Announcement • May 20
Water Intelligence plc Appoints Michael Moulton as Group Chief Financial Officer (Non-Board) Water Intelligence plc announced the appointment of Michael Moulton as Group Chief Financial Officer (non-board). New Risk • Apr 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (UK£40.9m market cap, or US$55.3m). Buy Or Sell Opportunity • Mar 30
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 30% to UK£2.14. The fair value is estimated to be UK£2.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 9.4% in a year. Earnings are forecast to grow by 18% in the next year. Announcement • Mar 18
Water Intelligence plc Announce Retirement of Bobby Knell as Non-Executive Director, Effective March 31, 2026 Water Intelligence plc announced that Bobby Knell, Non-Executive Director, has informed the Board of his intention to retire and stand down from the Board on 31 March 2026. Bobby has been a non-executive Director since 2018. The Board intends to appoint another Independent Non-Executive Director to the Board in due course. Buy Or Sell Opportunity • Feb 16
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at UK£2.98. The fair value is estimated to be UK£2.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 30% in the next year. Buy Or Sell Opportunity • Dec 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.9% to UK£2.94. The fair value is estimated to be UK£2.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 30% in the next year. Announcement • Dec 10
Water Intelligence plc, Annual General Meeting, Jan 02, 2026 Water Intelligence plc, Annual General Meeting, Jan 02, 2026. Buy Or Sell Opportunity • Dec 05
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at UK£2.97. The fair value is estimated to be UK£2.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 30% in the next year. Buy Or Sell Opportunity • Nov 11
Now 23% overvalued Over the last 90 days, the stock has fallen 3.8% to UK£3.04. The fair value is estimated to be UK£2.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 30% in the next year. Price Target Changed • Aug 12
Price target decreased by 16% to UK£6.75 Down from UK£8.00, the current price target is an average from 2 analysts. New target price is 118% above last closing price of UK£3.10. Stock is down 23% over the past year. The company posted earnings per share of US$0.27 last year. Reported Earnings • Jun 30
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: US$0.27 (up from US$0.25 in FY 2023). Revenue: US$83.3m (up 9.6% from FY 2023). Net income: US$4.68m (up 6.4% from FY 2023). Profit margin: 5.6% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Commercial Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Announcement • Oct 18
Water Intelligence plc (AIM:WATR) commences an Equity Buyback Plan for 1,956,769 shares, representing 10% of its issued share capital, under the authorization approved on October 7, 2024. Water Intelligence plc (AIM:WATR) commences share repurchases on October 17, 2024, under the program mandated by the shareholders in the Annual General Meeting held on October 7, 2024. As per the mandate, the company is authorized to purchase up to 1,956,769 ordinary shares, representing 10% of its issued share capital. The minimum price which may be paid for an ordinary share is £0.01 and the maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for an ordinary share (as derived from the Daily Official List) for the five business days immediately preceding the date on which the ordinary share is contracted to be purchased. The repurchased shares will be either cancelled or held in treasury. The company will make market repurchases of the ordinary shares. Reported Earnings • Sep 26
First half 2024 earnings released: EPS: US$0.19 (vs US$0.16 in 1H 2023) First half 2024 results: EPS: US$0.19 (up from US$0.16 in 1H 2023). Revenue: US$41.5m (up 7.4% from 1H 2023). Net income: US$3.30m (up 16% from 1H 2023). Profit margin: 7.9% (up from 7.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Announcement • Sep 19
Water Intelligence plc, Annual General Meeting, Oct 07, 2024 Water Intelligence plc, Annual General Meeting, Oct 07, 2024. Location: the granary, hones yard, 1 waverley lane, gu9 8bb, farnham United Kingdom Reported Earnings • Jun 28
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: US$0.25 (up from US$0.20 in FY 2022). Revenue: US$76.0m (up 6.5% from FY 2022). Net income: US$4.40m (up 23% from FY 2022). Profit margin: 5.8% (up from 5.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Commercial Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. New Risk • Jun 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (UK£69.2m market cap, or US$87.5m). Announcement • May 09
Water Intelligence plc to Report Q1, 2024 Results on May 13, 2024 Water Intelligence plc announced that they will report Q1, 2024 results on May 13, 2024 Announcement • Nov 07
Water Intelligence plc Announces Executive Changes Water Intelligence plc announced that Michael Reisman, Myres S. McDougal Professor of International Law at Yale, who has served on the board since its listing on AIM in 2010, is retiring from the board. The Group also announced that the highest producing franchisee of its operating business ALD, Phil Meckley, is succeeding Dr. Reisman as a Non-Executive Director. Mr. Meckley currently owns fast-growing franchises in California and Texas. He brings over twenty years of operating experience in growing ALD locations and has provided significant leadership to the entire franchise system. In addition, Phil and his wife Robin have provided leadership with respect to ALD's charitable efforts to help disadvantaged communities in various parts of the world solve water infrastructure issues, most recently in rural India. Reported Earnings • Sep 20
