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Weebit Nano Ltd.
(Sydney:WBT)
Weebit Nano Ltd. (WBT) vs. iShares MSCI Australia ETF (EWA)
Weebit Nano Ltd. Business Overview & Revenue Model
Weebit Nano Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.54M | 1.02M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.54M | 1.02M | -308.59K | -172.56K | -105.98K | -107.87K |
| EBITDA | -40.53M | -44.97M | -44.43M | -33.03M | -13.13M | -3.91M |
| Net Income | -38.72M | -41.25M | -39.04M | -27.70M | -11.26M | -4.02M |
Balance Sheet | ||||||
| Total Assets | 102.42M | 66.03M | 89.51M | 57.01M | 22.21M | 4.51M |
| Cash, Cash Equivalents and Short-Term Investments | 97.22M | 62.83M | 87.96M | 50.25M | 21.73M | 4.12M |
| Total Debt | 444.19K | 434.77K | 284.74K | 414.82K | 49.15K | 124.34K |
| Total Liabilities | 5.76M | 4.14M | 4.71M | 2.01M | 1.04M | 1.17M |
| Stockholders Equity | 96.66M | 61.89M | 84.80M | 55.00M | 21.17M | 3.34M |
Cash Flow | ||||||
| Free Cash Flow | -22.22M | -25.42M | -20.31M | -22.05M | -7.07M | -2.00M |
| Operating Cash Flow | -21.21M | -24.40M | -20.27M | -21.82M | -7.05M | -1.99M |
| Investing Cash Flow | -995.71K | -1.03M | -50.80K | -206.52K | -59.04K | -12.43K |
| Financing Cash Flow | 47.35M | 164.21K | 57.45M | 50.54M | 24.72M | 4.44M |
Weebit Nano Ltd. Technical Analysis
Weebit Nano Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ¥231.71B | 14.67 | 7.64% | 2.70% | 9.09% | 8.55% | |
62 Neutral | AU$17.01M | 140.00 | -3.11% | ― | 89.13% | 69.57% | |
50 Neutral | AU$51.52M | ― | -92.68% | ― | ― | -37.93% | |
39 Underperform | $380.77M | ― | -133.28% | ― | 72.47% | 20.08% | |
39 Underperform | AU$341.30M | ― | -46.55% | ― | 905.48% | 10.02% | |
38 Underperform | AU$34.14M | ― | -39.59% | ― | -55.83% | 32.05% |
Weebit Nano Ltd. Corporate Events
Weebit Nano Ltd. has achieved significant advancements in its operations, including the completion of AEC-Q100 qualification for its ReRAM technology, which demonstrates high reliability under extreme conditions. The company is progressing with its integration with onsemi’s Treo platform and has received substantial customer payments, positioning it well for future growth. The appointment of Lilach Zinger as VP Customer Success is a strategic move to support multiple parallel projects with fabs. Weebit’s participation in major conferences and collaborations with partners like EMASS highlight its focus on expanding its market presence and enhancing its technology’s application in ultra-low-power edge AI solutions.
Weebit Nano Ltd announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 38,125 ordinary fully paid shares being issued on various dates in April 2025. This move is part of the company’s strategy to expand its financial base and enhance its market presence, potentially impacting its operational capabilities and providing value to its stakeholders.
Weebit Nano Ltd. has announced a change in its registered office and principal place of business to Liberty Place, Level 41, 161 Castlereagh Street, Sydney NSW 2000, effective April 14, 2025. This move is part of the company’s ongoing efforts to streamline its operations and enhance its business presence. The contact number remains unchanged, ensuring continuity in communication with stakeholders.
Weebit Nano Ltd announced the issuance of 550,000 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the restriction period ends, indicating a strategic move to motivate and retain key personnel, potentially impacting the company’s operational efficiency and market positioning.
Weebit Nano Ltd has announced the quotation of additional securities on the Australian Securities Exchange (ASX), with a total of 91,282 ordinary fully paid shares to be listed. This move is part of the company’s ongoing efforts to expand its market presence and enhance its financial flexibility, potentially impacting its operational capabilities and stakeholder interests positively.
The Vanguard Group has become a substantial holder in Weebit Nano Ltd., acquiring a 5.130% voting power through various mutual funds and accounts. This development signifies a significant endorsement from a major investment firm, potentially boosting Weebit Nano’s market credibility and attracting further investor interest.
Weebit Nano Ltd, a prominent player in the semiconductor industry, is hosting retail investor briefings in Australia as part of its 1H25 investor roadshow. These briefings, led by CEO Coby Hanoch, will provide an overview of the company’s financial performance for the first half of FY25 and offer insights into its future business outlook. The events will take place in Sydney, Brisbane, and Melbourne, with limited places available for attendees who must RSVP in advance. This initiative reflects Weebit Nano’s commitment to engaging with investors and stakeholders, potentially enhancing its market presence and investor relations.
Weebit Nano Ltd. has successfully completed the AEC-Q100 qualification for its ReRAM module, confirming its quality and reliability for high-temperature automotive applications. This achievement enhances Weebit’s position in the automotive sector and has broader implications for industrial and IoT applications that require high-temperature reliability and extended endurance. The qualification is expected to generate increased interest from potential customers seeking advanced memory solutions, aligning with the growing semiconductor market in the automotive industry, which is projected to nearly double by 2029.
Weebit Nano Ltd has announced the issuance of 5,258,290 performance rights 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 motivate and retain talent, potentially impacting its operational efficiency and market competitiveness.
Weebit Nano Ltd. and Embedded AI Systems Pte. Ltd. (EMASS) have announced a collaboration to demonstrate the advantages of combining Weebit’s ReRAM technology with EMASS’s ultra-low-power AI SoC for edge AI applications. This partnership aims to enhance energy efficiency and performance in edge computing, with implications for industries such as IoT, healthcare, automotive, and industrial automation. The collaboration is expected to pave the way for a new generation of energy-efficient AI hardware, potentially redefining system performance and scalability for smart devices.
Weebit Nano Ltd. has signed a licensing agreement with onsemi to integrate its ReRAM technology into onsemi’s Treo platform, marking a significant step in expanding its commercial activities. The company reported a strong cash position of A$97 million, supported by a recent A$50 million capital raise, and announced strategic leadership changes and an expanded IP portfolio. These developments are expected to enhance Weebit’s industry positioning and facilitate further agreements with fabs and product companies, reflecting growing interest in advanced non-volatile memory technology.
Weebit Nano Ltd. reported a significant increase in revenue from ordinary activities by 341% for the half-year ended December 31, 2024, despite a 10% decrease in losses compared to the previous period. The company has accelerated its commercial activities through a licensing agreement with onsemi and has achieved key milestones in its DB HiTek license agreement. Looking ahead, Weebit Nano aims to secure new licensing and customer agreements in 2025, which could enhance its market position and stakeholder value.