EnWave Corporation (ENW) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to the NWAVE Corporation Q3 earnings call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation, and you may be placed into question queue at any time by pressing star 1 on your telephone keypad. As a reminder, this conference is being recorded. It's now my pleasure to turn the call over to CEO Brent Charlton. Please go ahead. Thanks very much. And good morning to everyone who has joined us today for NWAVE's Q3 fiscal 2025 quarterly conference call. We are pleased with the performance in Q3 with modest improvements year over year and consistent revenue quarter to quarter as a result of the initial manufacturing and fabrication of two 60-kilowatt machines during the period. Thus far in Q4, we have continued to expedite the completion of the 60-kilowatt machines for our royalty partner, MicroDryd, and we're likely to recognize many 10-kilowatt units that are planned for commissioning prior to September 30th. Further, we are optimistic regarding additional REV equipment purchase orders, which I'll discuss in more detail momentarily. And as always, the information 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 today will be in Canadian dollars unless otherwise noted. NWAVE's third quarter was solid, and we anticipate improvement in Q4 if we are able to transact on a large-scale rev machine opportunity that we are currently negotiating. Given that w...