Water Intelligence Share Discussion Threads

[bennywin] 22/5/2023 07:47

I can’t believe you don’t research your investments properly.

Here’s a helping hand.


www.wi.international/contact

[ariane] 21/5/2023 18:13

Good point Dozey

Its seems At present mainly USA

All i can say is

WATCH THIS SPACE

[dozey3] 21/5/2023 18:06

Have WATR any activities at all in the Uk? One would think there were huge opportunities with our outdated and decaying networks. I have read that 15% of water is lost to leakage in some regions. Is this not an opportunity for professional detection and remediation services?
Perhaps I have missed something.

[grupo guitarlumber] 21/5/2023 08:46

courtesy of

PENDRAGON2
20 May '23 - 22:43 - 15569 of 15577
0 0 0
The state of water in the UK seems appalling, particularly since privatisation, though that is now decades ago.

Did EU reguations have no effect in Britain? There has been a body of law with relation to water standards for many many years. Did the water companies fail to abide by them, or were the laws merely hot air?

There is a very good summary of the laws and their long history here:



"

EU water legislation is already well into its third generation. It initially arose between 1975 and 1986 with Directives on such diverse topics as surface waters, bathing waters, discharges of hazardous substances in surface waters and ground water, “fresh waters needed protection or improvement in order to support fish life” or the quality required of shellfish waters, not to mention the probably single most important one such piece of legislation, on the quality of water intended for human consumption.


During a second phase, from 1991, some of these initial Directives were revised, such as those pertaining to human consumption water and bathing waters, and others were adopted, dealing with urban waste water, nitrates, etc.

The legislation pertaining to water protection, thus a far from homogeneous ensemble which dates back to the 1970’s, was to a large extent upset by the introduction of Directive 2000/60/EC, in short sometimes designated as the “Water Framework Directive” or even the “WFD”.


The ambition underlying the WFD’s title suggests that, when discussing it, the legislature intended to induce some type of a renaissance of what it itself calls a “policy” even though it does not have the characteristics of an EU policy properly said since it strictly belongs to environmental policy.

Indeed, the WFD as well as other major EU legislation in the field of water was adopted on the basis of former Article 175(1) TEC, now Article 192(1) of the Treaty on the Functioning of the European Union (hereinafter - TFEU), and thus definitely imbedded in environmental policy.

Environmental policy is defined in Title XX of the TFEU (Articles 191-193 TFEU). The legal basis properly said is found in Article 192(1) and (2) TFEU and it aims at the achievement of the objectives which are listed in Article 191(1) TFEU. As a matter of fact, water is in one way or another relevant to all of the objectives of the environmental policy as defined in Article 191(1) TFEU.


The first objective, that of protection of the environment itself, can be described as “quasi-exhaustive” in as much as it provides for “preserving, protecting and improving the quality of the environment.”


Environmental policy, which also pursues an objective of “protecting human health”, to which water is essential, is thus ambivalent because it relies on an anthropocentric conception of the environment, and this even though the European Union also has a specific, albeit limited, competence in the area of public health (Article 168 TFEU).


The third objective of environmental policy, which consists in the “prudent and rational utilisation of natural resources”, obviously encompasses water resources as one of its main concerns. And even the fourth objective of environmental policy, which consists in “promoting measures at international level to deal with regional or worldwide environmental problems (...)”, has strong connections with the EU’s waters, some of which belong to rivers which travel through the territories of several Member States and others to seas the subject-matter of regional treaties."

[waldron] 17/5/2023 10:55

epo4eva
17 May '23 - 10:43 - 936 of 936
0 1 0
One of our UK customers found this. Thames Water to spend extra £700m on cutting leaks.




hames Water to spend extra £700m on cutting leaks
Aaron Morby 5 days ago

Thames Water has been given the all-clear to transform London’s network of Victorian water pipes.

Industry regulator Ofwat has backed Thames releasing an extra £700m to tackle water leakage in the Capital with 112km pipeline replacement programme.

At Price Review 19, the regulator conditionally granted Thames £300m to enhance the performance of its London water network subject to first meeting some set targets.

Thames Water has since met the agreed requirements and committed a significant shareholder investment of £400m in water supply.

The £300m will now be pumped into future-proofing London’s pipework, helping to reduce leaks and protect our water supply.

