Wellchange Holdings（WCT）株式概要ウェルチェンジ・ホールディングス・カンパニー・リミテッドは、その子会社を通じて、香港でエンタープライズ・ソフトウェア・ソリューション・サービス・プロバイダーとして事業を展開している。 詳細WCT ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6リスク分析キャッシュランウェイが1年未満である 過去5年間で収益は年間96.5%減少しました。 意味のある時価総額がありません ( $4M )過去1年間で株主の希薄化は大幅に進んだ +2 さらなるリスクすべてのリスクチェックを見るWCT Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW494,830 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG494,830 investors already sharing narrativesYour Fair ValueUS$Current PriceUS$1.19526.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-7m2m2016201920222025202620282031Revenue US$1.3mEarnings US$157.6kAdvancedSet Fair ValueView all narrativesWellchange Holdings Company Limited 競合他社KindcardSymbol: OTCPK:KCRDMarket cap: US$3.5mHeartCore EnterprisesSymbol: NasdaqCM:HTCRMarket cap: US$4.4mLM Funding AmericaSymbol: NasdaqCM:LMFAMarket cap: US$2.6mLiveWorldSymbol: OTCPK:LVWDMarket cap: US$5.5m価格と性能株価の高値、安値、推移の概要Wellchange Holdings過去の株価現在の株価US$1.1952週高値US$25.0052週安値US$0.90ベータ01ヶ月の変化-15.60%3ヶ月変化-61.11%1年変化-88.94%3年間の変化n/a5年間の変化n/aIPOからの変化-99.42%最新ニュースお知らせ • Jun 17Wellchange Holdings Company Limited Announces Board and Committee ChangesOn June 9, 2026, the board of directors of Wellchange Holdings Company Limited resolved to remove Mr. Wang Yiyun and Mr. Liu Jun as directors of the Company, effective June 9, 2026. Prior to his removal, Mr. Wang Yiyun served as Chair of the Compensation Committee and as a member of the Audit Committee and the Nominating and Corporate Governance Committee, and Mr. Liu Jun served as a member of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee. Following their removal, neither Mr. Wang Yiyun nor Mr. Liu Jun serves as a member of the Board or on any committee of the Board. Following the removals described above and the appointment of Mr. Lau Yun Chau and Mr. Lau Chun as independent directors (effective June 10, 2026), the Board consists of the following six directors: Mr. Shek Kin Pong (Chairman and Chief Executive Officer), Mr. Tang Chi Hin (Executive Director), Mr. Shi Zhu, Ms. Chung Hiu Tung, Mr. Lau Yun Chau and Mr. Lau Chun. Each of Mr. Shi Zhu, Ms. Chung Hiu Tung, Mr. Lau Yun Chau and Mr. Lau Chun is an independent director, and the Board continues to be composed of a majority of independent directors. The committees of the Board, as reconstituted following the foregoing changes, are composed as follows. The Audit Committee comprises Ms. Chung Hiu Tung (Chair), Mr. Lau Yun Chau and Mr. Lau Chun. The Compensation Committee comprises Mr. Lau Chun (Chair), Ms. Chung Hiu Tung and Mr. Lau Yun Chau. The Nominating and Corporate Governance Committee comprises Mr. Lau Yun Chau (Chair), Ms. Chung Hiu Tung and Mr. Lau Chun. Mr. Lau Chun has assumed the committee positions previously held by Mr. Wang Yiyun, including the chair of the Compensation Committee, and Mr. Lau Yun Chau has assumed the committee positions previously held by Mr. Liu Jun.お知らせ • Jun 12Wellchange Holdings Company Limited, Annual General Meeting, Jul 06, 2026Wellchange Holdings Company Limited, Annual General Meeting, Jul 06, 2026, at 10:00 China Standard Time. Location: unit 7 on 25th floor, global gateway tower, no. 63 wing hong street, kowloon, Hong Kongお知らせ • May 01Wellchange Holdings Company Limited announced delayed 20-F filingOn 04/30/2026, Wellchange Holdings Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.お知らせ • Mar 28Wellchange Holdings Company Limited Announces Board and Committee ChangesOn March 26, 2026, the board of directors of Wellchange Holdings Company Limited (the “Company”) (the “Board) appointed Ms. Chung Hiu Tung (“Ms. Chung”) as an independent director, the chairwoman of the Audit Committee, and a member of Compensation and nominating Committee of the Company”. Ms. Chung Hiu Tung, Rachel is an accounting professional with approximately 10 years of experience in audit, financial reporting and accounting advisory. From December 2019 to October 2024, she served as Manager at Elite Partners CPA Limited, where she was responsible for performing audit work, preparing financial statements for listed and private companies, supervising audit teams, and communicating with clients and independent professional parties. From October 2016 to December 2019, she served as Senior Accountant II at HLB Hodgson Impey Cheng Limited, where she performed audit work, prepared financial statements, supervised engagement teams, and participated in IPO-related reporting on the GEM Board. From June 2015 to September 2016, she served as Audit Junior at LKKC CPA Limited, where she performed audit work for private companies and prepared tax computations and submissions to the Inland Revenue Department. Ms. Chung received a Bachelor of Business Administration (Honours) in Accounting from The Open University of Hong Kong in 2015 and a Higher Diploma in Business (Accounting and Financial Planning) from HKU SPACE Po Leung Kuk Community College in 2013. She has been a member of the Hong Kong Institute of Certified Public Accountants since May 3, 2023. On March 26, 2026 , Mr. Michael Chung Fai Ng notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on March 26, 2026.