Waitr Holdings Inc. (ASAPQ)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Waitr Holdings Inc. (ASAPQ) with AI Score 39/100 (Weak). Waitr Holdings Inc. operates an online ordering technology platform in the United States, offering delivery services for food, alcohol, and other goods. Market cap: 0, Sector: Consumer cyclical.
Last analyzed: Mar 16, 2026Waitr Holdings Inc. (ASAPQ) Consumer Business Overview
Waitr Holdings Inc. operates an online ordering platform in the United States, providing delivery services for various goods. The company, founded in 2013, filed for Chapter 7 liquidation in April 2024, impacting its market position within the competitive specialty retail sector.
Investment Thesis
Waitr Holdings Inc. filed for Chapter 7 liquidation in April 2024, fundamentally altering its investment profile. The company's negative profit margin of -185.0% and lack of dividend payments reflect its financial challenges. With a market capitalization of $0.00B, the company's future is uncertain. Potential value drivers are nonexistent given the liquidation filing. Investors should note the high-risk nature of the company given its current state. The company's high beta of -4.16 suggests high volatility, although this is less relevant given the bankruptcy proceedings. The liquidation process will likely determine the ultimate outcome for stakeholders.
Based on FMP financials and quantitative analysis
Key Highlights
- Market Cap: $0.00B, indicating the company's negligible valuation following its Chapter 7 filing.
- Profit Margin: -185.0%, reflecting significant losses and unsustainable financial performance.
- Gross Margin: 33.2%, suggesting some efficiency in core operations, but insufficient to offset overall expenses.
- Beta: -4.16, indicating a negative correlation with the market, though less relevant in the context of liquidation.
- Dividend Yield: None, as the company does not offer dividends, reflecting its financial instability.
Competitors & Peers
Strengths
- Established online ordering platform.
- Diverse range of product offerings.
- Partnerships with restaurants and merchants.
- Technology infrastructure for delivery services.
Weaknesses
- Filed for Chapter 7 liquidation.
- Negative profit margin.
- High operating expenses.
- Intense competition.
Catalysts
- Ongoing: Bankruptcy proceedings may lead to asset sales or restructuring efforts.
- Ongoing: Potential for litigation related to the bankruptcy filing.
- Upcoming: Creditor meetings to discuss the liquidation process.
Risks
- Ongoing: Complete loss of investment due to liquidation.
- Potential: Legal challenges from creditors or shareholders.
- Potential: Delisting from the OTC market.
- Ongoing: Lack of transparency and financial disclosure.
- Potential: Inability to recover any value from the bankruptcy proceedings.
Growth Opportunities
- Expansion into New Verticals: Prior to its liquidation filing, Waitr could have explored expanding its delivery services to include additional verticals such as pharmaceutical products or business-to-business deliveries. The market for pharmaceutical delivery is projected to reach $1.7 billion by 2027, offering a potential avenue for growth. However, this opportunity is no longer relevant given the company's bankruptcy.
- Strategic Partnerships: Forming partnerships with national restaurant chains or retail brands could have provided Waitr with access to a broader customer base and increased order volume. These partnerships could have been structured to offer exclusive delivery services or bundled promotions. However, this strategy is now irrelevant due to the liquidation.
- Technological Innovation: Investing in advanced technologies such as AI-powered delivery route optimization or drone delivery could have improved efficiency and reduced delivery times. These innovations could have provided a competitive edge and attracted tech-savvy customers. However, given the company's bankruptcy, these technological advancements are no longer feasible.
- Geographic Expansion: Expanding its services to underserved markets or smaller cities could have allowed Waitr to tap into new customer segments and increase its overall market share. This expansion could have been achieved through organic growth or strategic acquisitions. However, the company's liquidation makes this growth opportunity unattainable.
- Enhanced Customer Loyalty Programs: Implementing a comprehensive customer loyalty program with personalized rewards and exclusive offers could have increased customer retention and repeat orders. This program could have been integrated with the company's mobile app and website. However, this strategy is now irrelevant due to the liquidation.
Opportunities
- Expansion into new verticals (no longer relevant).
- Strategic partnerships (no longer relevant).
- Technological innovation (no longer relevant).
- Geographic expansion (no longer relevant).
Threats
- Intense competition from larger players.
- Changing consumer preferences.
- Economic downturn.
- Regulatory challenges.
Competitive Advantages
- Network effect: The platform's value increased as more restaurants and customers joined.
- Technology: Proprietary online ordering technology platform.
- Brand recognition: Established brand in select markets.
- Partnerships: Relationships with restaurants and merchants.
About ASAPQ
Waitr Holdings Inc., established in 2013 and headquartered in Lafayette, Louisiana, operated an online ordering technology platform in the United States. The company facilitated the ordering and delivery of a diverse range of products, including food, alcohol, convenience items, groceries, flowers, and auto parts. Waitr's platform also provided access to third-party payment processing solutions for restaurants and other merchants, aiming to streamline the ordering and payment experience for both consumers and businesses. The company sought to capitalize on the growing demand for online ordering and delivery services, particularly in the restaurant and retail sectors. However, on April 2, 2024, Waitr Holdings Inc. and its affiliates filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the District of Delaware, signaling a significant downturn in its operational and financial stability. This filing indicates that the company is ceasing operations and liquidating its assets to pay off creditors, marking a critical turning point in its history.
