See more : LiJiang YuLong Tourism Co., LTD. (002033.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of High Wire Networks, Inc. (HWNI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of High Wire Networks, Inc., a leading company in the Information Technology Services industry within the Technology sector.
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High Wire Networks, Inc. (HWNI)
Industry: Information Technology Services
Sector: Technology
Website: https://www.highwirenetworks.com
About High Wire Networks, Inc.
High Wire Networks, Inc. offers outsourced services to the wireless and wireline industry in Puerto Rico, Canada, and the United States. The company operates through two segments, Technology and High Wire. It provides engineering and installation services, staffing solutions, and other services, including consulting services to the telecommunications and technology industry, service providers, and enterprise customers. In addition, it engages in end-to-end protection for networks, data, endpoints, and users; and provision of fiber and DAS deployments for facilities and outdoor environments. Further, it offers network systems design, site acquisition services, asset audits, architectural and engineering services, program management, construction management and inspection, construction, installation, and maintenance and other technical services, as well as in-field design, computer-aided design, and drawing services. The company serves software and hardware original equipment manufacturers (OEMs), cable broadband multiple system operators, and telecommunications OEMs. High Wire Networks, Inc. is based in Boca Raton, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26.99M | 55.05M | 27.21M | 9.91M | 25.50M | 34.55M | 1.07M | 70.30K | 198.91K | 274.58K | 3.03K | 13.28K | 2.61K | 2.78K | 17.12K | 0.00 |
| Cost of Revenue | 29.39M | 41.49M | 19.01M | 4.95M | 25.81M | 29.10M | 820.50K | 0.00 | 0.00 | 0.00 | 2.50K | 10.24K | 2.24K | 0.00 | 63.95K | 197.56K |
| Gross Profit | -2.40M | 13.56M | 8.19M | 4.95M | -317.31K | 5.45M | 249.41K | 70.30K | 198.91K | 274.58K | 527.00 | 3.04K | 371.00 | 2.78K | -46.83K | -197.56K |
| Gross Profit Ratio | -8.88% | 24.62% | 30.11% | 50.00% | -1.24% | 15.77% | 23.31% | 100.00% | 100.00% | 100.00% | 17.41% | 22.91% | 14.24% | 100.00% | -273.58% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 698.57K | 396.28K | 428.67K | 11.60K | 0.00 | 0.00 | 169.03K | 82.43K |
| General & Administrative | 7.08M | 24.06M | 11.36M | 6.19M | 4.12M | 4.10M | 106.11K | 0.00 | 271.33K | 301.03K | 208.16K | 209.34K | 127.35K | 0.00 | 395.04K | 423.10K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | -947.10K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 7.08M | 24.06M | 11.36M | 6.19M | 3.17M | 4.10M | 106.11K | 0.00 | 271.33K | 301.03K | 208.16K | 209.34K | 127.35K | 0.00 | 395.04K | 423.10K |
| Other Expenses | 3.53M | 1.33M | -119.12K | 209.25K | 5.06M | 3.89M | 4.08M | 922.86K | 1.14M | 870.82K | 735.37K | 475.15K | 871.69K | 1.30M | 1.12M | 1.31M |
| Operating Expenses | 19.70M | 25.39M | 11.24M | 6.40M | 3.17M | 7.99M | 4.19M | 922.86K | 2.11M | 1.57M | 1.37M | 696.08K | 999.04K | 1.30M | 1.69M | 1.82M |
| Cost & Expenses | 40.00M | 66.88M | 30.26M | 11.35M | 28.99M | 37.09M | 5.01M | 922.86K | 2.11M | 1.57M | 1.37M | 706.32K | 1.00M | 1.30M | 1.75M | 2.02M |
| Interest Income | 0.00 | 1.03M | 837.97K | 167.52K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 3.57M | 4.54M | 1.32M | 167.52K | 3.25M | -1.12M | -211.45K | 0.00 | -41.18K | -44.17K | -43.46K | -32.53K | -29.32K | 0.00 | -15.53K | 0.00 |
| Depreciation & Amortization | 943.70K | 925.55K | 518.72K | 293.46K | 200.91K | 220.43K | 59.87K | 7.09K | 40.77K | 25.77K | 30.87K | 26.49K | 31.18K | 0.00 | 36.62K | 19.90K |
| EBITDA | -8.63M | -5.79M | -11.84M | -249.03K | -1.30M | -2.44M | -708.28K | -1.94M | -1.25M | -2.10M | -1.27M | -1.34M | -666.54K | -1.22M | -1.14M | -1.70M |
| EBITDA Ratio | -31.98% | -16.42% | -5.21% | -11.33% | -12.90% | -7.06% | -439.47% | -2,766.17% | -940.30% | -461.70% | -44,294.68% | -5,018.76% | -37,125.48% | -43,840.54% | -9,924.61% | 0.00% |
| Operating Income | -13.00M | -11.84M | -3.05M | -1.44M | -3.49M | -2.54M | -4.76M | -1.94M | -1.91M | -1.29M | -1.37M | -693.04K | -998.67K | -1.22M | -1.74M | -2.02M |
| Operating Income Ratio | -48.17% | -21.50% | -11.21% | -14.55% | -13.69% | -7.35% | -445.07% | -2,766.17% | -960.80% | -471.09% | -45,314.57% | -5,218.24% | -38,321.91% | -43,840.54% | -10,138.50% | 0.00% |
| Total Other Income/Expenses | -145.36K | 1.84M | -10.00M | 732.23K | -1.27M | 1.44M | -2.05M | 2.82M | -33.46K | 2.88K | 37.50K | 84.37K | 329.33K | 0.00 | 133.86K | 0.00 |
