Wize Inc

Wize Inc's capital structure shows a market price of 34.0 JPY per share, with a market cap of 2,877,702,438 JPY. The company's price-to-book ratio is 2.16, and its price-to-tangible-book ratio is also 2.16, indicating a premium valuation relative to its book value. The enterprise value to EBITDA ratio is negative at -6.12, reflecting the company's current operating losses. The enterprise value to revenue ratio is 1.09, suggesting a relatively modest valuation based on revenue [doc:HA-latest]. Profitability metrics are weak, with a return on equity of -0.3959 and a return on assets of -0.1626, both significantly below industry norms. The company's debt-to-equity ratio is 0.94, and its current ratio is 1.77, indicating moderate liquidity but a need for careful monitoring of debt levels [doc:HA-latest]. Wize Inc's revenue is distributed across three segments: IP Investment and Development, Lifestyle IP, and Digital IP. The Lifestyle IP segment is the primary revenue generator, focusing on tableware, kitchen goods, and apparel. The Digital IP segment produces games using licensed IP, including anime. The IP Investment and Development segment aims to generate returns through IP investments [doc:HA-latest]. The company's growth trajectory is mixed. While the Lifestyle IP segment may offer stable revenue, the Digital IP and IP Investment segments are more volatile. The company's operating income is negative at -499,782,000 JPY, and its net income is also negative at -526,659,000 JPY. The operating cash flow is -345,043,000 JPY, and the free cash flow is -488,392,000 JPY, indicating significant cash outflows [doc:HA-latest]. Risk factors include liquidity concerns, with a medium liquidity rating and a key flag indicating negative net cash after subtracting total debt. The dilution risk is low, but the company's capital expenditure of -29,855,000 JPY suggests ongoing investment needs. The risk assessment highlights the need for careful financial management to address liquidity and profitability issues [doc:HA-latest]. Recent events include the company's transition from Mobcast Holdings Inc to Wize Inc, reflecting a strategic shift towards IP and entertainment. The company's financial performance, as reported in the latest filings, shows a challenging operating environment with significant losses and cash outflows [doc:HA-latest].