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Pros and Cons of Firstwave Cloud Technology Ltd in the next few years
Pros
Cons
Performance of Firstwave Cloud Technology Ltd vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Firstwave Cloud Technology Ltd | - | - | - | - | - | - | - |
| Chalice Gold Mines Ltd | -0.340% | 29.434% | 15.064% | -81.253% | -15.096% | -82.233% | 870.330% |
| INOVIQ Ltd. | 4.380% | -0.725% | -15.432% | -9.272% | -30.102% | -81.611% | 2944.444% |
| Arafura Resources Ltd. | 1.810% | -0.686% | -1.026% | -55.547% | 6.630% | 0.871% | 261.875% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.In general, the financials of Firstwave Cloud Technology Ltd, a company in the Metals & Mining industry, seem to exhibit a mixed performance over the recent years. While there have been increases in certain areas like total assets and total revenue, other areas like net income and cash flow have shown considerable fluctuations. In light of this, a detailed analysis of the company's financials will help provide valuable insights into Firstwave Cloud Technology's financial health and future prospects.
Growth in Total Assets: Over the years, Firstwave Cloud Technology has seen a consistent increase in its total assets. Comparing the balance sheets from 2020 to 2022, the total assets grew from AUD 25,246,555 to AUD 76,739,222. This growth demonstrates the company's ability to expand its business operations and increase its market presence in the Metals & Mining industry.
Increase in Total Revenue: The income statement shows an upward trend in the total revenue, from AUD 8,252,880 in 2020 to AUD 9,351,497 in 2022. This increased revenue reflects the company's capacity to generate higher sales amidst industry competition and changing market conditions.