Water Intelligence Share Discussion Threads

[silverfern] 24/5/2018 14:25

Well that may be a broker deal as there aren't that many shares floating about. i hope there s some substance behind the activity .

[effortless cool] 24/5/2018 14:20

Swiftly followed by another (or perhaps the same) 50k at 300.24p.

[effortless cool] 24/5/2018 14:08

And the trade that's driven the increase has just been reported: 50,000 shares at 300p.

Well done that (wo)man.

[someuwin] 23/5/2018 09:56

Yes, saw that article on the news.

"England is facing water supply shortages by 2050 unless rapid action is taken to curb water use and wastage, the Environment Agency has warned.

Its new report says enough water to meet the needs of 20 million people is lost through leakage every day.

Population growth and the impact of climate change are expected to add to supply pressures..."

That's a third of the total water usage lost to leakage. WATR are just going to get bigger and bigger.

[effortless cool] 23/5/2018 07:16

Yes, makes the purchase of NRW Utilities look a smart move strategically.

[tinker10] 23/5/2018 06:58

Another article highlighting the growth potential for the UK business.

[someuwin] 22/5/2018 13:28

This is what I call a 'fire and forget' stock. (aka buy and hold)

[the grumpy old men] 17/5/2018 13:17

Interesting

could this be a potential takeover target for veolia,suez or one of the other major water companies

[the grumpy old men] 17/5/2018 13:08

Water Intelligence makes a splash as 'exciting journey' continues
water treatment tank
Water Intelligence
287.64
08:35 17/05/18
3.84%
10.64
FTSE AIM All-Share
1,082.94
11:50 17/05/18
-0.22%
-2.39

Leak detection and remediation solutions firm Water Intelligence saw revenues and profits leap more than 45% in a trading year seen as a "jumping-off point" by directors.

The AIM-quoted group grew revenues 45% to $17.6m in 2017 thanks in part to its American Leak Detection franchise and its system-wide sales of approximately $80m.

Statutory profit before tax increased 48% to $1.1m for the year and adjusted earnings per share increased 30% to 10.4 cents.

Looking forward, Water Intelligence highlighted a "very positive" start to 2018 with revenues increasing 40% in first quarter alongside its $5.75m equity raise, and a further $1.75m in credit availability, leading to the elimination of all of the firm's net debt.

Dr Patrick DeSouza, executive chairman of Water Intelligence, said in Thursday's statement, "All aspects of the business are delivering strong growth and we are achieving a significant increase in overall profitability despite investing to lay the foundations for sustaining future growth."

"We are at the beginning of an exciting journey with our platform and confident that we can make a difference in solving infrastructure problems - residential, commercial and municipal - that cause water loss, our most precious resource," he added.

As of 0930 BST, Water Intelligence shares had gained 3.84% to 287.64p.

[someuwin] 17/5/2018 12:45

Bought more today.

[someuwin] 17/5/2018 08:44

Excellent stuff.

finnCap increase WATR target price from 263p to 309p.

[masurenguy] 17/5/2018 07:34

Sales up 45%, eps up 30% and a very good start to the current year !

RNS Number : 3517O
Water Intelligence PLC
17 May 2018

Results for the year ended 31 December 2017

Water Intelligence, a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water, is pleased to present its full, audited results for the year ended 31 December 2017.

Results Highlights

-- 2017 total revenue increased 45% to $17.6m accelerating from 38% annual revenue growth reported for 2016

-- American Leak Detection franchise system-wide sales of approximately $80m, a significant increase on 2016, and installed base of residential customers reaching approximately 200,000

-- Growth, mostly organic, assisted by further development of insurance channel and through 2 franchise reacquisitions (Indianapolis and Northern Virginia), as well as, opening of corporate-owned Washington DC territory

-- Business-to-business channels launched: Entered into first formal nationwide insurance agreement in February 2017, second formal agreement signed since period end in January 2018; first national pool partnership entered into in May 2017

-- UK-based municipal business strong first full year after acquisition; cross-sales of solutions to ALD franchise business initiated unlocking further growth beyond residential and business-to-business offerings

-- National Internet marketing program implemented with leading edge partner for advanced social media and analytics

All major components of revenue grew strongly

o Revenues from royalty income from franchisee-executed sales increased 7% to $5.9m

o Revenues from franchise-related activities (including parts and equipment sales, business-to-business sales) increased 111% to $3.7m

o Revenues from U.S. corporate-executed sales increased 41% to $5.9 million

o Revenues from international corporate-operated locations increased by 206% to $2.1 million

-- Profits before tax when adjusted for non-core costs increased 22% to $1.7m
o Statutory profit before tax increased 48% to $1.1m

