Do not conform to the pattern of this world but be transformed by the renewing of your mind. Then you will be able to test and approve what God’s will is—his good, pleasing, and perfect will.
Romans 12:2-4 NIV
iWOW Technology
iWOW stands for inspiring the World of Wireless and is a technology provider specialising in integrated wireless IoT solutions as a service. Its vision is for a smarter, greener and safer world through its innovations in wireless technology solutions. The Company aims to provide innovative IoT solutions for an increasingly urbanised, aging and resource constrained world.
For more information, please visit https://www.iwow.com.sg/
SGX Announcements
- 10 Sep 2026 General Announcement::Update on the Use of Proceeds from the Initial Public Offering & The 2025 S$3.0 Million Subscription
- 02 Sep 2026 Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)::Disclosure of interest / Changes in interest of substantial shareholder - Kau Wee Lee
- 02 Sep 2026 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Disclosure of interest / Changes in interest of Director - Soo Kee Wee
- 02 Sep 2026 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Disclosure of interest / Changes in interest of Director - Bo Jiang Chek Raymond
- 02 Sep 2026 REPL::Asset Acquisitions and Disposals::Proposed Acquisition of Roots Communications - Completion of post-completion tranche payment
Investment Merits
- Strong Track Record In Smart City & Wireless Infrastructure Projects
- Well-positioned to Capture Robust Tailwinds and Megatrends
- Earnings Visibility from Higher-margin, Recurring Subscription Business
- Integrated IoT Solutions and R&D Capabilities Are Key Strengths
- Scalable Asset Light Business Model
In The News
- Business Times: iWOW Technology’s IPO is 3 times subscribed; trading to start on Apr 14
- Business Times: TraceTogether token maker iWOW Technology to raise S$6.5m in Catalist listing
Research
| Brokerages | Report | Analysts | Recommendation | TP |
|---|---|---|---|---|
| SAC Capital | Download File | Matthias Chan | NON-RATED | – |
| UOB Kay Hian | Download File | Singapore Research Team | NON-RATED | – |
| KGI Securities | Download File | Megan Choo | NON-RATED | – |
Stock Information
(as of 02 September 2024)
| Price | Market Cap (SGDm) | Enterprise Value (SGDm) |
|---|---|---|
| SGD 0.2000 | 52.64 | 47.04 |
Key Financial Highlights
| Key Highlights | TTM (SGD) |
|---|---|
| Revenue | 46.41M |
| Net Income Available to Common | 2.78M |
| Profit Margin | 5.99% |
| Return on Assets | 5.31% |
| Return on Equity | 13.65% |
| Price/Sales (ttm) | 1.14 |
| Price/Book (mrq) | 2.47 |
| Enterprise Value/Revenue | 1.01 |
| Enterprise Value/EBITDA | 9.26 |
| Total Cash (mrq) | 6.59M |
| Total Debt/Equity (mrq) | 3.64% |
| Levered Free Cash Flow (ttm) | -2.82M |
