Want to see AU:WOA full AI Analyst Report?
Top Page
Wide Open Agriculture Ltd.
(Sydney:WOA)
Select Model
Select Model
Rating:42Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Upgraded
Date:05/26/26
The score is primarily constrained by weak financial performance—steep revenue decline, highly negative margins, and weakening cash flow—despite some improvement in leverage. Technical indicators add a modestly negative tilt (negative MACD and price below key moving averages), while valuation remains unattractive due to ongoing losses and no dividend support.
Positive Factors
Diversified revenue channels (B2B + branded)
WOA's dual model of branded consumer products plus B2B ingredient and bulk sales provides durable revenue diversification. Over months, this allows shifting emphasis between channels, stabilizes demand cycles, supports manufacturing scale, and creates multiple routes to commercial growth.
Negative Factors
Severe revenue decline and volatility
A swing to deeply negative top-line growth signals persistent demand, execution, or distribution problems. Such revenue volatility undermines predictable cash flow, complicates capacity planning and supplier/partner contracts, and makes multi‑quarter scaling and investment decisions highly uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue channels (B2B + branded)
WOA's dual model of branded consumer products plus B2B ingredient and bulk sales provides durable revenue diversification. Over months, this allows shifting emphasis between channels, stabilizes demand cycles, supports manufacturing scale, and creates multiple routes to commercial growth.
Read all positive factors
Wide Open Agriculture Ltd. (WOA) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$8.51M
Dividend YieldN/A
Average Volume (3M)1.40M
Price to Earnings (P/E)―
Beta (1Y)-2.62
Revenue Growth-83.83%
EPS Growth84.80%
CountryAU
Employees65
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding654,446,900
10 Day Avg. Volume1,404,627
30 Day Avg. Volume1,396,062
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.58
Price to Sales (P/S)20.48
P/FCF Ratio-2.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)AU$112.50M
Wide Open Agriculture Ltd. Business Overview & Revenue Model
Company Description
Wide Open Agriculture Limited, trading as WOA.AX, operates as an Australian regenerative food and agriculture enterprise with a market presence in Singapore and Hong Kong. The company offers a diverse portfolio of sustainable products, including p...
How the Company Makes Money
WOA makes money primarily by selling plant-based food and beverage products and ingredients. Revenue is generated through (1) branded consumer product sales, where WOA sells finished goods (e.g., plant-based dairy alternatives and related packaged...
Wide Open Agriculture Ltd. Financial Statement Overview
Summary
Income Statement
25
Negative
Balance Sheet
40
Negative
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 580.53K | 468.87K | 73.13K | 210.00 | 9.26M | 4.32M |
| Gross Profit | -2.06M | -338.00K | -1.79M | -7.87M | -5.94M | -2.22M |
| EBITDA | -4.79M | -5.16M | -8.53M | -13.86M | -10.06M | -7.73M |
| Net Income | -4.84M | -7.09M | -13.25M | -14.66M | -10.79M | -7.53M |
Balance Sheet | ||||||
| Total Assets | 6.24M | 8.38M | 10.78M | 15.40M | 29.58M | 17.49M |
| Cash, Cash Equivalents and Short-Term Investments | 1.50M | 3.39M | 2.45M | 5.87M | 19.47M | 12.98M |
| Total Debt | 1.11M | 846.98K | 1.86M | 2.71M | 3.16M | 2.14M |
| Total Liabilities | 1.60M | 2.31M | 3.53M | 5.29M | 5.60M | 3.37M |
| Stockholders Equity | 4.65M | 6.07M | 7.25M | 10.11M | 23.98M | 14.11M |
Cash Flow | ||||||
| Free Cash Flow | -2.57M | -3.50M | -9.18M | -13.31M | -12.48M | -6.05M |
| Operating Cash Flow | -2.55M | -3.49M | -8.55M | -11.87M | -10.17M | -5.71M |
| Investing Cash Flow | 72.14K | 84.10K | -4.99M | -1.43M | -2.42M | -244.22K |
| Financing Cash Flow | 1.85M | 4.34M | 10.15M | -319.08K | 19.08M | 14.50M |
Wide Open Agriculture Ltd. Technical Analysis
Positive
0.01
Price Trends
0.01
Positive
0.01
Negative
0.02
Negative
Market Momentum
<0.01
Negative
55.72
Neutral
78.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WOA, the sentiment is Positive. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.72 is Neutral, neither overbought nor oversold. The STOCH value of 78.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WOA.
