This page shows WYTEC INTL INC (WYTC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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
WYTEC INTL INC has an operating margin of -2354.2%, meaning the company retains $-2354 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 -1208.3% the prior year.
WYTEC INTL INC's revenue declined 48.7% year-over-year, from $256K to $131K. This contraction results in a growth score of 0/100.
WYTEC INTL INC's current ratio of 0.09 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
While WYTEC INTL INC generated -$1.7M in operating cash flow, capex of $2K consumed most of it, leaving -$1.7M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
WYTEC INTL INC passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, WYTEC INTL INC generates $0.46 in operating cash flow (-$1.7M OCF vs -$3.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
WYTEC INTL INC earns $-37.3 in operating income for every $1 of interest expense (-$3.1M vs $83K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
WYTEC INTL INC generated $131K in revenue in fiscal year 2024. This represents a decrease of 48.7% from the prior year.
WYTEC INTL INC's EBITDA was -$3.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.4% from the prior year.
WYTEC INTL INC reported -$3.7M in net income in fiscal year 2024. This represents a decrease of 10.9% from the prior year.
WYTEC INTL INC earned $-0.25 per diluted share (EPS) in fiscal year 2024. This represents an increase of 7.4% from the prior year.
Cash & Balance Sheet
WYTEC INTL INC generated -$1.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 8.2% from the prior year.
WYTEC INTL INC held $111K in cash against $1.3M in long-term debt as of fiscal year 2024.
WYTEC INTL INC had 17M shares outstanding in fiscal year 2024. This represents an increase of 26.1% from the prior year.
Margins & Returns
WYTEC INTL INC's gross margin was 57.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 24.4 percentage points from the prior year.
WYTEC INTL INC's operating margin was -2354.2% in fiscal year 2024, reflecting core business profitability. This is down 1145.9 percentage points from the prior year.
WYTEC INTL INC's net profit margin was -2801.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1506.5 percentage points from the prior year.
Capital Allocation
WYTEC INTL INC invested $380K in research and development in fiscal year 2024. This represents an increase of 188.4% from the prior year.
WYTEC INTL INC invested $2K in capex in fiscal year 2024, funding long-term assets and infrastructure.
WYTC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2K-87.7% | $19K+635.8% | $3K-11.1% | $3K-96.7% | $88K+245.0% | $26K+74.8% | $15K+37.9% | $11K |
| Cost of Revenue | $0-100.0% | $10K | $0-100.0% | $1-100.0% | $31K+24.0% | $25K+9287.8% | $263-95.0% | $5K |
| Gross Profit | $2K-74.8% | $9K+259.2% | $3K-11.0% | $3K-94.9% | $57K+6868.1% | $824-94.3% | $14K+168.0% | $5K |
| R&D Expenses | $0-100.0% | $29K+194.8% | $10K-86.2% | $71K-52.8% | $151K+16.1% | $130K+357.3% | $28K | N/A |
| SG&A Expenses | $460K-28.3% | $642K+20.2% | $534K+17.6% | $454K-16.9% | $547K+27.9% | $427K-67.8% | $1.3M-28.8% | $1.9M |
| Operating Income | -$458K+30.7% | -$662K-22.1% | -$542K-2.9% | -$526K+18.4% | -$645K-14.3% | -$565K+58.2% | -$1.3M+32.5% | -$2.0M |
| Interest Expense | $65K+117.1% | $30K+1.8% | $29K+10.8% | $27K+42.2% | $19K+10.9% | $17K-18.6% | $21K-68.8% | $66K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$523K+24.3% | -$692K-21.1% | -$571K+45.9% | -$1.1M-59.2% | -$664K-14.2% | -$581K+57.6% | -$1.4M+33.2% | -$2.1M |
| EPS (Diluted) | $-0.03+25.0% | $-0.04-33.3% | $-0.03 | N/A | $-0.040.0% | $-0.04+60.0% | $-0.10 | N/A |
WYTC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $202K+8.5% | $186K-57.5% | $438K+35.5% | $324K-61.9% | $850K-12.1% | $967K-18.3% | $1.2M-3.1% | $1.2M |
| Current Assets | $168K+25.5% | $134K-63.6% | $368K+55.5% | $237K+66.2% | $143K-39.9% | $237K-44.8% | $430K-27.7% | $595K |
| Cash & Equivalents | $129K+32.6% | $97K-71.1% | $337K+204.2% | $111K+9.1% | $101K-51.1% | $207K-47.6% | $396K-29.9% | $565K |
| Inventory | $30K0.0% | $30K0.0% | $30K0.0% | $30K0.0% | $30K0.0% | $30K0.0% | $30K-0.9% | $30K |
| Accounts Receivable | N/A | N/A | N/A | N/A | $6K | N/A | N/A | $0 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.9M+12.5% | $3.4M+9.1% | $3.1M+20.7% | $2.6M+18.6% | $2.2M+20.5% | $1.8M-4.6% | $1.9M-8.8% | $2.1M |
| Current Liabilities | $3.9M+12.5% | $3.4M+9.1% | $3.1M+21.3% | $2.6M+35.3% | $1.9M+8.0% | $1.8M-3.8% | $1.8M-12.0% | $2.1M |
| Long-Term Debt | N/A | N/A | N/A | $1.3M+32.1% | $1.0M | N/A | N/A | $1.1M |
| Total Equity | -$3.7M-12.7% | -$3.2M-19.8% | -$2.7M-18.7% | -$2.3M-69.3% | -$1.3M-57.1% | -$859K-17.7% | -$730K+16.7% | -$876K |
| Retained Earnings | -$36.6M-1.5% | -$36.0M-2.0% | -$35.4M-1.6% | -$34.8M-3.1% | -$33.7M-2.0% | -$33.1M-1.8% | -$32.5M-4.4% | -$31.1M |
WYTC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$359K+20.1% | -$449K-33.8% | -$336K-5.6% | -$318K+18.2% | -$389K+28.1% | -$540K-18.2% | -$457K+35.6% | -$711K |
| Capital Expenditures | $0 | $0-100.0% | $1K | $0 | $0 | $0-100.0% | $2K | $0 |
| Free Cash Flow | -$359K+20.1% | -$449K-33.3% | -$337K-6.0% | -$318K+18.2% | -$389K+28.1% | -$540K-17.7% | -$459K+35.4% | -$711K |
| Investing Cash Flow | $0 | $0+100.0% | -$1K | $0 | $0 | $0+100.0% | -$2K+99.7% | -$600K |
| Financing Cash Flow | $391K+86.3% | $210K-62.8% | $563K+72.1% | $327K+15.7% | $283K-19.6% | $352K+21.0% | $291K-79.6% | $1.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
WYTC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0%+51.2pp | 48.8%-51.2pp | 100.0%+0.0pp | 100.0%+34.8pp | 65.2%+62.0pp | 3.2%-95.0pp | 98.2%+47.7pp | 50.5% |
| Operating Margin | -19432.5%-15983.1pp | -3449.4%+17336.1pp | -20785.5%-2826.5pp | -17958.9%-17226.0pp | -732.9%+1480.0pp | -2212.9%+7032.5pp | -9245.4%+9651.6pp | -18897.0% |
| Net Margin | -22189.3%-18583.7pp | -3605.6%+18309.2pp | -21914.8%+14137.2pp | -36052.0%-35297.9pp | -754.1%+1524.8pp | -2279.0%+7108.3pp | -9387.3%+9998.8pp | -19386.0% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -259.2%+112.3pp | -371.6%-241.2pp | -130.3%+196.2pp | -326.6%-248.5pp | -78.1%-17.9pp | -60.2%+55.6pp | -115.8%+52.3pp | -168.1% |
| Current Ratio | 0.040.0 | 0.04-0.1 | 0.12+0.0 | 0.09+0.0 | 0.07-0.1 | 0.13-0.1 | 0.23-0.1 | 0.28 |
| Debt-to-Equity | -1.060.0 | -1.06+0.1 | -1.16-0.6 | -0.59+0.2 | -0.75+1.4 | -2.13+0.5 | -2.62-1.4 | -1.25 |
| FCF Margin | -15212.8%-12871.5pp | -2341.3%+10584.1pp | -12925.3%-2078.6pp | -10846.7%-10405.1pp | -441.6%+1676.6pp | -2118.2%+1028.0pp | -3146.2%+3566.1pp | -6712.2% |
Note: Shareholder equity is negative (-$2.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is WYTEC INTL INC's annual revenue?
