Financial Snapshot

Revenue
$16.51M
TTM
Gross Margin
35.57%
TTM
Net Earnings
-$4.261M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
26.77%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$354.0K
Q3 2024
Cash
Q3 2024
P/E
-2.211
Nov 29, 2024 EST
Free Cash Flow
-$2.402M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $26.99M $55.05M $27.21M $9.909M $25.50M $34.55M $5.872M $70.30K $70.30K $270.0K $0.00 $10.00K $0.00 $0.00 $20.00K $0.00
YoY Change -50.97% 102.34% 174.56% -61.13% -26.2% 488.33% 8253.43% 0.0% -73.96% -100.0% -100.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $26.99M $55.05M $27.21M $9.909M $25.50M $34.55M $5.872M $70.30K $70.30K $270.0K $0.00 $10.00K $0.00 $0.00 $20.00K $0.00
Cost Of Revenue $20.29M $41.49M $19.01M $4.954M $22.19M $29.10M $5.103M $820.5K $0.00 $0.00 $0.00 $10.00K $0.00 $0.00
Gross Profit $6.699M $13.56M $8.193M $4.955M $3.303M $5.448M $769.1K $249.4K $200.0K $270.0K $0.00 $0.00 $0.00 $0.00
Gross Profit Margin 24.82% 24.62% 30.11% 50.0% 12.95% 15.77% 13.1% 354.79% 284.5% 100.0% 0.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $16.18M $24.06M $11.36M $6.188M $6.740M $7.767M $1.840M $895.0K $895.0K $1.230M $930.0K $680.0K $940.0K $1.070M $1.520M $1.900M
YoY Change -32.76% 111.74% 83.61% -8.2% -13.22% 322.18% 105.57% 0.0% -27.24% 32.26% 36.76% -27.66% -12.15% -29.61% -20.0%
% of Gross Profit 241.46% 177.47% 138.67% 124.88% 204.07% 142.57% 239.21% 358.81% 447.48% 455.56%
Research & Development $700.0K $400.0K $430.0K $10.00K $0.00 $170.0K $170.0K $80.00K
YoY Change 75.0% -6.98% 4200.0% -100.0% 0.0% 112.5%
% of Gross Profit 350.0% 148.15%
Depreciation & Amortization $844.5K $1.334M $506.4K $209.3K $52.70K $220.4K $130.0K $27.91K $27.91K $30.00K $30.00K $30.00K $30.00K $40.00K $40.00K $20.00K
YoY Change -36.69% 163.4% 141.99% 297.06% -76.09% 69.63% 365.6% 0.0% -6.97% 0.0% 0.0% 0.0% -25.0% 0.0% 100.0%
% of Gross Profit 12.61% 9.84% 6.18% 4.22% 1.6% 4.05% 16.9% 11.19% 13.96% 11.11%
Operating Expenses $17.02M $25.39M $11.87M $6.397M $6.793M $7.987M $1.970M $922.9K $922.9K $1.660M $1.390M $730.0K $970.0K $1.270M $1.730M $2.010M
YoY Change -32.97% 113.95% 85.52% -5.83% -14.95% 305.52% 113.43% 0.0% -44.41% 19.42% 90.41% -24.74% -23.62% -26.59% -13.93%
Operating Profit -$13.00M -$23.66M -$3.674M -$1.442M -$3.490M -$2.540M -$1.201M -$673.4K -$722.9K -$1.390M -$1.390M -$730.0K -$970.0K -$1.270M
YoY Change -45.05% 543.96% 154.77% -58.68% 37.42% 111.53% 78.28% -6.84% -48.0% 0.0% 90.41% -24.74% -23.62%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Interest Expense $2.458M $607.2K -$6.236M -$167.5K -$1.534M -$306.0K -$4.620M -$959.0K -$959.0K $20.00K -$40.00K -$10.00K -$60.00K -$70.00K -$20.00K -$10.00K
YoY Change 304.85% -109.74% 3622.56% -89.08% 401.18% -93.38% 381.74% 0.0% -4894.95% -150.0% 300.0% -83.33% -14.29% 250.0% 100.0%
% of Operating Profit
Other Income/Expense, Net -$145.4K $3.835M $1.611M $26.35K $285.9K $0.00 $80.00K -$60.00K $120.0K $0.00
YoY Change -103.79% 138.07% 6014.08% -100.0% -233.33% -150.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income -$13.15M -$19.83M -$13.68M -$710.0K -$4.756M -$1.098M -$1.832M -$2.220M -$2.220M -$1.350M -$1.420M -$670.0K -$1.090M -$1.220M -$1.780M -$2.020M
YoY Change -33.68% 44.96% 1826.43% -85.07% 333.15% -40.07% -17.47% 0.0% 64.43% -4.93% 111.94% -38.53% -10.66% -31.46% -11.88%
Income Tax $204.2K $247.6K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$14.49M -$19.83M -$13.34M -$693.1K -$5.834M -$1.292M -$1.804M -$2.176M -$2.176M -$1.290M -$1.330M -$610.0K -$1.040M -$1.220M -$1.780M -$2.020M
YoY Change -26.94% 48.62% 1824.73% -88.12% 351.49% -28.36% -17.11% 0.0% 68.7% -3.01% 118.03% -41.35% -14.75% -31.46% -11.88%
Net Earnings / Revenue -53.67% -36.02% -49.03% -6.99% -22.88% -3.74% -30.72% -3095.55% -3095.55% -477.78% -6100.0% -8900.0%
Basic Earnings Per Share -$0.06 -$0.28
Diluted Earnings Per Share -$0.06 -$0.28 -$696.7K -$3.91 -$48.89M -$124.0M -$390.4M -$1.674B -$1.674B -$1.312K -$1.570K -$838.80 -$1.659K -$2.295K -$3.986K -$6.128K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash & Short-Term Investments $333.4K $886.6K $508.4K $184.7K $468.8K $620.6K $28.89K $1.120K $1.120K $10.00K $930.0K $30.00K $220.0K $40.00K $0.00 $0.00 $30.00K $10.00K
YoY Change -62.4% 74.38% 175.29% -60.61% -24.46% 2048.11% 2479.46% 0.0% -88.8% -98.92% 3000.0% -86.36% 450.0% -100.0% 200.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $117.0K $1.035M $2.602M $1.633M $200.1K $22.68K $41.06K $4.790K $4.790K $140.0K $500.0K $30.00K $40.00K $20.00K $0.00 $10.00K $0.00 $0.00
YoY Change -88.7% -60.22% 59.32% 716.18% 782.36% -44.76% 757.2% 0.0% -96.58% -72.0% 1566.67% -25.0% 100.0% -100.0%
Inventory $0.00 $0.00 $20.00K $0.00
Prepaid Expenses
Receivables $2.294M $8.748M $7.962M $1.117M $5.629M $8.424M $1.473M $7.360K $7.360K $30.00K $160.0K $20.00K $20.00K $30.00K $10.00K $20.00K $20.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $2.745M $10.67M $11.07M $2.935M $6.298M $9.067M $1.543M $13.27K $13.27K $170.0K $1.600M $80.00K $270.0K $100.0K $20.00K $30.00K $50.00K $20.00K
YoY Change -74.28% -3.63% 277.23% -53.39% -30.54% 487.52% 11530.22% 0.0% -92.19% -89.38% 1900.0% -70.37% 170.0% 400.0% -33.33% -40.0% 150.0%
Property, Plant & Equipment $1.304M $1.625M $1.507M $639.8K $261.5K $61.26K $61.16K $72.63K $72.63K $90.00K $90.00K $70.00K $20.00K $60.00K $70.00K $110.0K $60.00K $10.00K
YoY Change -19.76% 7.88% 135.48% 144.72% 326.79% 0.16% -15.79% 0.0% -19.3% 0.0% 28.57% 250.0% -66.67% -14.29% -36.36% 83.33% 500.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00 $52.62K $1.153M $25.75K $29.89K $27.93K $22.52K $22.52K $30.00K $30.00K $30.00K
YoY Change -100.0% -95.44% 4379.11% -13.85% 7.02% 24.02% 0.0% -24.93% 0.0% 0.0%
Total Long-Term Assets $8.087M $21.93M $34.89M $4.724M $5.871M $3.863M $2.962M $157.8K $157.8K $170.0K $150.0K $100.0K $30.00K $70.00K $70.00K $110.0K $90.00K $10.00K
YoY Change -63.12% -37.15% 638.52% -19.54% 51.98% 30.42% 1777.54% 0.0% -7.2% 13.33% 50.0% 233.33% -57.14% 0.0% -36.36% 22.22% 800.0%
Total Assets $10.83M $32.59M $45.96M $7.659M $12.17M $12.93M $4.505M $171.0K $171.0K $340.0K $1.750M $180.0K $300.0K $170.0K $90.00K $140.0K $140.0K $30.00K
YoY Change
Accounts Payable $6.418M $7.142M $3.686M $834.2K $4.028M $5.472M $2.369M $2.113M $840.0K $610.0K $720.0K $570.0K $540.0K $680.0K $450.0K $230.0K $140.0K $10.00K
YoY Change -10.14% 93.75% 341.85% -79.29% -26.39% 131.02% 12.08% 151.59% 37.7% -15.28% 26.32% 5.56% -20.59% 51.11% 95.65% 64.29% 1300.0%
Accrued Expenses $89.32K $93.62K $142.9K $86.51K $173.4K
YoY Change -4.59% -34.5% 65.22% -50.1%
Deferred Revenue
YoY Change
