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Bullboard - Stock Discussion Forum 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... see more

TSXV:ENW - Post Discussion

Enwave Corp > 4th quarter
View:
Post by Possibleidiot01 on Dec 18, 2020 9:31pm

4th quarter

Revenues 4th quarter - MD+A on Sedar

10,784

Direct costs
8,629)

Gross proffit 
2,155

Enpenses
(3,184)

Gross profit
929

Income Tax
101

Net Income
1

Adjusted EBITDA
20
  Loss per share
(0.00)

Toyal assets
40,663

Total liabiities
12,312


Costco promotion a big factor in revenue increase

Hope I copied these correctly

Comment by Possibleidiot01 on Dec 19, 2020 6:21pm
Just call it a lost year . Sales were $22,825 million in 2018 . Revenue for the year ended September 30, 2020 was $32,883, compared to $42,842 for the year ended September 30, 2019, a decrease of $9,959. The decrease in revenues for the year ended September 30, 2020 was primarily due to lower Moon Cheese® sales by NutraDried, and a decrease in machine sales as a result of delays ...more  
Comment by Possibleidiot01 on Dec 20, 2020 4:34pm
EnWave to Report Fourth Quarter 2020 Financial Results on December 18, 2020 and Host Investor Conference Call Well, since the resuts were filed on Sedar , Friday - I really shouldn't complain but since they are not on stockhouse or TMX , maybe the company should have said releasing results before market open December 21st.. Just saying.
Comment by JYBJYB on Dec 22, 2020 5:11pm
I have noticed this last time as well. I needed to actively search for the results more than usual. I'm guessing they'll be a little more forthcoming when the news is positive. Until that point in time I feel they have performed well, all things considered. I will continue to hold but no more purchases for now. I think we will need some patience for this to rebound in a meaningful manner.
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