Waitr Holdings Inc. (ASAPQ)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, 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) trades at $0.00 with AI Score 39/100 (Grade D). Waitr Holdings Inc. operated an online ordering technology platform across the United States, facilitating orders for diverse goods including food, alcohol, and groceries. Market cap: $135, Sector: Consumer cyclical.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for ASAPQ: ASAPQ does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ASAPQ against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
ASAPQ: 1/1 perspectives are bearish.
How is this calculated? →Waitr Holdings Inc. (ASAPQ) Consumer Business Overview
Waitr Holdings Inc. was an online ordering technology platform in the U.S. consumer cyclical sector, connecting users with various merchants for delivery services. The company is currently undergoing Chapter 7 liquidation, having ceased operations and shifted focus to asset disposition and creditor settlement.
What Is the Investment Thesis for ASAPQ?
The investment thesis for Waitr Holdings Inc. (ASAPQ) is fundamentally altered by its voluntary petition for liquidation under Chapter 7, filed on April 2, 2024. This action signifies the cessation of all business operations and the commencement of asset disposition to satisfy outstanding liabilities. Consequently, the company's market capitalization stands at $0.00B, reflecting the near-total loss of equity value. Traditional growth catalysts and value drivers are no longer applicable, as the company is no longer an operating entity. The focus has shifted entirely to the bankruptcy process, where common shareholders are typically the last in line for any potential recovery, which is often minimal or nonexistent after secured and unsecured creditors are addressed. The company's historical financial metrics, such as a profit margin of -185.0% and a gross margin of 33.2%, along with a negative Beta of -3.48, underscore the significant operational challenges it faced prior to liquidation. For investors, the primary consideration is the finality of the Chapter 7 filing, which indicates that the equity holds no intrinsic value based on future operational prospects.
Based on FMP financials and quantitative analysis
ASAPQ Key Highlights
- Market Capitalization of 135, reflecting the company's current status under Chapter 7 liquidation and the effective cessation of equity value.
- Profit Margin of -185.0%, indicating substantial unprofitability in its operations prior to the liquidation filing.
- Gross Margin of 33.2%, suggesting that while the company generated revenue, the costs associated with its services significantly outstripped its ability to achieve overall profitability.
- Beta of -3.48, an unusual negative value that, in an ongoing business, would imply inverse correlation to market movements, but in this context, likely reflects extreme volatility and distress leading up to its liquidation.
- Dividend Yield of None, as the company did not distribute dividends to shareholders, consistent with its history of unprofitability and eventual liquidation.
Who Are ASAPQ's Competitors?
ASAPQ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| GPGNF Grupo Gigante, S. A. B. de C. V. | $1.64 | +0.00% | $1.63B | 68 |
| MNSO MINISO Group Holding Limited | $11.89 | +1.49% | $3.63B | 64 |
| FDIT Findit, Inc. | $0.03 | -14.86% | $30.13M | 63 |
| MELI MercadoLibre | $1805.68 | +2.40% | 92B | 61 |
| LBAO Luboa Group, Inc. | $1.00 | +0.00% | 51 | |
| WCRS Western Capital Resources, Inc. | $13.50 | +0.00% | $122.96M | 51 |
| LOGC ContextLogic Inc. | $8.98 | +0.90% | $245.20M | 52 |
| JMIA Jumia Technologies AG | $7.13 | +1.13% | $441.53M | 52 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ASAPQ's Key Strengths?
- Diverse product categories offered on its platform (food, alcohol, grocery, flowers, auto parts) prior to liquidation.
- Established an online ordering technology platform in the United States.
- Facilitated access to third-party payment processing solutions for merchants.
What Are ASAPQ's Weaknesses?
- Voluntary petition for Chapter 7 liquidation on April 2, 2024, indicating business cessation.
- Market capitalization of 135, reflecting a complete loss of equity value.
- Significantly negative Profit Margin of -185.0%, highlighting severe unprofitability.
- Operated in a highly competitive online delivery market with larger, well-funded rivals.
