||EPS - Basic
||Market Cap (m)
|Software & Computer Services
|Water Intel. Daily Update: Water Intel. is listed in the Software & Computer Services sector of the London Stock Exchange with ticker WATR. The last closing price for Water Intel. was 133p.|
Water Intel. has a 4 week average price of 133.33p and a 12 week average price of 112.47p.
The 1 year high share price is 145p while the 1 year low share price is currently 53.50p.
There are currently 12,000,233 shares in issue and the average daily traded volume is 8,829 shares. The market capitalisation of Water Intel. is £15,960,309.89.
|martinthebrave: Graham Neary on Stockopedia today - Quite positive!
Water Intelligence (LON:WATR)
Share price: 133p (+6%)
No. shares: 12m
Market cap: £16m
Q4 Trading Update and Year-End Corporate Items
This primarily US-based leak detection and fixing business has been going from strength to strength over the past year, culminating in the following Q4 trading update:
The Company's strong financial performance referred to in the Q3 Trading Update on 21 December 2016, continued for the remainder of 2016. Revenue growth exceeded market expectations within all sales channels, including newly acquired UK-based NRW Utilities, with total revenues for the year of $12.2m (2015: $8.8m) with adjusted profit before tax in-line with market expectations.
Costs rose due to a UK acquisition and a few other activities which are not ongoing, so hopefully 2017 will be even better.
Profit margins are expected to grow during 2017 with a full year of trading from the 2016 acquisitions, together with continued organic growth.
There's another small bonus for investors as the company announces that it will release final results on or around 9 May. Last year, investors had to wait until June to get the figures, which is far from ideal.
I discussed this company last year and noted the high returns achievable through its franchise business model.
My opinion: Highly investable if you're comfortable owning a US company.|
|martinthebrave: Pretty impressive when you can do a placing at 10% above the prevailing share price. Bodes well for the future IMO.|
|pyemckay: real strength in the share price recently. all encouraging.|
Water Intel. share price data is direct from the London Stock Exchange