First half 2023 earnings released: EPS: US$0.16 (vs US$0.14 in 1H 2022) First half 2023 results: EPS: US$0.16 (up from US$0.14 in 1H 2022). Revenue: US$38.7m (up 8.7% from 1H 2022). Net income: US$2.85m (up 19% from 1H 2022). Profit margin: 7.4% (up from 6.8% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Commercial Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year. Announcement • Jun 29
Water Intelligence plc, Annual General Meeting, Jul 26, 2023 Water Intelligence plc, Annual General Meeting, Jul 26, 2023, at 09:00 Coordinated Universal Time. Location: WH Ireland Limited, 24 Martin Lane London United Kingdom Reported Earnings • Jun 21
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: US$0.20 (down from US$0.36 in FY 2021). Revenue: US$71.3m (up 31% from FY 2021). Net income: US$3.57m (down 38% from FY 2021). Profit margin: 5.0% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Commercial Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jun 21
Price target decreased by 30% to UK£9.00 Down from UK£12.94, the current price target is an average from 2 analysts. New target price is 114% above last closing price of UK£4.20. Stock is down 37% over the past year. The company is forecast to post earnings per share of US$0.23 for next year compared to US$0.36 last year. Buying Opportunity • Apr 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be UK£5.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 52% in the next 2 years. Buying Opportunity • Mar 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 29%. The fair value is estimated to be UK£5.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 52% in the next 2 years. Announcement • Feb 08
Water Intelligence plc (AIM:WATR) acquired Nashville, Tennessee franchise for $3.25 million. Water Intelligence plc (AIM:WATR) acquired Nashville, Tennessee franchise for $3.25 million in 2022. Nashville, Tennessee franchise has $2.4 million in revenue and $0.55 in profit before tax for 2022.Water Intelligence plc (AIM:WATR) completed the acquisition of Nashville, Tennessee franchise in 2022. Announcement • Nov 17
Water Intelligence plc Provides Earnings Guidance for the Year 2022 Water Intelligence plc provided earnings guidance for the year 2022. The group is on track to be at the upper end of analyst expectations for revenue and to be in line with expectations with respect to profits for full year 2022. Price Target Changed • Nov 16
Price target decreased to UK£13.03 Down from UK£14.21, the current price target is an average from 4 analysts. New target price is 100% above last closing price of UK£6.50. Stock is down 49% over the past year. The company is forecast to post earnings per share of US$0.29 for next year compared to US$0.36 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Dan Ewell was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 23
First half 2022 earnings released: EPS: US$0.14 (vs US$0.17 in 1H 2021) First half 2022 results: EPS: US$0.14 (down from US$0.17 in 1H 2021). Revenue: US$35.6m (up 44% from 1H 2021). Net income: US$2.41m (down 6.2% from 1H 2021). Profit margin: 6.8% (down from 10% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Commercial Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Price Target Changed • Sep 22
Price target decreased to UK£13.03 Down from UK£14.93, the current price target is an average from 4 analysts. New target price is 119% above last closing price of UK£5.95. Stock is down 52% over the past year. The company is forecast to post earnings per share of US$0.28 for next year compared to US$0.36 last year. Announcement • Aug 20
Water Intelligence plc (AIM:WATR) commences an Equity Buyback Plan for 1,000,000 shares, representing 5.74% of its issued share capital, under the authorization approved on July 11, 2022. Water Intelligence plc (AIM:WATR) commences share repurchases on August 19, 2022, under the program mandated by the shareholders in the Annual General Meeting held on July 11, 2022. As per the mandate, the company is authorized to purchase up to 1,000,000 ordinary shares, representing 5.74% of its issued share capital. The minimum price which may be paid for an ordinary share is £0.01 and the maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for an ordinary share (as derived from the Daily Official List) for the five business days immediately preceding the date on which the ordinary share is contracted to be purchased. The repurchased shares will be either cancelled or held in treasury. The company will make market repurchases of the ordinary shares. The program shall expire at the conclusion of the next Annual General Meeting of the company unless such authority is varied, revoked, or renewed prior to such time by the company in General Meeting by special resolution, if earlier, the close of business on July 31, 2023. As of June 14, 2022, the company had 17,417,688 shares in issue and had 59,000 shares in treasury. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 23% share price gain to UK£7.14, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 25x in the Commercial Services industry in the United Kingdom. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£9.55 per share. Announcement • Jun 17
Water Intelligence plc (AIM:WATR) acquired Shanahan Plumbing LLC for $0.8 million. Water Intelligence plc (AIM:WATR) acquired Shanahan Plumbing LLC for $0.8 million on June 16, 2022.
Water Intelligence plc (AIM:WATR) completed the acquisition of Shanahan Plumbing LLC on June 16, 2022. Announcement • Jun 16
Water Intelligence plc, Annual General Meeting, Jul 11, 2022 Water Intelligence plc, Annual General Meeting, Jul 11, 2022, at 07:30 Coordinated Universal Time. Location: WH Ireland Limited, 24 Martin Lane London United Kingdom Reported Earnings • Jun 10
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: US$54.5m (up 44% from FY 2020). Net income: US$5.76m (up 99% from FY 2020). Profit margin: 11% (up from 7.6% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 17%, compared to a 15% growth forecast for the industry in the United Kingdom. Buying Opportunity • Jun 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be UK£9.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to decline by 3.5% in the next 2 years. Buying Opportunity • May 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be UK£8.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 48% in 2 years. Earnings is forecast to grow by 38% in the next 2 years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Dan Ewell was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 21% share price decline to UK£8.15, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 21x in the Commercial Services industry in the United Kingdom. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£9.69 per share. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 21% share price decline to UK£8.15, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 21x in the Commercial Services industry in the United Kingdom. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£9.69 per share. Announcement • Jan 20
Water Intelligence plc (AIM:WATR) acquired American Leak Detection franchise in Fort Worth, Texas for $7.7 million. Water Intelligence plc (AIM:WATR) acquired American Leak Detection franchise in Fort Worth, Texas for $7.7 million on January 19, 2022. The purchase price of $7.7 million in cash will be paid over three years and includes all assets required to conduct operations, including trucks and equipment. The purchase price is based on 2021 pro forma of $3.6 million in revenue and $1.2 million in profit before tax. Leslie Campbell, will join Water Intelligence plc’s management team as Executive Vice President of Operations and Managing Director of the South Region for American Leak Detection. The transaction will be earnings accretive for Water Intelligence shareholders. Adrian Hadden and Ben Good of WH Ireland Limited acted as financial advisor to Water Intelligence plc.
Water Intelligence plc (AIM:WATR) completed the acquisition of American Leak Detection franchise in Fort Worth, Texas on January 19, 2022. Announcement • Dec 08
Water Intelligence plc (AIM:WATR) commences an Equity Buyback Plan for 1,000,000 shares, representing 6.45% of its issued share capital, under the authorization approved on July 15, 2021. Water Intelligence plc (AIM:WATR) commences share repurchases on December 6, 2021, under the program mandated by the shareholders in the Annual General Meeting held on July 15, 2021. As per the mandate, the company is authorized to purchase up to 1,000,000 ordinary shares, representing 29.58% of its issued share capital. The minimum price which may be paid for an ordinary share is £0.01 and the maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for an ordinary share (as derived from the Daily Official List) for the five business days immediately preceding the date on which the ordinary share is contracted to be purchased. The repurchased shares will be either cancelled or held in treasury. The company will make market repurchases of the ordinary shares. The program shall expire at the conclusion of the next Annual General Meeting of the company unless such authority is varied, revoked, or renewed prior to such time by the company in General Meeting by special resolution, if earlier, the close of business on July 31, 2022. As of June 17, 2021, the company had 15,492,443 shares in issue and had 36,500 shares in treasury. Price Target Changed • Sep 20
