WFTSF - Wavefront Technology Solutions Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0394
0.0000 (0.00%)
As of 3:55PM EDT. Market open.
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close0.0394
Open0.0394
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0394 - 0.0394
52 Week Range0.0394 - 0.1600
Volume3,000
Avg. Volume2,290
Market Cap4.607M
Beta (5Y Monthly)1.37
PE Ratio (TTM)N/A
EPS (TTM)-0.0160
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
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    • GlobeNewswire

      Wavefront Announces First Quarter 2020 Financial Results

      EDMONTON, Alberta, Jan. 29, 2020 -- Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQB: WFTSF), an oil field service provider focused on offering.

    • GlobeNewswire

      Wavefront Enters Into New Two Year General Services Agreement With a Houston-Based Oil and Gas Producer

      OTCQX: WFTSF) a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil Recovery (“IOR/EOR”) is pleased to announce that the Company’s USA subsidiary has entered into a two (2) year General Services Agreement (the “Agreement”) with a Houston based oil and gas producer (the “Client”). Under the terms of the Agreement, the Client and Wavefront have agreed to a minimum guaranteed aggregate amount of US $4 million over the two (2) year period where the Company will provide Powerwave tools and field services (the “Services”) to the Client at its request in various locations throughout the intercontinental United States of America. The Company accounts for its revenue contracts using the percentage of completion method, which is based on the time of the tool rental and the underlying technology’s licensing term.

    • GlobeNewswire

      Wavefront Renews Exclusive Powerwave Distribution Agreement in the Kingdom of Saudi Arabia

      OTCQX: WFTSF), a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil Recovery (“IOR/EOR”), is pleased to announce that the Company has renewed, for an additional one year term ending August 2020, its Powerwave Distribution Agreement (the “Agreement”) with its local distribution partner (the “Distributor”) in the Kingdom of Saudi Arabia. Under the terms of the Agreement, the Distributor and Wavefront have agreed to a minimum aggregate amount of approximately $1 million for the exclusive rights to Wavefront’s Powerwave Odyssey tool for deep matrix acid stimulation (≥24”) and to the Powerwave Self-Adjusting Nozzle for wellbore cleaning and near wellbore stimulation (≤6”). The Company accounts for its revenue contracts using the percentage of completion method, which is based on the time of the tool rental and the underlying technology’s licensing term.

    • GlobeNewswire

      Wavefront Announces Third Quarter 2019 Financial Results

      Revenues for the nine months ended May 31, 2019, amounted to $2,669,961 an increase of $411,558 or 18.2% from the comparative reporting period revenues of $2,258,403. Of the revenues for the reporting quarter, $2,410,018 relates to Powerwave well stimulations. Costs of sales for the nine month period ended May 31, 2019 were $314,331 or 11.8% of revenues (May 31, 2018 - $401,140 or 17.8% of revenues).  General and administrative, sales and marketing, research and development, loss on disposal of property, plant and equipment, and amortization and depreciation expenses for the nine months ended May 31, 2019, aggregated to $2,733,339, compared to $3,159,415 in May 31, 2018.

    • GlobeNewswire

      Wavefront Seeks TSX Venture Exchange Approval on Warrant Terms

      EDMONTON, Alberta, July 02, 2019 -- Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQX: WFTSF), a global leader in the advancement of fluid.

    • GlobeNewswire

      Wavefront Corporate Update 

      EDMONTON, Alberta, June 04, 2019 -- Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQX: WFTSF) a global leader in the advancement of fluid.

    • GlobeNewswire

      Wavefront Announces Second Quarter 2019 Financial Results

      OTCQX: WFTSF), the industry leader in the advancement of dynamic fluid flow technology for optimized oil and gas well stimulation and Improved/Enhanced Oil (“IOR/EOR”) recovery announces its financial results for the second quarter ending February 28, 2019. Of the revenues for the reporting quarter, $815,885 relates to Powerwave stimulations, with $683,419 of those revenues being derived from the Middle East. The net loss for the quarter ended February 28, 2019 decreased by $267,272 or 52.3% to $243,823 (or basic and diluted net loss of $0.003 per share), compared to $511,095 (or basic and diluted net loss of $0.006 per share) for the comparative quarter ended February 28, 2018.