Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
2428.T
STRONG BUYREMOVEGet insider-trade alertsWellnet Corporation · Technology · Japan · $72M · Avg Vol: $290K/d
Wellnet is a small-cap Japanese payment service provider that lacks global scale, operating in a highly competitive domestic market with limited structural tailwinds.
COMPANY DESCRIPTION
Wellnet Corporation provides electronic payment settlement services, specializing in convenience store payments and ticketing solutions for transport operators. The company's deep integration with major Japanese bus, rail, and convenience store networks creates high barriers to entry. It is a niche fintech infrastructure provider with stable, transaction-based recurring revenue.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | 54.7M | 55.4M | 58.3M | 62.7M | — | 4.6% |
| EPS | 0.13 | 0.17 | 0.21 | — | 0.36 | 28.8% |
| Shares | — | 19.4M | 19.4M | 19.4M | 19.4M | 0.0% |
| Debt | — | 12.4M | 11.8M | 11.1M | 116.0M | 110.9% |
| Equity | — | 44.4M | 45.8M | 48.4M | 51.8M | 5.3% |
| Op CF | — | — | 16.1M | 20.3M | 6.9M | -34.5% |
| Inv CF | — | — | -11.1M | -1.7M | 1.7M | — |
| Fin CF | — | — | 6.3M | -2.4M | -2.2M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 2428.T are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 2428.T | Wellnet Corporation(you) | $72M | 81 | STRONG BUY |
| 4667.T | Aisan Technology Co.,Ltd. | $65M | 78 | BUY |
| 5621.T | HUMAN TECHNOLOGIES INC | $79M | 76 | BUY |
| 4434.T | Serverworks Co.,Ltd. | $87M | 75 | BUY |
| 3992.T | Needs Well Inc. | $98M | 77 | BUY |
| 3633.T | GMO Pepabo, Inc. | $53M | 74 | BUY |
| 3850.T | NTT Data Intramart Corporation | $87M | 69 | BUY |
| 4847.T | Intelligent Wave Inc. | $152M | 78 | BUY |
| 5137.T | SmartDrive inc. | $51M | 69 | BUY |
| 4811.T | DREAMARTS CORPORATION | $55M | 63 | HOLD |
Peer medians: ROE 12.4% · P/E 16.5x · Gross margin 33.2%