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About Enwave
Its shares trade on TSX Venture under the ticker ENW.V. It has been listed since 18 March 1997. In the fiscal year to 30 September 2025, it reported revenue of C$13.8m and a net loss of C$418,000. At that date it held total assets of C$18.5m and shareholders' equity of C$12.0m.
EnWave Corp. is a technology company, which engages in the development of Radiant Energy Vacuum (REV), a proprietary method for the dehydration of organic materials. The company is headquartered in Delta, British Columbia. The company has developed Radiant Energy Vacuum (REV) technology, which is a rapid, low temperature drying method. REV technology allows for drying that preserves flavor, color, and nutrients for premium snacks, meals and ingredients. REV technology enables food processors to produce products that retain nutritive value, concentrated natural flavor, bright colors, texture, and physical attributes, such as puffing. Its vacuum-microwave technology enables uniform drying with flexible moisture content unattainable with Freeze Drying or Air Drying. Its REVworx is a toll processing facility that offers vacuum-microwave contract manufacturing services. The company has two commercial REV platforms: nutraREV, which is a drumbased system that dehydrates organic materials and quantaREV, a tray-based system. The firm has various applications across industries, which include food & ingredients, pharmaceuticals and cannabis & hemp.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 18 Mar 1997
- Employees
- 31
- Website
- enwave.net ↗
Leadership
Pay as last reported
- Mr. John BudreskiExecutive Chairman of the Board, since 2014C$36,000
- Mr. Brent CharletonPresident, Chief Executive Officer, Director, since 2017C$375,000
- Mr. Dylan MurrayChief Financial Officer, Corporate SecretaryC$320,000
- Mr. Pablo CussattiIndependent DirectorC$20,000
- Ms. Louise LalondeIndependent Director
- Mr. Patrick TurpinIndependent DirectorC$20,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- REV technology preserves flavor, color, and nutrients for premium snacks and meals.
- REVworx offers vacuum-microwave contract manufacturing services for various industrial clients.
- Two commercial platforms, nutraREV and quantaREV, serve diverse dehydration needs.
Weaknesses
- The company employs only 31 full-time staff members globally.
- Operations are concentrated in Delta, British Columbia, limiting local reach.
- Revenue sources depend heavily on specific niche industrial applications.
Opportunities
- Expanding into the pharmaceutical industry for specialized ingredient processing.
- Growing demand in the cannabis and hemp sectors for drying.
- Food processors seek uniform drying with flexible moisture content.
Threats
- Freeze Drying and Air Drying remain established alternatives for competitors.
- Market adoption depends on food processors accepting new technology.
- Regulatory changes in pharmaceuticals could impact processing standards.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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