BQE Water First Quarter 2025 Earnings: Beats Expectations

BQE Water (CVE:BQE) First Quarter 2025 Results

Key Financial Results

• Revenue: CA$7.45m (up 197% from 1Q 2024).
• Net income: CA$1.73m (up from CA$487.1k loss in 1Q 2024).
• Profit margin: 23% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue.
• EPS: CA$1.34 (up from CA$0.39 loss in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

BQE Water Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 140%. Earnings per share (EPS) also surpassed analyst estimates.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 2.2% decline forecast for the Commercial Services industry in Canada.

Performance of the Canadian Commercial Services industry.

The company's shares are up 18% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with BQE Water (at least 1 which is a bit unpleasant), and understanding these should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.