See more : SNP Schneider-Neureither & Partner SE (0NJB.L) Income Statement Analysis – Financial Results
Complete financial analysis of WidePoint Corporation (WYY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of WidePoint Corporation, a leading company in the Information Technology Services industry within the Technology sector.
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WidePoint Corporation (WYY)
About WidePoint Corporation
WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. It offers TMaaS solutions through a federal government certified proprietary portal to manage, analyze, and protect communications assets, as well as deploy identity management solutions that provide secured virtual and physical access to restricted environments. The company provides telecom lifecycle management, mobile and identity management, and digital billing and analytics solutions. It also offers information technology as a service, including cybersecurity, cloud, network operation, and professional services. WidePoint Corporation was founded in 1991 and is headquartered in Fairfax, Virginia.
| Metric | 2023 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 106.03M | 94.10M | 87.34M | 180.34M | 101.72M | 83.68M | 75.88M | 78.42M | 70.84M | 53.32M | 46.83M | 55.78M | 41.37M | 50.81M | 43.34M | 35.46M | 14.13M | 17.95M | 13.26M | 5.54M | 3.29M | 3.50M | 5.90M | 12.94M | 27.20M | 9.90M | 1.43M |
| Cost of Revenue | 90.38M | 79.53M | 70.97M | 159.89M | 84.34M | 68.41M | 62.19M | 64.41M | 57.61M | 39.80M | 34.71M | 41.92M | 32.13M | 37.55M | 33.85M | 28.88M | 10.57M | 14.26M | 11.87M | 4.07M | 2.46M | 2.49M | 3.12M | 7.01M | 12.10M | 3.50M | 667.10K |
| Gross Profit | 15.65M | 14.58M | 16.37M | 20.46M | 17.38M | 15.27M | 13.69M | 14.01M | 13.23M | 13.51M | 12.11M | 13.86M | 9.24M | 13.26M | 9.50M | 6.58M | 3.56M | 3.70M | 1.39M | 1.48M | 833.23K | 1.01M | 2.78M | 5.92M | 15.10M | 6.40M | 758.26K |
| Gross Profit Ratio | 14.76% | 15.49% | 18.74% | 11.34% | 17.08% | 18.25% | 18.04% | 17.87% | 18.68% | 25.35% | 25.87% | 24.85% | 22.34% | 26.11% | 21.91% | 18.56% | 25.22% | 20.59% | 10.52% | 26.62% | 25.30% | 28.76% | 47.11% | 45.79% | 55.51% | 64.65% | 53.20% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 219.14K | 699.01K | 673.09K | 480.12K | 73.56K | 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 | 300.00K | 500.00K | 0.00 |
| General & Administrative | 15.88M | 14.72M | 12.72M | 14.27M | 13.84M | 13.30M | 14.39M | 14.45M | 14.61M | 14.36M | 9.87M | 9.82M | 7.44M | 8.45M | 6.46M | 6.25M | 3.17M | 3.33B | 2.91B | 1.20B | 693.22M | 0.00 | 2.55M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 2.19M | 2.13M | 2.01M | 1.87M | 1.66M | 1.74M | 2.20M | 2.67M | 3.03M | 3.43M | 3.13M | 2.74M | 1.48M | 1.81M | 1.15M | 901.01K | 917.95K | 851.07M | 701.16M | 596.56M | 430.07M | 0.00 | 614.79K | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 18.07M | 16.85M | 14.73M | 16.14M | 15.50M | 15.04M | 16.60M | 17.12M | 17.64M | 17.79M | 13.00M | 12.56M | 8.93M | 10.26M | 7.60M | 7.15M | 4.09M | 4.18M | 3.61M | 1.79M | 1.12M | 1.17M | 3.16M | 10.39M | 12.30M | 5.20M | 5.26M |
| Other Expenses | 1.27M | 1.08M | 1.03M | 1.09M | 988.15K | -2.00 | 3.81K | 13.54K | 33.01K | 12.89K | 11.27K | 3.20K | 211.13K | 201.24K | 179.41K | 160.57K | 83.46K | 35.13K | 25.22K | 70.90K | 12.78K | 51.79K | 6.44M | 851.56K | 1.80M | 1.30M | 1.01M |
| Operating Expenses | 19.35M | 17.93M | 15.76M | 17.23M | 16.49M | 15.46M | 17.15M | 18.17M | 18.69M | 18.16M | 13.29M | 12.84M | 9.14M | 10.46M | 7.78M | 7.31M | 4.17M | 4.21M | 3.63M | 1.86M | 1.14M | 1.22M | 9.61M | 11.24M | 14.40M | 7.00M | 6.27M |
| Cost & Expenses | 109.73M | 97.46M | 86.73M | 177.12M | 100.83M | 83.87M | 79.35M | 82.58M | 76.30M | 57.97M | 48.00M | 54.76M | 41.27M | 48.01M | 41.63M | 36.19M | 14.74M | 18.47M | 15.50M | 5.93M | 3.60M | 3.71M | 12.73M | 18.26M | 26.50M | 10.50M | 6.94M |
