WYY RSI Chart
Last 7 days
-3.7%
Last 30 days
-10.9%
Last 90 days
26.1%
Trailing 12 Months
37.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 96.9M | 100.6M | 101.1M | 106.0M |
2022 | 89.1M | 92.2M | 95.2M | 94.1M |
2021 | 37.3M | 54.0M | 70.7M | 87.3M |
2020 | 119.5M | 152.2M | 180.0M | 20.7M |
2019 | 85.5M | 90.1M | 98.4M | 101.7M |
2018 | 77.4M | 76.0M | 78.8M | 83.7M |
2017 | 76.5M | 77.9M | 74.2M | 75.9M |
2016 | 73.7M | 73.8M | 78.9M | 78.4M |
2015 | 61.4M | 66.4M | 68.9M | 70.8M |
2014 | 44.5M | 45.5M | 47.8M | 53.3M |
2013 | 54.0M | 52.9M | 49.9M | 46.8M |
2012 | 44.5M | 47.1M | 51.6M | 55.8M |
2011 | 48.5M | 46.1M | 43.7M | 41.4M |
2010 | 0 | 0 | 0 | 50.8M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Aug 04, 2023 | garfinkle philip n | acquired | - | - | 42,328 | - |
Aug 04, 2023 | dzyak todd | acquired | - | - | 97,143 | coo |
Aug 04, 2023 | sparling ian | acquired | - | - | 97,143 | ceo, soft-ex |
Aug 04, 2023 | bowen julia a | acquired | - | - | 31,746 | - |
Aug 04, 2023 | rice james bernard | acquired | - | - | 31,746 | - |
Aug 04, 2023 | kang jin | acquired | - | - | 97,143 | ceo |
Aug 04, 2023 | holloway jason | acquired | - | - | 97,143 | evp and chief sales and market |
Aug 04, 2023 | george robert j | acquired | - | - | 97,143 | chief financial officer |
Aug 04, 2023 | fitzgerald john j | acquired | - | - | 31,746 | - |
Which funds bought or sold WYY recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 11, 2024 | VANGUARD GROUP INC | unchanged | - | 226,632 | 876,310 | -% |
Feb 14, 2024 | CITADEL ADVISORS LLC | added | 20.9 | 22,700 | 58,691 | -% |
Feb 14, 2024 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | added | 2.25 | 55,741 | 202,763 | -% |
Feb 14, 2024 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | added | 64.67 | 33,286 | 60,543 | -% |
Feb 14, 2024 | Empowered Funds, LLC | added | 9.48 | 16,604 | 51,434 | -% |
Feb 14, 2024 | BARTLETT & CO. WEALTH MANAGEMENT LLC | unchanged | - | 6,149 | 26,488 | -% |
Feb 14, 2024 | BANK OF AMERICA CORP /DE/ | new | - | 12.00 | 12.00 | -% |
Feb 14, 2024 | STATE STREET CORP | unchanged | - | 12,092 | 46,755 | -% |
Feb 13, 2024 | RENAISSANCE TECHNOLOGIES LLC | added | 160 | 129,000 | 180,000 | -% |
Unveiling WidePoint Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to WidePoint Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ACN | 214.1B | 64.6B | 30.45 | 3.32 | ||||
IBM | 174.9B | 61.9B | 23.32 | 2.83 | ||||
CTSH | 36.7B | 19.4B | 17.24 | 1.89 | ||||
CDW | 34.6B | 21.4B | 31.34 | 1.62 | ||||
BR | 24.0B | 6.3B | 35.12 | 3.8 | ||||
MID-CAP | ||||||||
CACI | 8.4B | 7.1B | 22.31 | 1.18 | ||||
EXLS | 5.2B | 1.6B | 28.1 | 3.18 | ||||
ASGN | 4.8B | 4.5B | 21.94 | 1.08 | ||||
DXC | 3.9B | 13.9B | -8.28 | 0.28 | ||||
XRX | 2.2B | 6.9B | 2.2K | 0.32 | ||||
SMALL-CAP | ||||||||
CTG | 1.6B | 302.0M | 2.9K | 5.2 | ||||
GDYN | 929.9M | 312.9M | -526.87 | 2.97 | ||||
CNDT | 697.1M | 3.7B | -2.36 | 0.19 | ||||
DMRC | 552.4M | 34.9M | -12.02 | 15.85 | ||||
CSPI | 91.2M | 61.7M | 21.86 | 1.48 |
