Prestige Wealth Inc. - Understand $pwm stock

$PWM Market Cap: $4.576 Million

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Financial Snapshot

Revenue

$4.229M

TTM

Gross Margin

100.0%

TTM

Net Earnings

$1.624M

TTM

Current Assets

$6.654M

Q3 2023

Current Liabilities

$520.1K

Q3 2023

Current Ratio

1279.46%

Q3 2023

Total Assets

$6.864M

Q3 2023

Total Liabilities

$681.1K

Q3 2023

Book Value

$6.183M

Q3 2023

Cash

$431.3K

Q3 2023

P/E

2.817

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$348.5K	$2.090M	$2.790M	$2.560M	$2.310M	$3.770M
YoY Change	-83.32%	-25.09%	8.98%	10.82%	-38.73%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$348.5K	$2.090M	$2.790M	$2.560M	$2.310M	$3.770M
Cost Of Revenue	$0.00	$0.00	$40.00K	$0.00	$0.00
Gross Profit	$348.5K	$2.090M	$2.750M	$2.560M	$2.310M
Gross Profit Margin	100.0%	100.0%	98.57%	100.0%	100.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$1.461M	$690.0K	$1.100M	$690.0K	$2.020M	$250.0K
YoY Change	111.67%	-37.27%	59.42%	-65.84%	708.0%
% of Gross Profit	419.05%	33.01%	40.0%	26.95%	87.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$63.93K
YoY Change
% of Gross Profit	18.34%
Operating Expenses	$1.461M	$690.0K	$1.100M	$690.0K	$2.020M	$250.0K
YoY Change	111.67%	-37.27%	59.42%	-65.84%	708.0%
Operating Profit	-$1.112M	$1.400M	$1.650M	$1.870M	$290.0K
YoY Change	-179.43%	-15.15%	-11.76%	544.83%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$3.800M
YoY Change
% of Operating Profit
Other Income/Expense, Net	$68.76K	$190.0K	$250.0K	$170.0K	$0.00	$0.00
YoY Change	-63.81%	-24.0%	47.06%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	-$1.043M	$1.580M	$1.910M	$2.050M	$290.0K	$3.520M
YoY Change	-166.03%	-17.28%	-6.83%	606.9%	-91.76%
Income Tax	-$7.476K	$230.0K	$0.00	$310.0K	$170.0K	$570.0K
% Of Pretax Income		14.56%	0.0%	15.12%	58.62%	16.19%
Net Earnings	-$1.036M	$1.350M	$1.910M	$1.730M	$110.0K	$2.950M
YoY Change	-176.72%	-29.32%	10.4%	1472.73%	-96.27%
Net Earnings / Revenue	-297.18%	64.59%	68.46%	67.58%	4.76%	78.25%
Basic Earnings Per Share	-$0.13	$0.17	$0.24
Diluted Earnings Per Share	-$0.13	$0.15	$0.21	$0.19	$0.01	$0.33

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$431.3K	$70.00K	$750.0K	$210.0K	$240.0K	$440.0K
YoY Change	516.16%	-90.67%	257.14%	-12.5%	-45.45%
Cash & Equivalents	$431.3K	$70.00K	$750.0K	$210.0K	$240.0K	$440.0K
Short-Term Investments
Other Short-Term Assets	$480.3K	$410.0K	$360.0K	$270.0K	$800.0K	$390.0K
YoY Change	17.14%	13.89%	33.33%	-66.25%	105.13%
Inventory
Prepaid Expenses
Receivables	$364.8K	$280.0K	$50.00K	$460.0K	$1.280M	$410.0K
Other Receivables	$5.378M	$3.110M	$1.550M	$4.230M	$1.040M	$3.040M
Total Short-Term Assets	$6.654M	$3.870M	$2.710M	$5.170M	$3.360M	$4.280M
YoY Change	71.94%	42.8%	-47.58%	53.87%	-21.5%
Property, Plant & Equipment	$140.9K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$68.62K	$1.980M	$1.460M	$1.060M	$840.0K	$10.00K
YoY Change	-96.53%	35.62%	37.74%	26.19%	8300.0%
Total Long-Term Assets	$209.5K	$2.130M	$1.750M	$1.600M	$850.0K	$0.00
YoY Change	-90.16%	21.71%	9.38%	88.24%
Total Assets	$6.864M	$6.000M	$4.460M	$6.770M	$4.210M	$4.280M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$265.1K	$20.00K	$30.00K	$150.0K	$60.00K	$10.00K
YoY Change	1225.55%	-33.33%	-80.0%	150.0%	500.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$520.1K	$590.0K	$410.0K	$1.280M	$890.0K	$1.070M
YoY Change	-11.85%	43.9%	-67.97%	43.82%	-16.82%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$161.0K	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Total Long-Term Liabilities	$161.0K	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Total Liabilities	$681.1K	$620.0K	$450.0K	$1.370M	$890.0K	$1.070M
YoY Change	9.85%	37.78%	-67.15%	53.93%	-16.82%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	8.255M shares	8.000M shares	8.000M shares
Diluted Shares Outstanding	8.255M shares	8.000M shares	8.000M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.5762 Million

About Prestige Wealth Inc.

Prestige Wealth, Inc. engages in providing wealth management and asset management services. The company employs 4 full-time employees The company went IPO on 2023-06-30. The Company, along with its subsidiaries, is engaged in the wealth management and asset management services. The firm is engaged in customizing wealth management investment portfolios including personal assistant services for clients. The firm is also engaged in asset management related advisory, fund management services.

Industry: Finance Services Peers: Greenpro Capital Corp.