Way2VAT Buys RBCVat: UK Expansion & 4-Pillar Strategy Unveiled
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Introduction
In this ASX small-cap analysis, Way2VAT (W2V.ASX) announces the acquisition of RBCVat in the UK as part of its four-pillar growth strategy: VAT reclaim, APAI real-time invoice validation, VAT consultancy, and a next-gen invoicing tech. James Whelan sits down with Amos Simantov, CEO of Way2VAT, to unpack the strategic rationale, the deal terms, and what the move means for revenue, profitability, and cross-border VAT reclaim for global enterprises.
What we cover: - Quick recap of Way2VAT's platform: fully automated VAT reclaim for multinational clients, handling millions of receipts and invoices, across 40 jurisdictions. - Why RBCVat fits: established UK footprint and deep VAT consultancy capabilities, with US-based and EU clients, enabling cross-sell into Way2VAT's core VAT reclaim ecosystem. - Deal terms and financials: ~GBP2m valuation, c.GBP0.5m annual profit prior to the acquisition, and funding plan targeting ~AUD3m (split between growth capital and deal funding). Anticipated impact on the group P&L and milestones. - APAI integration: immediate internal benefits for RBC's processes and a scalable SaaS platform for clients, with potential for broad client adoption. - Growth potential: cross-sell across existing clients, entrance into new verticals, and alignment with a 1bn revenue, 1,000+ employee client profile. - Risks and milestones: retain key staff and clients, achieve targeted revenue and profitability, and monitor integration progress.
Final thoughts and where to access investor materials.
If you found this analysis helpful, subscribe for ongoing ASX small-cap insights and check the investor materials linked below for the full RBCVat deal details.
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