W2V

Way 2 VatASX:W2V Stock Report

Market Cap

AU$33.8m

7D

-6.8%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
W2V fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

W2V Overview

Way 2 Vat Limited, a technology company, provides value added tax (VAT), and goods and services tax (GST) reclaim solution in Israel and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Way 2 Vat
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.20
52 Week LowAU$0.40
Beta0
1 Month Change-34.92%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-34.92%

Recent News & Updates

Shareholder Returns

W2VAU SoftwareAU Market
7D-6.8%2.8%0.9%
1Yn/a27.7%20.2%

Return vs Industry: Insufficient data to determine how W2V performed against the Australian Software industry.

Return vs Market: Insufficient data to determine how W2V performed against the Australian Market.

Price Volatility

Is W2V's price volatile compared to industry and market?
W2V volatility
W2V Beta0
Industry Beta0.84
Market Beta1

Stable Share Price: Insufficient data to determine W2V's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine W2V's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aAmos Simantovhttps://www.way2vat.com

Way 2 Vat Limited, a technology company, provides value added tax (VAT), and goods and services tax (GST) reclaim solution in Israel and internationally. It develops the W2V Platform, a web application for reclaiming various types of VAT in various industries and markets. It offers foreign VAT/GST reclaim on account payable invoices; VAT/GST reclaim for local business travel; and foreign VAT/GST reclaim for companies.

Way 2 Vat Fundamentals Summary

How do Way 2 Vat's earnings and revenue compare to its market cap?
W2V fundamental statistics
Market CapUS$25.08m
Earnings (TTM)-US$5.20m
Revenue (TTM)US$1.33m

17.6x

P/S Ratio

-4.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
W2V income statement (TTM)
RevenueUS$1.33m
Cost of RevenueUS$246.00k
Gross ProfitUS$1.09m
ExpensesUS$6.29m
Earnings-US$5.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.034
Gross Margin81.52%
Net Profit Margin-390.98%
Debt/Equity Ratio-112.6%

How did W2V perform over the long term?

See historical performance and comparison

Valuation

Is Way 2 Vat undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Way 2 Vat is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Way 2 Vat has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Way 2 Vat forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

41.1%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Way 2 Vat has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Way 2 Vat performed over the past 5 years?

-16.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: W2V is currently unprofitable.

Growing Profit Margin: W2V is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: W2V is unprofitable, and losses have increased over the past 5 years at a rate of 16.1% per year.

Accelerating Growth: Unable to compare W2V's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: W2V is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).


Return on Equity

High ROE: W2V's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Way 2 Vat's financial position?


Financial Position Analysis

Short Term Liabilities: W2V has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: W2V has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: W2V has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: W2V's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: W2V has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: W2V has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.8% each year


Dividend

What is Way 2 Vat current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate W2V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate W2V's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if W2V's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if W2V's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of W2V's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Amos Simantov (58 yo)

no data

Tenure

Mr. Amos Simantov served as Vice President of Sales at RiT Technologies Ltd. since May 2011. Mr. Simantov served as the President and Chief Executive Officer at ADI Video Technologies Ltd.He served in a v...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: W2V only recently listed within the past 12 months.


Top Shareholders

Company Information

Way 2 Vat Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Way 2 Vat Limited
  • Ticker: W2V
  • Exchange: ASX
  • Founded: 2014
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$33.789m
  • Shares outstanding: 153.59m
  • Website: https://www.way2vat.com

Location

  • Way 2 Vat Limited
  • 34A HaBarzel Street
  • 3rd Floor
  • Tel Aviv
  • 6971051
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:05
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.