High Wire Networks Key Executives

This section highlights High Wire Networks's key executives, including their titles and compensation details.

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High Wire Networks Earnings

This section highlights High Wire Networks's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: April 17, 2025
Time: --
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: November 22, 2024
EPS: $-0.01
Est. EPS: $-
Revenue: $2.05M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS

High Wire Networks, Inc. (HWNI)

High Wire Networks, Inc. offers outsourced services to the wireless and wireline industry in Puerto Rico, Canada, and the United States. The company operates through two segments, Technology and High Wire. It provides engineering and installation services, staffing solutions, and other services, including consulting services to the telecommunications and technology industry, service providers, and enterprise customers. In addition, it engages in end-to-end protection for networks, data, endpoints, and users; and provision of fiber and DAS deployments for facilities and outdoor environments. Further, it offers network systems design, site acquisition services, asset audits, architectural and engineering services, program management, construction management and inspection, construction, installation, and maintenance and other technical services, as well as in-field design, computer-aided design, and drawing services. The company serves software and hardware original equipment manufacturers (OEMs), cable broadband multiple system operators, and telecommunications OEMs. High Wire Networks, Inc. is based in Boca Raton, Florida.

Technology Information Technology Services

$0.03

Stock Price

$8.19M

Market Cap

72

Employees

Boca Raton, FL

Location

Financial Statements

Access annual & quarterly financial statements for High Wire Networks, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Revenue $26.99M $55.05M $27.21M $9.91M $25.50M
Cost of Revenue $29.39M $41.49M $19.01M $4.95M $25.81M
Gross Profit $-2.40M $13.56M $8.19M $4.95M $-317.31K
Gross Profit Ratio -8.88% 24.62% 30.10% 50.00% -1.24%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $7.08M $24.06M $11.36M $6.19M $4.12M
Selling and Marketing Expenses $- $- $- $- $-947.10K
Selling General and Administrative Expenses $7.08M $24.06M $11.36M $6.19M $3.17M
Other Expenses $3.53M $1.33M $-119.12K $209.25K $5.06M
Operating Expenses $10.61M $25.39M $11.24M $6.40M $3.17M
Cost and Expenses $40.00M $66.88M $30.26M $11.35M $28.99M
Interest Income $- $1.03M $837.97K $167.52K $-
Interest Expense $3.57M $4.54M $1.32M $167.52K $3.25M
Depreciation and Amortization $943.70K $925.55K $518.72K $293.46K $200.91K
EBITDA $-8.63M $-5.79M $-11.84M $-249.03K $-1.30M
EBITDA Ratio -31.98% -16.42% -5.21% -11.33% -12.90%
Operating Income $-13.00M $-11.84M $-3.05M $-1.44M $-3.49M
Operating Income Ratio -48.17% -21.50% -11.21% -14.55% -13.69%
Total Other Income Expenses Net $-145.36K $1.84M $-10.00M $732.23K $-1.27M
Income Before Tax $-13.15M $-19.83M $-13.68M $-710.00K $-4.76M
Income Before Tax Ratio -48.71% -36.02% -50.27% -7.17% -18.66%
Income Tax Expense $- $3.97M $1.25M $176.96K $204.23K
Net Income $-14.49M $-23.80M $-14.93M $-886.96K $-5.83M
Net Income Ratio -53.67% -43.23% -54.88% -8.95% -22.88%
EPS $-0.06 $-0.35 $-0.78 $-0.07 $-48.88
EPS Diluted $-0.06 $-0.35 $-0.78 $-0.07 $-48.88
Weighted Average Shares Outstanding 226.71M 68.71M 19.15M 13.19M 119.36K
Weighted Average Shares Outstanding Diluted 226.71M 68.71M 19.15M 13.19M 119.36K
SEC Filing Source Source Source Source Source


Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020 December 31, 2019
Revenue $2.05M $1.94M $7.65M $4.87M $6.02M $5.94M $10.17M $15.13M $13.51M $13.73M $12.67M $2.97M $11.37M $7.79M $2.46M $-2.49M $3.65M $3.13M $5.61M $-8.30B
Cost of Revenue $1.37M $3.16M $6.11M $6.13M $4.37M $3.43M $8.73M $12.63M $9.86M $9.80M $9.20M $2.03M $8.66M $5.34M $1.35M $2.21M $2.50M $2.07M $4.71M $7.15B
Gross Profit $678.67K $-1.22M $1.54M $-1.26M $1.66M $2.51M $1.43M $2.50M $3.65M $3.94M $3.47M $936.06K $2.71M $2.45M $1.11M $-4.70M $1.15M $1.06M $897.34K $-15.45B
Gross Profit Ratio 33.08% -63.10% 20.20% -26.00% 27.50% 42.20% 14.10% 16.50% 27.00% 28.70% 27.40% 31.50% 23.80% 31.50% 45.20% 188.88% 31.56% 33.91% 16.00% 186.13%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $1.02M $1.55M $2.96M $3.78M $4.02M $4.51M $3.86M $9.72M $4.98M $4.94M $4.41M $2.89M $3.66M $2.93M $1.65M $835.90K $1.73M $1.58M $659.31K $933.10M
Selling and Marketing Expenses $- $- $-1.77M $-2.13M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $1.02M $1.55M $1.19M $1.65M $4.02M $4.51M $3.86M $9.72M $4.98M $4.94M $4.41M $2.89M $3.66M $2.93M $1.65M $835.90K $1.73M $1.58M $659.31K $933.10M
Other Expenses $1.23M $233.52K $-98.50K $1.39M $2.87M $37.50K $202.62K $647.32K $1.20K $228.87K $1.26K $-500.22K $490.85K $408.33K $333 $333 $25.33K $469 $1.23M $-1.23B
Operating Expenses $2.25M $3.79M $1.19M $1.65M $4.21M $4.73M $4.06M $10.37M $5.21M $5.17M $4.64M $3.03M $3.54M $2.77M $1.70M $970.55K $1.75M $1.60M $681.33K $933.10M
Cost and Expenses $3.62M $4.94M $7.30M $7.78M $8.57M $8.16M $12.80M $23.00M $15.07M $14.97M $13.84M $5.06M $12.20M $8.12M $3.05M $-1.97M $4.25M $3.67M $5.39M $8.08B
Interest Income $- $- $- $- $- $731.23K $694.22K $- $257.84K $386.76K $386.76K $837.97K $451.22K $123.73K $- $- $- $- $- $-
Interest Expense $117.10K $1.17M $675.97K $942.07K $1.20M $731.23K $694.22K $1.38M $971.07K $1.26M $927.32K $611.79K $725.76K $57.98K $44.43K $45.32K $53.78K $39.40K $29.02K $777.20M
Depreciation and Amortization $212.47K $259.28K $213.81K $262.61K $213.55K $240.58K $226.96K $683.18K $268.80K $268.18K $264.96K $250.35K $211.07K $101.41K $21.80K $156.06K $47.56K $25.97K $22.23K $-96.71M
EBITDA $-1.34M $-1.65M $475.34K $-5.76M $-2.13M $-3.17M $2.43M $-24.53M $-1.67M $6.90M $5.36M $-2.36M $-8.26M $-1.50M $-537.80K $-361.53K $-8.44M $-1.53M $238.03K $765.44M
EBITDA Ratio -65.35% -85.05% 7.34% -55.09% -38.84% -32.69% -23.65% -47.49% -7.65% -2.21% -4.05% -50.66% -1.14% 1.77% -20.83% 14.54% -14.48% -16.33% 4.24% -9.22%
Operating Income $-1.57M $-3.00M $347.66K $-2.92M $-2.55M $-2.22M $-2.63M $-7.87M $-1.56M $-1.24M $-1.17M $-2.21M $-1.13M $-530.37K $-585.34K $-517.92K $-601.59K $-538.51K $215.79K $1.01B
Operating Income Ratio -76.53% -155.02% 4.54% -59.97% -42.38% -37.37% -25.88% -52.01% -11.56% -9.01% -9.21% -74.28% -9.98% -6.80% -23.78% 20.84% -16.48% -17.18% 3.85% -12.16%
Total Other Income Expenses Net $-100.33K $-71.47K $-762.10K $-1.36M $-998.41K $-1.74M $2.44M $-18.73M $-1.20M $6.60M $5.33M $-1.02M $-7.87M $-537.23K $-44.09K $828.41K $-28.45K $-38.93K $-28.80K $-1.01B
Income Before Tax $-1.67M $-3.08M $-414.44K $-6.96M $-3.55M $-3.96M $-186.21K $-26.60M $-2.76M $5.37M $4.17M $-3.22M $-9.20M $-1.66M $-629.43K $310.49K $-630.04K $-577.44K $187.00K $84.95M
Income Before Tax Ratio -81.42% -158.71% -5.42% -143.08% -58.97% -66.67% -1.83% -175.77% -20.44% 39.06% 32.87% -108.49% -80.92% -21.29% -25.57% -12.49% -17.26% -18.42% 3.33% -1.02%
