Income Statement Wi2Wi Corporation

Stocks

YTY

CA9774861095

Wireless Telecommunications Services

Market Closed - Toronto S.E. 13:07:00 2026-09-23 EDT			5-day change	1st Jan Change
0.0900 ^CAD	-5.26%		0.00%	+260.00%

09-09	Wi2Wi Corporation Announces USD 2.6 Million Three-Year Contract with Confidential Defense Organization	CI
08-20	Wi2Wi Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

4501512981.SSOrVr1J4ZCp-ATqlhaxcX5kBJUB8lcEqCh5ZQGeqJ4.JWzhDOt518nQv2qQ_yXkBQg2RaVXlhNckWJMHXjQmvkrYpgmziKJ_szKNA

Published financial data: WI2WI CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	6.45M	6.86M	6.34M	6.31M	6.44M
Total Revenues	6.45M	6.86M	6.34M	6.31M	6.44M
Cost of Goods Sold, Total	5.17M	6.09M	5.57M	5.41M	5.91M
Gross Profit	1.28M	766K	772K	904K	529K
Selling General & Admin Expenses, Total	1.53M	1.67M	1.64M	1.71M	1.64M
R&D Expenses	312K	374K	337K	347K	287K
Other Operating Expenses, Total	1.85M	2.04M	1.98M	2.06M	1.92M
Operating Income	-567K	-1.27M	-1.2M	-1.15M	-1.39M
Interest Expense, Total	-176K	-147K	-128K	-255K	-312K
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-176K	-147K	-128K	-255K	-312K
Currency Exchange Gains (Loss)	-	-	8K	-	-17K
Other Non Operating Income (Expenses)	-5K	-5K	-	65K	-
EBT, Excl. Unusual Items	-748K	-1.43M	-1.32M	-1.34M	-1.72M
Gain (Loss) On Sale Of Investments	-6K	-2K	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	550K	192K	-	-	-
EBT, Incl. Unusual Items	-204K	-1.24M	-1.32M	-1.34M	-1.72M
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-204K	-1.24M	-1.32M	-1.34M	-1.72M
Net Income to Company	-204K	-1.24M	-1.32M	-1.34M	-1.72M
Net Income - (IS)	-204K	-1.24M	-1.32M	-1.34M	-1.72M
Net Income to Common Incl Extra Items	-204K	-1.24M	-1.32M	-1.34M	-1.72M
Net Income to Common Excl. Extra Items	-204K	-1.24M	-1.32M	-1.34M	-1.72M
Per Share Items
Net EPS - Basic	-0	-0.01	-0.01	-0.01	-0
Basic EPS - Continuing Operations	-0	-0.01	-0.01	-0.01	-0
Basic Weighted Average Shares Outstanding	153M	153M	153M	153M	375M
Net EPS - Diluted	-0	-0.01	-0.01	-0.01	-0
Diluted EPS - Continuing Operations	-0	-0.01	-0.01	-0.01	-0
Diluted Weighted Average Shares Outstanding	153M	153M	153M	153M	375M
Normalized Basic EPS	-0	-0.01	-0.01	-0.01	-0
Normalized Diluted EPS	-0	-0.01	-0.01	-0.01	-0
Supplemental Items
EBITDA	-290K	-1.01M	-944K	-900K	-1.24M
EBITA	-567K	-1.27M	-1.2M	-1.15M	-1.39M
EBIT	-567K	-1.27M	-1.2M	-1.15M	-1.39M
EBITDAR	-224K	-951K	-771K	-782K	-1.13M
Effective Tax Rate - (Ratio)	-	-	-	-	-
Normalized Net Income	-468K	-891K	-828K	-838K	-1.08M
Interest on Long-Term Debt	169K	147K	128K	224K	271K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	312K	374K	337K	347K	287K
Net Rental Expense, Total	66K	61K	173K	118K	109K
Imputed Operating Lease Interest Expense	26.18K	23.07K	67.15K	63.72K	54.7K