お知らせ • Mar 26Wellchange Holdings Company Limited Announces Strategic Development of Next-Generation AI Bookkeeping and Bank Statement Intelligence PlatformWellchange Holdings Company Limited announced the strategic development of a next-generation AI-powered bookkeeping and bank statement intelligence platform designed to enhance how businesses, accountants, and auditors manage financial data, and to complement the Company’s existing software-as-a-service platform business. The integrated solution is currently undergoing testing and is scheduled for commercial launch in the second quarter of 2026, subject to development progress and market conditions. The platform combines automated AI bookkeeping with intelligent bank statement reconciliation, aiming to reduce manual accounting work, improve audit readiness, and enhance financial accuracy across organizations of all sizes. WCT’s AI accounting ecosystem builds upon its existing technology foundations, including Quickstart Bookkeeping, an AI-driven bookkeeping application, and Bankcel AI, an intelligent reconciliation engine designed to automate bank statement analysis and matching. Key Platform Highlights: AI-driven bookkeeping automation with real-time transaction classification and ledger generation; Intelligent bank statement reconciliation to accelerate matching and discrepancy detection; Audit-ready financial data architecture designed to improve compliance and traceability; Scalable integration with existing accounting workflows and banking data sources; Improved efficiency, accuracy, and transparency in financial reporting.お知らせ • Mar 06Wellchange Holdings Company Limited Announces Directorate and Committee Changes,Effective February 25, 2026Wellchange Holdings Company Limited appointed Mr. Jun Liu as an independent director, and a member of audit committee, compensation committee and nomination committee of the Company, effective February 25, 2026. Mr. Liu is a senior financial management executive with more than 20 years of experience in finance, investment and asset management. Since January 2021, he has served as General Manager of Hunan Shenghong Private Fund Management Co. Ltd., where he is responsible for financial management and audit oversight. From June 2017 to December 2020, he served as Deputy General Manager of Zhuhai Jingxiang Investment Management Co. Ltd., overseeing finance, risk control and compliance matters. From June 2007 to May 2017, he served as Manager of the Finance Department at GF Securities Guangzhou Xinde Investment Management Co. Ltd. Mr. Liu received a master's degree in accounting from Xiamen University in June 2006 and a bachelor's degree in financial management from Hunan University of Commerce (now Hunan University of Technology and Business) in June 2002. Wellchange Holdings Company Limited appointed Ms. Yiyun Wang as an independent director, the chairman of the compensation committee of the Company, and a member of nominating and audit committee, effective February 25, 2026. Ms. Wang is a legal and compliance professional with a multidisciplinary background in law and financial risk management. Since July 2021, she has served as Legal Director of Hunan Shenghong Fund Management Co. Ltd., where she is responsible for risk assessment of investment targets, review of due diligence reports, and compliance review of business models. From January 2019 to June 2021, she served as a practicing attorney at Guangdong Yiyue Law Firm, focusing on corporate legal affairs and providing legal services in corporate governance, contract review, and investment and financing compliance matters. Ms. Wang obtained a Master of Laws degree from Northeastern University in 2007 and a bachelor's degree in mechanical engineering design and Automation from Northeastern University in 2004. She obtained her PRC Legal Professional Qualification in 2010 and received a Business Planner Certification issued by the Ministry of Human Resources and Social Security in 2015. Wellchange Holdings Company Limited announced that on February 26, 2026, Mr. Lau Yun Chau and Mr. Chu Chi Hong each notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on February 26, 2026.最新情報をもっと見るRecent updatesお知らせ • Jun 17Wellchange Holdings Company Limited Announces Board and Committee ChangesOn June 9, 2026, the board of directors of Wellchange Holdings Company Limited resolved to remove Mr. Wang Yiyun and Mr. Liu Jun as directors of the Company, effective June 9, 2026. Prior to his removal, Mr. Wang Yiyun served as Chair of the Compensation Committee and as a member of the Audit Committee and the Nominating and Corporate Governance Committee, and Mr. Liu Jun served as a member of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee. Following their removal, neither Mr. Wang Yiyun nor Mr. Liu Jun serves as a member of the Board or on any committee of the Board. Following the removals described above and the appointment of Mr. Lau Yun Chau and Mr. Lau Chun as independent directors (effective June 10, 2026), the Board consists of the following six directors: Mr. Shek Kin Pong (Chairman and Chief Executive Officer), Mr. Tang Chi Hin (Executive Director), Mr. Shi Zhu, Ms. Chung Hiu Tung, Mr. Lau Yun Chau and Mr. Lau Chun. Each of Mr. Shi Zhu, Ms. Chung Hiu Tung, Mr. Lau Yun Chau and Mr. Lau Chun is an independent director, and the Board continues to be composed of a majority of independent directors. The committees of the Board, as reconstituted following the foregoing changes, are composed as follows. The Audit Committee comprises Ms. Chung Hiu Tung (Chair), Mr. Lau Yun Chau and Mr. Lau Chun. The Compensation Committee comprises Mr. Lau Chun (Chair), Ms. Chung Hiu Tung and Mr. Lau Yun Chau. The Nominating and Corporate Governance Committee comprises Mr. Lau Yun Chau (Chair), Ms. Chung Hiu Tung and Mr. Lau Chun. Mr. Lau Chun has assumed the committee positions previously held by Mr. Wang Yiyun, including the chair of the Compensation Committee, and Mr. Lau Yun Chau has assumed the committee positions previously held by Mr. Liu Jun.お知らせ • Jun 12Wellchange Holdings Company Limited, Annual General Meeting, Jul 06, 2026Wellchange Holdings Company Limited, Annual General Meeting, Jul 06, 2026, at 10:00 China Standard Time. Location: unit 7 on 25th floor, global gateway tower, no. 63 wing hong street, kowloon, Hong Kongお知らせ • May 01Wellchange Holdings Company Limited announced delayed 20-F filingOn 04/30/2026, Wellchange Holdings Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.