View ValuationBQE Water 향후 성장Future 기준 점검 4/6BQE Water은 연간 수입과 매출이 각각 34%와 15.4% 증가할 것으로 예상되고 EPS는 연간 33.6%만큼 증가할 것으로 예상됩니다.핵심 정보34.0%이익 성장률33.61%EPS 성장률Commercial Services 이익 성장13.9%매출 성장률15.4%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트15 Jul 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €40.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total returns to shareholders of 115% over the past three years.Reported Earnings • May 29First quarter 2026 earnings released: CA$0.98 loss per share (vs CA$1.34 profit in 1Q 2025)First quarter 2026 results: CA$0.98 loss per share (down from CA$1.34 profit in 1Q 2025). Revenue: CA$4.80m (down 36% from 1Q 2025). Net loss: CA$1.28m (down 174% from profit in 1Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 26Full year 2025 earnings released: EPS: CA$6.23 (vs CA$3.78 in FY 2024)Full year 2025 results: EPS: CA$6.23 (up from CA$3.78 in FY 2024). Revenue: CA$35.5m (up 107% from FY 2024). Net income: CA$8.06m (up 68% from FY 2024). Profit margin: 23% (down from 28% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €46.20, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Commercial Services industry in Germany. Total returns to shareholders of 126% over the past three years.공고 • Apr 16BQE Water Inc. to Report Q4, 2025 Results on Apr 23, 2026BQE Water Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2026공고 • Mar 30BQE Water Inc., Annual General Meeting, May 29, 2026BQE Water Inc., Annual General Meeting, May 29, 2026. Location: british columbia, vancouver CanadaValuation Update With 7 Day Price Move • Dec 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €40.60, the stock trades at a forward P/E ratio of 9x. Average trailing P/E is 13x in the Commercial Services industry in Germany. Total returns to shareholders of 116% over the past three years.Reported Earnings • Nov 28Third quarter 2025 earnings released: EPS: CA$2.15 (vs CA$2.91 in 3Q 2024)Third quarter 2025 results: EPS: CA$2.15 (down from CA$2.91 in 3Q 2024). Revenue: CA$9.32m (up 37% from 3Q 2024). Net income: CA$2.78m (down 25% from 3Q 2024). Profit margin: 30% (down from 55% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공고 • Nov 21BQE Water Inc. Provides an Update on the Eagle Gold Mine ProjectBQE Water Inc. provided an update on the Eagle Gold Mine project. Following the heap leach failure at the mine in 2024, BQE Water designed, implemented, and operated an emergency water treatment plant, and has discharged over 1 million cubic meters of clean water safely into the environment, under contract with PricewaterhouseCoopers Inc. in its capacity as court appointed Receiver of Victoria Gold Corp. (the "Receiver"). With the remaining inventory of contaminated water on site greatly reduced by BQE Water this year, and with adequate storage now available, active operations and discharge into the environment are expected to cease in November 2025 and a winterization plan developed by BQE Water is expected to be complete prior to demobilization from site by December 15, 2025. In further development, BQE Water submitted a proposal in response to the tender for the design and implementation of a long-term water treatment solution at Eagle Mine and was later selected by the Receiver to carry out the first phase of engineering with a contract entered on November 4, 2025. It is anticipated that the first phase will complete by the middle of first quarter of 2026. Due to the complexity of water composition and to support all possible project scenarios, the long-term treatment plant will combine multiple new processes. One of these is a process for the removal of cobalt-cyanide complexes to trace levels using ion exchange. The process was developed and pilot tested by BQE Water at Eagle Mine during the 2025 operation season. The long-term treatment design also includes the use of BQE Water's direct electro-reduction of selenium to be deployed if/when required. A key aspect of the new design is a smooth, expedient, and cost-effective transition from BQE Water's emergency treatment process to the new permanent system starting with the anticipated re-start of water treatment prior to 2026 spring freshet, and a gradual expansion of treatment adding new treatment stages for cobalt-cyanide, nitrogen species, and selenium if required.공고 • Nov 13BQE Water Inc. Commences Routine Operation of New Selen-IX Plant in Record Time at the Wharf MineBQE Water Inc. reported that a new full scale Selen-IX plant located at the Coeur Wharf mine in South Dakota, USA had passed the performance test and began routine operation. This latest Selen-IX Plant set a record time for implementation of 20 months between the design engineering kick-off to the discharge of on-spec water into the environment. The plant is designed to treat between 150 to 400 gallons of influent water per minute, removing selenium to a discharge limit of less than 5 ppb (parts per billion). The performance test was very thorough and involved plant operation at the minimum, nominal, and maximum flowrates and selenium concentrations artificially spiked to double the current and historical levels. The plant has now entered routine operations under long-term support from BQE Water to ensure that the plant continues to perform and comply with regulatory requirements. Selen-IX™? was selected for this project over biological selenium reduction systems due to several factors including: ability to avoid reliance on dilution by meeting the in-stream limit directly at the end of pipe, performance unaffected by cold water temperatures, ability to operate in intermittent mode, ability to handle large and rapid fluctuations in feed flow, and minimization of residue management costs. The project showcases BQE Water's agility and the capability of the patented Selen-IX technology which enabled the mine site to start discharging clean water into environment in 20 months from the start of engineering. This would not have been possible without close collaboration and major support received from Coeur's team, and are grateful for all their efforts.New Risk • Sep 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€42.9m market cap, or US$50.3m).Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CA$1.48 (vs CA$0.44 in 2Q 2024)Second quarter 2025 results: EPS: CA$1.48 (up from CA$0.44 in 2Q 2024). Revenue: CA$11.3m (up 230% from 2Q 2024). Net income: CA$1.91m (up 241% from 2Q 2024). Profit margin: 17% (in line with 2Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공고 • Aug 13BQE Water Integrates Aquatic Toxicology Services into Its Core CompetenciesBQE Water Inc. announced that it is making a strategic investment into the integration of aquatic toxicology services into its existing business and suite of core competencies. This expansion is underpinned and made possible by a team of senior aquatic toxicologists including James Elphick, Dr Ebrahim (Ebi) Lari, and Josh Baker joining the BQE Water team. The investment includes the establishment of an aquatic toxicology laboratory as well as development of in-house resources to maintain BQE Water's leadership in the area of production of clean mine water. The goal of this investment is to improve the services offered by BQE Water to its clients, specifically: To reduce timelines and costs associated with implementing remedies to toxicity occurring in mine waters by having a strong in-house multidisciplinary team capable of evaluating causes of toxicity, performing all required testing, and designing remedies. To consider establishment of science-based site-specific water quality benchmarks holistically, including costs and risks of water treatment to optimize water quality from early project stages. To be in a unique position to provide guarantees to clients with respect to effluent toxicity as part of plant operations services. Approaching toxicity identification investigations and addressing gaps in the understanding of toxicant behaviour from a practical treatment perspective provides a unique service that will address ecological risks and reduce timelines for implementing the right remedies. While the plan is for the new BQE Water's toxicity testing laboratory to be fully accredited, the primary purpose of the laboratory is to support the Company's water treatment business and focus on investigative type of work rather than building a capacity for processing a high volume of samples for routine bioassays.Reported Earnings • May 31First quarter 2025 earnings released: EPS: CA$1.34 (vs CA$0.39 loss in 1Q 2024)First quarter 2025 results: EPS: CA$1.34 (up from CA$0.39 loss in 1Q 2024). Revenue: CA$7.45m (up 197% from 1Q 2024). Net income: CA$1.73m (up CA$2.21m from 1Q 2024). Profit margin: 23% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공고 • May 30BQE Water Inc. to Report Q1, 2025 Results on May 29, 2025BQE Water Inc. announced that they will report Q1, 2025 results on May 29, 2025New Risk • May 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (€46.1m market cap, or US$52.4m).Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €35.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 50% over the past three years.공고 • Apr 29BQE Water Inc., Annual General Meeting, Jun 26, 2025BQE Water Inc., Annual General Meeting, Jun 26, 2025. Location: british columbia, vancouver CanadaReported Earnings • Apr 25Full year 2024 earnings released: EPS: CA$3.78 (vs CA$2.12 in FY 2023)Full year 2024 results: EPS: CA$3.78 (up from CA$2.12 in FY 2023). Revenue: CA$17.2m (down 5.3% from FY 2023). Net income: CA$4.81m (up 81% from FY 2023). Profit margin: 28% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €37.20, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total returns to shareholders of 116% over the past three years.New Risk • Dec 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (€51.9m market cap, or US$54.9m).Reported Earnings • Nov 29Third quarter 2024 earnings released: EPS: CA$2.91 (vs CA$1.71 in 3Q 2023)Third quarter 2024 results: EPS: CA$2.91 (up from CA$1.71 in 3Q 2023). Revenue: CA$6.82m (up 9.1% from 3Q 2023). Net income: CA$3.72m (up 75% from 3Q 2023). Profit margin: 55% (up from 34% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €44.20, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total returns to shareholders of 121% over the past three years.Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CA$0.44 (vs CA$0.49 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.44 (down from CA$0.49 in 2Q 2023). Revenue: CA$3.42m (down 18% from 2Q 2023). Net income: CA$559.3k (down 8.9% from 2Q 2023). Profit margin: 16% (up from 15% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €41.60, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 108% over the past three years.공고 • Aug 11BQE Water Inc Appoints Richard Hubbard to Board of DirectorsBQE Water Inc. announced the appointment of Mr. Richard Hubbard to the Board of Directors, effective August 6, 2024. Following the appointment of Mr. Hubbard, the Board will comprise of 6 directors, 4 of whom are independent according to the requirements of the TSX-V. Mr. Hubbard brings over 40 years of experience in commercial leadership, corporate finance, capital markets and investment banking. His success spans multiple industries, largely in mining, but also from French luxury goods, international wine distribution, consumer electronics, and healthcare.New Risk • Jul 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Significant insider selling over the past 3 months (€127k sold). Market cap is less than US$100m (€48.3m market cap, or US$52.8m).Reported Earnings • May 30First quarter 2024 earnings released: CA$0.39 loss per share (vs CA$0.27 loss in 1Q 2023)First quarter 2024 results: CA$0.39 loss per share (further deteriorated from CA$0.27 loss in 1Q 2023). Revenue: CA$2.51m (down 6.8% from 1Q 2023). Net loss: CA$487.1k (loss widened 43% from 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CA$2.12 (vs CA$0.93 in FY 2022)Full year 2023 results: EPS: CA$2.12 (up from CA$0.93 in FY 2022). Revenue: CA$18.1m (up 49% from FY 2022). Net income: CA$2.65m (up 128% from FY 2022). Profit margin: 15% (up from 9.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.