WYTEC INTERNATIONAL INC WYTC
OTC · stock · Telegraph & Other Message Communications · website · IPO 2024-07-24
WYTEC INTERNATIONAL INC financials (annual, from 10-K)
Bars are annual figures from 2016 to 2024; red bars are negative (a loss or cash outflow).
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $131,077 | $255,634 | $413,858 | $394,148 | $1.1M | $405,468 | $305,712 | $48,646 | $69,860 |
| Gross profit | $75,506 | $84,730 | $74,062 | $24,760 | $285,176 | $186,376 | $104,433 | $48,096 | $45,218 |
| R&D expense | $379,940 | $131,759 | $0 | $40,953 | $21,161 | $4,500 | $23,741 | $10,859 | $6,097 |
| SG&A expense | $2.8M | $3.0M | $1.9M | $3.6M | $2.3M | $2.8M | $2.9M | $3.3M | $2.9M |
| Operating income | -$3.1M | -$3.1M | -$1.9M | -$3.7M | -$2.1M | -$2.7M | -$3.0M | -$3.5M | -$3.1M |
| Interest expense | — | $236,924 | $174,917 | $94,351 | $94,375 | $38 | $0 | $0 | $11,541 |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — |
| Net income | -$3.7M | -$3.3M | -$2.1M | -$3.6M | -$2.0M | -$2.9M | -$3.1M | -$3.7M | -$3.1M |
| EPS (diluted) | $-0.25 | $-0.27 | $-0.20 | $-0.54 | — | — | — | — | — |
| Operating cash flow | -$1.7M | -$1.9M | -$1.3M | -$1.7M | -$1.7M | -$2.6M | -$3.0M | -$2.9M | -$3.0M |
| Free cash flow | -$1.7M | -$1.9M | -$1.3M | -$1.7M | -$1.7M | -$2.6M | -$3.1M | -$2.9M | -$3.0M |
| Cash & equivalents | — | — | — | — | — | — | — | — | $2.8M |
| Inventory | $30,041 | $30,303 | $95,939 | $33,494 | $2,371 | $0 | — | — | — |
| Total assets | $323,570 | $1.2M | $272,027 | $452,358 | $951,169 | $1.2M | $2.1M | $4.1M | $3.7M |
| Total liabilities | $2.6M | $2.1M | $3.3M | $2.3M | $2.0M | $1.4M | $1.5M | $2.1M | $2.1M |
| Shareholders' equity | -$2.3M | -$876,125 | -$3.0M | -$1.9M | -$1.0M | -$234,640 | $543,011 | $2.0M | $1.6M |
Growth · year-over-year · Revenue CAGR 8.2%
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -48.7% | -38.2% | +5.0% | -63.4% | +165.6% | +32.6% | +528.4% | -30.4% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Source: SEC EDGAR filings · CIK 0001560143 · US · as of 2024-12-31. facts plus Stocktoria's own computed scores — not investment advice.