WSFT - Wikisoft

Discussion in 'Penny Stocks' started by Noam Fergam, Mar 29, 2021.

  1. Noam Fergam

    Noam Fergam New Member

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    I'm trying out to pull off some money and try to make the right pick of the stocks, at least to be equal in bad times.
    Today's market shows no mercy, so that no one can give you 100% sure stable stock.
    I across this one which I believe a considerable potential, and maybe you will see it that way.
    There were few publications on Marketwatch and Associated Press so far , but now is time to trown a look at this company's technicals and what is making an excellent choice to invest in it.
    Here is the full report

    Analysis Report Wikisoft Corp. Ticker: (WSFT)
    [​IMG]


    Price: USD 3.40 as of March 26 2021

    Table of Contents:

    1. Short Introduction to the company

    2. Analysis

    3. Outlook



    1. Introduction

    Wikisoft’s flagship online platform, Wikiprofile.com, aims to be a powerful solution with tools and resources for businesses and business professionals to find valid information quickly and easily so that they can make informed career and hiring decisions.

    By leveraging artificial intelligence and machine learning techniques, Wikisoft seeks to process raw data elements and refine them into tangible and valuable insights for businesses and business professionals.

    They believe, In line with increasing globalization, that there is a growing demand for access to credible company and employee information worldwide.

    The company´s vision and strategy:

    “Our vision is to create opportunity globally for business professionals and businesses to make informed career and hiring decisions.

    Manifesting this vision requires scaling information technology with high data validity across the key pillars: business professionals, businesses, job opportunities and professional skills.

    By pursuing this vision, we believe Wikisoft can enable users to connect to business opportunities on a global scale.” (Source: https://www.wikisoft.com/)

    The company was founded by Rasmus Refer in 2017 and was launched under Wikiprofile.com in 2018. Mr. Refer established to company with a clear goal in mind, he wanted to create the opportunity for businesses and professionals to make informed career and hiring decisions.

    In 2019 a restructuring took place and with it the listing on the OTC stock market was decided in the same year. The next steps followed quickly with listing on the stock market audited financials are required. A year later in 2020, the new CEO, Mr. Carsten Kjems Falk was appointed. Mr Falk is a great leader and was the Chief Marketing Officer of Clearsense Sweden, a scalable data platform for healthcare from 2010 to 2013 and the CEO of Domino´s Pizza DK from 2013 to 2019. In the meantime, he held various advisory board positions.

    In the same year, the new chairman, Mr. Paul C Quintal joined the company. Mr. Quintal also brings valuable experience and knowledge to the company, he is still the Chief Customer Officer at Pentius Inc. to this date.Pentius is a serial developer of web-based properties.


    But the real breakthrough for this company happened just recently. The company launched their new investor website http://www.wikisoft.com and also their new flagship platform and main revenue driver www.wikiprofile.com.

    To better visualize the milestones, a graphic from the investor presentation March 2021 is attached:
    [​IMG]


    2. Analysis

    Wikisoft has undergone massive change since its inception. The founder quickly realized in order to be a globally successful company, he has to be recognized globally. Therefore, the plan to restructure the company and list it on the stock exchange was a bold but hopefully rewarding step. The company has therefore successfully overcome 2 “restructuring phases” and is now at the most crucial phase as shown on the graph below:
    [​IMG]


    Wikisoft provides attractive investment opportunities:
    · As with a lot of tech companies, Wikisoft also has limited operational costs and is therefore on the best and easiest way to profitability.
    · What makes tech companies also attractive is the fact, that their revenue streams are highly scalable.
    · Coupled with the fact that they have limited operational costs make these companies extremely profitable cash flow machines.
    · Strong brand recognition & credibility help in reducing marketing costs
    · Another big factor is also the global access. With their big databases they can gather information on all companies worldwide and provided the needed information for every person.

