Metro One Teleco Financials
Metro One Teleco (WOWI) reported $75K in revenue for fiscal year 2022, down 56.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
WOWI’s dominant mechanic is development spending funded by external capital while minimal revenue leaves operations dependent on cash funding.
R&D was 10.9x FY2022 revenue, making development spending the central operating commitment rather than a support cost. That structure aligns with operating cash flow of-$1.8M and free cash flow of-$1.8M , so reported operating income did not translate into cash and the business required financing to fund operations.
Assets were 79.5x FY2022 revenue, making asset-based analysis more informative than sales margins for understanding resource intensity. Debt-to-equity reached 0.6x from 0.0x, indicating that the balance sheet—not current sales—carried increasing financial weight.
Current ratio fell from 2.7x to 1.0x, removing most of the prior liquidity cushion. Long-term debt moved from
Financial Health Signals
Metro One Teleco 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.
Metro One Teleco scores -31.35, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($5K) relative to total liabilities ($2.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Metro One Teleco 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.
Metro One Teleco reported a net loss of $3.9M while operations used $1.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Metro One Teleco generated $75K in revenue in fiscal year 2022. This represents a decrease of 56.2% from the prior year.
Metro One Teleco's EBITDA was $3.2M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 56.0% from the prior year.
Metro One Teleco reported -$3.9M in net income in fiscal year 2022. This represents a decrease of 17.5% from the prior year.
Not reported for fiscal year 2022.
Cash & Balance Sheet
Metro One Teleco recorded an outflow of $1.8M in free cash flow in fiscal year 2022, representing a cash shortfall after capex. This represents a decrease of 124.0% from the prior year.
Metro One Teleco held $232K in cash against $2.0M in long-term debt as of fiscal year 2022.
Not reported for fiscal year 2022.
Margins & Returns
Metro One Teleco's gross margin was 33.9% in fiscal year 2022, indicating the percentage of revenue retained after direct costs. This is down 66.1 percentage points from the prior year.
Metro One Teleco's ROE was -120.3% in fiscal year 2022, measuring profit generated per dollar of shareholder equity. This is down 56.6 percentage points from the prior year.
Not shown for fiscal year 2022: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2022: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Metro One Teleco invested $817K in research and development in fiscal year 2022.
Metro One Teleco invested $18K in capex in fiscal year 2022, funding long-term assets and infrastructure. This represents an increase of 151.4% from the prior year.
Not reported for fiscal year 2022.
WOWI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0-100.0% | $17K-5.3% | $18K-1.2% | $18K-2.6% | $19K-2.2% | $19K-1.4% | $19K | N/A |
| Cost of Revenue | $0 | N/A | N/A | N/A | $2K | N/A | N/A | N/A |
| Gross Profit | $0 | N/A | N/A | N/A | $16K | N/A | N/A | N/A |
| R&D Expenses | N/A | $174K-51.2% | $356K-56.4% | $817K | $0 | $0 | $0 | N/A |
| SG&A Expenses | N/A | $372K-57.7% | $879K+65.1% | $532K+127.0% | $235K-41.1% | $398K-11.7% | $451K | N/A |
| Operating Income | N/A | -$655K+53.3% | -$1.4M-133.5% | $4.2M+1340.2% | -$338K+35.1% | -$520K+14.1% | -$606K | N/A |
| Net Income | N/A | -$706K+51.4% | -$1.5M+13.5% | -$1.7M-58.6% | -$1.1M-89.2% | -$559K+11.8% | -$634K | N/A |
Not reported in any period shown, so not listed: Interest Expense, Income Tax, EPS (Diluted).
WOWI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21K-99.6% | $5.1M-6.2% | $5.4M-9.3% | $5.9M | N/A | N/A | N/A | $6.0M |
| Current Assets | $21K-92.0% | $259K-12.8% | $297K-46.3% | $552K | N/A | N/A | N/A | $1.6M |
| Cash & Equivalents | $367-91.6% | $4K-61.4% | $11K-95.1% | $232K-46.3% | $432K+242.1% | $126K-83.1% | $749K-33.6% | $1.1M |
| Accounts Receivable | $0-100.0% | $22K-1.1% | $22K-20.8% | $28K | N/A | N/A | N/A | $19K |
| Total Liabilities | $2.7M-20.1% | $3.4M+15.5% | $3.0M+10.9% | $2.7M | N/A | N/A | N/A | $799K |
| Current Liabilities | $2.7M-16.1% | $3.3M+45.4% | $2.2M+315.5% | $541K | N/A | N/A | N/A | $582K |
| Long-Term Debt | $0-100.0% | $13K-97.6% | $550K-71.9% | $2.0M | N/A | N/A | N/A | $0 |
| Total Equity | -$2.7M-266.9% | $1.6M-32.7% | $2.4M-25.8% | $3.3M-27.2% | $4.5M-5.4% | $4.7M-7.6% | $5.1M-2.3% | $5.2M |
| Retained Earnings | -$146.0M-3.1% | -$141.7M-0.5% | -$141.0M-1.0% | -$139.5M | N/A | N/A | N/A | -$135.6M |
Not reported in any period shown, so not listed: Inventory, Goodwill.
