NASDAQ : WATR
Air Water Ventures Limited — Financial statements
United States
Last price 1.36 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 43.03M
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Financial statements
Air Water Ventures Limited (WATR) reported revenue of 1.37M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Revenue | 1.37M | 1.37M | 518.70K |
| Cost of Revenue | 4.71M | 4.71M | 1.14M |
| Gross Profit | -3.34M | -3.34M | -618.38K |
| Selling, General & Admin | 12.24M | 12.24M | 10.31M |
| Operating Expenses | 12.24M | 12.24M | 10.31M |
| Operating Income | -15.58M | -15.58M | -10.92M |
| Interest Expense | -4.86M | -4.86M | -227.30K |
| Interest & Investment Income | 75.21K | 75.21K | 214.16K |
| Currency Exchange Gain (Loss) | -49.28K | -49.28K | -33.34K |
| Other Non Operating Income (Expenses) | 1.77K | 1.77K | |
| EBT Excluding Unusual Items | -20.42M | -20.42M | -10.97M |
| Merger & Restructuring Charges | -6.80M | -6.80M | |
| Asset Writedown | -403.67K | -403.67K | -367.00 |
| Other Unusual Items | 77.45K | 77.45K | |
| Pretax Income | -27.54M | -27.54M | -10.97M |
| Net Income | -27.54M | -27.54M | -10.97M |
| Net Income to Common | -27.54M | -27.54M | -10.97M |
| Shares Outstanding (Basic) | 32.05K | 32.05K | 20.07K |
| Shares Outstanding (Diluted) | 32.05K | 32.05K | 20.07K |
| EPS (Basic) | -859.43 | -859.43 | -546.66 |
| EPS (Diluted) | -859.43 | -859.43 | -546.66 |
| Free Cash Flow | -18.55M | -18.55M | -16.00M |
| Free Cash Flow Per Share | -578.86 | -578.86 | -797.19 |
| Gross Margin | -244.12% | -244.12% | -119.22% |
| Operating Margin | -1,139.47% | -1,139.47% | -2,105.97% |
| Profit Margin | -2,014.41% | -2,014.41% | -2,115.01% |
| Free Cash Flow Margin | -1,356.79% | -1,356.79% | -3,084.26% |
| EBITDA | -14.29M | -14.29M | -10.78M |
| D&A For EBITDA | 1.29M | 1.29M | 142.88K |
| EBIT | -15.58M | -15.58M | -10.92M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Cash & Equivalents | 16.62M | 16.62M | 77.70K |
| Short-Term Investments | 1.94M | 1.94M | 322.95K |
| Cash & Short-Term Investments | 18.55M | 18.55M | 400.65K |
| Accounts Receivable | 182.70K | 182.70K | 146.82K |
| Other Receivables | 220.16K | 220.16K | 154.70K |
| Receivables | 402.86K | 402.86K | 301.51K |
| Inventory | 3.10M | 3.10M | 4.68M |
| Prepaid Expenses | 1.55M | 1.55M | 33.94K |
| Other Current Assets | 483.60K | 483.60K | 93.69K |
| Total Current Assets | 24.09M | 24.09M | 5.51M |
| Property, Plant & Equipment | 6.88M | 6.88M | 8.38M |
| Other Intangible Assets | 574.67K | 574.67K | 424.69K |
| Long-Term Deferred Charges | 1.05K | 1.05K | 3.50K |
| Total Assets | 31.54M | 31.54M | 14.32M |
| Accounts Payable | 8.23M | 8.23M | 3.74M |
| Accrued Expenses | 946.51K | 946.51K | 831.08K |
| Short-Term Debt | 5.62M | 5.62M | 11.47M |
| Current Portion of Leases | 976.03K | 976.03K | 922.07K |
| Current Unearned Revenue | 28.16K | 28.16K | 43.42K |
| Other Current Liabilities | 425.18K | 425.18K | 7.39K |
| Total Current Liabilities | 16.22M | 16.22M | 17.01M |
| Long-Term Debt | 29.37M | 29.37M | |
| Long-Term Leases | 2.68M | 2.68M | 4.41M |
| Pension & Post-Retirement Benefits | 484.12K | 484.12K | 397.61K |
| Other Long-Term Liabilities | 5.94M | 5.94M | |
| Total Liabilities | 54.69M | 54.69M | 21.82M |
