Firstwave Cloud Technology Ltd

Technology AU FCT

0.023AUD
0.002(9.52%)

Last update at 2024-05-08T03:11:00Z

Day Range

0.020.02
LowHigh

52 Week Range

0.020.06
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -13.43034M -13.45549M -10.64211M -13.77748M -11.00734M
Minority interest - - - - -
Net income -13.44829M -13.45549M -10.64211M -13.77748M -11.05094M
Selling general administrative 6.67M 7.16M 6.28M 6.17M 5.86M
Selling and marketing expenses 4.59M 5.07M 5.17M 6.03M 6.87M
Gross profit 9.63M 6.19M 4.30M 4.48M 4.98M
Reconciled depreciation 4.13M 3.61M 2.72M 2.25M 1.29M
Ebit -4.92773M -16.23473M -15.99451M -17.11953M -10.96373M
Ebitda -0.79307M -12.62583M -13.27810M -14.87344M -9.67114M
Depreciation and amortization 4.13M 3.61M 2.72M 2.25M 1.29M
Non operating income net other - - - - -
Operating income -8.38424M -12.62583M -13.27810M -14.87344M -10.96373M
Other operating expenses 20.33M 16.43M 11.48M 14.41M 21.94M
Interest expense 0.01M 0.05M 0.05M 0.08M 0.04M
Tax provision 0.02M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income 0.14M 0.01M 0.09M 0.05M 0.06M
Net interest income 0.13M -0.04728M 0.04M -0.07661M 0.01M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.02M -3.56162M -2.75492M -2.16948M 0.04M
Total revenue 12.49M 9.35M 7.98M 8.25M 8.83M
Total operating expenses 22.15M 22.42M 20.30M 21.60M 18.10M
Cost of revenue 2.86M 3.16M 3.67M 3.77M 3.85M
Total other income expense net -5.17183M -0.78239M 2.60M 1.17M -0.04360M
Discontinued operations - - - - -
Net income from continuing ops -13.44829M -13.45549M -10.64211M -13.77748M -11.00734M
Net income applicable to common shares -13.44829M -13.45549M -10.81211M -13.77748M -11.00734M
Preferred stock and other adjustments - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Total assets 63.33M 76.74M 25.05M 25.25M 15.94M
Intangible assets 3.70M 12.34M 9.50M 6.67M 4.57M
Earning assets - - - - -
Other current assets 0.18M 0.34M 0.69M 0.59M 0.13M
Total liab 10.90M 11.58M 10.01M 9.89M 8.94M
Total stockholder equity 52.43M 65.16M 15.04M 15.35M 7.01M
Deferred long term liab - - - - -
Other current liab 4.09M 4.01M 1.73M 3.48M 3.79M
Common stock 128.47M 128.43M 63.76M 54.67M 36.51M
Capital stock 128.47M 128.43M 63.76M 54.67M 36.51M
Retained earnings -81.95572M -69.00494M -56.33136M -45.69915M -32.23381M
Other liab 2.29M 1.88M 2.12M 1.91M 1.71M
Good will 49.49M 49.49M 49.49M - -
Other assets - - 0.00000M 0.19M 0.56M
Cash 5.61M 10.41M 9.96M 15.28M 8.06M
Cash and equivalents - - - 15.28M 8.06M
Total current liabilities 8.47M 9.44M 7.89M 7.99M 7.23M
Current deferred revenue 3.06M 4.20M 4.50M 3.40M 2.66M
Net debt -5.34699M -10.04102M -9.32888M -14.81707M -8.05669M
Short term debt 0.12M 0.11M 0.63M 0.46M 0.00448M
Short long term debt - - - - -
Short long term debt total 0.26M 0.37M 0.63M 0.46M 0.00448M
Other stockholder equity -46.51903M -59.42134M -7.25914M -8.96837M 2.74M
Property plant equipment 0.32M 0.46M 0.75M 0.61M 0.43M
Total current assets 9.82M 14.43M 14.80M 17.78M 10.38M
Long term investments - - - - -
Net tangible assets -0.77368M 3.32M 5.37M 8.69M 2.44M
Short term investments 0.13M 0.13M 0.03M 0.13M -
Net receivables 3.19M 3.08M 3.01M 0.78M 1.03M
Long term debt - - - - -
Inventory 0.71M 0.61M 1.14M 1.13M 1.16M
Accounts payable 1.19M 1.12M 1.03M 0.64M 0.77M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 5.91M 5.74M 7.61M 6.39M 2.74M
Additional paid in capital - - - - -
Common stock total equity - - - 54.67M 36.51M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -53.51296M -62.30636M -10.25166M 0.19M 0.56M
Deferred long term asset charges - - - - -
Non current assets total 53.51M 62.31M 10.25M 7.47M 5.56M
Capital lease obligations 0.26M 0.37M 0.63M 0.46M 0.00448M
Long term debt total 0.14M 0.26M 0.46M 0.00000M 0.00000M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -2.91474M -2.24669M -3.37650M -3.75035M -2.56823M
Change to liabilities -0.32523M 1.85M -1.42523M -0.13410M 3.99M
Total cashflows from investing activities -2.91474M -2.24669M -3.82719M -3.75035M -2.56823M
Net borrowings -0.12882M -2.97063M -0.49922M -0.31955M -0.08266M
Total cash from financing activities -0.13095M 10.70M 6.43M 19.67M 11.19M
Change to operating activities -0.35338M -1.11105M -0.10657M 1.30M -2.69583M
Net income -13.44829M -13.45549M -10.81211M -13.77748M -11.00734M
Change in cash -4.80117M 0.45M -5.31947M 7.22M 2.28M
Begin period cash flow 10.41M 9.96M 15.28M 8.06M 5.78M
End period cash flow 5.61M 10.41M 9.96M 15.28M 8.06M
Total cash from operating activities -1.75548M -8.00357M -8.04667M -8.70078M -6.34582M
Issuance of capital stock - 14.72M 7.18M 21.62M 11.82M
Depreciation 0.22M 0.33M 0.56M 0.67M 1.29M
Other cashflows from investing activities 0.00000M 0.96M - - -
Dividends paid - - 0.44M 19.67M -
Change to inventory - - - - -
Change to account receivables -0.08145M 0.15M -1.11444M -0.47313M 1.07M
Sale purchase of stock -0.00213M -1.05144M -0.33000M -1.62451M -0.54699M
Other cashflows from financing activities -2.91474M -0.68849M 0.24M -3.75035M -2.56823M
Change to netincome 8.32M 0.96M 2.74M 2.13M 1.01M
Capital expenditures 2.91M 3.21M 3.38M 3.75M 2.57M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.08145M 0.15M -1.11444M -0.47313M 1.02M
Stock based compensation 0.70M 0.86M 3.08M 2.13M -
Other non cash items 11.48M 5.12M 2.21M 4.41M 9.71M
Free cash flow -4.67023M -11.20920M -11.42317M -12.45112M -2.56823M

