WinstonWınston

This company is no longer publicly traded

Delisted / no longer publicly traded (per market data provider) Any Winston Score and financials shown below are based on the last available data and should be treated as historical — they are no longer updated.

Delisted: April 13, 2026

HFactor logo

HFactor

HWTR
26
Real Estate - Services · Real Estate
Price
$0.23
+0.00 (+0.00%)
Market Cap
$11.6M
Winston Score
26
Winston is worried
Below-average fundamentals — multiple weak pillars.

Share count rising — dilution

+9.1% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 44.1M (2018) → 48.1M (2022)

HFactor, Inc. is a small consumer beverage company that sells hydrogen-infused water products. Its main product is bottled water that has extra hydrogen gas added to it, marketed to health-conscious consumers and athletes. The company sells through retail stores, gyms, and online channels across the United States.

HFactor makes money by selling its bottled water products directly to retailers and consumers. It is a very small company with a market cap near zero, meaning it generates little revenue relative to its costs — its operating margin of negative 100% shows it is spending far more than it earns. The biggest risk the company faces is simply surviving long enough to grow sales, as it competes against large, well-funded beverage brands with much greater distribution and brand recognition.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-37.0% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+81.1% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (1%)

Research and development spending

Insider Activity

49.8%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$124,708 cash & investments

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

HFactor's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
59.4%
Premium pricing power — 59.4% gross margin
Operating Margin
-80.7%
Losing money on operations — -80.7%
ROCE
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
-19.0%
Shrinking sales (-19.0% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
-44%
Weak — only -44% of profit becomes cash
FCF Margin
-29.4%
Burning cash (-29.4%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
N/A
Data not available
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
15.8x
Fair value — P/E 15.8

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial