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WIDEPOINT CORP (WYY)

For the quarter ending 2025-06-30, WYY made $37,880,202 in revenue. -$618,459 in net income. Net profit margin of -1.63%.

Overview

Revenue
$37,880,202
Net Income
-$618,459
Net Profit Margin
-1.63%
EPS
-$0.06
Unit: Dollar
Revenue Breakdown
    • Carrier Services
    • Managed Services
Revenue Breakdown
    • USFederal Government
    • Commercial Enterprises
    • Us State And Local Governments
    • Foreign Governments
Revenue Breakdown
    • United States Usa
    • Europe

Unit: Dollar
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenues37,880,202 34,217,739 34,620,433 36,040,771
Cost of revenues (including amortization and depreciation of 492,232, 654,122, 978,425, and 1,231,678, respectively)32,762,960 29,439,218 29,928,067 31,147,549
Gross profit5,117,242 4,778,521 4,692,366 4,893,222
Sales and marketing669,797 639,482 530,391 559,926
General and administrative expenses (including share-based compensation of 166,018, 365,958, 364,877 and 783,741, respectively)4,922,649 4,731,782 4,352,980 4,542,769
Depreciation and amortization233,122 223,688 259,980 252,112
Total operating expenses5,825,568 5,594,952 5,143,351 5,354,807
Loss from operations-708,326 -816,431 -450,985 -461,585
Other income (expense), net497 -1,643 99 -1,534
Interest income89,340 53,430 59,882 51,725
Interest expense52,382 55,073 52,911 72,331
Total other income (expense), net37,455 - 7,070 -22,140
Loss before income tax (benefit) provision-670,871 -818,074 -443,915 -483,725
Income tax (benefit) provision-52,412 -94,011 -18,705 15,828
Net loss-618,459 -724,063 -425,210 -499,553
Net loss- - - -499,553
Basic & diluted average shares- - - 9,390,154
Diluted average shares- - - 9,390,154
Basic average shares- - - 150,000
Basic & diluted eps- - -0.04 -0.05
Earnings per share, basic and diluted-0.06 -0.08 -0.04 -0.05
Weighted-average shares outstanding, basic and diluted9,586,166 9,552,971 - -
Unit: Dollar

Income Statement

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Net loss-$618,459 Income tax (benefit)provision-$52,412 (-431.13%↓ Y/Y)Interest income$89,340 (72.72%↑ Y/Y)Carrier Services$22,223,060 Managed Services$15,657,142 Other income(expense), net$497 (132.40%↑ Y/Y)Loss before incometax (benefit)...-$670,871 (-38.69%↓ Y/Y)Total other income(expense), net$37,455 (269.17%↑ Y/Y)Revenues$37,880,202 (5.10%↑ Y/Y)Interest expense$52,382 (-27.58%↓ Y/Y)Loss from operations-$708,326 (-53.46%↓ Y/Y)Gross profit$5,117,242 (4.58%↑ Y/Y)Cost of revenues(including amortization...$32,762,960 (5.19%↑ Y/Y)Total operatingexpenses$5,825,568 (8.79%↑ Y/Y)Depreciation andamortization$233,122 (-7.53%↓ Y/Y)General andadministrative expenses...$4,922,649 (8.36%↑ Y/Y)Sales and marketing$669,797 (19.62%↑ Y/Y)