Way 2 Vat Ltd (ASX:W2V)

Way 2 Vat Balance Sheet

Financials in millions AUD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.92	0.77	0.13	0.72	1.52	4.31
Cash & Short-Term Investments	1.92	0.77	0.13	0.72	1.52	4.31
Cash Growth	122.83%	486.26%	-81.89%	-52.28%	-64.82%	73.80%
Accounts Receivable	6.91	7.36	4.5	3.48	3.08	2.02
Other Receivables	0.36	0.32	0.25	0.19	0.31	0.3
Receivables	7.27	7.68	4.75	3.67	3.39	2.32
Total Current Assets	9.19	8.45	4.88	4.39	4.91	6.62
Property, Plant & Equipment	0.74	0.99	1.15	0.37	0.72	0.51
Goodwill	-	2.28	0.72	-	-	-
Other Intangible Assets	2.92	0.93	0.47	1.32	1.46	-
Total Assets	12.84	12.64	7.22	6.08	7.09	7.13

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.58	0.58	0.7	0.32	0.69	0.19
Accrued Expenses	-	1.69	0.98	1.21	0.75	0.8
Short-Term Debt	-	-	-	-	-	1.18
Current Portion of Long-Term Debt	3.35	2.66	2.12	1.5	1.29	-
Current Portion of Leases	0.34	0.35	0.31	0.18	0.13	0.21
Current Income Taxes Payable	-	0.35	-	-	-	-
Other Current Liabilities	6.36	2.89	3.19	2.26	1.8	0.43
Total Current Liabilities	10.63	8.52	7.3	5.47	4.66	2.81
Long-Term Debt	1.95	0.5	0.37	0.96	0.21	-
Long-Term Leases	0.41	0.57	0.78	0.15	0.4	0.11
Other Long-Term Liabilities	0.95	0.89	0.9	0.98	1.32	0.33
Total Liabilities	14.23	10.47	9.35	7.56	6.59	3.25

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	11.5	9.7	3.89	2.72	1.04	0.66
Additional Paid-In Capital	41.52	40.25	35.9	31.67	29.2	24.83
Retained Earnings	-57.2	-51.69	-45.32	-39.88	-33.75	-25.27
Comprehensive Income & Other	2.79	3.9	3.41	4.02	4.01	3.66
Shareholders' Equity	-1.39	2.17	-2.13	-1.47	0.5	3.88
Total Liabilities & Equity	12.84	12.64	7.22	6.08	7.09	7.13

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	6.05	4.08	3.58	2.79	2.03	1.5
Net Cash (Debt)	-4.12	-3.31	-3.45	-2.07	-0.51	2.81
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.02	-0.02	-0.04	-0.04	-0.03	0.40
Filing Date Shares Outstanding	225.02	222.36	93.4	74.72	23.2	15.38
Total Common Shares Outstanding	225.02	221.81	93.27	65.19	23.2	15.38
Working Capital	-1.44	-0.07	-2.42	-1.08	0.25	3.82
Book Value Per Share	-0.01	0.01	-0.02	-0.02	0.02	0.25
Tangible Book Value	-4.3	-1.04	-3.32	-2.79	-0.96	3.88
Tangible Book Value Per Share	-0.02	-0.00	-0.04	-0.04	-0.04	0.25
Machinery	-	-	-	-	-	0.28
Leasehold Improvements	-	-	-	-	-	0.18

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 4, 2026

Data Sources Report a data error