Enwave Corp V.ENW

Alternate Symbol(s): NWVCF

Industrials

EnWave Corporation is a dehydration technology company. It has developed Radiant Energy Vacuum (REV) technology, which is a rapid, low temperature drying method. REV technology allows for drying that preserves flavor, color, and nutrients for premium snacks, meals and ingredients. REV technology enables food processors to produce products that retain nutritive value, concentrated natural flavor, bright colors, texture, and physical attributes, such as puffing. Its vacuum-microwave technology enables uniform drying with flexible moisture content unattainable with Freeze Drying or Air Drying. Its REVworx is a toll processing facility that offers vacuum-microwave contract manufacturing services. It has two commercial REV platforms: nutraREV, which is a drumbased system that dehydrates organic materials and quantaREV, a tray-based system. The Company has various applications across industries, which include food & ingredients, pharmaceuticals and cannabis & hemp.

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Enwave Corp > ratio

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Comment by Benedictuson Sep 16, 2021 11:30pm

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Post# 33875925

RE:ratio

It's all on sedar. Below numbers are from an old post so they do not include Q3 but should give you an idea of the current profile The hope is by the time the company exits FY 22 the company will see significant tailwinds on the royalty front with highly scaled US MSOSs buying and (hopefully) employing 120k machines as well as prior food company licensees scaling up to larger machines to expand the distribution of successful products.

Royalties and licensing fee revenue
2019 $735K
2020. $835K (13.6% YoY growth)
Q1 21 $320K
Q2 21 $163K