See more : Raize – Instituição de Pagamentos, S.A. (MLRZE.LS) 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.
You may be interested
- Sandmartin International Holdings Limited (0482.HK) Income Statement Analysis – Financial Results
- TBEA Co., Ltd. (600089.SS) Income Statement Analysis – Financial Results
- Volvo Car AB (publ.) (VLVOF) Income Statement Analysis – Financial Results
- IB Acquisition Corp. Right (IBACR) Income Statement Analysis – Financial Results
- Tsogo Sun Gaming Limited (TSG.JO) Income Statement Analysis – Financial Results
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 Corporation (WYY) CEO Jin Kang on Q2 2022 Results - Earnings Call Transcript
WidePoint Corporation (NYSE:WYY ) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants Jin Kang - President and CEO Robert George - CFO Jason Holloway - EVP and Chief Sales & Marketing Officer Conference Call Participants...
WidePoint Sets Second Quarter 2022 Conference Call for Monday, August 15, 2022 at 4:30 p.m. ET
FAIRFAX, VA / ACCESSWIRE / August 1, 2022 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity and Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Digital Billing & Analytics, and IT...
3 Stocks Under $3 Insiders Are Aggressively Buying
The Nasdaq Composite dropped by more than 400 points on Friday. Investors, meanwhile, focused on some notable insider trades.
WidePoint to Present at the LD Micro Invitational XII on June 8th, 2022
FAIRFAX, VA / ACCESSWIRE / June 1, 2022 / WidePoint Corporation (NYSE American: WYY ), the innovative technology Managed Solution Provider (MSP) specializing in Identity and Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Digital Billing & Analytics, and...
WidePoint Corporation (WYY) CEO Jin Kang on Q1 2022 Results - Earnings Call Transcript
WidePoint Corporation (NYSE:WYY ) Q1 2022 Earnings Conference Call May 16, 2022 4:30 PM ET Company Participants Jin Kang – President and Chief Executive Officer Robert George – Chief Financial Officer Jason Holloway – Executive Vice President and Chief Sales...
WidePoint to Present at the Planet MicroCap Showcase in Las Vegas on Wednesday, May 4, 2022
FAIRFAX, VA / ACCESSWIRE / April 19, 2022 / WidePoint Corporation (NYSE American:WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity and Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Digital Billing & Analytics, and IT...
WidePoint Corporation (WYY) CEO Jin Kang on Q4 2021 Results - Earnings Call Transcript
WidePoint Corporation (WYY) CEO Jin Kang on Q4 2021 Results - Earnings Call Transcript
7 Penny Stocks to Pick up for Profit in Q1
When investing in penny stocks under $5, remember just because they're cheap doesn't mean their fundamentals make them a buy. The post 7 Penny Stocks to Pick up for Profit in Q1 appeared first on InvestorPlace.
WidePoint To Present at the Sidoti December Virtual Micro Cap Conference on December 9th, 2021
FAIRFAX, VA / ACCESSWIRE / November 30, 2021 / WidePoint Corporation (NYSE American:WYY) , the leading provider of Trusted Mobility Management (TM2) specializing in Identity Management, Telecommunications Lifecycle Management, Digital Billing & Analytics, and IT as a Service (ITaaS), will...
WidePoint Corp (WYY) CEO Jin Kang on Q3 2021 Results - Earnings Call Transcript
WidePoint Corp (WYY) CEO Jin Kang on Q3 2021 Results - Earnings Call Transcript
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.