Wide Open Agriculture Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.06
Dividend & YieldN/A$ (N/A)
Beta 2.23
Market capitalization 83.93M
Operating cash flow -8.44M
ESG Scores unknown

Company description

Wide Open Agriculture Limited operates as a regenerative food and agriculture company in Australia. It offers regenerative beef, lamb, and poultry products, as well as pantry staples under the Dirty Clean Food brand; and regenerative carbon-neutral oat milk under the OatUP brand name through retail and online stores. The company also focuses on the development of lupin and plant-based protein products. It serves restaurants and cafes. The company was incorporated in 2015 and is based in Williams, Australia.

Sector: Consumer Defensive - Industry: Farm Products

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities 259.9k 50.84k 122.87k 858.86k
Total Cashflows From Investing Activities -104.38k -191.09k -147.97k -244.22k
Net Borrowings 485.89k -100k -5.43k -83.64k
Total Cash From Financing Activities 5.39M -51.65k 3.29M 14.5M
Change To Operating Activities 19.86k 3.52k -13.37k -316.92k
Issuance Of Stock 4.82M 2.92M 2.92M 14.57M
Net Income -1.3M -2.08M -1.86M -7.53M
Change In Cash 4.79M -1.85M 1.15M 8.54M
Effect Of Exchange Rate
Total Cash From Operating Activities -499.43k -1.6M -1.99M -5.71M
Depreciation 173.71k 147.63k 36.01k 155.14k
Change To Account Receivables 139.44k -55.82k -123.74k -506.41k
Other Cashflows From Financing Activities 84.07k 48.35k 375.74k 11.46k
Change To Netincome 203.98k 351.91k -3.74k 2.67M
Capital Expenditures -104.38k -43.69k -54.33k -341.94k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -1.3M -2.08M -1.86M -7.53M
Net Income -1.3M -2.08M -1.86M -7.53M
Selling General Administrative 1.35M 1.71M 2.25M 5.69M
Gross Profit 472.36k 11.56k 271.11k 605.25k
Ebit -1.27M -1.88M -2.63M -7.89M
Operating Income -1.27M -1.88M -2.63M -7.89M
Interest Expense
Income Tax Expense
Total Revenue 552.58k 50.66k 1.45M 4.32M
Cost Of Revenue 80.22k 39.11k 1.18M 3.71M
Total Other Income ExpenseNet -25k -201.18k 771.6k 359.59k
Net Income From Continuing Ops -1.3M -2.08M -1.86M -7.53M
Net Income Applicable To Common Shares -1.3M -2.08M -1.86M -7.53M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 1.34M 1.03M 873.04k 3.37M
Total Stockholder Equity 4.66M 2.66M 4.38M 14.11M
Other Current Liabilities 43.96k 28.15k 300 32.27k
Total Assets 6M 3.7M 5.25M 17.49M
Common Stock 7.17M 7.17M 10.3M 26.22M
Other Current Assets 4.39k 2.5k 37.12k 406.74k
Retained Earnings -2.61M -4.69M -6.55M -14.07M
Treasury Stock 96.53k 180.6k 630.55k 1.97M
Cash 5.13M 3.28M 4.43M 12.98M
Total Current Liabilities 1.34M 215.7k 341.91k 1.54M
Other Stockholder Equity 96.53k 180.6k 630.55k 1.97M
Property, Plant, and Equipment 680.8k 117.37k 129.94k 2M
Total Current Assets 5.15M 3.38M 4.84M 15.27M
Net Tangible Assets 4.66M 2.66M 4.38M 14.11M
Net Receivables 11.54k 44.57k 183.22k 541.09k
Accounts Payable 138.77k 37.33k 136.79k 635.57k


Insider Transactions

Here are the insider transactions of stock shares related to Wide Open Agriculture Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Maslin (Anthony Robert Frederick)Other at price 0.54 per share.D2021-12-24Non Executive Chairman40k
McAlpine (Stuart)Other at price 0.66 per share.D2020-11-11Director (Non-Executive)30k
Maslin (Anthony Robert Frederick)Other at price 0.66 per share.D2020-11-11Non Executive Chairman10k
Maslin (Anthony Robert Frederick)D2020-10-08Non Executive Chairman52.71k
Duncan (Ronald Ian Stuart)D2020-10-08Director (Non-Executive)31.63k
Brennan (Elizabeth)D2020-10-08Director (Non-Executive)31.63k
Cole (Ben)D2020-10-08Managing Director55.12k
McAlpine (Stuart)D2020-10-08Director (Non-Executive)31.63k
McAlpine (Stuart)Purchase at price 0.20 per share.D2020-08-21Director (Non-Executive)1.5M
McAlpine (Stuart)Exercise at price 1.16 per share.D2020-08-21Director (Non-Executive)265k
Schut (Johannes)D2019-11-11Retired515k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Wide Open Agriculture Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Wide Open Agriculture Limited

