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374water Inc   (SCWO)
Other Ticker:  
 
 
Price: $1.3600 $-0.01 -0.730%
Day's High: $1.4 Week Perf: -2.16 %
Day's Low: $ 1.35 30 Day Perf: -8.11 %
Volume (M): 91 52 Wk High: $ 5.17
Volume (M$): $ 124 52 Wk Avg: $2.00
Open: $1.37 52 Wk Low: $0.97



 Market Capitalization (Millions $) 180
 Shares Outstanding (Millions) 132
 Employees -
 Revenues (TTM) (Millions $) 2
 Net Income (TTM) (Millions $) -7
 Cash Flow (TTM) (Millions $) 10
 Capital Exp. (TTM) (Millions $) 0

374water Inc
374water Inc is a social enterprise that focuses on providing clean and safe drinking water solutions to communities in need. They offer innovative water purification technologies that are cost-effective and environmentally friendly. Their mission is to improve the quality of life for people living in remote or underprivileged areas by ensuring access to clean water. Through their initiatives, 374water Inc aims to tackle water scarcity and promote sustainability.


   Company Address: 701 W Main Street Durham 27701 NC
   Company Phone Number: 888-8194   Stock Exchange / Ticker: NASDAQ SCWO
   


Customers Net Income grew by SCWO's Customers Net Profit Margin grew to

304.53 %

10.69 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CPSH   -1.37%    
NX        2.29% 
CE        3.67% 
DD        2.05% 
DOW   -1.63%    
EMN        0.28% 
• View Complete Report
   



374water Inc

SCWO Suffers Major Blow as Financial Year Closes on Sep 30, 2023



In a recent announcement, the Miscellaneous Fabricated Products company revealed dismal financial results for the period ending September 30, 2023. The company reported a staggering decline in revenue by -98.668% to a mere $0.01 million. Concurrently, net deficit per share soared to $-0.01 from the same reporting season the previous year. This shocking drop in top-line performance cannot be considered in isolation from the broader industry trend. Unlike its counterparts in the Miscellaneous Fabricated Products sector, which witnessed revenue growth during the same period, the company is grappling with significant challenges.
Financial Performance Analysis
Comparing the most recent financial period with the previous year, 374water Inc. experienced a considerable setback. It reported a net loss of $-1.731 million, expanding from $-0.913 million in the previous year. Although there was a decline in accounts receivable to $1.7 million from the previous quarter, it is important to note that this figure is higher than the same period the previous year. These financial results highlight the ongoing struggles faced by the company in terms of profitability and cash flow management.

374water Inc

374water Inc Faces Critical Quarter Amidst Financial Challenges and Potential Growth Opportunities



The second quarter of 2023 has been a challenging period for the Miscellaneous Fabricated Products Company, as evidenced by its financial results. With a significant decrease in revenue and an extended net loss per share, the company faces numerous obstacles that could have a lasting impact on its future. However, amidst the difficulties, certain indicators provide hope for potential growth and improvement. This article explores the financial results and the implications they may have on the company's future prospects.
1. Revenue Decline and Increased Net Loss:
The most striking aspect of the financial results is the steep decline in revenue. With a staggering decrease of -95.161%, revenue dwindled to just $0.05 million in comparison to the same period last year. Simultaneously, the net loss per share extended to $-0.01, further intensifying the financial burden on the company. These figures indicate a severe financial setback that necessitates immediate attention and corrective measures.

374water Inc

374Water Inc's Revenue Soars by 193% but Fails to Break Even, Raising Concerns

374Water Inc Achieves Impressive Revenue Growth, But Deficit Widens
In a recent announcement, 374Water Inc revealed that it had recorded a very impressive revenue elevation of 193.326% year on year to reach $0.80 million in the most recent fiscal period. However, this news was tempered by the revelation that the company's deficit had simultaneously widened, coming in at $-0.01 compared to the preceding reporting season's $-0.01 per share.
Despite these negatives, investors can take heart that the revenue surge still came in at 1.573% compared to the previous year's $0.79 million. It is worth noting, though, that 374Water Inc realized a net shortfall of $-1.640 million for the fiscal span ending March 31, 2023. This is a far cry from the $-0.873 million shortfall recorded in the previous year, and certainly an area of concern for the company.






 

374water Inc's Segments
 
 
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