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MARKETS / BALCAO / HWNI
BALCAO · TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) · SMALL CAP

High Wire Networks, Inc. HWNI

17 fiscal years on record · USD · FY2024 reported · SEC filings only
$8.4M
▲ 21.3% YoY
$-384,826
$-6.1M
In brief

What this company does

HWN is a global provider of managed cybersecurity, managed networks, and tech enabled professional services delivered exclusively through a channel sales model. On June 16, 2021, we completed a merger with Spectrum Global Solutions, Inc. On January 7, 2022, Spectrum Global Solutions, Inc. legally changed its name to High Wire Networks, Inc. (“High Wire”). Our Operating Units Our company is comprised of the following: Our principal offices are located at 30 North Lincoln Street, Batavia, Illinois 60510.

Written from the business description in High Wire Networks, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2025. Every sentence was checked against that document before publication.

Growth
USD 8.4M
Revenue, FY2024 · full 17-year series below
Revenue $M Net income $M
FY2024 · Revenue 8.4 · Net income -0.4
20M-8M-16M200720092011201320152018202020222024
Compound annual growth
−32.5%
−20.0%
+45.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −20.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−5 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -102.1% · Net -4.6%
-20000%-40000%200720092011201320152018202020222024
ROE

Not applicable: equity was negative in this period, so return on equity has no meaning.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -6.1
-4M200720092011201320152018202020222024

Total assetsUSD 5.8M
EquityUSD -1.8M
CashUSD 220,824.00
Gross debtUSD 25,280.00
Net debtUSD -195,544.00
Current ratio0.17×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20242023202220212020201920182016201520142013201220112010200920082007
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.0···
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0···
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0·········
Income tax $B····0.00.00.0··········
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0·−0.0−0.0−0.0−0.0−0.0−0.0···
EPS, diluted $−0.40−15.97−0.28−1.00−3.92−52.98−77.12−17.40−0.03−0.03−0.02−0.03−0.01−0.03···
Dividend / sh $·················
Payout %·················
ROE %·················
Shares out B0.000.000.000.050.000.000.000.270.090.070.070.060.050.04···

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 1 failures in 68 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 20 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures
ActivityTelephone Communications (No Radiotelephone)
Listed onOTC market
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2007

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