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WAY 2 VAT LTD
(Sydney:W2V)
WAY 2 VAT LTD (W2V) vs. iShares MSCI Australia ETF (EWA)
WAY 2 VAT LTD Business Overview & Revenue Model
WAY 2 VAT LTD Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.68M | 3.01M | 2.05M | 1.30M | 1.32M | 1.03M |
| Gross Profit | 2.28M | 2.47M | 1.62M | 1.00M | 1.05M | 857.00K |
| EBITDA | -2.03M | -2.99M | -3.74M | -4.34M | -4.54M | -3.23M |
| Net Income | -2.71M | -3.62M | -4.25M | -4.56M | -6.38M | -2.30M |
Balance Sheet | ||||||
| Total Assets | 5.86M | 4.48M | 4.15M | 4.51M | 5.18M | 9.27M |
| Cash, Cash Equivalents and Short-Term Investments | 567.99K | 76.00K | 493.00K | 1.03M | 3.13M | 7.62M |
| Total Debt | 2.17M | 2.22M | 1.90M | 848.00K | 1.09M | 1.09M |
| Total Liabilities | 5.74M | 5.80M | 5.15M | 4.31M | 2.36M | 2.58M |
| Stockholders Equity | 116.49K | -1.32M | -1.00M | 207.00K | 2.82M | 6.69M |
Cash Flow | ||||||
| Free Cash Flow | -3.61M | -3.62M | -3.81M | -4.62M | -4.11M | -2.74M |
| Operating Cash Flow | -3.60M | -3.60M | -3.80M | -4.61M | -4.08M | -2.68M |
| Investing Cash Flow | -11.66K | -16.00K | -5.00K | -9.00K | -29.00K | -56.00K |
| Financing Cash Flow | 2.06M | 3.10M | 3.13M | 1.51M | 5.30M | 2.00M |
WAY 2 VAT LTD Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
42 Neutral | AU$5.19M | -3.33 | -23.31% | ― | 2.15% | -900.00% | |
38 Underperform | AU$23.29M | -2.28 | -2883.97% | ― | 53.50% | 55.30% | |
37 Underperform | AU$13.55M | -1.89 | -97.38% | ― | 106.21% | -60.61% | |
37 Underperform | AU$27.48M | -2.76 | ― | ― | 12.88% | -22.58% | |
21 Underperform | AU$12.55M | ― | ― | ― | -64.36% | 57.89% |
WAY 2 VAT LTD Corporate Events
WAY 2 VAT LTD announced the issuance of 75,000,000 unquoted securities, set to expire on December 15, 2028, as part of a previously disclosed transaction. This move is likely to impact the company’s financial structure and could influence its market positioning by potentially increasing its capital resources.
Way2VAT Limited has issued 88,125,000 fully paid ordinary shares without disclosure to investors, in compliance with relevant provisions of the Corporations Act. This move is part of the company’s ongoing efforts to enhance its financial standing and operational capabilities, potentially strengthening its position in the fintech industry and impacting its stakeholders positively.
WAY 2 VAT LTD announced the quotation of 88,125,000 ordinary fully paid securities on the ASX, effective December 15, 2025. This move is part of previously announced transactions and could potentially enhance the company’s market presence and liquidity, benefiting stakeholders by increasing the company’s capital and investment opportunities.
Way 2 VAT Ltd has amended and restated its Articles of Association, which outlines the company’s purpose, share capital, and shareholder liability. This update emphasizes the company’s commitment to lawful activities and its capacity to support charitable causes, potentially enhancing its corporate social responsibility profile and stakeholder engagement.
Way2VAT Limited announced that all resolutions proposed at its Extraordinary General Meeting were passed by the requisite majority. This development is significant for the company’s operational strategies, as the resolutions include ratification and approval of share placements and amendments to the company’s articles of association, potentially impacting its financial structure and stakeholder relations.
