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).
WYTC’s tiny commercial base and chronic financing dependence show a business still being funded, not yet sustained, by sales.
Across the last three fiscal years, shares outstanding rose to 16.8M while revenue fell to$131K , indicating new capital has mostly replaced missing operating scale rather than financed a growing sales engine. At the same time, the balance sheet ended FY2024 with just$111K of cash against$2.6M of liabilities, so the business currently operates more like a funded project than a cash-funded enterprise.
Over the last three years, gross margin climbed from
The working-capital position is extremely tight at 0.1x, so day-to-day operations appear to rely on continuous external funding rather than internally generated liquidity. That pressure sits on top of negative equity and
Financial Health Signals
We are recalculating WYTEC INTL INC's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
WYTEC INTL INC passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
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 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 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.
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 | N/A | $547K+27.9% | $427K-67.8% | $1.3M-28.8% | $1.9M |
| Operating Income | -$458K+30.7% | -$662K-22.1% | -$542K | N/A | -$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 | N/A | -$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% | N/A | -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% | N/A | -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% | N/A | -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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| 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.
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 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.
Why is WYTEC INTL INC's debt-to-equity ratio negative or not reported?
WYTEC INTL INC (WYTC) has negative shareholder equity of -$2.3M as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 2 out of 5 computable signals; 4 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.