WOTSO Property (WOT) AI Stock Analysis

• Market Cap: AU$98.67M
• Dividend Yield: 3.95%
• Average Volume (3M): 12.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: -5.21%
• EPS Growth: -14350.00%
• Country: AU
• Employees: 97
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): -0.03
• Shares Outstanding: 161,754,840
• 10 Day Avg. Volume: 30,160
• 30 Day Avg. Volume: 12,343
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 2.07
• P/FCF Ratio: 6.57
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: AU$0.59 ▲(2.98% Upside)
• Action: Reiterated Date: 03/07/26
• Date: Action: Reiterated 03/07/26

The score is held back mainly by weak profitability, negative revenue growth, and negative ROE, while stronger free cash flow trends provide some support. Technically, indicators point to modest improving momentum, and valuation is mixed with a solid dividend yield but a loss-making (negative P/E) profile.

Positive Factors

Recurring revenue model

Membership-based revenues and pay-per-use workspace fees create a recurring, contract-like cash stream. This recurring model supports predictable revenue, aids member retention focus, and provides a durable basis for forecasting occupancy-driven growth and cash generation over months.

Free cash flow growth

Growing free cash flow increases liquidity and financial optionality: it enables reinvestment in sites, funds debt service or dividends, and cushions cyclical occupancy swings. Sustained FCF growth materially strengthens operational resilience over a multi-month horizon.

Moderate leverage and asset base

A moderate debt profile with a stable equity ratio indicates prudent leverage for a property/REIT business. This preserves capacity to finance new locations or refurbishments without excessive refinancing risk, supporting steady operations and strategic growth opportunities.

Negative Factors

Negative return on equity

Negative ROE signals the company is not earning adequate returns on shareholders' capital. Over time this can erode equity value, limit investor confidence, and constrain access to growth capital unless underlying profitability is restored.

Net losses and weak profitability

Sustained net losses reduce retained earnings and restrict reinvestment or dividend capacity. If losses persist, they can force cost cutting, asset sales, or higher leverage, undermining long-term service quality and the ability to scale the membership business sustainably.

Declining operational margins

Falling EBIT/EBITDA margins point to rising operating costs or weaker pricing power. This compresses cash generation potential from core operations, making it harder to translate occupancy gains into lasting profit improvement and weakening margin resilience over months.

WOTSO Property Business Overview & Revenue Model

Company Description

Wotso Property is a real estate investment trust externally managed by BlackWall Fund Services Limited. It invests in the real estate markets across Australia. It primarily invests in the industrial, retail and commercial Australian properties, and unlisted property securities. Wotso Property is based in Australia.

How the Company Makes Money

WOTSO generates revenue primarily through the leasing of co-working spaces and serviced office suites to businesses and individuals. Its revenue model includes subscription-based memberships that provide various levels of access to workspace facilities, including hot desks, dedicated desks, and private offices. Additional income is derived from meeting room rentals and event space bookings, which cater to both members and external clients. The company may also benefit from partnerships with local businesses and service providers, offering its members exclusive deals and enhancements to the workspace experience. This diverse revenue stream allows WOTSO to capitalize on the growing demand for flexible office solutions in an evolving work landscape.

WOTSO Property Financial Statement Overview

Summary

Financials are mixed: weak profitability and negative revenue growth (income statement score 45) and negative ROE (balance sheet score 55) are partially offset by stronger free cash flow growth and liquidity signals (cash flow score 60).

Income Statement

WOTSO Property's income statement reveals challenges with profitability and revenue growth. The company has experienced a significant decline in revenue growth, with a negative growth rate in the latest year. Gross profit margins have been relatively stable, but the net profit margin has turned negative, indicating losses. The EBIT and EBITDA margins have also decreased, suggesting operational inefficiencies.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, which indicates a balanced approach to leveraging. However, the return on equity is negative, reflecting the company's struggle to generate returns for shareholders. The equity ratio is stable, suggesting a solid asset base, but the overall financial health is impacted by the negative ROE.

Cash Flow

The cash flow statement indicates a strong growth in free cash flow, which is a positive sign of liquidity. The operating cash flow to net income ratio is relatively low, suggesting that cash generation from operations is not fully supporting net income. However, the free cash flow to net income ratio is healthy, indicating efficient cash management.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	47.99M	47.05M	49.72M	49.00M	39.82M	30.27M
Gross Profit	197.00K	25.94M	25.09M	15.27M	25.51M	17.06M
EBITDA	-982.00K	16.93M	22.27M	14.31M	50.20M	24.21M
Net Income	-8.87M	-4.87M	-23.00K	855.00K	30.57M	5.73M
Balance Sheet
Total Assets	391.34M	401.54M	392.06M	481.86M	485.02M	420.27M
Cash, Cash Equivalents and Short-Term Investments	1.92M	4.93M	3.67M	7.45M	2.51M	7.47M
Total Debt	190.25M	155.68M	137.24M	192.37M	164.74M	140.69M
Total Liabilities	165.69M	169.34M	151.82M	205.25M	188.16M	147.74M
Stockholders Equity	221.60M	228.41M	236.55M	245.99M	255.57M	234.17M
Cash Flow
Free Cash Flow	4.74M	14.81M	5.70M	2.32M	18.43M	9.78M
Operating Cash Flow	13.81M	18.92M	17.13M	13.10M	20.67M	12.48M
Investing Cash Flow	-12.70M	-12.24M	-18.45M	-15.54M	-21.39M	-23.01M
Financing Cash Flow	-722.00K	-5.43M	-10.26M	7.37M	-7.68M	-145.00K

WOTSO Property Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.57
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WOT, the sentiment is Positive. The current price of 0.57 is above the 20-day moving average (MA) of 0.57, above the 50-day MA of 0.54, and below the 200-day MA of 0.58, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 64.13 is Neutral, neither overbought nor oversold. The STOCH value of 94.87 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WOT.

WOTSO Property Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
APW	70 Outperform	AU$153.15M	4.96	4.26%	―	-52.10%	119.21%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ABG	57 Neutral	AU$907.06M	5.68	1.70%	7.11%	4.69%	―
WOT	56 Neutral	AU$98.67M	-5.93	-3.94%	3.95%	-5.21%	-14350.00%
CLW	54 Neutral	AU$2.45B	4.72	6.69%	6.14%	-9.63%	―
GOZ	53 Neutral	AU$1.63B	7.35	1.57%	8.12%	-0.33%	58.26%
TOT	51 Neutral	AU$86.04M	7.09	1.89%	7.41%	-4.87%	―

WOTSO Property Corporate Events

WOTSO director-linked entities lift stake via in-specie dividend and market buy

WOTSO has disclosed a change in director Joseph Glew’s indirect interest in the company’s ordinary securities, with his associated entities increasing their combined holding from 41,911,334 to 47,285,959 stapled securities over the period from 24 February to 2 March 2026. The increase reflects the receipt of 4,660,494 WOTSO securities via an in‑specie dividend distributed to BlackWall Limited shareholders and an additional on‑market purchase of 714,131 securities for about $408,760, signalling a larger aligned stake by a key director‑related group and modestly concentrating ownership.

The most recent analyst rating on (AU:WOT) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on WOTSO Property stock, see the AU:WOT Stock Forecast page.

WOTSO lifts earnings as coworking network expands and capital is redeployed

WOTSO reported higher revenue and earnings for the half-year to 31 December, driven by new locations, stronger performance at developing sites, disciplined cost control and sharp growth in ancillary coworking services. The company increased total revenue 3% to $24.6 million, underlying EBITDA 6% to $5.4 million, and flexspace revenue 7% to $16.9 million, while cutting administrative and overhead costs by 7% and lifting same-location revenue per available desk to $375.

The group expanded its network to 35 coworking spaces, added more than 8,000 leasable desks, and opened four new sites in Australia and New Zealand, with four more underway and a target of over 40 locations by June 2026. It also sold a non-core industrial property at Yandina in Queensland for $27 million, planning to redeploy net proceeds of $16.5 million into new coworking sites, a move expected to temporarily dent revenue but sharpen strategic focus and support the next phase of growth.

The most recent analyst rating on (AU:WOT) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on WOTSO Property stock, see the AU:WOT Stock Forecast page.

WOTSO Releases Comprehensive December 2025 Financial Report

WOTSO Property has released its December 2025 financial report package, outlining the directors’ report, audited financial statements, cash flows, changes in equity, and an independent auditor’s opinion. The documentation also includes a detailed directory of properties, glossary, and important information, signalling a routine but comprehensive disclosure of financial performance and asset base for stakeholders.

