Current Water Technologies Third Quarter 2023 Earnings: EPS: CA$0.002 (vs CA$0.001 in 3Q 2022)

Current Water Technologies (CVE:WATR) Third Quarter 2023 Results

Key Financial Results

• Revenue: CA$1.55m (up 60% from 3Q 2022).
• Net income: CA$338.7k (up 93% from 3Q 2022).
• Profit margin: 22% (up from 18% in 3Q 2022). The increase in margin was driven by higher revenue.
• EPS: CA$0.002 (up from CA$0.001 in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Current Water Technologies shares are up 17% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Current Water Technologies (at least 2 which are a bit unpleasant), and understanding them should be part of your investment process.

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