お知らせ • Mar 28Wellchange Holdings Company Limited Announces Board and Committee ChangesOn March 26, 2026, the board of directors of Wellchange Holdings Company Limited (the “Company”) (the “Board) appointed Ms. Chung Hiu Tung (“Ms. Chung”) as an independent director, the chairwoman of the Audit Committee, and a member of Compensation and nominating Committee of the Company”. Ms. Chung Hiu Tung, Rachel is an accounting professional with approximately 10 years of experience in audit, financial reporting and accounting advisory. From December 2019 to October 2024, she served as Manager at Elite Partners CPA Limited, where she was responsible for performing audit work, preparing financial statements for listed and private companies, supervising audit teams, and communicating with clients and independent professional parties. From October 2016 to December 2019, she served as Senior Accountant II at HLB Hodgson Impey Cheng Limited, where she performed audit work, prepared financial statements, supervised engagement teams, and participated in IPO-related reporting on the GEM Board. From June 2015 to September 2016, she served as Audit Junior at LKKC CPA Limited, where she performed audit work for private companies and prepared tax computations and submissions to the Inland Revenue Department. Ms. Chung received a Bachelor of Business Administration (Honours) in Accounting from The Open University of Hong Kong in 2015 and a Higher Diploma in Business (Accounting and Financial Planning) from HKU SPACE Po Leung Kuk Community College in 2013. She has been a member of the Hong Kong Institute of Certified Public Accountants since May 3, 2023. On March 26, 2026 , Mr. Michael Chung Fai Ng notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on March 26, 2026.お知らせ • Mar 26Wellchange Holdings Company Limited Announces Strategic Development of Next-Generation AI Bookkeeping and Bank Statement Intelligence PlatformWellchange Holdings Company Limited announced the strategic development of a next-generation AI-powered bookkeeping and bank statement intelligence platform designed to enhance how businesses, accountants, and auditors manage financial data, and to complement the Company’s existing software-as-a-service platform business. The integrated solution is currently undergoing testing and is scheduled for commercial launch in the second quarter of 2026, subject to development progress and market conditions. The platform combines automated AI bookkeeping with intelligent bank statement reconciliation, aiming to reduce manual accounting work, improve audit readiness, and enhance financial accuracy across organizations of all sizes. WCT’s AI accounting ecosystem builds upon its existing technology foundations, including Quickstart Bookkeeping, an AI-driven bookkeeping application, and Bankcel AI, an intelligent reconciliation engine designed to automate bank statement analysis and matching. Key Platform Highlights: AI-driven bookkeeping automation with real-time transaction classification and ledger generation; Intelligent bank statement reconciliation to accelerate matching and discrepancy detection; Audit-ready financial data architecture designed to improve compliance and traceability; Scalable integration with existing accounting workflows and banking data sources; Improved efficiency, accuracy, and transparency in financial reporting.お知らせ • Mar 06Wellchange Holdings Company Limited Announces Directorate and Committee Changes,Effective February 25, 2026Wellchange Holdings Company Limited appointed Mr. Jun Liu as an independent director, and a member of audit committee, compensation committee and nomination committee of the Company, effective February 25, 2026. Mr. Liu is a senior financial management executive with more than 20 years of experience in finance, investment and asset management. Since January 2021, he has served as General Manager of Hunan Shenghong Private Fund Management Co. Ltd., where he is responsible for financial management and audit oversight. From June 2017 to December 2020, he served as Deputy General Manager of Zhuhai Jingxiang Investment Management Co. Ltd., overseeing finance, risk control and compliance matters. From June 2007 to May 2017, he served as Manager of the Finance Department at GF Securities Guangzhou Xinde Investment Management Co. Ltd. Mr. Liu received a master's degree in accounting from Xiamen University in June 2006 and a bachelor's degree in financial management from Hunan University of Commerce (now Hunan University of Technology and Business) in June 2002. Wellchange Holdings Company Limited appointed Ms. Yiyun Wang as an independent director, the chairman of the compensation committee of the Company, and a member of nominating and audit committee, effective February 25, 2026. Ms. Wang is a legal and compliance professional with a multidisciplinary background in law and financial risk management. Since July 2021, she has served as Legal Director of Hunan Shenghong Fund Management Co. Ltd., where she is responsible for risk assessment of investment targets, review of due diligence reports, and compliance review of business models. From January 2019 to June 2021, she served as a practicing attorney at Guangdong Yiyue Law Firm, focusing on corporate legal affairs and providing legal services in corporate governance, contract review, and investment and financing compliance matters. Ms. Wang obtained a Master of Laws degree from Northeastern University in 2007 and a bachelor's degree in mechanical engineering design and Automation from Northeastern University in 2004. She obtained her PRC Legal Professional Qualification in 2010 and received a Business Planner Certification issued by the Ministry of Human Resources and Social Security in 2015. Wellchange Holdings Company Limited announced that on February 26, 2026, Mr. Lau Yun Chau and Mr. Chu Chi Hong each notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on February 26, 2026.