Fundamentals

  • Previous Close 0.02
  • Market Cap37.61M
  • Volume126991
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-7.39623M
  • Revenue TTM11.71M
  • Revenue Per Share TTM0.007
  • Gross Profit TTM 9.63M
  • Diluted EPS TTM-0.01

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FCT
Firstwave Cloud Technology Ltd
0.002 9.52% 0.02 - - 3.79 0.85 3.63 -5.66
SQ2
Block Inc
-2.77 2.48% 109.04 3534.00 24.63 3.46 2.62 3.25 90.11
MP1
Megaport Ltd
0.04 0.28% 14.57 226.83 70.42 12.72 16.12 12.82 54.83
GTK
Gentrack Group Ltd
0.05 0.66% 7.64 81.89 59.17 4.69 4.76 4.57 32.49
FCL
Fineos Corporation Holdings Plc
0.17 9.97% 1.93 - - 4.67 2.17 4.35 320.60

Reports Covered

Stock Research & News

Profile

FirstWave Cloud Technology Limited develops and sells network monitoring and internet security software in Australia, the United States, Canada, Mexico, Central America, South America, and internationally. The company provides Network Management Information System, a complete network management solution; opEvents, a centralized event log management software; opReports, an advanced analysis and reporting solution; opHA, a distributed network management solution; opCharts, an interactive dashboards and charts solution; opConfig, a network configuration management solution; and opAddress, an IP address audit and management solution, as well as Open-AudIT, a network discovery and inventory software. It also offers cybersecurity solutions, including CyberCision, a cybersecurity-as-a-service platform that enables service providers to sell, provide, and deliver security services to their customers; Email Security, which protects against phishing attacks targeted at specific businesses or employees; Web Security, a cloud security for users on and off the network; Firewall Security, an enterprise-grade firewall solution; and advanced detection and response that automatically blocks or removes email threats. Its products are used in the telco and internet service providers, large enterprise, config and compliance, IoT device monitoring, IT process automation, remote monitoring and management, security for MSP partners, and SMB cybersecurity solutions. The company was founded in 2004 and is based in North Sydney, Australia.

Firstwave Cloud Technology Ltd

132 Arthur Street, North Sydney, NSW, Australia, 2060

Key Executives

Name Title Year Born
Mr. Danny Maher MD, CEO & Director NA
Mr. Iain Bartram CFO & Company Sec. NA
Mr. Simon Ryan Chief Technology Officer NA
Mr. Craig Nelson Head of Global Sales NA
Chris Jacko Chief Marketing Officer NA
Mr. Murray Scott Commercial Officer NA
Mr. Sundar Bharadwaj Head of Sales - UK & MEA NA
Santosh Agrawal Head of Customer Operations NA
Tony Bishop Chief Information Security Officer NA
Mr. Dino Davanzo Chief Revenue Officer NA

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