Widepoint Corp financial data

Symbol
WYY on NYSE
Industry
Services-Computer Integrated Systems Design
Location
11250 Waples Mill Road, South Tower, Suite 210, Fairfax, Virginia
State of incorporation
Delaware
Fiscal year end
December 31
Former names
ZMAX CORP (to 4/20/2000)
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 104 % -3.49%
Quick Ratio 1.47 % -10.4%
Debt-to-equity 239 % +65.1%
Return On Equity -24.7 % +77.5%
Return On Assets -7.29 % +83.8%
Operating Margin -3.01 % +85.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.84M shares +1.36%
Common Stock, Shares, Outstanding 9.31M shares +6.55%
Entity Public Float 14.9M USD -28.4%
Common Stock, Value, Issued 9.31K USD +6.56%
Weighted Average Number of Shares Outstanding, Basic 8.73M shares -3.72%
Weighted Average Number of Shares Outstanding, Diluted 8.73M shares -4.67%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 115M USD +18.6%
Cost of Revenue 98.5M USD +19.4%
Selling and Marketing Expense 2.28M USD +9.68%
General and Administrative Expense 16.4M USD +10.3%
Operating Income (Loss) -3.46M USD +82.5%
Nonoperating Income (Expense) -199K USD -124%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -695K USD +26.4%
Income Tax Expense (Benefit) 84.9K USD -98.3%
Net Income (Loss) Attributable to Parent -3.75M USD +84.5%
Earnings Per Share, Basic -2.77 USD/shares -3857%
Earnings Per Share, Diluted -0.07 USD/shares +36.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.58M USD -37%
Accounts Receivable, after Allowance for Credit Loss, Current 6.8M USD -33.3%
Inventory, Net 657K USD +174%
Other Assets, Current 1.62M USD +73%
Assets, Current 36.8M USD +33.4%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 695K USD -29%
Operating Lease, Right-of-Use Asset 3.88M USD -14.9%
Intangible Assets, Net (Excluding Goodwill) 6.75M USD -5.95%
Goodwill 5.81M USD 0%
Other Assets, Noncurrent 490K USD -77.9%
Assets 54.4M USD +12.4%
Accounts Payable, Current 12.1M USD -11.2%
Accrued Liabilities, Current 20.6M USD +93.3%
Liabilities, Current 35.1M USD +32.9%
Deferred Income Tax Liabilities, Net 16.9K USD
Operating Lease, Liability, Noncurrent 4M USD -13.3%
Liabilities 40.2M USD +27.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -357K USD -14.1%
Retained Earnings (Accumulated Deficit) -87.8M USD -4.46%
Stockholders' Equity Attributable to Parent 14.2M USD -16.3%
Liabilities and Equity 54.4M USD +12.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.56M USD +37.5%
Net Cash Provided by (Used in) Financing Activities -356K USD -176%
Net Cash Provided by (Used in) Investing Activities 253K USD
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 9.31M shares +6.55%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.65M USD +44%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.27M USD +15.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 51.9K USD -7.22%
Deferred Tax Assets, Valuation Allowance 11.9M USD +13.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 14.4M USD +12.9%
Operating Lease, Liability 5.74M USD +21%
Depreciation 260K USD -2.62%
Payments to Acquire Property, Plant, and Equipment 6.49K USD -93.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -3.79M USD +84.3%
Lessee, Operating Lease, Liability, to be Paid 4.75M USD -27.6%
Property, Plant and Equipment, Gross 4.3M USD +2.69%
Operating Lease, Liability, Current 620K USD +2.25%
Lessee, Operating Lease, Liability, to be Paid, Year Two 731K USD -12%
Lessee, Operating Lease, Liability, to be Paid, Year One 823K USD +1.69%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 45.2K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 990K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 632K USD -14.4%
Deferred Tax Assets, Operating Loss Carryforwards 11.8M USD +11.8%
Preferred Stock, Shares Issued 2.05M shares 0%
Deferred Federal Income Tax Expense (Benefit) 5.03M USD +970%
Current Income Tax Expense (Benefit) 26.1K USD -44.5%
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 634K USD +1.03%
Operating Lease, Payments 227K USD -11.8%
Additional Paid in Capital 102M USD +1.01%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 30K USD +50%
Amortization of Intangible Assets 573K USD +14.4%
Depreciation, Depletion and Amortization 1.08M USD +3.71%
Deferred Tax Assets, Net of Valuation Allowance 2.5M USD +9.84%
Share-based Payment Arrangement, Expense 418K USD +198%
Deferred State and Local Income Tax Expense (Benefit) 77.5K USD -74.1%
Interest Expense 58.7K USD -0.07%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%