Air Water Ventures Limited (WATR) Income Statement

NASDAQ: WATRRevenue, profits, margins and EPS over 3 years.

WATR 2025 at a glance

Fiscal year ended December 31, 2025 · U.S. dollars
Revenue+163.6%
$1.4M
2025 · hover or tap a bar for each year
2023: $224,3742024: $518,697 (+131.2%)2025: $1.4M (+163.6%)
20232025
Gross profit
−$3.3M
2025 · hover or tap a bar for each year
2023: −$536,7642024: −$618,3852025: −$3.3M
20232025
Operating income
−$22.2M
2025 · hover or tap a bar for each year
2023: −$3.8M2024: −$10.1M2025: −$22.2M
20232025
Net income
−$27.5M
2025 · hover or tap a bar for each year
2023: −$6.6M2024: −$11.0M2025: −$27.5M
20232025
EPS (diluted)
$0.02
2025 · hover or tap a bar for each year
2024: −$0.352025: $0.02
20232025
Net profit margin+100.6 pts
−2,014.4%
2025 · hover or tap a point for each year
2023: −2,923.4%2024: −2,115.0% (+808.4 pts)2025: −2,014.4% (+100.6 pts)
20232025

WATR revenue and net income

RevenueNet incomeNet margin (right axis)

Where WATR's revenue goes

2025
Revenue
$1.4M100.0%
Cost of revenue
−$4.7M−344.1%
Gross profit
−$3.3M−244.1%
Sales, general & admin
−$18.0M−1,314.9%
Other operating expenses
−$5.6M−406.9%
Operating income
−$22.2M−1,621.7%
Interest & other expense
−$5.4M−392.7%
Net income
−$27.5M−2,014.4%

Each bar shows an amount and its share of revenue. WATR kept −2,014.4% of revenue as net income.

WATR profit margins

GrossOperatingNet

WATR growth rates

to 2025
1 year3 years5 years10 years
Revenue+163.6%———
Gross profit————
Operating income————
Net income————
EPS (diluted)————

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

WATR income statement

Air Water Ventures Limited annual income statement
202520242023
Revenue$1.4M$518,697$224,374
Cost of revenue$4.7M$1.1M$761,138
Gross profit−$3.3M−$618,385−$536,764
Sales, general & admin$18.0M$8.9M$3.0M
Total operating expenses$23.5M$10.6M$4.1M
Operating income−$22.2M−$10.1M−$3.8M
Interest income$75,208$214,159$0
Interest expense$4.9M$227,301$321,867
Income before taxes−$27.5M−$11.0M−$6.6M
Net income−$27.5M−$11.0M−$6.6M
EBITDA−$20.2M−$10.2M−$6.1M
EPS (diluted)$0.02−$0.35—
Gross margin−244.1%−119.2%−239.2%
Operating margin−1,621.7%−1,947.6%−1,706.3%
Net margin−2,014.4%−2,115.0%−2,923.4%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WATR's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.

WATR financial results

In fiscal year 2025 (ended December 31, 2025), Air Water Ventures reported revenue of $1.4 million, up 163.6% from the year before. It had a net loss of $27.5 million, a net profit margin of −2,014.4%. Diluted earnings per share came to $0.02.

See the WATR stock overview for the latest quote and news, or the WATR chart for price history and technical indicators.

WATR income statement FAQ

What is Air Water Ventures's annual revenue?

Air Water Ventures reported total revenue of $1.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 163.6% from $0.5 million the previous year.

Is Air Water Ventures profitable?

No. Air Water Ventures reported a net loss of $27.5 million in fiscal 2025, a net profit margin of −2,014.4%; its operating margin was −1,621.7%.

What is Air Water Ventures's gross margin?

Air Water Ventures's gross margin was −244.1% in fiscal 2025: for every $100 of revenue, Air Water Ventures kept $-244 after the direct cost of its products and services.

What are Air Water Ventures's earnings per share?

Air Water Ventures earned $0.02 per diluted share in fiscal 2025, compared with $-0.35 a year earlier.

When does Air Water Ventures's fiscal year end?

Air Water Ventures's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.

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