What is Waste Energy's earnings per share (EPS)?

Waste Energy (WAST) reported diluted earnings per share of $-0.02 for fiscal year 2024. This represents a 66.7% 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.

Waste Energy Financials

WAST

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Waste Energy (WAST) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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

Piotroski F-Score Weak

1/9

Waste Energy 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).

Earnings Quality Low Quality

0.13x

For every $1 of reported earnings, Waste Energy generates $0.13 in operating cash flow (-$385K OCF vs -$2.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-9.1x

Waste Energy earns $-9.1 in operating income for every $1 of interest expense (-$1.2M vs $131K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$2.9M

YoY+49.0%

Waste Energy reported -$2.9M in net income in fiscal year 2024. This represents an increase of 49.0% from the prior year.

EPS (Diluted)

$-0.02

YoY+66.7%

Waste Energy earned $-0.02 per diluted share (EPS) in fiscal year 2024. This represents an increase of 66.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$682

YoY-77.8%

5Y CAGR-11.7%

10Y CAGR-17.5%

Waste Energy held $682 in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

126M

YoY+15.8%

5Y CAGR+39.6%

10Y CAGR+35.6%

Waste Energy had 126M shares outstanding in fiscal year 2024. This represents an increase of 15.8% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

WAST Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	N/A	$415K-77.4%	$1.8M+288.6%	$472K+148.2%	$190K-23.9%	$250K
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.2M-49.4%	$2.4M-45.0%	$4.3M-49.1%	$8.4M+991.4%	$773K-62.6%	$2.1M
Operating Income	-$1.2M+49.4%	-$2.4M+36.1%	-$3.7M+63.2%	-$10.0M-1559.0%	-$605K+68.8%	-$1.9M
Interest Expense	$131K+77.9%	$73K+1013.1%	$7K-89.9%	$65K-56.6%	$151K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$2.9M+49.0%	-$5.7M+9.0%	-$6.2M+72.7%	-$22.7M-466.9%	-$4.0M+12.7%	-$4.6M
EPS (Diluted)	$-0.02+66.7%	$-0.06+25.0%	$-0.08	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$133K+6.0%	$125K+200.0%	$42K	N/A	N/A	N/A	N/A	N/A
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	N/A	N/A	N/A	N/A	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	$324K+294.0%	$82K+75.5%	$47K	N/A	$138K-69.0%	$445K-15.0%	$523K	N/A
Operating Income	-$194K-552.9%	$43K+923.5%	-$5K	N/A	-$138K+69.0%	-$445K+15.0%	-$523K	N/A
Interest Expense	$31K+45.4%	$21K	N/A	N/A	$29K-10.4%	$32K+96.4%	$16K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$577K+137.5%	-$1.5M-6571.4%	-$23K	N/A	-$167K+91.8%	-$2.0M-276.4%	-$540K	N/A
EPS (Diluted)	$-0.010.0%	$-0.010.0%	$-0.01	N/A	$-0.01+50.0%	$-0.02-100.0%	$-0.01	N/A

WAST Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$36K-97.9%	$1.7M+3.8%	$1.6M-69.6%	$5.3M+3656.0%	$142K+231.0%	$43K
Current Assets	$36K-72.1%	$128K-87.5%	$1.0M-16.8%	$1.2M+767.3%	$142K+231.2%	$43K
Cash & Equivalents	$682-77.8%	$3K-91.2%	$35K-93.8%	$567K+1600.6%	$33K+2527.4%	$1K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$35K-69.6%	$115K-31.2%	$167K	$0	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.0M+18.0%	$2.6M+265.5%	$706K-59.1%	$1.7M-68.8%	$5.5M+212.4%	$1.8M
Current Liabilities	$3.2M+24.2%	$2.6M+62.5%	$1.6M-7.9%	$1.7M-4.1%	$1.8M-2.5%	$1.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$3.0M-308.1%	-$737K-180.7%	$914K-79.7%	$4.5M+183.6%	-$5.4M-211.9%	-$1.7M
Retained Earnings	-$50.0M-6.1%	-$47.1M-13.6%	-$41.4M-17.5%	-$35.2M-164.6%	-$13.3M-43.1%	-$9.3M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$882K+48.4%	$594K+45.1%	$409K+1047.1%	$36K-21.9%	$46K-18.4%	$56K-96.6%	$1.6M-2.6%	$1.7M
Current Assets	$114K-9.5%	$126K+26.8%	$99K+178.3%	$36K-21.9%	$46K-18.4%	$56K-33.0%	$84K-34.6%	$128K
Cash & Equivalents	$47K-47.8%	$91K+41.4%	$64K+9329.0%	$682-4.2%	$712-45.5%	$1K-81.0%	$7K+123.9%	$3K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$43K+21.4%	$35K0.0%	$35K0.0%	$35K-22.2%	$45K0.0%	$45K-30.8%	$65K-43.5%	$115K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.5M-8.1%	$4.9M+48.4%	$3.3M+9.2%	$3.0M+5.1%	$2.9M+4.2%	$2.8M+8.3%	$2.6M-0.4%	$2.6M
Current Liabilities	$4.2M-17.3%	$5.1M+46.1%	$3.5M+8.7%	$3.2M+4.8%	$3.1M+4.0%	$2.9M+14.5%	$2.6M-0.4%	$2.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$3.5M+19.5%	-$4.3M-48.8%	-$2.9M+3.1%	-$3.0M-5.5%	-$2.9M-4.7%	-$2.7M-253.8%	-$770K-4.5%	-$737K
Retained Earnings	-$50.9M+1.1%	-$51.5M-3.1%	-$50.0M0.0%	-$50.0M-0.3%	-$49.8M-0.3%	-$49.6M-4.3%	-$47.6M-1.1%	-$47.1M

