BQE Water Inc.

TSXV:BQE Stock Report

Market Cap: CA$87.1m

BQE Water Past Earnings Performance

Past criteria checks 2/6

BQE Water has been growing earnings at an average annual rate of 35.9%, while the Commercial Services industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 32.6% per year. BQE Water's return on equity is 18.2%, and it has net margins of 15.4%.

Key information

35.91%

Earnings growth rate

34.79%

EPS growth rate

Commercial Services Industry Growth7.30%
Revenue growth rate32.58%
Return on equity18.22%
Net Margin15.39%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article May 04

BQE Water's (CVE:BQE) Shareholders May Want To Dig Deeper Than Statutory Profit

The market for BQE Water Inc.'s ( CVE:BQE ) stock was strong after it released a healthy earnings report last week...

Recent updates

Analysis Article May 04

BQE Water's (CVE:BQE) Shareholders May Want To Dig Deeper Than Statutory Profit

The market for BQE Water Inc.'s ( CVE:BQE ) stock was strong after it released a healthy earnings report last week...
New Narrative Apr 26

Recurring Water Treatment And Aquatic Toxicity Services Will Support Long Term Earnings Story

Catalysts About BQE Water BQE Water provides water treatment services and technologies for the mining industry, with a focus on recurring operations and specialized process solutions. What are the underlying business or industry changes driving this perspective?
Analysis Article Apr 14

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Dec 27

There's No Escaping BQE Water Inc.'s (CVE:BQE) Muted Earnings Despite A 26% Share Price Rise

BQE Water Inc. ( CVE:BQE ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Dec 19

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

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Sep 02

News Flash: One Analyst Just Made A Massive Upgrade To Their BQE Water Inc. (CVE:BQE) Forecasts

BQE Water Inc. ( CVE:BQE ) shareholders will have a reason to smile today, with the covering analyst making substantial...
Analysis Article May 27

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

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analysis Article Apr 08

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

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 12

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

With a median price-to-earnings (or "P/E") ratio of close to 15x in Canada, you could be forgiven for feeling...
Analysis Article Aug 11

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

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article May 03

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

BQE Water Inc.'s ( CVE:BQE ) stock was strong after they recently reported robust earnings. However, we think that...
Analysis Article Apr 10

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

BQE Water Inc. ( CVE:BQE ) shares have continued their recent momentum with a 47% gain in the last month alone. The...
Analysis Article Mar 14

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

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article Sep 19

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

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Analysis Article Apr 24

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

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Sep 02

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

Following the solid earnings report from BQE Water Inc. ( CVE:BQE ), the market responded by bidding up the stock...
Analysis Article Mar 24

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

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article Feb 17

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

BQE Water (CVE:BQE) has had a great run on the share market with its stock up by a significant 26% over the last three...
Analysis Article Dec 15

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

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Nov 19

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

With its stock down 4.7% over the past week, it is easy to disregard BQE Water (CVE:BQE). However, the company's...

Revenue & Expenses Breakdown

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


Earnings and Revenue History

TSXV:BQE Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26335100
31 Dec 2536890
30 Sep 2533870
30 Jun 2530870
31 Mar 2522770
31 Dec 2417570
30 Sep 2417480
30 Jun 2417270
31 Mar 2418370
31 Dec 2318360
30 Sep 2317260
30 Jun 2314160
31 Mar 2312150
31 Dec 2212150
30 Sep 2211240
30 Jun 2211340
31 Mar 229340
31 Dec 218330
30 Sep 217240
30 Jun 217230
31 Mar 217130
31 Dec 208130
30 Sep 207130
30 Jun 207030
31 Mar 207130
31 Dec 196030
30 Sep 196130
30 Jun 195130
31 Mar 194030
31 Dec 184030
30 Sep 184030
30 Jun 184-130
31 Mar 184030
31 Dec 174030
30 Sep 175130
30 Jun 175030
31 Mar 174-230
31 Dec 164-230
30 Sep 164-340
30 Jun 164-330
31 Mar 164-230
31 Dec 154-130
30 Sep 153-130
30 Jun 154030

Quality Earnings: BQE has high quality earnings.

Growing Profit Margin: BQE's current net profit margins (15.4%) are lower than last year (31.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BQE's earnings have grown significantly by 35.9% per year over the past 5 years.

Accelerating Growth: BQE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BQE had negative earnings growth (-27.9%) over the past year, making it difficult to compare to the Commercial Services industry average (9.6%).


Return on Equity

High ROE: BQE's Return on Equity (18.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 09:46
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

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

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

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

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

Analysis Model and Snowflake

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

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

Industry and Sector Metrics

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

Analyst Sources

BQE Water Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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