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BQE Water Inc., a water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, ammonia, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids. The company's metal recovery and removal technologies include BioSulphide and ChemSulphide technologies, which use biological or chemical sources of sulphide to remove dissolved metals from mining wastewater; and Met-IX technology that treats wastewater. It also offers sulphate technologies, such as Sulf-IX and Sulf-IXC, which removes sulphate and hardness from process water, as well as onsite field testing to remove sulphate from wastewater; selenium removal technology, including Selen-IX that removes selenium from mining wastewater, as well as on-site field testing to demonstrate selenium removal from mine impacted waters; and cyanide treatment technologies, such as SART to remove the metallurgical interference of cyanide-soluble metals and to recover and recycle cyanide in the gold processing. The company was formerly known as BioteQ Environmental Technologies Inc. and changed its name to BQE Water Inc. in March 2017. BQE Water Inc. was founded in 1997 and is headquartered in Vancouver, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
BQE Water Inc. is a Canada-listed company that appears focused on developing and commercializing water-treatment technologies. Long-term growth drivers may include regulatory pressure on wastewater management, increasing industrial demand for reuse and treatment solutions, and successful commercialization or licensing of its technology. Public disclosures and detailed operational information are limited, so investors should rely on company filings for updated progress on commercialization.
Principal risks are early-stage commercialization with uncertain revenue, limited public information and execution and financing risk that could lead to dilution, plus regulatory and market-adoption uncertainty.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | 3.53M | 2.84M | 1.47M | 2.76M | 1.27M |
| Net income | 4.80M | 2.65M | 1.16M | 2.63M | 1.17M |
| Selling general administrative | 7.32M | 5.85M | 4.90M | 3.50M | 2.98M |
| Gross profit | 8.41M | 9.06M | 19.26M | 3.56M | 3.27M |
| Reconciled depreciation | 0.44M | 0.43M | 0.26M | 0.17M | 0.15M |
| Ebit | - | 3.20M | - | -0.10M | 0.14M |
| Ebitda | - | 3.63M | 1.76M | 2.96M | 1.44M |
| Depreciation and amortization | - | 0.43M | - | - | - |
| Operating income | 0.65M | 3.20M | 14.10M | -0.10M | 0.14M |
| Interest expense | 0.22M | 0.15M | 0.03M | 0.03M | 0.02M |
| Tax provision | -1.28M | 0.19M | 0.31M | 0.13M | 0.10M |
| Interest income | 0.33M | 0.36M | 0.05M | 0.01M | 0.00M |
| Net interest income | 0.10M | 0.20M | 0.03M | -0.02M | -0.02M |
| Income tax expense | - | 0.19M | - | 0.13M | 0.10M |
| Total revenue | 17.18M | 18.14M | 12.16M | 7.51M | 7.70M |
| Total operating expenses | 16.53M | 14.93M | -1.94M | 7.62M | 7.56M |
| Cost of revenue | 8.77M | 9.07M | -7.11M | 3.95M | 4.43M |
| Total other income expense net | 2.77M | -0.14M | 1.56M | 2.89M | 1.15M |
| Net income from continuing ops | 4.80M | 2.65M | 1.16M | 2.63M | 1.17M |
| Net income applicable to common shares | - | 2.65M | 1.16M | 2.63M | 1.17M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 27.09M | 18.86M | 15.99M | 13.80M | 10.46M |
| Intangible assets | 0.15M | 0.23M | 0.31M | 0.40M | - |
| Other current assets | - | - | - | 0.08M | - |
| Total liab | 6.56M | 4.08M | 3.35M | 2.49M | 2.38M |
| Total stockholder equity | 20.53M | 14.78M | 12.64M | 11.31M | 8.09M |
| Other current liab | - | - | 0.14M | 0.11M | 0.11M |
| Common stock | - | - | 56.65M | 56.57M | 56.39M |
| Capital stock | 56.81M | 56.30M | 56.65M | 56.57M | 56.39M |
| Retained earnings | -49.06M | -53.86M | -56.52M | -57.68M | -60.31M |
| Other liab | - | - | - | 0.42M | 0.28M |
| Other assets | - | - | - | 0.02M | 0.02M |
| Cash | 11.77M | 7.93M | 6.23M | 3.94M | 3.24M |
| Total current liabilities | 4.72M | 2.18M | 2.79M | 1.71M | 1.55M |
| Short long term debt | 0.08M | 0.08M | 0.08M | 0.08M | 0.06M |
| Other stockholder equity | - | - | - | 1.75M | 1.45M |
| Property plant equipment | - | - | - | 0.26M | 0.32M |
| Total current assets | 17.32M | 12.71M | 9.96M | 6.27M | 5.10M |
| Long term investments | 6.05M | 4.05M | 5.30M | 6.86M | 5.02M |
