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Dominion Water Reserves
(OTC:PRME)
Dominion Water Reserves (PRME) vs. S&P 500 (SPY)
Dominion Water Reserves Business Overview & Revenue Model
Dominion Water Reserves Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 1.17M | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 1.17M | -47.25K | -26.13K | -20.79K | -1.57K | EBIT |
| -2.76M | -1.03M | -805.24K | -1.56M | -2.21M | EBITDA |
| -2.58M | -1.01M | -777.48K | -1.53M | -2.21M | Net Income Common Stockholders |
| -3.86M | -1.00M | -810.24K | -1.56M | -5.43M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 550.33K | 2.68M | 2.42M | 197.08K | 124.58K | Total Assets |
| 80.12M | 8.88M | 8.63M | 6.32M | 5.36M | Total Debt |
| 40.27M | 0.00 | 2.78K | 30.14K | 16.51K | Net Debt |
| 39.72M | -2.68M | -2.42M | -166.94K | -108.07K | Total Liabilities |
| 50.68M | 109.52K | 110.06K | 115.79K | 303.55K | Stockholders Equity |
| 29.44M | 8.77M | 8.52M | 6.20M | 5.06M |
| Cash Flow | Free Cash Flow | |||
| -11.79M | -661.54K | -933.53K | -1.10M | -1.38M | Operating Cash Flow |
| -11.79M | -661.54K | -785.74K | -848.32K | -1.15M | Investing Cash Flow |
| 0.00 | 0.00 | -147.80K | -254.53K | 610.82K | Financing Cash Flow |
| 9.67M | 918.82K | 3.16M | 1.18M | 553.97K |
Dominion Water Reserves Technical Analysis
Dominion Water Reserves Peers Comparison
Dominion Water Reserves Corporate Events
Prime Drink Group Corp has announced that its principal creditors have filed an application to appoint a receiver for its subsidiary, Triani Canada Inc, following the termination of forbearance agreements. The company is actively opposing this move and is engaged in negotiations to find a solution that supports long-term stability and growth, aiming to resolve legacy issues and improve profitability.
Spark’s Take on TSE:PRME Stock
According to Spark, TipRanks’ AI Analyst, TSE:PRME is a Neutral.
The overall stock score of 44 reflects significant financial challenges and weak technical indicators, offset somewhat by positive corporate events and strategic initiatives. The company’s ongoing struggles with profitability and negative cash flows, along with a bearish technical outlook, are critical risk factors. However, recent capital raises and restructuring efforts suggest potential for future improvement.
To see Spark’s full report on TSE:PRME stock, click here.
Prime Drink Group Corp. has announced its intention to acquire a 70% interest in Relax Downlow, a Quebec-based brand specializing in recovery functional beverages. This acquisition marks Prime’s entry into the relaxation beverage market, which is projected to grow significantly. The collaboration with NHL star Lane Hutson as the brand ambassador and the strategic marketing efforts by Prime are expected to enhance Relax Downlow’s market presence. The founders of Relax Downlow will retain a minority stake, and the brand will benefit from Prime’s media network, aiming to become a leading name in the sector.
Spark’s Take on TSE:PRME Stock
According to Spark, TipRanks’ AI Analyst, (TSE:PRME) is a Neutral.
The overall stock score of 44 reflects significant financial challenges and weak technical indicators, offset somewhat by positive corporate events and strategic initiatives. The company’s ongoing struggles with profitability and negative cash flows, along with a bearish technical outlook, are critical risk factors. However, recent capital raises and restructuring efforts suggest potential for future improvement.
To see Spark’s full report on (TSE:PRME) stock, click here.
Prime Drink Group Corp. announced the additional and final closing of its non-brokered private placement, raising a total of $1,910,235.60. The company issued 588,000 common shares and 588,000 common share purchase warrants, with proceeds intended for business development and general working capital. Additionally, Prime Drink Group provided corrective disclosure regarding its previous announcement, clarifying the number of warrants issued and the cash finders’ fees paid. This move is expected to bolster the company’s financial position and support its strategic growth initiatives in the beverage and related sectors.
Prime Drink Group Corp has successfully closed a $1.8 million non-brokered private placement, issuing over 10 million common shares and 7 million share purchase warrants. This financing indicates strong investor confidence in Prime’s growth strategy, which focuses on expanding its water, beverage, and influencer media activities. The company plans to use the proceeds for business development and general working capital. Additionally, Jean-Denis Côté has resigned from the Board of Directors to pursue other opportunities.
Prime Drink Group Corp has announced a strategic restructuring of its subsidiary, Triani Canada Inc., aiming to optimize operations and enhance profitability in its bottling activities. This overhaul, led by newly appointed Executive President Garry Turpin, is intended to improve financial performance, reduce costs, and support long-term growth, reinforcing the company’s commitment to its employees, partners, and customers.
Groupe Prime Drink Corp. announced a strategic restructuring of its subsidiary, Triani Canada Inc., to improve the long-term viability and profitability of its bottling operations. This initiative aims to reduce operating costs, enhance cash flow positivity, and ensure sustainable growth, with Garry Turpin appointed as the executive president of Embouteillage Prime to lead this transformation.
Prime Drink Group Corp. has announced plans to capitalize on its Quebec water assets, aiming to enhance Quebec’s economy by better utilizing its abundant water resources. The company’s engagement with provincial ministers underscores its commitment to responsible management and economic development. Additionally, Prime has completed a second tranche of private placement financing, raising a total of $800,000 to support business development and working capital.