WOWI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | -$103K+80.6% | -$535K+43.6% | -$948K-560.3% | -$144K+62.2% | -$380K-15.2% | -$330K | N/A |
| Capital Expenditures | $0 | $0 | $0-100.0% | $787+470.3% | $138-98.5% | $9K+4.5% | $9K | N/A |
| Free Cash Flow | N/A | -$103K+80.6% | -$535K+43.7% | -$949K-560.2% | -$144K+63.0% | -$389K-14.9% | -$339K | N/A |
| Investing Cash Flow | -$5K | $0 | $0-100.0% | $48K+123.3% | -$205K+50.8% | -$417K+6.9% | -$448K | N/A |
| Financing Cash Flow | N/A | $100K-68.7% | $319K-42.0% | $550K-32.8% | $819K+381.8% | $170K-57.5% | $400K | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
WOWI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | 87.8% | N/A | N/A | N/A |
| Operating Margin | N/A | -3884.6% | -7871.2% | 23211.2% | -1822.0% | -2748.0% | -3152.9% | N/A |
| Net Margin | N/A | -4186.8% | -8147.5% | -9299.7% | -5708.0% | -2951.1% | -3298.5% | N/A |
| Return on Equity | N/A | -43.3%+16.6pp | -59.9%-8.5pp | -51.4%-27.8pp | -23.6%-11.8pp | -11.8%+0.6pp | -12.4% | N/A |
| Return on Assets | N/A | -14.0%+13.0pp | -26.9%+1.3pp | -28.2% | N/A | N/A | N/A | N/A |
| Current Ratio | 0.01-0.1x | 0.08-0.1x | 0.13-0.9x | 1.02 | N/A | N/A | N/A | 2.68 |
| Debt-to-Equity | N/A | 0.01-0.2x | 0.23-0.4x | 0.60 | N/A | N/A | N/A | 0.00 |
| FCF Margin | N/A | -613.4% | -3000.6% | -5263.0% | -776.1% | -2053.8% | -1762.5% | N/A |
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: Operating Margin, Net Margin, FCF Margin.
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Where Metro One Teleco Ranks
Frequently Asked Questions
What is Metro One Teleco's annual revenue?
Metro One Teleco (WOWI) reported $75K in total revenue for fiscal year 2022. This represents a -56.2% 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 Metro One Teleco's revenue growing?
Metro One Teleco (WOWI) revenue declined by 56.2% year-over-year, from $171K to $75K in fiscal year 2022.
Is Metro One Teleco profitable?
No, Metro One Teleco (WOWI) reported a net income of -$3.9M in fiscal year 2022.
What is Metro One Teleco's EBITDA?
Metro One Teleco (WOWI) had EBITDA of $3.2M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Metro One Teleco have?
As of fiscal year 2022, Metro One Teleco (WOWI) had $232K in cash and equivalents against $2.0M in long-term debt.
What is Metro One Teleco's gross margin?
Metro One Teleco (WOWI) had a gross margin of 33.9% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.
What is Metro One Teleco's return on equity (ROE)?
Metro One Teleco (WOWI) has a return on equity of -120.3% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is Metro One Teleco's free cash flow?
Metro One Teleco (WOWI) recorded an outflow of $1.8M in free cash flow during fiscal year 2022. This represents a -124.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Metro One Teleco's operating cash flow?
Metro One Teleco (WOWI) recorded an outflow of $1.8M in operating cash flow during fiscal year 2022, representing cash used by core business activities.
What are Metro One Teleco's total assets?
Metro One Teleco (WOWI) had $5.9M in total assets as of fiscal year 2022, including both current and long-term assets.
What are Metro One Teleco's capital expenditures?
Metro One Teleco (WOWI) invested $18K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
How much does Metro One Teleco spend on research and development?
Metro One Teleco (WOWI) invested $817K in research and development during fiscal year 2022.
What is Metro One Teleco's current ratio?
Metro One Teleco (WOWI) had a current ratio of 1.02 as of fiscal year 2022, which is considered adequate.
What is Metro One Teleco's debt-to-equity ratio?
Metro One Teleco (WOWI) had a debt-to-equity ratio of 0.60 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Metro One Teleco's return on assets (ROA)?
Metro One Teleco (WOWI) had a return on assets of -66.1% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
How does Metro One Teleco's liquidity compare with its operating cash outflow?
At the end of fiscal year 2022, Metro One Teleco (WOWI) held $232K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.8M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Metro One Teleco's Altman Z-Score?
Metro One Teleco (WOWI) has an Altman Z-Score of -31.35, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Metro One Teleco's Piotroski F-Score?
Metro One Teleco (WOWI) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Metro One Teleco's earnings high quality?
Metro One Teleco (WOWI) reported a net loss of $3.9M while operations used $1.8M 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.