mr. Kaszuba has served on the Board since January 01, 2020. Annonce • Jun 04
Current Water Technologies Inc. announced that it has received CAD 0.20945 million in funding On June 3, 2025, Current Water Technologies Inc., closed the transaction. The company issued 6,981,667 units at a price of CAD 0.03 per unit for the gross proceeds of CAD 209,450.01 in the transaction. Gene Shelp, CEO and director participated for 1,315,000 Units each and 1,315,000 warrants. Reported Earnings • Jun 02
First quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0 in 1Q 2024) First quarter 2025 results: CA$0.001 loss per share (further deteriorated from CA$0 in 1Q 2024). Revenue: CA$285.2k (down 67% from 1Q 2024). Net loss: CA$305.2k (down 414% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Annonce • May 27
Current Water Technologies Inc. announced that it expects to receive CAD 0.22 million in funding Current Water Technologies Inc announced a non-brokered, private placement financing to issue 7,333,333 Units at a price of CAD 0.03 per unit for gross proceeds of CAD 219,999.99 on May 26, 2025. Each unit will be comprised of one Common Share and one Share Purchase Warrant (“Warrant”). One Warrant will entitle the holder to purchase one Common Share at an exercise price of CAD 0.06 per Share, which is exercisable for a period of three (3) years from the date of closing. The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange (the “TSXV”). The securities issued under the Offering are subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws. There are no finder’s fees associated with this private placement financing. The Company anticipates closing the financing on or about June 02, 2025. New Risk • May 07
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$128k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Negative equity (-CA$128k). Market cap is less than US$10m (CA$4.79m market cap, or US$3.46m). Minor Risk Revenue is less than US$5m (CA$1.6m revenue, or US$1.2m). Recent Insider Transactions • Feb 19
President recently bought CA$90k worth of stock On the 12th of February, Gene Shelp bought around 3m shares on-market at roughly CA$0.03 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Gene's only on-market trade for the last 12 months. Annonce • Feb 13
Current Water Technologies Inc. announced that it has received CAD 0.32 million in funding On February 12, 2025, Current Water Technologies Inc. closed the transaction. The company issued 10,666,667 Common Shares at a price of CAD 0.03 per share for gross proceed of CAD 320,000.01. New Risk • Dec 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$494k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$494k free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue is less than US$1m (CA$1.3m revenue, or US$889k). Market cap is less than US$10m (CA$4.58m market cap, or US$3.26m). Minor Risk Shareholders have been diluted in the past year (7.9% increase in shares outstanding). Reported Earnings • Dec 01
Third quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.002 profit in 3Q 2023) Third quarter 2024 results: CA$0.001 loss per share (down from CA$0.002 profit in 3Q 2023). Revenue: CA$430.9k (down 72% from 3Q 2023). Net loss: CA$316.4k (down 193% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annonce • Oct 29
Current Water Technologies Inc., Annual General Meeting, Dec 20, 2024 Current Water Technologies Inc., Annual General Meeting, Dec 20, 2024. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CA$0 (vs CA$0.001 in 2Q 2023) Second quarter 2024 results: EPS: CA$0 (down from CA$0.001 in 2Q 2023). Revenue: CA$481.2k (down 30% from 2Q 2023). Net loss: CA$36.3k (down 127% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 05
First quarter 2024 earnings released: EPS: CA$0 (vs CA$0.002 in 1Q 2023) First quarter 2024 results: EPS: CA$0 (down from CA$0.002 in 1Q 2023). Revenue: CA$868.6k (down 13% from 1Q 2023). Net income: CA$97.3k (down 70% from 1Q 2023). Profit margin: 11% (down from 33% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Annonce • Jun 05
Current Water Technologies Inc. announced that it has received CAD 0.5 million in funding On June 3, 2024, Current Water Technologies Inc. closed the transaction. The company issued 16,666,667 Common Shares at a price of CAD 0.03 per share for the gross proceeds of CAD 500,000.01. All securities issued pursuant to the Private Placement will be subject to a four month and one day hold period, in accordance with applicable securities laws. This Private Placement will not include Share Purchase Warrants. In connection with the Private Placement, the Company has paid no finder's fees. Annonce • May 28
