Westaim Future Growth

Future criteria checks 0/6

Westaim's revenue is forecast to decline at 126.3% per annum.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Capital Markets earnings growth	47.3%
Revenue growth rate	-126.3%
Future return on equity	n/a
Analyst coverage	Low
Last updated	14 Nov 2024

Recent future growth updates

Recent updates

Do Insiders Own Lots Of Shares In The Westaim Corporation (CVE:WED)?

Jan 27

James Hays of The Westaim Corporation (CVE:WED) Just Spent US$581k On Shares

Dec 05

Earnings and Revenue Growth Forecasts

TSXV:WED - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	6	N/A	N/A	N/A	1
12/31/2024	42	N/A	N/A	N/A	1
9/30/2024	91	40	-32	-32	N/A
6/30/2024	104	64	-16	-16	N/A
3/31/2024	143	113	-14	-14	N/A
12/31/2023	213	184	-3	-3	N/A
9/30/2023	195	182	-3	-3	N/A
6/30/2023	155	142	-4	-4	N/A
3/31/2023	119	109	-6	-6	N/A
12/31/2022	27	18	-2	-2	N/A
9/30/2022	-1	-8	-3	-3	N/A
6/30/2022	18	10	-3	-3	N/A
3/31/2022	28	23	-2	-2	N/A
12/31/2021	34	28	-5	-5	N/A
9/30/2021	17	7	-3	-3	N/A
6/30/2021	17	6	-3	-3	N/A
3/31/2021	10	-5	-2	-2	N/A
12/31/2020	-26	-34	19	19	N/A
9/30/2020	-26	-33	21	21	N/A
6/30/2020	-25	-30	22	22	N/A
3/31/2020	-18	-22	21	21	N/A
12/31/2019	19	9	1	1	N/A
9/30/2019	33	28	-3	-3	N/A
6/30/2019	35	29	-4	-4	N/A
3/31/2019	29	21	-3	-3	N/A
12/31/2018	21	17	-4	-4	N/A
9/30/2018	28	17	-2	-2	N/A
6/30/2018	27	19	N/A	-2	N/A
3/31/2018	25	10	N/A	-1	N/A
12/31/2017	24	6	N/A	0	N/A
9/30/2017	12	-2	N/A	-1	N/A
6/30/2017	5	-12	N/A	-2	N/A
3/31/2017	-1	-8	N/A	-4	N/A
12/31/2016	-1	-8	N/A	-4	N/A
9/30/2016	-3	-13	N/A	-5	N/A
6/30/2016	-3	-2	N/A	-4	N/A
3/31/2016	0	-1	N/A	-3	N/A
12/31/2015	-2	8	N/A	-2	N/A
9/30/2015	9	20	N/A	-2	N/A
6/30/2015	21	28	N/A	1	N/A
3/31/2015	20	29	N/A	0	N/A
12/31/2014	19	18	N/A	-3	N/A
9/30/2014	10	9	N/A	-2	N/A
6/30/2014	0	-7	N/A	-5	N/A
3/31/2014	0	-4	N/A	-3	N/A
12/31/2013	0	-3	N/A	-4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if WED's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if WED's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if WED's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: WED's revenue is expected to decline over the next 3 years (-126.3% per year).

High Growth Revenue: WED's revenue is forecast to decline over the next 3 years (-126.3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if WED's Return on Equity is forecast to be high in 3 years time

Westaim Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 8.7% to CA$4.75

Price target increased to CA$4.50

Price target increased to CA$4.50

Price target raised to CA$3.90

Price target lowered to CA$3.15

Recent updates

Third quarter 2024 earnings released: US$0.009 loss per share (vs US$0.17 profit in 3Q 2023)

The Westaim Corporation announced that it expects to receive CAD 343.827501 million in funding from CC Capital

The Westaim Corporation announced that it expects to receive $250 million in funding from CC Capital

Investor sentiment improves as stock rises 18%

An undisclosed buyer acquired an unknown minority stake in Skyward Specialty Insurance Group, Inc. (NasdaqGS:SKWD) from The Westaim Corporation (TSXV:WED) for $79 million.

Now 20% undervalued after recent price drop

Second quarter 2024 earnings released: US$0.13 loss per share (vs US$0.22 profit in 2Q 2023)

Now 20% overvalued after recent price rise

Price target decreased by 8.7% to CA$4.75

Full year 2023 earnings released: EPS: US$1.36 (vs US$0.13 in FY 2022)

The Westaim Corporation, Annual General Meeting, May 16, 2024

Third quarter 2023 earnings released: EPS: US$0.17 (vs US$0.12 loss in 3Q 2022)

the Westaim Corporation Announces Appointment of Michael Siegel Independent Director

President recently sold CA$341k worth of stock

Key Executive recently sold CA$167k worth of stock

Arena Investors, LP Issues a Letter to Board of Directors of Charge Enterprises

Second quarter 2023 earnings released

Insufficient new directors

Chief Financial Officer recently bought CA$79k worth of stock

First quarter 2023 earnings released: EPS: US$0.67 (vs US$0.025 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.13 (vs US$0.20 in FY 2021)

Insider recently bought CA$359k worth of stock

Chief Financial Officer recently bought CA$57k worth of stock

Price target increased to CA$4.50

Third quarter 2022 earnings released: US$0.12 loss per share (vs US$0.011 profit in 3Q 2021)

Second quarter 2022 earnings released: US$0.011 loss per share (vs US$0.076 profit in 2Q 2021)

Insider recently bought CA$496k worth of stock

Lead Independent Director recently bought CA$260k worth of stock

Price target increased to CA$4.50

The Westaim Corporation to Report Q1, 2022 Results on May 17, 2022

Full year 2021 earnings released

The Westaim Corporation to Report Q4, 2021 Results on Apr 15, 2022

Insider recently bought CA$121k worth of stock

Insider recently bought CA$636k worth of stock

Insider recently bought CA$154k worth of stock

Third quarter 2021 earnings released

Chief Financial Officer recently bought CA$86k worth of stock

Insider recently bought CA$2.9m worth of stock

Second quarter 2021 earnings released

Insider recently bought CA$1.5m worth of stock

First quarter 2021 earnings released

Insider recently sold CA$70k worth of stock

Insider recently sold CA$70k worth of stock

Executive Chairman of the Board recently bought CA$437k worth of stock

Full year 2020 earnings released

The Westaim Corporation, Annual General Meeting, May 26, 2021

New 90-day high: CA$2.63

The Westaim Corporation to Report Q4, 2020 Results on Mar 25, 2021

Do Insiders Own Lots Of Shares In The Westaim Corporation (CVE:WED)?

New 90-day high: CA$2.56

Price target raised to CA$3.90

New 90-day high: CA$2.49

New 90-day high: CA$2.44

James Hays of The Westaim Corporation (CVE:WED) Just Spent US$581k On Shares

Insider recently bought CA$581k worth of stock

Third quarter 2020 earnings released: EPS US$0.005

New 90-day high: CA$2.42

Insider recently bought CA$316k worth of stock

New 90-day high: CA$2.28

Insider recently bought CA$175k worth of stock

New 90-day high - CA$2.13

Price target lowered to CA$3.15

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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