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WB Burgers Asia

WBBA
22
Shell Companies · Financial Services
Price
$0.01
+0.00 (+0.00%)
Market Cap
$250,791
Winston Score
22
Winston is worried
Weak fundamentals across most pillars.

Share count rising — dilution

+401683.8% over 16y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 3K (2007) → 10.6M (2023)

WB Burgers Asia, Inc. is a shell company currently listed on U.S. markets under the ticker WBBA. A shell company has no real business operations — it does not sell products or serve customers in any meaningful way. Companies like this are often created as empty legal structures, sometimes used as vehicles for a future merger or acquisition with a private business.

The company generates essentially no revenue, which explains its deeply negative margins across every financial measure. With a market cap near zero and losses far exceeding any income, the financial profile reflects a business that is spending money without a working operation behind it. The main risk here is significant: shell companies carry a high chance of total loss for investors, as there is no guarantee a viable business will ever be merged in, and many shells are eventually delisted or dissolved without returning value to shareholders.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+5.8% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+78.3% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Insider Activity

78.5%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$14,419 cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

WB Burgers Asia is growing revenue at 6% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Gross Margin
-119.5%
Thin — -119.5% gross margin
Operating Margin
-170.1%
Losing money on operations — -170.1%
ROCE
-42.1%
Weak — -42.1% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales YoY
+31.8%
Fast-growing sales (31.8% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
0/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
-2.7%
Burning cash (-2.7%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

Debt / Equity
0.58
Conservative — low debt load (0.58)
Interest Cover
N/A
Data not available

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Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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