EnWave Corporation (OTCPK:NWVCF) Q3 2025 Earnings Conference Call August 22, 2025 10:00 AM ET Company Participants Brent Charleton - CEO, President & Director Dylan Murray - CFO & Corporate Secretary Operator Greetings, and welcome to the EnWave Corporation Q3 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) reported continued financial momentum in its fiscal third quarter 2025 results, highlighting solid revenue growth, expanding royalty streams, and improved year-to-date profitability metrics. For the quarter ended June 30, 2025, EnWave generated revenue of $2.74 million, compared with $2.62 million in the same period of 2024, a 5% increase.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) announced that it has closed its fully subscribed private placement offering of common shares, raising gross proceeds of $3 million. The company issued a total of 7.5 million common shares at a price of C$0.40 per share.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) announced that it has entered into an agreement with Clarus Securities to conduct a non-brokered private placement offering of up to 7.5 million common shares at a price of C$0.40 per share, for potential gross proceeds of up to C$3 million. The proceeds of the offering will be used to manufacture two large-scale Radiant Energy Vacuum (REV) dehydration machines, with capacities ranging from 60kW to 120kW.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) has announced the sale of two additional 10kW Radiant Energy Vacuum (REV) dehydration machines to Dairy Concepts Ireland (DCI). These are the fifth and sixth REV units acquired by the Ireland-based company, which holds an exclusive license to use EnWave's proprietary drying technology to produce specific dairy snacks in the United Kingdom.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) CEO Brent Charleton joined Proactive to discuss the company's continued progress in expanding the commercialization of its patented Radiant Energy Vacuum technology. Charleton shared details on a new contract with MicroDried, which has grown into EnWave's top royalty-generating partner.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) said it has signed a new royalty-bearing license agreement and equipment purchase deals with longtime partner MicroDried, granting the US-based food ingredient producer expanded rights to use EnWave's vacuum-based dehydration technology. The agreement includes exclusive rights for MicroDried to produce mochi and Greek yogurt products in North America using EnWave's Radiant Energy Vacuum (REV) drying process, along with additional non-exclusive rights to manufacture other dairy-based applications such as shredded cheese and cheesecake.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) CEO Brent Charleton talked with Proactive about the company's latest commercial update involving its long-term partner Procescir. Charleton shared that Procescir has now committed to expanding its use of EnWave's Radiant Energy Vacuum (REV) technology, with a large-scale machine set to be delivered in July.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) CEO Brent Charleton talked with Proactive about the company's financial performance in Q2 and recent strategic developments. Charleton highlighted a notable revenue increase driven by a new machine sale to MicroDried, a long-time royalty partner.
EnWave Corporation (OTCPK:NWVCF) Q2 2025 Earnings Conference Call May 22, 2025 10:00 AM ET Company Participants Brent Charleton - President & CEO Dylan Murray - CFO Conference Call Participants Operator Good morning, and welcome to EnWave Corporation's Q2 2025 Earnings Conference Call. My name is Kevin, and I'll be your operator for today's call.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) delivered a strong second quarter with revenue climbing to C$3.7 million, up by C$3 million year-over-year, according to the company's interim results released on Thursday. Revenue growth was attributed to a large-scale machine sale and the commissioning of two small-scale machines.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) announced that it has amended its royalty-bearing license agreement with Creations Foods US, expanding the partnership to include pet treat applications. The agreement, originally signed in March 2023, gave Creations Foods the rights to produce dried cheese snacks using EnWave's Radiant Energy Vacuum (REV) dehydration technology.