Wide Open Agriculture Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$1.20B | -85.71 | -0.99% | 6.97% | -1.68% | -119.86% | |
68 Neutral | AU$974.33M | 13.50 | 11.22% | 5.14% | -2.43% | -0.05% | |
66 Neutral | AU$26.54M | 40.00 | 4.51% | ― | -25.39% | -65.38% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
42 Neutral | AU$8.51M | -1.57 | -90.33% | ― | -83.83% | 84.80% | |
42 Neutral | AU$46.60M | -1.14 | -20.91% | ― | -33.47% | -2365.66% | |
41 Neutral | AU$1.23M | -1.71 | 304.44% | ― | -99.88% | 50.00% |
* Consumer Defensive Sector Average
AU:WOA
Wide Open Agriculture Ltd.
0.01
>-0.01
-31.58%
AU:GNC
Graincorp Limited Class A
5.51
-2.03
-26.94%
AU:WNR
Wingara Ag Ltd.
0.01
0.00
0.00%
AU:DBF
Duxton Farms Limited
0.43
-0.60
-58.25%
AU:SGLLV
Ricegrowers Ltd. Class B
13.94
0.41
3.00%
AU:AAP
Australian Agricultural Projects Ltd.
0.07
0.02
44.00%
Wide Open Agriculture Ltd. Corporate Events
Wide Open Agriculture’s Lupin Oil Cleared for Premium Skincare Market
Jul 29, 2026
Wide Open Agriculture has announced that its Angusti™ lupin oil has passed a key commercialisation hurdle, with independent testing confirming the ingredient is non-irritating and suitable for hypoallergenic skincare formulations. The oil, v...
Wide Open Agriculture pivots to capital-light contract manufacturing for lupin ingredients
Jul 27, 2026
Wide Open Agriculture Ltd., an ASX-listed producer of clean-label lupin-based ingredients, is transitioning its manufacturing strategy to support scalable, cost-efficient growth in plant-based proteins, oils and fibres. The company is leveraging i...
Wide Open Agriculture Issues Lupin Platform Investor Presentation Disclaimer
Jul 6, 2026
Wide Open Agriculture has released an investor presentation outlining general information about the company and its lupin-based ingredient platform. The document emphasises that the material is not financial or investment advice and that no warran...
Wide Open Agriculture Shifts to Contract Manufacturing to Scale Lupin Ingredients
Jul 2, 2026
Wide Open Agriculture has unveiled a strategy to strengthen the economics of its lupin ingredient platform by moving from owner-operated manufacturing to a capital-light contract production model. The company will immediately wind down its German ...
Wide Open Agriculture Simplifies Curtin Royalty Deal to Boost Lupin Protein Scale-Up
May 24, 2026
Wide Open Agriculture has renegotiated its royalty agreement with Curtin University for its exclusive global lupin protein technology licence, replacing a complex tiered structure with a flat 3.5% of net sales. The change is intended to simplify f...
Wide Open Agriculture Adds Justin Brown to Board with Incentive Option Package
May 8, 2026
Wide Open Agriculture has appointed Justin Brown as a non-executive director effective 4 May 2026, signalling a further strengthening of its board as it pursues its growth strategy in sustainable agrifood markets. Brown holds indirect interests in...
Wide Open Agriculture Discloses Final Director Interest After Board Departure
May 8, 2026
Wide Open Agriculture Ltd has announced that director Yaxi Zhan ceased to be a director of the company on 4 May 2026. The final director’s interest notice lodged with the ASX records Zhan’s holdings at departure, including fully paid o...
Wide Open Agriculture Overhauls Board to Drive Lupin Platform Scale-Up
May 5, 2026
Wide Open Agriculture has refreshed its board as it advances the commercialisation of its lupin ingredient platform, appointing Justin Brown as non-executive chairman and adding experienced directors to bolster capital markets, industrial scale-up...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.