Widepoint Historical Income Statement

WYY Stock  USD 4.78  0.05  1.06%   
Historical analysis of Widepoint income statement accounts such as Depreciation And Amortization of 3.5 M, Total Revenue of 53.8 M, Gross Profit of 10.7 M or Other Operating Expenses of 55.4 M can show how well Widepoint C performed in making a profits. Evaluating Widepoint income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Widepoint's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Widepoint C latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Widepoint C is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Widepoint C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

About Widepoint Income Statement Analysis

Widepoint C Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Widepoint shareholders. The income statement also shows Widepoint investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Widepoint Income Statement Chart

At this time, Widepoint's Depreciation And Amortization is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 94.9 M in 2024, whereas Total Revenue is likely to drop slightly above 53.8 M in 2024.

Total Revenue

Total revenue comprises all receipts Widepoint C generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Widepoint C minus its cost of goods sold. It is profit before Widepoint operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Widepoint C. It is also known as Widepoint overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Widepoint C income statement and represents the costs associated with goods and services Widepoint provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Widepoint's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Widepoint C current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Widepoint C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Widepoint's Depreciation And Amortization is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 94.9 M in 2024, whereas Total Revenue is likely to drop slightly above 53.8 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue87.3M94.1M106.0M53.8M
Depreciation And Amortization1.7M2.5M3.4M3.5M

Widepoint income statement Correlations

0.110.080.11-0.07-0.27-0.080.320.05-0.170.14-0.170.010.480.260.09-0.49-0.50.650.12-0.450.770.72
0.110.881.00.29-0.010.020.930.670.360.490.45-0.730.620.640.050.17-0.11-0.26-0.69-0.680.30.12
0.080.880.870.17-0.06-0.040.780.790.510.770.48-0.720.710.730.380.090.04-0.18-0.63-0.550.20.04
0.111.00.870.25-0.05-0.020.920.70.320.480.41-0.710.60.670.070.14-0.08-0.24-0.69-0.670.320.13
-0.070.290.170.250.560.570.22-0.40.39-0.160.46-0.260.38-0.44-0.530.64-0.44-0.49-0.26-0.45-0.2-0.33
-0.27-0.01-0.06-0.050.560.98-0.03-0.430.72-0.360.78-0.35-0.04-0.44-0.310.91-0.05-0.48-0.01-0.02-0.48-0.09
-0.080.02-0.04-0.020.570.980.04-0.430.72-0.340.77-0.360.06-0.4-0.30.85-0.15-0.370.01-0.11-0.340.05
0.320.930.780.920.22-0.030.040.550.320.450.42-0.730.560.690.00.08-0.2-0.06-0.67-0.750.380.28
0.050.670.790.7-0.4-0.43-0.430.550.090.660.04-0.370.430.90.58-0.30.310.05-0.46-0.270.320.17
-0.170.360.510.320.390.720.720.320.090.380.96-0.770.280.080.160.710.03-0.38-0.22-0.15-0.33-0.02
0.140.490.770.48-0.16-0.36-0.340.450.660.380.24-0.550.470.650.61-0.250.050.12-0.3-0.210.180.05
-0.170.450.480.410.460.780.770.420.040.960.24-0.840.260.040.050.81-0.01-0.48-0.25-0.2-0.33-0.01
0.01-0.73-0.72-0.71-0.26-0.35-0.36-0.73-0.37-0.77-0.55-0.84-0.4-0.39-0.23-0.490.020.370.370.340.06-0.08
0.480.620.710.60.38-0.040.060.560.430.280.470.26-0.40.380.250.0-0.08-0.03-0.23-0.730.410.13
0.260.640.730.67-0.44-0.44-0.40.690.90.080.650.04-0.390.380.45-0.40.170.29-0.54-0.40.440.36
0.090.050.380.07-0.53-0.31-0.30.00.580.160.610.05-0.230.250.45-0.240.380.00.260.28-0.08-0.03
-0.490.170.090.140.640.910.850.08-0.30.71-0.250.81-0.490.0-0.4-0.240.05-0.78-0.1-0.02-0.64-0.38
-0.5-0.110.04-0.08-0.44-0.05-0.15-0.20.310.030.05-0.010.02-0.080.170.380.05-0.230.170.21-0.29-0.3
0.65-0.26-0.18-0.24-0.49-0.48-0.37-0.060.05-0.380.12-0.480.37-0.030.290.0-0.78-0.230.08-0.080.720.75
0.12-0.69-0.63-0.69-0.26-0.010.01-0.67-0.46-0.22-0.3-0.250.37-0.23-0.540.26-0.10.170.080.59-0.140.02
-0.45-0.68-0.55-0.67-0.45-0.02-0.11-0.75-0.27-0.15-0.21-0.20.34-0.73-0.40.28-0.020.21-0.080.59-0.51-0.24
0.770.30.20.32-0.2-0.48-0.340.380.32-0.330.18-0.330.060.410.44-0.08-0.64-0.290.72-0.14-0.510.8
0.720.120.040.13-0.33-0.090.050.280.17-0.020.05-0.01-0.080.130.36-0.03-0.38-0.30.750.02-0.240.8
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Widepoint Account Relationship Matchups

Widepoint income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.0M1.6M1.7M2.5M3.4M3.5M
Total Revenue101.7M180.3M87.3M94.1M106.0M53.8M
Gross Profit17.4M20.5M16.4M14.6M15.6M10.7M
Other Operating Expenses100.8M177.1M86.7M97.5M109.7M55.4M
Operating Income885.3K3.2M1.3M(2.0M)(3.7M)(3.5M)
Ebit885.3K3.2M1.3M(18.2M)(3.7M)(3.5M)
Ebitda1.9M4.9M2.9M(15.7M)(302.8K)(287.7K)
Cost Of Revenue84.3M159.9M71.0M79.5M90.4M94.9M
Total Operating Expenses16.5M17.2M15.8M17.9M19.3M12.2M
Income Before Tax618.9K2.9M981.5K(18.5M)(3.9M)(4.1M)
Total Other Income Expense Net(266.4K)(298.5K)373.9K1.1M(211.4K)(222.0K)
Net Income226.3K10.3M341.1K(23.6M)(4.0M)(4.2M)
Income Tax Expense392.7K(7.4M)640.4K5.1M133.2K126.6K
Interest Expense310.6K302.9K273.2K259.6K239.5K147.8K
Selling General Administrative13.8M14.3M12.7M14.7M15.9M15.1M
Selling And Marketing Expenses1.7M1.9M2.0M2.1M2.2M2.1M
Net Income Applicable To Common Shares226.3K10.3M341.1K(23.6M)(21.2M)(20.2M)
Net Income From Continuing Ops226.3K10.3M341.1K(23.6M)(11.6M)(11.0M)
Non Operating Income Net Other19.2K6.8K44.2K4.4K5.1K4.8K
Tax Provision392.7K(7.4M)640.4K5.1M8.6M9.0M
Interest Income5.4K3.9K4.2K41.8K63.8K67.0K
Net Interest Income(305.2K)(299.0K)(269.1K)(217.8K)(191.4K)(201.0K)
Reconciled Depreciation1.9M1.6M1.7M2.5M3.1M2.1M

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