Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Karen Hayward was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 08
Eguana Technologies Inc. announced that it expects to receive CAD 1.125 million in funding Eguana Technologies Inc. announced a non brokered private placement to issue 10% subordinated secured convertible debentures for the principle amount of CAD 1,250,000 issued at discount the proceeds of CAD 1,125,000 on October 7, 2025. Inclusive of an oversubscription option of CAD 500,000 principal amount of Debentures for a purchase price of CAD 450,000. 0. Each Debenture will be convertible at the option of the holder into 5,000 common shares of the Company at a conversion price of CAD 0.20 per Common Share e, at any time prior to 12 months from the date of issuance of the Debentures. The Debentures will bear simple interest at a rate of 10% per annum payable by the Company. The Company may pay finders' fees in connection with the Offering, as permitted by applicable securities laws and the Exchange. Closing of the New Offering is expected to occur on or about October 17, 2025. The New Offering is subject to certain conditions, including, but not limited to,the receipt of all necessary regulatory and Exchange approvals. The Debentures and any Common Shares issued upon conversion thereof will be subject to a statutory hold period lasting four months and one day following the closing date of the Offering. Announcement • Sep 16
Eguana Technologies Inc., Annual General Meeting, Nov 27, 2025 Eguana Technologies Inc., Annual General Meeting, Nov 27, 2025. Announcement • Apr 09
Eguana Technologies Inc. announced that it expects to receive CAD 2.25 million in funding Eguana Technologies Inc announced a a non-brokered private placement to issue 2,500 10% Subordinated Secured Convertible Debentures at an issue price of CAD 900 per debenture for the gross proceeds of CAD 2,250,000 with principal amount of CAD 2,500,000 inclusive of an oversubscription option of CAD 500,000 principal amount of Debentures for a purchase price of CAD 450,000 on April 8, 2025. Each Debenture will be priced at CAD 900 and have a principal amount of CAD 1,000. Each Debenture will be convertible at the option of the holder into 8,333 common shares at a conversion price of CAD 0.12 per Common Share, at any time prior to 12 months from the date of issuance of the Debentures (the "Maturity Date"). The conversion price represents a 10% premium to yesterday's closing price of the Common Shares. The Debentures will bear simple interest at a rate of 10% per annum payable by the Company, in cash or Common Shares, on the Maturity Date. The Company may pay finders' fees in connection with the Offering, as permitted by applicable securities laws and the Exchange. Closing of the Offering is expected to occur on or about April 15, 2025. The Offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and Exchange approvals. The Debentures and any Common Shares issuable upon conversion thereof will be subject to a statutory hold period lasting four months and one day following the closing date of the Offering. Announcement • Jan 23
Eguana Technologies Inc. Announces Resignation of Daljit Ghotra, CTO, Effective January 31, 2025 Eguana Technologies Inc. announced that long standing Eguana CTO, Mr. Daljit Ghotra, has resigned, effective January 31, 2025. Reported Earnings • Aug 30
Second quarter 2024 earnings released: CA$0.008 loss per share (vs CA$0.022 loss in 2Q 2023) Second quarter 2024 results: CA$0.008 loss per share (improved from CA$0.022 loss in 2Q 2023). Revenue: CA$660.4k (down 68% from 2Q 2023). Net loss: CA$4.19m (loss narrowed 54% from 2Q 2023). Announcement • Aug 05
Eguana Technologies Inc., Annual General Meeting, Sep 26, 2024 Eguana Technologies Inc., Annual General Meeting, Sep 26, 2024. Board Change • Aug 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Karen Hayward was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$6.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.3m free cash flow). Share price has been highly volatile over the past 3 months (64% average daily change). Negative equity (-CA$29m). Earnings have declined by 32% per year over the past 5 years. Market cap is less than US$10m (€3.06m market cap, or US$3.28m). Minor Risks Shareholders have been diluted in the past year (5.9% increase in shares outstanding). Revenue is less than US$5m (CA$6.6m revenue, or US$4.8m). Reported Earnings • May 29
Full year 2023 earnings released Full year 2023 results: CA$0.065 loss per share. Revenue: CA$11.5m (down 15% from FY 2022). Net loss: CA$35.6m (loss widened 164% from FY 2022). Buy Or Sell Opportunity • Feb 24
