Weave Communications Inc

Weave Communications Inc

WEAV · NYSE · Healthcare / Health Information Services

7.40USD+0.01 (+0.14%)

Price History

Full chart

Market Stats

Previous Close7.39
Open7.40
Day Range7.39 – 7.40
52-Week Range4.24 – 7.70
Volume1.24M
Market Cap592.12M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.27
Dividend Yield0.00%
Beta1.69
50-Day Avg6.84
200-Day Avg6.12

About

Weave Communications, Inc. operates an AI-powered patient communications, engagement, and payments platform for small and medium-sized healthcare businesses. It offers AI-receptionist; Unified Phone Number; Customized Phone System, a smarter phone system to identify whether incoming calls are from new or current patients, provide information at every call, and manage heavy call times; Softphones to make and receive calls from anywhere with an internet connection; Text Messaging and SMS response assistant; Missed Call Text that allows practices to respond when a call is missed; Missed Text Auto-Reply that replies to patient text messages by automatically responding to messages received outside of a practice's normal operating hours; Team Chat, a group messaging solution; and Weave Mobile App. It also provides Weave Reviews and Respond Assistant to request, collect, monitor, and respond to reviews; Weave Email Marketing and Email Assistant to create professional emails; Text Connect to interact with their patients online directly through their websites; and Weave Payments, a payment processing solution. The company provides Weave Digital Forms to collect patient information; Online Scheduling that allows patients to request appointments from the practice's website, send automatic scheduling reminders, and personalize each reminder for the patient; Insurance Eligibility, an insurance tool; Insurance Verification; Practice Analytics that provides real-time data on patient retention, appointment scheduling, treatment acceptance rates, and revenue generation; Call Intelligence; and Weave Enterprise for multi-location healthcare practices comprising dental service organizations, vision, veterinary, and medical groups. The company was formerly known as Recall Solutions, LLC and changed its name to Weave Communications, Inc. in October 2015. Weave Communications, Inc. was founded in 2008 and is headquartered in Lehi, Utah.

Company Details

  • SectorHealthcare
  • IndustryHealth Information Services
  • CEOMr. Brett T. White
  • Employees904
  • Headquarters1331 West Powell Way, Lehi, UT, United States, 84043, USA
  • Websitehttps://www.getweave.com

Leadership

  • Mr. Brett T. WhiteCEO & Director · b. 1963
  • Mr. Jason ChristiansenChief Financial Officer · b. 1987
  • Mr. Joseph David McNeilChief Revenue Officer · b. 1969
  • Mr. Marcus BertilsonChief Operating Officer · b. 1985
  • Mr. Abhi SharmaChief Technology Officer
  • Mr. Tyler WaltmanGeneral Counsel & Corporate Secretary · b. 1980

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue45.75M79.90M115.87M142.12M170.47M204.31M239.02M
Growth (%)-+74.65%+45.03%+22.65%+19.95%+19.85%+16.99%
Cost of Revenue18.52M34.45M49.37M53.28M54.38M58.43M66.72M
Gross Profit27.23M45.45M66.50M88.84M116.09M145.88M172.31M
Gross Margin59.52%56.88%57.39%62.51%68.10%71.40%72.09%
Operating Expense59.15M85.02M116.89M138.54M150.46M177.29M201.22M
Operating Income-31.92M-39.57M-50.39M-49.70M-34.37M-31.41M-28.91M
Operating Margin-69.78%-49.53%-43.49%-34.97%-20.16%-15.37%-12.10%
EBITDA-25.52M-29.90M-38.31M-31.55M-13.02M-11.17M-10.78M
EBITDA Margin-55.78%-37.42%-33.06%-22.20%-7.64%-5.47%-4.51%
Net Income-32.06M-40.42M-51.69M-49.74M-31.03M-28.35M-28.05M
Net Income Margin-70.08%-50.59%-44.61%-35.00%-18.20%-13.87%-11.74%
R&D14.41M19.97M27.01M30.71M34.04M40.23M44.46M
R&D as % of Total Revenue31.49%24.99%23.31%21.61%19.97%19.69%18.60%
Interest Expense811.00K1.10M1.18M1.44M1.92M1.52M1.70M
Interest Expense % of Total Revenue1.77%1.37%1.02%1.01%1.13%0.75%0.71%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets110.39M92.97M187.49M208.35M201.01M188.93M207.97M
Total Liabilities44.44M54.98M75.18M125.13M122.06M121.96M125.38M
Total Equity65.95M37.99M112.30M83.22M78.96M66.97M82.38M
Cash80.22M55.70M136.00M62.00M50.76M51.60M54.96M
Total Debt15.71M18.44M25.04M73.56M59.54M56.06M52.15M
Net Debt-64.51M-37.26M-110.95M11.57M8.79M4.46M-2.81M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-22.07M-15.52M-20.37M-12.77M10.22M14.15M17.54M
Investing Cash Flow-2.47M-3.86M-9.81M-54.03M-7.74M8.88M-6.85M
Financing Cash Flow65.00M-5.15M110.48M-7.21M-13.72M-22.19M-7.33M
Capital Expenditure2.47M3.86M9.81M3.13M1.69M2.19M2.39M
Free Cash Flow-24.54M-19.38M-30.18M-15.89M8.53M11.96M15.15M
Dividends Paid70.80M------
FCF to OCF111.19%124.87%148.15%124.49%83.46%84.56%86.38%
Dividend Paid to FCF-288.52%------

