Wave is a financial technology company that provides mobile money and digital banking services in Africa.

Wave

ECIT offers services in accounting, payroll, IT, and business solutions. It provides self-described high competence and products in these areas.

ECIT

ErgoDirect offers ergonomic products and services including adjustable desks, monitor arms, and ergonomic chairs. The company provides free consultations and custom office design solutions.

ErgoDirect

IoThink Solutions offers an Internet of Things (IoT) platform that provides flexible and customized IoT solutions for system integrators, device makers, machine builders, and network operators. Self-described as innovative, it supports rapid deployment and interoperability.

IoThink Solutions

Wave Côte d'Ivoire

Wave Sénégal

Wave Uganda

We're making Africa the first cashless continent.

In 2017, nearly 60% of adults in sub-Saharan Africa had no bank account. That's for good reason—the fees are too high, the closest branch can be miles away, and nobody takes cards. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash.

We're solving this by building financial services that just work: no account fees, instantly available, and accepted everywhere. In places where electricity, water and roads don't always work, you can still send money with Wave. In November 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments. In 2019, we expanded to Cote D'Ivoire. Now, we have millions of users and are growing fast. 
Our goal is to drive financial inclusion and make Africa the first cashless continent. 

Wave Mobile Money

Happy New Week!

Today on our employee spotlight is Yacine DIOP, Business Development Manager based in Senegal who joined Wave in January of 2021.

This is her story:

"In 2021, I embarked on a journey to renew my experience. I was yearning for increased performance, more significant challenges to overcome, enhanced flexibility, and, above all, a departure from traditional ways of working.

During this period, I received several job offers and after careful consideration, I chose to accept Wave’s offer - a company I only knew vaguely. It wasn't a leap into the unknown but a strong intuition. This intuition led me to a company where I could bring my skills, learn new things, and, most importantly, align with values and principles that complement mine.

Looking back, I can proudly say that my performance and contributions have played a significant role in the company's growth."

Thank you, Yacine, for sharing your inspiring Wave journey. Your contributions have been invaluable to our growth, and we're grateful to have you on our team! 💙

Happy Friday! ✨ 

Today, we are flashing back to when our team in Côte d'Ivoire celebrated Father's Day in a unique way.

The team organized a culinary competition with the theme “Travel around the world with chicken”. 

Six team members from different departments showcased their cooking skills. The judges got to taste and rate all the amazing chicken dishes and boyyyy…they really impressed us all!

It was such a fun experience, and moments like these truly reiterate the team spirit and culture we're cultivating at Wave despite our diverse backgrounds. 💙 

Enjoy the weekend!

Hey there! Happy Friday - the most anticipated day of the week.😎 

In today's Living Your Fullest Life segment, we have Sarah Kaba - Corporate Sales Supervisor in Côte d'Ivoire.

Sarah says - “Living my fullest life means leaving work at a decent hour to devote valuable time to my family and friends. This balance allows me to embrace life truly. As someone who craves adventure, I recently embarked on a vacation to the upcountry of Côte d'Ivoire and France, immersing myself in new experiences with my loved ones.

I feel like I've found the professional life I've always dreamed of at Wave – it's truly magical!"

Life is all about those special moments and exciting adventures. Here's to making time for loved ones and pursuing our passions with enthusiasm – just like Sarah! 💙

Happy Friday, everyone! 💫 

Today marks another captivating edition in our ‘’family-themed feature’’ and we couldn't be more thrilled to share it with you.

In the spotlight are the delightful duo of Jean-Marc Konan ( Support Group Lead) and Aby Sarah Ouattara (Support Quality and Training Officer), whose paths first crossed at Wave Côte d’Ivoire. From strangers to colleagues and then to life partners, their journey together is nothing short of a fairy tale.

Here's a glimpse of their experiences:

Jean-Marc
"I joined Wave in August 2021 and met my wife a month later. Our relationship began through a colleague who didn't hesitate to introduce us.

Working with my wife, Sarah, is such a unique experience. We have an excellent working relationship and exchange views on subjects related to our professional development.

We sometimes work closely together on certain projects. Her professionalism and sound advice are invaluable to me."

Sarah
"I joined Wave in September 2021, having been referred by a colleague, and then fate brought my husband and I together.

Working with Jean-Marc means working with an exemplary person. He's a great source of motivation.

We share the same values and common goals. We also find the right balance between our professional and private lives to better organize ourselves for work and thoroughly enjoy our family time."

Jean-Marc and Sarah's story is a beautiful example of love blooming in not-so-expected places, and we wish them a lifetime of happiness. 💙 
 
Stay tuned for more captivating stories of Wavers, and have a fabulous weekend!

Happy Monday! 💫 

Today on our employee spotlight is Jean-Jacques N'DRI, Head of Sales in Côte d'Ivoire, who joined Wave in April 2023.

Here is what he has to say:

"What I particularly love about working at Wave is the culture of innovation and resilience. New ideas, fresh ideas, attempting, analyzing, correcting, and upgrading - these actions are not just encouraged; they are the essence of our daily operations, motivating us to constantly think about how to deliver the best to our users.

"We are embarrassingly honest at Wave". This principle of transparency and straightforwardness has been crucial to my growth and progress, both personally and professionally.

The dedication of our tireless, brilliant team is making an invaluable impact in the lives of our customers. I see a lot of potential here, and being a part of this beautiful story fills me with excitement."

Jean-Jacques, thanks for sharing your story, and here’s to our continued success together. 🥂

Hey there! Happy Wonder Woman Wednesday! ✨ 

Today, we are pleased to spotlight Anna Sow, People Partner, and Odile Ndione, Support Group Lead, based in Senegal.

Their hard work and positive energy make our workplace a better and brighter environment for everyone.

We celebrate the incredible dedication and impactful contributions they bring to our team. 💙 

Enjoy the rest of the week!

Metric
Company Name	Wave	ECIT	ErgoDirect	IoThink Solutions
Symbol
MSH ID	COM:WAVE	COM:ECIT	COM:ERGODIRECT	COM:IOTHINK-SOLUTIONS
Market	PRIVATE	PRIVATE	PRIVATE	PRIVATE
Sector	Financial Services & Finance	Commercial & Professional Services	Consumer Goods	Technology
Industry	Financial Technology	Accounting & IT Services	Furniture	Internet of Things (IoT)
Country	SN	NO	US	FR
Stage	Series D
Employee Count	3.48K		11
Website	wave.com	ecit.com	ergodirect.com	iothink-solutions.com
LinkedIn	wavemm			iothink-solutions
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic	7.28M	66.76K	19.82K	677
Web Traffic Growth	0.12	0.21	-0.40	-0.44
Valuation
Raised Capital	24M

Metric
Revenue
Revenue (LTM)
Revenue (NTM)
Gross Profit
EBITDA
Operating Income
Net Income
EPS
Diluted EPS
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

WAVE

COM:WAVE

Wave

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio
P/B Ratio
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt
Operating Cash Flow/Sales
Free Cash Flow Yield

Metric
Cash & Equivalents
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization
Debt to Assets
Current Ratio
Quick Ratio

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue