EnWave Corporation

EnWave Corporation

0.18
CAD
0.00
(0.00%)
-0.02EPS
30.87MMarket Cap
Dec 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.07
0.01
0.07
0.17
0.18
0.23
0.41
0.3
0.24
0.1
0.1
0.07
0.12
0.11
Basic EPS, GAAP
-0.1
-0.08
-0.1
-0.02
-0.04
-0.01
-0.02
-0.04
-0.04
-0.06
-0.06
-0.02
- -
-0.02
Free Cash Flow per Basic Share
-0.1
-0.07
-0.05
-0.02
-0.03
0.01
-0.05
-0.04
- -
-0.04
-0.02
0.01
-0.01
-0.05
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.18
0.19
0.1
0.12
0.09
0.17
0.28
0.25
0.21
0.16
0.1
0.09
0.1
0.08
Tangible Book Value per Share
0.06
0.09
0.06
0.1
0.08
0.16
0.27
0.25
0.21
0.16
0.1
0.09
0.1
0.08
Basic Weighted Avg Shares
77
83
84
90
91
100
105
111
112
110
111
111
112
117
Sales/Revenue/Turnover
5
1
6
15
16
23
43
33
26
11
11
8
14
12
Operating Margin (%)
-137.36
-412.6
-80.03
-10.11
-17.86
1.79
-0.97
-20.64
-15.7
-26.35
-11.39
-35.41
-9.68
-12.99
Depreciation Expense
2
2
2
2
2
2
2
2
3
1
1
1
1
1
Net Income, GAAP
-8
-6
-9
-2
-3
-1
-2
-4
-4
-7
-7
-2
- -
-2
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-144.82
-534.14
-147.55
-14.16
-21.25
-5.67
-4.64
-13.51
-15.58
-62.7
-57.31
-29.31
-3.02
-14.59
Working Capital
5
6
3
7
7
12
26
24
18
11
9
7
10
7
LT Debt
- -
- -
- -
- -
- -
- -
- -
1
1
2
1
1
2
2
Total Equity
14
16
9
12
10
17
31
28
23
18
12
9
12
10
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-46.41
-42.23
-71.56
-22.43
-35.59
-10.28
-8.3
-14.98
-16.07
-34.11
-44.62
-22.86
-3.9
-19.98

Capital Structure

CAD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
1
2
3
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
119
119
119
Market Capitalization
48
31
31

Working Capital

CAD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
12
12
12
Cash, Cash Equivalents & STI
3
3
2
Accounts Receivable, Net
2
1
1
Inventories
3
4
3
Total Current Liabilities
3
4
5
Payables & Accruals
2
2
2
ST Debt
1
2
3
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.86%
-13.58%
27.28%
Free Cash Flow
1,570.8%
3,284.03%
-155.96%
Net Income, GAAP
0.9%
-18.19%
-82.57%
Sales/Revenue/Turnover
23.5%
-6.77%
69.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
1
3
4
8
2025
1
4
3
6
14
2026
2
1
3
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
- -
0.01
-0.02
2025
-0.01
0.01
-0.01
0.01
- -
2026
-0.01
-0.01
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Brent Charleton
Full Time Employees
27
Sector
Producer manufacturing
Industry
Industrial machinery
Address
1668 Derwent Way Delta BC Canada V3M 6R9
IPO Date
Mar 18, 1997
Website
enwave.net
Business
EnWave Corporation (TSX-V:ENW) is a Vancouver-based industrial technology company founded in 1999 that develops, licenses and sells proprietary Radiant Energy Vacuum (REV) dehydration machinery and related services for the food, pharmaceutical, cannabis and biomaterial industries worldwide. The company offers a portfolio of REV platforms including nutraREV drum-based systems and quantaREV tray-based systems in scales from 10kW batch to 120kW continuous production machines; it provides royalty-bearing intellectual property licensing for product categories such as shelf-stable dairy snacks (e.g., Cheese O’s, Moon Cheese), fruit and vegetable chips (e.g., Orto Al Sole, Dole Good Crunch), high-protein ingredients, pet treats and cannabis drying applications; additional services encompass toll processing at its REVworx facility in Delta, British Columbia, product development support via the EnWave Innovation Center, and auxiliary equipment sales. EnWave operates through over 50 royalty partners across 24 countries on five continents, targeting consumer packaged goods producers, snack brands, dairy processors and cannabis cultivators seeking superior drying efficiency, nutrient retention, microbial reduction and reduced processing times compared to freeze, air or rack drying methods. Recent developments include the closing of a fully-subscribed $3 million LIFE offering in August 2025 to fund construction of additional 60kW-120kW REV machines amid expanding order backlogs; multiple royalty-bearing license expansions and amendments in 2025 with partners such as MicroDried, Procescir S.A. de C.V., Creations Foods and Shinyway International Limited of New Zealand; sales of 120kW REV equipment to BranchOut Foods with expanded global dragon fruit rights, two 10kW machines to Dairy Concepts Irl for European dairy snacks, and additional 10kW units to U.S. and Brazilian partners; plus ongoing progress payments and commissioning for large-scale machinery with Mexican licensee Procescir. Headquarters are located in Delta, British Columbia, with global operations supported by a robust intellectual property portfolio and analyst coverage from Clarus Securities.

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