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iWOW Technology

IPO Note: 11 April 2022

Riding on IoT and sustainability megatrends

  • iWOW is a technology provider specialising in vertically integrated Internet of things (IoT) solutions. Through wireless communication technology, devices and sensors are connected to cloud-application servers for a variety of applications.
  • Key Drivers. Smart test kit; evolution of the current Alarm Alert System for the elderly to a one-stop lifestyle solution device; Strong order book with blue-chip clientele including government agencies; Expanding market reach through the offering of IoT solutions in overseas markets such as Japan, Thailand, Malaysia, Indonesia and the United Arab Emirates.
  • Valuation. iWOW will trade at 16.9x FY2021 P/E based on the post-Placement FY2021 EPS of 1.48 Sing cents.


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