| Interest Income | 90.68K | 41.83K | 4.16K | 3.94K | 5.36K | 6.80K | 15.35K | 14.59K | 23.03K | 17.00K | 7.36K | 4.88K | 12.57K | 18.44K | 27.69K | 134.53K | 104.25K | 92.67K | 6.96K | 5.84K | 11.55K | 17.66K | 44.66K | 103.35K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 239.53K | 259.64K | 273.23K | 302.92K | 310.58K | 79.54K | 52.16K | 72.23K | 142.50K | 186.80K | 175.36K | 294.24K | 69.32K | 90.05K | 176.42K | 336.64K | 13.54K | 9.71K | 164.69K | 38.14K | 1.30K | 1.56K | 5.23K | 198.97K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 3.37M | 2.53M | 1.66M | 1.63M | 1.91M | 1.31M | 1.49M | 1.56M | 383.27K | 1.84M | 1.75M | 1.79M | 860.96K | 1.01M | 1.13M | 1.01M | 529.85K | 463.52K | 361.04K | 80.60K | 12.78K | 51.79K | 545.29K | 851.56K | 1.80M | 1.30M | 1.01M |
| EBITDA | -302.84K | -15.72M | 2.91M | 4.85M | 2.80M | 1.12M | -1.95M | -2.57M | -3.84M | -2.78M | 594.67K | 2.82M | 978.09K | 3.83M | 2.87M | 409.98K | 26.21K | 38.60K | -7.29M | -4.18M | -290.06K | -163.92K | -6.28M | -5.65M | 707.88K | 700.00K | -4.50M |
| EBITDA Ratio | -0.29% | 0.60% | 2.61% | 2.39% | 1.89% | 0.28% | -4.09% | -4.82% | -7.09% | -5.22% | 1.27% | 5.05% | 2.37% | 7.54% | 6.63% | 1.17% | -0.55% | -0.30% | 26.58% | -1.90% | -8.85% | -8.70% | -6.50% | -26.22% | 15.44% | 4.04% | 208.20% |
| Operating Income | -3.70M | -1.97M | 1.25M | 3.22M | 885.26K | -190.41K | -3.46M | -4.16M | -5.46M | -4.65M | -1.18M | 1.02M | 105.17K | 2.80M | 1.72M | -727.53K | -607.89K | -517.59K | -2.24M | -388.59K | -302.84K | -215.71K | -6.83M | -5.32M | 700.00K | -600.00K | -5.51K |
| Operating Income Ratio | -3.49% | -2.09% | 1.44% | 1.79% | 0.87% | -0.23% | -4.56% | -5.31% | -7.71% | -8.72% | -2.51% | 1.83% | 0.25% | 5.52% | 3.96% | -2.05% | -4.30% | -2.88% | -16.88% | -7.01% | -9.19% | -6.17% | -115.65% | -41.12% | 2.57% | -6.06% | -0.39% |
| Total Other Income/Expenses | -211.44K | 1.13M | 373.93K | -298.52K | -266.35K | -72.75K | -33.00K | -44.10K | -86.46K | -156.90K | -156.73K | -286.16K | -57.35K | -71.61K | -148.78K | -206.03K | 90.71K | 82.96K | -5.56M | -3.10M | 11.75K | 156.10K | 39.42K | -1.08M | -1.70M | 300.00K | -14.20M |
| Income Before Tax | -3.91M | -18.51M | 981.54K | 2.92M | 618.91K | -263.15K | -3.50M | -4.21M | -5.55M | -4.81M | -1.33M | 732.61K | 47.82K | 2.73M | 1.57M | -933.56K | -517.18K | -434.64K | -7.80M | -623.78K | -291.09K | -59.61K | -6.79M | -6.40M | -1.00M | -300.00K | -14.21M |
| Income Before Tax Ratio | -3.69% | -19.67% | 1.12% | 1.62% | 0.61% | -0.31% | -4.61% | -5.37% | -7.83% | -9.02% | -2.84% | 1.31% | 0.12% | 5.38% | 3.62% | -2.63% | -3.66% | -2.42% | -58.81% | -11.26% | -8.84% | -1.71% | -114.98% | -49.43% | -3.68% | -3.03% | -996.71% |
| Income Tax Expense | 133.24K | 5.08M | 640.45K | -7.40M | 392.65K | 1.19M | 37.97K | -73.45K | -81.81K | 3.59M | 362.76K | -99.69K | -199.05K | -3.65M | 156.89K | 156.89K | 0.00 | -83.00 | -355.42K | -816.00 | -11.75K | -156.10K | -39.42K | 1.27M | 1.80M | -300.00K | 8.70M |
| Net Income | -4.05M | -23.59M | 341.10K | 10.32M | 226.26K | -1.46M | -3.53M | -4.13M | -5.47M | -8.40M | -1.69M | 832.30K | 246.87K | 6.38M | 1.41M | -1.09M | -517.18K | -434.56K | -7.44M | -622.96K | -291.09K | -59.61K | -6.79M | -6.59M | -1.10M | -300.00K | -14.21M |
| Net Income Ratio | -3.82% | -25.06% | 0.39% | 5.72% | 0.22% | -1.74% | -4.66% | -5.27% | -7.72% | -15.76% | -3.62% | 1.49% | 0.60% | 12.56% | 3.25% | -3.08% | -3.66% | -2.42% | -56.13% | -11.24% | -8.84% | -1.71% | -114.98% | -50.97% | -4.04% | -3.03% | -996.71% |
| EPS | -0.46 | -2.70 | 0.04 | 1.22 | 0.03 | -0.17 | -0.43 | -0.50 | -0.66 | -1.15 | -0.27 | 0.13 | 0.04 | 1.04 | 0.20 | -0.19 | -0.10 | -0.10 | -2.97 | -0.37 | -0.19 | -0.04 | -5.23 | -5.08 | -0.85 | -0.28 | -25.82 |