공고 • Apr 23BQE Water Inc., Annual General Meeting, Jun 25, 2024BQE Water Inc., Annual General Meeting, Jun 25, 2024.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 33%After last week's 33% share price gain to €36.20, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Commercial Services industry in Germany. Total returns to shareholders of 134% over the past three years.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €24.00, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 16x in the Commercial Services industry in Germany. Total returns to shareholders of 89% over the past three years.공고 • Feb 01BQE Water Inc. Completes Commissioning of Selen-IX Water Treatment Plant at US MineBQE Water Inc. has completed the commissioning phase and transitioned to the operating phase of the agreement for a water treatment plant at a base metal mine in Southwestern USA. Utilizing its award winning Selen-IX process technology, BQE Water treats mine impacted waters, removing selenium to below 2 ppb (Parts Per Billion), as well as dissolved metals, in compliance with applicable effluent quality regulations. Under the agreement, BQE Water is responsible for clean water production for environmental discharge. Compensation for operations services consists of a base monthly fee and a supplemental fee for additional water treated over and above the base. The base monthly fee is payable regardless of the volume of water reporting to treatment but is subject to the plant being available for treatment. Both fees are paid subject to the plant effluent meeting the target effluent water quality. Since the completion of commissioning, the plant has been operating 24/7 with an overall plant availability more than 95%. It is expected to run year-round and treat up to 4,500 gallons of water per minute, making it the largest Selen-IX plant currently in operation. The plant first removes a host of dissolved metals, followed by selenium removal. The key aspects of the plant design that led to the selection of Selen-IX technology for selenium removal included the stringent selenium effluent limit, the requirement for a rapid ramp-up in selenium removal capacity depending on flow and selenium concentrations, and the need to produce a stable non-hazardous residue.Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €24.40, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 18x in the Commercial Services industry in Germany. Total returns to shareholders of 107% over the past three years.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €22.00, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 19x in the Commercial Services industry in Germany. Total returns to shareholders of 88% over the past three years.Recent Insider Transactions • Dec 17President recently sold €72k worth of stockOn the 13th of December, David Kratochvil sold around 4k shares on-market at roughly €20.49 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by €113k.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €22.00, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 19x in the Commercial Services industry in Germany. Total returns to shareholders of 85% over the past three years.Reported Earnings • Nov 29Third quarter 2023 earnings released: EPS: CA$1.71 (vs CA$0.46 in 3Q 2022)Third quarter 2023 results: EPS: CA$1.71 (up from CA$0.46 in 3Q 2022). Revenue: CA$6.25m (up 78% from 3Q 2022). Net income: CA$2.13m (up 271% from 3Q 2022). Profit margin: 34% (up from 16% 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 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (4.4% net profit margin). Market cap is less than US$100m (€23.0m market cap, or US$24.4m).Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €20.40, the stock trades at a trailing P/E ratio of 61.1x. Average trailing P/E is 18x in the Commercial Services industry in Germany. Total returns to shareholders of 121% over the past three years.Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CA$0.49 (vs CA$0.51 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.49 (down from CA$0.51 in 2Q 2022). Revenue: CA$4.19m (up 54% from 2Q 2022). Net income: CA$615.0k (down 4.1% from 2Q 2022). Profit margin: 15% (down from 24% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year.Reported Earnings • Jun 01First quarter 2023 earnings released: CA$0.27 loss per share (vs CA$0.15 profit in 1Q 2022)First quarter 2023 results: CA$0.27 loss per share (down from CA$0.15 profit in 1Q 2022). Revenue: CA$2.69m (up 9.1% from 1Q 2022). Net loss: CA$340.0k (down 279% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 35% per year.Reported Earnings • Jun 01First quarter 2023 earnings released: CA$0.27 loss per share (vs CA$0.15 profit in 1Q 2022)First quarter 2023 results: CA$0.27 loss per share (down from CA$0.15 profit in 1Q 2022). Revenue: CA$2.69m (up 9.1% from 1Q 2022). Net loss: CA$340.0k (down 279% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 35% per year.Reported Earnings • Apr 30Full year 2022 earnings released: EPS: CA$0.93 (vs CA$2.14 in FY 2021)Full year 2022 results: EPS: CA$0.93 (down from CA$2.14 in FY 2021). Revenue: CA$12.2m (up 62% from FY 2021). Net income: CA$1.16m (down 56% from FY 2021). Profit margin: 9.6% (down from 35% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Sara Elford was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 24Third quarter 2022 earnings released: EPS: CA$0.46 (vs CA$1.25 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.46 (down from CA$1.25 in 3Q 2021). Revenue: CA$3.50m (up 26% from 3Q 2021). Net income: CA$573.9k (down 63% from 3Q 2021). Profit margin: 16% (down from 56% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CA$0.51 (vs CA$0.66 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.51 (down from CA$0.66 in 2Q 2021). Revenue: CA$2.72m (up 129% from 2Q 2021). Net income: CA$641.6k (down 21% from 2Q 2021). Profit margin: 24% (down from 68% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year whereas the company’s share price has increased by 66% per year.Recent Insider Transactions • Jun 22Insider recently sold €110k worth of stockOn the 20th of June, Robert Stein sold around 5k shares on-market at roughly €21.93 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €145k more than they sold in the last 12 months.Reported Earnings • May 27First quarter 2022 earnings released: EPS: CA$0.15 (vs CA$0.43 loss in 1Q 2021)First quarter 2022 results: EPS: CA$0.15 (up from CA$0.43 loss in 1Q 2021). Revenue: CA$2.47m (up 152% from 1Q 2021). Net income: CA$190.3k (up CA$713.6k from 1Q 2021). Profit margin: 7.