Short-Term Debt $254.0K $209.0K $8.141M $571.3K $10.09M $8.793M $2.425M $868.0K $868.0K $190.0K $200.0K $250.0K $230.0K $110.0K $60.00K $0.00 $0.00 $0.00
YoY Change 21.53% -97.43% 1325.12% -94.34% 14.73% 262.59% 179.39% 0.0% 356.86% -5.0% -20.0% 8.7% 109.09% 83.33%
Long-Term Debt Due $3.322M $3.534M $6.698M $0.00 $6.390M $5.160M $2.060M $8.120K $8.120K $250.0K $170.0K $210.0K $200.0K $250.0K $250.0K $230.0K $0.00
YoY Change -5.99% -47.25% -100.0% 23.84% 150.49% 25269.46% 0.0% -96.75% 47.06% -19.05% 5.0% -20.0% 0.0% 8.7%
Total Short-Term Liabilities $12.66M $21.56M $31.86M $2.418M $16.09M $17.53M $10.93M $2.846M $2.846M $1.520M $1.250M $1.210M $1.210M $1.250M $1.060M $530.0K $240.0K $20.00K
YoY Change -41.28% -32.33% 1217.39% -84.97% -8.24% 60.37% 284.14% 0.0% 87.23% 21.6% 3.31% 0.0% -3.2% 17.92% 100.0% 120.83% 1100.0%
Long-Term Debt $729.9K $1.963M $2.611M $2.080M $28.32K $0.00 $0.00 $3.310K $3.310K $0.00 $40.00K $60.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -62.81% -24.84% 25.54% 7244.84% -100.0% 0.0% -100.0% -33.33%
Other Long-Term Liabilities $191.0K $3.324M $337.8K $447.4K $60.00K $0.00
YoY Change -94.25% 884.17% -24.5%
Total Long-Term Liabilities $920.9K $5.287M $2.949M $2.527M $28.32K $0.00 $0.00 $3.310K $3.310K $0.00 $40.00K $60.00K $60.00K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -82.58% 79.27% 16.68% 8824.61% -100.0% 0.0% -100.0% -33.33% 0.0%
Total Liabilities $13.58M $26.85M $36.76M $6.558M $16.12M $17.53M $10.84M $2.613M $2.613M $1.330M $1.170M $1.210M $1.260M $1.260M $1.060M $530.0K $240.0K $20.00K
YoY Change -49.41% -26.97% 460.53% -59.31% -8.08% 61.68% 314.99% 0.0% 96.46% 13.68% -3.31% -3.97% 0.0% 18.87% 100.0% 120.83% 1100.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding 226.7M shares 68.71M shares 19.15M shares
Diluted Shares Outstanding 226.7M shares 68.71M shares 19.15M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $9.4216 Million

About HIGH WIRE NETWORKS, INC.

High Wire Networks, Inc. engages in the provision of cybersecurity, networking installation, and management services. The company is headquartered in Batavia, Illinois and currently employs 72 full-time employees. The company went IPO on 2008-01-09. The company operates through a single segment. The firm's Managed Services segment consists of services provided to the clients where it monitors, maintains, handles break/fix issues, and protects customer networks. The Managed Services Segment includes Overwatch Managed Security. Its Overwatch Managed Security platform-as-a-service offers organizations end-to-end protection for networks, data, endpoints and users via multiyear recurring revenue contracts. The firm offers its Overwatch managed security services through a network of managed service providers (MSPs) and managed security service providers (MSSPs). Its security operation center is Overwatch SOAR, which is a security orchestration, automation and response (SOAR) technology. The AI embedded in Overwatch SOAR automatically consolidates alerts from various threat prevention and detection-and-response platforms and processes them with intelligence-based rules.

Industry: Telephone Communications (No Radiotelephone) Peers: TREES Corp (Colorado) Global AI, Inc. Correlate Energy Corp. Integrated Cannabis Solutions, Inc. Where Food Comes From, Inc. PUBLIC CO MANAGEMENT CORP PINEAPPLE, INC. QUEST PATENT RESEARCH CORP