r/pennystocks - 2025-07-10 09:15 - Score: 28 - Comments: 23
Been looking into $WATT (Energous Corp) recently. It’s a tiny wireless power company, and I’m not saying it’s the next big thing, but a few updates caught my eye and I’m considering a small position.
•They pre-announced record Q2 revenue and their lowest net loss in 10 years. Also paid off some high-interest debt.
•Signed a multi-phase contract with a Fortune 10 U.S. retailer (rumored to be Walmart), with rollout across 4,700 stores.
•Raised $13.4M YTD, so they’re not completely out of cash at l...
