Firstwave Cloud Technology Ltd

  • IPO date:
  • Sector: Technology
  • GIC Group: Software & Services
  • Industry: Software-Infrastructure
  • Company website

Company description

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.

Financial highlights

Market Capitalization$93.688 million
P/E Ratio0
P/E Growth Ratio
Book Value0.032
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-8,267.307
Profit Margin-1.0765
Operating Margin TTM-0.6711
Return on Assets TTM-0.0748
Return on Equity TTM-0.2287
Revenue TTM12,492.797

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2011-06-30 26 143 513.147
2012-06-30 18.38 18.38 1,107.027
2013-06-30 0.8 6 0.8 1,453.046
2014-06-30 22 349 2,770.423 8,287.13
2015-06-30 9.66 1,400.634 3,260.194 17,916.147
2016-06-30 6,401.718 1,702.334 4,699.384 10,662.677
2017-06-30 6,435.66 2,331.429 4,104.231 11,129.218
2018-06-30 7,817.128 3,486.04 4,331.088 13,800.533
2019-06-30 8,831.731 3,847.376 4,984.355 18,096.746
2020-06-30 8,252.88 3,770.999 4,481.881 21,601.411
2021-06-30 7,975.182 3,672.032 4,303.15 20,297.66
2022-06-30 9,351.497 3,164.155 6,187.342 22,422.069
2023-06-30 12,492.797 2,857.863 9,634.934 22,153.839

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2011-06-30 3,704.471 3,892.894 46.81 4,141.076
2012-06-30 3,628.524 6,278.395 320.61 7,470.031
2013-06-30 1,134.661 4,740.525 124.344 7,374.031
2014-06-30 409.33 10,752.025 1,470.292 1,286.158 795.832 17,485.869
2015-06-30 190.602 297.015 4,576.839 472.827 647.126 21,862.14
2016-06-30 5,772.415 13,031.315 4,302.101 293.398 286.701 15,773.846
2017-06-30 1,761.889 11,909.664 7,023.091 200.237 87.139 15,773.846
2018-06-30 5,782.873 13,674.211 7,937.958 87.139 25,231.669
2019-06-30 8,061.168 15,944.802 8,935.442 4.478 36,506.677
2020-06-30 15,281.338 25,246.555 9,891.603 464.271 54,667.525
2021-06-30 9,961.866 24,883.653 10,013.309 632.988 63,760.506
2022-06-30 10,408.589 76,739.222 11,581.749 107.145 128,426.284
2023-06-30 5,607.419 63,329.662 10,899.556 118.569 128,474.75

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2011-06-30 -486.992 3,704.471
2012-06-30 -1,265.767 -75.947 3,704.471 3,628.524
2013-06-30 -1,376.816 -2,493.863 3,628.524 1,134.661
2014-06-30 -6,707.296 159.25 -725.331 1,134.661 409.33
2015-06-30 -17,947.314 159.25 -218.728 409.33 190.602
2016-06-30 -4,654.811 -3,765.62 5,383.16 389.255 5,772.415
2017-06-30 -5,066.543 -2,309.182 -4,010.526 5,772.415 1,761.889
2018-06-30 -8,717.386 -3,531.173 4,020.984 1,761.889 5,782.873
2019-06-30 -11,007.337 -6,345.82 2,278.295 5,782.873 8,061.168
2020-06-30 -13,777.481 -8,700.779 7,220.17 8,061.168 15,281.338
2021-06-30 -10,642.108 -8,046.673 -5,319.472 15,281.338 9,961.866 -443
2022-06-30 -13,408.217 -9,799.315 446.723 9,961.866 10,408.589
2023-06-30 -13,448.285 -1,755.48 -4,801.17 10,408.589 5,607.419