Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 10.02M | 11.28M | 12.49M | 9.35M | 7.98M | 8.25M |
Gross Profit | 7.98M | 8.80M | 5.50M | 2.58M | 4.30M | -2.55M |
EBITDA | -4.27M | -4.87M | -8.17M | -12.50M | -13.09M | -14.66M |
Net Income | -22.73M | -23.04M | -13.45M | -13.46M | -10.81M | -13.78M |
Balance Sheet | ||||||
Total Assets | 41.00M | 41.87M | 63.33M | 76.74M | 24.88M | 25.25M |
Cash, Cash Equivalents and Short-Term Investments | 1.78M | 1.81M | 5.74M | 10.54M | 10.10M | 15.28M |
Total Debt | 2.41M | 2.38M | 260.43K | 367.57K | 632.99K | 464.27K |
Total Liabilities | 10.39M | 9.66M | 10.90M | 11.58M | 10.01M | 9.89M |
Stockholders Equity | 30.61M | 32.21M | 52.43M | 65.16M | 14.87M | 15.35M |
Cash Flow | ||||||
Free Cash Flow | -99.83K | -3.54M | -4.67M | -11.21M | -11.87M | -12.45M |
Operating Cash Flow | -53.01K | -3.47M | -1.76M | -8.00M | -8.05M | -8.70M |
Investing Cash Flow | -2.43M | -2.66M | -2.91M | -2.25M | -3.83M | -3.75M |
Financing Cash Flow | 2.21M | 2.20M | -130.94K | 10.70M | 6.55M | 19.67M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
63 Neutral | $34.07B | 6.13 | -11.73% | 1.80% | 5.33% | -18.31% | |
47 Neutral | AU$27.42M | ― | -54.77% | ― | -14.50% | -77.33% | |
46 Neutral | AU$8.90M | ― | ― | 16.26% | 62.58% | ||
42 Neutral | AU$26.50M | ― | -31.58% | ― | 22.29% | 64.62% | |
36 Underperform | AU$11.64M | ― | -347.17% | ― | -5.53% | -50.00% | |
AU$15.34M | ― | -262.86% | ― | ― | ― | ||
32 Underperform | AU$5.13M | ― | ― | 7.02% | -44.64% |
FirstWave Cloud Technology Limited announced a change in the interests of its director, John Edwin Grant, who disposed of 1,400,000 unlisted options. This change reflects the expiry of options without exercise or conversion, impacting the director’s securities holdings but not affecting the company’s overall market position.
FirstWave Cloud Technology Limited announced the cessation of several securities, including options and service rights, due to expiry or failure to meet conditions. This development may impact the company’s capital structure and could influence its market positioning by affecting investor perception and stakeholder confidence.
FirstWave Cloud Technology has entered into a licensing agreement with Claro Dominican Republic for its NMIS v9 software suite, marking a strategic expansion into the Americas. The agreement involves a one-time license fee of USD $250,000, contributing to FirstWave’s gross profit without ongoing obligations. This partnership allows Claro to leverage FirstWave’s advanced technologies, including the upcoming Model Context Protocol for AI and the Message Bus technology, enhancing its telecommunications services in the Dominican Republic.
FirstWave Cloud Technology has entered into an agreement with Claro Dominican Republic to license its NMIS v9 software suite, marking a significant expansion into the Latin American market. The deal involves a $250,000 upfront licensing fee, which is pure gross profit for FirstWave, and enables Claro to leverage FirstWave’s upcoming AI Model Context Protocol and Message Bus technology, enhancing their service capabilities.
FirstWave Cloud Technology has extended its agreement with Telstra Corporation for the provision of ISM-compliant CyberCision software and services to several Federal Government agencies. The Secure Internet Gateway (SIG) Agreement has been extended for an additional 12 months, with a further one-year option, while the Products and Services Agreement (PSA) has been extended for two months. Despite a reduction in revenue from these agreements, FirstWave has aligned operational costs to offset the impact, resulting in a positive bottom line. The company is diversifying its revenue streams and expanding its reach through a partnership with Amazon Web Services and Corent Technology to launch its software solutions on the AWS Marketplace.
FirstWave Cloud Technology has announced a strategic partnership with Amazon Web Services and Corent Technology to launch its product suite on the AWS Marketplace. This collaboration, supported by AU$250,000 in funding, aims to enhance FirstWave’s AI technologies and streamline product distribution, providing access to AWS’s 300,000 monthly active users and over 2,500 channel partners. The initiative is a significant step in FirstWave’s strategy to monetize its free-tier software users by offering seamless upgrades to enterprise-grade solutions, thereby expanding its global presence and simplifying customer access to its products.
FirstWave Cloud Technology has provided an update on its AI-enabled compliance and control software. The company is focusing on aligning its products with CIS Controls, enhancing core strengths, and developing a commercial pathway for free users. This strategic direction aims to strengthen FirstWave’s market position and offer improved solutions for compliance and control, potentially impacting stakeholders by broadening the user base and enhancing product offerings.
FirstWave Cloud Technology reported its financial and operational results for the third quarter of FY25, highlighting the renewal of major license agreements and ongoing investment in AI-enabled compliance and control technologies. Despite a decrease in cash position and revenue, the company improved its gross profit margin and secured an agreement with Corent Tech, funded by AWS, to boost its cloud services. The company is exploring various strategies to address its low cash balance and potential negative cash flows in the upcoming quarter.
FirstWave Cloud Technology Limited is hosting a technology update webinar on May 7, 2025, to discuss its transformation and strategic focus on IT compliance management. The company aims to leverage its AI capabilities and the newly released Model Context Protocol (MCP) to enhance data mining and compliance automation, aligning with standards set by NIST and CIS. This move is expected to solidify FirstWave’s position as a leader in AI-powered compliance management, offering significant opportunities for monetizing its free user base.
FirstWave Cloud Technology Limited announced that 1,000,000 of its fully paid ordinary shares, initially issued to Pitt Street Research Pty Ltd for research services, will be released from a 6-month voluntary escrow on May 1, 2025. This release is part of a total of 3,000,000 shares issued, with another 1,000,000 shares set to be released from a 12-month escrow on October 31, 2025. The release of these shares may impact the company’s stock liquidity and market perception.
FirstWave Cloud Technology Limited announced the release of 1,000,000 fully paid ordinary shares from voluntary escrow on April 30, 2025. These shares were initially issued to Pitt Street Research Pty Ltd for research services, with the release marking a significant step in the company’s share management strategy.
FirstWave Cloud Technology Limited will host an investor update webinar on April 30, 2025, to discuss its Q3 FY25 Quarterly Activity Report. The session, led by key company executives, will include a presentation followed by a Q&A session, providing stakeholders with insights into the company’s recent activities and future plans.