Water Intelligence Share Discussion Threads

[zipstuck] 10/2/2020 08:01

Half 1 Revenue 15.87 H2 32.4

[expletive deleted] 10/2/2020 07:51

Zipstuck,The second half is always smaller than the first. 2018, for example, H1 PTP $1,262k, H2 PTP $492k.

[zipstuck] 10/2/2020 07:42

First Half
o Statutory profit before tax up 20% to $1.51 million
(1H 2018: $1.26 million)
o Profit before tax adjusted for non-core and share-based
payments up 29% to $2.02 million (1H 2018: $1.57 million)
o Continued investment in hiring and technology

Full Year

R&DWater Intelligence statutory profits before tax grew strongly by 33% to $2.4 million (2018: $1.8 million)
o Corporate locations profit margins continue to scale to 13.5% in 2019 from 12% in 2018 despite reinvestment to sustain 44% sales growth
-- Water Intelligence profits before tax adjusted for non-core costs* and non-cash amortisation expense grew 36% to $3.4 million (2018: $2.5 million)


So only $0.89m Stat Profit in 2nd Half and 1.38 adjusted

[effortless cool] 09/2/2020 08:13

Costis, so far as I can tell, seems to have got off scot-free, and is likely still living well off Globo shareholders' funds.

On Lloyd's businesses, I still rate BEZ and am suspicious of LRE, but don't really keep a close eye on either, anymore.

[ursus] 08/2/2020 17:52

Oops - LRE is the only one I look at regularly. Odey is reducing his short there.

[ursus] 08/2/2020 17:50

Ah Coolie - yes decidedly racy. I like to have a reckless tech punt from time to time and this was my successor to Transense. I actually invested before finding this thread but bought many more after finding yr sharp analysis at abt 130 or 140. I've sold and bought some since at all sorts of prices. But got that last sale wrong!OT- how come Globo's Costas is not doing time? And how do you view the remaining Lloyd's quoted businesses at the moment? LRE is about the only onec

[effortless cool] 07/2/2020 12:15

Ursus - I didn't know you were in here; a bit racier than your normal holdings?

[silverfern] 06/2/2020 13:46

3800 nice pun, if it was intended! but volumes are quite small. Full yr trading update due shortly.

[ursus] 06/2/2020 12:30

Yes - that buy looks a lot smarter than my sale of part of my holding at 230 at abt the same time. I was nervous of the continued downhill drift but luckily illogical enough to fail to sell all!

[3800] 06/2/2020 09:12

Maybe something is leaking?

[silverfern] 06/2/2020 09:03

I'll break the silence - looks like a stock squeeze. EC's buy at 240p in November looks very smart now!

[the grumpy old men] 27/11/2019 10:23

wide open spaces

needs more analyst cover

[the grumpy old men] 27/11/2019 10:20

Iain Gilbert
Sharecast News
27 Nov, 2019 10:03 27 Nov, 2019 10:02
Water Intelligence tops 2018 revenues earlier than expected
sewer cover manhole

Leak detection and remediation solutions provider Water Intelligence saw its shares advance on Wednesday morning after the firm revealed that it had surpassed last year's full-year revenues earlier than expected.
Water Intelligence
280.00
08:30 27/11/19
3.70%
10.00
FTSE AIM All-Share
916.41
09:15 27/11/19
0.09%
0.78

In the ten months ended 31 October, Water Intelligence said it had achieved $27.5m in revenues - significantly ahead of its full-year 2018 result of $25.5m.

The AIM-listed group also noted that pre-tax profits remained "comfortably in-line with expectations" for the full year.

Water Intelligence told investors its current level of execution and strong market demand for water infrastructure services had enabled it to accelerate its next five-year growth plan.

Beginning in 2020, Water Intelligence will invest in three new lines of business - on-line product sales for water leak monitoring and water quality; proprietary sewer and wastewater technologies and solutions; and cross-sales of its UK municipal solutions into the US.

Chairman Dr Patrick DeSouza said: "We are delivering on our objectives and we remain ambitious.

"While surpassing the sales milestone is important, we seek to finish the year strongly and to set even higher near-term targets than expected."

As of 0950 GMT, Water Intelligence shares were up 5.19% at 284p.

[silverfern] 27/11/2019 09:43

Given the share price is flat vs May 2018 this is looking like a good entry/top up point given today's assurance. Revenue likely to come in at $33-34m so EC's figures in the header look a fair reflection of where we are.

[adrian j boris] 27/11/2019 07:03

RNS Number : 7681U

Water Intelligence PLC

27 November 2019

Water Intelligence plc

Trading Update Regarding Sales Growth Milestone

Water Intelligence plc (AIM: WATR.L), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to provide a trading update through the end of October with respect to a year-to-date sales growth milestone.

We report that once again we have surpassed the prior full-year revenue result earlier than expected. Through the end of October, we achieved $27.5 million in revenue which stands significantly ahead of the full year 2018 result of $25.5 million. Profit before tax (statutory and adjusted) remains comfortably in-line with expectations for full year 2019.

We are especially pleased to produce these strong top and bottom line results while re-investing during the year in three new lines of business for our next five-year growth plan which begins in 2020: (i) on-line product sales for water leak monitoring and water quality; (ii) proprietary sewer and wastewater technologies and solutions to supplement our leading clean water leak detection technologies and solutions; and (iii) cross-sales of our UK municipal solutions into the US. These initiatives will reinforce our growth trajectory.

Commenting on the Group's update, Executive Chairman, Dr. Patrick DeSouza remarked: "We are delivering on our objectives and we remain ambitious. While surpassing the sales milestone is important, we seek to finish the year strongly and to set even higher near-term targets than expected. We and our franchisees believe in the importance of our mission to provide technology solutions to water loss - a big issue facing the world. Our level of execution and strong market demand for water infrastructure services globally enable us to accelerate our next five-year growth plan. Given our existing sales footprint in the US, UK, Australia and Canada, we remain confident in our ability to leverage our brand."

[effortless cool] 01/11/2019 08:10

Header updated with new forecasts reflecting the predictably good, if not predictably timed, q3 update.

[shanklin] 28/10/2019 12:38

Or the placing price of 370p

[jaf111] 28/10/2019 10:57

Good to see the TS and share price moving up....but still disappointed / surprised that not challenging levels in July (350p+)....

A little more patience required!

[zipstuck] 28/10/2019 10:20

Q4 looks promising

[shanklin] 28/10/2019 08:36

LOL, well done EC.

[effortless cool] 28/10/2019 08:11

Okay, it definitely will be in October, then.

[silverfern] 28/10/2019 08:10

Hopefully these figures will now assure the market. And they did come out earlier than in previous years! so well done all who bought in the recent trough.

[effortless cool] 17/10/2019 10:25

You're quite right, silevrfern, maybe I'm being optimistic. However, the 2017 q3 update was on 2 November and the 2019 q2 update was on 7 August (equivalent to 7 November for q3).

They are frustratingly erratic with these timings, so we'll just have to wait and see. (It definitely won't be in October, however, contrary to the implication of my post 496).