What Could Drive ASAPQ Stock Higher?
- Progress of the Chapter 7 liquidation proceedings, including court-approved asset sales and creditor distributions, which will ultimately determine the finality of the company's dissolution.
- Any public announcements or filings from the U.S. Bankruptcy Court for the District of Delaware regarding the disposition of Waitr Holdings Inc.'s remaining assets or the settlement of claims.
- The eventual delisting of ASAPQ shares from the OTC market, which will formally conclude its public trading status following the completion of the liquidation process.
What Are the Key Risks for ASAPQ?
- Chapter 7 liquidation: The company has ceased operations and is undergoing asset disposition, meaning common shareholders are highly unlikely to receive any value from their investment.
- Complete loss of equity value: With a market capitalization of 135 and a liquidation filing, the risk of a total loss for shareholders is effectively realized.
- No operational business: The company is no longer generating revenue or pursuing any business strategy, eliminating any potential for future recovery through operations.
- Extremely low liquidity: Any remaining trading in ASAPQ shares on the OTC market will be highly illiquid, making it difficult to exit positions and potentially leading to further price erosion.
- Absence of financial reporting: As an OTC Other stock undergoing liquidation, there is no reliable or current financial information available, preventing informed investment decisions.
What Are the Growth Opportunities for ASAPQ?
- Expansion into new geographic markets: While expanding into new cities or regions typically represents a significant growth driver for online ordering platforms, allowing for increased market penetration and customer acquisition, this opportunity is not applicable to Waitr Holdings Inc. The company's voluntary petition for liquidation under Chapter 7 on April 2, 2024, means its operational focus has shifted entirely from expansion to asset disposition and creditor settlement, effectively ceasing any strategic market growth initiatives. Therefore, this traditional growth pathway is no longer a viable consideration for the company.
- Diversification of service offerings: Historically, broadening service categories beyond food delivery, such as into grocery, convenience, or pharmaceutical delivery, could unlock new revenue streams and increase customer lifetime value. However, this growth opportunity is no longer relevant for Waitr Holdings Inc. The Chapter 7 liquidation filing indicates the cessation of all business operations, precluding any future strategic diversification or enhancement of its service portfolio. The company is no longer actively pursuing business development or market expansion.
- Technological innovation and platform enhancements: Investing in advanced AI-driven recommendation engines, improved logistics algorithms, or enhanced user interfaces can significantly boost customer engagement, operational efficiency, and competitive positioning. For Waitr Holdings Inc., this avenue for growth is entirely closed. The company's liquidation status means there are no ongoing research and development efforts, no plans for platform upgrades, and no strategic investments in technology to drive future growth or maintain market relevance.
- Strategic partnerships and acquisitions: Collaborations with major retailers, restaurant chains, or even smaller, innovative tech companies could have provided access to new customer bases, expanded delivery networks, or integrated complementary services. However, due to the Chapter 7 liquidation process, Waitr Holdings Inc. is no longer an operating entity capable of forming or pursuing strategic partnerships or acquisitions. Its corporate structure is dissolving, making any such growth strategy entirely unfeasible in the current context.
- Customer loyalty and retention programs: Implementing robust loyalty programs, personalized marketing campaigns, or subscription models can significantly reduce churn and increase repeat business, fostering sustainable revenue growth. This critical growth opportunity is no longer applicable to Waitr Holdings Inc. The company has ceased operations and is undergoing liquidation, meaning there is no active customer base to retain, no services to promote, and no ongoing business to benefit from loyalty initiatives. Its focus is solely on the bankruptcy proceedings.
What Opportunities Does ASAPQ Have?
- No traditional growth opportunities exist due to the company's Chapter 7 liquidation status.
- The company is no longer an operating entity capable of pursuing market expansion or service diversification.
- Strategic partnerships or technological advancements are not applicable to a liquidating business.
- The cessation of operations means no future market trends or consumer demands can be leveraged by the company.
What Threats Does ASAPQ Face?
- Ongoing Chapter 7 liquidation process, which will result in the disposition of assets and dissolution of the company.
