Way2VAT Delivers Record Quarter and Strikes Coupa Partnership as FY25 Revenue Jumps 41%

The latest announcement is out from WAY 2 VAT LTD ( (AU:W2V) ).

Way2VAT reported record quarterly revenue of A$2.13 million for the three months to 31 December 2025, contributing to full-year FY25 revenue of A$6.51 million, a 41% increase on the prior year. Quarterly cash receipts more than doubled sequentially to A$1.96 million, accounts receivable rose to about A$6.4 million, and the acquired RBC VAT business delivered its first profitable quarter, underpinning the group’s growth trajectory. The company continued to deepen its enterprise client base, adding 12 new blue-chip customers including Rakuten, Aptar Group, Apellis and Ferroglobe, lifting total enterprise clients to 501. Way2VAT also secured a commercial partnership with Coupa Software to list its APAI invoice validation tool on the Coupa App Marketplace under a revenue share arrangement, positioning the firm to tap Coupa’s large global client base and strengthen its role in automated VAT and accounts payable workflows, although the revenue impact of this integration is yet to be quantified.

The most recent analyst rating on (AU:W2V) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on WAY 2 VAT LTD stock, see the AU:W2V Stock Forecast page.

More about WAY 2 VAT LTD

Way2VAT Ltd is a global fintech company specialising in automated value-added tax (VAT) claim and return solutions, including its APAI real-time invoice validation product. The company targets large enterprise clients across sectors such as e-commerce, pharmaceuticals, manufacturing and advanced materials, and has expanded its offering through strategic acquisitions and partnerships within the business spend management and invoice management ecosystems.

Average Trading Volume: 397,402

Technical Sentiment Signal: Buy

Current Market Cap: A$31.05M

For an in-depth examination of W2V stock, go to TipRanks’ Overview page.