Water Intelligence (GB:WATR) has released an update.
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Water Intelligence PLC reports a promising start to 2024 with a 6% revenue increase to $20.5 million and a 14% rise in pre-tax profits, hitting $2.0 million for Q1. The multinational leak detection firm maintained strong margins despite inflationary pressures and is poised for further growth with new insurance contracts and strategic acquisitions. Executive Chairman Dr. Patrick DeSouza expresses confidence in the company’s investments and growth plan for the coming quarters.
For further insights into GB:WATR stock, check out TipRanks’ Stock Analysis page.