-- Adjusted EPS increased by 30% to 10.4 cents; (2016: 8.0 cents)

Post-period Highlights

-- Very positive start to 2018 with revenues increasing 40% in first quarter

-- Entered into second national insurance agreement

-- UK-based municipal business growing; cross-sale to corporate-run ALD location in Sydney

-- Formal partnerships entered into with Flo Technologies, Inc. and Tagasauris, Inc. to enhance technology offerings; each partner with proprietary artificial intelligence innovation to contribute to the "Smart Home" of the future

-- Raised $5.75m in equity and $1.75m in credit availability in March 2018; elimination of net debt

-- Three further franchise reacquisitions: Kentucky, Bakersfield, California and South Florida

Dr. Patrick DeSouza, Executive Chairman of Water Intelligence, commented: "Our 2017 performance and continued follow-through during Q1 2018 is a jumping-off point for the next stage of building a multinational growth company. All aspects of the business are delivering strong growth and we are achieving a significant increase in overall profitability despite investing to lay the foundations for sustaining future growth. We also have increased our capital base with institutional partners to fuel our trajectory. Not to be missed, we have extended our technology offerings through cutting-edge partnerships. With our existing and growing sales footprint, we can unlock value with both up-sales of new technology products and cross-sales between our ALD and WII operations. We are at the beginning of an exciting journey with our platform and confident that we can make a difference in solving infrastructure problems - residential, commercial and municipal - that cause water loss, our most precious resource."

[silverfern] 16/5/2018 17:54

A good bet- I approached their PR company . They said because shares are in a nominee account they wouldn't pass my message on to the company. Which actually supported E Cool's suggestion they stick to the timelines they publish, whilst also thanking them for regular business updates.

[from8to800] 16/5/2018 15:15

Heard results are out tomorrow. Last chance to get on board!

[silverfern] 15/5/2018 07:21

ANother good announcement.

[silverfern] 10/5/2018 11:27

well yes, they could do with bringing them forward too, but we get quarterly updates and there's many companies many times bigger that don't do that (one I hold, PHTM, at £600m market cap for example). We had a full update for Q1 only two weeks ago, and there's not much about the past we don't know. It may be they are waiting to update us on Q2, an acquisition etc. Some buying today anyway and an announcement.

[effortless cool] 10/5/2018 07:24

"The Company expects to announce its audited results for the year ended 31 December 2017, on or around 9 May 2018, approximately the same date as last year".

Last year the results actually came out a week after the indicated date, so this year is looking more "the same as last year" than I would wish.

If WATR is to improve its credibility, it needs to cut out this sort of 'amateur hour' behaviour. The fact that they will be issuing audited results, rather than prelims, suggests an over-reliance on the auditors, and a need to upgrade the finance function.

[metis20] 26/4/2018 19:45

From yesterday's trading update

"In addition, the Group plans to reinforce the "Intelligence" dimension of Water Intelligence. Our corporate DNA already emphasizes the use of technology to solve problems of water infrastructure. We plan to add to this technology profile through partnerships announced and developed during Q1 with "AI-first" (Artificial Intelligence) home services product companies, such as Flo Technologies, and video solutions companies, such as Tagasauris. Such partnerships will help define the Group's brand as a technology company that provides leading-edge products and services to address the global problem of water loss."

Flo technologies

[silverfern] 26/4/2018 11:48

Well I don't have that amount; I have about 0.2% of the company! I am intrigued by the link up with Flo. Flo is funded by venture capital and if the investors wanted a float on a stock exchange a reverse takeover or merger with WATR would be one way to get it done very cost efficiently. Early days and I don't like to speculate, having just done so!

[effortless cool] 25/4/2018 16:42

silverfern,

Almost at 100,000 - about 0.6% of the company.

As I posted earlier today elsewhere, this is the most exciting opportunity I have seen since Lo-Q (ACSO, nowadays). Yes there is significant risk (although I think the franchise model limits the downside, short of fraud), but the upside potential is, I think, immense. I have waited a long time to find a share like this, and I intend to make the most of it.

[silverfern] 25/4/2018 16:21

EC, you must be knocking 100k shares by now. i thought I had held a whack but you'r practically up there with de Souza!

[effortless cool] 25/4/2018 12:58

I just added another 7,960 shares in one go, so the market is actually unusually liquid just now.

[silverfern] 25/4/2018 11:29

Because you were offering to buy more than the typical amount to encourage sellers so they can fill your order. There have been moves recently to increase liquidity; best would be for the Desouza to sell more to the City- the last lot were snapped up.