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Maker of TraceTogether Token: iWOW jumped 14% on debut day
On April 14, $iWOW Tech (NXR.SG)$ jumped as much as 14%, kicking off the stock listing in the Singapore stock market. Product & Perform Show More
jumped as much as 14%, kicking off the stock listing in the Singapore stock market.
Product & Performance:
TraceTogether tokens accounted for 81% of FY2021's revenue. For FY2021, iWOW posted revenue of S$26.4 M, a 500% YoY increase. Net profit up from $S0.22 M in FY20 to $S3.7 M in FY 21, up 1581% YoY.
CEO's view:
Raymond Bo said: "The positive feedback is an encouraging sign of investors' firm belief in our current IoT offerings and future vision. Listing on Catalist is a pivotal phase in our long-term development strategy."
Post your own ideas to win:
Did you subscribe to the IPO of iWOW? Share your IPO Allotment Screenshot, or post a comment on the company or digital industry.
We will select 10 mooers to reward them with 1,000 points based on content quality, originality, and engagement.
Every participant who posts IPO Allotment Screenshot will win extra 200 points!
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