Board Change • May 20
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 Director Joe Harris was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 02
Nephros, Inc. to Report Q1, 2026 Results on May 07, 2026 Nephros, Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026 Duyuru • Apr 01
Nephros Inc Expands Water Safety Capabilities With ASSE 12080 Certified Water Management Planning Expertise Nephros, Inc. announced an expansion of its customer-facing, water-safety support capabilities following the ASSE 12080 Legionella Water Safety and Management Specialist Certification earned by Brianne McGuire, Director of Business Development. The certification strengthens Nephros’ ability to provide consultative support to healthcare facilities and other complex buildings seeking to reduce waterborne pathogen risk and adds specific proficiency in the development of effective Water Management Programs (WMPs). This new capability marks a meaningful extension of Nephros’ field support for customers seeking more robust water safety programs. In addition to point-of-use filtration solutions, product installations and replacements, as well as public education, Nephros can now provide a direct Water Management Program development service. Water Management Programs offer a structured framework for identifying water-quality risks, establishing control measures, assigning responsibility, and defining ongoing monitoring and response. The company believes this offering will create additional value for customers while opening a new avenue for revenue generation through chargeable consulting service. Nephros considers this support expansion to be differentiated by the depth of practical knowledge informing it. Besides the new ASSE 12080 certification, Ms. McGuire brings broad experience in technical concerns, waterborne risk, current guidance and standards, and industry best practices born out of direct engagement with healthcare facilities and other regulated environments. Her leadership of the Nephros Water Institute and other company public education initiatives has further expanded the company’s perspective on how complex water safety risks are understood and addressed in practice. As a result, Nephros believes it is well-positioned to apply a diverse scope of understanding to the design of WMPs informed by extensive practical expertise in risk, implementation and real-world operational challenges. Duyuru • Mar 05
Nephros, Inc. to Report Q4, 2025 Results on Mar 12, 2026 Nephros, Inc. announced that they will report Q4, 2025 results After-Market on Mar 12, 2026 Duyuru • Oct 31
Nephros, Inc. to Report Q3, 2025 Results on Nov 06, 2025 Nephros, Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Duyuru • Oct 09
Nephros, Inc. Launches New Pfas Filter for Point-Of-Use Protection of Potable Water Nephros, Inc. announced the launch of its new filter designed to reduce Total PFAS, or per- and polyfluoroalkyl substances (PFAS), in potable water. This product expands Nephros' portfolio to address a category of chemical contaminants that have drawn growing regulatory and public health attention. PFAS, sometimes referred to as "forever chemicals," are synthetic compounds found in a wide range of consumer and industrial products. They are notable for their persistence in the environment, as well as their bioaccumulative nature and risk to human health. Key Features of the Nephros 19-Series PFAS Filter: Independently tested to NSF Standards 42 and 53; Validated reduction of Total PFAS, including PFOA and PFOS; Effectively reduces other hazardous contaminants such as lead, asbestos, cysts, chlorine, taste, and odor; 3,145-gallon capacity with a 1.63 GPM flow rate; Provides long-term protection against persistent, health-threatening waterborne contaminants. Duyuru • Aug 01
Nephros, Inc. to Report Q2, 2025 Results on Aug 07, 2025 Nephros, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Duyuru • Jun 19
Nephros, Inc. Approves Election of Lisa Nettis as Director Nephros, Inc. announced at the AGM held on June 16, 2025, approved Lisa Nettis as director, to serve a three-year term expiring in 2028. Duyuru • May 01
Nephros, Inc., Annual General Meeting, Jun 16, 2025 Nephros, Inc., Annual General Meeting, Jun 16, 2025. Location: virtualshareholdermeeting.com/neph2025, United States Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: US$0.017 (vs US$0.017 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.017 (up from US$0.017 loss in 3Q 2023). Revenue: US$3.52m (down 6.0% from 3Q 2023). Net income: US$183.0k (up US$365.0k from 3Q 2023). Profit margin: 5.2% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Duyuru • Oct 31
Nephros, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Nephros, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Duyuru • Oct 25
