Water Intelligence looks very murky
Water Intelligence (WATR), calls itself “a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water”. Hardly a catchy title but then leak detection is never going to be glamorous. Its services are conducted through a wholly owned subsidiary American Leak Detection, which was established in 1974 and largely operates through a franchise model.
For the last full year ending December 2017, WATR generated revenue of a mere $17.6m…
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