Wireless Telecom Group, Inc. (WTT) Income Statement Analysis

See more : The Lakshmi Vilas Bank Limited (LAKSHVILAS.NS) Income Statement Analysis – Financial Results

Complete financial analysis of Wireless Telecom Group, Inc. (WTT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Wireless Telecom Group, Inc., a leading company in the Communication Equipment industry within the Technology sector.

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Wireless Telecom Group, Inc. (WTT)

Industry: Communication Equipment

Sector: Technology

Website: https://wirelesstelecomgroup.com

About Wireless Telecom Group, Inc.

Wireless Telecom Group, Inc., together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave devices in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company also engages in development, testing, and deployment of wireless technology. In addition, it offers power meters and sensors, voltmeters, and audio and modulation analyzers for radar, avionics, electronic warfare, electromagnetic interference compatibility, and satellite and wireless communications applications; and noise generation instruments, calibrated noise sources, noise modules, and diodes. Further, the company provides phase noise analyzers and signal generators; embedded signal processing and radio frequency modules; and long-term evolution physical layer and stack software for mobile network and related applications. It serves wireless carriers, aerospace and defense companies, military and government agencies, satellite communication companies, network equipment manufacturers, semiconductor companies, system integrators, tower companies, neutral host providers, medical device manufacturers, and other technology companies. The company markets its products under the Boonton, Noisecom, Holzworth, and CommAgility brands through its in-house sales force, manufacturers' representatives, and distributors. Wireless Telecom Group, Inc. was incorporated in 1985 and is headquartered in Parsippany, New Jersey.