Imputed Operating Lease Depreciation	39.82K	37.93K	106K	54.28K	54.3K
Stock-Based Comp., SG&A Exp. (Total)	21K	1K	22K	76K	11K
Total Stock-Based Compensation	21K	1K	22K	76K	11K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	1.88M	1.02M	917K	431K	203K
Short Term Investments	3K	1K	-	-	-
Total Cash And Short Term Investments	1.89M	1.02M	917K	431K	203K
Accounts Receivable, Total	1.31M	1.24M	956K	1.1M	1.28M
Total Receivables	1.31M	1.24M	956K	1.1M	1.28M
Inventory	2.76M	2.8M	2.38M	2.61M	2.28M
Prepaid Expenses	174K	178K	156K	184K	193K
Restricted Cash	500K	500K	-	-	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	6.62M	5.74M	4.41M	4.32M	3.96M
Gross Property Plant And Equipment	7.12M	7.06M	6.82M	9.85M	9.88M
Accumulated Depreciation	-3.15M	-3.8M	-4.14M	-4.8M	-5.33M
Net Property Plant And Equipment	3.98M	3.26M	2.68M	5.05M	4.55M
Total Assets	10.6M	9M	7.08M	9.38M	8.5M
Liabilities
Accounts Payable, Total	354K	604K	380K	730K	784K
Accrued Expenses, Total	359K	272K	299K	344K	329K
Current Portion of Long-Term Debt	55K	60K	19K	64K	72K
Current Portion of Leases	472K	424K	445K	241K	264K
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	-	-	-	75K	46K
Total Current Liabilities	1.24M	1.36M	1.14M	1.45M	1.5M
Long-Term Debt	207K	150K	205K	386K	315K
Long-Term Leases	2.64M	2.21M	1.76M	4.44M	4.17M
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	4.08M	3.72M	3.11M	6.28M	5.98M
Common Stock, Total	29.09M	29.09M	29.09M	29.49M	30.62M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-26.41M	-27.65M	-28.97M	-30.31M	-32.03M
Comprehensive Income and Other	3.83M	3.83M	3.86M	3.93M	3.94M
Total Common Equity	6.52M	5.28M	3.98M	3.1M	2.52M
Total Equity	6.52M	5.28M	3.98M	3.1M	2.52M
Total Liabilities And Equity	10.6M	9M	7.08M	9.38M	8.5M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	153M	153M	153M	165M	198M
ECS Total Common Shares Outstanding	153M	153M	153M	165M	198M
Book Value / Share	0.04	0.03	0.03	0.02	0.01
Tangible Book Value	6.52M	5.28M	3.98M	3.1M	2.52M
Tangible Book Value Per Share	0.04	0.03	0.03	0.02	0.01
Total Debt	3.37M	2.85M	2.43M	5.13M	4.82M
Net Debt	1.49M	1.82M	1.51M	4.7M	4.62M
Debt Equivalent Oper. Leases	528K	488K	1.38M	944K	872K
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	1.53M	1.45M	1.18M	1.13M	928K
Inventories - Work In Process, Total	205K	191K	199K	342K	224K
Inventories - Finished Goods, Total	1.02M	1.16M	1M	1.14M	1.13M
Machinery, Total	3.01M	3.09M	3.03M	3.25M	3.27M
Accumulated Allowance for Doubtful Accounts (Supple)	8K	8K	8K	8K	5K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-204K	-1.24M	-1.32M	-1.34M	-1.72M
Depreciation & Amortization - CF	822K	794K	731K	655K	530K
Depreciation & Amortization, Total	822K	794K	731K	655K	530K
(Gain) Loss on Sale of Investments - (CF)	6K	2K	-	-	-