WAY 2 VAT LTD has announced a strategic growth initiative centered around four key pillars: human capital, technology, existing global clients, and expansion into real-time e-invoicing. This strategy aims to enhance their AI unified SaaS platform, improve real-time invoice validation, and strengthen VAT compliance services. The company’s focus on mergers and acquisitions, alongside organic growth, is expected to bolster its market position and offer improved services to stakeholders.
WAY 2 VAT LTD. has announced a security consolidation for its various options and ordinary shares. This reorganization is set to commence trading on a deferred settlement basis starting December 16, 2025, with a record date of December 17, 2025, and an issue date of December 24, 2025. This move is likely aimed at streamlining the company’s securities, potentially impacting its market positioning and offering implications for stakeholders as it adjusts its financial structure.
Way2VAT Ltd has announced an extraordinary general meeting (EGM) to be held virtually on December 10, 2025, at 4:00 PM AEDT. The meeting will focus on the ratification of Tranche 1 Placement Shares, with shareholders encouraged to vote by proxy if unable to attend. The company has outlined specific voting exclusions and conditions for the resolution, which aims to ratify the prior issue of 254,428,032 shares under Listing Rule 7.1.
WAY 2 VAT LTD announced the cessation of 1,500,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and market positioning.
WAY 2 VAT LTD. has announced the issuance of 2,000,000 unquoted equity securities under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize its employees and align their interests with the company’s growth objectives, potentially enhancing its operational efficiency and market competitiveness.
WAY 2 VAT LTD has announced the issuance of 2,962,500 ordinary fully paid shares to an employee as part of a bonus for achieving 2024 revenue targets. This move reflects the company’s commitment to rewarding performance and could potentially enhance its market positioning by demonstrating strong financial health and growth potential.
Way2VAT Limited has issued 424,375,000 fully paid ordinary shares without disclosure to investors under the Corporations Act 2001. This strategic move is in compliance with relevant legal provisions and indicates the company’s ongoing efforts to enhance its financial standing and operational capabilities, potentially impacting its market positioning and stakeholder interests.
WAY 2 VAT LTD has announced the application for quotation of 424,375,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction and is expected to enhance the company’s market presence and liquidity, potentially impacting its financial standing and offering new opportunities for stakeholders.
Way2VAT Limited is set to host an investor webinar to discuss its acquisition of RBC VAT Limited and the expansion of its product suite. This strategic move is expected to enhance Way2VAT’s market position by broadening its service offerings, potentially impacting its operations and stakeholder interests positively.
Way2VAT Limited has announced the issuance of 3,139,046 fully paid ordinary shares without disclosure to investors, in compliance with relevant sections of the Corporations Act. This move is part of the company’s strategic financial operations, potentially impacting its market positioning and shareholder value.
WAY 2 VAT LTD has announced the application for quotation of 3,139,046 ordinary fully paid securities on the ASX, with an issue date of September 19, 2025. This move is part of previously announced transactions and could enhance the company’s market presence by increasing its capital base, potentially impacting its operational capabilities and market positioning.
WAY 2 VAT LTD is executing a strategic business plan aimed at accelerating profitability by 2025, with a significant expansion of its total addressable market from $20 billion to $187 billion. The company’s focus on AI-driven digital tax processing positions it for high growth and competitive advantage in the industry.
WAY 2 VAT LTD has announced a proposed issue of securities, with a total of 587,500,000 new securities to be issued, including 75,000,000 options expiring in November 2028. This move is aimed at raising capital through a placement or other type of issue, which could potentially impact the company’s market positioning and provide additional resources for its operations.
Way2VAT Ltd has announced the acquisition of RBC VAT Limited, a UK-based VAT advisory and compliance specialist, as part of its growth strategy. This acquisition, valued at approximately $4 million, is expected to be earnings accretive from day one and will add significant revenue and EBITDA to Way2VAT’s financials. The acquisition will enhance Way2VAT’s offerings by integrating RBC VAT’s consulting capabilities and client base, thereby accelerating the company’s path to profitability and cash-flow positivity. The transaction also highlights Way2VAT’s commitment to both organic and inorganic growth, with strong investor support backing its global expansion vision.