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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

Comment by Benedictuson Jul 23, 2021 8:49am
152 Views
Post# 33595225

RE:The significance of growing royalties.

RE:The significance of growing royalties.

CFR, I'll certainly admit my math was lazy. I am not short or a soft basher or whatever else folks are calling it these days. I am a realist. Investors who like things in black and white usually dislike my posts because at times I am critical of companies in my portfolio. 

Here's some archived  linear math for you from sedar.
 Royalties and licensing fee revenue
2019  $735K
2020. $835K (13.6% YoY growth)
Q1 21 $320K
Q2 21 $163K

This company has been in the business of selling these machines for over 10 years and these are the royalties and implied growth rate you are excited about? Please instead of dismissing me as "the respondent" and an uninformed short help me understand why on earth this is the exciting part of the business. As I have said before, if the cannabis segment turns on meaningfully that could definitely impact the royalty and, therefore, the margin profile for the machine segment. Frankly I'm far more curious to see how they turn on the tolling and Nutradried B2B segments and if they can mend the B2C nutradried segment. That's my take. 
 

 

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