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EnWave Reports 2025 Fourth Quarter and Annual 2025 Consolidated Financial Results
EnWave's fiscal 2025 revenue grew 69% to $13.8 million with positive Adjusted EBITDA of $309K, driven by increased equipment sales and royalties, company reported.
- Earlier this year, EnWave Corporation reported Q4 revenue of $6,219 and fiscal 2025 revenue of $8,298, with Adjusted EBITDA of $1,407 and $309.
- Operationally, higher machine sales and contract revenue drove gains, with EnWave commissioning one large-scale, six small-scale machines, selling a refurbished 120kW machine, and fabricating two large-scale machines.
- Operating expense detail revealed that SG&A rose to $5,585 compared to $5,308 in 2024, while total royalty revenue for the year ended 2025 was $1,945, a decrease of $161.
- EnWave also completed a private placement of 7,500,000 common shares at $0.40, raising $3,000, and filed financials and MD&A on SEDAR+.
- The company cautioned that Adjusted EBITDA is a non‑IFRS financial measure to be viewed with IFRS results, noted Safe Harbour risks, and reiterated EnWave's licensing strategy with more than fifty‑one partners spanning twenty‑four countries.
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Fountain Asset Corp. Announces Grant of Restricted Share Units
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Leaning Left12Leaning Right2Center1Last UpdatedBias Distribution80% Left
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- 80% of the sources lean Left
80% Left
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