Sixth Wave Innovations Inc.

Sixth Wave Innovations Inc.

SIXWF
Sixth Wave Innovations Inc.US flagOther OTC
0.00
USD
- -
- -
1,958.00Market Cap
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.44
-0.21
-0.13
-0.04
-1.04
-8.61
-1.04
-1
-0.38
-1.52
-2.37
-1.15
-0.49
-0.33
Free Cash Flow per Basic Share
-0.62
-0.41
-0.55
-0.1
-0.39
-0.05
0.01
-0.41
-0.58
-1.25
-0.51
-0.5
-0.15
-0.08
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.65
-0.32
-0.34
-0.31
-3.94
-12.54
-95.33
-6.11
0.35
-0.13
0.22
-0.26
-0.53
-0.66
Tangible Book Value per Share
1.23
1.62
1.17
0.98
8.13
-0.5
-4.83
-2.17
0.84
0.43
-0.41
-0.01
-0.22
-0.34
Basic Weighted Avg Shares
1
5
7
9
1
1
- -
- -
2
5
9
14
18
19
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
Net Income, GAAP
- -
-1
-1
- -
-1
-8
- -
- -
-1
-7
-21
-16
-9
-6
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
1
4
1
- -
- -
- -
-1
-1
2
1
-3
1
-3
-6
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
2
1
- -
Total Equity
1
8
8
9
8
- -
-1
-1
2
2
6
3
-3
-6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Nov'23
Feb'23
May'23
ST Debt
2
3
3
LT Borrowings
2
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
20
20
Market Capitalization
4
3
2

Working Capital

FRC

in mil. unless spec.
Nov'23
Feb'23
May'23
Total Current Assets
1
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
4
6
7
Payables & Accruals
2
3
3
ST Debt
2
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-59.13%
-97.96%
-206.33%
Free Cash Flow
-839.35%
300.98%
-60.96%
Net Income, GAAP
197.69%
227.88%
-45.61%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.18
-0.15
-0.17
- -
-1.15
2022
-0.11
-0.13
-0.04
- -
-0.49
2023
-0.06
-0.06
-0.04
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jonathan Peter Gluckman
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
1100 Melville Street Vancouver BC Canada V6E 4A6
IPO Date
Dec 31, 2010
Business
Sixth Wave Innovations Inc. is a nanotechnology company specializing in the extraction and detection of target substances at the molecular level utilizing proprietary molecularly imprinted polymers (MIPs). The company commercializes two primary product lines: IXOS®, a series of extraction polymers designed for the gold mining industry to enhance metal recovery processes, and Affinity™, which is specialized for the cannabis industry to detect and isolate cannabinoids including CBD, THC, CBG, CBC, CBN, and THCv. Founded in 2007 and headquartered in Bedford, Canada, Sixth Wave serves the mining and cannabis markets with applications that improve performance and reduce costs through advanced molecular technology. Recent major developments include the signing of a memorandum of understanding with Magnus Mineral Resources for testing and implementation of the IXOS® mining technology, reflecting strategic partnerships aimed at advancing commercial uptake. Additionally, the company has secured patents related to metals extraction and purification technologies, including lithium, expanding its reach into critical materials processing. However, the company faced an asset foreclosure by a secured lender in late 2023, indicating significant operational challenges. Sixth Wave was delisted from the Canadian Securities Exchange in April 2024 while focusing on strengthening its core technologies and business model. Sixth Wave operates primarily in North America but its technologies have global potential across resource extraction and cannabis product purification sectors. The firm remains focused on leveraging its molecular imprinting technology platform to provide customized solutions for material detection and purification in specialized industries. Key strategic actions over the past two years include restructuring, intellectual property enhancements, and collaborative agreements to commercialize and deploy its products more broadly within its targeted industrial sectors.

Company News

APIChat
  • CSE Bulletin: Consolidation - Sixth Wave Innovations Inc. (SIXW) - REVISED DATES

  • CSE Bulletin: Consolidation - Sixth Wave Innovations Inc. (SIXW)

  • Sixth Wave Innovations Inc. Reports Positive Test Results on Innovative Flow Sheet for Champlain Mineral Ventures Ltd. Brazil Lake Lithium Deposit

  • Rio2 and Sixth Wave Innovations to start second phase of IXOS testing at Fenix gold project in Chile