WTT · Wireless Telecom Group Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $22.37M | $49.24M | $41.75M | $52.79M | $46.08M | - |
| Cost of Revenue | $9.53M | $24.16M | $20.78M | $26.63M | $26.82M | - |
| Gross Profit | $12.83M | $25.09M | $20.97M | $22.29M | $24.17M | $19.26M |
| R&D | $1.79M | $5.55M | $6.39M | $5.92M | $4.91M | $4.39M |
| SG&A | $9.64M | $11.87M | $9.91M | $10.17M | $10.31M | $11.10M |
| Total Operating Expenses | $15.47M | $25.23M | $29.07M | $23.77M | $23.39M | $22.21M |
| D&A | $1.40M | $2.15M | $2.24M | $2.15M | $2.31M | $1.75M |
| Operating Income | ($2.64M) | ($145.0K) | ($8.10M) | ($1.48M) | $779.0K | ($2.94M) |
| Interest Expense | - | $1.14M | $985.0K | $305.0K | $575.0K | $296.0K |
| Income Tax | ($731.0K) | ($673.0K) | ($809.0K) | ($1.37M) | $48.0K | $1.25M |
| Net Income | $14.59M | $1.50M | ($8.09M) | ($414.0K) | $35.0K | ($4.49M) |
| EPS - Basic | $0.68 | $0.07 | ($0.37) | ($0.02) | $0.00 | ($0.22) |
| EPS - Diluted | $0.65 | $0.06 | ($0.37) | ($0.02) | $0.00 | ($0.22) |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $20.71M | $4.47M | $4.91M | $4.25M | $5.01M | $2.46M |
| Accounts Receivable | $4.76M | $5.29M | $5.52M | $6.15M | $8.64M | $9.04M |
| Inventory | $5.09M | $9.07M | $8.80M | $7.33M | $6.88M | $6.53M |
| Accounts Payable | $480.0K | $2.26M | $1.55M | $2.23M | $3.25M | $4.11M |
| Current Assets | $32.24M | $20.52M | $21.40M | $19.59M | $22.23M | $22.76M |
| Total Assets | $44.97M | $44.35M | $47.92M | $42.35M | $44.17M | $46.92M |
| Current Liabilities | $3.55M | $11.24M | $11.51M | $8.06M | $11.45M | $8.97M |
| Long-term Debt | - | $3.60M | $8.89M | $2.70M | $2.02M | $494.0K |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $41.04M | $28.62M | $25.85M | $32.69M | $31.98M | $35.10M |
| Retained Earnings | $15.14M | $554.0K | ($946.0K) | $7.14M | $7.56M | $7.18M |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($9.65M) | $4.56M | $2.98M | $80.0K | $3.99M | $1.40M |
| Investing Cash Flow | $34.30M | ($724.0K) | ($8.61M) | ($818.0K) | ($1.66M) | ($819.0K) |
| Financing Cash Flow | ($8.22M) | ($4.21M) | $6.31M | ($212.0K) | $476.0K | $1.96M |
| CapEx | $722.0K | $524.0K | $364.0K | $392.0K | $853.0K | $927.0K |
| Free Cash Flow | ($10.38M) | $4.03M | $2.62M | ($312.0K) | $3.14M | $476.0K |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 57.4% | 50.9% | 50.2% | 42.2% | 52.4% | - |
| Operating margin | -11.8% | -0.3% | -19.4% | -2.8% | 1.7% | - |
| EBITDA margin | -5.6% | 4.1% | -14.0% | 1.3% | 6.7% | - |
| Net margin | 65.2% | 3.0% | -19.4% | -0.8% | 0.1% | - |
| Free cash flow margin | -46.4% | 8.2% | 6.3% | -0.6% | 6.8% | - |
| FCF / Net income | -0.71 | 2.69 | -0.32 | 0.75 | 89.63 | -0.11 |
| R&D / Revenue | 8.0% | 11.3% | 15.3% | 11.2% | 10.7% | - |
| SG&A / Revenue | 43.1% | 24.1% | 23.7% | 19.3% | 22.4% | - |
| Effective tax rate | -5.3% | -81.4% | - | - | 57.8% | - |
| Return on assets | 32.4% | 3.4% | -16.9% | -1.0% | 0.1% | -9.6% |
| Return on equity | 35.5% | 5.2% | -31.3% | -1.3% | 0.1% | -12.8% |
| Return on invested capital | - | -0.5% | -18.4% | -3.3% | 1.1% | -6.5% |
| Liquidity | ||||||
| Current ratio | 9.09 | 1.83 | 1.86 | 2.43 | 1.94 | 2.54 |
| Quick ratio | 7.66 | 1.02 | 1.09 | 1.52 | 1.34 | 1.81 |
| Cash ratio | 5.84 | 0.40 | 0.43 | 0.53 | 0.44 | 0.27 |
| Leverage | ||||||
| Debt / Equity | - | 0.13 | 0.34 | 0.08 | 0.06 | 0.01 |
| Debt / Assets | - | 0.08 | 0.19 | 0.06 | 0.05 | 0.01 |
| Debt / EBITDA | - | 1.79 | - | 4.01 | 0.65 | - |
| Interest coverage | - | -0.1x | -8.2x | -4.8x | 1.4x | -9.9x |
| Equity multiplier | 1.10 | 1.55 | 1.85 | 1.30 | 1.38 | 1.34 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.50 | 1.11 | 0.87 | 1.25 | 1.04 | - |
| Inventory turnover | 1.87 | 2.66 | 2.36 | 3.64 | 3.90 | - |
| Days sales outstanding | 78d | 39d | 48d | 43d | 68d | - |
| Days inventory outstanding | 195d | 137d | 154d | 100d | 94d | - |
| Days payable outstanding | 18d | 34d | 27d | 31d | 44d | - |
| Cash conversion cycle | 254d | 142d | 176d | 112d | 118d | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -54.6% | 18.0% | -20.9% | 14.6% | - | - |
| Revenue CAGR (3y) | -24.9% | 2.2% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | -48.8% | 19.6% | -5.9% | -7.8% | 25.5% | 46.3% |
| Operating income growth (YoY) | -1722.1% | 98.2% | -447.6% | - | - | -15.6% |
| Net income growth (YoY) | 872.6% | - | -1853.6% | - | - | -145.2% |
| EPS growth (YoY) | 983.3% | - | -1750.0% | - | - | -120.0% |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | 54.2% | - | - | 559.0% | - |
| FCF CAGR (5y) | - | - | 36.1% | - | 0.9% | -22.8% |
| Book value growth (YoY) | 43.4% | 10.7% | -20.9% | 2.2% | -8.9% | 10.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$49.24M totalPassive And Active RFComponents$17.74M · 36.0%
Noise Generators And Components$13.74M · 27.9%
Power Meters And Analyzers$7.15M · 14.5%
Signal Processing Hardware$4.88M · 9.9%
Service$3.83M · 7.8%
Software Licenses$1.89M · 3.8%
Geographic
$91.34M totalAmericas$35.80M · 39.2%
US$33.80M · 37.0%
EMEA$7.37M · 8.1%
Asia Pacific$6.08M · 6.7%
GB$5.30M · 5.8%
CN$2.00M · 2.2%
DE$1.00M · 1.1%
Stability scores
Piotroski F-score
FY 2022 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Communications Equipment, NEC
Comparing WIRELESS TELECOM GROUP INC against the 5 most active filers in the same SIC group.