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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.


TSXV:ENW - Post by User

Bullboard Posts
Post by kidl2on Dec 17, 2018 10:42am
90 Views
Post# 29123533

Got my Christmas wish

Got my Christmas wishA profitable Q4 was on top of my wish list.
 
Although it’s a small profit but it was achieved in spite of an undisclosed but likely not small number ...
 
From the MD&A:
G&A expenses for the year ended September 30, 2018 were $2,439 compared to $2,072 for the year ended September 30, 2017, an increase of $367. The increase in G&A expenses for the year is due to higher personnel related costs, a lump severance payment and general salary increases. As a percentage of revenue, G&A expenses decreased 2% for the year ended September 30, 2018 relative to the year ended September 30, 2017

Bullboard Posts