EnWave Corporation (NWVCF) Q1 2025 Earnings Call Transcript
EnWave Corporation (OTCPK:NWVCF) Q1 2025 Earnings Conference Call February 24, 2025 10:00 AM ET Company Participants Brent Charleton - President and CEO Dylan Murray - CFO Conference Call Participants Donangelo Volpe - Beacon Securities Operator Good morning. Welcome to EnWave Corporation's First Quarter 2025 Earnings Conference Call.
EnWave grows royalty revenue in fiscal first quarter
EnWave Corp (TSX-V:ENW, OTC:NWVCF) has reported its interim financial results for the fiscal first quarter, including increased royalty revenue and an improved adjusted EBITDA loss. For the three months ending December 31, 2024, the leader in vacuum microwave dehydration reported royalty revenues of $0.56 million, an increase of $0.08 million compared to the same period in the previous year, attributed to growth in royalty partners, product sales, partner production, and exclusivity payments.
EnWave CEO discusses key business developments in Peru and Spain - ICYMI
EnWave Corp (TSX-V:ENW, OTC:NWVCF) CEO Brent Charleton talked with Proactive about the company's latest business developments. Charleton discussed EnWave's recent contracts with BranchOut Foods in Peru, granting them exclusive blueberry production rights and increasing minimum royalty payments.
EnWave expands partnership with Sprouted Proteins
EnWave Corp (TSX-V:ENW, OTC:NWVCF) announced that it has expanded its partnership with Sprouted Proteins SAC of Peru with an Equipment Purchase Agreement and a License Amendment. The updated deal builds on an initial royalty-bearing license signed in February 2024 and it grants Sprouted Proteins exclusive rights to produce specific starch-based snacks and instant soup mixes in Peru.
EnWave expands product portfolio with Patatas Fritas Torres agreement
EnWave Corp (TSX-V:ENW, OTC:NWVCF) announced that it has signed an amendment to its royalty-bearing license agreement with Patatas Fritas Torres SL (PFT), a leading snack manufacturer based in Spain. The updated agreement allows PFT to leverage its established distribution network to quickly broaden its offerings in the global snack market.
EnWave expands agreement with BranchOut Foods for exclusive dried blueberry production
EnWave Corp (TSX-V:ENW, OTC:NWVCF) announced that it amended its royalty-bearing license agreement with BranchOut Foods granting the Peruvian company exclusive rights to produce dried blueberry products using EnWave's Radiant Energy Vacuum (REV) technology. The company, a leader in vacuum microwave dehydration, said that under the revised agreement BranchOut will pay a minimum of US$50,000 in annual royalties from blueberry product sales starting in 2025.
EnWave CEO details new partnership in Brazil - ICYMI
EnWave Corp (TSX-V:ENW, OTC:NWVCF) this week announced it is entering the Brazilian market through a partnership with Solve Solutions. CEO Brent Charleton joined Proactive to discuss the move, wich marks EnWave's fourth royalty partnership in South America.
EnWave targets growth with innovative snack partnership – ICYMI
EnWave Corp (TSX-V:ENW, OTC:NWVCF) CEO Brent Charleton spoke with Proactive about the company's recent strides, including a partnership with ELEA Technology to develop healthier snacks, a strong rebound in 2024 financial performance, and a key board appointment. Charleton shared how these advancements, alongside EnWave's patented REV drying technology, are shaping the company's growth strategy for 2025 and beyond.
EnWave appoints seasoned executive to board of directors
EnWave Corp (TSX-V:ENW, OTC:NWVCF) has announced the appointment of Louise Lalonde to its Board of Directors, where she will take on the role of Audit Committee Chair. A seasoned Certified Public Accountant, Lalonde brings over 30 years of expertise in accounting, governance, risk consultancy, and compliance, EnWave highlighted.
EnWave Corporation (NWVCF) Q4 2024 Earnings Call Transcript
EnWave Corporation (OTCPK:NWVCF) Q4 2024 Earnings Conference Call December 13, 2024 10:00 AM ET Company Participants Brent Charleton - President and CEO Dylan Murray - CFO Conference Call Participants Operator Good morning, and welcome to EnWave Corporation's Q4 2024 Earnings Conference Call. My name is Darrell, and I will be your operator for today's call.
EnWave reports surge in Q4 royalties as revenue increases
EnWave Corp (TSX-V:ENW, OTC:NWVCF) reported a sharp revenue increase in the fourth quarter of fiscal 2024, driven by higher royalties and the resale of a large-scale machine. The Vancouver-based food technology company posted Q4 revenue of C$3.63 million, up C$2.18 million from the prior-year period.
EnWave and ELEA Technology partner to enhance potato snack production
EnWave Corp (TSX-V:ENW, OTC:NWVCF) announced that it has signed a research and development license agreement and lease agreement with ELEA Technology GmbH, a leader in pulse electric field (PEF) technology. The partnership will integrate EnWave's Radiant Energy Vacuum (REV) technology with ELEA's PEF to develop potato and vegetable snacks that eliminate frying by pre-treating the products with PEF before REV-drying.