| Net tangible assets | - | - | 12.32M | 10.91M | 8.09M |
| Net receivables | 2.76M | 3.78M | 2.47M | 2.01M | 1.69M |
| Long term debt | 0.25M | 0.23M | 0.19M | 0.27M | 0.35M |
| Inventory | - | -0.00M | - | - | - |
| Accounts payable | 1.02M | 0.66M | 0.65M | 0.59M | 0.43M |
| Non current assets total | 9.78M | 6.15M | 6.03M | 7.53M | 5.37M |
| Capital lease obligations | 1.61M | 1.61M | 0.28M | 0.21M | 0.28M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | 0.47M | 1.31M | 2.77M | 0.99M | 0.97M |
| Change to liabilities | - | - | 0.00M | -0.04M | 0.03M |
| Total cashflows from investing activities | - | - | 2.77M | 0.99M | 0.96M |
| Net borrowings | -0.09M | -0.07M | - | -0.17M | 0.06M |
| Total cash from financing activities | 0.31M | -0.45M | -0.19M | -0.01M | 0.08M |
| Change to operating activities | - | - | - | -0.22M | -0.03M |
| Net income | 4.80M | 2.65M | 1.16M | 2.63M | 1.17M |
| Change in cash | 3.84M | 1.69M | 2.29M | 0.70M | 1.18M |
| Begin period cash flow | 7.93M | 6.23M | 3.94M | 3.24M | 2.06M |
| End period cash flow | 11.77M | 7.93M | 6.23M | 3.94M | 3.24M |
| Total cash from operating activities | 2.96M | 0.87M | -0.36M | -0.25M | 0.15M |
| Depreciation | 0.44M | 0.43M | 0.26M | 0.17M | 0.15M |
| Other cashflows from investing activities | - | - | 0.05M | 1.18M | 0.98M |
| Dividends paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change to account receivables | - | - | - | -0.24M | -0.44M |
| Sale purchase of stock | 0.00M | -0.38M | - | - | - |
| Other cashflows from financing activities | - | - | - | -0.03M | -0.02M |
| Change to netincome | - | - | - | -2.54M | -0.73M |
| Capital expenditures | 0.58M | 0.18M | 0.18M | 0.04M | 0.02M |
| Change in working capital | 0.84M | -2.52M | -0.90M | -0.51M | -0.44M |
| Stock based compensation | 1.02M | 0.47M | 0.67M | 0.30M | 0.39M |
| Other non cash items | -0.20M | -0.20M | -0.03M | 0.02M | 0.02M |
| Free cash flow | 2.38M | 0.69M | -0.55M | -0.44M | 0.13M |
Sector: Industrials Industry: Waste Management
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| BQE BQE Water Inc |
1.00 1.45% |
70.00 | 12.65 | 84.03 | 2.90 | 3.49 | 2.42 | 8.47 |
| BLM BluMetric Environmental Inc |
-0.01 1.22% |
0.81 | - | - | 0.74 | 1.52 | 0.81 | 66.06 |
| GIP Green Impact Partners Inc |
- -% |
2.30 | - | 26.25 | 0.42 | 0.67 | 0.66 | 227.29 |
| VCI Vitreous Glass Inc |
- -% |
6.89 | 11.72 | - | 2.83 | 8.52 | 2.64 | 8.47 |
| YES CHAR Technologies Ltd |
0.01 2.63% |
0.20 | - | 15.50 | 17.58 | 8.60 | 17.60 | 40.53 |
BQE Water Inc., a water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, ammonia, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids. The company's metal recovery and removal technologies include BioSulphide and ChemSulphide technologies, which use biological or chemical sources of sulphide to remove dissolved metals from mining wastewater; and Met-IX technology that treats wastewater. It also offers sulphate technologies, such as Sulf-IX and Sulf-IXC, which removes sulphate and hardness from process water, as well as onsite field testing to remove sulphate from wastewater; selenium removal technology, including Selen-IX that removes selenium from mining wastewater, as well as on-site field testing to demonstrate selenium removal from mine impacted waters; and cyanide treatment technologies, such as SART to remove the metallurgical interference of cyanide-soluble metals and to recover and recycle cyanide in the gold processing. The company was formerly known as BioteQ Environmental Technologies Inc. and changed its name to BQE Water Inc. in March 2017. BQE Water Inc. was founded in 1997 and is headquartered in Vancouver, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Peter Gleeson | Exec. Chairman | NA |
| Dr. David Kratochvil P.Eng, P.Eng., Ph.D. | Pres, CEO & Director | NA |
| Mr. Heman Wong CPA, CGA | CFO & Corp. Sec. | NA |
| Mr. Daniel Cook | Director of Operations & Commissioning | NA |
| Mr. Peter Gleeson | Executive Chairman | NA |
| Dr. David Kratochvil P.Eng, P.Eng., Ph.D. | President, CEO & Director | NA |
| Mr. Heman Wong CPA, CGA | CFO & Corporate Secretary | NA |
| Mr. Sam Leung | Chief Operating Officer | NA |
| Dr. David Kratochvil P.Eng., Ph.D. | President, CEO & Director | NA |
| Mr. HC Liang | Vice President of Technology & Solutions | NA |
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