World Scan Proj (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.
Revenue returned sharply, but inventory absorbed operating cash, leaving the business dependent on financing inflows.
FY2024 revenue reached$25.2M , but operating cash flow was-$16.9M , so the rebound did not convert into cash. Inventory was$17.0M while financing inflow was$13.7M , indicating funds were tied up in stock as financing activity supported operations.
Revenue recovered from
Despite negative operating cash flow, the current ratio was 2.4 and liabilities were
Financial Health Signals
We do not publish a peer-relative financial health score for World Scan Proj Inc, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. 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 operating efficiency signals passes.
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 a net loss of $511K in Q3 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 340.6%.
World Scan Proj Inc earned -$0.02 per diluted share (EPS) in Q3 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. 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; no long-term debt figure is on record 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 quarterly ROE was -2.3% in Q3 2025: one quarter's net income over shareholder equity, not annualized. 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 | Q4'24Filing | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q/A | Q4'23Filing |
|---|---|---|---|---|---|---|---|---|
| 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% | $89Kn/m |
| R&D Expenses | $513K-18.6% | $165K+24.7% | $160K-10.7% | N/A | $631K-96.6% | $132K | $180K | $286K |
| 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 | -$191Kn/m | $184Kn/m | -$25Kn/m | $297K+41.5% | -$215Kn/m | -$15K-100.7% | -$64K-104.0% | $210K-93.9% |
| Net Income | -$511Kn/m | $212K+92.6% | $102Kn/m | $289K-12.5% | -$860Kn/m | $110K-97.8% | -$308K-115.2% | $331K-95.1% |
| EPS (Basic) | -$0.04n/m | $0.02 | $0.01n/m | $0.03 | -$0.08n/m | $0.01 | -$0.03 | $0.03 |
| EPS (Diluted) | -$0.02n/m | $0.01 | $0.00n/m | $0.06 | -$0.04n/m | $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 | Q4'24Filing | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q/A | Q4'23Filing |
|---|---|---|---|---|---|---|---|---|
| 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 | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| 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 | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| 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 | Q4'24Filing | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q/A | Q4'23Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.1Mn/m | -$1.5M-25633.3% | -$5.3Mn/m | -$5.4M-195.1% | -$860Kn/m | $6K-99.3% | -$10.6Mn/m | $5.7M+27.1% |
| Investing Cash Flow | N/A | N/A | N/A | $479Kn/m | -$178K | $12K | -$439K | -$1.6M-9085.3% |
| Financing Cash Flow | $0-100.0% | $0n/m | $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 | Q4'24Filing | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q/A | Q4'23Filing |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Liabilities-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, Debt-to-Equity, 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
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.
World Scan Proj Inc (WDSP) revenue grew by 8650.0% year-over-year, from $288K to $25.2M in fiscal year 2024.
Yes, World Scan Proj Inc (WDSP) reported a net income of $93K over the trailing 12 months to July 31, 2025. In fiscal year 2024 it reported a net loss of $768K, with a net profit margin of -3.0%.
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.
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.
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.
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.
World Scan Proj Inc (WDSP) had $27.4M in total assets as of fiscal year 2024, including both current and long-term assets.
World Scan Proj Inc (WDSP) had a current ratio of 2.35 as of fiscal year 2024, which is generally considered healthy.
World Scan Proj Inc (WDSP) had a liabilities-to-equity ratio of 0.65 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2024, because the filing data we hold for that year carries no long-term debt figure.
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.
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.
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.