Firms expected to benefit from the raised spend include: Murphy, Barhale, Morrison Utility Service, Galliford Try.

In line with Ofwat’s approval, Thames Water has now agreed to:

1. Reduce the number of leaks across London by 2030 – saving 27.8 megalitres per day and reducing the number of mains repairs by 208 times per year

2. Delivering the Future London Strategy – including ambitious plans to reduce leakage by 50%

3. Assessing pipework across the city to see if it’s fit for the future

Nevil Muncaster, London Operations Director at Thames Water, said: “Fixing the basics is a key part of our ambitious turnaround plan.

“We are always closely assessing our infrastructure and are pleased that Ofwat backed our business case to replace 112km of our leakiest water mains pipes across London.

“We believe in making every drop count and once complete this ambitious project with help us to save 27.8 megalitres of water every single day- that’s equivalent to 11 Olympic-sized swimming pools.

“Our shareholders have also provided a substantial £400m investment to ensure we can improve our operations and outcomes for customers, whilst increasing our resilience.”

[epo4eva] 17/5/2023 10:43

One of our UK customers found this. Thames Water to spend extra £700m on cutting leaks.

hxxps://www.constructionenquirer.com/2023/05/12/thames-water-to-spend-extra-700m-on-cutting-leaks

[the grumpy old men] 10/5/2023 14:59

Water Intelligence profit climbs in first quarter despite inflation

Wed, 10th May 2023 14:34
Alliance News

(Alliance News) - Water Intelligence PLC on Wednesday reported growth in profit and revenue in the first quarter of 2023, citing its business model performing well in an environment of high inflation and rising interest rates.

The London-based leak detection services company said revenue in the first quarter rose 18% to USD19.4 million from USD16.5 million a year ago. Pretax profit jumped 28% to USD1.8 million from USD1.4 million, boosted by franchise-related activities, which rose by 22% to USD3.2 million from USD2.6 million.

Meanwhile, revenue from US Corporate locations climbed 18% to USD12.3 million from USD10.5 million, while revenue from International Corporate locations were up 26% to USD2 million from USD1.6 million.

The company cited a "resilient business model and compelling customer value proposition" performing against a market backdrop of high inflation and rising interest rates.

Executive Chair Patrick DeSouza says that for the second half of 2023 and for 2024, the company's focus is "on delivering the benefits of investments made in prior years to reinforce our long-run growth trajectory by: commercialising new technology solutions for our customers; hiring and training more technicians to meet market demand; and completing implementation of the leading customer relationship management system to automate operations, support scaleability and enhance data security."

Water Intelligence shares were 4.8% higher at 440.00 pence each in London on Wednesday afternoon.

By Tom Budszus, Alliance News reporter

Comments and questions to [e-mail]

[expletive deleted] 10/5/2023 07:47

After stuttering over the last two periods, this update suggests that WATR are right back on track in 2023. Q1 revenue was ahead of my expectations in every segment and profits and earnings are kicking on again.Very pleased.

[this_is_me] 10/5/2023 07:46

Still a well managed, profitable, growth company with plenty of scope for further growth.

It is not yet time to add to my very small holding.

[ariane] 10/5/2023 07:44

10 May 2023

Water Intelligence plc

Q1 Trading Update: Strong Growth Across Operating and Financial Measures

Water Intelligence plc (AIM: WATR.L) (the "Group" or "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 provide its unaudited Q1 Trading Update for the quarter ended 31 March 2023.

Overview of Growth Strategy

-- Market demand for precision water and wastewater infrastructure solutions continues to grow with the Group's strategic plan centred on capturing a greater share of this increased market demand by driving sales through Corporate, Franchise and Business-to-Business Channels (Key Performance Indicators or "KPIs")

-- The Group continues its implementation of Salesforce.com for its scheduling, delivery and payments system in the U.S. to achieve operating scaleability and efficiencies across corporate and franchise locations

-- The Group continues to selectively reacquire franchises in strategic locations to unlock additional shareholder value from its core American Leak Detection brand ("ALD"), which represents over $100 million in annual franchise gross sales

Operating Performance

-- Water Intelligence achieved a strong revenue and profit performance during the quarter

o The Group delivered growth for each KPI driver: Corporate (US and International), Franchise and Business-to-Business sales

