EnWave Corporation (ENW) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to NWAVES Corporation's second quarter 2026 earnings conference call. My name is Christine, and I'll be your operator for today's call. Joining us for today's presentation are the company's president and CEO, Brent Charlton, and Dylan Murray, NWAVES CFO. As a reminder, all participants are in a listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Finally, I would like to remind everyone that this call will be made available for replay via a link in the investor relations section of the company's website at www.nwave.net. Now, I would like to turn the call over to NWAVE CEO, Mr. Brent Charlton. Sir, please proceed. Thanks very much, and thanks to everyone who has joined us today for NWAVE's Q2 fiscal 2026 quarterly conference call. The information, as per usual, we will present today contains forward-looking information that is based on our management's expectations, estimates, and projections. Our statements are not a guarantee of future performance and involve a number of risks, uncertainties, and assumptions. Please consider the risk factors in the filings made by NWAVE on CDAR when reviewing this information. Also, all amounts discussed will be in Canadian dollars unless otherwise noted. Now, while this quarter's financial performance was well below our expectations, I want to begin by emphasizing something very important. The fundamentals of Enway's business model remain strong, differentiated, and highly scalable. We are disappointed with our Q2 quarterly results. The revenue timing delays, slower than expected large-scale equipment conversion activity,...