WATR

Water Intelligence Plc

422.50
-22.50 (-5.06%)
Share Name Share Symbol Market Type Share ISIN Share Description
Water Intelligence Plc LSE:WATR London Ordinary Share GB00BZ973D04 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -22.50 -5.06% 422.50 28,051 14:22:47
Bid Price Offer Price High Price Low Price Open Price
415.00 430.00 445.00 422.50 445.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Cmp Processing,data Prep Svc 54.54 5.77 33.10 - 90.92
Last Trade Time Trade Type Trade Size Trade Price Currency
15:35:21 O 7,328 417.7293 GBX

Water Intelligence (WATR) Latest News

Water Intelligence (WATR) Discussions and Chat

Water Intelligence Forums and Chat

Date Time Title Posts
22/5/202309:27Water Intelligence - The Long Story950
09/4/202315:43Water Intelligence PLC - Qualitative Judgement!1
02/10/202115:15Water intelligence (post QTI)168

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Water Intelligence (WATR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-05-31 14:35:57417.737,32830,611.20O
2023-05-31 14:35:21417.00211879.87O
2023-05-31 13:58:19424.00140593.60O
2023-05-31 13:30:21422.002,0008,440.00O
2023-05-31 13:22:44430.00100430.00O

Water Intelligence (WATR) Top Chat Posts

Top Posts
Posted at 22/5/2023 08:37 by bennywin
Dozey321 May '23 - 18:06 - 939 of 944
0 2 0
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 One would think there were huge opportunities with our outdated and decaying networks.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

Posted at 21/5/2023 18:06 by dozey3
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 One would think there were huge opportunities with our outdated and decaying networks.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.

Posted at 17/5/2023 10:55 by waldron
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.

Https://www.constructionenquirer.com/2023/05/12/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.”

Posted at 10/5/2023 07:47 by expletive deleted
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.
Posted at 10/5/2023 07:44 by ariane
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.

Posted at 10/4/2023 15:32 by systemsthinker
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.

