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Aqua Metals (AQMS)
NASDAQ:AQMS
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2024
|% Change Since: 0.52%
|Next Earnings Date:Feb 20, 2025
Earnings Call Sentiment|Neutral
Aqua Metals demonstrated significant progress in lithium recycling technology and strategic partnerships, positioning themselves as a leader in North American battery-grade lithium carbonate production. However, financial challenges such as a reverse stock split and a grant application setback indicate ongoing hurdles. The sentiment is cautiously optimistic as long-term financing and commercial partnerships are being pursued.Company Guidance
During the Aqua Metals Q3 2024 earnings call, CEO Stephen Cotton outlined significant achievements and future goals, emphasizing the company's progress in lithium recycling. Key metrics included the pilot facility's consistent 24-hour operational capacity, producing battery-grade lithium carbonate with over 99.5% purity, and the aim to process 3,000 tonnes of black mass annually, with plans to scale up to 10,000 tonnes. Financially, CFO Judd Merrill noted a quarterly net loss of $5.2 million, with operational costs at $1.6 million, and highlighted a reverse stock split to meet NASDAQ requirements. The company is focused on securing both short-term and long-term financing, with multiple term sheets in place, and aims to commission its Sierra ARC facility within 2 to 3 quarters, contingent on funding.Pilot Facility Achievements
The pilot facility consistently achieved 24-hour operational capacity, producing high-purity battery-grade lithium carbonate with over 99.5% purity. This is a critical validation of Aqua Metals' lithium AquaRefining process.
Strategic Financing Progress
Aqua Metals secured multiple term sheets for capital commitments, including a substantial capital commitment for the growth plans and a commercial supply agreement with a leading battery materials manufacturer.
Cost Efficiency and Environmental Benefits
AquaRefining technology is more capital and operating cost-efficient, eliminating waste streams and reducing environmental impacts through decarbonization. This positions Aqua Metals as a low-cost producer.
Positive Commercial Engagements
Aqua Metals has been engaging with OEMs and battery manufacturers, with positive feedback on the quality of recycled lithium carbonate. They are positioned as a leader in North American battery-grade lithium carbonate production.
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AQMS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AQMS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $1.91 | $1.67 | -12.57% |
| Aug 05, 2024 | $5.96 | $3.77 | -36.74% |
| May 15, 2024 | $8.02 | $8.75 | +9.10% |
| Mar 27, 2024 | $10.46 | $10.76 | +2.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Aqua Metals (AQMS) report earnings?
Aqua Metals (AQMS) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Aqua Metals (AQMS) earnings time?
Aqua Metals (AQMS) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AQMS EPS forecast?
Currently, no data Available
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