Sunday 8 November 2026
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Earlyworks Co., Ltd. Unsponsored ADR
PDC Technology Software Application
Earlyworks Co., Ltd. Unsponsored ADR’s revenue for fiscal 2026 (year ended April 2026) was $1.6 million, down 47.0% from fiscal 2025.
2.55
0.45
+21.43%
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Analyst price targets
Free accountTen years at a glance Fiscal years to April
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | — | — | — | — | 2 | 3 | 0 | 1 | 3 | 2 | (4.2%) | — | — | — | — | |
| Gross margin, % | — | — | — | — | 84.49 | 76.63 | 34.49 | 79.04 | 51.57 | 59.46 | (25.0) pt | ||||||
| EBT | — | — | — | — | (1) | (4) | (3) | (2) | (2) | (18) | +85.3% | ||||||
| EBT margin, % | — | — | — | — | (39.64) | (123.68) | (840.86) | (187.52) | (58.29) | (1,074.72) | (1,035.1) pt | ||||||
| Net income | — | — | — | — | (1) | 0 | (3) | (2) | (2) | (18) | +92.7% | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.13 | 1.13 | 0.12 | 0.39 | 1.02 | 0.09 | (6.9%) | |||||
| Earnings | — | — | — | — | (0.04) | (1.47) | (1.02) | (0.70) | (0.60) | (1.00) | +90.4% | ||||||
| Cash flow | — | — | — | — | 0.02 | 0.24 | (1.06) | (0.85) | (0.45) | (0.23) | n/m | ||||||
| Capex | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | (0.07) | 0.00 | n/m | ||||||
| Free cash flow | — | — | — | — | 0.02 | 0.24 | (1.07) | (0.85) | (0.52) | (0.24) | n/m | ||||||
| Book value | — | — | — | — | 0.19 | 1.44 | 0.55 | 0.71 | 0.17 | 2.61 | +68.2% | ||||||
| Shares, m | — | — | — | — | 15 | 3 | 3 | 3 | 3 | 18 | +2.8% | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | — | |||||
| P/S | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| P/B | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/FCF | — | — | — | — | (0.02) | (0.02) | (0.02) | 0.18 | 0.07 | (0.57) | (0.1) | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 0 | 1 | (3) | (3) | (1) | (4) | n/m | |||||
| Capex | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | +55.2% | ||||||
| Free cash flow | — | — | — | — | 0 | 1 | (3) | (3) | (2) | (4) | n/m | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 3 | 4 | 0 | 2 | 0 | (12) | n/m | |||||
| Net debt | — | — | — | — | (3) | (4) | 0 | (2) | 0 | 3 | n/m | ||||||
| Shareholders’ equity | — | — | — | — | 3 | 4 | 2 | 2 | 1 | 46 | +73.0% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | — | — | — | — | 0.00 | 0.00 | (67.01) | (61.10) | (72.15) | (52.83) | (52.8) pt | |||||
| ROIC | — | — | — | — | 0.00 | 0.00 | (110.55) | (411.26) | (983.85) | (22.42) | (22.4) pt | ||||||
| ROE | — | — | — | — | 0.00 | (117.13) | (102.07) | (117.48) | (137.47) | (143.31) | (143.3) pt | ||||||
| People | |||||||||||||||||
| People | Employees | — | — | — | — | — | 15 | 11 | 15 | 20 | 40 | +27.8% | |||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.00 | 0.03 | 0.08 | 0.15 | 0.04 | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Apr 2026 · fundamentals updated 2 Nov 2026
Earlyworks Co., Ltd. Unsponsored ADR vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| BMR Beamr Imaging Ltd. | $16.2M | — | — | — | — | −284.51% (below 0%: shrinking) | 94.76% | 0.00% | Compare |
| AIFF Firefly Neuroscience, Inc. | $14.3M | — (loss-making) | — | +71.91% (above 0%: growing) | n/m | +25.40% (above 0%: growing) | 49.22% | (384.05%) | Compare |
| IPM Intelligent Protection Management Corp. | $14.3M | — (loss-making) | — (loss-making) | +12.93% (above 0%: growing) | n/m | +42.70% (above 0%: growing) | 41.33% | (23.40%) | Compare |
| PDC Earlyworks Co., Ltd. Unsponsored ADR | $14.2M | — | — | — | — | −17.83% (below 0%: shrinking) | 28.48% | 0.00% | |
| RPGL Republic Power Group Limited | $13.8M | — | — | — | — | −1,728.88% (below 0%: shrinking) | — | — | Compare |
| WQEY WISeQey Corp | $13.4M | — (loss-making) | — | +55.93% (above 0%: growing) | n/m | −92.17% (below 0%: shrinking) | 52.94% | 0.00% | Compare |
| IFBD Infobird Co., Ltd. | $13.3M | — (loss-making) | — (loss-making) | −64.75% (below 0%: shrinking) | +85.14% (above 0%: growing) | +80.81% (above 0%: growing) | 36.20% | 0.00% | Compare |
| AHI Advanced Human Imaging Limited Sponsored ADR | $13.2M | — (loss-making) | — (loss-making) | +307.96% (above 0%: growing) | +49.62% (above 0%: growing) | −21.40% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| SMSI Smith Micro Software, Inc. | $12.8M | — (loss-making) | — (loss-making) | −1.79% (below 0%: shrinking) | n/m | +61.05% (above 0%: growing) | 81.32% | (54.57%) | Compare |
| Median of peers | $13.6M | — | — | +34.43% | — | +2.00% | 49.22% | 0.00% |