Water Intelligence Share Discussion Threads

[mammyoko] 27/6/2024 08:56

Great results - eps 14% ahead of forecast. Forecasts for 2024 likely to be raised to around 40c putting this on a forward p/e of 13 which is bottom of its trading range over the last five years. Much too cheap given the clear strategy, the alignment between management and shareholders and now net cash. I would think a forward p/e of 18 could be justified implying a price of around 550.

[this_is_me] 27/6/2024 08:35

Steady progress. It remains to be seen if the "state-of-the-art training center (sic)in Bridgeport" will be worth the money.

[waldron] 22/6/2024 06:19

Technical analysis trends

Short Term Mid-Term Long Term

Resistance 417.50 417.50 445.00

Support 382.50 372.50 312.50

[waldron] 21/6/2024 17:22

Current Resistence seems be around 4.17gbp so might be a risk of topping out thereabouts

Needs more Analysts writeups

Analysts' Consensus

Mean consensus
BUY

Number of Analysts
2

Last Close Price
3.985 GBP

Average target price
8 GBP

Spread / Average Target
+100.75%

High Price Target
8 GBP

Spread / Highest target
+100.75%

Low Price Target
8 GBP

Spread / Lowest Target
+100.75%

[professor x] 11/6/2024 18:33

There is a really detailed and in-depth write up by The Oak Bloke on twitter, if anyone is interested.

[davebowler] 19/5/2024 12:56

htTPs://theoakbloke.substack.com/p/watr-is-a-going-ona-heh?

[effortless cool] 16/5/2024 10:14

I forecast down 6.5%, so not far off. Franchisees and overseas were spot on. Corporate-owned were a little lower than I had expected. Overall q1 revenue $0.3m below my forecast, so a small disappointment on revenue. PBT and net cash pretty much in line with expectations.

[its the oxman] 16/5/2024 09:41

Franchise related sales down 12%. Was that expected? Shares down a bit so guess market was hoping for something better.

[pugugly] 16/5/2024 08:27

EC:- Thanks for that - Makes sense for the company but possibly not for the franchisee.

[effortless cool] 15/5/2024 14:56

PUGUGLY,

I would say they are an early-stage franchising company, late-stage operating company.

By that I mean that they let franchisees build the brand in a territory and then look to bring that franchise in-house once it is established.

This strategy derisks their territorial expansion and let's them prioritise refranchising in territories where there is the most benefit/potential.

[pugugly] 09/5/2024 07:43

I wish they could make up their minds as to whether they are a franchising organisation or an operating company - Seem to change their direction every month.

[the grumpy old men] 09/5/2024 07:38

Reacquisition of Fresno, California Franchise

Sale of New Franchise in Albany and Saratoga, New York

Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Group"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water, is pleased to announce two transactions: the reacquisition of its franchise in Fresno, California and the sale of a new franchise for Albany and Saratoga, New York, both within the Group's American Leak Detection ("ALD") subsidiary.

[epo4eva] 03/5/2024 19:23

Looks like the share price has bottomed out. The share price should be rising every year to match the high growth.

[trader465] 02/5/2024 13:06

Why the sudden rise here?

[this_is_me] 15/2/2024 07:45

The company has been making steady progress.

In the long term the investment in training and R&D should have a big long term payback. There is a determination to greatly increase work for insurance companies.

[trader465] 15/2/2024 07:35

All looks ok to me, no nasty surprises.

All headline numbers were positive. Revenue during 2023 grew 7% to $76.0 million (2022: $71.3 million). Statutory Profit Before Tax grew 13% to $6.2 million (2022: $5.5 million). Adjusted Profit Before Tax grew 12% to $8.7 million (2022: $7.8 million). Statutory EBITDA grew 7% to $11.8 million (2022: $11.1 million). Adjusted EBITDA grew 9% to $13.4 million (2022: $12.4 million).

Margins improved despite continued inflation in the US. Adjusted PBT margins increased to 11.5% (2022: 10.9%); Adjusted EBITDA margins increased to 17.7% (2022: 17.3%).

In terms of market capture, network sales (direct corporate sales and indirect gross sales to third parties from which franchise royalty is derived) grew approximately 3%, reaching approximately $170 million (2022: $165 million).

The balance sheet as at year-end 2023 remained strong, thus maintaining capacity for capital to be allocated to growth investments in 2024. At 31 December, the Group had cash of $15.8 million and Total Debt (Bank Debt and Deferred Payments for Acquisitions) of $22.8 million. Hence, the Group's Net Total Debt to EBITDA ratio was 0.60 and Net Total Debt to Adjusted EBITDA was 0.53. With our conservative balance sheet position, we continue to have "dry powder" to make investments during 2024 to further grow our business.

[this_is_me] 01/2/2024 07:49

Those big contract wins should see large increases in business in the near future.

[ariane] 01/2/2024 07:12

Water Intelligence PLC National Insurance Wins
01/02/2024 7:00am
RNS Non-Regulatory

RNS Number : 6145B




Water Intelligence plc is pleased to announce that since the beginning of 2024 it has signed two national contracts, which launch on 1 February, between its American Leak Detection (ALD) subsidiary and top-tier national insurance companies in the United States.

ALD provides insurance companies and their loss adjusters with a trusted solutions partner with operational coverage across the United States.

ALD uses its proprietary technologies to pinpoint water leaks and minimize collateral damage claims for residential and property management end-users.

These contracts reinforce ALD's brand leadership in providing solutions for water-related claims, which is one of the largest source of claims in the US home insurance market.



One contract is a multi-year expansion of an existing national contract which includes both a price increase for ALD's value-add service offerings and the provision of automated data analysis from the Group's Salesforce.com customer management implementation.

With the addition of such data analysis from its secure cloud-based environment, ALD is uniquely positioned to provide significant value to insurers across the United States.



The other contract is a new national contract with one of the leaders in the high-end residential market.

ALD is uniquely positioned to deliver custom results given its minimally-invasive approach to pinpointing and repairing water leaks.

For this segment of the market, ALD will not only deliver water and wastewater solutions and data regarding its premium services but also follow-on products for the smart home via its video ecommerce applications.






The Group will release a Full Year 2023 Trading Update during the week of February 12.



Executive Chairman, Patrick DeSouza commented: "We are delighted to kick-off 2024 in strong fashion and to reap the benefits of prior technology investments that we have made in systems, proprietary diagnostic tools and follow-on offerings.

We have a large addressable market to capture."

[glaws2] 27/12/2023 15:58

The statutory PBT for 2022 was impacted by the cost of the salesforce implementation. It's unclear when the booked those costs but my guess is that they did at the year end.

[effortless cool] 26/12/2023 15:47

There is quite strong revenue seasonality on the US franchise business, with q4 being the lowest revenue quarter by some margin. This could well feed down to q4 being loss-making.