EESTech, Inc.
0.0200+0.00 (+0%)
Oct 29, 4:00:00 PM EDT · OTC Markets OTCPK · EESH · USD
Key Stats
Market Cap
6.00MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-Q
Q3 FY2023 results
EESTech's Q3 FY2023 results show revenue of $118,425 for the nine months ended September 30, 2023, down 14% y/y from $138,137, driven by delays in delivering the Sasol engineering study, while Q3 revenue hit zero versus $84,260 last year. Operating expenses climbed 7% y/y to $1,089,078, pushing the operating loss to $970,653, up 11% y/y, with net loss matching as no other items intervened. Diluted EPS held at -$0.003, reconciling to 274 million weighted shares. Cash dwindled to $45,646 from $642,456 year-end, with operating cash burn at $759,736 offset by $203,311 in equity raises; free cash flow not disclosed in the 10-Q. The Samancor slag reclamation project awaits $50 million financing. Going concern doubts linger amid funding needs. Execution risks on unproven technologies loom large.
8-K
Director Bartlem to resign
10-Q
Q2 FY2023 results
EESTech's Q2 FY2023 results show revenue dipping to $452 from $53,877 y/y, as the Sasol engineering study awaits final sign-off, while six-month revenue climbed 124% y/y to $120,792 from ongoing R&D trials. Operating losses widened to $392,927 in the quarter (up 127% y/y) and $634,047 YTD (up 40% y/y), driven by a 74% surge in general administrative expenses to $393,379, mainly from legal and accounting fees tied to becoming a reporting company. Diluted EPS held at ($0.001) quarterly and ($0.002) YTD, aligning with 273.6 million weighted shares. Cash dwindled to $27,498 amid $607,140 operating outflows, offset by $35,838 in stock issuances; no debt burdens the balance sheet. No M&A or non-GAAP metrics disclosed in the 10-Q. Yet funding remains tight.
10-Q
Q1 FY2023 results
EESTech posted Q1 revenue of $120,340 from Sasol trials, up sharply from $13,861 a year ago, yet operating expenses climbed 28% to $361,460 on legal, insurance, and lab costs, narrowing the operating loss to $241,120 from $267,989. No gross margin or EPS deltas stand out beyond the flat $(0.001) per share. Cash dipped to $340,380 after $299K in operating outflows, offset by $26K from stock sales; free cash flow not disclosed in the 10-Q. The Samancor slag project awaits financing for its $50M build. Losses persist. Execution on trials hinges on funding.
8-K
By-Laws take effect
IPO
Website
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