Added to YB: 2026-06-25
Pitch date: 2026-06-23
ENW.V [neutral]
EnWave Corporation
Author Info
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Company Info
EnWave Corporation designs, constructs, markets, and sells vacuum-microwave dehydration machinery for the food, cannabis, and biomaterial industries in Canada, the United States, and internationally.
Market Cap
CAD 28.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-35.65
P/E
-11.15
EV/Sales
2.48
Sector
Machinery
Category
growth
EnWave Royalty Machine Establishes Traction
ENW.V (watchlist): Royalty-licensing food drying tech at C$0.23/C$27M cap priced as equipment co (3x rev, 13x EBITDA) vs peer 4x/16x. New VP Dunnage building multi-vertical funnel: BranchOut Target launch Sept'26, General Mills TELOA, Purina pet, new $8-10B cosmetics vertical. But base royalties down 8 straight Qs, neg EBITDA, tight C$3.3M cash (5-7Q runway), dilution risk. Need royalty acceleration in numbers. Re-scored 4/5.
Read full article (6 min)