W2V 0.00% 1.3¢ way 2 vat ltd.

Ok, it's time to update this thread, it's been a while, my...

  1. 4,452 Posts.
    lightbulb Created with Sketch. 1601
    Ok, it's time to update this thread, it's been a while, my apologies. It takes time for me to run through all the numbers & the anns again & be able to type everything up in a coherent manner.

    I was hoping GTV would be $30M in 2023 & it fell a little short. Total GTV came in at $23.7M, which was an increase on 2022, but not quite the 50% to 100% growth W2V was doing in past.

    WAY 2 VAT LTD. (ASX:W2V) - Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
    https://hotcopper.com.au/data/attachments/6133/6133258-ba08f11c6cbdb5296dbed9450a80088a.jpg
    So, growth has slowed but the company is still growing.

    Perhaps 25% growth for 2024 would be more realistic? That would push GTV to around $30M in 2024.

    Anyway, off to a good start in 2024 with Q1 GTV results coming in at $4.1M, much better than the previous two Q1 results for 2023 & 2022, which both came in at $2.2M.

    So, the GTV number to beat in 2024 is $23.7M (2023 total). Q2 GTV in 2023 was $9.7M, so considering W2V has increased its client base since then, I'm hoping for an increase in GTV in Q2 2024. My guess is around $14M.

    My GTV prediction for 2024 is $30M. If that 25% per year growth rate continues it would hit $37.5M in 2025 & $46.9M in 2026. That's exponential growth. Of course, the growth rate can fall or increase, but as long as the company continues to grow it's heading in the right direction.

    An acquisition could boost the client base, GTV, COH, cash receipts & revenues overnight.

    https://hotcopper.com.au/data/attachments/6133/6133302-7428ee1707ba07660669d25687b4b334.jpg

    WAY 2 VAT LTD. (ASX:W2V) - Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

 
watchlist Created with Sketch. Add W2V (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $11.36M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $18.21K 1.400M

Buyers (Bids)

No. Vol. Price($)
4 1114737 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 1118460 7
View Market Depth
Last trade - 12.30pm 15/05/2024 (20 minute delay) ?
Last
1.3¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
1.3¢ 1.3¢ 1.3¢ 844154
Last updated 15.25pm 15/05/2024 ?
W2V (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.