Current Water Technologies Inc. announced that it expects to receive CAD 0.5 million in funding Current Water Technologies Inc. announced a non-brokered private placement of up to 16,666,667 common shares at a price of CAD 0.03 per unit for the gross proceeds of CAD 500,000 on May 27, 2024. All securities issued pursuant to the Private Placement will be subject to a four month and one day hold period, in accordance with applicable securities laws. The Private Placement is expected to close May 31, 2024. Reported Earnings • May 01
Full year 2023 earnings released: EPS: CA$0.002 (vs CA$0.005 loss in FY 2022) Full year 2023 results: EPS: CA$0.002 (up from CA$0.005 loss in FY 2022). Revenue: CA$3.04m (up 41% from FY 2022). Net income: CA$447.2k (up CA$1.50m from FY 2022). Profit margin: 15% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 24
Third quarter 2023 earnings released: EPS: CA$0.002 (vs CA$0.001 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.002 (up from CA$0.001 in 3Q 2022). Revenue: CA$1.55m (up 60% from 3Q 2022). Net income: CA$338.7k (up 93% from 3Q 2022). Profit margin: 22% (up from 18% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 28
Current Water Technologies Inc., Annual General Meeting, Dec 21, 2023 Current Water Technologies Inc., Annual General Meeting, Dec 21, 2023. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CA$0.001 (vs CA$0.002 loss in 2Q 2022) Second quarter 2023 results: EPS: CA$0.001 (up from CA$0.002 loss in 2Q 2022). Revenue: CA$691.8k (up 45% from 2Q 2022). Net income: CA$136.3k (up CA$500.8k from 2Q 2022). Profit margin: 20% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Jun 01
First quarter 2023 earnings released: EPS: CA$0.002 (vs CA$0 in 1Q 2022) First quarter 2023 results: EPS: CA$0.002 (up from CA$0 in 1Q 2022). Revenue: CA$1.00m (up 45% from 1Q 2022). Net income: CA$329.1k (up CA$394.5k from 1Q 2022). Profit margin: 33% (up from net loss in 1Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • May 01
Full year 2022 earnings released: CA$0.005 loss per share (vs CA$0.008 loss in FY 2021) Full year 2022 results: CA$0.005 loss per share (improved from CA$0.008 loss in FY 2021). Revenue: CA$2.16m (up 83% from FY 2021). Net loss: CA$1.05m (loss narrowed 33% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Director Alexander Kaszuba was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 25
Third quarter 2022 earnings released: EPS: CA$0.001 (vs CA$0.003 loss in 3Q 2021) Third quarter 2022 results: EPS: CA$0.001 (up from CA$0.003 loss in 3Q 2021). Revenue: CA$968.6k (up CA$808.4k from 3Q 2021). Net income: CA$175.2k (up CA$655.6k from 3Q 2021). Profit margin: 18% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annonce • Oct 15
Current Water Technologies Inc., Annual General Meeting, Dec 23, 2022 Current Water Technologies Inc., Annual General Meeting, Dec 23, 2022. Annonce • Sep 23
Current Water Technologies Inc. Files Patent Cooperation Treaty Application to Secure Patent Protection Internationally for its Novel AmmEl-H2 Hydrogen Recovery Technology Current Water Technologies Inc. announced the filing of a PCT patent application seeking protection internationally for its leading edge AmmEl-H2 technology to recover hydrogen from municipal and industrial waste waters containing ammonia. The filing of this single international patent application can facilitate patent protection for this exciting technology in a total of 156 PCT member states (as of April 1, 2022). Annonce • Sep 20
Current Water Technologies Inc. Files Provisional Patent Application for Its Ammel-Aqua Technology Current Water Technologies Inc. announced the filing of a provisional patent application for its AmmEl-AQUA system for treatment of ammonia in the aquaculture sector. The filing of this application with the U.S. Patent and Trademark Office (USPTO) establishes an early effective filing date and allows CWTI to ascribe the phrase “patent pending” to any commercial products, methods, or services contemplated by the subject matter claimed. The patent application, once converted into a U.S. non-provisional, utility application, provides the detailed claims upon which legal protection is afforded upon a grant of a U.S. patent. CWTI also plans to submit individual national stage patent applications in select international jurisdictions. Reported Earnings • Aug 27
Second quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 2Q 2021) Second quarter 2022 results: CA$0.002 loss per share (down from CA$0.001 loss in 2Q 2021). Revenue: CA$478.6k (down 13% from 2Q 2021). Net loss: CA$364.4k (loss widened 122% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annonce • Aug 11