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CA$2.14 (vs CA$0.96 in FY 2020)Full year 2021 results: EPS: CA$2.14 (up from CA$0.96 in FY 2020). Revenue: CA$7.51m (down 2.4% from FY 2020). Net income: CA$2.63m (up 125% from FY 2020). Profit margin: 35% (up from 15% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 23Full year 2021 earnings released: EPS: CA$2.14 (vs CA$0.96 in FY 2020)Full year 2021 results: EPS: CA$2.14 (up from CA$0.96 in FY 2020). Revenue: CA$7.51m (down 2.4% from FY 2020). Net income: CA$2.63m (up 125% from FY 2020). Profit margin: 35% (up from 15% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year whereas the company’s share price has increased by 65% per year.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 21% share price gain to €20.40, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 18x in the Commercial Services industry in Germany. Total returns to shareholders of 364% over the past three years.Reported Earnings • Nov 26Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: EPS: CA$1.25 (up from CA$1.19 in 3Q 2020). Revenue: CA$2.77m (up 1.3% from 3Q 2020). Net income: CA$1.54m (up 7.0% from 3Q 2020). Profit margin: 56% (up from 53% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 5.6%. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CA$0.66 (vs CA$0.044 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CA$1.19m (down 16% from 2Q 2020). Net income: CA$808.6k (up CA$861.6k from 2Q 2020). Profit margin: 68% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CA$16.80, the stock trades at a trailing P/E ratio of 46.4x. Average trailing P/E is 24x in the Commercial Services industry in Europe. Total returns to shareholders of 425% over the past three years.Reported Earnings • May 29First quarter 2021 earnings released: CA$0.43 loss per share (vs CA$0.015 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CA$979.7k (down 49% from 1Q 2020). Net loss: CA$523.2k (loss widened CA$504.9k from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 05Investor sentiment improved over the past weekAfter last week's 43% share price gain to CA$21.80, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 25x in the Commercial Services industry in Europe. Total returns to shareholders of 289% over the past three years.Reported Earnings • May 01Full year 2020 earnings released: EPS CA$0.96 (vs CA$0.20 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$7.70m (up 37% from FY 2019). Net income: CA$1.17m (up 384% from FY 2019). Profit margin: 15% (up from 4.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to CA$15.40, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 17x in the Commercial Services industry in Germany. Total returns to shareholders of 295% over the past three years.Is New 90 Day High Low • Dec 15New 90-day high: €13.00The company is up 41% from its price of €9.20 on 15 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 27% over the same period.Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 28% share price gain to CA$12.50, the stock is trading at a trailing P/E ratio of 32.6x, up from the previous P/E ratio of 25.5x. This compares to an average P/E of 19x in the Commercial Services industry in Europe. Total returns to shareholders over the past three years are 257%.Is New 90 Day High Low • Nov 27New 90-day high: €12.70The company is up 23% from its price of €10.30 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 16% over the same period.Reported Earnings • Nov 26Third quarter 2020 earnings released: EPS CA$1.19The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$2.74m (up 18% from 3Q 2019). Net income: CA$1.44m (up 70% from 3Q 2019). Profit margin: 53% (up from 37% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.이익 및 매출 성장 예측BST:UL5A - 애널리스트 향후 추정치 및 과거 재무 데이터 (CAD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20274397N/A112/31/20263863N/A13/31/202633545N/A12/31/202536855N/A9/30/202533834N/A6/30/202530855N/A3/31/202522712N/A12/31/202417523N/A9/30/202417434N/A6/30/202417211N/A3/31/202418312N/A12/31/202318311N/A9/30/2023172-1-1N/A6/30/2023141-1-1N/A3/31/2023121-1-1N/A12/31/2022121-10N/A9/30/2022112-10N/A6/30/2022113-10N/A3/31/202293-10N/A12/31/20218300N/A9/30/20217200N/A6/30/20217200N/A3/31/20217111N/A12/31/20208100N/A9/30/20207100N/A6/30/20207000N/A3/31/202071-1-1N/A12/31/201960N/A0N/A9/30/201961N/A0N/A6/30/201951N/A-1N/A3/31/201940N/A-1N/A12/31/201840N/A-1N/A9/30/201840N/A-2N/A6/30/20184-1N/A-1N/A3/31/201840N/A-1N/A12/31/201740N/A-1N/A9/30/201751N/A-1N/A6/30/201750N/A-1N/A3/31/20174-2N/A-1N/A12/31/20164-2N/A-1N/A9/30/20164-3N/A-1N/A6/30/20164-3N/A-1N/A3/31/20164-2N/A-1N/A12/31/20154-1N/A-1N/A9/30/20153-1N/A-2N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: UL5A 의 연간 예상 수익 증가율(34%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: UL5A 의 연간 수익(34%)이 German 시장(15.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: UL5A 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: UL5A 의 수익(연간 15.4%)이 German 시장(연간 6.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: UL5A 의 수익(연간 15.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: UL5A의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCommercial-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/30 18:05종가2026/07/30 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스BQE Water Inc.는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Nicholas CortellucciAtrium ResearchSara ElfordCanaccord GenuityMassimo FioreCantor Fitzgerald Canada Corporation1명의 분석가 더 보기
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €40.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total returns to shareholders of 115% over the past three years.
