Quest Water Global, Inc.

What they do

Quest Water Global designs and sells decentralized, solar-powered water purification and distribution systems, primarily the AQUAtap Community Water Purification & Distribution system and the WEPS atmospheric water extraction system. The company targets water-scarce regions in North America, Latin America, the Caribbean, Africa, and Bangladesh, with a focus on the Democratic Republic of the Congo and South Africa. Operations are conducted through subsidiaries including Quest NV and Quest Water Solutions Inc., which handles design and manufacturing, and AQUAtap Global, Inc., which coordinates safe water partnerships.

Revenue drivers

• AQUAtap Community Water Purification & Distribution system — Primary product; solar-powered purification and distribution units sold to end users and through distributors. Revenue has been negligible, with no revenue reported in recent quarters.
• WEPS (Water Extraction and Purification System) — Proprietary system that extracts water from atmospheric humidity; part of the product line but no significant revenue contribution has been reported.
• Safe water partnerships — Planned partnerships through AQUAtap Global, Inc. to establish country-specific entities for clean water initiatives; no revenue generated from these yet.
• Corporate sales, marketing, and distributor network — Quest BC sells water technology products directly to end users and through global distributors and agents; historically contributed to limited revenue.

Recent performance

For the three months ended September 30, 2025, the company generated no revenue and incurred $291,413 in total expenses, including $153,750 in management fees and $120,311 in marketing expenses. Full-year net losses have persisted: $596,013 in 2023 and $757,611 in 2024, with a cumulative deficit reflected in negative shareholder equity of -$2.9 million as of September 30, 2025, against total assets of $72,794.

Strategy

Management focuses on forming safe water partnerships, particularly in Africa, Latin America, and the Caribbean, to deploy AQUAtap systems. AQUAtap Global, Inc., incorporated in July 2021, is intended to coordinate these partnerships and engage local entities to establish public-private partnerships with NGOs, investors, and governments. Quest BC remains the technology provider for design, engineering, and manufacturing.

Risks

• No revenue and history of losses — The company has not generated any revenue in recent quarters and has reported net losses every year since at least 2020, with 2024 net loss of $757,611.
• Negative shareholder equity — As of September 30, 2025, total liabilities of $3.0 million exceed total assets of $72,794, resulting in shareholder equity of -$2.9 million, indicating financial distress.
• Going concern uncertainty — Management states that the ability to generate revenues in the next 12 months is uncertain, and substantial losses are expected for the foreseeable future.
• Reliance on partnerships and market adoption — Revenue depends on establishing safe water partnerships and selling AQUAtap systems in emerging markets, which involve complex negotiations and local operational challenges.

Outlook

Management anticipates continued substantial losses and does not expect meaningful revenue in the near term. The company plans to continue developing its partnership model and expanding its presence in target regions, but near-term commercialization remains uncertain.