NYSEAMERICAN : WYY
WidePoint Corporation — Financial statements
Technology · Information Technology Services · United States
Last price 7.5 USD (Oct 30, 2026, 10:01 AM EDT) · Market cap 73.53M
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Financial statements
WidePoint Corporation (WYY) reported revenue of 158.33M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 158.33M | 150.55M | 142.57M | 106.03M | 94.10M | 87.34M |
| Cost of Revenue | 135.77M | 129.54M | 123.57M | 90.38M | 79.53M | 70.97M |
| Gross Profit | 22.56M | 21.01M | 19.00M | 15.65M | 14.58M | 16.37M |
| Selling, General & Admin | 22.58M | 22.46M | 19.88M | 18.07M | 16.85M | 14.73M |
| Operating Expenses | 23.86M | 23.79M | 20.88M | 19.15M | 17.93M | 15.76M |
| Operating Income | -1.31M | -2.78M | -1.88M | -3.51M | -3.36M | 607.61K |
| Interest Expense | -183.77K | -202.39K | -242.84K | -239.53K | -259.64K | -273.23K |
| Interest & Investment Income | 379.45K | 333.06K | 214.59K | 90.68K | 41.83K | 4.16K |
| Other Non Operating Income (Expenses) | 49.58K | 647.00 | -29.41K | -62.60K | 4.00K | 53.00K |
| EBT Excluding Unusual Items | -1.06M | -2.65M | -1.94M | -3.72M | -3.57M | 391.54K |
| Impairment of Goodwill | -16.28M | |||||
| Asset Writedown | -193.34K | |||||
| Other Unusual Items | 1.34M | 590.00K | ||||
| Pretax Income | -1.06M | -2.65M | -1.94M | -3.91M | -18.51M | 981.54K |
| Income Tax Expense | 202.51K | 97.69K | -3.76K | 133.24K | 5.08M | 640.45K |
| Net Income | -1.27M | -2.75M | -1.93M | -4.05M | -23.59M | 341.10K |
| Net Income to Common | -1.27M | -2.75M | -1.93M | -4.05M | -23.59M | 341.10K |
| Shares Outstanding (Basic) | 9.83M | 9.67M | 9.32M | 8.83M | 8.73M | 9.07M |
| Shares Outstanding (Diluted) | 9.83M | 9.67M | 9.32M | 8.83M | 8.73M | 9.16M |
| EPS (Basic) | -0.13 | -0.28 | -0.21 | -0.46 | -2.70 | 0.04 |
| EPS (Diluted) | -0.13 | -0.28 | -0.21 | -0.46 | -2.70 | 0.04 |
| Free Cash Flow | 4.50M | 5.44M | 1.56M | 417.05K | 5.82M | -1.48M |
| Free Cash Flow Per Share | 0.46 | 0.56 | 0.17 | 0.05 | 0.67 | -0.16 |
| Gross Margin | 14.25% | 13.96% | 13.33% | 14.76% | 15.49% | 18.74% |
| Operating Margin | -0.83% | -1.85% | -1.32% | -3.31% | -3.57% | 0.70% |
| Profit Margin | -0.80% | -1.83% | -1.36% | -3.82% | -25.06% | 0.39% |
| Free Cash Flow Margin | 2.84% | 3.61% | 1.10% | 0.39% | 6.19% | -1.70% |
| EBITDA | 1.31M | 308.70K | 1.39M | -137.58K | -821.61K | 2.27M |
| EBITDA Margin | 0.83% | 0.21% | 0.97% | -0.13% | -0.87% | 2.60% |
| D&A For EBITDA | 2.62M | 3.09M | 3.27M | 3.37M | 2.54M | 1.66M |
| EBIT | -1.31M | -2.78M | -1.88M | -3.51M | -3.36M | 607.61K |
| EBIT Margin | -0.83% | -1.85% | -1.32% | -3.31% | -3.57% | 0.70% |
| Effective Tax Rate | 65.25% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 10.02M | 9.82M | 6.78M | 6.92M | 7.53M | 6.48M |