Reported Earnings • May 29First quarter 2026 earnings released: CA$0.98 loss per share (vs CA$1.34 profit in 1Q 2025)First quarter 2026 results: CA$0.98 loss per share (down from CA$1.34 profit in 1Q 2025). Revenue: CA$4.80m (down 36% from 1Q 2025). Net loss: CA$1.28m (down 174% from profit in 1Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 26Full year 2025 earnings released: EPS: CA$6.23 (vs CA$3.78 in FY 2024)Full year 2025 results: EPS: CA$6.23 (up from CA$3.78 in FY 2024). Revenue: CA$35.5m (up 107% from FY 2024). Net income: CA$8.06m (up 68% from FY 2024). Profit margin: 23% (down from 28% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €46.20, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Commercial Services industry in Germany. Total returns to shareholders of 126% over the past three years.
공고 • Apr 16BQE Water Inc. to Report Q4, 2025 Results on Apr 23, 2026BQE Water Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 23, 2026
공고 • Mar 30BQE Water Inc., Annual General Meeting, May 29, 2026BQE Water Inc., Annual General Meeting, May 29, 2026. Location: british columbia, vancouver Canada
Valuation Update With 7 Day Price Move • Dec 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €40.60, the stock trades at a forward P/E ratio of 9x. Average trailing P/E is 13x in the Commercial Services industry in Germany. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Nov 28Third quarter 2025 earnings released: EPS: CA$2.15 (vs CA$2.91 in 3Q 2024)Third quarter 2025 results: EPS: CA$2.15 (down from CA$2.91 in 3Q 2024). Revenue: CA$9.32m (up 37% from 3Q 2024). Net income: CA$2.78m (down 25% from 3Q 2024). Profit margin: 30% (down from 55% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공고 • Nov 21BQE Water Inc. Provides an Update on the Eagle Gold Mine ProjectBQE Water Inc. provided an update on the Eagle Gold Mine project. Following the heap leach failure at the mine in 2024, BQE Water designed, implemented, and operated an emergency water treatment plant, and has discharged over 1 million cubic meters of clean water safely into the environment, under contract with PricewaterhouseCoopers Inc. in its capacity as court appointed Receiver of Victoria Gold Corp. (the "Receiver"). With the remaining inventory of contaminated water on site greatly reduced by BQE Water this year, and with adequate storage now available, active operations and discharge into the environment are expected to cease in November 2025 and a winterization plan developed by BQE Water is expected to be complete prior to demobilization from site by December 15, 2025. In further development, BQE Water submitted a proposal in response to the tender for the design and implementation of a long-term water treatment solution at Eagle Mine and was later selected by the Receiver to carry out the first phase of engineering with a contract entered on November 4, 2025. It is anticipated that the first phase will complete by the middle of first quarter of 2026. Due to the complexity of water composition and to support all possible project scenarios, the long-term treatment plant will combine multiple new processes. One of these is a process for the removal of cobalt-cyanide complexes to trace levels using ion exchange. The process was developed and pilot tested by BQE Water at Eagle Mine during the 2025 operation season. The long-term treatment design also includes the use of BQE Water's direct electro-reduction of selenium to be deployed if/when required. A key aspect of the new design is a smooth, expedient, and cost-effective transition from BQE Water's emergency treatment process to the new permanent system starting with the anticipated re-start of water treatment prior to 2026 spring freshet, and a gradual expansion of treatment adding new treatment stages for cobalt-cyanide, nitrogen species, and selenium if required.
