Analyzing ASAP (NASDAQ:WTRH) and MetaWorks Platforms (OTCMKTS:MWRK)

ASAP (NASDAQ:WTRH) and MetaWorks Platforms (OTCMKTS:MWRK) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, earnings, profitability, valuation and risk.

Earnings & Valuation

This table compares ASAP and MetaWorks Platforms”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ASAP	$130.00 million	0.00	-$5.23 million	($1.03)	N/A
MetaWorks Platforms	$410,000.00	1.66	-$5.65 million	($0.08)	-0.09

ASAP has higher revenue and earnings than MetaWorks Platforms. MetaWorks Platforms is trading at a lower price-to-earnings ratio than ASAP, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of recent ratings and price targets for ASAP and MetaWorks Platforms, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ASAP	0	0	0	0	0.00
MetaWorks Platforms	0	1	0	0	2.00

Given ASAP’s higher possible upside, equities research analysts plainly believe ASAP is more favorable than MetaWorks Platforms.

Insider & Institutional Ownership

26.3% of ASAP shares are owned by institutional investors. Comparatively, 16.1% of MetaWorks Platforms shares are owned by institutional investors. 14.2% of ASAP shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares ASAP and MetaWorks Platforms’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ASAP	-131.13%	-52.13%	-19.80%
MetaWorks Platforms	N/A	-249.65%	-157.91%

Volatility & Risk

ASAP has a beta of 0.57, meaning that its share price is 43% less volatile than the S&P 500. Comparatively, MetaWorks Platforms has a beta of 1.22, meaning that its share price is 22% more volatile than the S&P 500.

Summary

ASAP beats MetaWorks Platforms on 7 of the 12 factors compared between the two stocks.

About ASAP

ASAP, Inc. operates an online ordering technology platform in the United States. Its platform allows to order food, alcohol, convenience, grocery, flowers, auto parts, and others. The company's platform also facilitates access to third parties that provide payment processing solutions for restaurants and other merchants. As of June 30, 2022, it had approximately 27,000 restaurants in approximately 1,000 cities. The company was formerly known as Waitr Holdings Inc. and changed its name to ASAP, Inc. in August 2022. ASAP, Inc. was founded in 2013 and is headquartered in Lafayette, Louisiana.

About MetaWorks Platforms

MetaWorks Platforms, Inc. provides blockchain and Web3 development platform. It offers turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. The company provides business development and technical services; blockchain and technology program management services; customer development services; business launch services; and post-business launch support services. The company was formerly known as CurrencyWorks Inc. and changed its name to MetaWorks Platforms, Inc. in August 2022. MetaWorks Platforms, Inc. was incorporated in 2010 and is based in Fairfield, California.