Income Tax Expense $- $- $347.66K $-4 $1.20M $768.73K $-2.26M $6.19M $972.27K $-6.60M $137.19K $-1.07M $1.33M $758.17K $-454.41K $-79.71K $59.71K $59.30K $108.42K $-10.39M
Net Income $-1.67M $4.79M $-414.44K $-6.96M $-3.55M $-3.96M $2.07M $-32.79M $-2.76M $11.97M $4.96M $-1.98M $-9.31M $-1.95M $-130.26K $435.85K $-610.63K $-596.87K $78.57K $95.33M
Net Income Ratio -81.42% 246.97% -5.42% -143.08% -58.97% -66.67% 20.39% -216.71% -20.44% 87.13% 39.12% -66.51% -81.92% -25.04% -5.29% -17.53% -16.73% -19.04% 1.40% -1.15%
EPS $-0.01 $0.02 $0.00 $-0.03 $-0.01 $-0.02 $0.01 $-0.51 $-0.05 $0.17 $0.05 $-0.04 $-0.31 $-0.43 $0.00 $0.01 $-0.01 $-0.01 $0.11 $798.82
EPS Diluted $-0.01 $0.02 $0.00 $-0.03 $-0.01 $-0.02 $0.01 $-0.51 $-0.05 $0.16 $0.05 $-0.04 $-0.31 $-0.43 $0.00 $0.01 $-0.01 $-0.01 $0.11 $798.82
Weighted Average Shares Outstanding 240.91M 240.62M 240.54M 239.88M 237.86M 232.30M 197.48M 64.06M 59.84M 72.51M 101.82M 46.15M 30.30M 4.56M 57.27M 57.27M 57.27M 57.27M 722.37K 119.34K
Weighted Average Shares Outstanding Diluted 240.91M 272.05M 240.54M 239.88M 237.86M 232.30M 217.33M 64.06M 59.84M 74.15M 101.82M 46.15M 30.43M 4.56M 57.27M 57.27M 57.27M 57.27M 722.36K 119.34K
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Cash and Cash Equivalents $333.36K $886.57K $508.39K $184.68K $375.14K
Short Term Investments $- $- $- $- $-
Cash and Short Term Investments $333.36K $886.57K $508.39K $184.68K $375.14K
Net Receivables $2.29M $3.93M $7.96M $1.12M $4.15M
Inventory $- $- $- $1.45M $1
Other Current Assets $117.03K $6.98M $3.12M $1.63M $1.77M
Total Current Assets $2.74M $10.67M $11.07M $2.94M $6.30M
Property Plant Equipment Net $1.30M $1.63M $1.51M $639.82K $108.06K
Goodwill $3.16M $9.87M $21.70M $1.73M $331.22K
Intangible Assets $3.62M $10.43M $11.63M $1.20M $1.57M
Goodwill and Intangible Assets $6.78M $20.30M $33.33M $2.93M $1.91M
Long Term Investments $- $- $- $- $-
Tax Assets $- $- $- $- $-
Other Non-Current Assets $- $-21.93M $52.62K $1.15M $3.86M
Total Non-Current Assets $8.09M $21.93M $34.89M $4.72M $5.87M
Other Assets $- $- $- $- $1
Total Assets $10.83M $32.59M $45.96M $7.66M $12.17M
Account Payables $6.42M $6.53M $3.69M $834.24K $2.74M
Short Term Debt $5.03M $3.81M $11.67M $657.77K $10.19M
Tax Payables $- $- $- $- $-
Deferred Revenue $382.58K $2.07M $633.77K $184.45K $355.99K
Other Current Liabilities $833.62K $11.22M $15.87M $741.99K $2.81M
Total Current Liabilities $12.66M $21.56M $31.86M $2.42M $16.09M
Long Term Debt $920.85K $1.81M $2.74M $2.08M $28.32K
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-
Other Non-Current Liabilities $- $20.94M $211.72K $447.39K $-
Total Non-Current Liabilities $920.85K $11.11M $9.88M $2.53M $28.32K
Other Liabilities $- $- $- $- $-
Total Liabilities $13.58M $32.67M $41.74M $4.95M $16.12M
Preferred Stock $12.62M $17.47M $13.59M $- $1.49M
Common Stock $2.40K $1.65K $462 $- $2
Retained Earnings $-46.55M $-32.06M $-13.02M $802.37K $-30.49M
Accumulated Other Comprehensive Income Loss $- $- $- $74.74K $74.74K
Other Total Stockholders Equity $31.18M $20.34M $8.63M $298.54K $25.54M
Total Stockholders Equity $-2.75M $5.75M $9.20M $1.10M $-3.95M
Total Equity $-2.75M $5.75M $11.15M $2.71M $-3.95M
Total Liabilities and Stockholders Equity $10.83M $32.59M $45.96M $7.66M $12.17M
Minority Interest $- $- $1.95M $1.61M $-
Total Liabilities and Total Equity $10.83M $32.59M $45.96M $7.66M $12.17M
Total Investments $- $- $- $- $-
Total Debt $5.95M $9.49M $14.41M $2.93M $10.22M
Net Debt $5.61M $8.60M $13.90M $2.75M $9.84M