WidePoint Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 9.8% | 28,256,165 | 25,733,657 | 26,762,857 | 25,273,681 | 23,338,012 | 25,271,572 | 23,057,354 | 22,436,427 | 24,452,552 | 22,251,282 | 19,983,420 | 20,650,843 | 39,078,702 | 57,506,561 | 54,783,790 | 39,665,356 | 28,093,252 | 29,616,940 | 22,093,153 | 21,916,902 | 24,760,579 |
Cost Of Revenue | 10.9% | 24,225,036 | 21,838,836 | 22,853,220 | 21,463,741 | 19,778,361 | 21,472,120 | 19,737,710 | 18,539,702 | 20,456,000 | 18,588,268 | 15,991,159 | 15,934,964 | 23,573,368 | 51,888,205 | 49,726,210 | 34,700,024 | 23,339,895 | 25,302,919 | 18,036,409 | 17,663,059 | 20,275,135 |
Gross Profit | 3.5% | 4,031,129 | 3,894,821 | 3,909,637 | 3,809,940 | 3,559,651 | 3,799,452 | 3,319,644 | 3,896,725 | 3,996,552 | 3,663,014 | 3,992,261 | 4,715,879 | 4,813,940 | 5,618,356 | 5,057,580 | 4,965,332 | 4,753,357 | 4,314,021 | 4,056,744 | 4,253,843 | 4,485,444 |
Operating Expenses | 11.8% | 5,285,053 | 4,727,550 | 4,636,369 | 4,698,341 | 4,298,317 | 4,395,074 | 20,931,027 | 4,584,759 | 4,810,273 | 2,853,996 | 4,054,972 | 4,040,852 | 4,098,256 | 4,469,540 | 4,439,604 | 4,225,551 | 4,475,866 | 4,025,245 | 4,222,931 | 3,768,668 | 3,742,426 |
S&GA Expenses | 30.2% | 637,951 | 490,037 | 542,172 | 521,678 | 468,722 | 527,726 | 562,623 | 575,169 | 503,185 | 489,721 | 533,528 | 482,299 | 439,216 | 500,015 | 439,684 | 492,231 | 444,319 | 406,683 | 415,462 | 393,411 | 376,704 |
R&D Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA Margin | 3.9% | -0.02 | -0.02 | -0.18 | -0.18 | -0.18 | -0.18 | -0.17 | 0.01 | 0.02 | -0.10 | -0.13 | -0.16 | -0.29 | - | - | - | - | - | - | - | - |
Interest Expenses | 5.4% | 55,224 | 52,395 | 56,910 | 58,778 | 94,088 | 62,841 | 62,826 | 63,521 | 65,550 | 67,372 | 69,290 | 71,016 | 75,035 | 69,582 | 76,190 | 82,117 | 79,599 | 78,066 | 75,372 | 77,545 | 8,009 |
Income Taxes | 387.1% | 64,821 | 13,308 | 48,812 | 6,302 | 8,487,983 | -118,181 | -3,240,852 | -51,075 | 2,017,101 | -767,772 | -131,807 | -608,882 | -3,045,124 | 12,483 | 53,100 | 177,200 | 265,834 | 32,364 | 66,452 | 28,000 | 1,147,583 |
Earnings Before Taxes | 100.0% | - | -907,806 | -793,261 | -945,177 | - | -659,064 | -17,000,061 | -443,972 | -604,400 | 767,772 | -131,807 | 608,882 | -9,682,212 | 1,079,446 | 541,727 | 661,088 | 232,039 | 216,074 | -241,309 | 412,101 | 735,462 |
EBT Margin | 4.6% | -0.03 | -0.03 | -0.19 | -0.20 | -0.20 | -0.20 | -0.19 | 0.00 | 0.01 | -0.12 | -0.15 | -0.20 | -0.36 | - | - | - | - | - | - | - | - |
Net Income | -44.6% | -1,331,807 | -921,114 | -842,073 | -951,479 | -8,892,302 | -540,883 | -13,759,209 | -392,897 | -574,481 | 534,884 | -204,731 | 585,424 | 8,284,206 | 1,066,963 | 488,627 | 483,888 | -33,795 | 183,710 | -307,761 | 384,101 | -412,121 |
Net Income Margin | 66.8% | -0.04 | -0.11 | -0.11 | -0.25 | -0.25 | -0.16 | -0.15 | -0.01 | 0.00 | 0.13 | 0.18 | 0.28 | 0.50 | - | - | - | - | - | - | - | - |
Free Cashflow | -266.7% | -1,251,920 | 751,005 | 3,503,730 | -2,585,769 | 2,845,160 | -987,634 | 1,343,595 | 2,622,153 | -4,777,884 | 3,798,703 | -1,385,309 | 883,652 | 361,889 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 6.0% | 51.00 | 48.00 | 52.00 | 48.00 | 49.00 | 58.00 | 60.00 | 71.00 | 75.00 | 75.00 | 72.00 | 82.00 | 101 | 101 | 85.00 | 71.00 | 64.00 | 56.00 | 54.00 | 54.00 | 47.00 |