Nephros, Inc. Launches New HydraGuard 20" UltraFilter Nephros, Inc. announced the release of the HydraGuard 20" UltraFilter. This latest innovation enables the company to break into new markets and aid in compliance with water quality standards such as ANSI/AAMI ST108. The HydraGuard 20" model is an extension of the existing HydraGuard and designed to provide a higher-volume capacity and flow rate, while removing harmful contaminants like bacteria, viruses, and endotoxins. With this product, Nephros is poised to serve a broader range of customers, including companies within medical device manufacturing and pharmaceutical production, to ensure the highest level of water purity for industries that require strict quality standards. The HydraGuard 20" filter opens the door to expanded revenue opportunities and greater support for businesses and facilities struggling to establish or maintain compliance with strict regulatory standards. Most notably, the issuance of ANSI/AAMI ST 108 in late 2023 introduced new metrics for sterile processing, such as water testing schedules and parameters for bacteria and endotoxin presence. Solutions like the HydraGuard, along with other Nephros infection control products, provide exceptional retention of microbiological contaminants and support purification of water beyond the new standards. Regarding endotoxins specifically, Nephros in-line filters have the additional benefit of performance based on size exclusion, which achieves reliable and consistent retention compared to the more typical charged membranes. Reported Earnings • Aug 11
Second quarter 2024 earnings released: US$0.027 loss per share (vs US$0.042 loss in 2Q 2023) Second quarter 2024 results: US$0.027 loss per share (improved from US$0.042 loss in 2Q 2023). Revenue: US$3.25m (down 8.3% from 2Q 2023). Net loss: US$289.0k (loss narrowed 33% from 2Q 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Duyuru • Aug 01
Nephros, Inc. to Report Q2, 2024 Results on Aug 08, 2024 Nephros, Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Recent Insider Transactions • May 17
President recently bought €103k worth of stock On the 16th of May, Robert Banks bought around 50k shares on-market at roughly €2.06 per share. This transaction increased Robert's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Robert has been a buyer over the last 12 months, purchasing a net total of €140k worth in shares. Reported Earnings • May 13
First quarter 2024 earnings released: US$0.016 loss per share (vs US$0.03 loss in 1Q 2023) First quarter 2024 results: US$0.016 loss per share (improved from US$0.03 loss in 1Q 2023). Revenue: US$3.52m (down 4.7% from 1Q 2023). Net loss: US$169.0k (loss narrowed 45% from 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Breakeven Date Change • May 12
Forecast to breakeven in 2025 The analyst covering Nephros expects the company to break even for the first time. New forecast suggests losses will reduce by 68% to 2024. The company is expected to make a profit of US$538.0k in 2025. Average annual earnings growth of 121% is required to achieve expected profit on schedule. Duyuru • Apr 14
Nephros, Inc., Annual General Meeting, May 23, 2024 Nephros, Inc., Annual General Meeting, May 23, 2024, at 10:00 US Eastern Standard Time. Location: 380 Lackawanna Place South Orange New Jersey United States Agenda: to Elect two directors to serve a three-year term expiring in 2027; Ratify the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; Approve the 2024 Equity Incentive Plan; Approve the compensation of the Company’s named executive officers on an advisory (non-binding) basis; and Act upon such other matters as may properly come before the meeting or any adjournment thereof. Reported Earnings • Mar 10
Full year 2023 earnings released: US$0.15 loss per share (vs US$0.44 loss in FY 2022) Full year 2023 results: US$0.15 loss per share (improved from US$0.44 loss in FY 2022). Revenue: US$14.2m (up 43% from FY 2022). Net loss: US$1.58m (loss narrowed 65% from FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. New Risk • Mar 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (€29.1m market cap, or US$31.8m). Duyuru • Mar 01
Nephros, Inc. to Report Q4, 2023 Results on Mar 07, 2024 Nephros, Inc. announced that they will report Q4, 2023 results After-Market on Mar 07, 2024 Buy Or Sell Opportunity • Feb 05
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at €3.28. The fair value is estimated to be €4.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 22% in a year. Earnings are forecast to grow by 60% in the next year. Buying Opportunity • Jan 13
Now 27% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €4.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 22% in a year. Earnings is forecast to grow by 60% in the next year. Buying Opportunity • Dec 27
Now 23% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €3.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 22% in a year. Earnings is forecast to grow by 60% in the next year. Breakeven Date Change • Dec 08
Forecast to breakeven in 2025 The 2 analysts covering Nephros expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 67% per year to 2024. The company is expected to make a profit of US$649.0k in 2025. Average annual earnings growth of 97% is required to achieve expected profit on schedule.