What They Do
- Operated an online ordering technology platform.
- Facilitated food delivery from restaurants.
- Offered delivery services for alcohol and convenience items.
- Provided access to grocery and flower delivery.
- Enabled ordering of auto parts through its platform.
- Connected merchants with third-party payment processing solutions.
Business Model
- Charged restaurants a commission on each order placed through the platform.
- Generated revenue through delivery fees charged to customers.
- Facilitated payment processing for merchants, earning transaction fees.
- Potentially generated advertising revenue through sponsored listings or promotions.
Industry Context
Waitr Holdings Inc. operated within the competitive online food and goods delivery market, which has seen significant growth in recent years. The industry is characterized by intense competition among players such as GCFB (Golden Cross Financial Corp), KNBA (Kaizen Bank), LINUF (Lincrusta Holdings Corp), LZENF (Lizen Technology Corp), and PLWY (Playway SA), all vying for market share. Waitr's liquidation filing reflects the challenges of achieving profitability and sustainability in this landscape, particularly against larger, well-funded competitors. The market is driven by consumer demand for convenience and the increasing adoption of mobile ordering platforms.
Key Customers
- Consumers seeking convenient online ordering and delivery services.
- Restaurants looking to expand their reach and increase order volume.
- Merchants requiring payment processing solutions.
- Individuals ordering food, alcohol, groceries, and other goods.
Financials
Chart & Info
Waitr Holdings Inc. (ASAPQ) stock price: Price data unavailable
Latest News
No recent news available for ASAPQ.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ASAPQ.
Price Targets
Wall Street price target analysis for ASAPQ.
MoonshotScore
What does this score mean?
The MoonshotScore rates ASAPQ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
ASAPQ OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, encompassing securities that are not eligible for quotation on OTCQX or OTCQB. These securities often belong to companies that are distressed, undergoing bankruptcy, or have limited financial disclosure. Companies in this tier may not meet minimum financial standards or have chosen not to comply with OTCQX or OTCQB requirements. Investing in OTC Other securities carries substantial risk due to the lack of regulatory oversight and potential for fraud or manipulation.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Financial Disclosure: Lack of current and reliable financial information.
- Bankruptcy Proceedings: Chapter 7 liquidation significantly increases investment risk.
- Low Liquidity: Difficulty in buying or selling shares.
- Potential for Fraud or Manipulation: Increased risk due to limited regulatory oversight.
- Delisting Risk: Securities may be delisted from the OTC market.
- Verify the company's bankruptcy status with the U.S. Bankruptcy Court.
- Review any available financial statements, even if outdated.
- Assess the liquidity and trading volume of the stock.
- Research the company's management and history.
- Understand the risks associated with investing in OTC Other securities.
- Consult with a financial advisor before investing.
- Determine the potential for recovery in bankruptcy proceedings.
- Historical Operations: Waitr Holdings Inc. previously operated as a legitimate online ordering platform.
- SEC Filings: The company was previously subject to SEC reporting requirements before its delisting.
- Established Brand: Waitr had established brand recognition in select markets prior to its bankruptcy.
ASAPQ Consumer Cyclical Stock FAQ
What does Waitr Holdings Inc. do?
Waitr Holdings Inc. operated an online ordering technology platform in the United States, connecting consumers with restaurants and other merchants for delivery services. The platform facilitated the ordering and delivery of food, alcohol, convenience items, groceries, flowers, and auto parts. Waitr also provided payment processing solutions for restaurants. However, the company filed for Chapter 7 liquidation in April 2024, ceasing its operations. The company's business model relied on commissions from restaurants and delivery fees from customers.
What do analysts say about ASAPQ stock?
Given Waitr Holdings Inc.'s Chapter 7 liquidation filing, formal analyst coverage is likely limited or non-existent. Key valuation metrics such as price-to-earnings ratio and price-to-sales ratio are no longer relevant due to the company's financial distress. Growth considerations are also irrelevant, as the company is in the process of liquidating its assets. Any historical analyst ratings or price targets should be disregarded due to the fundamental change in the company's status.
What are the main risks for ASAPQ?
The primary risk for ASAPQ is the complete loss of investment due to the Chapter 7 liquidation. Investors are unlikely to recover any value from their shares, as the company's assets will be used to pay off creditors. Additional risks include potential legal challenges from creditors or shareholders, delisting from the OTC market, and a lack of transparency and financial disclosure. The bankruptcy proceedings create significant uncertainty and downside risk for investors.
What are the key factors to evaluate for ASAPQ?
Waitr Holdings Inc. (ASAPQ) currently holds an AI score of 39/100, indicating low score. Key strength: Established online ordering platform.. Primary risk to monitor: Ongoing: Complete loss of investment due to liquidation.. This is not financial advice.
How frequently does ASAPQ data refresh on this page?
ASAPQ prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven ASAPQ's recent stock price performance?
Recent price movement in Waitr Holdings Inc. (ASAPQ) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Established online ordering platform.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider ASAPQ overvalued or undervalued right now?
Determining whether Waitr Holdings Inc. (ASAPQ) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying ASAPQ?
Before investing in Waitr Holdings Inc. (ASAPQ), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available public data and news sources.
- The company has filed for Chapter 7 liquidation, significantly impacting its financial condition and future prospects.