Current Assets | 14.3% | 33.00 | 29.00 | 31.00 | 28.00 | 28.00 | 29.00 | 30.00 | 29.00 | 33.00 | 41.00 | 38.00 | 48.00 | 67.00 | 67.00 | 58.00 | 43.00 | 37.00 | 28.00 | 26.00 | 25.00 | 24.00 |
Cash Equivalents | -18.2% | 7.00 | 8.00 | 8.00 | 5.00 | 8.00 | 5.00 | 7.00 | 7.00 | 6.00 | 18.00 | 15.00 | 17.00 | 16.00 | 11.00 | 8.00 | 9.00 | 7.00 | 7.00 | 5.00 | 5.00 | 2.00 |
Net PPE | -9.0% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Goodwill | 0% | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 22.00 | 22.00 | 4.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 |
Liabilities | 11.6% | 37.00 | 33.00 | 35.00 | 31.00 | 31.00 | 32.00 | 33.00 | 31.00 | 34.00 | 32.00 | 30.00 | 40.00 | 61.00 | 61.00 | 59.00 | 45.00 | 39.00 | 31.00 | 29.00 | 29.00 | 23.00 |
Current Liabilities | 15.2% | 31.00 | 27.00 | 31.00 | 26.00 | 26.00 | 26.00 | 27.00 | 24.00 | 26.00 | 26.00 | 24.00 | 33.00 | 54.00 | 54.00 | 51.00 | 37.00 | 32.00 | 23.00 | 21.00 | 21.00 | 20.00 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00 |
LT Debt, Current | - | - | - | - | 0.00 | 0.00 | - | - | 1.00 | 0.00 | - | - | - | - | - | - | - | - | - | - | - | 0.00 |
LT Debt, Non Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00 |
Shareholder's Equity | -5.7% | 15.00 | 16.00 | 16.00 | 17.00 | 18.00 | 26.00 | 27.00 | 41.00 | 42.00 | 43.00 | 42.00 | 42.00 | 41.00 | 41.00 | 26.00 | 26.00 | 25.00 | 25.00 | 25.00 | 25.00 | 24.00 |
Retained Earnings | -1.6% | -87.15 | -85.82 | -84.90 | -84.05 | -83.10 | -74.21 | -73.67 | -59.91 | -59.52 | -58.94 | -59.48 | -59.27 | -59.86 | -59.86 | -69.21 | -69.70 | -70.18 | -70.15 | -70.33 | -70.02 | -70.41 |
Additional Paid-In Capital | -100.0% | - | 102 | 101 | 101 | 101 | 101 | 101 | 101 | 101 | 102 | 102 | 102 | 101 | 101 | 96.00 | 96.00 | 95.00 | 95.00 | 95.00 | 95.00 | 95.00 |
Shares Outstanding | 0% | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | - | 21.00 | - | - | - | 660* | - | - | - | 59.00 | - | - | - | 33.00 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -248.6% | -1,209 | 814 | 3,510 | -2,489 | 2,851 | -962 | 1,354 | 2,825 | -4,682 | 3,871 | -1,366 | 955 | 390 | 4,365 | -1,396 | 3,027 | 402 | 1,942 | 1,082 | 2,428 | -1,423 |
Share Based Compensation | 41.9% | 426 | 300 | 95.00 | 140 | 144 | 115 | 89.00 | 180 | 222 | 235 | 244 | 183 | 159 | 160 | 209 | 281 | 181 | 163 | 284 | 89.00 | 90.00 |
Cashflow From Investing | -268.4% | -113 | 67.00 | -215 | -359 | -345 | -912 | -1,166 | -983 | -5,504 | -689 | -608 | -641 | -178 | -294 | -291 | -393 | -155 | -95.06 | -123 | -142 | -95.67 |
Cashflow From Financing | -1.0% | -166 | -164 | -129 | -129 | -153 | -149 | -149 | -1,014 | -1,386 | 26.00 | -159 | 814 | 4,327 | -292 | -147 | -153 | -482 | -118 | -121 | -122 | -3.91 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | -20.23 | - | - | 10.00 | -365 | - | - | - | - |
Consolidated Statements of Operations - USD ($) | 12 Months Ended | |
---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | |
Consolidated Statements of Operations | ||
REVENUES | $ 106,026,360 | $ 94,103,365 |
