W2V generated US$1.3 million in revenue in 2021 with US$1...

  1. 5,738 Posts.
    lightbulb Created with Sketch. 1889
    W2V generated US$1.3 million in revenue in 2021 with US$1 million in gross profits.

    W2V is already up 8% on the same period last year, with new revenue streams on the way. That should mean an increase in gross profits this year.



    https://hotcopper.com.au/data/attachments/4571/4571629-9bd95779c6c2ca0cc862f25658010fed.jpg

    Below explains some of the losses in 2021, some of which are one off payments. Management has pulled back on expenditure recently as per the last quarterly.


    https://hotcopper.com.au/data/attachments/4571/4571645-976445fb524b5a8c21ceae96575e8cef.jpg

    Below is from the last quarterly.

    https://hotcopper.com.au/data/attachments/4571/4571650-59c453ed0dc9331461e5ca4bb1a149e7.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

    Revenue earned with a 79% gross profit margin.


    https://hotcopper.com.au/data/attachments/4571/4571632-5d4a9bbd82b238355a04e6595b1b5b46.jpg

    FY2021 Results Webinar - YouTube

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

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

    I'll use the definition of net & gross profits from one of W2V partners.smile.png

    https://hotcopper.com.au/data/attachments/4571/4571662-012f5850e523fb5464792ba6648c5ff5.jpg

    Difference between gross profit and net profit - Zoho Books


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.7¢
Change
0.001(16.7%)
Mkt cap ! $11.89M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $3.5K 500K

Buyers (Bids)

No. Vol. Price($)
13 5368824 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 1970221 2
View Market Depth
Last trade - 10.50am 20/06/2025 (20 minute delay) ?
W2V (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.