Make your money go further for just 25p per day

AIM IHT

Warren Buffett’s observation on exorbitant executive pay in full view at Water Intelligence

Leaking blue pipe

The US focused leak detection business appears to have had an excellent year in 2018, but dig a little deeper and there are some unsavoury aspects as our Blog here reveals.


The headline comment in the annual results statement of 45% growth in revenues from Water Intelligence PLC (LON:WATR) fails to present a true picture of what has really been going on at this US based provider of leak detection solutions.

While sales climbed to $25.5m from $17.6m in 2017, much of this was due to the Company acquiring franchisee businesses, thereby assuming the franchisee revenue in its entirety rather than simply the franchise fees as previously.…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Water Intelligence

Episode 6 of the Investor’s Champion Podcast

18/02/2024 · Podcasts

In this episode of the Investor’s Champion Podcast, Chris and Lee run through key stock market…


Fantasy returns | Dividend appeal | Flying high

15/02/2024 · Company Insights

A small cap publisher covered here delivered another positive trading update, bringing more upgrades. The valuation…


More Company Insights

Bonkers Bargain: equity raise to support growth

09/10/2024 · IXICO PLC

Sign-up to our free email updates

SIGN UP