EnWave Corp (NWVCF) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic Advances
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 14 2024
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Source: Yahoo Finance
Financial Performance: EnWave Corp reported a strong Q4 2024 with revenue of $3.6 million (up 149% from Q4 2023), royalties of $642,000 (69% increase), and adjusted EBITDA of $450,000, alongside a gross margin of 40%.
Strategic Developments: The company achieved successful patent transfers through legal settlements, is expanding its sales pipeline with new hires, and has developed innovations expected to extend royalty collections into 2044.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
