Added to YB: 2024-10-17
Pitch date: 2024-10-16
WCT [bearish]
Wellchange Holdings Company Limited
+96.32%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Wellchange Holdings Company Limited, through its subsidiaries, operates as an enterprise software solution services provider in Hong Kong.
Market Cap
$152.6M
Pitch Price
$6.65
Price Target
N/A
Dividend
N/A
Sector
Software
Category
N/A
Show full summary:
Wellchange Holdings Company Limited - $WCT
WCT short: HK software co, 75% post-IPO surge to $150M cap (6200% above Aug '23 private round). 50x '23 rev, 120x op income. Concerns: going concern, questionable underwriters, capitalized expenses, AR growth outpacing revenue. Only 7 employees, Cayman holding co. Insider selling, expect dilution.