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WeShop Holdings Limited Class A Ordinary Shares

WSHP NASDAQ Categories PDF
Communication Services · Internet Content & Information
Tortola, UT VG1110, United Kingdom IPO 2025 we.shop Updated Jun 26, 6:35pm
Price
$8.00
Market Cap
$205.2M
Employees
19
Beta
5.49
Avg Volume
897,166
CEO
Paul Ellerbeck
Business Description

WeShop Holdings Limited, operating under the name WeShop, provides a distinctive social e-commerce platform. This platform is designed to incentivize users by offering rewards for their purchases of products from a wide array of brands, particularly those influenced by recommendations from their personal network. Users can then redeem these rewards as prizes, which have the flexibility to be withdrawn as cash or contributed to charitable causes. The platform boasts an extensive catalog covering diverse categories such as fashion and accessories, health and beauty, home and DIY goods, food and beverages, travel and holiday packages, and technology and electronics, among many others. The company was previously known as Boanerges Limited and is headquartered in Tortola, British Virgin Islands.

Business History
Price Overview
Last updated: Jun 27, 2026 8:00am (just now)
$8.00
+3.29 (+69.85%)
Day Range
$4.80 – $8.47
52-Week Range
$4.62 – $250.00
50-Day MA
$7.54
200-Day MA
$42.79
Volume
7,895,084.00
Share Structure
Outstanding 25,650,000.00
Float 1,325,397.00
Free Float 5.2%
Very low free float — 5.2% of shares trade freely, ~94.8% held by insiders/institutions
Thinly traded — expect wider bid-ask spreads and sharp price swings on modest volume. Institutional investors may avoid due to liquidity constraints.
Small absolute float (1.3M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Last updated: Jun 27, 2026 8:00am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 27, 2026 8:00am (just now)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-15.09
Stock Price: $8.00
EPS (Diluted): -0.53
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
78.96
Stock Price: $8.00
Total Equity: $7.43M
Shares: 23,285,257
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-18.91
Market Cap: $205.20M
Total Debt: $4.26M
Cash: $28,066
EBITDA: -$9.37M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$590.5M
Market Cap: $205.20M
Total Debt: $4.26M
Cash: $28,066
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
452.83
Stock Price: $8.00
Revenue: $1.29M
Shares: 23,285,257
EV/Sales (Total value vs revenue — works when P/E can't)
API
456.09
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
-332.0%
Gross Profit: -$4.30M
Revenue: $1.29M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
-844.7%
Operating Income: -$10.94M
Revenue: $1.29M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
-932.6%
Net Income: -$12.07M
Revenue: $1.29M
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-198.7%
Net Income: -$12.07M
Total Equity: $7.43M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-94.8%
Operating Income: -$10.94M
Tax Rate: 0.0%
Equity: $7.43M
Total Debt: $4.26M
Cash: $28,066
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
0.03
Current Assets: $177,661
Current Liabilities: $6.16M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.57
Short-Term Debt: $4.26M
Long-Term Debt: $0.00
Total Debt: $4.26M
Total Equity: $7.43M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$0.06
Revenue: $1.29M
Shares: 23,285,257
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$0.32
Total Equity: $7.43M
Shares: 23,285,257
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-0.09
Operating CF: -$2.16M
CapEx: -$5,930
Shares: 23,285,257
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $8.00
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$12.07M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares WSHP against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 27, 2026 8:00am (just now)
Metric 2022 2023 2024
Revenue $153,404 $1.5M $1.3M
Cost of Revenue $137,043 $26.9M $5.6M
Gross Profit $16,361 -$25.5M -$4.3M
Operating Expenses $8.5M $35.8M $6.6M
Operating Income -$8.5M -$61.3M -$10.9M
Net Income -$8.8M -$61.4M -$12.1M
EBITDA -$6.5M -$58.9M -$9.4M
EPS $-0.38 $-2.59 $-0.53
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 27, 2026 8:00am (just now)
Metric 2022 2023 2024
Cash & Equivalents $439,425 $139,411 $28,066
Total Current Assets $862,389 $866,430 $177,661
Total Assets $18.6M $16.7M $14.0M
Current Liabilities $7.8M $11.1M $6.2M
Long-Term Debt $0 $0 $0
Total Liabilities $7.8M $11.5M $6.5M
Total Equity $10.9M $5.2M $7.4M
Retained Earnings -$9.9M -$72.0M -$84.1M
Cash Flow (Annual)
Last updated: Jun 27, 2026 8:00am (just now)
Metric 2022 2023 2024
Operating Cash Flow -$6.0M -$3.5M -$2.2M
Capital Expenditure $-20,276 $-30,743 $-5,930
Free Cash Flow -$6.0M -$3.5M -$2.2M
Acquisitions (net) $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0
Net Change in Cash $286,470 $-300,014 $-111,345
Growth Trends (YoY %)
Last updated: Jun 27, 2026 8:00am (just now)
Metric 2023 2024
Revenue Growth +847.0% -10.9%
Gross Profit Growth -155,922.4% +83.1%
Operating Income Growth -621.2% +82.1%
Net Income Growth -599.8% +80.3%
EBITDA Growth -804.8% +84.1%
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for WSHP — it's generated by the pipeline (market-narrative step).
Community AI Feedback
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30