Metric	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990
Revenue	22.37M	49.25M	41.75M	48.92M	52.79M	46.08M	31.33M	33.11M	40.34M	33.83M	29.59M	26.82M	24.56M	22.83M	51.03M	56.60M	53.76M	38.77M	22.11M	19.72M	20.75M	19.04M	18.45M	6.85M	6.80M	27.30M	22.50M	16.00M	8.60M	5.00M	4.00M	4.40M	3.20M
Cost of Revenue	9.53M	24.16M	20.78M	26.63M	28.62M	26.82M	18.16M	18.28M	21.29M	17.70M	14.82M	14.36M	13.01M	12.20M	26.50M	25.06M	24.49M	17.88M	10.32M	9.46M	10.86M	8.68M	14.89M	1.75M	2.30M	7.80M	5.60M	4.10M	2.70M	2.10M	1.50M	2.40M	0.00
Gross Profit	12.83M	25.09M	20.97M	22.29M	24.17M	19.26M	13.16M	14.83M	19.04M	16.13M	14.78M	12.47M	11.56M	10.63M	24.53M	31.54M	29.27M	20.89M	11.78M	10.26M	9.88M	10.37M	3.56M	5.09M	4.50M	19.50M	16.90M	11.90M	5.90M	2.90M	2.50M	2.00M	3.20M
Gross Profit Ratio	57.37%	50.94%	50.22%	45.56%	45.78%	41.80%	42.01%	44.78%	47.21%	47.68%	49.93%	46.48%	47.04%	46.56%	48.08%	55.72%	54.44%	53.87%	53.31%	52.01%	47.64%	54.44%	19.28%	74.38%	66.18%	71.43%	75.11%	74.38%	68.60%	58.00%	62.50%	45.45%	100.00%
Research & Development	1.79M	5.55M	6.39M	5.92M	4.91M	4.40M	4.05M	3.96M	3.38M	2.65M	2.52M	2.26M	2.17M	2.07M	7.29M	8.76M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	9.64M	11.87M	9.91M	10.17M	10.31M	11.10M	6.47M	4.96M	5.50M	6.43M	4.89M	3.86M	4.22M	5.33M	8.66M	7.30B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	4.05M	7.17M	6.96M	7.68M	7.60M	6.96M	5.20M	5.16M	5.49M	4.86M	4.60M	4.50M	4.36M	4.16M	10.98M	12.32B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	13.68M	19.04M	16.86M	17.85M	17.90M	18.06M	11.66M	10.12M	10.98M	11.29M	9.50M	8.36M	8.58M	9.49M	19.64M	19.62M	25.08M	16.53M	9.46M	8.13M	7.18M	5.60M	0.00	2.38M	2.70M	7.10M	5.40M	4.10M	2.40M	1.60M	1.20M	1.00M	0.00
Other Expenses	374.00K	70.00K	187.00K	-2.00K	-121.00K	-5.00K	363.85K	-24.42K	-90.13K	484.97K	224.61K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses	15.48M	24.59M	23.25M	23.77M	22.81M	22.46M	15.71M	14.08M	14.36M	13.93M	12.02M	10.62M	10.75M	11.55M	26.93M	28.37M	25.08M	16.53M	9.46M	8.13M	7.18M	5.60M	489.81K	2.65M	3.20M	7.40M	5.60M	4.20M	2.50M	1.70M	1.30M	1.10M	0.00
Cost & Expenses	25.01M	48.75M	44.03M	50.40M	51.43M	49.28M	33.87M	32.36M	35.66M	31.63M	26.84M	24.97M	23.76M	23.75M	53.43M	53.44M	49.58M	34.41M	19.78M	17.59M	18.05M	14.27M	15.38M	4.41M	5.50M	15.20M	11.20M	8.30M	5.20M	3.80M	2.80M	3.50M	0.00
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.44K	22.66K	45.87K	200.68K	319.78K	339.07K	281.80K	418.02K	441.50K	0.00	542.89K	979.20K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	130.00K	1.14M	985.00K	305.00K	575.00K	296.00K	0.00	0.00	0.00	114.19K	201.19K	207.19K	212.15K	277.04K	221.02K	224.98M	228.65M	232.05M	235.21M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	1.77M	2.15M	2.24M	2.15M	2.31M	1.75M	503.06K	458.63K	370.27K	344.58K	351.36K	473.46K	635.61K	911.20K	1.87M	1.89M	1.97M	1.50M	491.26K	497.60K	592.61K	539.74K	489.81K	266.65K	500.00K	300.00K	200.00K	100.00K	100.00K	100.00K	100.00K	100.00K	0.00
EBITDA	-871.00K	2.72M	141.00K	670.00K	3.54M	-1.46M	-2.55M	1.21M	5.05M	3.03M	3.33M	2.33M	1.46M	33.12K	-326.23K	4.17M	6.04M	5.69M	2.70M	2.63M	3.29M	7.34M	4.24M	2.71M	1.40M	12.00M	11.10M	7.40M	3.30M	1.10M	1.10M	1.00M	3.20M
EBITDA Ratio	-3.89%	5.53%	0.34%	1.37%	6.71%	-3.16%	-8.13%	3.64%	12.52%	8.94%	11.26%	8.67%	5.96%	0.15%	-0.64%	7.36%	11.24%	14.68%	12.20%	13.34%	15.86%	38.55%	22.99%	39.56%	20.59%	43.96%	49.33%	46.25%	38.37%	22.00%	27.50%	22.73%	100.00%
Operating Income	-2.64M	569.00K	-2.10M	-1.48M	779.00K	-2.95M	-2.55M	747.04K	4.68M	2.20M	2.76M	1.85M	805.52K	-923.95K	-35.53M	3.16M	4.19M	4.36M	2.32M	2.13M	2.70M	4.77M	3.07M	2.44M	1.30M	12.10M	11.30M	7.70M	3.40M	1.20M	1.20M	900.00K	3.20M
Operating Income Ratio	-11.81%	1.16%	-5.02%	-3.03%	1.48%	-6.39%	-8.13%	2.26%	11.60%	6.49%	9.32%	6.90%	3.28%	-4.05%	-69.63%	5.59%	7.79%	11.24%	10.50%	10.82%	13.01%	25.04%	16.62%	35.66%	19.12%	44.32%	50.22%	48.13%	39.53%	24.00%	30.00%	20.45%	100.00%
Total Other Income/Expenses	-731.00K	972.00K	-6.61M	-307.00K	-696.00K	-48.00K	363.85K	-24.42K	-90.13K	370.78K	23.42K	0.00	117.65K	17.42K	2.48K	978.95K	225.12K	222.73K	299.41K	441.50K	-108.15K	-1.49M	295.35K	1.24M	500.00K	300.00K	400.00K	500.00K	200.00K	300.00K	100.00K	0.00	0.00
Income Before Tax	-3.19M	827.00K	-8.90M	-1.79M	83.00K	-3.25M	-2.18M	722.62K	4.59M	2.57M	2.78M	1.99M	923.17K	-906.53K	-35.53M	4.14M	4.41M	4.58M	2.62M	2.58M	2.59M	3.28M	3.36M	3.68M	1.80M	12.40M	11.70M	8.20M	3.60M	1.50M	1.30M	900.00K	0.00
Income Before Tax Ratio	-14.26%	1.68%	-21.31%	-3.65%	0.16%	-7.04%	-6.97%	2.18%	11.38%	7.59%	9.40%	7.42%	3.76%	-3.97%	-69.62%	7.32%	8.21%	11.82%	11.86%	13.06%	12.49%	17.22%	18.23%	53.78%	26.47%	45.42%	52.00%	51.25%	41.86%	30.00%	32.50%	20.45%	0.00%
Income Tax Expense	-731.00K	-673.00K	-809.00K	-1.37M	48.00K	1.25M	-352.23K	345.94K	2.16M	-1.28M	-389.76K	-438.52K	-91.87K	-6.37M	-4.26M	684.98K	888.41K	1.04M	289.40K	812.58K	823.15K	2.06M	1.23M	1.26M	300.00K	4.50M	4.20M	3.10M	1.40M	600.00K	500.00K	100.00K	0.00
Net Income	-2.46M	1.50M	-8.09M	-414.00K	35.00K	-4.49M	-1.83M	376.68K	2.42M	3.84M	3.17M	2.43M	-727.81K	2.03M	-31.27M	3.46M	3.52M	3.54M	2.33M	1.76M	1.77M	1.22M	2.13M	6.64M	1.30M	7.90M	7.50M	5.10M	2.20M	900.00K	900.00K	800.00K	0.00
Net Income Ratio	-10.99%	3.05%	-19.37%	-0.85%	0.07%	-9.75%	-5.85%	1.14%	6.01%	11.36%	10.71%	9.06%	-2.96%	8.90%	-61.27%	6.11%	6.55%	9.14%	10.55%	8.94%	8.52%	6.39%	11.55%	96.93%	19.12%	28.94%	33.33%	31.88%	25.58%	18.00%	22.50%	18.18%	0.00%
EPS	-0.11	0.07	-0.37	-0.02	0.00	-0.22	-0.10	0.02	0.12	0.16	0.13	0.10	-0.03	0.08	-1.22	0.13	0.14	0.16	0.14	0.10	0.10	0.07	0.11	0.32	0.07	0.46	0.43	0.29	0.14	0.06	0.06	0.06	0.04
EPS Diluted	-0.11	0.06	-0.37	-0.02	0.00	-0.22	-0.10	0.02	0.11	0.16	0.13	0.10	-0.03	0.08	-1.22	0.13	0.14	0.16	0.13	0.10	0.10	0.07	0.11	0.32	0.07	0.46	0.42	0.29	0.13	0.06	0.06	0.06	0.04
Weighted Avg Shares Out	21.70M	24.30M	21.66M	21.11M	20.86M	19.98M	18.46M	19.34M	20.45M	23.94M	24.26M	24.96M	25.66M	25.66M	25.71M	25.90M	25.82M	21.56M	17.19M	16.90M	17.08M	17.75M	19.16M	19.23M	18.31M	17.17M	17.21M	17.59M	15.71M	15.00M	15.00M	13.33M	9.00M
Weighted Avg Shares Out (Dil)	22.54M	24.30M	21.66M	21.11M	21.57M	19.98M	19.17M	20.32M	21.80M	24.53M	24.63M	25.14M	25.69M	25.66M	25.71M	26.01M	25.92M	21.70M	17.58M	17.11M	17.34M	18.05M	19.72M	19.33M	18.31M	17.17M	17.62M	17.59M	16.92M	15.00M	15.00M	13.33M	9.00M

