34LOW

FCT

FIRSTWAVE FPO [FCT]
FirstWave Cloud Technology Limited develops and sells network monitoring and internet security software in Australia, the United States, Canada, Mexico, Central America, South America, and the rest of the world. The company offers Network Management Information System, a complete network management solution; opCharts, an interactive dashboards and charts solution; opConfig, a network configuration and compliance management solution; opEvents, a centralized event log management software; opAddress, an IP address audit and management solution; opFlow, a network traffic analyzer; opReports, an advanced analysis and reporting solution; and opHA, a distributed network management solution, as well as Open-AudIT, a network discovery and inventory software. It also provides secure traffic manager for network traffic visibility and control; and CyberCision, a cybersecurity-as-a-service platform that enables service providers to sell, set up, and provide security services. The company serves managed service providers, governments, and enterprises. FirstWave Cloud Technology Limited was founded in 2004 and is based in Surfers Paradise, Australia.
Technology · ASX Small Cap
$0.0040 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical67
Catalyst54
Sentiment50
Fundamental24
Momentum34
Risk Gate27
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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Volume surging at 4.4x normal while price falls — heavy selling pressure
  • On a tear — up 33.3% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.12, so it's outpacing the pack
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Critical cash runway (0.5 quarters)
  • Low P/S ratio (0.8x)
  • Revenue in sharp decline (-16%)
  • Near 52-week low (0% of range)
  • Micro-cap ($5-20M) - high risk
  • New substantial holder(s) (1)
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 69% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (3.73%/day)
  • Altman Z-Score distress zone (1.31 < 1.81, low-confidence approx)
  • Penny stock risk ($0.003)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Deeply negative margins (-186%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -16% — the top line is shrinking
  • Overseas neutral (-2pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Change in substantial holding
NONE Notice of Extraordinary General Meeting/Proxy Form
NONE Half Year Report and Accounts
HIGH Becoming a substantial holder
Announcement tone +3pts

Recent ASX Announcements

2026-03-19 Change in substantial holding
2026-03-12 Notice of Extraordinary General Meeting/Proxy Form
2026-02-27 Half Year Report and Accounts PRICE SENSITIVE
2026-02-24 Becoming a substantial holder
2026-02-16 Cleansing Notice

Key Metrics

$6.4M
Market Cap
4.1M
Avg Volume
4.4x
Vol Ratio
$0.00 — $0.02
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-60.1%
ROE
-186.3%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 74%
LLeader vs LaggardlaggardRS: -11
IInstitutional SponsorshipweakInst: 1%
MMarket DirectionneutralNeutral

Sector: Technology

Ranked #92 of 97 · Sector avg: 46

View all Technology signals →
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