-- Network Sales (corporate direct sales and franchise gross sales from which royalty income is derived) for the quarter grew 10% to $45.5 million (Q1 2022: $41.4 million)

-- The Group executed a strategic franchise reacquisition in Nashville, Tennessee adding operational scale in the Midwest of the United States

-- The balance sheet position remains robust, positioning the Group strongly to continue to execute on its growth plans

Financial Highlights / KPIs

-- Revenue increased by 18% to $19.4 million (Q1 2022: $16.5 million)

o Franchise royalty grew by 5% to $1.9 million (Q1 2022: $1.8 million)

o Franchise related activities (franchise sales, equipment sales, business-to-business channels) increased by 22% to $3.2 million (Q1 2022: $2.6 million)

-- Insurance business-to-business channel grew by 23% to $3.1 million (Q1 2022: $2.5 million)

o US Corporate locations increased by 18% to $12.3 million (Q1 2022: $10.5 million)

o International Corporate locations rose by 26% to $2 million (Q1 2022: $1.6 million)

-- Profit Before Tax (Statutory) grew by 28% to $1.8 million (Q1 2022: $1.4 million)

-- Profit Before Tax Adjusted (before non-cash expenses of amortization and share-based payments; and non-core costs) increased by 12% to $2.3 million (Q1 2022: $2.1 million)

-- EBITDA (Statutory) rose by 23% to $3.2 million (Q1 2022: $2.6 million)

-- EBITDA Adjusted (before non-cash share-based payments; and non-core costs) rose by 11% to $3.5 million (Q1 2022: $3.1 million)

-- Balance sheet strength at 31 March 2023

o Cash at $19.4 million

o Bank Debt and Deferred Acquisition Payments at $29.3 million with payments spread through 2027 at a fixed interest rate of approximately 5%

Commenting on the Group's performance, Executive Chairman, Dr. Patrick DeSouza remarked:

" We are pleased with how we have started in 2023. Our resilient business model and compelling customer value proposition enabled us to deliver a strong performance in Q1, against a difficult market backdrop of high inflation and rising interest rates. We have a high-quality management team and market demand remains strong for our minimally-invasive solutions for aging water and wastewater infrastructure. We remain confident in our long-term growth prospects and our ability to continue delivering value for our stakeholders.

For 2H 2023 and 2024, we are focused on delivering the benefits of investments made in prior years to reinforce our long-run growth trajectory by: commercialising new technology solutions for our customers; hiring and training more technicians to meet market demand; and completing implementation of the leading customer relationship management system to automate operations, support scaleability and enhance data security.

In delivering on our growth plan, we appreciate the on-going support of our shareholders."

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

[scepticalinvestor] 10/5/2023 07:42

Pe in the 20s. Will wait until it gets to the 2s

[pugugly] 10/5/2023 07:18

Dull as ditch-water: Trying hard but (imo) not there yet.

[scepticalinvestor] 10/5/2023 07:13

Back to the 3s

[grupo guitarlumber] 23/4/2023 10:40

even if previously posted, thanks PUG

Have a great day and a successful trading week





Support still set at 415p it seems

[pugugly] 23/4/2023 10:08

2 links = May already have been posted. If not well worth a read.

UN warns against 'vampiric' global water use


Flagship UN report extolls win-win water partnerships to avert global crisis

[dudishes] 19/4/2023 17:39

Up the creak here and cannot find the paddle!

[the grumpy old men] 17/4/2023 04:56

Risk of further slips towards 415p this week until water flows back into favour

Perhaps May results will be a positive turning point unless profits watered down

Could do with more analysts covering company giving realistic share price targets

good luck all

[waldron] 11/4/2023 05:44

Understanding water risk essential for almost all businesses: AXA XL

11th April 2023 - Author: Kane Wells

In a recent report outlining how firms can manage key water-related threats, researchers at AXA XL suggested that understanding water risks is essential for almost all businesses, regardless of the sector.

Citing the international non-profit CDP, AXA XL states that the cost to businesses of inaction on water risks is 5x higher than the cost of action, yet still, water security remains under-represented in the public debate on climate change.

Suzanne Scatliffe, Global Sustainability Director, AXA XL, said, “Creating a water-secure world requires water resources to be protected and properly managed, which is why it’s more essential than ever that water is at the forefront of corporate climate strategies.”

