Ann: Way2VAT lists on ASX following over-subscribed IPO, page-56

What they have?

1. Product already launched and running well
2. Some well known customers in the basket already.
3. Good profit margin( though at loss at current)
4. Faster, easier and cheaper than the conventional methods
5. Higher GST claim
6. Lack of direct competitor
7. AI will be a key player in coming years

I hope they got good marketing team to increase the customers. Once the pandemic is over and the world economy starts to recover, this company has potential to grow. However, in short term, the road can be bumpy. If they can add more customers frequently and make announcement, the SP will fly.

DYOR