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.
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.
Below is from the last quarterly.
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.
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.
Difference between gross profit and net profit - Zoho Books
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W2V generated US$1.3 million in revenue in 2021 with US$1...
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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($) | Vol. | No. |
---|---|---|
0.7¢ | 1970221 | 2 |
View Market Depth
No. | Vol. | Price($) |
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13 | 5368824 | 0.006 |
8 | 3299800 | 0.005 |
1 | 500000 | 0.004 |
3 | 5868333 | 0.003 |
2 | 1045000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1970221 | 2 |
0.008 | 1925007 | 5 |
0.009 | 3750000 | 3 |
0.010 | 5927980 | 8 |
0.011 | 2664302 | 5 |
Last trade - 10.50am 20/06/2025 (20 minute delay) ? |
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W2V (ASX) Chart |