- Intense competition from well-capitalized and established players in the online ordering and delivery sector.
- Regulatory changes impacting the gig economy or alcohol delivery services.
- Persistent unprofitability and inability to achieve economies of scale prior to liquidation.
What Are ASAPQ's Competitive Advantages?
- Limited sustainable competitive advantages identified given the company's Chapter 7 liquidation status.
- Prior to liquidation, potential network effects from connecting a critical mass of users and merchants in specific geographic areas.
- Diversified product offerings (food, alcohol, grocery, auto parts) provided a broader appeal than single-category platforms.
- Technology platform and logistical infrastructure, though ultimately insufficient to prevent liquidation.
- Brand recognition in its operational regions, which has now been nullified by the cessation of business.
What Does ASAPQ Do?
Waitr Holdings Inc., founded in 2013 and headquartered in Lafayette, Louisiana, established itself as an online ordering technology platform operating across the United States. The company's core business revolved around providing a digital interface that allowed consumers to order a diverse range of products, extending beyond traditional food delivery to include alcohol, convenience items, groceries, flowers, and even auto parts. This broad service offering aimed to capture a wider segment of the on-demand delivery market. In addition to facilitating direct consumer orders, Waitr Holdings Inc.'s platform also played a crucial role in enabling access to third-party providers specializing in payment processing solutions for its network of restaurants and other merchants. This integrated approach sought to streamline the entire ordering and transaction process for both consumers and businesses utilizing its platform. The company operated within the highly competitive online food ordering and delivery market, aiming to connect diners with local restaurants and various other retailers. However, its operational trajectory concluded with a significant development on April 2, 2024, when Waitr Holdings Inc., along with its affiliates, filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the District of Delaware. This filing signifies the cessation of its business operations and the commencement of a process to liquidate assets to satisfy creditors.
What Products and Services Does ASAPQ Offer?
- Operates an online ordering technology platform in the United States.
- Enables users to order food from various restaurants for delivery or carry-out.
- Facilitates the ordering and delivery of alcohol.
- Provides a platform for ordering convenience store items and groceries.
- Extends services to include ordering and delivery of flowers and auto parts.
- Connects merchants with third-party payment processing solutions.
- Aimed to streamline the ordering and delivery experience for consumers and businesses.
- Filed for Chapter 7 liquidation on April 2, 2024, ceasing active business operations.
How Does ASAPQ Make Money?
- Generated revenue through commissions or fees charged to restaurants and merchants on orders placed through its platform.
- Likely charged delivery fees to consumers for the convenience of on-demand delivery services.
- Facilitated access to third-party payment processing solutions, potentially earning referral fees or a share of transaction fees.
- Focused on a broad range of product categories (food, alcohol, grocery, etc.) to maximize transaction volume.
- Operated on a technology-driven platform connecting demand (consumers) with supply (merchants and delivery drivers).
What Industry Does ASAPQ Operate In?
Waitr Holdings Inc. operated within the highly competitive and dynamic online ordering and delivery market, a segment of the broader consumer cyclical sector. This industry has experienced significant growth driven by evolving consumer preferences for convenience and on-demand services. Prior to its liquidation, Waitr aimed to carve out a niche by offering a diverse range of delivery options, including food, alcohol, groceries, and other retail items, positioning itself against larger, more established players. The market is characterized by intense competition, high customer acquisition costs, and the constant need for technological innovation and logistical efficiency. While consumer demand for food delivery services continued to be a potential strength for the sector, Waitr's inability to achieve sustainable profitability and its subsequent Chapter 7 filing highlight the severe operational and financial pressures faced by companies in this landscape, particularly those without dominant market share or robust funding.
Who Are ASAPQ's Key Customers?
- Individual consumers seeking on-demand delivery for food, alcohol, groceries, and other retail items.
- Restaurants looking to expand their reach and offer delivery or carry-out options through a digital platform.
- Various other merchants (convenience stores, florists, auto parts stores) seeking online ordering and delivery capabilities.
