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

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

Profitability

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

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

Risk and Volatility

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

Insider and Institutional Ownership

16.1% of MetaWorks Platforms shares are owned by institutional investors. Comparatively, 26.3% of ASAP 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 company will outperform the market over the long term.

Earnings & Valuation

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

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

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 Recommendations

This is a breakdown of current ratings and target prices for MetaWorks Platforms and ASAP, as provided by MarketBeat.com.

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

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

Summary

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

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.

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.