Headlines
- 33% annual EPS growth: BQE Water shows promising earnings per share growth.
- Strong Insider Ownership: Insiders possess 44% of shares, aligning interests with shareholders.
- Modest Revenue Increase: Revenue increased by 7.0% to CA$18m, signaling positive progress.
Investing often evokes excitement, especially in companies with potential to overturn their fortunes. However, caution is necessary, especially when such companies lack revenue or profit. This is why it is wise to consider firms like BQE Water (CVE:BQE), which have a solid track record in profitability and consistent earnings.
Earnings Growth and Business Performance
BQE Water has shown impressive growth, with earnings per share (EPS) climbing by 33% annually over the past three years. Such growth is a promising indicator for potential future earnings, which might lead to increased shareholder satisfaction. Moreover, the company's revenue increased 7.0% to CA$18m, indicating healthy progress.
Looking at earnings before interest and tax (EBIT) margins, BQE Water's margins have remained steady, yet the increase in revenue reflects a positive trend in its business operations.
Insider Confidence
The involvement of company insiders can often affirm confidence in a company's prospects. BQE Water is no exception, with insiders holding 44% of its shares, worth approximately CA$30m. This substantial ownership suggests alignment of management with all shareholders, reducing the risk of abrupt market movements affecting share prices.
A Worthwhile Stock to Follow?
BQE Water's strong EPS growth and significant insider holding make it a company worth keeping an eye on. It is always advisable to research further, considering any potential risks, including one noted warning sign.
For investors who appreciate strong insider backing, BQE Water offers a compelling case as insider confidence and significant growth metrics may suggest a promising outlook.