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 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.17M | - | $5.33M | $6.07M | $7.60M | - | $12.82M | $12.02M | $11.32M | - |
| Cost of Revenue | $2.23M | - | $2.67M | $2.65M | $3.24M | - | $6.28M | $5.89M | $5.38M | - |
| Gross Profit | $2.95M | - | $2.66M | $3.42M | $4.36M | - | $6.54M | $6.13M | $5.95M | - |
| R&D | $409.0K | - | $1.07M | $1.13M | $1.16M | - | $1.44M | $1.46M | $1.38M | - |
| SG&A | $2.88M | - | $3.07M | $2.71M | $3.39M | - | $2.80M | $2.81M | $2.86M | - |
| Total Operating Expenses | $4.33M | - | $5.24M | $5.09M | $5.81M | - | $7.09M | $5.97M | $5.96M | - |
| D&A | $231.0K | - | - | - | $433.0K | - | - | - | $530.0K | - |
| Operating Income | ($1.38M) | - | ($2.58M) | ($1.68M) | ($1.46M) | - | ($549.0K) | $165.0K | ($12.0K) | - |
| Interest Expense | - | - | - | - | $177.0K | - | $365.0K | $285.0K | $297.0K | - |
| Income Tax | ($162.0K) | - | ($341.0K) | ($286.0K) | ($851.0K) | - | ($707.0K) | $373.0K | ($52.0K) | - |
| Net Income | ($941.0K) | - | ($2.18M) | ($1.36M) | $10.20M | - | ($187.0K) | $1.54M | ($233.0K) | - |
| EPS - Basic | ($0.04) | - | ($0.10) | ($0.06) | $0.45 | - | ($0.01) | $0.07 | ($0.01) | - |
| EPS - Diluted | ($0.04) | - | ($0.10) | ($0.06) | $0.40 | - | ($0.01) | $0.06 | ($0.01) | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $19.55M | $20.71M | $10.73M | $13.34M | $19.07M | $4.47M | $1.28M | $4.21M | $3.88M | $4.91M |
| Accounts Receivable | $3.92M | $4.76M | $4.33M | $4.01M | $3.88M | $5.29M | $7.42M | $6.53M | $6.38M | $5.52M |
| Inventory | $6.21M | $5.09M | $5.68M | $5.25M | $4.98M | $9.07M | $9.65M | $9.37M | $9.26M | $8.80M |
| Accounts Payable | $1.48M | $480.0K | $1.53M | $1.40M | $1.47M | $2.26M | $2.21M | $2.09M | $2.12M | $1.55M |
| Current Assets | $31.84M | $32.24M | $22.94M | $24.75M | $30.16M | $20.52M | $20.42M | $22.26M | $22.06M | $21.40M |
| Total Assets | $44.38M | $44.97M | $39.96M | $43.00M | $48.50M | $44.35M | $45.75M | $47.54M | $48.10M | $47.92M |
| Current Liabilities | $3.94M | $3.55M | $6.29M | $7.26M | $8.48M | $11.24M | $11.27M | $10.04M | $9.81M | $11.51M |
| Long-term Debt | - | - | - | - | $267.0K | $3.60M | $3.58M | $6.92M | $8.93M | $8.89M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $40.09M | $41.04M | $33.05M | $35.07M | $39.02M | $28.62M | $28.01M | $27.43M | $25.79M | $25.85M |
| Retained Earnings | $14.20M | $15.14M | $7.21M | $9.39M | $10.75M | $554.0K | $171.0K | $358.0K | ($1.18M) | ($946.0K) |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.00M) | - | - | - | ($3.58M) | - | - | - | ($232.0K) | - |
| Investing Cash Flow | ($25.0K) | - | - | - | $22.35M | - | - | - | ($344.0K) | - |
| Financing Cash Flow | ($122.0K) | - | - | - | ($4.10M) | - | - | - | ($466.0K) | - |
| CapEx | $25.0K | - | - | - | $151.0K | - | - | - | $144.0K | - |
| Free Cash Flow | ($1.03M) | - | - | - | ($3.73M) | - | - | - | ($376.0K) | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 57.0% | - | 49.9% | 56.3% | 57.3% | - | 51.0% | 51.0% | 52.5% | - |
| Operating margin | -26.7% | - | -48.4% | -27.7% | -19.2% | - | -4.3% | 1.4% | -0.1% | - |
