Canadian firm EnWave's Q4 revenue rises on machine sales

Enwave

15/12/2025 14:13

Overview

Vacuum dehydration firm's Q4 revenue rose 71% yr/yr

Adjusted EBITDA for Q4 rose significantly, driven by machine sales

Company signed multiple equipment purchase agreements in Q4

Result Drivers

MACHINE SALES - EnWave's Q4 revenue growth was driven by the commissioning of one large-scale and six small-scale machines, and the sale of a refurbished 120kW machine

ADJUSTED EBITDA GROWTH - Increase in Q4 adjusted EBITDA was driven by machine sales and production sales mix

ROYALTY REVENUE SHIFT - Base royalties increased due to expanded product sales and REV machine capacity utilization, while total royalty revenue decreased due to a partner's strategic shift

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
C$6.22 mln
C$4.79 mln (1 Analyst)
Q4 EPS
C$0.01
Q4 Net Income
C$928,000
Q4 Adjusted EBITDA
Beat
C$1.41 mln
C$108,000 (1 Analyst)

Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Enwave Corp is C$0.80, about 90.5% above its December 12 closing price of C$0.42

Press Release: ID:nGNX1wmlxS

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)