WYTEC INTL INC (WYTC) reported $131K in total revenue for fiscal year 2024. This represents a -48.7% 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 WYTEC INTL INC's revenue growing?
WYTEC INTL INC (WYTC) revenue declined by 48.7% year-over-year, from $256K to $131K in fiscal year 2024.
Is WYTEC INTL INC profitable?
No, WYTEC INTL INC (WYTC) reported a net income of -$3.7M in fiscal year 2024, with a net profit margin of -2801.7%.
What is WYTEC INTL INC's EBITDA?
WYTEC INTL INC (WYTC) had EBITDA of -$3.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does WYTEC INTL INC have?
As of fiscal year 2024, WYTEC INTL INC (WYTC) had $111K in cash and equivalents against $1.3M in long-term debt.
What is WYTEC INTL INC's gross margin?
WYTEC INTL INC (WYTC) had a gross margin of 57.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is WYTEC INTL INC's operating margin?
WYTEC INTL INC (WYTC) had an operating margin of -2354.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is WYTEC INTL INC's net profit margin?
WYTEC INTL INC (WYTC) had a net profit margin of -2801.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is WYTEC INTL INC's free cash flow?
WYTEC INTL INC (WYTC) generated -$1.7M in free cash flow during fiscal year 2024. This represents a 8.2% 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 WYTEC INTL INC's operating cash flow?
WYTEC INTL INC (WYTC) generated -$1.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are WYTEC INTL INC's total assets?
WYTEC INTL INC (WYTC) had $324K in total assets as of fiscal year 2024, including both current and long-term assets.
What are WYTEC INTL INC's capital expenditures?
WYTEC INTL INC (WYTC) invested $2K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does WYTEC INTL INC spend on research and development?
WYTEC INTL INC (WYTC) invested $380K in research and development during fiscal year 2024.
What is WYTEC INTL INC's current ratio?
WYTEC INTL INC (WYTC) had a current ratio of 0.09 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is WYTEC INTL INC's debt-to-equity ratio?
WYTEC INTL INC (WYTC) had a debt-to-equity ratio of -0.59 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is WYTEC INTL INC's return on assets (ROA)?
WYTEC INTL INC (WYTC) had a return on assets of -1135.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is WYTEC INTL INC's cash runway?
Based on fiscal year 2024 data, WYTEC INTL INC (WYTC) had $111K in cash against an annual operating cash burn of $1.7M. This gives an estimated cash runway of approximately 1 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.
Why is WYTEC INTL INC's debt-to-equity ratio negative or unusual?
WYTEC INTL INC (WYTC) has negative shareholder equity of -$2.3M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is WYTEC INTL INC's Piotroski F-Score?
WYTEC INTL INC (WYTC) has a Piotroski F-Score of 3 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 WYTEC INTL INC's earnings high quality?
WYTEC INTL INC (WYTC) has an earnings quality ratio of 0.46x, 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 WYTEC INTL INC cover its interest payments?
WYTEC INTL INC (WYTC) has an interest coverage ratio of -37.3x, 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 WYTEC INTL INC?
WYTEC INTL INC (WYTC) scores 0 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.