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WAVS Financial Statements and Analysis

NASDAQ : WAVS

Western Acquisition Ventures Corp.

$12.00
2+20.00%
At Close 4:00 PM
$9.75
-2.25-18.75%
After-Market 03:59 PM
70.72
B+ESG ScoreESG Rating

WAVS FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

WAVS Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue00000
cost of revenue00000
gross profit00000
gross profit ratio00000
research and development expenses00000
general and administrative expenses375.004K584.224K252.236K0247.757K
selling and marketing expenses00000
selling general and administrative expenses375.004K584.224K252.236K286.545K247.757K
other expenses0-7.747K-4.50K-50.00800.00
operating expenses375.004K576.474K252.236K286.595K246.957K
cost and expenses375.004K576.477K252.236K286.592K246.957K
interest income00040.36K48.576K
interest expense00000
depreciation and amortization750.008K665.116K0045.239K
ebitda375.004K88.639K-256.736K-286.60K-201.718K
ebitda ratio00000
operating income-375.004K-576.477K-256.736K-286.60K-246.957K
operating income ratio00000
total other income expenses net0-127.224K665.116K17.776K-45.239K
income before tax-375.004K-703.701K408.38K-268.824K-243.62K
income before tax ratio00000
income tax expense-670.325K007.988K10.013K
net income-375.004K-703.701K408.38K-276.812K-253.633K
net income ratio00000
eps1.12-0.220.12-0.078-0.07
eps diluted1.12-0.200.12-0.078-0.07
weighted average shs out263.211K3.251M3.403M3.556M3.607M
weighted average shs out dil263.211K3.512M3.403M3.556M3.607M
Graph

WAVS Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-09-302023-06-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q3Q2
cash and cash equivalents001.008K302.582K258.551K
short term investments00000
cash and short term investments001.008K302.582K258.551K
net receivables00000
inventory00000
other current assets313.719K148.969K108.469K103.706K188.075K
total current assets313.719K148.969K108.469K406.288K446.626K
property plant equipment net00000
goodwill00000
intangible assets00000
goodwill and intangible assets00000
long term investments2.60M2.601M2.967M3.254M8.098M
tax assets00000
other non current assets00000
total non current assets2.60M2.601M2.967M3.254M8.098M
other assets00000
total assets2.914M2.749M3.075M3.66M8.545M
account payables1.853M00952.708K946.883K
short term debt806.175K569.169K307.972K201.694K0
tax payables1.15M1.18M1.258M1.48M1.422M
deferred revenue76.00K01.258M1.48M0
other current liabilities93.819K1.689M1.326M642.524K2.019M
total current liabilities3.978M3.438M2.891M3.277M2.966M
long term debt00000
deferred revenue non current00000
deferred tax liabilities non current00000
other non current liabilities2.829M0001.872M
total non current liabilities2.829M01.745M01.872M
other liabilities-2.829M0-1.745M0-1.872M
capital lease obligations00000
total liabilities3.978M3.438M2.891M3.277M2.966M
preferred stock00000
common stock5.593M2.679M2.964M3.276M8.13M
retained earnings-3.862M-3.487M-2.78M-2.893M-2.551M
accumulated other comprehensive income loss00000
other total stockholders equity-2.794M119.479K000
total stockholders equity-1.064M-688.857K183.815K382.896K5.578M
total equity-1.064M-688.857K183.815K382.896K5.578M
total liabilities and stockholders equity2.914M2.749M3.075M3.66M8.545M
minority interest00000
total investments2.60M2.601M2.967M3.254M8.098M
total debt806.175K569.169K307.972K201.694K0
net debt806.175K569.169K306.964K-100.888K-258.551K
Graph

WAVS Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-06-302024-03-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202320232023
periodQ2Q1Q3Q2Q1
deferred income tax00000
stock based compensation00000
change in working capital263.252K149.093K101.101K118.371K10.697K
accounts receivables00000
inventory00000
accounts payables377.395K119.005K15.838K23.003K149.264K
other working capital-114.143K149.093K85.263K95.368K-149.264K
other non cash items127.224K-665.116K-3.337K116.411K-232.261K
net cash provided by operating activities-313.225K-107.643K-155.869K-97.755K-393.175K
investments in property plant and equipment-5.000000
acquisitions net00000
purchases of investments00-100.00-30.00K-30.00K
sales maturities of investments293.261K327.375K4.893M0109.437M
other investing activites366.085K327.375K000
net cash used for investing activites366.085K327.375K4.893M-30.00K109.407M
debt repayment-254.269K-100.00K-200.00K00
common stock issued00000
common stock repurchased-293.261K-327.375K-4.893M0-109.437M
dividends paid00000
other financing activites-266.367K-227.375K400.00K00
net cash used provided by financing activities-38.992K-227.375K-4.693M0-109.437M
effect of forex changes on cash00000
net change in cash13.868K-7.643K44.031K-127.755K-423.175K
cash at end of period14.876K1.008K302.582K258.551K386.306K
cash at beginning of period1.008K8.651K258.551K386.306K809.481K
operating cashflow-313.225K-107.643K-155.869K-97.755K-393.175K
capital expenditure-5.000000
free cash flow-313.23K-107.643K-155.869K-97.755K-393.175K
Graph

Frequently Asked Questions

How did Western Acquisition Ventures Corp. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, WAVS generated $0.00 in revenue last quarter, while its costs came in at $0.00.

Last quarter, how much Gross Profit did Western Acquisition Ventures Corp. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Western Acquisition Ventures Corp. reported a $0.00 Gross Profit for the quarter ended Jun 30, 2024.

Have WAVS's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. WAVS incurred $375.00K worth of Operating Expenses, while it generated -$375.00K worth of Operating Income.

How much Net Income has WAVS posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Western Acquisition Ventures Corp., the company generated -$375.00K in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Western Acquisition Ventures Corp. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Western Acquisition Ventures Corp. as of the end of the last quarter was $0.00.

What are WAVS's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, WAVS had Total Net Receivables of $0.00.

In terms of Total Assets and Current Assets, where did Western Acquisition Ventures Corp. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of WAVS were $313.72K, while the Total Assets stand at $2.91M.

As of the last quarter, how much Total Debt did Western Acquisition Ventures Corp. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of WAVS's debt was $806.18K at the end of the last quarter.

What were WAVS's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, WAVS reported total liabilities of $3.98M.

How much did WAVS's Working Capital change over the last quarter?

Working Capital Change for WAVS was $263.25K over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

WAVS generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. WAVS generated -$313.23K of Cash from Operating Activities during its recently reported quarter.

What was WAVS's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. WAVS reported a $13.87K Net Change in Cash in the most recent quarter.

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