공고 • Nov 13BQE Water Inc. Commences Routine Operation of New Selen-IX Plant in Record Time at the Wharf MineBQE Water Inc. reported that a new full scale Selen-IX plant located at the Coeur Wharf mine in South Dakota, USA had passed the performance test and began routine operation. This latest Selen-IX Plant set a record time for implementation of 20 months between the design engineering kick-off to the discharge of on-spec water into the environment. The plant is designed to treat between 150 to 400 gallons of influent water per minute, removing selenium to a discharge limit of less than 5 ppb (parts per billion). The performance test was very thorough and involved plant operation at the minimum, nominal, and maximum flowrates and selenium concentrations artificially spiked to double the current and historical levels. The plant has now entered routine operations under long-term support from BQE Water to ensure that the plant continues to perform and comply with regulatory requirements. Selen-IX™? was selected for this project over biological selenium reduction systems due to several factors including: ability to avoid reliance on dilution by meeting the in-stream limit directly at the end of pipe, performance unaffected by cold water temperatures, ability to operate in intermittent mode, ability to handle large and rapid fluctuations in feed flow, and minimization of residue management costs. The project showcases BQE Water's agility and the capability of the patented Selen-IX technology which enabled the mine site to start discharging clean water into environment in 20 months from the start of engineering. This would not have been possible without close collaboration and major support received from Coeur's team, and are grateful for all their efforts.
New Risk • Sep 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€42.9m market cap, or US$50.3m).
Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CA$1.48 (vs CA$0.44 in 2Q 2024)Second quarter 2025 results: EPS: CA$1.48 (up from CA$0.44 in 2Q 2024). Revenue: CA$11.3m (up 230% from 2Q 2024). Net income: CA$1.91m (up 241% from 2Q 2024). Profit margin: 17% (in line with 2Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공고 • Aug 13BQE Water Integrates Aquatic Toxicology Services into Its Core CompetenciesBQE Water Inc. announced that it is making a strategic investment into the integration of aquatic toxicology services into its existing business and suite of core competencies. This expansion is underpinned and made possible by a team of senior aquatic toxicologists including James Elphick, Dr Ebrahim (Ebi) Lari, and Josh Baker joining the BQE Water team. The investment includes the establishment of an aquatic toxicology laboratory as well as development of in-house resources to maintain BQE Water's leadership in the area of production of clean mine water. The goal of this investment is to improve the services offered by BQE Water to its clients, specifically: To reduce timelines and costs associated with implementing remedies to toxicity occurring in mine waters by having a strong in-house multidisciplinary team capable of evaluating causes of toxicity, performing all required testing, and designing remedies. To consider establishment of science-based site-specific water quality benchmarks holistically, including costs and risks of water treatment to optimize water quality from early project stages. To be in a unique position to provide guarantees to clients with respect to effluent toxicity as part of plant operations services. Approaching toxicity identification investigations and addressing gaps in the understanding of toxicant behaviour from a practical treatment perspective provides a unique service that will address ecological risks and reduce timelines for implementing the right remedies. While the plan is for the new BQE Water's toxicity testing laboratory to be fully accredited, the primary purpose of the laboratory is to support the Company's water treatment business and focus on investigative type of work rather than building a capacity for processing a high volume of samples for routine bioassays.
Reported Earnings • May 31First quarter 2025 earnings released: EPS: CA$1.34 (vs CA$0.39 loss in 1Q 2024)First quarter 2025 results: EPS: CA$1.34 (up from CA$0.39 loss in 1Q 2024). Revenue: CA$7.45m (up 197% from 1Q 2024). Net income: CA$1.73m (up CA$2.21m from 1Q 2024). Profit margin: 23% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공고 • May 30BQE Water Inc. to Report Q1, 2025 Results on May 29, 2025BQE Water Inc. announced that they will report Q1, 2025 results on May 29, 2025
New Risk • May 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (€46.1m market cap, or US$52.4m).
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €35.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 50% over the past three years.
공고 • Apr 29BQE Water Inc., Annual General Meeting, Jun 26, 2025BQE Water Inc., Annual General Meeting, Jun 26, 2025. Location: british columbia, vancouver Canada
Reported Earnings • Apr 25Full year 2024 earnings released: EPS: CA$3.78 (vs CA$2.12 in FY 2023)Full year 2024 results: EPS: CA$3.78 (up from CA$2.12 in FY 2023). Revenue: CA$17.2m (down 5.3% from FY 2023). Net income: CA$4.81m (up 81% from FY 2023). Profit margin: 28% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €37.20, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total returns to shareholders of 116% over the past three years.
New Risk • Dec 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (€51.9m market cap, or US$54.9m).
Reported Earnings • Nov 29Third quarter 2024 earnings released: EPS: CA$2.91 (vs CA$1.71 in 3Q 2023)Third quarter 2024 results: EPS: CA$2.91 (up from CA$1.71 in 3Q 2023). Revenue: CA$6.82m (up 9.1% from 3Q 2023). Net income: CA$3.72m (up 75% from 3Q 2023). Profit margin: 55% (up from 34% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €44.20, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total returns to shareholders of 121% over the past three years.
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CA$0.44 (vs CA$0.49 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.44 (down from CA$0.49 in 2Q 2023). Revenue: CA$3.42m (down 18% from 2Q 2023). Net income: CA$559.3k (down 8.9% from 2Q 2023). Profit margin: 16% (up from 15% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €41.60, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 108% over the past three years.
