WANG & LEE GROUP, Inc. (WLGSF)

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CIK 0001899658 · OTC · Construction - Special Trade Contractors

  • Sector Construction
  • Incorporated D8
  • Fiscal year ends Dec 31

In fiscal 2024, WANG & LEE GROUP, Inc. reported revenue of $3.95M, down 42.1% from the prior year. The company ran a net loss, with a net margin of -64.4% and a gross margin of 10.4%. It held $8.72M in total assets against $5.23M in total liabilities.

Key ratios (FY2024)

10.4%
Gross margin
-64.5%
Operating margin
-64.4%
Net margin
-72.8%
Return on equity
-42.1%
Revenue growth (YoY)
Metric (FY)20242023202220212020
Revenue$3.95M$6.83M$4.17M$4.14M
Cost of Revenue$3.54M$4.39M$3.38M$3.28M
Gross Profit$412.2K$2.44M$785.7K$859.8K
Operating Income-$2.55M-$771.1K-$641.5K-$360.9K
Net Income-$2.54M-$648.9K-$596.9K-$354.7K
EPS (Diluted)$-0.17$-0.04$-0.05$-0.03
Total Assets$8.72M$11.79M$3.10M$2.42M
Total Liabilities$5.23M$5.78M$4.81M$3.54M
Shareholders' Equity$3.49M$6.01M-$1.71M-$1.12M-$765.7K
Cash & Equivalents$4.30M$5.21M$609.6K$537.7K
Operating Cash Flow-$1.57M-$3.81M-$352.8K-$482.8K
Shares Outstanding17.36M15.09M12.00M12.00M