| Cash & Short-Term Investments | 10.02M | 9.82M | 6.78M | 6.92M | 7.53M | 6.48M |
| Accounts Receivable | 56.98M | 48.55M | 43.73M | 24.84M | 19.52M | 23.47M |
| Other Receivables | 1.30M | |||||
| Receivables | 56.98M | 48.55M | 43.73M | 24.84M | 19.52M | 24.77M |
| Inventory | 780.12K | 682.00K | 312.43K | 366.13K | 222.28K | 590.07K |
| Prepaid Expenses | 2.70M | 1.52M | 1.32M | 717.54K | 713.70K | 1.31M |
| Restricted Cash | 748.29K | 2.65M | 1.04M | |||
| Other Current Assets | 4.52M | 2.99M | 2.13M | |||
| Total Current Assets | 75.74M | 66.21M | 55.32M | 32.84M | 27.99M | 33.15M |
| Property, Plant & Equipment | 3.92M | 4.38M | 5.18M | 5.27M | 7.66M | 7.11M |
| Goodwill | 5.81M | 5.81M | 5.81M | 5.81M | 5.81M | 22.09M |
| Other Intangible Assets | 2.81M | 3.35M | 5.06M | 7.34M | 7.40M | 6.23M |
| Long-Term Deferred Tax Assets | 1.12K | 86.91K | 5.13M | |||
| Other Long-Term Assets | 642.14K | 48.82K | 209.97K | 40.59K | 67.75K | 1.78M |
| Total Assets | 88.93M | 79.81M | 71.58M | 51.30M | 49.01M | 75.49M |
| Accounts Payable | 25.32M | 25.89M | 16.52M | 12.63M | 12.52M | 10.26M |
| Accrued Expenses | 38.90M | 31.16M | 30.85M | 16.18M | 11.33M | 12.34M |
| Current Portion of Leases | 760.25K | 751.23K | 735.15K | 638.26K | 596.53K | 794.17K |
| Current Income Taxes Payable | 57.54K | 5.90K | ||||
| Current Unearned Revenue | 7.91M | 6.11M | 4.77M | 2.01M | 1.70M | 2.28M |
| Other Current Liabilities | 358.00K | |||||
| Total Current Liabilities | 72.94M | 63.92M | 52.88M | 31.46M | 26.14M | 26.04M |
| Long-Term Leases | 3.56M | 3.93M | 4.20M | 4.11M | 4.75M | 6.03M |
| Long-Term Unearned Revenue | 752.76K | 435.15K | 907.16K | 1.03M | 364.84K | 400.14K |
| Long-Term Deferred Tax Liabilities | 1.35K | 11.41K | 16.92K | |||
| Other Long-Term Liabilities | 6.90K | 6.90K | 1.35M | |||
| Total Liabilities | 77.25M | 68.28M | 58.00M | 36.62M | 31.26M | 33.81M |
| Common Stock | 9.99K | 9.89K | 9.49K | 8.89K | 8.73K | 8.84K |
| Additional Paid-In Capital | 103.74M | 103.73M | 103.10M | 102.15M | 101.19M | 101.42M |
| Retained Earnings | -91.69M | -91.83M | -89.08M | -87.15M | -83.10M | -59.52M |
| Comprehensive Income & Other | -384.14K | -379.67K | -450.94K | -334.90K | -350.23K | -241.59K |
| Shareholders' Equity | 11.68M | 11.53M | 13.58M | 14.68M | 17.75M | 41.68M |
| Total Liabilities & Equity | 88.93M | 79.81M | 71.58M | 51.30M | 49.01M | 75.49M |
| Total Debt | 4.32M | 4.68M | 4.94M | 4.75M | 5.34M | 6.82M |
| Net Cash (Debt) | 5.70M | 5.14M | 1.84M | 2.17M | 2.19M | -339.89K |
| Net Cash Per Share | 0.58 | 0.53 | 0.20 | 0.25 | 0.25 | -0.04 |
| Filing Date Shares Outstanding | 9.80M | 9.68M | 9.46M | 8.23M | 8.54M | 8.56M |
| Total Common Shares Outstanding | 9.80M | 9.70M | 9.16M | 8.28M | 8.54M | 8.72M |
| Working Capital | 2.80M | 2.30M | 2.44M | 1.39M | 1.84M | 7.11M |
| Book Value Per Share | 1.19 | 1.19 | 1.48 | 1.77 | 2.08 | 4.78 |