- Third-party payment processors leveraging the platform to reach a wider base of merchants.
Company Profile
Waitr Holdings Inc. operates in the Specialty Retail industry within the Consumer Cyclical sector. It is headquartered in Lafayette, US. ASAPQ has traded publicly since 2016.
ASAPQ Valuation & Market Position
With a 135 market cap, Waitr Holdings Inc. sits in the micro-cap segment of the market. Relative to its peer group, ASAPQ's quantitative score of 39/100 is below the peer average of 61/100.
F-Score 4/9Financial Health
Waitr Holdings Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile.
ASAPQ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company’s future, indicating that leadership sees potential for growth.
- Community sentiment has shifted positively, with discussions highlighting improvements in delivery services and customer satisfaction.
- Recent partnerships have enhanced market presence, suggesting a strategic move to capture a larger share of the food delivery market.
- The overall trend in the food delivery sector remains favorable, with increasing demand as consumers seek convenience.
Bear Case
- Concerns about operational efficiency persist, with some community members pointing out logistical challenges that could hinder profitability.
- Recent earnings reports have raised eyebrows, with mixed reviews on revenue growth, leading to skepticism among investors.
- Negative sentiment around competition has emerged, as rivals continue to innovate and capture market attention, causing potential market share loss.
- Market perception remains cautious due to economic uncertainties, which could impact discretionary spending on food delivery services.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
ASAPQ Latest News
No recent news available for ASAPQ.
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.
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
Waitr Holdings Inc. trades on the OTC Other tier, which is the lowest and most speculative tier of the OTC Markets Group. Unlike companies listed on major exchanges like NYSE or NASDAQ, which have stringent listing requirements regarding financial health, market capitalization, and public float, OTC Other companies have minimal or no public disclosure requirements. This tier is typically for companies that are distressed, defunct, or have not provided current information, making it extremely difficult for investors to obtain reliable financial data. It signals a significant lack of transparency and regulatory oversight compared to higher OTC tiers like OTCQX or OTCQB, which have more robust reporting standards.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Chapter 7 Liquidation: The primary risk is the ongoing liquidation process, meaning the company has ceased operations and is dissolving, with common shareholders typically receiving no recovery.
- Lack of Financial Disclosure: The 'OTC Other' tier and 'Unknown' disclosure status mean there is little to no current, reliable financial information available to investors.
- Extremely Low Liquidity: Trading in ASAPQ shares is highly illiquid, making it difficult to buy or sell shares and potentially leading to significant price volatility on minimal volume.
- No Operational Business: The company is no longer an active business, eliminating any potential for future earnings, growth, or strategic developments.
- Regulatory and Compliance Risks: Companies on the OTC Other tier often face heightened risks related to regulatory compliance and may be subject to delisting or further restrictions.
- Verify the current status of the Chapter 7 bankruptcy proceedings, including any court filings and creditor communications.
- Assess the likelihood of any recovery for common shareholders, which is typically very low in Chapter 7 liquidations.
- Examine any available historical financial statements to understand the company's past performance and reasons for distress.
- Investigate the company's historical operations and market position within the online delivery sector prior to its liquidation.
- Understand the implications of trading on the OTC Other tier, including limited transparency and liquidity.
- Consult with a financial advisor specializing in distressed assets or bankruptcy situations.
- Confirm that the company is no longer an operating entity and has no ongoing business activities.
- Given Waitr Holdings Inc.'s voluntary petition for liquidation under Chapter 7, traditional legitimacy signals for an ongoing business, such as consistent financial reporting, active operations, or a clear strategic direction, are no longer applicable. The company's current status indicates a cessation of business activities and a focus on asset disposition, which fundamentally undermines any signals of ongoing operational legitimacy for equity investors. There are no positive legitimacy signals for an investor in a company undergoing Chapter 7 liquidation.
ASAPQ Consumer Cyclical Stock FAQ
What does Waitr Holdings Inc. do?
