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Added to YB: 2026-06-19

Pitch date: 2026-06-17

WCO.NZ [neutral]

WasteCo Group Limited

Author Info

No bio for this author

Company Info

WasteCo Group Limited, together with its subsidiaries, provides waste solutions and industrial services in New Zealand.

Market Cap

NZD 8.8M

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.35

P/E

-0.71

EV/Sales

0.94

Sector

Commercial Services and Supplies

Category

N/A

Show full summary:
WasteCo Dumpster Fire - WasteCo Group Limited

WCO.NZ (bearish): NZX reverse-listing disaster, shares 0.7c vs 8c IPO, ~$8m mkt cap. $70m rev, $12m loss; cash $1.2m, negative working capital $28.7m, $40.1m debt ($26.7m current). Breached Kiwibank covenants, got conditional waiver. Needs ~$104m rev (+48%) to break even. Boardroom feud (chair Gower vs co-founder Storm). Author views co as doomed.

Read full article (3 min)