The release underscores WOTSO’s adherence to formal reporting and audit standards, which supports transparency and governance for investors and lenders. By providing a structured view of profit or loss, balance sheet strength, and property holdings, the company gives stakeholders key data to assess operational performance and the quality of its underlying real estate portfolio.

The most recent analyst rating on (AU:WOT) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on WOTSO Property stock, see the AU:WOT Stock Forecast page.

WOTSO Declares Interim Distribution for Half-Year to December 2025

WOTSO has declared a distribution of AUD 0.0135 per fully paid ordinary stapled security for the six-month period ended 31 December 2025. The distribution will trade ex on 2 March 2026, with a record date of 3 March 2026 and payment scheduled for 10 April 2026, providing income to securityholders in line with its regular distribution timetable.

The most recent analyst rating on (AU:WOT) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on WOTSO Property stock, see the AU:WOT Stock Forecast page.

WOTSO Lifts Q2 Revenue as New Sites Boost FlexSpace Network

WOTSO reported a strong second quarter of FY26 for its FlexSpace segment, opening three new sites—two in New Zealand and one in Australia—that expanded its footprint to 7,955 desks with 80% occupancy. The company’s combination of owned and leased locations underpins its growth strategy, enabling further regional penetration as demand for local coworking options increases and landlords increasingly select WOTSO as operator.

Quarterly revenue rose to $8.51 million, up 9% year on year, continuing a five-year trend that has seen Q2 revenue grow from $4.08 million in FY21 to $8.51 million in FY26, a 15.9% CAGR. Revenue per available desk stabilised at $357 as a greater proportion of start-up locations, especially in newer regions including New Zealand and Victoria, temper group averages during ramp-up, but management expects RevPAD to trend higher as these sites mature and occupancy strengthens.

The most recent analyst rating on (AU:WOT) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on WOTSO Property stock, see the AU:WOT Stock Forecast page.

WOTSO posts half-year loss but lifts interim distribution amid portfolio expansion

WOTSO reported operating income of $24.6 million for the half-year to 31 December 2025, up 3% year on year, but a swing in asset revaluations pushed total revenue from continuing operations down 14% to $23.6 million. The group moved to a net loss attributable to securityholders of $4.8 million from a $0.3 million profit a year earlier, while net tangible asset value per stapled security eased to $1.18 from $1.22.

Despite the loss, WOTSO has declared an increased interim distribution of 1.35 cents per stapled security, up from 1.0 cent, payable on 10 April 2026 to holders on 3 March 2026. During the period, the group expanded its footprint by gaining control of several new entities, including vehicles linked to Murarrie, South Melbourne, Yandina Industrial and Macquarie Park assets, and confirmed its half-year financial report received an unqualified review conclusion.

The most recent analyst rating on (AU:WOT) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on WOTSO Property stock, see the AU:WOT Stock Forecast page.

WOTSO Locks In $27m Yandina Sale to Fund Property Portfolio Expansion

WOTSO has confirmed that the call option over its Yandina property in Queensland has been exercised, locking in a $27 million sale with settlement scheduled for 17 February 2026 and expected net proceeds of about $16.5 million. The company plans to redeploy the funds into expanding its property portfolio in support of its operating businesses, a move that signals continued portfolio recycling and growth in flexspace‑suitable assets, with potential implications for its capital allocation strategy and long‑term positioning in the suburban and regional flexible workspace market.

The most recent analyst rating on (AU:WOT) stock is a Hold with a A$0.54 price target. To see the full list of analyst forecasts on WOTSO Property stock, see the AU:WOT Stock Forecast page.

WOTSO Director Increases Stake with On-Market Acquisition

WOTSO announced a change in the director’s interest, with Joseph Glew acquiring an additional 25,000 ordinary securities through an on-market acquisition. This change reflects a minor increase in Glew’s indirect interest in the company, potentially indicating confidence in the company’s future performance.

The most recent analyst rating on (AU:WOT) stock is a Hold with a A$0.67 price target. To see the full list of analyst forecasts on WOTSO Property stock, see the AU:WOT Stock Forecast page.