WAST Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$385K+62.3%	-$1.0M+16.3%	-$1.2M+74.3%	-$4.8M-1309.9%	-$338K+85.3%	-$2.3M
Capital Expenditures	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
Investing Cash Flow	N/A	N/A	N/A	-$4.3M	N/A	N/A
Financing Cash Flow	$383K-61.4%	$991K+43.5%	$691K-92.8%	$9.5M+2480.8%	$370K-73.5%	$1.4M
Dividends Paid	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

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$311K-297.5%	-$78K-123.1%	$340K+265.8%	$93K+294.1%	-$48K+86.8%	-$361K-423.8%	-$69K+90.7%	-$746K
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%	-$158K+49.0%	-$310K	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$268K+1.8%	$263K+673.3%	$34K+136.6%	-$93K-296.6%	$47K-86.7%	$356K+388.7%	$73K+108.9%	-$819K
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

WAST Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	-568.8%-367.6pp	-201.2%+1923.1pp	-2124.2%-1806.4pp	-317.8%+457.0pp	-774.9%
Net Margin	N/A	-1361.2%-1022.8pp	-338.4%+4476.9pp	-4815.3%-2707.1pp	-2108.2%-269.0pp	-1839.2%
Return on Equity	N/A	N/A	-679.6%-174.7pp	-504.8%	N/A	N/A
Return on Assets	-8071.7%-7735.8pp	-335.9%+47.5pp	-383.4%+42.9pp	-426.3%+2398.2pp	-2824.6%+7887.4pp	-10712.0%
Current Ratio	0.01-0.0	0.05-0.6	0.65-0.1	0.71+0.6	0.08+0.1	0.02
Debt-to-Equity	-1.01+2.5	-3.50-4.3	0.77+0.4	0.38+1.4	-1.030.0	-1.02
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-146.1%-180.3pp	34.2%+46.7pp	-12.5%	N/A	N/A	N/A	N/A	N/A
Net Margin	435.5%+1666.6pp	-1231.2%-1175.8pp	-55.4%	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	65.5%+324.6pp	-259.1%-253.5pp	-5.6%	N/A	-365.1%+3261.9pp	-3626.9%-3594.0pp	-33.0%	N/A
Current Ratio	0.030.0	0.020.0	0.03+0.0	0.010.0	0.010.0	0.02-0.0	0.03-0.0	0.05
Debt-to-Equity	-1.30-0.2	-1.140.0	-1.14-0.1	-1.010.0	-1.020.0	-1.02+2.3	-3.34+0.2	-3.50
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$3.0M), 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 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Waste Energy profitable?

No, Waste Energy (WAST) reported a net income of -$2.9M in fiscal year 2024.

What is Waste Energy's operating cash flow?

Waste Energy (WAST) generated -$385K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Waste Energy's total assets?

Waste Energy (WAST) had $36K in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Waste Energy have outstanding?

Waste Energy (WAST) had 126M shares outstanding as of fiscal year 2024.

What is Waste Energy's current ratio?

Waste Energy (WAST) had a current ratio of 0.01 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Waste Energy's debt-to-equity ratio?

Waste Energy (WAST) had a debt-to-equity ratio of -1.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Waste Energy's return on assets (ROA)?

Waste Energy (WAST) had a return on assets of -8071.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Waste Energy's cash runway?

Based on fiscal year 2024 data, Waste Energy (WAST) had $682 in cash against an annual operating cash burn of $385K. 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 Waste Energy's debt-to-equity ratio negative or unusual?

Waste Energy (WAST) has negative shareholder equity of -$3.0M as of fiscal year 2024, 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 Waste Energy's Piotroski F-Score?

Waste Energy (WAST) 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 Waste Energy's earnings high quality?

Waste Energy (WAST) has an earnings quality ratio of 0.13x, 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 Waste Energy cover its interest payments?

Waste Energy (WAST) has an interest coverage ratio of -9.1x, 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.