Way 2 Vat Ltd (ASX:W2V)

Way 2 Vat Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.77	0.13	0.72	1.52	4.31
Cash & Short-Term Investments	0.77	0.13	0.72	1.52	4.31
Cash Growth	486.26%	-81.89%	-52.28%	-64.82%	73.80%
Accounts Receivable	7.36	4.5	3.48	3.08	2.02
Other Receivables	0.32	0.25	0.19	0.31	0.3
Receivables	7.68	4.75	3.67	3.39	2.32
Total Current Assets	8.45	4.88	4.39	4.91	6.62
Property, Plant & Equipment	0.99	1.15	0.37	0.72	0.51
Goodwill	2.28	0.72	-	-	-
Other Intangible Assets	0.93	0.47	1.32	1.46	-
Total Assets	12.64	7.22	6.08	7.09	7.13
Accounts Payable	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	2.66	2.12	1.5	1.29	-
Current Portion of Leases	0.35	0.31	0.18	0.13	0.21
Current Income Taxes Payable	0.35	-	-	-	-
Other Current Liabilities	2.89	3.19	2.26	1.8	0.43
Total Current Liabilities	8.52	7.3	5.47	4.66	2.81
Long-Term Debt	0.5	0.37	0.96	0.21	-
Long-Term Leases	0.57	0.78	0.15	0.4	0.11
Other Long-Term Liabilities	0.89	0.9	0.98	1.32	0.33
Total Liabilities	10.47	9.35	7.56	6.59	3.25
Common Stock	9.7	3.89	2.72	1.04	0.66
Additional Paid-In Capital	40.25	35.9	31.67	29.2	24.83
Retained Earnings	-51.69	-45.32	-39.88	-33.75	-25.27
Comprehensive Income & Other	3.9	3.41	4.02	4.01	3.66
Shareholders' Equity	2.17	-2.13	-1.47	0.5	3.88
Total Liabilities & Equity	12.64	7.22	6.08	7.09	7.13
Total Debt	4.08	3.58	2.79	2.03	1.5
Net Cash (Debt)	-3.31	-3.45	-2.07	-0.51	2.81
Net Cash Per Share	-0.02	-0.04	-0.04	-0.03	0.40
Filing Date Shares Outstanding	222.36	93.4	74.72	23.2	15.38
Total Common Shares Outstanding	221.81	93.27	65.19	23.2	15.38
Working Capital	-0.07	-2.42	-1.08	0.25	3.82
Book Value Per Share	0.01	-0.02	-0.02	0.02	0.25
Tangible Book Value	-1.04	-3.32	-2.79	-0.96	3.88
Tangible Book Value Per Share	-0.00	-0.04	-0.04	-0.04	0.25
Machinery	-	-	-	-	0.28
Leasehold Improvements	-	-	-	-	0.18

Source: S&P Global Market Intelligence. Standard template. Financial Sources.