お知らせ • Feb 14Wellchange Holdings Company Limited Removes Fang Li Chieh as Director, Effective February 13, 2026On February 13, 2026, the board of directors (“Board”) of Wellchange Holdings Company Limited approved the removal of Ms. Fang Li Chieh (“Ms. Fang”) as a director of the Company, effective as of February 13, 2026. In connection with her removal, Ms. Fang’s director offer letter terminated effective as of such date. Ms. Fang’s removal was not the result of any disagreement between Ms. Fang and the Company on any matter relating to the Company’s operations, policies or practices.New Risk • Feb 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 84% per year over the past 5 years. Shareholders have been substantially diluted in the past year (231% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$2.4m revenue). Market cap is less than US$100m (US$21.3m market cap).Reported Earnings • Oct 20First half 2025 earnings released: US$0.067 loss per share (vs US$0.019 profit in 1H 2024)First half 2025 results: US$0.067 loss per share (down from US$0.019 profit in 1H 2024). Revenue: US$1.20m (up 13% from 1H 2024). Net loss: US$2.97m (down US$3.35m from profit in 1H 2024).Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Jul 21Wellchange Holdings Company Limited, Annual General Meeting, Aug 07, 2025Wellchange Holdings Company Limited, Annual General Meeting, Aug 07, 2025, at 14:30 China Standard Time. Location: unit e, 11/f, billion plaza ii, 10 cheung yue street cheung sha wan, kowloon, hong kong, Hong Kongお知らせ • Jun 21+ 1 more updateWellchange Holdings Company Limited Announces CFO ChangesOn June 13, 2025, Mr. Au Ho Chi notified Wellchange Holdings Company Limited of his resignation as Chief Financial Officer, effective upon the Board of Directors approving the Company’s acceptance of his resignation notice, which occurred on June 18, 2025. On June 18, 2025, the Board of Directors ratified and approved the appointment of Mr. Chan Siu Leung, Gary as Chief Financial Officer of the Company, effective June 15, 2025. Mr. Chan Siu Leung, Gary has over 15 years of experience in accounting, auditing, and financial reporting. He is a member of the Hong Kong Institute of Certified Public Accountants (HKICPA) since 2015 and holds a Bachelor of Business degree with a major in Accounting from Southern Cross University. Mr. Chan began his career at WPG Electronics (HK) Limited and held progressively senior roles in auditing and accounting at firms including KND & Co. CPA Limited, Tender Accounting Services Limited, and HLB Hodgson Impey Cheng Limited, where he served as Senior Accountant II. From 2020 till 2025, Mr. Chan served as the Accounting Manager at LTC Management Limited, where he is responsible for preparing consolidated financial statements, audit reports, cost budgets, profit forecasts, and internal control reports for a range of clients. He has strong expertise in group consolidation, financial forecasting, and internal controls, and is proficient in Oracle and SAP systems.お知らせ • May 02Wellchange Holdings Company Limited announced delayed 20-F filingOn 05/01/2025, Wellchange Holdings Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$1.79, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 41x in the Software industry in the US.Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improves as stock rises 26%After last week's 26% share price gain to US$1.39, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 40x in the Software industry in the US.お知らせ • Dec 24Wellchange Holdings Company Limited has filed a Follow-on Equity Offering in the amount of $10 million.Wellchange Holdings Company Limited has filed a Follow-on Equity Offering in the amount of $10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 25,000,000 Price\Range: $0.4 Discount Per Security: $0.024Reported Earnings • Dec 20First half 2024 earnings released: EPS: US$0.023 (vs US$0.023 in 1H 2023)First half 2024 results: EPS: US$0.023 (in line with 1H 2023). Revenue: US$1.06m (down 10% from 1H 2023). Net income: US$450.2k (down 3.1% from 1H 2023). Profit margin: 42% (up from 39% in 1H 2023). The increase in margin was driven by lower expenses.New Risk • Dec 18New major risk - Revenue and earnings growthRevenue has declined by 3.7% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Revenue has declined by 3.7% over the past year. High level of non-cash earnings (56% accrual ratio). Minor Risks Revenue is less than US$5m (US$2.4m revenue). Market cap is less than US$100m (US$21.7m market cap).Valuation Update With 7 Day Price Move • Dec 17Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$1.02, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 41x in the Software industry in the US.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 43%After last week's 43% share price decline to US$1.98, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 42x in the Software industry in the US.New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$87.6m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). High level of non-cash earnings (36% accrual ratio). Minor Risks Revenue is less than US$5m (US$2.5m revenue). Market cap is less than US$100m (US$87.6m market cap).Board Change • Oct 02No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.株主還元WCTUS SoftwareUS 市場7D2.6%4.9%1.6%1Y-88.9%-21.4%18.6%株主還元を見る業界別リターン: WCT過去 1 年間で-21.4 % の収益を上げたUS Software業界を下回りました。リターン対市場: WCTは、過去 1 年間で18.6 % のリターンを上げたUS市場を下回りました。