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Water Intelligence (WATR) investor relations material
Water Intelligence H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 7% year-over-year to $48.2 million, with adjusted EBITDA up 6% to $9.8 million, driven by technology-enabled services and the launch of preventive maintenance offerings.
Paid pilots for preventive maintenance solutions in Q3 validated the business model, supporting a scale-up in Q4 and providing new KPIs for 2027.
The group is leveraging its nationwide footprint and technology investments to offer end-to-end water infrastructure solutions, differentiating itself in a fragmented market.
Financial highlights
Revenue increased 7% to $48.2 million compared to 1H 2025.
Adjusted EBITDA rose 6% to $9.8 million; adjusted PBT up 4% to $5.9 million.
Statutory profit before tax fell 22% to $3.3 million due to legal and training expenses for new offerings.
Adjusted EPS (fully diluted) increased 8% to 25.5 cents; statutory EPS (diluted) was 13.8 cents.
Cash and equivalents at period end were $4.37 million; net debt to adjusted EBITDA ratio at 1.29.
Outlook and guidance
Momentum expected in 2H 2026 from scaling preventive maintenance solutions, with financial milestones and new KPIs (e.g., devices sold) to be introduced for 2027.
Continued focus on organic growth, B2B channel expansion, and selective acquisitions, supported by a strong balance sheet.
- 9% revenue growth, 15% Adjusted EBITDA increase, and robust global expansion drive strong results.WATR
H2 2025 - Q1 2026 saw strong revenue growth and strategic advances in preventive maintenance and monitoring.WATR
Q1 2026 TU - Q3 saw accelerated profit growth, higher margins, and strong outlook, fueled by operational gains.WATR
Q3 2025 TU - Revenue and EBITDA rose, margins improved, and tech investments drive growth momentum.WATR
H1 2025 - 2024 revenue up 10% to $83.3M, EBITDA up 11%, with strategic acquisitions fueling growth.WATR
H2 2024 - Revenue up 10% and capital allocation plan sets stage for strong 2025 growth.WATR
Q3 2024 TU - Double-digit profit growth and strategic expansion position Water Intelligence for accelerated growth.WATR
H1 2024 - 2023 saw 7% revenue growth, margin expansion, and robust multinational and technology-driven growth.WATR
H2 2023 - Proprietary tech and insurance partnerships fuel double-digit growth in a fragmented water market.WATR
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