COST OF REVENUES (including amortization and depreciation of $2,291,144 and $1,455,262, respectively) | 90,380,833 | 79,527,893 |
GROSS PROFIT | 15,645,527 | 14,575,472 |
OPERATING EXPENSES | ||
Sales and marketing | 2,191,838 | 2,134,240 |
General and administrative expenses (including share-based compensation of $960,991 and $528,582, respectively) | 15,882,415 | 14,720,497 |
Impairment charge - goodwill | 0 | 16,277,000 |
Impairment charge - definite-lived intangible assets | 193,336 | 0 |
Depreciation and amortization | 1,079,724 | 1,077,440 |
Total operating expenses | 19,347,313 | 34,209,177 |
LOSS FROM OPERATIONS | (3,701,786) | (19,633,705) |
OTHER INCOME (EXPENSE) INCOME | ||
Interest income | 90,679 | 41,831 |
Interest expense | (239,526) | (259,644) |
Other (expense) income, net | (62,597) | 1,344,102 |
Total other (expense) income, net | (211,444) | 1,126,289 |
LOSS BEFORE INCOME TAX PROVISION | (3,913,230) | (18,507,416) |
INCOME TAX PROVISION | 133,243 | 5,077,875 |
NET LOSS | $ (4,046,473) | $ (23,585,291) |
EARNINGS PER SHARE, BASIC AND DILUTED | $ (0.46) | $ (2.70) |
WEIGHTED-AVERAGE SHARES OUTSTANDING, BASIC AND DILUTED | 8,830,709 | 8,732,203 |
Consolidated Balance Sheets - USD ($) | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
CURRENT ASSETS | ||
Cash | $ 6,921,160 | $ 7,530,864 |
Accounts receivable, net of allowance for credit losses of $81,359 and $51,666, respectively | 8,219,793 | 9,277,109 |
Unbilled accounts receivable | 16,618,639 | 10,244,101 |
Other current assets | 1,083,671 | 935,978 |
Total current assets | 32,843,263 | 27,988,052 |
NONCURRENT ASSETS | ||
Property and equipment, net | 780,800 | 978,218 |
Lease right of use asset | 4,045,222 | 4,723,899 |
Intangible assets, net | 7,336,348 | 7,398,160 |
Goodwill | 5,811,578 | 5,811,578 |
Deferred tax assets, net | 0 | 86,909 |
Other long-term assets | 483,288 | 2,025,845 |
Total assets | 51,300,499 | 49,012,661 |
CURRENT LIABILITIES | ||
Accounts payable | 12,633,658 | 12,515,081 |
Accrued expenses | 16,175,702 | 11,327,269 |
Current portion of deferred revenue | 2,009,343 | 1,704,933 |
Current portion of lease liabilities | 638,258 | 596,529 |
Total current liabilities | 31,456,961 | 26,143,812 |
NONCURRENT LIABILITIES | ||
Lease liabilities, net of current portion | 4,114,516 | 4,745,909 |
Contingent consideration | 6,900 | 6,900 |
Deferred revenue, net of current portion | 1,027,770 | 364,837 |
Deferred tax liabilities, net | 16,923 | 0 |
Total liabilities | 36,623,070 | 31,261,458 |
Commitments and contingencies (Note 18) | 0 | 0 |
STOCKHOLDERS' EQUITY | ||
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 2,045,714 shares issued and none outstanding | 0 | 0 |
Common stock, $0.001 par value; 30,000,000 shares authorized; 8,893,220 and 8,725,476 shares issued and outstanding, respectively | 8,894 | 8,726 |
Additional paid-in capital | 102,151,381 | 101,194,185 |
Accumulated other comprehensive loss | (334,899) | (350,234) |
Accumulated deficit | (87,147,947) | (83,101,474) |
Total stockholders' equity | 14,677,429 | 17,751,203 |
Total liabilities and stockholders' equity | $ 51,300,499 | $ 49,012,661 |
 | Mr. Jin H. Kang |
---|---|
 | www.widepoint.com |
 | 215 |