BQE Water Inc.
BQE Water Inc. (BTQNF) Financial Performance & Income Statement Overview
Review BQE Water Inc. (BTQNF) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
BQE Water Inc. (BTQNF) Income Statement & Financial Overview
View the income breakdown for BQE Water Inc. BTQNF across both annual and quarterly reports.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $4.44M | $6.82M | $3.42M | $2.51M |
| Cost of Revenue | $2.61M | $2.94M | $1.81M | $1.50M |
| Gross Profit | $1.82M | $3.87M | $1.61M | $1.003M |
| Gross Profit Ratio | $0.41 | $0.57 | $0.47 | $0.40 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $1.71M | $1.55M | $2.16M | $1.90M |
| Operating Expenses | $2.41M | $74172.00 | $1.14M | $1.90M |
| Total Costs & Expenses | $5.02M | $3.02M | $2.95M | $3.40M |
| Interest Income | $168611.00 | $40495.00 | $88703.00 | $27234.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $128751.00 | $105900.00 | $103073.00 | $101499.00 |
| EBITDA | $3.21M | $2.33M | -$556318.00 | -$792235.00 |
| EBITDA Ratio | $0.72 | $0.34 | -$0.16 | -$0.32 |
| Operating Income | -$585987.00 | $3.80M | $469984.00 | -$893730.00 |
| Operating Income Ratio | -$0.13 | $0.56 | $0.14 | -$0.36 |
| Other Income/Expenses (Net) | $217716.00 | $2659.00 | $99820.00 | $419109.00 |
| Income Before Tax | -$368271.00 | $3.80M | $569804.00 | -$806468.00 |
| Income Before Tax Ratio | -$0.08 | $0.56 | $0.17 | -$0.32 |
| Income Tax Expense | -$1.38M | $78462.00 | $10472.00 | $12427.00 |
| Net Income | $1.009M | $3.72M | $559332.00 | -$487052.00 |
| Net Income Ratio | $0.23 | $0.55 | $0.16 | -$0.19 |
| EPS | $0.54 | $2.91 | $0.44 | -$0.39 |
| Diluted EPS | $0.54 | $2.87 | $0.43 | -$0.39 |
| Weighted Avg Shares Outstanding | $1.29M | $1.28M | $1.27M | $1.25M |
| Weighted Avg Shares Outstanding (Diluted) | $1.29M | $1.30M | $1.29M | $1.25M |
Financial performance has remained strong, with revenue growing from $2.51M in Q1 2024 to $4.44M in Q4 2024. Gross profit continued to perform well, with margins at 41% in the latest quarter. Operating income reached -$585987.00 in Q4 2024, holding a steady -13% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $3.21M. Net income dropped to $1.009M, keeping EPS at $0.54. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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