| EBITDA margin | -22.2% | - | - | - | -13.5% | - | - | - | 4.6% | - |
| Net margin | -18.2% | - | -40.9% | -22.4% | 134.2% | - | -1.5% | 12.8% | -2.1% | - |
| Free cash flow margin | -19.9% | - | - | - | -49.1% | - | - | - | -3.3% | - |
| FCF / Net income | 1.09 | - | - | - | -0.37 | - | - | - | 1.61 | - |
| R&D / Revenue | 7.9% | - | 20.0% | 18.6% | 15.3% | - | 11.2% | 12.2% | 12.2% | - |
| SG&A / Revenue | 55.7% | - | 57.6% | 44.6% | 44.7% | - | 21.8% | 23.3% | 25.3% | - |
| Effective tax rate | - | - | - | - | -9.1% | - | - | 19.5% | - | - |
| Return on assets | -2.1% | - | -5.5% | -3.2% | 21.0% | - | -0.4% | 3.2% | -0.5% | - |
| Return on equity | -2.3% | - | -6.6% | -3.9% | 26.1% | - | -0.7% | 5.6% | -0.9% | - |
| Return on invested capital | - | - | - | - | -3.7% | - | -1.4% | 0.4% | -0.0% | - |
| Liquidity | ||||||||||
| Current ratio | 8.08 | 9.09 | 3.64 | 3.41 | 3.56 | 1.83 | 1.81 | 2.22 | 2.25 | 1.86 |
| Quick ratio | 6.50 | 7.66 | 2.74 | 2.69 | 2.97 | 1.02 | 0.95 | 1.28 | 1.30 | 1.09 |
| Cash ratio | 4.96 | 5.84 | 1.70 | 1.84 | 2.25 | 0.40 | 0.11 | 0.42 | 0.40 | 0.43 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | 0.01 | 0.13 | 0.13 | 0.25 | 0.35 | 0.34 |
| Debt / Assets | - | - | - | - | 0.01 | 0.08 | 0.08 | 0.15 | 0.19 | 0.19 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | 17.25 | - |
| Interest coverage | - | - | - | - | -8.2x | - | -1.5x | 0.6x | -0.0x | - |
| Equity multiplier | 1.11 | 1.10 | 1.21 | 1.23 | 1.24 | 1.55 | 1.63 | 1.73 | 1.87 | 1.85 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | - | 0.13 | 0.14 | 0.16 | - | 0.28 | 0.25 | 0.24 | - |
| Inventory turnover | 0.36 | - | 0.47 | 0.51 | 0.65 | - | 0.65 | 0.63 | 0.58 | - |
| Days sales outstanding | 277d | - | 296d | 241d | 186d | - | 211d | 198d | 206d | - |
| Days inventory outstanding | 1017d | - | 777d | 722d | 560d | - | 561d | 580d | 629d | - |
| Days payable outstanding | 243d | - | 209d | 193d | 166d | - | 128d | 130d | 144d | - |
| Cash conversion cycle | 1051d | - | 864d | 770d | 581d | - | 644d | 649d | 691d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -31.9% | - | -58.4% | -49.5% | -32.9% | - | 18.0% | 8.2% | 20.1% | - |
| Revenue CAGR (3y) | -18.1% | - | -27.6% | -23.2% | -16.5% | - | -2.9% | -3.6% | -5.1% | - |
| Revenue CAGR (5y) | -17.2% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -32.3% | - | -59.4% | -44.3% | -26.7% | - | 15.7% | 8.2% | 34.3% | - |
| Operating income growth (YoY) | 5.1% | - | -370.1% | - | -12033.3% | - | -57.8% | - | 99.1% | - |
| Net income growth (YoY) | - | - | -1066.3% | - | - | - | 75.9% | - | 79.7% | - |
| EPS growth (YoY) | - | - | -900.0% | - | - | - | 75.0% | - | 80.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 72.4% | - | - | - | -891.0% | - | - | - | -108.9% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 2.8% | 43.4% | 18.0% | 27.9% | 51.3% | 10.7% | -8.6% | -10.7% | -17.6% | -20.9% |
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%
Peer comparison
Same SIC group: Communications Equipment, NEC
Comparing WIRELESS TELECOM GROUP INC against the 5 most active filers in the same SIC group.