W2V 13.3% 1.3¢ way 2 vat ltd.

I think there are only a few essential elements that need to be...

  1. 4,425 Posts.
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    I think there are only a few essential elements that need to be followed at W2V.

    1. Increase in clients.
    2. Increase in GTV.
    3 Customer retention, which remains at 97%.
    4. Company expenses.

    Company profits should be the result, only time will tell.

    So far, so good.

    https://hotcopper.com.au/data/attachments/4905/4905115-7bf05eac41f1cf4589fbdda08c963402.jpg
    https://hotcopper.com.au/data/attachments/4905/4905118-11ca8bbd45f5dead9a495d0c3d6e4fe5.jpg

    WAY 2 VAT LTD. (ASX:W2V) - W2V transaction volumes., page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    If all the above happens, it should result in an increase in the cash receipts for W2V. Keep in mind company that expenses have to remain under control.

    What could help increase GTV?

    1. Expansion of the debit card.

    https://hotcopper.com.au/data/attachments/4905/4905161-1dd062ab127e6f21fdb3169b026dbdd2.jpg

    The initial phase is already underway.

    WAY 2 VAT LTD. (ASX:W2V) - Ann: W2V Smart Spend Debit Mastercard - Initial rollout update, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    2. Expansion of the product suite (which has been in all the quarterly's, from memory, & some company presentations). This might give W2V the ability to upsell new products to its current clients. Getting more money from the same clients sounds like a good business plan to me.

    https://hotcopper.com.au/data/attachments/4905/4905147-37094c3ec2cc75372641558f82919cd1.jpg
    3. More clients.
    4. Further acquisitions, like DevoluIVA.

    All of the above will help to increase cash receipts for the company. What else could increase W2V cash receipts?

    1. Countries increasing their GST/VAT tax. That would, in turn, force W2V clients to pay more money when they travel for business. W2V could charge a higher commission on a successful VAT reclaim.
    2. W2V increases the fees it charges clients.

    Current debit card fees.

    https://hotcopper.com.au/data/attachments/4905/4905174-2e1b762599b5c8dc9adba7d318185783.jpg

    https://hotcopper.com.au/data/attachments/4905/4905197-19a558130301286cea5c1a37489f12f0.jpg

    https://hotcopper.com.au/data/attachments/4905/4905202-8bf5b20b47ad1d7b4fa58a49227424c0.jpg

    The current rollout had a target of 5,000 cards x $15 per card per month = $75,000 per month. That's $900,000 per year in revenue. Plus, the administration licence per month & per licence. To me, $15 sounds too cheap for a commercial business. Cards issued by the big banks to retail clients charge anywhere from $0 to hundreds of dollars per month, especially from some platinum cards. Hopefully W2V can increase the fees on these cards in time. Then add the W2V commission charged per card from any VAT reclaim made on the debit card. All of this is on top of the current fee revenue, not shown in the above graphs. It will take time for the planned expansion to get underway & for the revenue to flow.

    w2v – Pricing (way2vat.com)

    There could be more support from the IIA in 2023, it's only a few weeks away.

    WAY 2 VAT LTD. (ASX:W2V) - Ann: Way2VAT receives $A625,000 R&D and commercialisation grant, 62151814, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    Way2VAT receives $625K in funding highlighting its innovation in fintech - YouTube

    In a world’s first, Way2VAT ASX W2V launches Smart Spend Debit Mastercard to automate VAT:GST return - YouTube

    WAY 2 VAT LTD. (ASX:W2V) - Ann: Market Update, 65018641, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    W2V needs more clients, keep the clients they do have & upsell them any new products developed by the W2V R&D department. This is a fintech company, it would need to evolve & improve its products constantly, just like any other tech company.

    Let's see what the next quarterly brings, which should contain the first GTV from DevoluIVA.

    @stormer, you need a reminder, to read company anns.

    WAY 2 VAT LTD. (ASX:W2V) - Ann: Way2Vat Secures A$1.1m Placement, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum


 
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