| Common Stock | 529.00 | 529.00 | 281.00 |
| Additional Paid-In Capital | 17.33M | 17.33M | 1.61M |
| Retained Earnings | -40.48M | -40.48M | -9.11M |
| Shareholders' Equity | -23.15M | -23.15M | -7.50M |
| Total Liabilities & Equity | 31.54M | 31.54M | 14.32M |
| Total Debt | 38.64M | 38.64M | 16.80M |
| Net Cash (Debt) | -20.09M | -20.09M | -16.40M |
| Net Cash Per Share | -626.79 | -626.79 | -817.19 |
| Filing Date Shares Outstanding | 32.05K | 32.05K | 20.07K |
| Total Common Shares Outstanding | 32.05K | 32.05K | 20.07K |
| Working Capital | 7.87M | 7.87M | -11.50M |
| Book Value Per Share | -722.25 | -722.25 | -373.72 |
| Tangible Book Value | -23.72M | -23.72M | -7.92M |
| Tangible Book Value Per Share | -740.18 | -740.18 | -394.88 |
| Buildings | 1.08M | 1.08M | 133.31K |
| Machinery | 161.15K | 161.15K | 127.63K |
| Construction In Progress | 3.66K | 3.66K | 2.52M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Net Income | -27.54M | -27.54M | -10.97M |
| Depreciation & Amortization | 2.43M | 2.43M | 538.70K |
| Other Amortization | 28.58K | 28.58K | 25.89K |
| Asset Writedown & Restructuring Costs | 367.00 | ||
| Loss (Gain) From Sale of Investments | 403.67K | 403.67K | |
| Provision & Write-off of Bad Debts | 15.43K | ||
| Other Operating Activities | 5.75M | 5.75M | 1.28M |
| Change in Accounts Receivable | -122.51K | -122.51K | -94.53K |
| Change in Inventory | -536.38K | -536.38K | -4.26M |
| Change in Accounts Payable | 5.00M | 5.00M | 657.69K |
| Change in Other Net Operating Assets | -3.52M | -3.52M | -270.27K |
| Operating Cash Flow | -18.10M | -18.10M | -13.07M |
| Capital Expenditures | -446.39K | -446.39K | -2.92M |
| Sale (Purchase) of Intangibles | -311.82K | -311.82K | -387.60K |
| Investing Cash Flow | -758.21K | -758.21K | -3.31M |
| Short-Term Debt Issued | 9.07M | 9.07M | 11.38M |
| Total Debt Issued | 9.07M | 9.07M | 11.38M |
| Long-Term Debt Repaid | -1.14M | -1.14M | -544.39K |
| Lease Payments | -1.14M | -1.14M | -544.39K |
| Net Debt Issued (Repaid) | 7.93M | 7.93M | 10.84M |
| Issuance of Common Stock | 15.27M | ||
| Repurchase of Common Stock | -3.83M | -3.83M | -9.95M |
| Other Financing Activities | -504.48K | -504.48K | |
| Financing Cash Flow | 35.40M | 35.40M | 16.15M |
| Net Cash Flow | 16.54M | 16.54M | -232.94K |
| Free Cash Flow | -18.55M | -18.55M | -16.00M |
| Free Cash Flow Margin | -1,356.79% | -1,356.79% | -3,084.26% |
| Free Cash Flow Per Share | -578.86 | -578.86 | -797.19 |
| Levered Free Cash Flow | -6.50M | -6.50M | |
| Unlevered Free Cash Flow | -3.45M | -3.45M | |
| Free Cash Flow After Leases | -19.70M | -19.70M | -16.54M |
| Change in Working Capital | 822.34K | 822.34K | -3.97M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Debt / Equity Ratio | -1.67 | -1.67 | -2.24 |
| Net Debt / Equity Ratio | -0.87 | -0.87 | -2.19 |
| Net Debt / EBITDA Ratio | -1.41 | -1.41 | -1.52 |
| Net Debt / FCF Ratio | -1.08 | -1.08 | -1.02 |
| Asset Turnover | 0.06 | 0.06 | |
| Inventory Turnover | 1.21 | 1.21 | |
| Quick Ratio | 1.17 | 1.17 | 0.04 |
| Current Ratio | 1.49 | 1.49 | 0.32 |
| Return on Assets (ROA) | -42.46% | -42.46% | |
| Return on Capital Employed (ROCE) | -101.70% | -101.70% | 406.20% |
| Buyback Yield / Dilution | -59.70% |