Detail akcie Cadiz online

Business Summary: Cadiz, Inc. is a California water solutions company dedicated to providing access to clean water for people through a combination of water supply, storage, pipeline and treatment solutions. The Company's segments include Land and Water Resources, and Water Filtration Technology. The Land and Water Resources segment comprises all activities regarding its properties in the eastern Mojave Desert pre-revenue development of the Water Project (supply, storage and conveyance), and agricultural operations. The Water Filtration Technology segment is comprised of ATEC Water Systems LLC, its subsidiary, which provides water filtration solutions for impaired or contaminated groundwater sources. Its portfolio of assets includes around 2.5 million acre-feet of water supply, 220 miles of existing, buried pipeline, 1 million acre-feet of groundwater storage capacity, and versatile and scalable water filtration technology. The Company has approximately 45,000 acres of land in California.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Cadiz Inc revenues increased 33% to $2M. Net loss applicable to common stockholders increased 22% to $36.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Loss on extinguishment increase from $0K to $5.3M (expense), General and administrative increase of 23% to $18.8M (expense).