Weave Communications Stock (NYSE:WEAV)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$5.58

52W Range

$4.24 - $9.10

50D Avg

$5.43

200D Avg

$6.20

Market Cap

$434.43M

Avg Vol (3M)

$1.35M

Beta

1.69

Div Yield

-

WEAV Company Profile


Weave Communications, Inc. delivers a comprehensive software platform designed for customer communication and engagement across the United States and Canada. This platform empowers small and medium-sized businesses (SMBs) to elevate the effectiveness of their customer interactions while significantly reducing the labor involved in routine or repetitive duties. Among its diverse offerings are a sophisticated Phone System capable of discerning new from existing callers, delivering pertinent information during calls, and efficiently managing peak call volumes. It also provides dedicated Text Messaging for direct customer communication and a Missed Call Text feature that facilitates immediate follow-up on unanswered calls. For internal team collaboration, Weave Team offers an internal group messaging solution to foster seamless communication among staff members. A versatile Mobile App further extends functionality for customer texting, payment requests, and handling inbound/outbound calls. The company's suite of tools also includes Weave Reviews, enabling businesses to solicit, gather, monitor, and reply to customer feedback, alongside an integrated Email Marketing system. Web Assistant Appointment Requests and Text Connect functionalities allow online engagement with both current and prospective clients directly via their websites. Financial operations are supported by Weave Payments, a streamlined payment processing solution, and Customer Insights, which aids in expedited payment collection, enhances personalized customer engagement, and suggests appropriate follow-up actions. Robust Analytics tools help pinpoint unscheduled treatments, missed appointments, outstanding invoices, and other operational requirements. Additionally, the platform features Digital Forms for capturing essential data and a Scheduling feature that automates appointment reminders via text or email. Weave primarily caters to various specialized sectors including dental, optometry, veterinary, physical therapy, home services, audiology, medical specialties, and podiatry. Originally established as Recall Solutions, LLC in 2008, the company rebranded to Weave Communications, Inc. in October 2015. Its corporate headquarters are located in Lehi, Utah.

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Industry

Software - Application

Sector

Technology

Exchange

NYSE

ADR

-

Country

US

Employees

854

IPO Date

Nov 11, 2021

Website

WEAV Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24Dec 23
Phone Hardware$6.79M--
Subscription And Payment Processing$228.77M$196.11M$162.72M
Recurring Revenue$235.56M--
Onboarding$3.46M$3.55M$3.23M
Product--$4.50M

Fiscal year ends in Dec 25 | Currency in USD

WEAV Financial Summary


Dec 25Dec 24Dec 23
Revenue$239.02M$204.31M$170.47M
Operating Income$-28.91M$-31.41M$-34.37M
Net Income$-28.05M$-28.35M$-31.03M
EBITDA$-10.78M$-11.17M$-13.02M
Basic EPS$-0.37$-0.40$-0.46
Diluted EPS$-0.37$-0.40$-0.46

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q1 26Apr 30, 26 | 4:30 PM
Q4 25Feb 20, 26 | 4:30 PM
Q3 25Oct 30, 25 | 4:30 PM

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