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Wide Open Agriculture Ltd.
(Sydney:WOA)
Wide Open Agriculture Ltd. (WOA) vs. iShares MSCI Australia ETF (EWA)
Wide Open Agriculture Ltd. Business Overview & Revenue Model
Wide Open Agriculture Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 468.87K | 468.87K | 73.13K | 210.00 | 9.26M | 4.32M |
| Gross Profit | -338.00K | -338.00K | -1.79M | -7.87M | -5.94M | -2.22M |
| EBITDA | -5.16M | -5.16M | -8.53M | -13.86M | -10.06M | -7.73M |
| Net Income | -7.09M | -7.09M | -13.25M | -14.66M | -10.79M | -7.53M |
Balance Sheet | ||||||
| Total Assets | 8.38M | 8.38M | 10.78M | 15.40M | 29.58M | 17.49M |
| Cash, Cash Equivalents and Short-Term Investments | 3.39M | 3.39M | 2.45M | 5.87M | 19.47M | 12.98M |
| Total Debt | 846.98K | 846.98K | 1.86M | 2.71M | 3.16M | 2.14M |
| Total Liabilities | 2.31M | 2.31M | 3.53M | 5.29M | 5.60M | 3.37M |
| Stockholders Equity | 6.07M | 6.07M | 7.25M | 10.11M | 23.98M | 14.11M |
Cash Flow | ||||||
| Free Cash Flow | -3.50M | -3.50M | -9.18M | -13.31M | -12.48M | -6.05M |
| Operating Cash Flow | -3.49M | -3.49M | -8.55M | -11.87M | -10.17M | -5.71M |
| Investing Cash Flow | 84.10K | 84.10K | -4.99M | -1.43M | -2.42M | -244.22K |
| Financing Cash Flow | 4.34M | 4.34M | 10.15M | -319.08K | 19.08M | 14.50M |
Wide Open Agriculture Ltd. Technical Analysis
Wide Open Agriculture Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | AU$17.69M | 9.06 | 14.00% | ― | 18.35% | 55.88% | |
| ― | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
| ― | AU$71.55M | 10.26 | 29.12% | ― | 2.63% | ― | |
| ― | AU$124.50M | 12.42 | 8.91% | ― | 4.34% | ― | |
| ― | AU$90.69M | ― | -11.46% | 27.30% | -16.73% | -343.82% | |
| ― | €13.09M | ― | -122.46% | ― | -94.79% | 82.57% | |
| ― | AU$1.23M | ― | -130.24% | ― | 17.85% | 52.81% |
Wide Open Agriculture Ltd. Corporate Events
Wide Open Agriculture Ltd has announced its upcoming Annual General Meeting scheduled for November 25, 2025, in Leederville, Western Australia. Shareholders are encouraged to participate via proxy voting due to potential restrictions on physical attendance. The company has made meeting materials available online and will provide updates through its website and the ASX platform, ensuring stakeholders are informed of any changes.
Wide Open Agriculture Ltd. has announced a breakthrough in plant-based milk alternatives with its new lupin protein milk formulation, for which a patent application has been lodged. This development positions WOA at the forefront of the global milk analogue category by overcoming technological barriers associated with lupin-based milk. The company plans to commercialize the product through partnerships with global distributors, including Univar Solutions China, targeting the growing beverage market. The new formulation offers superior functionality, including a creamy texture and exceptional foaming capacity, making it ideal for barista-style drinks. This innovation aligns with WOA’s strategy to expand its IP portfolio and supports the transition to more sustainable food systems.
Wide Open Agriculture Ltd (WOA) and its distribution partner, Univar Solutions China, have finalized a go-to-market strategy to introduce WOA’s lupin protein isolate into China’s tea, coffee, and nutrition markets. This strategic move positions WOA to tap into the rapidly growing demand for high-quality plant proteins, with Univar ready to transition from planning to execution. The partnership highlights WOA’s potential to establish its lupin protein as a premium alternative in two of China’s fastest-growing consumer categories.
Wide Open Agriculture Ltd. released its consolidated financial report for the year ending June 30, 2025. The report includes comprehensive financial statements and disclosures, reflecting the company’s financial performance and position. This announcement provides stakeholders with detailed insights into the company’s financial health and operational outcomes, which are crucial for assessing its market positioning and future prospects.
Wide Open Agriculture Ltd has released its first Sustainability Study on lupin proteins in response to the Australian Government’s Net Zero Plan. The study highlights lupins as a low-carbon intensity crop that can significantly reduce greenhouse gas emissions in agriculture, particularly in wheat production. By commercializing Lupin Protein Isolate, WOA not only supports low-emission farming but also introduces a new source of nutritious protein for human diets. This initiative positions WOA as a leader in sustainable agriculture and offers global food manufacturers a lower-emission ingredient option.
Wide Open Agriculture Ltd has announced its first order of lupin protein from Univar China, marking a significant step in its expansion into the Chinese market. The 5-tonne order, part of a larger 50-tonne commitment, will support product launch activities and R&D in the bubble tea sector, aligning with China’s growing demand for plant-based proteins and the government’s Healthy China 2030 initiative.
Wide Open Agriculture Ltd. reported a significant reduction in its net loss for the fiscal year ending June 2025, with a loss of $7.09 million compared to $13.25 million the previous year. The company has made notable progress in expanding its sales pipeline, particularly in South America, Europe, and Australia, marking a milestone with increased customer engagement and product launches, which are expected to provide ongoing revenue streams.
Wide Open Agriculture Ltd has announced the cessation of Brett Tucker as a director, effective August 20, 2025. This change involves the lapse of 2,000,000 unvested options and the retention of 434,783 fully paid ordinary shares, 217,392 listed options, and 2,000,000 vested unlisted options. The announcement reflects a shift in the company’s board composition, which may influence its strategic direction and stakeholder interests.
Wide Open Agriculture Ltd announced the issuance of unquoted equity securities, specifically unlisted options with varying exercise prices and expiration dates in August 2028. This move is part of an employee incentive scheme, potentially impacting the company’s operational strategies and stakeholder interests by aligning employee incentives with long-term company performance.
Wide Open Agriculture Ltd has announced the appointment of Mrs. Claudia Kwan as a Non-Executive Director, effective from August 20, 2025. As part of her appointment, Mrs. Kwan has been granted 10 million unlisted incentive options, which are exercisable at various prices and subject to vesting milestones, reflecting the company’s commitment to aligning director incentives with long-term growth and sustainability goals.
Wide Open Agriculture Ltd announced the cessation of 2,000,000 securities due to the lapse of conditional rights, as the conditions for these securities were not met. This cessation may impact the company’s financial strategy and market positioning, as it reflects on the company’s ability to meet certain financial or operational conditions, potentially affecting stakeholder confidence.
Wide Open Agriculture Ltd. has initiated a Pre-Feasibility Study for a large-scale lupin protein facility in Western Australia, marking a significant step towards global leadership in sustainable proteins. This facility aims to transform lupin protein production economics, potentially positioning Western Australia as a global hub, and enabling WOA to compete directly with dominant protein sources like pea and soy, thereby unlocking long-term growth opportunities.
Wide Open Agriculture Ltd. reported a significant increase in lupin protein sales, with a 226% rise quarter-on-quarter, supported by repeat orders from customers across various regions. The company is strategically expanding its German facility to double production capacity with minimal investment, and it has signed an exclusive distribution agreement with Univar Solutions to enter the Chinese market. A recent capital raise of $2.6 million will accelerate this market entry and boost sales. The company’s lupin protein isolate is gaining traction in the market, achieving premium pricing and being benchmarked against established proteins like whey.