WYTEC INTERNATIONAL INC (WYTC)

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CIK 0001560143 · OTC · Telegraph & Other Message Communications

  • Sector Transportation & Utilities
  • Incorporated NV
  • Fiscal year ends Dec 31

In fiscal 2024, WYTEC INTERNATIONAL INC reported revenue of $131.1K, down 48.7% from the prior year. The company ran a net loss, with a net margin of -2801.7% and a gross margin of 57.6%. It held $323.6K in total assets against $2.61M in total liabilities.

Key ratios (FY2024)

57.6%
Gross margin
-2354.2%
Operating margin
-2801.7%
Net margin
-48.7%
Revenue growth (YoY)
Metric (FY)202420232022202120202019201820172016
Revenue$131.1K$255.6K$413.9K$394.1K$1.08M
Cost of Revenue$55.6K$170.9K$339.8K$369.4K$791.9K
Gross Profit$75.5K$84.7K$74.1K$24.8K$285.2K$186.4K$104.4K$48.1K$45.2K
Operating Income-$3.09M-$3.09M-$1.91M-$3.71M-$2.11M-$2.71M-$2.99M-$3.49M-$3.09M
Net Income-$3.67M-$3.31M-$2.08M-$3.64M-$2.02M-$2.85M-$3.12M-$3.67M-$3.10M
EPS (Diluted)$-0.25$-0.27$-0.20$-0.54$-0.36
Total Assets$323.6K$1.22M$272.0K$452.4K$951.2K$1.19M$2.09M$4.09M$3.73M
Total Liabilities$2.61M$2.10M$3.25M$2.33M$1.95M$1.43M$1.55M$2.14M$2.10M
Shareholders' Equity-$2.28M-$876.1K-$2.98M-$1.88M-$1.00M-$234.6K$543.0K$1.95M$1.62M
Operating Cash Flow-$1.70M-$1.86M-$1.34M-$1.74M-$1.66M-$2.62M-$3.00M-$2.85M-$2.98M
Capital Expenditures$1.9K$0$848$953$13.0K$25.0K$68.1K$0$0
Shares Outstanding16.75M13.29M12.20M6.95M6.09M5.43M4.97M3.86M1.06M