Posted at 28/3/2023 16:32 by walterbadger
The steep and long fall in the share price is surely overdone and not justified. There must come a time soon when the downward trend will be reversed.
Posted at 17/2/2023 14:41 by scepticalinvestor
FWIW:Water Intelligence grows revenues through drought, flood and freezesBy James Coffey10th February 2023Related Topics: AIM stocks, Water Intelligence [LON:WATR], The industrials sector*Water Intelligence [LON:WATR] is a little known, but high quality business trading under the banner of American Leak Detection (ALD) in the US. Listed on the UK's AIM market, this small cap is the leading North American provider of minimally-invasive leak detection solutions, allowing for non-destructive remediation of residential and commercial water faults. Earlier this week (7th February), Water Intelligence provided an encouraging trading update for results in 2022. We take a closer look below.Whether the economic environment is good or bad, property owners will seek to fix a destructive leak quickly, and for the most part be insensitive to prices, given the emergency nature of Water Intelligence's call outs. With revenues of USD71.3m, up by 31% last year, 2022 has proved no exception to this rule for the company, as a tailwind of strong demand for its services, combined with some bolt-on acquisitions during the year supported strong total growth for the business. In terms of profitability, the group delivered 20% growth in adjusted EBITDA to USD12.3m and adjusted profit before tax grew 12% to USD7.8m.Franchise operationsAmerican Leak Detection, the group's core business, operates predominantly as a franchise business across North America, however Water Intelligence owns a select number of ALD operations that contribute to the group P&L.This centrally-owned revenue stream has been a large focus for the company in recent years as the priority has shifted to re-acquiring attractive ALD franchises, and rolling them into the core group. Accounting for over 60% of group revenue, Water Intelligence's owned ALD operations grew revenues by 48% in 2022, or by 25% on a same provider basis – two acquisitions accounted for a significant portion of growth in the segment.Looking at the overall network sales, which records sales for both Water Intelligence's operations and ALD franchisees, this revenue figure was up by 10.5% to USD168m from USD152m the year prior. Whilst this level of growth will keep franchisees on-board, it is also positive to see the outperformance of the centrally owned operations with ongoing growth rates of 25%.International progressThe group currently has a multinational presence through its UK-based Water Intelligence International (WII) subsidiary, to which the group is in the early stages of expanding. WII focuses largely on public sector solutions whilst also maintaining residential and commercial offerings.In 2021, WII expanded its addressable market by re-acquiring franchisee operations in Australia and in Canada. In 2022, revenues from the company's international arm grew a modest 9% to USD6.7m.Patrick DeSouza, the company's executive chairman said in a statement: "As we head into 2023, we are positioned to better meet growing market demand with scalable operations and an ability to provide our customers with added solutions for their water and wastewater problems. With increasingly adverse climate conditions – whether droughts, freezes or flooding – our customers need us more than ever."Long-term strategy2022 has provided another strong result for the company, alongside more than a decade run of compelling performance, driving shareholder returns to date to over 700% since listing in 2010.The company is clearly exposed to significant long term tailwinds with water scarcity and environmental factors at play, but also has a very ALD franchises. Given the company already has a high degree of visibility into franchisee operations, such bolt-ons make a great, low-risk fit for the parent group.During the full year update, the company showed this strategy is still on full display, as they announced the re-acquiring of the Nashville, Tennessee franchise. The acquisition cost the company USD3.25m compared to USD2.4m in Nashville revenue and USD550,000 in profit before tax, valuing the bolt-on at roughly 6x PBT. Considering the parent company is currently valued at a multiple of 14x PBT, one can see how these bolt-ons are highly likely to create shareholder value.Not only are these bolt-ons very good value, but there is also a significant runway ahead for the company in terms of re-acquiring such opportunities, as the graph below will show that currently only less than 30% of ALD total network revenues are attributable to the parent company. Also of note, total network sales have also grown by 68% from 2018, as the parent company has added franchise territories, recruited technicians and expanded the sales force. This shows Water Intelligence has not only taken a larger share of the market, it has done well to expand it too.Source: Company Annual ReportsDeSouza said: "....by selectively converting ALD franchises to corporate-operated locations. Such re-acquisitions of franchisee operations enable some amount of the approximately USD100m in highly profitable franchisee sales to end-users, currently recorded as royalty income, to be converted to the group's direct P&L"SustainableWater Intelligence delivered another set of strong results in 2022, underpinned by strong demand from customers and through thoughtful M&A of its existing franchisee operations. With a market capitalisation of just over GBP100m, the business isn't well known to UK investors, however, with a strong track record of growth, a balance sheet with net cash and a founding shareholder owning 29% of the equity, it should certainly be on the watchlist of those looking for quality growth companies.The shares are now down 55% from heights seen in 2022, which has brought the valuation of this small business back to reality. At approximately 24x forecast earnings in 2023, the shares are worth buying. The company opened trading on 9th February at 580p, and has offered a year-to-date return of -11.1%, a one-year return of -38.8% with its shares ranging between 550p to 960p over a 52-week period.Like this article? Sign up for a free email subscription to our regular newsletter.Your email addressJOINThis article does not constitute investment advice. Do your own research or consult a professional advisor.
Posted at 16/2/2023 10:46 by alotto
Sceptical, do you think you have any influence on the share price by de-ramping with your nonsense statements?
That's sad, if you want to short this stock do it and hope for the best.

Posted at 17/11/2022 14:49 by kalai1
Water Intelligence Plc issued a Q3 trading update for the nine months ended 30 September 2022 this morning. Revenue increased by 38% to $54.9 million, already above FY22 as a whole, EBITDA increased by 13% to $9.7 million and adjusted Profit Before Tax increased by 7% to $7.0 million. The balance sheet remains strong with cash at $20.1 million and cash net of bank debt at $4.5 million. The business is still growing robustly and profitably although margins are coming under some pressure. Valuation remains something of a headwind with forward PE ratio at 22.9x in the bottom quartile for the Machinery, Equipment & Components sector. The share price also remains in a 14-month correction and lacks positive momentum accordingly. WATR is a share to monitor for now...

...from WealthOracle

hxxps://wealthoracle.co.uk/detailed-result-full/WATR/622

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