Rainmaker Worldwide Inc. (OTC: RAKR) is a water technology company that develops and deploys energy-efficient freshwater production and purification systems. Revenue comes from project-based and distribution arrangements tied to its Air-to-Water systems, which extract potable water from atmospheric humidity, and its wastewater and seawater purification equipment. The company became publicly traded on July 3, 2017, following a reverse merger, and is incorporated in Nevada with operational roots in an Ontario-based subsidiary, Rainmaker Worldwide Inc. (Ontario), established in 2014. RAKR generated $143,725 in revenue for the year ended December 31, 2024, compared to $78,912 for the year ended December 31, 2023, and recorded a net loss of $1,056,242 for FY2024. The company holds a 40% interest in its Ontario subsidiary following the sale of a 60% stake on March 31, 2023, and that subsidiary acquired a 60% stake in Miranda Environmental and Water Treatment Technologies on January 22, 2024. Total net assets were $50,116 as of December 31, 2024. The company has disclosed going-concern conditions and depends on external capital raises to fund operations.

Revenue model

Project-based and distribution revenue from Air-to-Water systems and water purification equipment, routed through independent distributors and project developers. Revenue is early-stage: $143,725 in FY2024 and $78,912 in FY2023, per the 10-K filed 2025-03-31.

Products and services

Air-to-Water (AW) systems that harvest fresh water from atmospheric humidity using heating and cooling technologies. Wastewater and seawater purification systems, including technology acquired through Miranda Environmental and Water Treatment Technologies (60% stake acquired January 22, 2024). Systems are described as compact, scalable, and capable of decentralized deployment using up to 50% less power than stated peer competitors.

Customers and end markets

Communities and industrial customers in water-stressed regions, with target geographies including North Africa, the Middle East, India, Mexico, South America, and island geographies, as cited in the 10-K filed 2025-03-31. No specific customer names or concentration data are disclosed in the filing excerpts.

Value-chain role

Technology developer and equipment provider operating at the production and purification layer of the water supply chain. Future sales are expected to be driven by independent distributors and project developers. Operations as of the FY2024 filing have been focused on business development, market research, and technology R&D.

Geographic exposure

Global target market with focus on water-stressed regions: North Africa, Middle East, India, Mexico, South America, and island geographies. Corporate structure spans Nevada (incorporation), Ontario, Canada (subsidiary RWI), and Miranda's operations. No country-level revenue breakdown is disclosed in the filing excerpts.

Source: SEC 10-K, filed 2025-03-31

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