HIGH WIRE NETWORKS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $8.4M | $6.9M | $26.8M | $27.2M | $9.9M | $25.5M | $34.5M |
| Cost of Revenue | — | $5.9M | $4.5M | $19.3M | $19.0M | $5.0M | $22.2M | $29.1M |
| Gross Profit | — | $2.5M | $2.4M | $7.4M | $8.2M | $5.0M | $3.3M | $5.4M |
| Gross Margin | — | 30.1% | 35.0% | 27.8% | 30.1% | 50.0% | 13.0% | 15.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $4.5M | $5.6M | $5.6M | $4.5M | $1.5M | $3.2M | $4.1M |
| Operating Income | — | $-8.6M | $-12.0M | $-13.1M | $-3.7M | $-1.4M | $-3.5M | $-2.5M |
| Operating Margin | — | -102.1% | -173.0% | -48.9% | -13.5% | -14.6% | -13.7% | -7.4% |
| Interest Expense | — | $1.2M | $2.5M | $1.3M | $6.2K | $1.1M | $1.7M | $1.1M |
| Pretax Income | — | $-10.1M | $-12.1M | $-11.3M | $-13.7M | $-710.0K | $-4.8M | $-1.1M |
| Income Tax Expense | — | — | — | — | — | $1.9K | $204.2K | $247.6K |
| Net Income | — | $-384.8K | $-14.5M | $-19.0M | $-13.7M | $-693.1K | $-5.8M | $-1.3M |
| Net Margin | — | -4.6% | -209.8% | -71.1% | -50.3% | -7.0% | -22.9% | -3.7% |
| EPS (Basic) | — | $-0.40 | $-15.97 | $-0.09 | $-0.08 | $-0.33 | $-4.42 | $-6.43 |
| EPS (Diluted) | — | $-0.40 | $-15.97 | $-0.09 | $-0.08 | $-0.33 | $-4.42 | $-6.43 |
| Shares Outstanding (Basic) | 1.0M | 963.1K | 226.7M | 206.1M | 229.8M | 158.2M | 2.3M | 85.0M |
| Shares Outstanding (Diluted) | 1.0M | 963.1K | 226.7M | 206.1M | 229.8M | 158.2M | 2.3M | 85.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |