Energy & Wtr Dev Corp Financials
This page shows Energy & Wtr Dev Corp (EAWD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Energy & Wtr Dev Corp passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Energy & Wtr Dev Corp generates $0.68 in operating cash flow (-$2.3M OCF vs -$3.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Energy & Wtr Dev Corp earns $-12.3 in operating income for every $1 of interest expense (-$2.6M vs $215K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Energy & Wtr Dev Corp generated $0 in revenue in fiscal year 2023.
Energy & Wtr Dev Corp's EBITDA was -$2.5M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 34.5% from the prior year.
Energy & Wtr Dev Corp reported -$3.4M in net income in fiscal year 2023. This represents a decrease of 76.7% from the prior year.
Energy & Wtr Dev Corp earned $-0.02 per diluted share (EPS) in fiscal year 2023. This represents a decrease of 100.0% from the prior year.
Energy & Wtr Dev Corp held $77K in cash against $0 in long-term debt as of fiscal year 2023.
Energy & Wtr Dev Corp had 261M shares outstanding in fiscal year 2023. This represents an increase of 42.8% from the prior year.
EAWD Income Statement
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | $0 | $0 | $0 | $0+100.0% | -$550K | $0 |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | $0 | N/A | N/A | $0 | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$493K+11.7% | -$558K+9.5% | -$616K+21.1% | -$781K-43.1% | -$546K-8.0% | -$505K+2.0% | -$515K+0.4% | -$517K |
| Interest Expense | $548K+166.3% | $206K+15.7% | $178K+258.6% | $50K+6.8% | $46K-2.6% | $48K+1.6% | $47K | $0 |
| Income Tax | $0 | $0 | $0+100.0% | -$482-152.1% | $925 | $0 | $0 | $0 |
| Net Income | -$841K+4.0% | -$876K+6.7% | -$939K+9.6% | -$1.0M-67.6% | -$620K+12.7% | -$710K-78.5% | -$398K+39.0% | -$652K |
| EPS (Diluted) | $-0.01 | $0.00 | $0.00+100.0% | $-0.02 | $0.00 | $0.00 | N/A | $0.00 |
EAWD Balance Sheet
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2M-5.6% | $1.3M-2.3% | $1.3M-5.8% | $1.4M+15.9% | $1.2M-3.3% | $1.3M+8.2% | $1.2M+20.2% | $977K |
| Current Assets | $923K-2.7% | $949K+7.1% | $886K-2.4% | $908K+5.9% | $857K-11.2% | $965K+11.4% | $867K+4.5% | $829K |
| Cash & Equivalents | $5K-96.0% | $114K+124.8% | $51K-34.1% | $77K+126.9% | $34K-76.6% | $144K+253.3% | $41K-28.2% | $57K |
| Inventory | $502K+10.0% | $457K-0.9% | $461K+2.0% | $452K-3.8% | $470K+0.5% | $468K+2.2% | $458K+9.9% | $417K |
| Accounts Receivable | N/A | $0 | $0 | $0-100.0% | $53K0.0% | $53K0.0% | $53K-3.8% | $55K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.0M+7.3% | $2.8M+24.5% | $2.2M+4.2% | $2.1M+16.3% | $1.8M+18.7% | $1.6M-6.0% | $1.7M+32.4% | $1.3M |
| Current Liabilities | $3.0M+9.0% | $2.7M+29.2% | $2.1M+6.9% | $2.0M+14.4% | $1.7M+14.6% | $1.5M-6.0% | $1.6M+29.4% | $1.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$1.8M-18.9% | -$1.5M-64.7% | -$896K-23.9% | -$723K-17.0% | -$618K-116.3% | -$286K+40.7% | -$482K-75.6% | -$274K |
| Retained Earnings | -$30.5M-2.8% | -$29.6M-3.0% | -$28.8M-3.5% | -$27.8M-8.2% | -$25.7M-2.5% | -$25.0M-2.9% | -$24.3M-1.7% | -$23.9M |
EAWD Cash Flow Statement
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$177K+40.5% | -$298K+26.4% | -$405K+48.3% | -$784K-147.9% | -$316K+19.4% | -$393K-30.7% | -$300K-2.0% | -$294K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0-100.0% | $52K+1000.7% | -$6K+29.2% | -$8K+78.9% | -$39K | $0+100.0% | -$118K-10211.1% | $1K |
| Financing Cash Flow | $188K-45.0% | $342K-17.1% | $413K-44.2% | $740K+298.9% | $186K-65.7% | $541K+39.2% | $389K+29.7% | $300K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
EAWD Financial Ratios
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -68.0%-1.1pp | -66.8%+3.1pp | -70.0%+2.9pp | -72.9%-22.5pp | -50.4%+5.5pp | -55.9%-22.0pp | -33.9%+32.9pp | -66.8% |
| Current Ratio | 0.31-0.0 | 0.35-0.1 | 0.42-0.0 | 0.46-0.0 | 0.50-0.1 | 0.64+0.1 | 0.54-0.1 | 0.67 |
| Debt-to-Equity | -1.71+0.2 | -1.89+0.6 | -2.50+0.5 | -2.97+0.0 | -2.99+2.5 | -5.45-2.0 | -3.44+1.1 | -4.56 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$723K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.46), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Energy & Wtr Dev Corp's annual revenue?
Energy & Wtr Dev Corp (EAWD) reported $0 in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Energy & Wtr Dev Corp profitable?
No, Energy & Wtr Dev Corp (EAWD) reported a net income of -$3.4M in fiscal year 2023.
What is Energy & Wtr Dev Corp's earnings per share (EPS)?
Energy & Wtr Dev Corp (EAWD) reported diluted earnings per share of $-0.02 for fiscal year 2023. This represents a -100.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Energy & Wtr Dev Corp's EBITDA?
Energy & Wtr Dev Corp (EAWD) had EBITDA of -$2.5M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.
What is Energy & Wtr Dev Corp's operating cash flow?
Energy & Wtr Dev Corp (EAWD) generated -$2.3M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.
What are Energy & Wtr Dev Corp's total assets?
Energy & Wtr Dev Corp (EAWD) had $1.4M in total assets as of fiscal year 2023, including both current and long-term assets.
How many shares does Energy & Wtr Dev Corp have outstanding?
Energy & Wtr Dev Corp (EAWD) had 261M shares outstanding as of fiscal year 2023.
What is Energy & Wtr Dev Corp's current ratio?
Energy & Wtr Dev Corp (EAWD) had a current ratio of 0.46 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
What is Energy & Wtr Dev Corp's debt-to-equity ratio?
Energy & Wtr Dev Corp (EAWD) had a debt-to-equity ratio of -2.97 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Energy & Wtr Dev Corp's return on assets (ROA)?
Energy & Wtr Dev Corp (EAWD) had a return on assets of -241.0% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
What is Energy & Wtr Dev Corp's cash runway?
Based on fiscal year 2023 data, Energy & Wtr Dev Corp (EAWD) had $77K in cash against an annual operating cash burn of $2.3M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Energy & Wtr Dev Corp's debt-to-equity ratio negative or unusual?
Energy & Wtr Dev Corp (EAWD) has negative shareholder equity of -$723K as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Energy & Wtr Dev Corp's Piotroski F-Score?
Energy & Wtr Dev Corp (EAWD) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Energy & Wtr Dev Corp's earnings high quality?
Energy & Wtr Dev Corp (EAWD) has an earnings quality ratio of 0.68x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Energy & Wtr Dev Corp cover its interest payments?
Energy & Wtr Dev Corp (EAWD) has an interest coverage ratio of -12.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.