Wytec International Revenue

Wytec International revenue was $305.71 k in FY, 2018

Embed Graph

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, 2018

Revenue

48.6k305.7k

Cost of goods sold

550.0201.3k

Gross profit

48.1k104.4k

Gross profit Margin, %

99%34%

R&D expense

10.9k23.7k

General and administrative expense

3.3m2.9m

Operating expense total

3.3m2.9m

Depreciation and amortization

210.4k184.4k

Interest income

190.0192.0

Net Income

(3.7m)(3.1m)

Quarterly

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

Revenue

12.1k11.3k177.3k70.6k37.7k

Cost of goods sold

144.081.3k88.8k12.7k

Gross profit

11.2k96.0k(18.2k)25.0k

Gross profit Margin, %

99%54%(26%)66%

R&D expense

2.5k5.3k16.0k2.3k

General and administrative expense

1.2m578.3k761.5k695.7k601.5k

Operating expense total

1.2m637.2k831.5k752.1k651.0k

Depreciation and amortization

52.6k53.6k54.0k54.1k49.5k

EBIT

(735.5k)(770.3k)

EBIT margin, %

(415%)(1092%)

Interest income

48.047.049.048.047.0

Net Income

(1.2m)(626.0k)(735.5k)(770.2k)(626.0k)

Wytec International Balance Sheet

Annual

USDFY, 2017FY, 2018

Cash

3.5m1.7m

Accounts Receivable

702.023.5k

Current Assets

3.5m1.8m

PP&E

307.7k191.5k

Total Assets

4.1m2.1m

Accounts Payable

388.8k228.5k

Current Liabilities

2.1m1.5m

Total Liabilities

2.1m1.5m

Additional Paid-in Capital

21.7m23.1m

Total Equity

2.0m543.0k

Financial Leverage

2.1 x3.9 x

Quarterly

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

Cash

2.2m3.0m2.3m1.7m1.0m

Accounts Receivable

1.1k110.0180.0k713.023.9k

Current Assets

2.3m3.1m2.5m1.7m1.1m

PP&E

812.4k265.6k214.5k164.6k167.0k

Total Assets

3.1m3.6m3.1m2.2m1.8m

Accounts Payable

119.0k93.3k212.8k108.3k78.5k

Current Liabilities

1.9m1.8m2.0m1.9m1.5m

Non-Current Liabilities

255.5k

Total Liabilities

1.8m2.0m1.9m1.8m

Additional Paid-in Capital

19.3m21.8m21.9m22.0m23.2m

Total Equity

1.2m1.8m32.1k

Financial Leverage

2.6 x2.1 x56.4 x

Wytec International Cash Flow

Annual

USDFY, 2017FY, 2018

Net Income

(3.7m)(3.1m)

Depreciation and Amortization

210.4k184.4k

Accounts Receivable

732.0(22.8k)

Accounts Payable

216.3k(160.4k)

Cash From Operating Activities

(2.9m)(3.0m)

Purchases of PP&E

(68.1k)

Cash From Investing Activities

(31.6k)(70.7k)

Cash From Financing Activities

3.6m1.3m

Quarterly

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

Net Income

(626.0k)(1.4m)(2.1m)(626.0k)

Depreciation and Amortization

157.5k53.6k107.6k161.7k49.5k

Accounts Receivable

370.0592.0(179.3k)(11.0)(416.0)

Accounts Payable

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

Cash From Operating Activities

(865.8k)(1.6m)(2.2m)

Purchases of PP&E

(25.3k)(11.5k)(14.4k)(18.7k)

Cash From Investing Activities

(13.6k)(57.7k)(64.0k)

Cash From Financing Activities

1.9m430.4k499.9k517.2k90.1k