Skip to content
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

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

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
15M30M-10M-20M
2007201020132016202020232024
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

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%
200720152024
ROE

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

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -6.1
-3M-6M
200720152024

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 zero or negative — liabilities equaled or 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—not applicable◌not available in our data
HWNI, 17-year financial record
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 % — not applicable: no dividend—————————————————
ROE % — not applicable: negative equity—————————————————
Shares out B0.000.000.000.050.000.000.000.270.090.070.070.060.050.04◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 1 failure in 68 reconciliationsAUDITED

Reconciled in 16 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: EPS is not tagged before 2010. Three checks were skipped: revenue is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency1 failure
ActivityTelephone Communications (No Radiotelephone)
Listed onnot stated in the filings
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2007

Share this section

Download image