Microlab Passive Components Selected by BMC Otomotiv to Support the Development of Advanced Military Vehicles

April 20, 2021globenewswire.com

Parsippany, New Jersey, USA, April 20, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group company (NYSE American: WTT), announced today that passive components from its Microlab brand were selected by BMC Otomotiv, a leading commercial and defense technology and vehicle manufacturer, to...

Wireless Telecom Group Adds C. Scott Gibson to Board of Directors as Vice Chairman

April 5, 2021globenewswire.com

Parsippany, New Jersey, USA, April 05, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT ), (the “Company”) announced today the appointment of C. Scott Gibson to serve as an independent member and Vice Chairman of its Board...

Wireless Telecom Group, Inc. (WTT) CEO Tim Whelan on Q4 2020 Results - Earnings Call Transcript

March 19, 2021seekingalpha.com

Wireless Telecom Group, Inc. (WTT) CEO Tim Whelan on Q4 2020 Results - Earnings Call Transcript

Wireless Telecom Group, Inc. (WTT) Beats Q4 Earnings Estimates

March 19, 2021zacks.com

Wireless Telecom Group, Inc. (WTT) delivered earnings and revenue surprises of 160.00% and -0.45%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

WIRELESS TELECOM GROUP ANNOUNCES FOURTH QUARTER AND YEAR-END 2020 FINANCIAL RESULTS

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Highlights for the year ended December 31, 2020:

Earnings Preview: Wireless Telecom Group, Inc. (WTT) Q4 Earnings Expected to Decline

March 12, 2021zacks.com

Wireless Telecom Group, Inc. (WTT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WIRELESS TELECOM GROUP ANNOUNCES 4th QUARTER and FISCAL YEAR 2020 FINANCIAL RESULTS WILL BE RELEASED MARCH 19, 2021

March 9, 2021globenewswire.com

Parsippany, New Jersey, USA, March 09, 2021 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT ), a leader in wireless communications and radio frequency instrumentation, announced it will release its 4th quarter and fiscal year 2020 financial results...

Wireless Telecom Group Adds Jennifer Fritzsche to Board of Directors

December 21, 2020globenewswire.com

Parsippany, New Jersey, USA, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Wireless Telecom Group, Inc. (NYSE American: WTT ), (the “Company”) announced today the appointment of Jennifer Fritzsche to serve as an independent member of its Board of Directors. The Company's...