Earnings

Report DateMar 31, 2020Jun 30, 2020Mar 31, 2021Jun 30, 2021Dec 7, 2021Mar 2, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 22, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 21, 2024May 1, 2024Jul 31, 2024Oct 30, 2024Feb 20, 2025May 5, 2025Jul 31, 2025Oct 30, 2025Feb 19, 2026Apr 30, 2026Aug 6, 2026Oct 29, 2026
EPS Estimate0.000.000.000.00-0.63-0.26-0.18-0.16-0.14-0.11-0.08-0.07-0.06-0.03-0.02-0.02-0.120.010.01-0.130.020.040.02-0.07-0.06
EPS Actual-0.98-0.64-0.96-1.13-0.72-0.26-0.16-0.16-0.10-0.06-0.05-0.05-0.01-0.01-0.01-0.120.03-0.090.010.020.030.030.03-0.05-
Surprise-----14.29%0.00%11.11%0.00%28.57%45.45%37.50%28.57%83.33%66.67%50.00%-500.00%125.00%-1000.00%0.00%115.38%50.00%-25.00%50.00%28.57%-
Timing----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap592.12M
Enterprise Value561.81M
Trailing P/E0.00
Forward P/E0.00
Price / Sales2.30
Price / Book6.40
EPS-0.27
Book Value1.05
Revenue (TTM)257.79M
Gross Profit (TTM)186.62M
EBITDA-9.54M
Profit Margin-7.97%
Operating Margin-6.22%
Return on Equity-25.08%
Return on Assets-6.23%
Shares Outstanding80.45M
Shares Float63.55M
Beta1.69
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 7 analystsTarget 7.40
  • Strong Buy
    4
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
93.63%
Insiders
7.17%
Retail / Other
0.00%

Top Institutional Holders

  • Newtyn Management LLC
    7.00M8.75%
  • BlackRock Inc
    4.72M5.90%
  • Crosslink Capital Inc
    4.25M5.31%
  • Disciplined Growth Investors Inc
    3.00M3.75%
  • Vanguard Capital Management, LLC
    2.76M3.45%
  • Frontier Capital Management CO Inc
    2.45M3.06%
  • Vanguard Portfolio Management, LLC
    2.43M3.04%
  • State Street Corp
    2.19M2.74%
  • Gumshoe Capital Management LLC
    2.16M2.70%
  • Divisar Capital Management, LLC
    2.02M2.53%
  • CenterBook Partners LP
    1.65M2.06%
  • Geode Capital Management, LLC
    1.59M1.99%
  • Pale Fire Capital SE
    1.49M1.87%
  • Renaissance Technologies Corp
    1.49M1.86%
  • Huber Capital Management LLC
    1.32M1.65%
  • BNP Paribas Investment Partners SA
    1.23M1.53%
  • Engine Capital Management LP
    1.05M1.31%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.04M2.55%
  • iShares Russell 2000 ETF
    1.72M2.15%
  • Vanguard Information Technology ETF
    1.51M1.89%