Here is the result of two systematic investment strategies applied to Wide Open Agriculture Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Wide Open Agriculture Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Wide Open Agriculture Limited:

Wide Open Agriculture Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 358.36% on the backtest period.

Performance at glance

Performance

358.36 %

Latent gain

8061.7 $

Invested capital

2249.61 $

Annualized return

155.81 %
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Momentum strategy results on Wide Open Agriculture Limited

This is the result of two momentum investment strategies applied to Wide Open Agriculture Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Wide Open Agriculture Limited

The following chart shows all the entries opened by the momentum investment system on Wide Open Agriculture Limited:

Wide Open Agriculture Limited momentum entries
  • The first momentum investment strategy would give 415.16% of return on Wide Open Agriculture Limited. That represents 10377.68$ of latent gain with 2499.7$ of employed capital.
  • The second momentum investment strategy would give 415.2% of return on Wide Open Agriculture Limited. That represents 8302.05$ of latent gain with 1999.53$ of employed capital.
Performance at glance (1Q Momentum)

Performance

415.16 %

Latent gain

10377.68 $

Invested capital

2499.7 $

Annualized return

-10.17 %
Performance at glance (2Q Momentum)

Performance

415.2 %

Latent gain

8302.05 $

Invested capital

1999.53 $

Annualized return

228.13 %

Momentum equity curve on Wide Open Agriculture Limited

The following chart shows the equity curve of the two momentum strategies applied to Wide Open Agriculture Limited:

Wide Open Agriculture Limited momentum equity

Note: the dividends potentially given by Wide Open Agriculture Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Wide Open Agriculture Limited

The following chart shows the employed capital evolution of the two momentum strategies on Wide Open Agriculture Limited since the beginning:

Wide Open Agriculture Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Wide Open Agriculture Limited

Buy the dip entry openings on Wide Open Agriculture Limited

Wide Open Agriculture Limited

The performance achieved by the robo-advisor on Wide Open Agriculture Limited is -3.05%. That represents -22.91$ of latent gain with 750.29$ of employed capital. The following chart shows Wide Open Agriculture Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Wide Open Agriculture Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-3.05 %

Latent gain

-22.91 $

Invested capital

750.29 $

Annualized return

-10.17 %

Equity curve of the strategy applied to Wide Open Agriculture Limited

The following chart shows the result of the investment strategy applied to Wide Open Agriculture Limited:

Wide Open Agriculture Limited

Note: the dividends potentially given by Wide Open Agriculture Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Wide Open Agriculture Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Wide Open Agriculture Limited:

Wide Open Agriculture Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Wide Open Agriculture Limited

In this section, I will compare the three previous investment strategies applied to Wide Open Agriculture Limited.

Equity curve comparison on Wide Open Agriculture Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Wide Open Agriculture Limited investment strategy comparison

Employed capital comparison on Wide Open Agriculture Limited

Wide Open Agriculture Limited investment comparison

Performance comparison on Wide Open Agriculture Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 358.36% 8061.7$ 2249.61$ 155.81%
Momentum 1 quarter 415.16% 10377.68$ 2499.7$ 201.53%
Momentum 2 quarters 415.2% 8302.05$ 1999.53$ 228.13%
Non-directional -3.05% -22.91$ 750.29$ -10.17%
Annualized return comparison

Automatic investment

155.81 %

Momentum 1Q

228.13 %

Momentum 2Q

228.13 %

Non-directional

-10.17 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Wide Open Agriculture Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Wide Open Agriculture Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Wide Open Agriculture Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Wide Open Agriculture Limited
Country Australia
City Williams
Address 5 Brooking Street
Phone
Website www.wideopenagriculture.com.au
FullTime employees
Industry Farm Products
Sector Consumer Defensive
Exchange XASX
Ticker WOA.XASX
Market www2.asx.com.au

Wide Open Agriculture Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown