on Forward Water Technologies Corp. (CVE:FWTC)
Forward Water Technologies Reports Financial Results for Q3 and H1 2025
Forward Water Technologies Corp. (TSXV:FWTC) released its financial statements for the three-month and six-month periods ending September 30, 2025. Revenue for the three-month period was nil, with a net loss of $482,354. For the six-month period, the company reported $4,692 in revenue, with a total comprehensive loss of $929,885. The company's assets stood at $2,906,329, with $68,312 in cash at the end of the period.
During the quarter, Forward Water Technologies secured contracts for technology evaluations with a Fortune 500 European company and an international food and beverage producer. Additionally, the company raised $1,025,000 through a non-brokered offering of debenture units, bolstering its financial position.
CEO Howie Honeyman highlighted the increasing interest in FWTC's direct lithium extraction expertise and its potential in the food and beverage sector. Forward Water Technologies aims to expand its technology's application in various industries, leveraging its strengths in water recovery and waste reduction.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Forward Water Technologies Corp. news