공고 • Aug 11BQE Water Inc Appoints Richard Hubbard to Board of DirectorsBQE Water Inc. announced the appointment of Mr. Richard Hubbard to the Board of Directors, effective August 6, 2024. Following the appointment of Mr. Hubbard, the Board will comprise of 6 directors, 4 of whom are independent according to the requirements of the TSX-V. Mr. Hubbard brings over 40 years of experience in commercial leadership, corporate finance, capital markets and investment banking. His success spans multiple industries, largely in mining, but also from French luxury goods, international wine distribution, consumer electronics, and healthcare.
New Risk • Jul 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Significant insider selling over the past 3 months (€127k sold). Market cap is less than US$100m (€48.3m market cap, or US$52.8m).
Reported Earnings • May 30First quarter 2024 earnings released: CA$0.39 loss per share (vs CA$0.27 loss in 1Q 2023)First quarter 2024 results: CA$0.39 loss per share (further deteriorated from CA$0.27 loss in 1Q 2023). Revenue: CA$2.51m (down 6.8% from 1Q 2023). Net loss: CA$487.1k (loss widened 43% from 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CA$2.12 (vs CA$0.93 in FY 2022)Full year 2023 results: EPS: CA$2.12 (up from CA$0.93 in FY 2022). Revenue: CA$18.1m (up 49% from FY 2022). Net income: CA$2.65m (up 128% from FY 2022). Profit margin: 15% (up from 9.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Apr 23BQE Water Inc., Annual General Meeting, Jun 25, 2024BQE Water Inc., Annual General Meeting, Jun 25, 2024.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 33%After last week's 33% share price gain to €36.20, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Commercial Services industry in Germany. Total returns to shareholders of 134% over the past three years.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €24.00, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 16x in the Commercial Services industry in Germany. Total returns to shareholders of 89% over the past three years.
공고 • Feb 01BQE Water Inc. Completes Commissioning of Selen-IX Water Treatment Plant at US MineBQE Water Inc. has completed the commissioning phase and transitioned to the operating phase of the agreement for a water treatment plant at a base metal mine in Southwestern USA. Utilizing its award winning Selen-IX process technology, BQE Water treats mine impacted waters, removing selenium to below 2 ppb (Parts Per Billion), as well as dissolved metals, in compliance with applicable effluent quality regulations. Under the agreement, BQE Water is responsible for clean water production for environmental discharge. Compensation for operations services consists of a base monthly fee and a supplemental fee for additional water treated over and above the base. The base monthly fee is payable regardless of the volume of water reporting to treatment but is subject to the plant being available for treatment. Both fees are paid subject to the plant effluent meeting the target effluent water quality. Since the completion of commissioning, the plant has been operating 24/7 with an overall plant availability more than 95%. It is expected to run year-round and treat up to 4,500 gallons of water per minute, making it the largest Selen-IX plant currently in operation. The plant first removes a host of dissolved metals, followed by selenium removal. The key aspects of the plant design that led to the selection of Selen-IX technology for selenium removal included the stringent selenium effluent limit, the requirement for a rapid ramp-up in selenium removal capacity depending on flow and selenium concentrations, and the need to produce a stable non-hazardous residue.
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €24.40, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 18x in the Commercial Services industry in Germany. Total returns to shareholders of 107% over the past three years.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €22.00, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 19x in the Commercial Services industry in Germany. Total returns to shareholders of 88% over the past three years.
Recent Insider Transactions • Dec 17President recently sold €72k worth of stockOn the 13th of December, David Kratochvil sold around 4k shares on-market at roughly €20.49 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by €113k.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €22.00, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 19x in the Commercial Services industry in Germany. Total returns to shareholders of 85% over the past three years.
Reported Earnings • Nov 29Third quarter 2023 earnings released: EPS: CA$1.71 (vs CA$0.46 in 3Q 2022)Third quarter 2023 results: EPS: CA$1.71 (up from CA$0.46 in 3Q 2022). Revenue: CA$6.25m (up 78% from 3Q 2022). Net income: CA$2.13m (up 271% from 3Q 2022). Profit margin: 34% (up from 16% 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 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (4.4% net profit margin). Market cap is less than US$100m (€23.0m market cap, or US$24.4m).
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €20.40, the stock trades at a trailing P/E ratio of 61.1x. Average trailing P/E is 18x in the Commercial Services industry in Germany. Total returns to shareholders of 121% over the past three years.
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CA$0.49 (vs CA$0.51 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.49 (down from CA$0.51 in 2Q 2022). Revenue: CA$4.19m (up 54% from 2Q 2022). Net income: CA$615.0k (down 4.1% from 2Q 2022). Profit margin: 15% (down from 24% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year.
Reported Earnings • Jun 01First quarter 2023 earnings released: CA$0.27 loss per share (vs CA$0.15 profit in 1Q 2022)First quarter 2023 results: CA$0.27 loss per share (down from CA$0.15 profit in 1Q 2022). Revenue: CA$2.69m (up 9.1% from 1Q 2022). Net loss: CA$340.0k (down 279% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 35% per year.