価格変動Is WCT's price volatile compared to industry and market?WCT volatilityWCT Average Weekly Movement57.8%Software Industry Average Movement10.2%Market Average Movement7.3%10% most volatile stocks in US Market16.7%10% least volatile stocks in US Market3.2%安定した株価: WCTの株価は、 US市場と比較して過去 3 か月間で変動しています。時間の経過による変動: WCTの 週次ボラティリティ は、過去 1 年間で31%から58%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト20118Kin Pong Shekwww.wchingtech.comウェルチェンジ・ホールディングス・カンパニー・リミテッドは、子会社を通じて、香港においてエンタープライズ向けソフトウェアソリューションのプロバイダーとして事業を展開しています。同社は、オーダーメイドのソフトウェアソリューション、クラウドベースのSaaS（Software-as-a-Service）ソリューション、およびホワイトラベルのソフトウェア設計・開発サービスを提供しています。 また、同社は、財務・会計、調達、製造、在庫管理、受注管理、倉庫管理、サプライチェーン管理、顧客関係管理（CRM）、専門業務自動化（PSA）、プロジェクト・ファイル管理、人事管理、 電子商取引、マーケティングオートメーションなどのバックオフィスおよびフロントオフィス機能を支援する、サブスクリプションサービス型のクラウドベースSaaSエンタープライズリソースプランニング（ERP）ソフトウェアプラットフォーム「MR. CLOUD」を運営しています。さらに、デスクトップソフトウェア開発サービス、ウェブサイトおよびモバイルアプリケーション開発サービスを含むITソフトウェアを提供しています。同社は中小企業および法人顧客を対象としています。2011年に設立され、香港の長沙湾に拠点を置いています。 Wellchange Holdings Company Limitedは、Power Smart International Limitedの子会社として事業を展開しています。もっと見るWellchange Holdings Company Limited 基礎のまとめWellchange Holdings の収益と売上を時価総額と比較するとどうか。WCT 基礎統計学時価総額US$3.65m収益（TTM）-US$7.32m売上高(TTM)US$1.35m2.7xP/Sレシオ-0.5xPER（株価収益率WCT は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計WCT 損益計算書（TTM）収益US$1.35m売上原価US$772.98k売上総利益US$575.11kその他の費用US$7.90m収益-US$7.32m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-2.39グロス・マージン42.66%純利益率-543.20%有利子負債／自己資本比率3.7%WCT の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/05 06:39終値2026/07/02 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Wellchange Holdings Company Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Jun 17Wellchange Holdings Company Limited Announces Board and Committee ChangesOn June 9, 2026, the board of directors of Wellchange Holdings Company Limited resolved to remove Mr. Wang Yiyun and Mr. Liu Jun as directors of the Company, effective June 9, 2026. Prior to his removal, Mr. Wang Yiyun served as Chair of the Compensation Committee and as a member of the Audit Committee and the Nominating and Corporate Governance Committee, and Mr. Liu Jun served as a member of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee. Following their removal, neither Mr. Wang Yiyun nor Mr. Liu Jun serves as a member of the Board or on any committee of the Board. Following the removals described above and the appointment of Mr. Lau Yun Chau and Mr. Lau Chun as independent directors (effective June 10, 2026), the Board consists of the following six directors: Mr. Shek Kin Pong (Chairman and Chief Executive Officer), Mr. Tang Chi Hin (Executive Director), Mr. Shi Zhu, Ms. Chung Hiu Tung, Mr. Lau Yun Chau and Mr. Lau Chun. Each of Mr. Shi Zhu, Ms. Chung Hiu Tung, Mr. Lau Yun Chau and Mr. Lau Chun is an independent director, and the Board continues to be composed of a majority of independent directors. The committees of the Board, as reconstituted following the foregoing changes, are composed as follows. The Audit Committee comprises Ms. Chung Hiu Tung (Chair), Mr. Lau Yun Chau and Mr. Lau Chun. The Compensation Committee comprises Mr. Lau Chun (Chair), Ms. Chung Hiu Tung and Mr. Lau Yun Chau. The Nominating and Corporate Governance Committee comprises Mr. Lau Yun Chau (Chair), Ms. Chung Hiu Tung and Mr. Lau Chun. Mr. Lau Chun has assumed the committee positions previously held by Mr. Wang Yiyun, including the chair of the Compensation Committee, and Mr. Lau Yun Chau has assumed the committee positions previously held by Mr. Liu Jun.
お知らせ • Jun 12Wellchange Holdings Company Limited, Annual General Meeting, Jul 06, 2026Wellchange Holdings Company Limited, Annual General Meeting, Jul 06, 2026, at 10:00 China Standard Time. Location: unit 7 on 25th floor, global gateway tower, no. 63 wing hong street, kowloon, Hong Kong
お知らせ • May 01Wellchange Holdings Company Limited announced delayed 20-F filingOn 04/30/2026, Wellchange Holdings Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
お知らせ • Mar 28Wellchange Holdings Company Limited Announces Board and Committee ChangesOn March 26, 2026, the board of directors of Wellchange Holdings Company Limited (the “Company”) (the “Board) appointed Ms. Chung Hiu Tung (“Ms. Chung”) as an independent director, the chairwoman of the Audit Committee, and a member of Compensation and nominating Committee of the Company”. Ms. Chung Hiu Tung, Rachel is an accounting professional with approximately 10 years of experience in audit, financial reporting and accounting advisory. From December 2019 to October 2024, she served as Manager at Elite Partners CPA Limited, where she was responsible for performing audit work, preparing financial statements for listed and private companies, supervising audit teams, and communicating with clients and independent professional parties. From October 2016 to December 2019, she served as Senior Accountant II at HLB Hodgson Impey Cheng Limited, where she performed audit work, prepared financial statements, supervised engagement teams, and participated in IPO-related reporting on the GEM Board. From June 2015 to September 2016, she served as Audit Junior at LKKC CPA Limited, where she performed audit work for private companies and prepared tax computations and submissions to the Inland Revenue Department. Ms. Chung received a Bachelor of Business Administration (Honours) in Accounting from The Open University of Hong Kong in 2015 and a Higher Diploma in Business (Accounting and Financial Planning) from HKU SPACE Po Leung Kuk Community College in 2013. She has been a member of the Hong Kong Institute of Certified Public Accountants since May 3, 2023. On March 26, 2026 , Mr. Michael Chung Fai Ng notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on March 26, 2026.