| EPS Diluted | -0.46 | -2.70 | 0.04 | 1.20 | 0.03 | -0.17 | -0.43 | -0.50 | -0.66 | -1.15 | -0.27 | 0.13 | 0.04 | 1.02 | 0.20 | -0.19 | -0.10 | -0.10 | -1.41 | -0.37 | -0.19 | -0.04 | -5.23 | -5.08 | -0.85 | -0.28 | -25.82 |
| Weighted Avg Shares Out | 8.83M | 8.73M | 9.07M | 8.46M | 8.40M | 8.33M | 8.29M | 8.27M | 8.22M | 7.30M | 6.28M | 6.35M | 6.29M | 6.16M | 5.94M | 5.67M | 5.24M | 4.54M | 2.51M | 1.67M | 1.56M | 1.42M | 1.30M | 1.30M | 1.29M | 1.06M | 550.27K |
| Weighted Avg Shares Out (Dil) | 8.83M | 8.73M | 9.16M | 8.60M | 8.40M | 8.33M | 8.29M | 8.27M | 8.22M | 7.30M | 6.38M | 6.38M | 6.41M | 6.29M | 6.06M | 5.67M | 5.24M | 4.54M | 5.27M | 1.67M | 1.56M | 1.42M | 1.30M | 1.30M | 1.29M | 1.06M | 550.27K |
WidePoint Sets First Quarter 2024 Conference Call for Wednesday, May 15, 2024 at 4:30 p.m. ET
FAIRFAX, VA / ACCESSWIRE / May 1, 2024 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity & Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service...
WidePoint Awarded $22.7 Million in Tech and Cyber Security Services Contracts During Q1 2024
FAIRFAX, VA / ACCESSWIRE / April 23, 2024 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity & Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service...
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WidePoint Corporation (WYY) Q4 2023 Earnings Call Transcript
WidePoint Corporation (WYY) Q4 2023 Earnings Call Transcript
WidePoint Reports Fourth Quarter and Full Year 2023 Financial Results
FAIRFAX, VA / ACCESSWIRE / March 26, 2024 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity & Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service...
WidePoint Sets Fourth Quarter and Full Year 2023 Conference Call for Tuesday, March 26, 2024 at 4:30 p.m. ET
FAIRFAX, VA / ACCESSWIRE / March 12, 2024 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity & Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service...
WidePoint Shares Strong 2023 Preliminary Results and Announces Strategic Priorities for 2024
FAIRFAX, VA / ACCESSWIRE / February 13, 2024 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity & Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service...
WidePoint's Subsidiary IT Authorities Awarded New $1.4 Million Managed IT and Cyber Services Contract
FAIRFAX, VA / ACCESSWIRE / February 5, 2024 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity & Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service...
WidePoint Awarded More than $70.3 Million in IT and Security Services Contracts During Q4 2023
FAIRFAX, VA / ACCESSWIRE / January 16, 2024 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity & Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service...
WidePoint's Subsidiary IT Authorities Awarded New Contract to Provide Managed IT Services
FAIRFAX, VA / ACCESSWIRE / December 4, 2023 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity & Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service...
Source: https://incomestatements.info
Category: Stock Reports
How many consecutive quarters of positive Adjusted EBITDA does WidePoint have?
Certified and successfully deployed new proprietary MobileAnchor Digital Credential solution into two Federal Agencies. 29th consecutive quarter of positive Adjusted EBITDA1.
What contracts did WidePoint secure in Q3 2024?
Won $15.2 million in contract awards and renewals during the third quarter of 2024, of which $1.4 million were IT as a Service contracts. Awarded two MobileAnchor Digital Credential contracts for the quarter from federal defense and civilian agencies.
What were WidePoint’s Q3 2024 revenue and growth?
Revenues were $34.6 million, a 35% increase from the same quarter last year. Adjusted EBITDA1, a non-GAAP financial measure, was $574,000, a 149% improvement from the same quarter last year.