Way 2 Vat Ltd (w2v) Logo

Way 2 Vat Ltd (W2V)

___:___ · Technology
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W2V Chart

Snapshot

W2V's Principal Activity is the the Company consisted of expanding the SMB channel with Technology partners such as Zoho, Yokoy, Sage, Allocate and Webexpenses and the Company has further signed up with new enterprise clients in Europe, such as: CBRE, Mastercard, Playmobile and Bang and Olufsen.

Share Price Activity

Last (Price)
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Bid / Ask -
Volume
Volume (4w avg)
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Day Range -
VWAP
Prev Close
Last Trade

Performance

1 Week
1 Month
2022 YTD
1 Year
vs Sector (1yr) -
vs ASX 200 (1yr) -75.73%

Size

Market Cap Question Mark Icon
Excludes mandatory escrowed shares and foreign shares.
ASX Rank 2,258 of 2,427
Sector Rank 209 of 234

Key Fundamentals

Shares Issued
Sector Technology
Similar Companies NOR / CWL / APV
EPS -$0.09
DPS $0.00
Book Value Per Share $0.03

Broker Consensus

W2V is not covered by a major broker, or data from most recent compilation was omitted due to not meeting QA guidelines.

Announcements

Date Heading Pages File Size Time

Corporate Overview

Way 2 Vat Ltd (W2V) offers its clients a VAT and GST reclaim and compliance solution and service via its proprietary patented platform (W2V Platform) and provides clients with a "one‑click to claim" solution to recover local and foreign VAT incurred. Way2Vat's VAT and GST reclaim solution is available in more than 40 countries and Way2Vat offers its solution on the W2V Platform to more than 220 clients.

Incorporation Details

No incorporation details available.

Corporate Details

Head Office Tel Aviv Israel 6971051
Website www.way2vat.com
Registry Automic Group
Auditor BDO Israel
Date Listed 17 Sep 2021

Upcoming Calendar (Forecasted)

Date Event
27/02/2023 Report (Prelim)
30/03/2023 Report (Annual)

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date Amount Franking Gross Type Payable
No dividends paid.

See Upcoming Dividends for all ASX companies.

Directors & Management

Directors & Management

Name Title Since Bio
Mr Euh(David) Hwang Company Secretary May 2022
Mr Robert Edgley Non-Executive Director Sep 2021

Mr Robert Edgley

Non-Executive Director

Mr Edgley has served multiple board roles throughout his career. Previously serving as a founding non executive director for Praemium Limited (ASX:PPS), Mr Edgley saw the company through its listing on the ASX in 2006 and served as the chairman for the audit and risk committee, due diligence committee and remuneration and nomination committee. Mr Edgley is currently the non executive director for EVZ Limited (ASX:EVZ) and SelfWealth Limited (ASX:SWF) and is the non executive chairman for DataMesh Limited. Mr Edgley previously spent a year in Japan as an exchange student and later returned as a branch manager for County Natwest Securities in Tokyo. He is also member of Risk Committee of W2V.

Mr David Buckingham Non-Executive Director Sep 2021

Mr David Buckingham

Non-Executive Director

Mr Buckingham has over thirty years of experience as a corporate executive in telecommunications, media, technology, IT and education. Mr Buckingham began career in the Audit and Corporate Finance team at PricewaterhouseCoopers in the UK and Australia. Most recently, Mr Buckingham served as both Chief Executive Officer and Chief Financial Officer of Navitas Limited (ASX:NVT), a global education provider. Prior to Navitas, David worked for Telewest Global as the Group Treasurer and Director of Financial Planning, Virginmedia, as Finance Director Business Division and iiNet (ASX:IIN) where he held the roles of chief financial officer and chief executive officer between 2008 and 2015. Mr Buckingham is currently the non-executive chairman of Pentanet Limited (ASX:5GG), non-executive director of OpenLeaning Limited (ASX:OLL), non-executive director of Nuheara Limited (ASX:NUH) and non-executive director of Hiremii Limited (ASX:HMI). He is also member of Risk Committee of W2V.