Current Water Technologies Inc. Completes Fabrication and Testing of Patent-Pending AmmEL-H2 Green Hydrogen Pilot System Current Water Technologies Inc., an emerging technology leader in the management of industrial and municipal wastewater, and in the development of novel hydrogen and lithium recovery technologies ships an AmmEL-H2 Green Hydrogen pilot system to Highland Engineering of Michigan. Highland Engineering Inc. will install the AmmEL-H2 unit into a mobile sea container to facilitate the demonstration of this exciting technology to its clients. This opportunity to showcase CWTI’s novel technology represents a major step toward achieving success within the global hydrogen market sector. CWTI anticipates future commercial contacts resulting from the successful demonstration of this technology by Highland Engineering. Reported Earnings • Jun 01
First quarter 2022 earnings released: EPS: CA$0 (vs CA$0.002 loss in 1Q 2021) First quarter 2022 results: EPS: CA$0 (up from CA$0.002 loss in 1Q 2021). Revenue: CA$689.2k (up 124% from 1Q 2021). Net loss: CA$65.4k (loss narrowed 82% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 01
Full year 2021 earnings released: CA$0.008 loss per share (vs CA$0.002 loss in FY 2020) Full year 2021 results: CA$0.008 loss per share (down from CA$0.002 loss in FY 2020). Revenue: CA$1.18m (down 16% from FY 2020). Net loss: CA$1.57m (loss widened 410% from FY 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annonce • Apr 27
Current Water Technologies Inc. Provides Sales Guidance for the Year 2022 Current Water Technologies Inc. announced that the company expects significant sales growth both domestically and internationally with record sales forecast for 2022. Annonce • Dec 10
Current Water Technologies Inc. Completes Successful Inhouse Test Program of Its Novel Ammonia Treatment System Current Water Technologies Inc. completed successful inhouse test program of its novel ammonia treatment system (“AmmEl-Aqua”) for the safe transport of marine and fresh water animals. To complete the installation and commissioning, CWTI will integrate the AmmEl-Aqua system with systems developed by Nature’s Way for the management of dissolved oxygen and carbon dioxide. Following the completion of the initial trial with lobster, the test program will be expanded to include additional commercial species such as snow crab, halibut and arctic char. Ammonia, after oxygen, is generally considered the water quality parameter that most affects the health of aquaculture animals. This issue is most important in intensive systems which require comprehensive treatment of the water before recirculation. Even low levels of ammonia cause stress and poor growth, damage gills and other tissue, and increase susceptibility to bacterial infections. Ammonia is the principal metabolic waste product of fish and other aquaculture animals. Therefore, it is extremely important that ammonia is not allowed to accumulate to toxic levels by aggressively treating the water during pre-transport conditioning and transportation. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CA$0.001 loss per share (vs CA$0.001 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CA$552.3k (up 19% from 2Q 2020). Net loss: CA$163.9k (down 281% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • May 31
First quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 1Q 2020) The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CA$307.2k (up 48% from 1Q 2020). Net loss: CA$364.5k (loss widened 122% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Annonce • Mar 11
Current Water Technologies Inc. announced that it has received CAD 1.6 million in funding On March 10, 2021, Current Water Technologies Inc. (TSXV:WATR) closed the transaction. On the same day, the company issued 7,180,000 units for gross proceeds of CAD 359,000 in its final tranche of the transaction. The company has paid finder's fees consisting of cash payments equal to 7% , share payments equal to 7% of the aggregate proceeds and 7% of granted warrants from subscriptions arranged by the finders for an aggregate total of CAD 37,975 cash, 1,165,500 shares and 3,090,500 warrants. Annonce • Feb 18
Current Water Technologies Inc. announced that it expects to receive CAD 1 million in funding Current Water Technologies Inc. (TSXV:WATR) announced a private placement of 20,000,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 1,000,000 on February 16, 2021. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.07 per share for a period of 3 years from the date of closing of the transaction. The transaction is subject to regulatory approval by the TSX Venture Exchange. Annonce • Jun 18
Current Water Technologies Inc. Auditor Raises 'Going Concern' Doubt Current Water Technologies Inc. filed its Annual on Jun 16, 2020 for the period ending Dec 31, 2019. In this report its auditor, Wasserman Ramsay, gave an unqualified opinion expressing doubt that the company can continue as a going concern.