Widepoint Historical Income Statement

WYY Stock  USD 2.06  0.05  2.49%   
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 10.6 M or Other Operating Expenses of 55.3 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 tightly coupled 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

Widepoint C Income Statement is one of the three primary financial statements used for reporting Widepoint's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Widepoint C revenue and expense. Widepoint Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 96 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.
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 tightly coupled 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 96 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 Amortization1.0M2.5M3.4M3.5M

Widepoint income statement Correlations

0.0-0.040.01-0.16-0.170.190.22-0.03-0.24-0.25-0.260.10.390.240.12-0.57-0.440.730.21-0.330.780.75
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-0.040.870.860.180.030.020.760.790.520.250.48-0.720.70.710.380.110.05-0.22-0.63-0.550.15-0.01
0.011.00.860.250.140.150.920.690.320.060.41-0.710.60.670.070.14-0.08-0.25-0.69-0.670.320.13
-0.160.30.180.250.980.920.23-0.390.39-0.020.46-0.270.39-0.44-0.540.63-0.45-0.48-0.26-0.46-0.19-0.3
-0.170.190.030.140.980.930.12-0.490.28-0.080.37-0.140.28-0.54-0.630.64-0.44-0.47-0.19-0.4-0.21-0.31
0.190.190.020.150.920.930.2-0.490.18-0.180.27-0.090.43-0.45-0.580.42-0.6-0.21-0.11-0.520.09-0.04
0.220.930.760.920.230.120.20.540.320.080.42-0.730.560.690.00.08-0.2-0.05-0.66-0.750.390.29
-0.030.660.790.69-0.39-0.49-0.490.540.090.080.04-0.380.430.890.59-0.290.330.0-0.47-0.260.260.09
-0.240.360.520.320.390.280.180.320.090.870.96-0.770.280.080.160.710.03-0.38-0.22-0.15-0.33-0.02
-0.250.080.250.06-0.02-0.08-0.180.080.080.870.82-0.59-0.040.090.290.60.26-0.24-0.010.16-0.380.11
-0.260.450.480.410.460.370.270.420.040.960.82-0.840.260.040.050.81-0.01-0.48-0.25-0.2-0.33-0.01
0.1-0.73-0.72-0.71-0.27-0.14-0.09-0.73-0.38-0.77-0.59-0.84-0.4-0.39-0.23-0.490.020.370.370.340.06-0.08
0.390.620.70.60.390.280.430.560.430.28-0.040.26-0.40.380.250.0-0.08-0.03-0.23-0.730.410.13
0.240.640.710.67-0.44-0.54-0.450.690.890.080.090.04-0.390.380.45-0.40.170.29-0.54-0.40.440.36
0.120.050.380.07-0.54-0.63-0.580.00.590.160.290.05-0.230.250.45-0.240.380.00.260.28-0.08-0.03
-0.570.170.110.140.630.640.420.08-0.290.710.60.81-0.490.0-0.4-0.240.05-0.78-0.1-0.02-0.64-0.38
-0.44-0.110.05-0.08-0.45-0.44-0.6-0.20.330.030.26-0.010.02-0.080.170.380.05-0.230.170.21-0.29-0.3
0.73-0.26-0.22-0.25-0.48-0.47-0.21-0.050.0-0.38-0.24-0.480.37-0.030.290.0-0.78-0.230.08-0.080.720.75
0.21-0.69-0.63-0.69-0.26-0.19-0.11-0.66-0.47-0.22-0.01-0.250.37-0.23-0.540.26-0.10.170.080.59-0.140.02
-0.33-0.68-0.55-0.67-0.46-0.4-0.52-0.75-0.26-0.150.16-0.20.34-0.73-0.40.28-0.020.21-0.080.59-0.51-0.24
0.780.30.150.32-0.19-0.210.090.390.26-0.33-0.38-0.330.060.410.44-0.08-0.64-0.290.72-0.14-0.510.8
0.750.12-0.010.13-0.3-0.31-0.040.290.09-0.020.11-0.01-0.080.130.36-0.03-0.38-0.30.750.02-0.240.8
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Widepoint Account Relationship Matchups

Widepoint income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.0M1.1M1.0M2.5M3.4M3.5M
Total Revenue101.7M180.3M87.3M94.1M106.0M53.8M
Gross Profit17.4M20.5M16.4M14.6M14.6M10.6M
Other Operating Expenses100.8M177.1M86.7M97.5M109.5M55.3M
Operating Income885.3K3.2M1.3M(2.0M)(3.5M)(3.3M)
Ebit885.3K3.2M1.3M(2.0M)(3.5M)(3.3M)
Ebitda1.9M4.3M2.3M564.3K(137.6K)(130.7K)
Cost Of Revenue84.3M159.9M71.0M79.5M91.5M96.0M
Total Operating Expenses16.5M17.2M15.8M17.9M18.1M12.2M
Income Before Tax618.9K2.9M981.5K(18.5M)(3.9M)(4.1M)
Total Other Income Expense Net(266.4K)(298.5K)(273.2K)(16.5M)(404.8K)(425.0K)
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
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Widepoint in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Widepoint's short interest history, or implied volatility extrapolated from Widepoint options trading.

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When determining whether Widepoint C offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Widepoint's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Widepoint C Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Widepoint C Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Widepoint's price analysis, check to measure Widepoint's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Widepoint is operating at the current time. Most of Widepoint's value examination focuses on studying past and present price action to predict the probability of Widepoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Widepoint's price. Additionally, you may evaluate how the addition of Widepoint to your portfolios can decrease your overall portfolio volatility.
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Is Widepoint's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Widepoint. If investors know Widepoint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Widepoint listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.54)
Earnings Share
(0.46)
Revenue Per Share
12.007
Quarterly Revenue Growth
0.211
Return On Assets
(0.04)
The market value of Widepoint C is measured differently than its book value, which is the value of Widepoint that is recorded on the company's balance sheet. Investors also form their own opinion of Widepoint's value that differs from its market value or its book value, called intrinsic value, which is Widepoint's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Widepoint's market value can be influenced by many factors that don't directly affect Widepoint's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Widepoint's value and its price as these two are different measures arrived at by different means. Investors typically determine if Widepoint is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Widepoint's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.