WANG & LEE GROUP, Inc. Financials
This page shows WANG & LEE GROUP, Inc. (WLGS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
WANG & LEE GROUP, Inc. has an operating margin of -64.5%, meaning the company retains $-65 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -11.3% the prior year.
WANG & LEE GROUP, Inc.'s revenue declined 42.1% year-over-year, from $6.8M to $4.0M. This contraction results in a growth score of 0/100.
WANG & LEE GROUP, Inc. has a moderate D/E ratio of 1.50. This balance of debt and equity financing earns a leverage score of 56/100.
WANG & LEE GROUP, Inc.'s current ratio of 1.44 indicates adequate short-term liquidity, earning a score of 37/100. The company can meet its near-term obligations, though with limited headroom.
WANG & LEE GROUP, Inc. passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, WANG & LEE GROUP, Inc. generates $0.62 in operating cash flow (-$1.6M OCF vs -$2.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
WANG & LEE GROUP, Inc. earns $-19.6 in operating income for every $1 of interest expense (-$2.5M vs $130K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
WANG & LEE GROUP, Inc. generated $4.0M in revenue in fiscal year 2024. This represents a decrease of 42.1% from the prior year.
WANG & LEE GROUP, Inc.'s EBITDA was -$2.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 232.2% from the prior year.
WANG & LEE GROUP, Inc. reported -$2.5M in net income in fiscal year 2024. This represents a decrease of 292.1% from the prior year.
WANG & LEE GROUP, Inc. earned $-0.17 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 325.0% from the prior year.
WANG & LEE GROUP, Inc. held $4.3M in cash against $0 in long-term debt as of fiscal year 2024.
WANG & LEE GROUP, Inc. had 17M shares outstanding in fiscal year 2024. This represents an increase of 15.0% from the prior year.
WANG & LEE GROUP, Inc.'s gross margin was 10.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 25.3 percentage points from the prior year.
WANG & LEE GROUP, Inc.'s operating margin was -64.5% in fiscal year 2024, reflecting core business profitability. This is down 53.2 percentage points from the prior year.
WANG & LEE GROUP, Inc.'s net profit margin was -64.4% in fiscal year 2024, showing the share of revenue converted to profit. This is down 54.9 percentage points from the prior year.
WLGS Income Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A |
WLGS Balance Sheet
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|
| Total Assets | $8.7M-26.0% | $11.8M+280.3% | $3.1M+28.1% | $2.4M |
| Current Assets | $6.8M-39.5% | $11.3M+292.5% | $2.9M+27.1% | $2.3M |
| Cash & Equivalents | $4.3M-17.4% | $5.2M+754.7% | $610K+13.4% | $538K |
| Inventory | N/A | N/A | N/A | N/A |
| Accounts Receivable | $1.8M-53.9% | $4.0M+274.2% | $1.1M+56.8% | $681K |
| Goodwill | N/A | N/A | N/A | N/A |
| Total Liabilities | $5.2M-9.6% | $5.8M+20.1% | $4.8M+36.1% | $3.5M |
| Current Liabilities | $4.8M-6.9% | $5.1M+22.7% | $4.2M+49.5% | $2.8M |
| Long-Term Debt | N/A | N/A | N/A | N/A |
| Total Equity | $3.5M-41.8% | $6.0M+450.7% | -$1.7M-53.5% | -$1.1M |
| Retained Earnings | -$5.4M-88.6% | -$2.9M-29.2% | -$2.2M-36.7% | -$1.6M |
WLGS Cash Flow Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A |
WLGS Financial Ratios
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 |
|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A |
| Current Ratio | 1.44-0.8 | 2.21+1.5 | 0.69-0.1 | 0.81 |
| Debt-to-Equity | 1.50+0.5 | 0.96+3.8 | -2.81+0.4 | -3.17 |
| FCF Margin | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is WANG & LEE GROUP, Inc.'s annual revenue?
WANG & LEE GROUP, Inc. (WLGS) reported $4.0M in total revenue for fiscal year 2024. This represents a -42.1% 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 WANG & LEE GROUP, Inc.'s revenue growing?
WANG & LEE GROUP, Inc. (WLGS) revenue declined by 42.1% year-over-year, from $6.8M to $4.0M in fiscal year 2024.
Is WANG & LEE GROUP, Inc. profitable?
No, WANG & LEE GROUP, Inc. (WLGS) reported a net income of -$2.5M in fiscal year 2024, with a net profit margin of -64.4%.
What is WANG & LEE GROUP, Inc.'s earnings per share (EPS)?
WANG & LEE GROUP, Inc. (WLGS) reported diluted earnings per share of $-0.17 for fiscal year 2024. This represents a -325.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is WANG & LEE GROUP, Inc.'s EBITDA?
WANG & LEE GROUP, Inc. (WLGS) had EBITDA of -$2.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is WANG & LEE GROUP, Inc.'s gross margin?
WANG & LEE GROUP, Inc. (WLGS) had a gross margin of 10.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is WANG & LEE GROUP, Inc.'s operating margin?
WANG & LEE GROUP, Inc. (WLGS) had an operating margin of -64.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is WANG & LEE GROUP, Inc.'s net profit margin?
WANG & LEE GROUP, Inc. (WLGS) had a net profit margin of -64.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is WANG & LEE GROUP, Inc.'s operating cash flow?
WANG & LEE GROUP, Inc. (WLGS) generated -$1.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are WANG & LEE GROUP, Inc.'s total assets?
WANG & LEE GROUP, Inc. (WLGS) had $8.7M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does WANG & LEE GROUP, Inc. have outstanding?
WANG & LEE GROUP, Inc. (WLGS) had 17M shares outstanding as of fiscal year 2024.
What is WANG & LEE GROUP, Inc.'s current ratio?
WANG & LEE GROUP, Inc. (WLGS) had a current ratio of 1.44 as of fiscal year 2024, which is considered adequate.
What is WANG & LEE GROUP, Inc.'s debt-to-equity ratio?
WANG & LEE GROUP, Inc. (WLGS) had a debt-to-equity ratio of 1.50 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is WANG & LEE GROUP, Inc.'s return on assets (ROA)?
WANG & LEE GROUP, Inc. (WLGS) had a return on assets of -29.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is WANG & LEE GROUP, Inc.'s cash runway?
Based on fiscal year 2024 data, WANG & LEE GROUP, Inc. (WLGS) had $4.3M in cash against an annual operating cash burn of $1.6M. This gives an estimated cash runway of approximately 33 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is WANG & LEE GROUP, Inc.'s Piotroski F-Score?
WANG & LEE GROUP, Inc. (WLGS) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are WANG & LEE GROUP, Inc.'s earnings high quality?
WANG & LEE GROUP, Inc. (WLGS) has an earnings quality ratio of 0.62x, considered low quality (accrual-driven). 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.
Can WANG & LEE GROUP, Inc. cover its interest payments?
WANG & LEE GROUP, Inc. (WLGS) has an interest coverage ratio of -19.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is WANG & LEE GROUP, Inc.?
WANG & LEE GROUP, Inc. (WLGS) scores 23 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.