お知らせ • Mar 26Wellchange Holdings Company Limited Announces Strategic Development of Next-Generation AI Bookkeeping and Bank Statement Intelligence PlatformWellchange Holdings Company Limited announced the strategic development of a next-generation AI-powered bookkeeping and bank statement intelligence platform designed to enhance how businesses, accountants, and auditors manage financial data, and to complement the Company’s existing software-as-a-service platform business. The integrated solution is currently undergoing testing and is scheduled for commercial launch in the second quarter of 2026, subject to development progress and market conditions. The platform combines automated AI bookkeeping with intelligent bank statement reconciliation, aiming to reduce manual accounting work, improve audit readiness, and enhance financial accuracy across organizations of all sizes. WCT’s AI accounting ecosystem builds upon its existing technology foundations, including Quickstart Bookkeeping, an AI-driven bookkeeping application, and Bankcel AI, an intelligent reconciliation engine designed to automate bank statement analysis and matching. Key Platform Highlights: AI-driven bookkeeping automation with real-time transaction classification and ledger generation; Intelligent bank statement reconciliation to accelerate matching and discrepancy detection; Audit-ready financial data architecture designed to improve compliance and traceability; Scalable integration with existing accounting workflows and banking data sources; Improved efficiency, accuracy, and transparency in financial reporting.
お知らせ • Mar 06Wellchange Holdings Company Limited Announces Directorate and Committee Changes,Effective February 25, 2026Wellchange Holdings Company Limited appointed Mr. Jun Liu as an independent director, and a member of audit committee, compensation committee and nomination committee of the Company, effective February 25, 2026. Mr. Liu is a senior financial management executive with more than 20 years of experience in finance, investment and asset management. Since January 2021, he has served as General Manager of Hunan Shenghong Private Fund Management Co. Ltd., where he is responsible for financial management and audit oversight. From June 2017 to December 2020, he served as Deputy General Manager of Zhuhai Jingxiang Investment Management Co. Ltd., overseeing finance, risk control and compliance matters. From June 2007 to May 2017, he served as Manager of the Finance Department at GF Securities Guangzhou Xinde Investment Management Co. Ltd. Mr. Liu received a master's degree in accounting from Xiamen University in June 2006 and a bachelor's degree in financial management from Hunan University of Commerce (now Hunan University of Technology and Business) in June 2002. Wellchange Holdings Company Limited appointed Ms. Yiyun Wang as an independent director, the chairman of the compensation committee of the Company, and a member of nominating and audit committee, effective February 25, 2026. Ms. Wang is a legal and compliance professional with a multidisciplinary background in law and financial risk management. Since July 2021, she has served as Legal Director of Hunan Shenghong Fund Management Co. Ltd., where she is responsible for risk assessment of investment targets, review of due diligence reports, and compliance review of business models. From January 2019 to June 2021, she served as a practicing attorney at Guangdong Yiyue Law Firm, focusing on corporate legal affairs and providing legal services in corporate governance, contract review, and investment and financing compliance matters. Ms. Wang obtained a Master of Laws degree from Northeastern University in 2007 and a bachelor's degree in mechanical engineering design and Automation from Northeastern University in 2004. She obtained her PRC Legal Professional Qualification in 2010 and received a Business Planner Certification issued by the Ministry of Human Resources and Social Security in 2015. Wellchange Holdings Company Limited announced that on February 26, 2026, Mr. Lau Yun Chau and Mr. Chu Chi Hong each notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on February 26, 2026.
お知らせ • Jun 17Wellchange Holdings Company Limited Announces Board and Committee ChangesOn June 9, 2026, the board of directors of Wellchange Holdings Company Limited resolved to remove Mr. Wang Yiyun and Mr. Liu Jun as directors of the Company, effective June 9, 2026. Prior to his removal, Mr. Wang Yiyun served as Chair of the Compensation Committee and as a member of the Audit Committee and the Nominating and Corporate Governance Committee, and Mr. Liu Jun served as a member of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee. Following their removal, neither Mr. Wang Yiyun nor Mr. Liu Jun serves as a member of the Board or on any committee of the Board. Following the removals described above and the appointment of Mr. Lau Yun Chau and Mr. Lau Chun as independent directors (effective June 10, 2026), the Board consists of the following six directors: Mr. Shek Kin Pong (Chairman and Chief Executive Officer), Mr. Tang Chi Hin (Executive Director), Mr. Shi Zhu, Ms. Chung Hiu Tung, Mr. Lau Yun Chau and Mr. Lau Chun. Each of Mr. Shi Zhu, Ms. Chung Hiu Tung, Mr. Lau Yun Chau and Mr. Lau Chun is an independent director, and the Board continues to be composed of a majority of independent directors. The committees of the Board, as reconstituted following the foregoing changes, are composed as follows. The Audit Committee comprises Ms. Chung Hiu Tung (Chair), Mr. Lau Yun Chau and Mr. Lau Chun. The Compensation Committee comprises Mr. Lau Chun (Chair), Ms. Chung Hiu Tung and Mr. Lau Yun Chau. The Nominating and Corporate Governance Committee comprises Mr. Lau Yun Chau (Chair), Ms. Chung Hiu Tung and Mr. Lau Chun. Mr. Lau Chun has assumed the committee positions previously held by Mr. Wang Yiyun, including the chair of the Compensation Committee, and Mr. Lau Yun Chau has assumed the committee positions previously held by Mr. Liu Jun.