    Wikisoft operates in the Global staffing industry. This industry offers a big and growing total addressable market (TAM) with relatively low competitors:
    [​IMG]

    Source :https://www.statista.com/statistics/624116/staffing-industry-revenue-worldwide/


    The Global staffing industry revenues has grown with a compound annual growth rate (CAGR) of nearly 6% per year! Which makes it big enough to take market share and really attractive with its revenue growth rate.

    Let´s compare Wikisoft, which is a relatively new company, with its peers and what they have accomplished:

    Hired raised 132$ million since founding in 2012. More than 10,000 of the top companies using Hired and can save significant time screening their candidates. In fact it is claimed that it reduces the time to hire by 33%!

    Glassdoor, founded in 2008 was acquired by Recruit Holdings for 1.2$ billion in May 2018. Provides recruiting solutions to over 7,000 employers – including 40% of the Fortune 500 companies.

    Last but not least, LinkedIn (established in 2005) was acquired by Microsoft for a staggering 26.2$ billion. It is estimated that their channel sales consist of 3.4$ billion Talent solutions, 1$ billion Marketing solutions and 1.3$ billion subscriptions.

    [​IMG]
    (source: https://www.businessofapps.com/data/linkedin-statistics/)


    This showcases the potential for such a young company like Wikisoft, which is certainly a good buy-out candidates for other big players in this field, what is possible in this sector. The subscription model that LinkedIn has, is a prime example what recurring revenues offer, if one of the biggest tech companies, Microsoft, is interested in acquiring you.

    Wikiprofile.com offers a user-friendly homepage which is easy to navigate and has low complexity compared to their competitors. Furthermore, it offers more free content than their competitors.

    Their database offers reliable and trustworthy information that is gathered from over 100 million company websites and over 50 trusted sources. Their machine learning and AI merge, cleanse and validate the date before it is published on the website. Here is an overview of some of the sources for the company and employer data:
    [​IMG]


    Now, on to the most important information about the company, what are the revenue streams:

    Wikisoft offers 4 different products:

    Business Professionals, Businesses, Recruit and Company research.


    1. Business Professionals:

    Here customers can choose between two variants, the free “Basic” model or the paid version “Premium” that costs 19.99 per month (our first subscription type revenue).

    The free basic profile includes visibility to recruiters with free content. See who viewed the profile. Get proposals (not readable database consists of content collected from +100M company websites and +50 trusted sources.

    Premium profiles have access to job proposals, send in-mails and access to financial reports for qualified career decisions.

    2. Business:

    Again, customers can choose between a free and a paid variant, the paid variant costing 29.99$ per month. (second subscription model)

    Free profiles with ability to communicate company culture, showcase brand, build trust, attract new customers or employees. Send 5 job proposals non readable.

    Premium profiles have access to send job proposals & sort in employee reviews among others.

    3. Recruit

    Companies pay 1% of annual salary for 24 months per hire. If the employee stops working for the company Wikisoft does not charge. (subscription model 3)

    4. Company research

    Access to financial reports and other content to make qualified career decisions (this is the only non-subscription type of revenue) for 19.99$.

    3. Outlook

    With companies in their growth phase, it is important to gather a lot of cash. This can be best done with dilution of shares. Wikisoft has filed a listing on the OTC stock exchange exactly for this reason. In order to invest more in their growing company and reaching their goals they need a lot of cash. The company also published a roadmap of their goals for the current year 2021:

    [​IMG]
     
  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Our?
     
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  3. Julian21

    Julian21 New Member

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    I just saw that WSFT is feature here and is great to see that. I'm bag holder of 4k shares now on price of $2.85 and volume of 4k. I got entry point on $2.50
    You can find a lot of info on reddit about this penny stock DD,Tech Analysis and much more.
    From my point of view this is very importnat to have in mind from Barchart in upcoming trend of this stock
    https:// www.barchart.com/stocks/quotes/WSFT/cheat-sheet

    Very important urls from last 2 days are
    https://vocal.media/journal/saas-in...on-the-lucrative-human-capital-trends-of-2021
    https://hubpages.com/business/WSFT-...zing-On-The-Lucrative-Human-Capital-Trends-Of
     
  4. Karin Hoose

    Karin Hoose New Member

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