| Income Before Tax | -13.15M | -19.83M | -13.68M | -710.00K | -4.76M | -1.10M | -6.81M | -1.94M | -2.22M | -1.29M | -1.33M | -608.66K | -1.04M | -1.22M | 0.00 | -2.02M |
| Income Before Tax Ratio | -48.71% | -36.02% | -50.27% | -7.17% | -18.66% | -3.18% | -636.77% | -2,766.17% | -1,113.89% | -470.04% | -44,075.62% | -4,582.95% | -39,786.57% | -43,840.54% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 3.97M | 1.25M | 176.96K | 204.23K | -247.56K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -14.49M | -23.80M | -14.93M | -886.96K | -5.83M | -1.29M | -6.81M | -1.94M | -2.22M | -1.29M | -1.33M | -608.66K | -1.04M | -1.22M | 0.00 | -2.02M |
| Net Income Ratio | -53.67% | -43.23% | -54.88% | -8.95% | -22.88% | -3.74% | -636.77% | -2,766.17% | -1,113.89% | -470.04% | -44,075.62% | -4,582.95% | -39,786.57% | -43,840.54% | 0.00% | 0.00% |
| EPS | -0.06 | -0.35 | -0.78 | -0.07 | -48.88 | -0.41 | -0.06 | 0.00 | -0.03 | -0.02 | -0.03 | -0.01 | -0.03 | -0.04 | 0.00 | -0.10 |
| EPS Diluted | -0.06 | -0.35 | -0.78 | -0.07 | -48.88 | -0.41 | -0.06 | 0.00 | -0.03 | -0.02 | -0.03 | -0.01 | -0.03 | -0.04 | 0.00 | -0.10 |
| Weighted Avg Shares Out | 226.71M | 68.71M | 19.15M | 13.19M | 119.36K | 3.13M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 26.80M | 19.77M |
| Weighted Avg Shares Out (Dil) | 226.71M | 68.71M | 19.15M | 13.19M | 119.36K | 3.13M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 26.80M | 19.77M |
High Wire Networks Strengthens Sales and Marketing Team to Accelerate Growth in Overwatch Managed Cybersecurity Recurring Revenue Streams
After Posting Record Revenues from Continuing Operations in Q3 2024, Company Prepares for Strong Market Expansion and Growth Trajectory After Posting Record Revenues from Continuing Operations in Q3 2024, Company Prepares for Strong Market Expansion and Growth Trajectory
High Wire Reports Record Q3 2024 Results, Driven by Growth in Overwatch Managed Cybersecurity Business
BATAVIA, Ill., Nov. 22, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, reported results for continuing operations for the three months and nine months ended September 30, 2024. All comparisons are...
High Wire Networks Named to MSSP Alert's 2024 List of Top 250 MSSPs
Eighth Annual List Reveals Leading MSSP, MDR and MSP Security Companies Eighth Annual List Reveals Leading MSSP, MDR and MSP Security Companies
High Wire Networks Recognized as Top Cybersecurity Leader in Frost & Sullivan's 2024 Managed Security Services Report
High Wire Networks Receives Frost Radar™ Top 15 Ranking of Cybersecurity Companies in Growth and Innovation Categories High Wire Networks Receives Frost Radar™ Top 15 Ranking of Cybersecurity Companies in Growth and Innovation Categories
High Wire Networks Appoints Edward Vasko as COO
New Senior Leadership Expected to Drive Growth and Development of High Wire's Overwatch Managed Cybersecurity Services Division and Secure Voice Business Unit New Senior Leadership Expected to Drive Growth and Development of High Wire's Overwatch Managed Cybersecurity Services Division and...
High Wire Awarded Expanded Contract Renewal with National Luxury Automotive Group for Overwatch Managed Cybersecurity, Increasing Contract Value 5x
Annual Contract Renewal Provides 24/7 Managed XDR Services Across Multiple Upscale Dealerships Annual Contract Renewal Provides 24/7 Managed XDR Services Across Multiple Upscale Dealerships
High Wire Networks Appoints Edward Vasko as CEO and Mark Dallmeier as CRO of Overwatch
New Management Appointments to Accelerate Growth and Development of High Wire's Overwatch Managed Cybersecurity Services New Management Appointments to Accelerate Growth and Development of High Wire's Overwatch Managed Cybersecurity Services
High Wire Reports Q2 2024 Revenue up 14% to $1.9 Million; Net Income of $4.8 Million
BATAVIA, Ill., Aug. 23, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, reported results for continuing operations for the three months and six months ended June 30, 2024. All comparisons are to...
High Wire Networks Sells Technology Services Business Assets in All Cash Transaction to Become Pure-Play, AI-Powered Managed Cybersecurity Provider
Funds from Divesture to Accelerate Growth and Development of Company's Award-Winning Overwatch Managed Cybersecurity Business and its Higher Margin Recurring Revenue Streams Funds from Divesture to Accelerate Growth and Development of Company's Award-Winning Overwatch Managed Cybersecurity Business and its Higher...
High Wire Networks Appoints Veteran Cybersecurity Thought Leader and Executive, Edward Vasko, as Strategic Advisor
Vasko to Help Accelerate Growth and Development of High Wire's Overwatch Managed Cybersecurity Services Vasko to Help Accelerate Growth and Development of High Wire's Overwatch Managed Cybersecurity Services
Source: https://incomestatements.info
Category: Stock Reports