お知らせ • Jun 12Wellchange Holdings Company Limited, Annual General Meeting, Jul 06, 2026Wellchange Holdings Company Limited, Annual General Meeting, Jul 06, 2026, at 10:00 China Standard Time. Location: unit 7 on 25th floor, global gateway tower, no. 63 wing hong street, kowloon, Hong Kong
お知らせ • May 01Wellchange Holdings Company Limited announced delayed 20-F filingOn 04/30/2026, Wellchange Holdings Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
お知らせ • Mar 28Wellchange Holdings Company Limited Announces Board and Committee ChangesOn March 26, 2026, the board of directors of Wellchange Holdings Company Limited (the “Company”) (the “Board) appointed Ms. Chung Hiu Tung (“Ms. Chung”) as an independent director, the chairwoman of the Audit Committee, and a member of Compensation and nominating Committee of the Company”. Ms. Chung Hiu Tung, Rachel is an accounting professional with approximately 10 years of experience in audit, financial reporting and accounting advisory. From December 2019 to October 2024, she served as Manager at Elite Partners CPA Limited, where she was responsible for performing audit work, preparing financial statements for listed and private companies, supervising audit teams, and communicating with clients and independent professional parties. From October 2016 to December 2019, she served as Senior Accountant II at HLB Hodgson Impey Cheng Limited, where she performed audit work, prepared financial statements, supervised engagement teams, and participated in IPO-related reporting on the GEM Board. From June 2015 to September 2016, she served as Audit Junior at LKKC CPA Limited, where she performed audit work for private companies and prepared tax computations and submissions to the Inland Revenue Department. Ms. Chung received a Bachelor of Business Administration (Honours) in Accounting from The Open University of Hong Kong in 2015 and a Higher Diploma in Business (Accounting and Financial Planning) from HKU SPACE Po Leung Kuk Community College in 2013. She has been a member of the Hong Kong Institute of Certified Public Accountants since May 3, 2023. On March 26, 2026 , Mr. Michael Chung Fai Ng notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on March 26, 2026.
お知らせ • Mar 26Wellchange Holdings Company Limited Announces Strategic Development of Next-Generation AI Bookkeeping and Bank Statement Intelligence PlatformWellchange Holdings Company Limited announced the strategic development of a next-generation AI-powered bookkeeping and bank statement intelligence platform designed to enhance how businesses, accountants, and auditors manage financial data, and to complement the Company’s existing software-as-a-service platform business. The integrated solution is currently undergoing testing and is scheduled for commercial launch in the second quarter of 2026, subject to development progress and market conditions. The platform combines automated AI bookkeeping with intelligent bank statement reconciliation, aiming to reduce manual accounting work, improve audit readiness, and enhance financial accuracy across organizations of all sizes. WCT’s AI accounting ecosystem builds upon its existing technology foundations, including Quickstart Bookkeeping, an AI-driven bookkeeping application, and Bankcel AI, an intelligent reconciliation engine designed to automate bank statement analysis and matching. Key Platform Highlights: AI-driven bookkeeping automation with real-time transaction classification and ledger generation; Intelligent bank statement reconciliation to accelerate matching and discrepancy detection; Audit-ready financial data architecture designed to improve compliance and traceability; Scalable integration with existing accounting workflows and banking data sources; Improved efficiency, accuracy, and transparency in financial reporting.
お知らせ • Mar 06Wellchange Holdings Company Limited Announces Directorate and Committee Changes,Effective February 25, 2026Wellchange Holdings Company Limited appointed Mr. Jun Liu as an independent director, and a member of audit committee, compensation committee and nomination committee of the Company, effective February 25, 2026. Mr. Liu is a senior financial management executive with more than 20 years of experience in finance, investment and asset management. Since January 2021, he has served as General Manager of Hunan Shenghong Private Fund Management Co. Ltd., where he is responsible for financial management and audit oversight. From June 2017 to December 2020, he served as Deputy General Manager of Zhuhai Jingxiang Investment Management Co. Ltd., overseeing finance, risk control and compliance matters. From June 2007 to May 2017, he served as Manager of the Finance Department at GF Securities Guangzhou Xinde Investment Management Co. Ltd. Mr. Liu received a master's degree in accounting from Xiamen University in June 2006 and a bachelor's degree in financial management from Hunan University of Commerce (now Hunan University of Technology and Business) in June 2002. Wellchange Holdings Company Limited appointed Ms. Yiyun Wang as an independent director, the chairman of the compensation committee of the Company, and a member of nominating and audit committee, effective February 25, 2026. Ms. Wang is a legal and compliance professional with a multidisciplinary background in law and financial risk management. Since July 2021, she has served as Legal Director of Hunan Shenghong Fund Management Co. Ltd., where she is responsible for risk assessment of investment targets, review of due diligence reports, and compliance review of business models. From January 2019 to June 2021, she served as a practicing attorney at Guangdong Yiyue Law Firm, focusing on corporate legal affairs and providing legal services in corporate governance, contract review, and investment and financing compliance matters. Ms. Wang obtained a Master of Laws degree from Northeastern University in 2007 and a bachelor's degree in mechanical engineering design and Automation from Northeastern University in 2004. She obtained her PRC Legal Professional Qualification in 2010 and received a Business Planner Certification issued by the Ministry of Human Resources and Social Security in 2015. Wellchange Holdings Company Limited announced that on February 26, 2026, Mr. Lau Yun Chau and Mr. Chu Chi Hong each notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on February 26, 2026.