Reported Earnings • Jun 01First quarter 2023 earnings released: CA$0.27 loss per share (vs CA$0.15 profit in 1Q 2022)First quarter 2023 results: CA$0.27 loss per share (down from CA$0.15 profit in 1Q 2022). Revenue: CA$2.69m (up 9.1% from 1Q 2022). Net loss: CA$340.0k (down 279% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 35% per year.
Reported Earnings • Apr 30Full year 2022 earnings released: EPS: CA$0.93 (vs CA$2.14 in FY 2021)Full year 2022 results: EPS: CA$0.93 (down from CA$2.14 in FY 2021). Revenue: CA$12.2m (up 62% from FY 2021). Net income: CA$1.16m (down 56% from FY 2021). Profit margin: 9.6% (down from 35% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Sara Elford was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 24Third quarter 2022 earnings released: EPS: CA$0.46 (vs CA$1.25 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.46 (down from CA$1.25 in 3Q 2021). Revenue: CA$3.50m (up 26% from 3Q 2021). Net income: CA$573.9k (down 63% from 3Q 2021). Profit margin: 16% (down from 56% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CA$0.51 (vs CA$0.66 in 2Q 2021)Second quarter 2022 results: EPS: CA$0.51 (down from CA$0.66 in 2Q 2021). Revenue: CA$2.72m (up 129% from 2Q 2021). Net income: CA$641.6k (down 21% from 2Q 2021). Profit margin: 24% (down from 68% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year whereas the company’s share price has increased by 66% per year.
Recent Insider Transactions • Jun 22Insider recently sold €110k worth of stockOn the 20th of June, Robert Stein sold around 5k shares on-market at roughly €21.93 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €145k more than they sold in the last 12 months.
Reported Earnings • May 27First quarter 2022 earnings released: EPS: CA$0.15 (vs CA$0.43 loss in 1Q 2021)First quarter 2022 results: EPS: CA$0.15 (up from CA$0.43 loss in 1Q 2021). Revenue: CA$2.47m (up 152% from 1Q 2021). Net income: CA$190.3k (up CA$713.6k from 1Q 2021). Profit margin: 7.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CA$2.14 (vs CA$0.96 in FY 2020)Full year 2021 results: EPS: CA$2.14 (up from CA$0.96 in FY 2020). Revenue: CA$7.51m (down 2.4% from FY 2020). Net income: CA$2.63m (up 125% from FY 2020). Profit margin: 35% (up from 15% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 23Full year 2021 earnings released: EPS: CA$2.14 (vs CA$0.96 in FY 2020)Full year 2021 results: EPS: CA$2.14 (up from CA$0.96 in FY 2020). Revenue: CA$7.51m (down 2.4% from FY 2020). Net income: CA$2.63m (up 125% from FY 2020). Profit margin: 35% (up from 15% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year whereas the company’s share price has increased by 65% per year.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 21% share price gain to €20.40, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 18x in the Commercial Services industry in Germany. Total returns to shareholders of 364% over the past three years.
Reported Earnings • Nov 26Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: EPS: CA$1.25 (up from CA$1.19 in 3Q 2020). Revenue: CA$2.77m (up 1.3% from 3Q 2020). Net income: CA$1.54m (up 7.0% from 3Q 2020). Profit margin: 56% (up from 53% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 5.6%. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CA$0.66 (vs CA$0.044 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CA$1.19m (down 16% from 2Q 2020). Net income: CA$808.6k (up CA$861.6k from 2Q 2020). Profit margin: 68% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CA$16.80, the stock trades at a trailing P/E ratio of 46.4x. Average trailing P/E is 24x in the Commercial Services industry in Europe. Total returns to shareholders of 425% over the past three years.
Reported Earnings • May 29First quarter 2021 earnings released: CA$0.43 loss per share (vs CA$0.015 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CA$979.7k (down 49% from 1Q 2020). Net loss: CA$523.2k (loss widened CA$504.9k from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 05Investor sentiment improved over the past weekAfter last week's 43% share price gain to CA$21.80, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 25x in the Commercial Services industry in Europe. Total returns to shareholders of 289% over the past three years.
Reported Earnings • May 01Full year 2020 earnings released: EPS CA$0.96 (vs CA$0.20 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$7.70m (up 37% from FY 2019). Net income: CA$1.17m (up 384% from FY 2019). Profit margin: 15% (up from 4.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to CA$15.40, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 17x in the Commercial Services industry in Germany. Total returns to shareholders of 295% over the past three years.
Is New 90 Day High Low • Dec 15New 90-day high: €13.00The company is up 41% from its price of €9.20 on 15 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 27% over the same period.
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 28% share price gain to CA$12.50, the stock is trading at a trailing P/E ratio of 32.6x, up from the previous P/E ratio of 25.5x. This compares to an average P/E of 19x in the Commercial Services industry in Europe. Total returns to shareholders over the past three years are 257%.
Is New 90 Day High Low • Nov 27New 90-day high: €12.70The company is up 23% from its price of €10.30 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 16% over the same period.
Reported Earnings • Nov 26Third quarter 2020 earnings released: EPS CA$1.19The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$2.74m (up 18% from 3Q 2019). Net income: CA$1.44m (up 70% from 3Q 2019). Profit margin: 53% (up from 37% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.