AXA XL’s report focuses on a range of high-risk sectors within its client base and presents how those sectors may be impacted by three types of water risks.

The first of these the firm highlights are physical risks, such as water scarcity, climate change and threats, poor water quality and pollution of water resources, flooding, and poor management of water resources.


Regulatory risks are the second example and include higher water prices, regulation of effluent quantity and quality, statutory water withdrawal limits, and regulatory uncertainty.

The last type is reputational risk, which encompasses negative media coverage and public scrutiny, changes in consumer loyalty and loss of market share due to litigation and damage to brand.

AXA XL states that using water footprinting and accounting can help organisations see hidden water consumption and assist in managing the impact on water resources.

Further, to build a strong case for investing in water-saving technologies and strategies, the researchers note that companies need to accurately evaluate the full costs of water.

This includes reflecting the true costs of consumption, treatment, abstraction, and supply.

AXA XL explains that there is already significant reporting of water-related risks, though more can be done.

The firm suggests that it is vital that companies consistently monitor progress and communicate risks.

It writes, “Companies can manage business risks by developing a future scenario analysis to consider the impact water risks could have on environmental and socioeconomic changes.

“Businesses can learn from water stewardship procedures by utilising available data and developing best practices.

“AXA XL is committed to helping organisations to improve their understanding of water-related risks and how they impact business operations. This new report aims to support businesses of all sizes to understand different types of sector-specific water risks and catalyse action with a series of recommended solutions and tools.”

[systemsthinker] 10/4/2023 15:32

Smithie6:
My point wasn't philanthropic. When I say I want the WATR board to get some evangelistic enthusiasm, I mean I want them to sound like they believe in their own self stated mission, which is:

"...a leading multinational water infrastructure solutions company whose mission is to safeguard the world’s most precious resource."

It's not enough just to have a glib line like this on a website. Overall, I've heard shoe salesmen with more ambition and sense of purpose.

It's not about how much water there is, it's about where it is, the costs of accessing it, processing it, preserving it and disposing of it. Water is not cheap. Also, 'rubbish about saving the planet' such as unnecessary wastefulness, DOES these days resonate with paying consumers and governments, so can't be ignored.

Potable or non-potable are part of the same System, it's a cycle of Input->Transform->Output, which is a reason why potable and non-potable are not separate subjects. Utility companies deal with both, for a reason, it's pretty standard.

Admittedly, Water Intelligence are at the 'cleaner' end of 'the worlds most precious resource', but it seems if they had real ambition to be a "...company that is transforming aging water infrastructure" they'd be shouting a lot harder about it. It's a service that's badly needed by end customers and utility companies. The utilities are also getting government pressure to get their act together (at last).

Anyway, the consensus on here seems to be hold and, frustratingly, I agree. With a bit more ambition and energy from WATR, I'd personally BUY.

[pugugly] 10/4/2023 10:57

A lot of investment managers apparently (subject to when they initially bought) well under water. Valuation still looks too high - Reading this as a utility company using software in its business so should be rated as a support services/utility co rather than IT (imo)

Waldron: Agreed with your wait and see policy.

[waldron] 10/4/2023 09:18

Shareholders

Name Equities %

Patrick Jude DeSouza 5,026,174 29.0%

Plain Sight Systems, Inc. 2,430,000 14.0%

Canaccord Genuity Wealth Ltd. 2,134,432 12.3%

Joh. Berenberg, Gossler & Co. KG (Investment Management) 1,216,691 7.01%

Amati Global Investors Ltd. 814,660 4.69%

Amati Global Investors Ltd. (Venture Capital) 801,311 4.62%

Terry Tyrell 703,915 4.06%



EDIT NOT MUCH OF A FREE FLOAT IT SEEMS

George Yancopoulos 656,166 3.78%

Herald Investment Management Ltd. 642,000 3.70%

Harwood Capital LLP 604,500 3.48%

[waldron] 10/4/2023 09:11

Certainly a wait and see situation


Calendar

May/17 Earnings Release


FWIW Best to await earnings release, a HOLD in my view

Niether a Buy or Sell at this juncture

What with 1 analyst abstaining from a view, the other 2 if truth be known do not know what to expect

Have a great day

chuckle and cheers

[waldron] 10/4/2023 09:05

Apparently a strong support at 415p