お知らせ • Feb 14Wellchange Holdings Company Limited Removes Fang Li Chieh as Director, Effective February 13, 2026On February 13, 2026, the board of directors (“Board”) of Wellchange Holdings Company Limited approved the removal of Ms. Fang Li Chieh (“Ms. Fang”) as a director of the Company, effective as of February 13, 2026. In connection with her removal, Ms. Fang’s director offer letter terminated effective as of such date. Ms. Fang’s removal was not the result of any disagreement between Ms. Fang and the Company on any matter relating to the Company’s operations, policies or practices.
New Risk • Feb 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 84% per year over the past 5 years. Shareholders have been substantially diluted in the past year (231% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$2.4m revenue). Market cap is less than US$100m (US$21.3m market cap).
Reported Earnings • Oct 20First half 2025 earnings released: US$0.067 loss per share (vs US$0.019 profit in 1H 2024)First half 2025 results: US$0.067 loss per share (down from US$0.019 profit in 1H 2024). Revenue: US$1.20m (up 13% from 1H 2024). Net loss: US$2.97m (down US$3.35m from profit in 1H 2024).
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Jul 21Wellchange Holdings Company Limited, Annual General Meeting, Aug 07, 2025Wellchange Holdings Company Limited, Annual General Meeting, Aug 07, 2025, at 14:30 China Standard Time. Location: unit e, 11/f, billion plaza ii, 10 cheung yue street cheung sha wan, kowloon, hong kong, Hong Kong
お知らせ • Jun 21+ 1 more updateWellchange Holdings Company Limited Announces CFO ChangesOn June 13, 2025, Mr. Au Ho Chi notified Wellchange Holdings Company Limited of his resignation as Chief Financial Officer, effective upon the Board of Directors approving the Company’s acceptance of his resignation notice, which occurred on June 18, 2025. On June 18, 2025, the Board of Directors ratified and approved the appointment of Mr. Chan Siu Leung, Gary as Chief Financial Officer of the Company, effective June 15, 2025. Mr. Chan Siu Leung, Gary has over 15 years of experience in accounting, auditing, and financial reporting. He is a member of the Hong Kong Institute of Certified Public Accountants (HKICPA) since 2015 and holds a Bachelor of Business degree with a major in Accounting from Southern Cross University. Mr. Chan began his career at WPG Electronics (HK) Limited and held progressively senior roles in auditing and accounting at firms including KND & Co. CPA Limited, Tender Accounting Services Limited, and HLB Hodgson Impey Cheng Limited, where he served as Senior Accountant II. From 2020 till 2025, Mr. Chan served as the Accounting Manager at LTC Management Limited, where he is responsible for preparing consolidated financial statements, audit reports, cost budgets, profit forecasts, and internal control reports for a range of clients. He has strong expertise in group consolidation, financial forecasting, and internal controls, and is proficient in Oracle and SAP systems.
お知らせ • May 02Wellchange Holdings Company Limited announced delayed 20-F filingOn 05/01/2025, Wellchange Holdings Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC.
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$1.79, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 41x in the Software industry in the US.
Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improves as stock rises 26%After last week's 26% share price gain to US$1.39, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 40x in the Software industry in the US.
お知らせ • Dec 24Wellchange Holdings Company Limited has filed a Follow-on Equity Offering in the amount of $10 million.Wellchange Holdings Company Limited has filed a Follow-on Equity Offering in the amount of $10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 25,000,000 Price\Range: $0.4 Discount Per Security: $0.024
Reported Earnings • Dec 20First half 2024 earnings released: EPS: US$0.023 (vs US$0.023 in 1H 2023)First half 2024 results: EPS: US$0.023 (in line with 1H 2023). Revenue: US$1.06m (down 10% from 1H 2023). Net income: US$450.2k (down 3.1% from 1H 2023). Profit margin: 42% (up from 39% in 1H 2023). The increase in margin was driven by lower expenses.
New Risk • Dec 18New major risk - Revenue and earnings growthRevenue has declined by 3.7% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Revenue has declined by 3.7% over the past year. High level of non-cash earnings (56% accrual ratio). Minor Risks Revenue is less than US$5m (US$2.4m revenue). Market cap is less than US$100m (US$21.7m market cap).
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$1.02, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 41x in the Software industry in the US.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 43%After last week's 43% share price decline to US$1.98, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 42x in the Software industry in the US.
New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$87.6m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). High level of non-cash earnings (36% accrual ratio). Minor Risks Revenue is less than US$5m (US$2.5m revenue). Market cap is less than US$100m (US$87.6m market cap).
Board Change • Oct 02No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
