See more : 24Storage AB (publ) (24STOR.ST) 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 Joins Forces with Exclusive Networks to Offer Advanced Managed Cybersecurity Services
Combination with Exclusive Networks Delivers Enhanced Capabilities for Managed Endpoint Detection and Response Combination with Exclusive Networks Delivers Enhanced Capabilities for Managed Endpoint Detection and Response
High Wire Networks Enters into $5 Million Securities Purchase Agreement
BATAVIA, Ill., Sept. 29, 2023 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI) (“High Wire” or the “Company”), a leading global provider of managed cybersecurity and technology enablement, has entered into a securities purchase agreement (the “Agreement”) through which the...
High Wire Networks Named to MSSP Alert's 2023 List of Top 250 MSSPs
Seventh Annual List Reveals Leading MSSP, MDR and MSP Security Companies Expect Strong Revenue Growth in 2023 vs. 2022 Seventh Annual List Reveals Leading MSSP, MDR and MSP Security Companies Expect Strong Revenue Growth in 2023 vs. 2022
High Wire Networks to Present at National Investment Banking Association Conference, September 6-7, 2023
BATAVIA, Ill., Aug. 29, 2023 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has been invited to present at the National Investment Banking Association (NIBA) Conference being held at The...
High Wire Reports Revenue of $16.1 Million in First Half of 2023, with Monthly Recurring Revenue Reaching Record $1 Million
2023 Guidance Remains on Track for Revenue up 59%-74% to $43 million-$47 million, Driving Positive Operating Income, Cash Flow and Adjusted EBITDA 2023 Guidance Remains on Track for Revenue up 59%-74% to $43 million-$47 million, Driving Positive Operating Income, Cash...
High Wire Networks Awarded $1 Million IT Project as First Phase of Wi-Fi Upgrade for Fortune 200 Department Store Chain
Initial 100 Stores Undergoing Technology Upgrades to Improve Mobile Wi-Fi Access and Enhance Customer Shopping Experience Initial 100 Stores Undergoing Technology Upgrades to Improve Mobile Wi-Fi Access and Enhance Customer Shopping Experience
High Wire Networks CMO, Susanna Song, Named to CRN 2023 Inclusive Channel Leaders List
BATAVIA, Ill., July 25, 2023 (GLOBE NEWSWIRE) -- High Wire Networks Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, announced its chief marketing officer, Susanna Song, was named to the inaugural 2023 Inclusive Channel Leaders...
High Wire Networks Introduces Next-Gen, Industry-Disruptive Cybersecurity Technology Utilizing New Overwatch Universal Secure Enterprise Browser Extension
BATAVIA, Ill., July 17, 2023 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has introduced the next generation of cybersecurity technology featuring greater protection at the edge, better user experience,...
High Wire Networks to Unveil Next-Generation, Industry-Disruptive Cybersecurity Technology on July 17, 2023
Company to Host Virtual Product Launch Event at 11:00 a.m. ET on Monday, July 17, 2023 Company to Host Virtual Product Launch Event at 11:00 a.m. ET on Monday, July 17, 2023
High Wire Networks Appoints Cybersecurity Technology Trailblazer and Patent Inventor, John Peterson, as Chief Product Officer
Key Appointment Marks Beginning of High Wire's Evolution from a Managed Security Services Provider to IP-Driven Cybersecurity Technology Leader Key Appointment Marks Beginning of High Wire's Evolution from a Managed Security Services Provider to IP-Driven Cybersecurity Technology Leader
Source: https://incomestatements.info
Category: Stock Reports