WORLD SCAN PROJ INC (WDSP) Financials
Newest figures come from the 10-Q for Q3 FY2025, filed Sep 23, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WDSP SEC filings page.
WORLD SCAN PROJ INC (WDSP) reported $22.5M in revenue over the twelve months to Jul 31, 2025, up 71.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue expansion is being absorbed by inventory and financing needs, not yet converted into operating cash.
Operating cash flow was$4.6M in FY2022 but-$16.9M in FY2024. That reversal coincided with inventory reaching$17.0M , indicating that recent growth demanded substantial working capital before producing cash.
Revenue expanded from
A 2.4x current ratio alongside operating cash flow of
Financial Health Signals
WORLD SCAN PROJ INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
WORLD SCAN PROJ INC passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
WORLD SCAN PROJ INC reported a net loss of $768K while operations used $16.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
WORLD SCAN PROJ INC generated $1.6M in revenue in Q3 2025. This represents a decrease of 24.5% from the same quarter a year earlier. Against the prior quarter it is down 65.4%.
WORLD SCAN PROJ INC reported -$511K in net income in Q3 2025. This represents an increase of 40.6% from the same quarter a year earlier. Against the prior quarter it is down 340.6%.
WORLD SCAN PROJ INC earned -$0.02 per diluted share (EPS) in Q3 2025. This represents an increase of 50.0% from the same quarter a year earlier. Against the prior quarter it is down 300.0%.
Not reported for Q3 2025.
Cash & Balance Sheet
WORLD SCAN PROJ INC held $212K in cash as of Q3 2025; long-term debt is not reported for that period.
Not reported for Q3 2025.
Not reported for Q3 2025.
Margins & Returns
WORLD SCAN PROJ INC's gross margin was 45.3% in Q3 2025, indicating the percentage of revenue retained after direct costs. This is up 26.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.5 percentage points.
WORLD SCAN PROJ INC's net profit margin was -32.2% in Q3 2025, showing the share of revenue converted to profit. This is up 8.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 36.9 percentage points.
WORLD SCAN PROJ INC's ROE was -2.3% in Q3 2025, measuring profit generated per dollar of shareholder equity. This is up 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.2 percentage points.
Not reported for Q3 2025.
Capital Allocation
WORLD SCAN PROJ INC invested $513K in research and development in Q3 2025. This represents a decrease of 18.6% from the same quarter a year earlier. Against the prior quarter it is up 211.9%.
Not reported for Q3 2025.
Not reported for Q3 2025.
WDSP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q/A | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6M-24.5% | $4.6M+8.7% | $4.1M-38.4% | $12.3M+6170.8% | $2.1M+2321.9% | $4.2M+574950.5% | $6.6M+126116.4% | $195K-85.7% |
| Cost of Revenue | $868K-48.9% | $2.8M+0.1% | $2.6M-49.1% | $7.9M+7398.4% | $1.7M+6619.9% | $2.8M+446664.2% | $5.1M+147344.4% | $106K-97.9% |
| Gross Profit | $717K+79.1% | $1.8M+25.8% | $1.5M-1.6% | $4.3M+4718.1% | $401K+552.2% | $1.4M+1334986.8% | $1.5M+84117.5% | $89K+102.4% |
| R&D Expenses | $513K-18.6% | $165K+24.7% | $160K-10.7% | N/A | $631K-96.6% | $132K | $180K | N/A |
| SG&A Expenses | $1.2M+6.5% | $1.2M+2.2% | $1.2M-22.5% | $2.4M+39.0% | $1.2M-68.6% | $1.2M-85.3% | $1.6M-61.5% | $1.7M+69.8% |
| Income Tax | -$191K+11.3% | $184K+1319.2% | -$25K+61.2% | $297K+41.5% | -$215K+96.5% | -$15K-100.7% | -$64K-104.0% | $210K-93.9% |
| Net Income | -$511K+40.6% | $212K+92.6% | $102K+133.1% | $289K-12.5% | -$860K+92.1% | $110K-97.8% | -$308K-115.2% | $331K-95.1% |
| EPS (Basic) | -$0.04+50.0% | $0.02+100.0% | $0.01+133.3% | $0.030.0% | -$0.08+92.2% | $0.01-97.9% | -$0.03-115.8% | $0.03-95.3% |
| EPS (Diluted) | -$0.02+50.0% | $0.01 | $0.00+100.0% | $0.06 | -$0.04+92.5% | $0.01 | -$0.01 | $0.18 |
| Diluted Shares (Avg) | 22M+3.1% | 22M | 21M+0.4% | N/A | 21M+3.1% | 21M | 21M | N/A |
Not reported in any period shown, so not listed: Operating Income, EBITDA, Interest Expense.