Stock-Based Compensation (CF)	21K	1K	22K	76K	11K
Other Operating Activities, Total	-557K	-	-	-	-
Change In Accounts Receivable	-258K	66K	286K	-141K	-183K
Change In Inventories	552K	-41K	419K	-235K	334K
Change In Accounts Payable	97K	250K	-224K	350K	54K
Change in Unearned Revenues	-	-	-	-	-
Change in Other Net Operating Assets	25K	-141K	51K	92K	-53K
Cash from Operations	504K	-305K	-40K	-544K	-1.03M
Capital Expenditure	-51K	-81K	-68K	-	-24K
Cash from Investing	-51K	-81K	-68K	-	-24K
Long-Term Debt Issued, Total	700K	-	-	-	-
Total Debt Issued	700K	-	-	-	-
Long-Term Debt Repaid, Total	-509K	-475K	-497K	-334K	-304K
Total Debt Repaid	-509K	-475K	-497K	-334K	-304K
Issuance of Common Stock	-	-	-	392K	1.13M
Other Financing Activities, Total	-	-	500K	-	-
Cash from Financing	191K	-475K	3K	58K	825K
Foreign Exchange Rate Adjustments	-	-	-	-	-
Net Change in Cash	644K	-861K	-105K	-486K	-228K
Supplemental Items
Cash Interest Paid	177K	147K	128K	264K	315K
Levered Free Cash Flow	792K	9.88K	883K	-81.75K	-397K
Unlevered Free Cash Flow	902K	102K	963K	77.62K	-202K
Change In Net Working Capital	-464K	-184K	-1.03M	-66K	-152K
Net Debt Issued / Repaid	191K	-475K	-497K	-334K	-304K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-3.28	-8.12	-9.36	-8.74	-9.74
Return on Total Capital	-3.49	-8.84	-10.36	-9.83	-11.18
Return On Equity %	-3.09	-20.96	-28.63	-37.88	-61.24
Return on Common Equity	-3.09	-20.96	-28.63	-37.88	-61.24
Margin Analysis
Gross Profit Margin %	19.82	11.17	12.17	14.32	8.22
SG&A Margin	23.77	24.3	25.86	27.06	25.4
EBITDA Margin %	-4.49	-14.76	-14.88	-14.26	-19.31
EBITA Margin %	-8.79	-18.58	-19	-18.23	-21.64
EBIT Margin %	-8.79	-18.58	-19	-18.23	-21.64
Income From Continuing Operations Margin %	-3.16	-18.03	-20.89	-21.24	-26.75
Net Income Margin %	-3.16	-18.03	-20.89	-21.24	-26.75
Net Avail. For Common Margin %	-3.16	-18.03	-20.89	-21.24	-26.75
Normalized Net Income Margin	-7.24	-13	-13.06	-13.28	-16.72
Levered Free Cash Flow Margin	12.27	0.14	13.92	-1.29	-6.16
Unlevered Free Cash Flow Margin	13.97	1.48	15.18	1.23	-3.13
Asset Turnover
Asset Turnover	0.6	0.7	0.79	0.77	0.72
Fixed Assets Turnover	1.48	1.89	2.14	1.63	1.34
Receivables Turnover (Average Receivables)	5.47	5.38	5.77	6.15	5.42
Inventory Turnover (Average Inventory)	1.71	2.19	2.15	2.17	2.42
Short Term Liquidity
Current Ratio	5.34	4.22	3.86	2.97	2.65
Quick Ratio	2.58	1.67	1.64	1.05	0.99
Operating Cash Flow to Current Liabilities	0.41	-0.22	-0.03	-0.37	-0.69
Days Sales Outstanding (Average Receivables)	66.69	67.87	63.24	59.51	67.38
Days Outstanding Inventory (Average Inventory)	213.89	166.38	169.53	168.86	151.09
Average Days Payable Outstanding	24.13	28.51	34.86	35.99	49.56
Cash Conversion Cycle (Average Days)	256.45	205.74	197.91	192.38	168.91