Ms Ayelet Nahmias Verbin Non-Executive Director Sep 2021

Ms Ayelet Nahmias Verbin

Non-Executive Director

Ms Nahmias Verbin has had a career in the business sector as well as the public sector. She also has experience in corporate law, the capital markets and corporate governance. Ms Nahmias Verbin started her career as an assistant in the Prime Minister's office under the leadership of the late Itzhak Rabin. After several years, Ms Nahmias Verbin moved to the private sector where she served as a board member in several companies and as Chairperson of Tavlit Plastic, a water technologies company founded by her late father. She has been lecturing in Lahav Management School in Tel Aviv Koller Management faculty since 2005. As a Member of Knesset (2015 2019), Ms Nahmias Verbin served in the economic committee, security and foreign relations committee, house committee and special hearing committee of the Israeli credit market and also has a background in regulation. In 2016 she was awarded with the "excellent MK" rating by Israel Democracy institute (IDI). Currently, Ms Nahmias Verbin has taken on public and voluntary roles and re-assumed positions in the business sector. Since early 2020, Ms Nahmias Verbin has served as Vice President of the Israeli Manufacturer's Association, Chairman of Tavlit Plastic, Chairperson of Jready - the global crises management of the Jewish agency as well as the fund of the victims of terror. In the business sector, Ms Nahmias Verbin also serves as a board member in several companies. She is also member of Risk Committee of W2V.

Mr David Haim Assia Non-Executive Director Dec 2018

Mr David Haim Assia

Non-Executive Director

Mr Assia has experience in Israeli high tech software industry. Mr Assia founded multiple global companies and listed them on either NASDAQ or TASE (Tel Aviv Stock Exchange). Mr Assia is the Chairman of iAngels, a crowd funding platform and is involved as a lead angel and a director in multiple high tech companies. Mr Assia also runs his family's, privately held, investment company, Nadyr Investments Ltd. Prior to iAngels, Mr Assia was the executive Chairman of eToro, the social trading network. In 1986, Mr Assia co founded Magic Software, where he served as either Chairman or CEO until 2007. Magic Software is a global international software company with world class innovative development and integration platforms. Magic Software was the first Israeli Software Company to be listed on NASDAQ (MGIC) in 1991. In 1980, Mr Assia co founded Mashov Computers, the micro computer software company in Israel, being one of the first high tech companies to be listed three (3) years later, on the Tel Aviv Stock Exchange - TASE. Mr Assia is involved in educational institutions such as the Weizmann Institute of Science, the Israel Education Fund, Tel Aviv University and Yeda Research and Development, the technology transfer office of the Weizmann Institute. Mr Assia is also on a board member of the First International Bank of Israel and DBmaestro and Become (formerly Lending Express).

Mr Adoram Ga'ash Non-Executive Chairman,Non-Executive Director Feb 2016

Mr Adoram Ga'ash

Non-Executive Chairman,Non-Executive Director

Mr Ga'ash has gained 20 years experience working as a venture capitalist and in startups leadership. Prior to founding Moneta VC, Mr Ga'ash founded StageOne VC which invested in approximately 20 start ups and resulted in seven exits. Later in his career, Mr Ga'ash joined Silicon Valley based investment bank, GrowthPoint Technology Partners, to head up the Israeli practice and in this role he has assisted start ups with exploring their exit strategy with global companies. Earlier in his career, Mr Ga'ash founded Radwiz that was subsequently acquired by a Silicon Valley company.

Mr Amos Simantov Founder,Chief Executive Officer,Managing Director Feb 2014

Mr Amos Simantov

Founder,Chief Executive Officer,Managing Director

Mr Simantov has more than 25 years of experience as an executive - including as CEO, and EVP Sales of global high tech enterprises such as SintecMedia/Operative, Rit Technologies (a NASDAQ Company), Lognet Systems, and ADI. Mr Simantov focuses in the SaaS platform, Fintech, broadcast, IT and telecom industry and has experience in managing companies, including several exits and mergers & acquisitions.