Price target increased to UK£13.00 Up from UK£10.75, the current price target is provided by 1 analyst. New target price is 10% above last closing price of UK£11.80. Stock is up 190% over the past year. Reported Earnings • Sep 15
First half 2021 earnings released: EPS US$0.17 (vs US$0.10 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$24.7m (up 45% from 1H 2020). Net income: US$2.57m (up 75% from 1H 2020). Profit margin: 10% (up from 8.6% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 16% share price gain to US$11.20, the stock trades at a trailing P/E ratio of 79.8x. Average forward P/E is 21x in the Commercial Services industry in the United Kingdom. Total returns to shareholders of 171% over the past three years. Announcement • Jul 16
Water Intelligence plc has completed a Follow-on Equity Offering in the amount of £7.372006 million. Water Intelligence plc has completed a Follow-on Equity Offering in the amount of £7.372006 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 801,305
Price\Range: £9.2
Transaction Features: Subsequent Direct Listing Announcement • Jul 02
Water Intelligence plc (AIM:WATR) acquired Northeast Florida franchise for $2.8 million. Water Intelligence plc (AIM:WATR) acquired Northeast Florida franchise for $2.8 million on July 1, 2021. The purchase price of $2.8 million will be paid over four years. For the year ended December 31, 2020, Northeast Florida franchise reported $2 million in sales. The Northeast Florida franchise leadership team will remain in place to run the operation and will expand management breadth for ALD as members of the corporate organization. Financially, the acquisition will be earnings enhancing for shareholders.
Water Intelligence plc (AIM:WATR) completed the acquisition of Northeast Florida franchise on July 1, 2021. Reported Earnings • Jun 10
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$37.9m (up 17% from FY 2019). Net income: US$2.89m (up 71% from FY 2019). Profit margin: 7.6% (up from 5.2% in FY 2019). The increase in margin was driven by higher revenue. Announcement • Jun 03
Water Intelligence plc (AIM:WATR) acquired American Leak Detection Franchise in Reno, Nevada for $0.25 million on June 2, 2021. Water Intelligence plc (AIM:WATR) acquired American Leak Detection Franchise in Reno, Nevada for $0.25 million on June 2, 2021. In a related transaction Water Intelligence acquired PlumbRight Services, Inc. for $0.7 million. The leadership of the American Leak Detection will be joining the Water Intelligence. For the year ended December 31, 2020, American Leak Detection Franchise in Reno reported $0.25 million in sales. The acquisition is immediately accretive and will contribute to sales and profit growth for second half and beyond.
Water Intelligence plc (AIM:WATR) completed the acquisition of American Leak Detection Franchise in Reno, Nevada on June 2, 2021. Announcement • Jun 02
Water Intelligence plc (AIM:WATR) acquired PlumbRight Services, Inc. for $0.7 million. Water Intelligence plc (AIM:WATR) acquired PlumbRight Services, Inc. for $0.7 million on June 2, 2021. In a related transaction, Water Intelligence plc acquired American Leak Detection franchise in Reno, Nevada. PlumbRight Services reported revenues of approximately $1 million in 2020. The transaction is immediately accretive and will contribute to sales and profit growth for second half and beyond. Leadership of PlumbRight Services will be joining Water Intelligence plc. Adrian Hadden, James Sinclair-Ford and Matthew Chan of WH Ireland Limited and Stephen Norcross of Dowgate Capital Ltd acted as financial advisor for Water Intelligence plc.
