Stock data
| Market cap. | C$98.4m |
| Last close | C$1.36 |
| High / Low (52 weeks) | C$2.2 / C$1.4 |
| Stock market listing | TSX |
| Forecast net cash (C$m) | 8.1 |
| Forecast gearing ratio (%) | N/A |
| Team | Technology |
| Sector | Technology |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (17.07) | (12.26) | (36.74) |
| Relative * | (11.86) | (3.28) | (25.21) |
* % Relative to local index
Other companies covered in sector
| Y/E Sep | Revenue (C$m) | EBITDA (C$m) | PBT (C$m) | EPS (fd) (c) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2010A | 0.1 | (2.6) | (2.6) | (4.3) | N/A | N/A |
| 2011A | 0.2 | (3.5) | (3.5) | (5.2) | N/A | N/A |
| 2012E | 1.1 | (3.6) | (3.6) | (5.1) | N/A | N/A |
| 2013E | 2.8 | (2.4) | (2.5) | (3.4) | N/A | N/A |
Last updated on 23/04/2012
Latest research
Commercial success
Update | Technology | 02/05/2012
A disruptive technology
Outlook | Technology | 09/01/2012
Investment summary
It is a small step at a still early stage, but the beginning of commercial production by one of EnWave’s customers proves that the company’s technology is more than just theory and prototype. This is an important milestone, underpinning our forecast revenue generated from royalties, and enhancing the credibility with other potential customers.
Last updated on 02/05/2012
Industry outlook
Globally, approximately $400bn of products are manufactured each year using some kind of drying technology. The market for fruit, vegetables, meats and other foods is estimated at $140bn. The current strategy is to license its technology, and EnWave is gaining traction by signing licensees and establishing partnerships with global manufacturers including Nestlé, Merck and Kellogg. Successful conversion of trials-to-contracts would secure royalty streams and provide the base for potential significant valuation uplift.
Last updated on 23/04/2012
Key management
| John McNicol, CEO |
| Dr Tim Durance , CEO |
| Salvador Miranda, CFO |
Company address
| Suite 2000 1066 West Hastings Street Vancouver, B.C. V6E 3X2 Canada 778-378-9616 View website |