Director Interests

The current holdings of W2V directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
David Assia 30/12/2021 N/A N/A 3,954,668 N/A
Amos Simantov 30/12/2021 8,536,221 N/A 8,152,182 N/A
Adoram Ga'ash 30/12/2021 N/A 7,651,979 3,355,577 N/A
Ayelet Nahmias Verbin 30/12/2021 N/A N/A 1,000,000 N/A
David Buckingham 30/12/2021 N/A N/A 181,996 N/A
Robert Edgley 30/12/2021 N/A N/A 2,000,000 N/A

Shareholder Info

Top 20 Shareholders

Data supplied by Morningstar and accurate on Mar 29, 2022.

It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). If a company chooses to publish the data, it's usually once a year in their Annual Report.

All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps).

Name Shares Capital
Cs Third Nominees Pty Limited (Hsbc Cust Nom Au Ltd 13 A/C) 13,937,674 10.09%
National Nominees Limited 9,603,526 6.95%
Poalim Equity Ltd 9,280,778 6.72%
Dempsey Capital Pty Ltd (Alium Alpha A/C) 7,909,961 5.73%
Global Fintech Solutions 6,846,719 4.96%
Chrome Crest Investments Limited (Sh Services Limited A/C) 6,427,115 4.65%
Moneta Seeds Lp 6,061,174 4.39%
Silverhorn Spc Ltd (Silverhorn Israeli Ventures Segregated A/C) 5,192,342 3.76%
Prytek Investment Holdings Pte Ltd 4,816,296 3.49%
Iangels Technologies Lp 3,703,185 2.68%
Mainstream Fund Services Pty Ltd (Perennial Private To Public Opportunties A/C) 3,695,492 2.67%
David Pozezynski 2,344,674 1.70%
Worldquant Ventures Llc 2,088,625 1.51%
Yerushalmi Refael 2,076,940 1.50%
Dalumi Meir 2,076,940 1.50%
Orient Global Holdings Pty Ltd 1,755,358 1.27%
The Standard Bank Of South Africa Limited 1,743,528 1.26%
Citicorp Nominees Pty Limited 1,698,990 1.23%
58 Jarque Pty Ltd 1,652,502 1.20%
Exelmont Pty Ltd 1,530,643 1.11%
Altshuler Shaham Trusts Ltd (Arnon Yaar A/C) 1,262,792 0.91%

Shareholder Distribution

As reported in the most recent Annual Report.

Holding Size 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001+ Total
No. of Shareholders 0 0 234 358 92 684

Substantial Shareholders

A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.

Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.

Name Last Notice Total Shares Shares Held (%)
Regal Funds Management Pty Ltd 03/06/2022 11,374,485 7.41

Shareholders Buying

12 month transaction history compiled from ASX announcements.

Date Name Bought Previous % New %
17-09-21 Regal Funds Management Pty Ltd 15,045,023 -- 9.80
17-09-21 Eight Investment Partners Pty Limited 8,000,000 -- 5.81
17-09-21 Alium Alpha Fund 7,909,961 -- 5.15

Shareholders Selling

12 month transaction history compiled from ASX announcements.

Date Name Sold Previous % New %
16-06-22 Eight Investment Partners Pty Limited 8,000,000 5.81 --
03-06-22 Regal Funds Management Pty Ltd 431,436 7.69 7.41
22-04-22 Alium Alpha Fund 7,909,961 5.15 --
22-04-22 Regal Funds Management Pty Ltd 3,239,102 9.80 7.69

Historical Data

Share Price History

Date Close Change %Chg Open High Low Volume Turnover

Historical Data

Year Closing Price Last Trade
No Financial Year End data available
W2V Historical Price Data (CSV)
Up to 20 years of EOD share price history
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