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The Smarter Web Company

SWC.L
36
Information Technology Services · Technology
Price
34.80 GBp
+3.29 (+10.46%)
Market Cap
129.4M GBp
Exchange
London Stock Exchange
Winston Score
36
Winston is serious
Below-average fundamentals — multiple weak pillars.
Data as of Aug 23, 2026 · filings through Apr 30, 2026
How the score breaks down
Quality
Mixed
Growth
Weak
Cash Flow
Data not available
Stability
Good
Valuation
Good

Share count falling — buybacks

6.3% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 3.5M (2021) → 3.3M (2025)

Winston Score History

The full picture

The Smarter Web Company is a small UK-based technology firm that builds and manages websites and digital marketing services for small and medium-sized businesses. Its core offerings include website design, search engine optimization, and online advertising management, helping local businesses get found on the internet. The company operates primarily in the United Kingdom.

The business earns money through recurring monthly fees that clients pay for ongoing website hosting, maintenance, and digital marketing support — a subscription-style model that helps create predictable revenue. With a gross margin near 79%, the underlying service delivery is efficient, but a deeply negative operating margin signals that overhead and growth costs are far outpacing revenue at this stage. The key challenge for The Smarter Web Company is scaling its client base fast enough to cover fixed costs and reach profitability, while competing against much larger digital agencies and do-it-yourself platforms like Wix and Squarespace that target the same small-business market.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

YoY Growth Rate

Revenue data limited

EPS Growth

-13.4% YoY

YoY Growth Rate

Earnings declining

R&D Spend

£0/ year

0.0% of revenue

Below sector average (15%)

Research and development spending

Insider Activity

28.0%ownership

Insiders own a meaningful stake in the company

Cash Runway

~2 months

£1M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

The Smarter Web Company has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
81.5%
Premium pricing power — 81.5% gross margin
Profit after running costs
Operating Margin
-683.5%
Losing money on operations — -683.5%
Return on the money invested
ROCE
-1.7%
Weak — -1.7% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales growth
Sales YoY
N/A
Data not available
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

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Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
N/A
Data not available

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Stability

What it owes vs what it owns
Debt / Equity
0.18
Conservative — low debt load (0.18)
Covers its interest
Interest Cover
N/A
Data not available

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Valuation

Price vs profit
P/E Ratio (TTM)
0.5x
Attractive valuation — P/E 0.5

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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