Water Intelligence plc (AIM:WATR) completed the acquisition of PlumbRight Services, Inc. on June 2, 2021. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 18% share price gain to US$7.10, the stock trades at a trailing P/E ratio of 70.2x. Average forward P/E is 22x in the Commercial Services industry in the United Kingdom. Total returns to shareholders of 196% over the past three years. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improved over the past week After last week's 26% share price gain to US$6.95, the stock is trading at a trailing P/E ratio of 68.9x, up from the previous P/E ratio of 54.7x. This compares to an average P/E of 37x in the Commercial Services industry in the United Kingdom. Total returns to shareholders over the past three years are 217%. Announcement • Mar 04
Water Intelligence plc Announces Broadening of Existing National Account Water Intelligence plc announced the broadening of an existing national account both to add repair solutions and to create a multi-year framework. Is New 90 Day High Low • Feb 18
New 90-day high: UK£5.63 The company is up 15% from its price of UK£4.90 on 19 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 7.0% over the same period. Price Target Changed • Feb 13
Price target raised to UK£5.90 Up from UK£5.15, the current price target is provided by 1 analyst. The new target price is 15% above the current share price of UK£5.12. As of last close, the stock is up 58% over the past year. Is New 90 Day High Low • Jan 27
New 90-day high: UK£5.30 The company is up 6.0% from its price of UK£5.02 on 28 October 2020. The British market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 10.0% over the same period. Announcement • Jan 08
Water Intelligence plc (AIM:WATR) acquired Seattle franchise of American Leak Detection for $5.5 million. Water Intelligence plc (AIM:WATR) acquired Seattle franchise of American Leak Detection for $5.5 million on January 6, 2021. The purchase price is split as $5 million being based on 2020 performance and another $0.5 million being based on higher financial performance through year-end 2022, which is subject to clawback. Water Intelligence paid $4 million at closing and will pay the remainder through January 2023. The purchase price will be paid in cash. Seattle franchise of American Leak Detection had revenue of $2.7 million in 2020.
The leadership team in Seattle will be staying to help grow the Northwest operations. In addition, one member of the leadership team will be moving to San Jose to grow that corporate operation and to link the technology operating plan between San Jose and Seattle. The transaction is accretive for shareholders and, combined with the December reacquisitions of New Orleans, Louisiana and Melbourne, Florida creates significant momentum for accelerating growth in 2021. Adrian Hadden, James Sinclair-Ford and Matthew Chan of WH Ireland Limited and Stephen Norcross of Dowgate Capital Limited acted as financial advisors for Water Intelligence.
Water Intelligence plc (AIM:WATR) completed the acquisition of Seattle franchise of American Leak Detection on January 6, 2021. Is New 90 Day High Low • Oct 21
New 90-day high: UK£4.79 The company is up 41% from its price of UK£3.40 on 23 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 1.0% over the same period. Valuation Update With 7 Day Price Move • Oct 16
Market bids up stock over the past week After last week's 15% share price gain to US$4.78, the stock is trading at a trailing P/E ratio of 44.3x, up from the previous P/E ratio of 38.5x. This compares to an average P/E of 35x in the Commercial Services industry in the United Kingdom. Total returns to shareholders over the past three years are 282%. Is New 90 Day High Low • Oct 01
New 90-day high: UK£4.15 The company is up 32% from its price of UK£3.15 on 03 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 1.0% over the same period. Announcement • Oct 01
Water Intelligence plc (AIM:WATR) entered into an agreement to acquire American Leak Detection franchise operation in Brisbane for AUD 0.55 million. Water Intelligence plc (AIM:WATR) entered into an agreement to acquire American Leak Detection franchise operation in Brisbane for AUD 0.55 million on September 1, 2020. American Leak Detection franchise operation in Brisbane reported revenue of AUD 0.5 million and pre tax profit of AUD 0.1 million. The transaction is subject to certain regulatory approval which will be completed in October. The purchase agreement has incentives for a price adjustment upward if management accelerates revenue and profits over the next twelve months as the marketplace adjusts. Stephen Norcross of Dowgate Capital Limited acted as financial advisor to Water Intelligence plc. Announcement • Sep 24
Water Intelligence plc (AIM:WATR) acquired American Leak Detection San Jose, California Franchise for $1.1 million. Water Intelligence plc (AIM:WATR) acquired American Leak Detection San Jose, California Franchise for $1.1 million on June 2, 2020. The purchase price for the reacquisition which includes all assets to conduct operations is approximately $1.1 million to be paid over three years. San Jose franchise operations generated approximately $0.7 million of revenue and $0.2 million of pre-tax profits in 2019. The acquisition is accretive to shareholder value and builds on a long term growth strategy that over the last five years has delivered compounded annual growth of 35% in terms of revenue and 33% in terms of profit before taxes. Stephen Norcross of Dowgate Capital Ltd acted as a financial advisor for Water Intelligence plc.
Water Intelligence plc (AIM:WATR) completed the acquisition of American Leak Detection San Jose, California Franchise on June 2, 2020. Reported Earnings • Sep 19
First half earnings released Over the last 12 months the company has reported total profits of US$2.05m, up 40% from the prior year. Total revenue was US$33.6m over the last 12 months, up 14% from the prior year.