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MARKETS / BALCAO / WYTC
BALCAO · TELEGRAPH & OTHER MESSAGE COMMUNICATIONS · SMALL CAP

Wytec International Inc. WYTC

9 fiscal years on record · USD · FY2024 reported · SEC filings only
$131,077
▼ 48.7% YoY
$-3.7M
$-1.7M
In brief

What this company does

In conjunction with ongoing design and development of our LPN-16, we currently generate revenue with an in-building cellular solution known “CelFi” under an agreement with Nextivity, Inc. (“Nextivity”). Wytec won the RFP and was awarded a contract with the Laredo ISD to provide its in-building cellular enhancement solutions to utilizing the Nextivity Cel-Fi solution to 42 buildings within the Laredo ISD (the “Laredo Contract”). Our other Cel-Fi installs include the Johnson Space Center in Houston, Texas, the 62 story commercial high-rise building known as the Fountain Place in Dallas, Texas, and the 1,080 restaurant chain Whataburger. In August 2023, we entered into an agreement with Trabus Technologies (“Trabus”) and in October 2023, we entered into an agreement with Lemko Corporation (“Lemko”), which together we believe will enable us to commercialize a multichannel transmission product that integrates in-building cellular, private LTE, and multiple sensor solutions, including gunshot detection and drug sensing technologies. On October 15, 2023, we filed a provisional patent application with the USPTO related to this “smart-sensor technology” capable of detecting gunshot sound, motion, and chemicals which we expect to be integrated with our current in-building cellular and private LTE solutions.

Written from the business description in WYTEC INTERNATIONAL 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 131,077.00
Revenue, FY2024 · full 9-year series below
Revenue $M Net income $M
FY2024 · Revenue 0.1 · Net income -3.7
0.4M0.8M-2.0M201620172018201920202021202220232024
Compound annual growth
−30.7%
−20.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −20.2% 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
−2802 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -2354.2% · Net -2801.7%
-2000%-4000%-6000%201620172018201920202021202220232024
ROE
FY2019 · ROE -1850.6%
-500%-1000%-1500%201620172018201920202021202220232024

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -1.7
-2M201620172018201920202021202220232024

Total assetsUSD 323,570.00
EquityUSD -2.3M
CashUSD 110,699.00
Gross debtUSD 1.3M
Net debtUSD 1.2M
Current ratio0.09×

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

The 9-year record
9 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 202420232022202120202019201820172016
Revenue $B0.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.00.0···
Net income $B−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
EPS, diluted $−0.25−0.27−0.20−0.54−0.35−0.56−0.74−1.79−6.52
Dividend / sh $·········
Payout %·········
ROE %·····−1850.6−250.4−205.7−191.1
Shares out B0.020.010.010.010.010.010.000.000.00

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

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 45 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 50 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityTelegraph & Other Message Communications
Listed onOTC market
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2016

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