Added to YB: 2025-10-10
Pitch date: 2025-10-08
WATR.L [neutral]
Water Intelligence plc
-1.02%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Water Intelligence plc, together with its subsidiaries, provides leak detection and remediation services for potable and non-potable water in the United States, the United Kingdom, Ireland, Australia, Canada, and internationally.
Market Cap
GBP 63.5M
Pitch Price
GBP 2.93
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.71
P/E
15.03
EV/Sales
1.01
Sector
Commercial Services and Supplies
Category
N/A
Fed up and WATR-ed
WATR.L (earnings update): 1H25 results disappoint despite 'adjusted' profit spin. Debt doubled to $18m for acquisitions showing poor returns vs 22% target. Franchisee revenue flat, product sales down 6% vs 2022. Underlying franchise growth minimal after stripping acquisitions. 7% ROCE on adjusted numbers, 5% statutory. StreamLab partnership lacks traction after 15yrs. Model not working despite management optimism.
Read full article (7 min)