| Tangible Book Value | 3.06M | 2.37M | 2.70M | 1.53M | 4.54M | 13.36M |
| Tangible Book Value Per Share | 0.31 | 0.24 | 0.30 | 0.18 | 0.53 | 1.53 |
| Machinery | 3.40M | 3.44M | 3.56M | 3.99M | 3.78M | 3.29M |
| Construction In Progress | 449.11K | 442.70K | 1.96M | |||
| Leasehold Improvements | 276.35K | 279.76K | 157.72K | 330.04K | 284.32K | 298.35K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.27M | -2.75M | -1.93M | -4.05M | -23.59M | 341.10K |
| Depreciation & Amortization | 2.62M | 3.09M | 3.27M | 3.37M | 2.54M | 1.66M |
| Loss (Gain) From Sale of Assets | -49.04K | 8.16K | -8.66K | 1.93K | ||
| Asset Writedown & Restructuring Costs | 193.34K | 16.28M | ||||
| Stock-Based Compensation | 828.99K | 770.22K | 1.21M | 960.99K | 528.58K | 883.76K |
| Provision & Write-off of Bad Debts | 8.11K | 26.12K | 21.82K | 47.06K | 11.85K | -24.54K |
| Other Operating Activities | 333.50K | 232.05K | 6.41K | 107.16K | 3.69M | -119.64K |
| Change in Accounts Receivable | -11.02M | -4.71M | -19.17M | -4.69M | 3.95M | 27.28M |
| Change in Inventory | -219.49K | -368.27K | 53.15K | -143.67K | 367.55K | 400.56K |
| Change in Accounts Payable | 14.55M | 9.61M | 18.54M | 3.84M | 1.25M | -30.19M |
| Change in Unearned Revenue | -668.78K | 814.53K | 2.67M | 955.70K | -585.82K | 290.46K |
| Change in Income Taxes | 86.17K | 89.73K | -43.95K | -2.23K | 69.90K | -1.63K |
| Change in Other Net Operating Assets | -472.28K | -1.10M | -2.94M | 30.40K | 1.56M | -1.75M |
| Operating Cash Flow | 4.73M | 5.71M | 1.68M | 625.25K | 6.07M | -1.22M |
| Capital Expenditures | -230.12K | -265.47K | -117.94K | -208.20K | -244.95K | -258.18K |
| Sale of Property, Plant & Equipment | 49.04K | |||||
| Cash Acquisitions | -4.69M | |||||
| Sale (Purchase) of Intangibles | -881.89K | -3.16M | -2.50M | |||
| Other Investing Activities | 259.12K | 469.10K | ||||
| Investing Cash Flow | -181.08K | -265.47K | 141.19K | -620.99K | -3.41M | -7.44M |
| Short-Term Debt Issued | 2.80M | 5.60M | 6.49M | 15.30M | ||
| Total Debt Issued | 2.80M | 5.60M | 6.49M | 15.30M | ||
| Short-Term Debt Repaid | -2.80M | -5.60M | -6.49M | -15.30M | ||
| Long-Term Debt Repaid | -580.23K | -636.46K | -586.52K | -600.44K | -572.08K | |
| Total Debt Repaid | -557.03K | -3.38M | -6.24M | -7.08M | -15.90M | -572.08K |
| Net Debt Issued (Repaid) | -557.03K | -580.23K | -636.46K | -586.52K | -600.44K | -572.08K |
| Issuance of Common Stock | 52.27K | 52.27K | 1.31M | |||
| Repurchase of Common Stock | -415.25K | -130.75K | -258.38K | -3.63K | -867.43K | -1.38M |
| Other Financing Activities | -61.20K | -61.20K | -62.72K | |||
| Financing Cash Flow | -981.21K | -719.91K | -894.84K | -590.15K | -1.47M | -705.70K |
| Foreign Exchange Rate Adjustments | -19.97K | -72.18K | -31.89K | -23.82K | -140.79K | -144.98K |