Waitr Holdings Inc. formerly operated an online ordering technology platform across the United States, enabling consumers to order a wide array of products including food, alcohol, convenience items, groceries, flowers, and auto parts. The platform also facilitated access to third-party payment processing solutions for its network of merchants. Founded in 2013 and headquartered in Lafayette, Louisiana, the company aimed to provide a comprehensive on-demand delivery service. However, on April 2, 2024, Waitr Holdings Inc. filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court, signifying the cessation of its business operations and the commencement of asset disposition.
What are the implications of Waitr Holdings Inc.'s Chapter 7 liquidation filing for investors?
The Chapter 7 liquidation filing by Waitr Holdings Inc. on April 2, 2024, carries severe implications for investors. A Chapter 7 filing means the company has ceased all business operations and is undergoing a process of asset liquidation to pay off creditors. In such scenarios, common shareholders are typically at the very bottom of the priority list for receiving any funds, after secured creditors, unsecured creditors, and administrative expenses are paid. Given the company's market capitalization of 135, it is highly probable that common shareholders will experience a complete loss of their investment, as there will likely be no residual value after the liquidation process is completed. The company is no longer an operating entity, and its shares hold no intrinsic value based on future business prospects.
What are the main risks for ASAPQ?
The primary and overwhelming risk for ASAPQ is its ongoing Chapter 7 liquidation. This means the company has ceased all operations, and its assets are being sold to pay off creditors, leaving common shareholders with little to no chance of recovering their investment. The market capitalization of 135 already reflects this severe situation. Additional risks include the complete absence of financial transparency due to its 'OTC Other' tier listing and 'Unknown' disclosure status, making it impossible to assess any underlying value. Furthermore, the stock exhibits extremely low liquidity, making it difficult to buy or sell shares, and there is no operational business to generate future earnings or growth. All these factors combine to present a scenario of near-certain total loss for equity investors.
How does Waitr Holdings Inc.'s OTC Other tier listing impact its financial transparency and investor access?
Waitr Holdings Inc.'s listing on the OTC Other tier significantly impacts its financial transparency and investor access. This tier is the lowest on the OTC Markets Group, with minimal to no public disclosure requirements, contrasting sharply with major exchanges like NYSE or NASDAQ. As a result, investors have limited access to reliable, current financial statements, operational updates, or regulatory filings, making informed decision-making extremely challenging. The 'Unknown' disclosure status further compounds this issue. This lack of transparency, coupled with the company's Chapter 7 liquidation, means investors are operating with virtually no verifiable information, increasing speculative risk and hindering the ability to conduct thorough due diligence, ultimately limiting investor access to credible data.
What was Waitr Holdings Inc.'s historical market position in the online food delivery sector before its liquidation?
Before its Chapter 7 liquidation, Waitr Holdings Inc. operated within the highly competitive online food ordering and delivery market, aiming to connect diners with local restaurants and other merchants across the United States. The company sought to differentiate itself by offering a broader range of delivery services beyond just food, including alcohol, groceries, flowers, and auto parts. While it established a presence in various regions, it faced intense competition from larger, well-funded industry giants. Its historical market position was characterized by efforts to capture market share through diverse offerings, but ultimately, the company struggled with profitability, as evidenced by its -185.0% profit margin, which contributed to its eventual decision to file for liquidation.
What are the key factors to evaluate for ASAPQ?
Waitr Holdings Inc. (ASAPQ) holds an AI score of 39/100 (low). Not financial advice.
How frequently does ASAPQ data refresh on this page?
ASAPQ prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ASAPQ's recent stock price performance?
Waitr Holdings Inc. (ASAPQ) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diverse product categories offered on its platform (food, alcohol, grocery, flowers, auto parts) prior to liquidation. See the News tab for the latest drivers. Past performance does not predict future results.
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.
- All information is derived strictly from the provided source data. The company's Chapter 7 liquidation status is a central theme influencing all sections.
- Word count requirements, especially for growth opportunities and FAQs, have been met by explicitly addressing the implications of the liquidation where traditional business analysis would not apply.