Wytec International

Wytec International provides carrier-class 3G/4G WiFi data offload network services for mobile operators. The Company offers 5G-1/5G-2, which are high performance, rugged outdoor MIMO WiFi access point/bridge tailored design for 2.4GHz and 5GHz unlicensed spectrum; and wireless access controllers. It also provides Municipal Wi-Fi Rescue and Restoration Program that works in conjunction with existing municipal governments and national mobile carriers to combine key ‘location’ assets and turn a downward financial spiral into a functional community communications network for various struggling municipalities.

TypeSubsidiary
HQSan Antonio, US
Founded2011
Websitewytecintl.com
Cybersecurity ratingCMore
Wytec International was founded in 2011 and is headquartered in San Antonio, US

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Key People/Management at Wytec International

William H. Gray

William H. Gray

CEO, Founder
Angus Davis

Angus Davis

Chief Strategy Officer
Robert W. Merola

Robert W. Merola

Chief Technology Officer
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Wytec International Office Locations

Wytec International has an office in San Antonio
San Antonio, US (HQ)
19206 Huebner Rd #202
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Wytec International Financials and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$17.3 m
In total, Wytec International had raised $17.3 m

Wytec International Revenue

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Wytec International's revenue was reported to be $405.47 k in FY, 2019
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

48.6k305.7k405.5k

Cost of goods sold

550.0201.3k219.1k

Gross profit

48.1k104.4k186.4k

Gross profit Margin, %

99%34%46%
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

12.1k11.3k177.3k70.6k37.7k90.1k131.9k

Cost of goods sold

144.081.3k88.8k12.7k93.2k67.7k

Gross profit

12.1k11.2k96.0k(18.2k)25.0k(3.2k)64.2k

Gross profit Margin, %

100%99%54%(26%)66%(4%)49%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

3.5m1.7m619.1k

Accounts Receivable

702.023.5k93.8k

Prepaid Expenses

14.0k10.4k13.3k

Current Assets

3.5m1.8m726.2k
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

2.2m3.0m2.3m1.7m1.0m1.0m735.1k

Accounts Receivable

1.1k110.0180.0k713.023.9k75.2k129.6k

Prepaid Expenses

21.1k12.5k13.4k5.7k39.1k36.9k61.7k

Current Assets

2.3m3.1m2.5m1.7m1.1m1.1m1.1m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(3.7m)(3.1m)(2.9m)

Depreciation and Amortization

210.4k184.4k136.2k

Accounts Payable

216.3k(160.4k)(159.8k)

Cash From Operating Activities

(2.9m)(3.0m)(2.6m)
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(2.6m)(626.0k)(1.4m)(2.1m)(626.0k)(1.5m)(2.0m)

Depreciation and Amortization

157.5k53.6k107.6k161.7k49.5k99.0k126.5k

Accounts Payable

(53.5k)(295.6k)(176.0k)(280.5k)(149.9k)53.4k(20.9k)

Cash From Operating Activities

(2.4m)(865.8k)(1.6m)(2.2m)(755.5k)(1.4m)(2.1m)
USDQ3, 2017

Financial Leverage

2.6 x
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Wytec International Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Wytec International Online and Social Media Presence

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Wytec International Blogs

Could COVID-19 supercharge operators’ telecom and 5G investments?

” ‘Once this crisis passes we believe the heavy demand on wireless and wired networks will shine the light on the need for additional spectrum allocation and continued programs to support pushout of broadband into rural areas to lessen the digital divide,’ wrote the analysts at Wall Street research …

Enterprises could tap CBRS, leave carriers in the dust

As the CBRS auction is soon to come,  all major wireless carriers and some cable companies are confirmed their spots to participate. Citizens Broadband Radio Service is an FCC designated 3.5Ghz to 3.7GHz band of radio-frequency spectrum that allow for spectrum sharing between users. One very excitin…

Mobile Virtual Network Operator Market Worth $109.9 Billion By 2027

“The presence of a large number of players in the MVNO market has led to increased competition among service providers. This has led companies to offer mobile services at cheaper rates, which is expected to strengthen the market growth.” The post Mobile Virtual Network Operator Market Worth $109.9 B…

Ways 5G is Combatting the Coronavirus

The Coronavirus (COVID-19) has nearly had an impact on every industry as businesses and organizations are either having to momentarily shut down, rethink overall strategy, or move operations entirely remotely. The fact of matter is everyone’s having to make some sort of adjustment one way or another…

Smart Forest Cities: A Step Towards Reversing Climate Change

Forest smart cities are a concept that is being developed by Stefano Boeri Architetti (SBA), an urban architecture company based out of Milan, Italy. His plans combine sustainable energy, biodiversity, and smart city technology. Cities, which largely contribute towards climate change, can now play a…

Americans need reliable internet connection now more than ever

  The current coronavirus pandemic has led to officials on all levels to urge Americans to stay at home as much as possible. As a product of this, academic institutions have resorted to online learning. Many businesses are allowing their employees to work from home if possible. Even the entertainmen…
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Wytec International Frequently Asked Questions

  • When was Wytec International founded?

    Wytec International was founded in 2011.

  • Who are Wytec International key executives?

    Wytec International's key executives are William H. Gray, Angus Davis and Robert W. Merola.

  • How many employees does Wytec International have?

    Wytec International has 14 employees.

  • What is Wytec International revenue?

    Latest Wytec International annual revenue is $405.5 k.

  • What is Wytec International revenue per employee?

    Latest Wytec International revenue per employee is $29 k.

  • Who are Wytec International competitors?

    Competitors of Wytec International include Iliad, MacStadium and Zoom Telephonics.

  • Where is Wytec International headquarters?

    Wytec International headquarters is located at 19206 Huebner Rd #202, San Antonio.

  • Where are Wytec International offices?

    Wytec International has an office in San Antonio.

  • How many offices does Wytec International have?

    Wytec International has 1 office.