Long Term Solvency
Total Debt/Equity	51.76	53.92	61.08	165.19	191.27
Total Debt / Total Capital	34.11	35.03	37.92	62.29	65.67
LT Debt/Equity	43.67	44.75	49.41	155.37	177.95
Long-Term Debt / Total Capital	28.78	29.08	30.67	58.59	61.09
Total Liabilities / Total Assets	38.54	41.35	43.87	66.91	70.35
EBIT / Interest Expense	-3.22	-8.67	-9.41	-4.51	-4.46
EBITDA / Interest Expense	1.45	-3.27	-3.7	-1.95	-2.77
(EBITDA - Capex) / Interest Expense	1.16	-3.82	-4.23	-1.95	-2.84
Total Debt / EBITDA	13.22	-5.93	-5.12	-10.33	-5.59
Net Debt / EBITDA	5.83	-3.8	-3.19	-9.47	-5.35
Total Debt / (EBITDA - Capex)	16.53	-5.07	-4.48	-10.33	-5.44
Net Debt / (EBITDA - Capex)	7.28	-3.25	-2.79	-9.47	-5.21
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-6.86	6.26	-7.5	-0.47	1.98
Gross Profit, 1 Yr. Growth %	19.98	-14.7	0.78	17.1	-41.48
EBITDA, 1 Yr. Growth %	-60.76	24.02	-6.9	-4.66	38.11
EBITA, 1 Yr. Growth %	-43.81	16.56	-5.56	-4.48	21.03
EBIT, 1 Yr. Growth %	-43.81	16.56	-5.56	-4.48	21.03
Earnings From Cont. Operations, 1 Yr. Growth %	-65.31	505.88	7.2	1.21	28.41
Net Income, 1 Yr. Growth %	-65.31	505.88	7.2	1.21	28.41
Normalized Net Income, 1 Yr. Growth %	-31.25	11.93	-7.21	1.21	28.41
Diluted EPS Before Extra, 1 Yr. Growth %	-65.42	506.3	7.14	1.17	4.77
Accounts Receivable, 1 Yr. Growth %	24.57	-5.05	-23.03	14.75	16.68
Inventory, 1 Yr. Growth %	-16.69	1.49	-14.98	9.88	-12.78
Net Property, Plant and Equip., 1 Yr. Growth %	-16.24	-17.93	-17.93	88.69	-10.01
Total Assets, 1 Yr. Growth %	-3.92	-15.07	-21.3	32.36	-9.34
Tangible Book Value, 1 Yr. Growth %	-2.73	-18.96	-24.68	-21.98	-18.76
Common Equity, 1 Yr. Growth %	-2.73	-18.96	-24.68	-21.98	-18.76
Cash From Operations, 1 Yr. Growth %	-174.78	-160.52	-86.89	1.26K	89.15
Capital Expenditures, 1 Yr. Growth %	-69.28	58.82	-16.05	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-275.72	-97.87	11.48K	-109.26	385.17
Unlevered Free Cash Flow, 1 Yr. Growth %	-351.41	-82.24	867.71	-91.94	-359.74
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-21.11	-0.51	-0.86	-4.05	0.75
Gross Profit, 2 Yr. CAGR %	-34.51	-15.23	-7.28	8.64	-17.22
EBITDA, 2 Yr. CAGR %	-37.48	17.02	7.56	-5.79	14.75
EBITA, 2 Yr. CAGR %	6.92	12.37	5	-5.02	7.52
EBIT, 2 Yr. CAGR %	6.92	12.37	5	-5.02	7.52
Earnings From Cont. Operations, 2 Yr. CAGR %	-39.43	44.98	154.85	4.16	14
Net Income, 2 Yr. CAGR %	-39.43	44.98	154.85	4.16	14
Normalized Net Income, 2 Yr. CAGR %	21.11	14.48	1.98	-3.09	14
Diluted EPS Before Extra, 2 Yr. CAGR %	-36.41	44.79	154.76	4.11	-27.2
Accounts Receivable, 2 Yr. CAGR %	2.79	8.76	-14.51	-6.02	15.71
Inventory, 2 Yr. CAGR %	-7.02	-8.05	-7.11	-3.35	-2.1
Net Property, Plant and Equip., 2 Yr. CAGR %	-14.68	-17.09	-17.93	24.44	30.3
Total Assets, 2 Yr. CAGR %	-9.05	-9.67	-18.24	2.06	9.54