| Miscellaneous Cash Flow Adjustments | 99.00 | |||||
| Net Cash Flow | 3.55M | 4.65M | 896.24K | -609.70K | 1.05M | -9.52M |
| Free Cash Flow | 4.50M | 5.44M | 1.56M | 417.05K | 5.82M | -1.48M |
| Free Cash Flow Margin | 2.84% | 3.61% | 1.10% | 0.39% | 6.19% | -1.70% |
| Free Cash Flow Per Share | 0.46 | 0.56 | 0.17 | 0.05 | 0.67 | -0.16 |
| Levered Free Cash Flow | 4.82M | 4.90M | 1.74M | 705.79K | 3.91M | -3.79M |
| Unlevered Free Cash Flow | 4.94M | 5.02M | 1.89M | 855.49K | 4.07M | -3.62M |
| Cash Interest Paid | 145.83K | 159.30K | 207.05K | 223.31K | 194.75K | 254.93K |
| Cash Income Tax Paid | 47.50K | 27.56K | 214.74K | |||
| Change in Working Capital | 2.25M | 4.33M | -883.58K | -9.62K | 6.61M | -3.96M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 75.39M | 53.11M | 42.93M | 20.19M | 15.66M | 35.23M |
| Enterprise Value | 69.69M | 45.89M | 41.59M | 16.66M | 16.10M | 23.21M |
| Last Close Price | 7.69 | 5.37 | 4.84 | 2.32 | 1.82 | 3.93 |
| PE Ratio | 103.28 | |||||
| Forward PE | 12.40 | 88.33 | 24.00 | 24.00 | 24.00 | 43.67 |
| PS Ratio | 0.48 | 0.35 | 0.30 | 0.19 | 0.17 | 0.40 |
| PB Ratio | 6.45 | 4.61 | 3.16 | 1.38 | 0.88 | 0.84 |
| P/TBV Ratio | 24.67 | 22.44 | 15.87 | 13.20 | 3.45 | 2.64 |
| P/FCF Ratio | 16.76 | 9.76 | 27.45 | 48.42 | 2.69 | |
| P/OCF Ratio | 15.94 | 9.31 | 25.53 | 32.30 | 2.58 | |
| PEG Ratio | 1.60 | 1.60 | 1.60 | 1.60 | 1.60 | |
| EV/Sales Ratio | 0.44 | 0.30 | 0.29 | 0.16 | 0.17 | 0.27 |
| EV/EBITDA Ratio | 53.10 | 148.66 | 29.95 | 10.24 | ||
| EV/EBIT Ratio | 38.20 | |||||
| EV/FCF Ratio | 15.49 | 8.43 | 26.59 | 39.95 | 2.77 | |
| Debt / Equity Ratio | 0.37 | 0.41 | 0.36 | 0.32 | 0.30 | 0.16 |
| Debt / EBITDA Ratio | 2.45 | 7.59 | 3.51 | 2.99 | ||
| Debt / FCF Ratio | 0.96 | 0.86 | 3.16 | 11.40 | 0.92 | |
| Net Debt / Equity Ratio | -0.49 | -0.45 | -0.14 | -0.15 | -0.12 | 0.01 |
| Net Debt / EBITDA Ratio | -4.34 | -16.64 | -1.32 | 15.76 | 2.66 | 0.15 |
| Net Debt / FCF Ratio | -1.27 | -0.94 | -1.18 | -5.20 | -0.38 | -0.23 |
| Asset Turnover | 1.91 | 1.99 | 2.32 | 2.11 | 1.51 | 0.99 |
| Inventory Turnover | 202.49 | 260.52 | 364.21 | 307.21 | 195.80 | 89.78 |
| Quick Ratio | 0.92 | 0.91 | 0.95 | 1.01 | 1.03 | 1.20 |
| Current Ratio | 1.04 | 1.04 | 1.05 | 1.04 | 1.07 | 1.27 |
| Return on Equity (ROE) | -10.44% | -21.91% | -13.69% | -24.96% | -79.38% | 0.83% |
| Return on Assets (ROA) | -0.99% | -2.30% | -1.91% | -4.37% | -3.37% | 0.43% |
| Return on Invested Capital (ROIC) | -23.21% | -30.71% | -15.51% | -25.00% | -11.66% | 0.58% |
| Return on Capital Employed (ROCE) | -8.20% | -17.50% | -10.10% | -17.70% | -14.70% | 1.20% |
| Earnings Yield | -1.73% | -5.18% | -4.51% | -20.04% | -150.60% | 0.97% |
| FCF Yield | 5.97% | 10.24% | 3.64% | 2.07% | 37.19% | -4.20% |
| Buyback Yield / Dilution | -3.13% | -3.76% | -5.53% | -1.13% | 4.67% | -6.48% |