Now 68% undervalued after recent price drop Over the last 90 days, the stock has fallen 96% to €0.0005. The fair value is estimated to be €0.0015, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has declined by 28%. Buy Or Sell Opportunity • Feb 16
Now 59% undervalued after recent price drop Over the last 90 days, the stock has fallen 59% to €0.007. The fair value is estimated to be €0.017, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has declined by 28%. Buy Or Sell Opportunity • Jan 29
Now 55% undervalued after recent price drop Over the last 90 days, the stock has fallen 71% to €0.007. The fair value is estimated to be €0.016, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has declined by 28%. Buying Opportunity • Jan 16
Now 55% undervalued after recent price drop Over the last 90 days, the stock is down 86%. The fair value is estimated to be €0.0078, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has declined by 28%. Buying Opportunity • Dec 15
Now 55% undervalued after recent price drop Over the last 90 days, the stock is down 90%. The fair value is estimated to be €0.0078, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has declined by 28%. Reported Earnings • Dec 01
Third quarter 2023 earnings released: CA$0.014 loss per share (vs CA$0.005 loss in 3Q 2022) Third quarter 2023 results: CA$0.014 loss per share (further deteriorated from CA$0.005 loss in 3Q 2022). Revenue: CA$2.55m (down 2.0% from 3Q 2022). Net loss: CA$5.80m (loss widened 190% from 3Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings. New Risk • Nov 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.80m (US$9.68m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (40% average weekly change). Negative equity (-CA$5.9m). Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (€8.80m market cap, or US$9.68m). Minor Risk Shareholders have been diluted in the past year (8.6% increase in shares outstanding). Buying Opportunity • Nov 24
Now 28% undervalued after recent price drop Over the last 90 days, the stock is down 81%. The fair value is estimated to be €0.019, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has declined by 14%. Announcement • Oct 06
Eguana Technologies Inc. Launches the Simplified Essential Whole Home Energy Storage System Eguana Technologies Inc. announced the launch of its Essential Whole Home energy storage system (“ESS”), specifically designed for North American mid-sized homes. Adding to Eguana’s existing portfolio of products and solutions, the Essential Whole Home is an economical option for homes with existing 100-amp service panels and comes with simplified installation and remote commissioning processes, delivering installer efficiency and improved homeowner experience. Announcement • Aug 29
Eguana Technologies Inc. to Report Q2, 2023 Results on Aug 29, 2023 Eguana Technologies Inc. announced that they will report Q2, 2023 results on Aug 29, 2023 Announcement • Aug 25
Eguana Technologies Inc., Annual General Meeting, Nov 02, 2023 Eguana Technologies Inc., Annual General Meeting, Nov 02, 2023. New Risk • Jun 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$33m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$33m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (7.3% increase in shares outstanding). Market cap is less than US$100m (€38.2m market cap, or US$41.7m). Announcement • May 26
Eguana Technologies Inc. to Report Q1, 2023 Results on May 30, 2023 Eguana Technologies Inc. announced that they will report Q1, 2023 results on May 30, 2023 Announcement • May 12
Eguana Technologies Inc. Announces Chief Financial Officer Changes Eguana Technologies Inc. announced the appointment of Ms. Hansine Ullberg as Chief Financial Officer. Ms. Ullberg is a Chartered Professional Accountant with a Master of Accountancy and Bachelor of Commerce with Honours to go along with an ICD.D designation from the Institute of Corporate Directors-Rotman. Starting her career with Ernst and Young, Ms. Ullberg brings considerable experience in public capital markets, corporate culture development, and banking. In conjunction with Ms. Ullberg’s appointment, Ms. Sonja Kuehnle has resigned her position as CFO and will remain with the Company in an advisory role to oversee a smooth transition. Reported Earnings • Mar 02
First quarter 2021 earnings released: CA$0.01 loss per share (vs CA$0.007 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$2.32m (down 17% from 1Q 2020). Net loss: CA$2.36m (loss widened 49% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.