Tangible Book Value, 2 Yr. CAGR %	-5.14	-11.21	-21.87	-23.34	-20.38
Common Equity, 2 Yr. CAGR %	-5.14	-11.21	-21.87	-23.34	-20.38
Cash From Operations, 2 Yr. CAGR %	-25.42	-32.73	-71.83	33.55	407.2
Capital Expenditures, 2 Yr. CAGR %	-62.52	-30.15	15.47	-	-40.59
Levered Free Cash Flow, 2 Yr. CAGR %	172.8	-85.19	38.11	227.43	-32.97
Unlevered Free Cash Flow, 2 Yr. CAGR %	166.45	-46.73	29.64	-11.67	-54.24
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-12.74	-12.88	-2.9	-0.73	-2.08
Gross Profit, 3 Yr. CAGR %	-22.89	-36.43	-10.2	0.22	-11.61
EBITDA, 3 Yr. CAGR %	-10.76	10.9	8.5	3.32	7.02
EBITA, 3 Yr. CAGR %	53.42	36.95	6.1	1.74	2.97
EBIT, 3 Yr. CAGR %	53.42	36.95	6.1	1.74	2.97
Earnings From Cont. Operations, 3 Yr. CAGR %	12.57	30.51	31.1	87.33	11.69
Net Income, 3 Yr. CAGR %	12.57	30.51	31.1	87.33	11.69
Normalized Net Income, 3 Yr. CAGR %	-4.77	40.88	6.79	1.72	6.44
Diluted EPS Before Extra, 3 Yr. CAGR %	18.63	34.84	30.92	87.25	-17.2
Accounts Receivable, 3 Yr. CAGR %	-2.7	0.11	-3.08	-5.7	1.01
Inventory, 3 Yr. CAGR %	-2.2	-4.27	-10.42	-1.76	-6.6
Net Property, Plant and Equip., 3 Yr. CAGR %	47.38	-15.78	-17.37	8.32	11.7
Total Assets, 3 Yr. CAGR %	8.18	-11.1	-13.73	-4	-1.89
Tangible Book Value, 3 Yr. CAGR %	0.87	-9.99	-15.95	-21.91	-21.84
Common Equity, 3 Yr. CAGR %	0.87	-9.99	-15.95	-21.91	-21.84
Cash From Operations, 3 Yr. CAGR %	2.36	-30.44	-60.99	2.58	49.98
Capital Expenditures, 3 Yr. CAGR %	-11.67	-39.35	-25.73	-	-33.33
Levered Free Cash Flow, 3 Yr. CAGR %	-9.28	-54.72	25.14	-43.89	273.29
Unlevered Free Cash Flow, 3 Yr. CAGR %	-5.26	-7.12	38.99	-48.64	26.54
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-8.47	-6.53	-8.17	-9.45	-1.46
Gross Profit, 5 Yr. CAGR %	-16.76	-22.73	-22.66	-21.24	-13.08
EBITDA, 5 Yr. CAGR %	15.84	32.48	18.27	3.94	10.96
EBITA, 5 Yr. CAGR %	50.68	110.26	50.32	18.34	6.66
EBIT, 5 Yr. CAGR %	50.68	110.26	50.32	18.34	6.66
Earnings From Cont. Operations, 5 Yr. CAGR %	96.29	55.49	56.09	19.25	23.97
Net Income, 5 Yr. CAGR %	96.29	55.49	56.09	19.25	23.97
Normalized Net Income, 5 Yr. CAGR %	67.34	23.87	8.88	21.33	9.62
Diluted EPS Before Extra, 5 Yr. CAGR %	93.64	58.84	61.06	21.57	3.53
Accounts Receivable, 5 Yr. CAGR %	-5.7	-4.75	-7.61	-2.39	4.04
Inventory, 5 Yr. CAGR %	-2	0.38	-4.19	-3.9	-7.18
Net Property, Plant and Equip., 5 Yr. CAGR %	23	18.12	16.61	-1.54	-0.86
Total Assets, 5 Yr. CAGR %	6.82	2.12	-3.28	-6.05	-5.08
Tangible Book Value, 5 Yr. CAGR %	2.9	-2.56	-8.93	-15.59	-17.75
Common Equity, 5 Yr. CAGR %	2.9	-2.56	-8.93	-15.59	-17.75
Cash From Operations, 5 Yr. CAGR %	19.14	-17.46	-38.91	-9.7	8.83
Capital Expenditures, 5 Yr. CAGR %	-12.6	-18.41	-1.68	-	-32.08
Levered Free Cash Flow, 5 Yr. CAGR %	10.63	-34.45	-3.59	-5.13	-2.52
Unlevered Free Cash Flow, 5 Yr. CAGR %	13.79	4.51	-1.91	-9.38	-10.88