WDSP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q/A | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $24.1M-9.6% | $25.8M+57.0% | $24.8M-7.0% | $27.4M+95.2% | $26.7M+120.5% | $16.4M-53.9% | $26.7M+4.9% | $14.0M-44.9% |
| Current Assets | $17.3M-25.4% | $22.7M+68.4% | $21.9M-5.6% | $24.4M+115.7% | $23.2M+114.5% | $13.5M-60.2% | $23.2M-3.9% | $11.3M-53.0% |
| Cash & Equivalents | $212K-81.1% | $120K-48.1% | $1.4M+88.9% | $1.6M-71.3% | $1.1M-43.9% | $232K-90.3% | $767K-50.5% | $5.7M-2.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $14.9M+30001.6% | $16.1M+195258.0% | $14.3M-8.2% | $17.0M+4652.9% | $49K+11547.9% | $8K+1752.0% | $15.6M+3395159.8% | $359K+88891.3% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.0M-80.9% | $2.0M-29.2% | $3.1M-82.9% | $10.8M+103.4% | $10.3M+239.4% | $2.9M-82.7% | $18.0M+60.1% | $5.3M-64.3% |
| Current Liabilities | $1.5M-84.5% | $1.6M-34.4% | $2.6M-72.9% | $10.4M+120.5% | $9.8M+285.2% | $2.4M-85.3% | $9.8M-8.7% | $4.7M-67.3% |
| Non-Current Liabilities | $446K-9.1% | $488K-5.6% | $436K-94.7% | $467K-25.5% | $491K+0.8% | $517K-1.6% | $8.3M+1373.7% | $626K+20.4% |
| Total Equity | $22.2M+35.1% | $23.8M+75.4% | $21.7M+152.0% | $16.6M+90.3% | $16.4M+80.8% | $13.5M-28.4% | $8.6M-39.1% | $8.7M-17.8% |
| Retained Earnings | $8.2M+1.1% | $8.7M-2.9% | $8.5M+4.8% | $8.4M-8.4% | $8.1M-8.3% | $8.9M-54.6% | $8.1M-44.6% | $9.1M-27.2% |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill, Long-Term Debt.
WDSP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q/A | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.1M+578.3% | -$1.5M-25633.3% | -$5.3M+50.0% | -$5.4M-195.1% | -$860K+52.1% | $6K-99.3% | -$10.6M-117.4% | $5.7M+27.1% |
| Investing Cash Flow | N/A | N/A | N/A | $479K+129.6% | -$178K | $12K | -$439K | -$1.6M-9085.3% |
| Financing Cash Flow | $0-100.0% | $0 | $5.2M-10.1% | $5.2M+1322.4% | $2.7M | $0 | $5.8M | $362K |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
WDSP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q/A | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.3%+26.2pp | 38.8%+5.3pp | 35.8%+13.4pp | 35.2%-10.6pp | 19.1%-51.8pp | 33.5%+19.1pp | 22.4%-11.2pp | 45.8% |
| Net Margin | -32.2%+8.7pp | 4.6%+2.0pp | 2.5%+7.2pp | 2.4% | -40.9% | 2.6% | -4.7% | 169.3% |
| Return on Equity | -2.3%+2.9pp | 0.9%+0.1pp | 0.5%+4.0pp | 1.8%-2.0pp | -5.2%+114.9pp | 0.8%-26.3pp | -3.6%-17.9pp | 3.8%-59.8pp |
| Return on Assets | -2.1%+1.1pp | 0.8%+0.2pp | 0.4%+1.6pp | 1.1%-1.3pp | -3.2%+86.9pp | 0.7%-13.7pp | -1.2%-9.1pp | 2.4%-24.1pp |
| Current Ratio | 11.44+9.1x | 14.59+8.9x | 8.27+5.9x | 2.35-0.1x | 2.37-1.9x | 5.68+3.6x | 2.37+0.1x | 2.41+0.7x |
| Debt-to-Equity | 0.09-0.5x | 0.09-0.1x | 0.14-2.0x | 0.650.0x | 0.63+0.3x | 0.21-0.7x | 2.09+1.3x | 0.61-0.8x |
| Asset Turnover | 0.070.0x | 0.18-0.1x | 0.16-0.1x | 0.45+0.4x | 0.08+0.1x | 0.26+0.3x | 0.25+0.2x | 0.010.0x |
Not reported in any period shown, so not listed: Operating Margin, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Where WORLD SCAN PROJ INC Ranks
Frequently Asked Questions
What is WORLD SCAN PROJ INC's annual revenue?
WORLD SCAN PROJ INC (WDSP) reported $25.2M in total revenue for fiscal year 2024. This represents a 8650.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is WORLD SCAN PROJ INC's revenue growing?
WORLD SCAN PROJ INC (WDSP) revenue grew by 8650.0% year-over-year, from $288K to $25.2M in fiscal year 2024.
Is WORLD SCAN PROJ INC profitable?
No, WORLD SCAN PROJ INC (WDSP) reported a net income of -$768K in fiscal year 2024, with a net profit margin of -3.0%.
What is WORLD SCAN PROJ INC's gross margin?
WORLD SCAN PROJ INC (WDSP) had a gross margin of 30.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is WORLD SCAN PROJ INC's net profit margin?
WORLD SCAN PROJ INC (WDSP) had a net profit margin of -3.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is WORLD SCAN PROJ INC's return on equity (ROE)?
WORLD SCAN PROJ INC (WDSP) has a return on equity of -4.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is WORLD SCAN PROJ INC's operating cash flow?
WORLD SCAN PROJ INC (WDSP) recorded an outflow of $16.9M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are WORLD SCAN PROJ INC's total assets?
WORLD SCAN PROJ INC (WDSP) had $27.4M in total assets as of fiscal year 2024, including both current and long-term assets.
What is WORLD SCAN PROJ INC's current ratio?
WORLD SCAN PROJ INC (WDSP) had a current ratio of 2.35 as of fiscal year 2024, which is generally considered healthy.
What is WORLD SCAN PROJ INC's debt-to-equity ratio?
WORLD SCAN PROJ INC (WDSP) had a debt-to-equity ratio of 0.65 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is WORLD SCAN PROJ INC's return on assets (ROA)?
WORLD SCAN PROJ INC (WDSP) had a return on assets of -2.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is WORLD SCAN PROJ INC's Piotroski F-Score?
WORLD SCAN PROJ INC (WDSP) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are WORLD SCAN PROJ INC's earnings high quality?
WORLD SCAN PROJ INC (WDSP) reported a net loss of $768K while operations used $16.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.