Wytec International Revenue

Wytec International revenue was $405.47 k in FY, 2019

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Summary - Funding Rounds

Founding Date

2011

Total Funding

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

Wytec International Income Statement

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%

R&D expense

10.9k23.7k4.5k

General and administrative expense

3.3m2.9m2.8m

Operating expense total

3.5m3.1m2.9m

Depreciation and amortization

210.4k184.4k136.2k

EBIT

(3.5m)(3.0m)(2.7m)

EBIT margin, %

(7180%)(978%)(668%)

Interest expense

Interest income

190.0192.0404.0

Net Income

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

Wytec International Balance Sheet

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

PP&E

307.7k191.5k80.3k

Total Assets

4.1m2.1m1.2m

Accounts Payable

388.8k228.5k68.6k

Short-term debt

150.9k

Current Liabilities

2.1m1.5m1.2m

Long-term debt

237.0k

Non-Current Liabilities

237.0k

Total Debt

388.0k

Total Liabilities

2.1m1.5m1.4m

Common Stock

28.0k29.1k29.6k

Additional Paid-in Capital

21.7m23.1m25.2m

Retained Earnings

(14.1m)(17.3m)(20.1m)

Total Equity

2.0m543.0k(234.6k)

Debt to Equity Ratio

-1.7 x

Debt to Assets Ratio

0.3 x

Financial Leverage

2.1 x3.9 x-5.1 x

Wytec International Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019

Net Income

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

Depreciation and Amortization

210.4k184.4k136.2k

Accounts Receivable

732.0(22.8k)(70.3k)

Accounts Payable

216.3k(160.4k)(159.8k)

Cash From Operating Activities

(2.9m)(3.0m)(2.6m)

Purchases of PP&E

(31.6k)(68.1k)(25.0k)

Capital Expenditures

(2.6k)

Cash From Investing Activities

(31.6k)(70.7k)(25.0k)

Cash From Financing Activities

3.6m1.3m1.5m

Net Change in Cash

729.7k(1.8m)(1.1m)

Interest Paid

38.0

Free Cash Flow

(3.0m)

Quarterly

USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(2.6m)(626.0k)(1.4m)(2.1m)(626.0k)(1.5m)(2.0m)(874.2k)

Depreciation and Amortization

157.5k53.6k107.6k161.7k49.5k99.0k126.5k9.5k

Accounts Receivable

370.0592.0(179.3k)(11.0)(416.0)(51.8k)(106.1k)5.9k

Inventories

(39.6k)

Accounts Payable

(53.5k)(295.6k)(176.0k)(280.5k)(149.9k)53.4k(20.9k)113.7k

Cash From Operating Activities

(2.4m)(865.8k)(1.6m)(2.2m)(755.5k)(1.4m)(2.1m)(597.8k)

Purchases of PP&E

(25.3k)(2.1k)(43.3k)(45.3k)(5.5k)

Capital Expenditures

(11.5k)(14.4k)(18.7k)

Cash From Investing Activities

(25.3k)(13.6k)(57.7k)(64.0k)(11.4k)(5.5k)

Cash From Financing Activities

1.9m430.4k499.9k517.2k90.1k689.8k1.1m725.0k

Net Change in Cash

(527.5k)(449.1k)(1.2m)(1.8m)(676.8k)(710.9k)(986.0k)121.7k

Interest Paid

38.0

Income Taxes Paid

Free Cash Flow

(877.3k)(1.6m)(2.2m)

Wytec International Ratios

USDQ3, 2017

Financial Leverage

2.6 x