Way 2 Vat Ltd. logo
W2V
Software & Services

Way 2 Vat

Short interest
1.03%
+1.02 pp 30d
as of 5 Mar 2024
Reported shorts
6.7M
Shares on issue
651.608M

Way 2 Vat (W2V) financials

Results, ratios and statements

Latest result

Half year to 30 Jun 2026 (HY26), figures in USD, the reporting currency · Company filing, 31 Aug 2026

Revenue
4.0M (source: Company filing (extracted))vs n/a
Company filing (extracted), as at 10 Oct 2026
NPAT
−5.5M (source: Company filing (extracted))vs n/a
Company filing (extracted), as at 10 Oct 2026
EPS (basic)
n/avs n/a
Rev YoY
+41.3%FY
EPS YoY
n/aFY
  • Company filing (extracted)

Summary of Half Year Results Announcement, 31 Aug 2026

Way2VAT reported revenue of $4.00 million for the half-year ended 30 June 2026, up 61% on the prior corresponding period. No dividend was declared. The company plans to implement substantial cost-cutting initiatives from 1 September 2026 to fast-track P&L breakeven, while also launching its new Way2Invoice AI e-invoicing platform to generate recurring revenue.

Automated summary of the filing; the filing itself is the record.

Key ratios

Year to 31 Dec 2025 (FY); no balance sheet aligned with this period; prices to 14 Oct 2026

Gross margin
n/a
Operating margin
n/a
Net margin
−98.7%
FCF margin
n/a
ROE
n/a
ROA
n/a
FCF conversion
n/a
Net debt (excl. leases)
n/a
Net debt / EBITDA
n/a
Current ratio
n/a
Interest cover
n/a
Cash dividends paid / net profit
n/a
Market cap
n/a (no share count we can vouch for)
P/E
n/a (reports in USD)
P/B
n/a (no share count we can vouch for)

Ratios use the reporting currency (USD); market cap is in AUD. Sources: Yahoo Finance and ASX (Markit), as at 14 Oct 2026.

Financial statements

Figures in USD, the reporting currency; Yahoo Finance unless marked

W2V income, newest period first, figures in USD
Line itemFY25FY24FY23FY22
Revenue6.4M (source: ASX (Markit))4.6M (source: ASX (Markit))2.0M (source: ASX (Markit))1.3M (source: ASX (Markit))
NPAT−6.4M (source: ASX (Markit))−5.5M (source: ASX (Markit))−4.3M (source: ASX (Markit))−4.6M (source: ASX (Markit))
Shares221.8M93.3M63.6M25.5M
  • ASX (Markit)