Balance Sheet Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020 December 31, 2019
Cash and Cash Equivalents $140.68K $4.19M $263.62K $333.36K $347.57K $1.20M $978.24K $886.57K $858.46K $1.97M $1.10M $508.39K $2.26M $2.20M $415.46K $184.68K $653.13M $2.15B $73.98K $468.82K
Short Term Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $369.36K $- $- $- $- $-
Cash and Short Term Investments $140.68K $4.19M $263.62K $333.36K $347.57K $1.20M $978.24K $886.57K $858.46K $1.97M $1.10M $508.39K $2.26M $2.20M $415.46K $184.68K $653.13M $2.15B $73.98K $468.82K
Net Receivables $1.37M $1.37M $4.48M $2.29M $4.13M $3.35M $7.04M $8.75M $8.74M $8.28M $7.78M $7.96M $8.15M $7.28M $2.89M $1.12M $3.64B $3.88B $4.81M $5.17M
Inventory $- $- $1 $- $1 $- $- $- $- $- $1 $- $1 $2.00M $- $- $- $- $- $-
Other Current Assets $387.43K $213.79K $312.25K $117.03K $382.24K $344.16K $509.88K $1.04M $1.17M $881.34K $1.67M $3.12M $429.95K $2.32M $2.27M $1.63M $306.92M $5.53B $5.62M $661.80K
Total Current Assets $1.90M $5.77M $5.06M $2.74M $4.86M $4.90M $8.53M $10.67M $10.77M $11.13M $9.71M $11.07M $10.84M $11.79M $5.31M $2.94M $4.60B $11.56B $10.50M $6.30M
Property Plant Equipment Net $1.05M $1.14M $1.23M $1.30M $1.62M $1.33M $1.53M $1.63M $1.33M $1.40M $1.47M $1.51M $612.71K $660.12K $121.95K $639.82K $192.82M $210.46M $218.84K $261.45K
Goodwill $1.81M $1.81M $3.16M $3.16M $5.41M $5.41M $5.41M $9.87M $21.70M $21.70M $21.70M $21.70M $18.71M $18.74M $331.22K $1.73M $331.22M $1.91B $1.91M $1.91M
Intangible Assets $3.08M $3.20M $3.49M $3.62M $4.23M $4.40M $4.57M $10.43M $11.04M $11.24M $11.43M $11.63M $6.32M $6.40M $- $1.20M $- $- $- $-
Goodwill and Intangible Assets $4.89M $5.02M $6.66M $6.78M $9.63M $9.80M $9.97M $20.30M $32.74M $32.93M $33.13M $33.33M $25.03M $25.14M $331.22K $2.93M $331.22M $1.91B $1.91M $1.91M
Long Term Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Tax Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $- $- $- $- $- $-11.14M $-11.51M $-21.93M $- $-34.34M $- $52.62K $1.07M $709.54K $609.82K $1.15M $1.19B $3.60B $3.69M $3.70M
Total Non-Current Assets $5.94M $6.16M $7.89M $8.09M $11.25M $11.14M $11.51M $21.93M $34.07M $34.34M $34.60M $34.89M $26.72M $26.51M $1.06M $4.72M $1.72B $5.72B $5.81M $5.87M
Other Assets $- $- $- $- $- $- $- $- $- $- $-1 $- $- $- $- $- $- $- $- $-
Total Assets $7.84M $11.93M $12.95M $10.83M $16.11M $16.04M $20.03M $32.59M $44.84M $45.46M $44.31M $45.96M $37.56M $38.30M $6.38M $7.66M $6.31B $17.28B $16.31M $12.17M
Account Payables $- $5.69M $6.82M $6.42M $5.41M $4.42M $5.92M $6.53M $6.39M $5.46M $4.28M $3.69M $4.20M $5.25M $1.81M $834.24K $- $- $- $-
Short Term Debt $2.14M $2.38M $7.52M $5.03M $5.45M $4.47M $4.28M $3.81M $9.73M $10.07M $11.65M $11.67M $8.87M $6.99M $3.21M $657.77K $545.47M $323.98M $141.69K $-
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $364.93K $384.25K $382.58K $504.71K $629.42K $808.04K $2.07M $2.35M $1.39M $1.27M $633.77K $1.35M $827.53K $368.69K $184.45K $- $- $- $-
Other Current Liabilities $4.96M $530.93K $1.03M $833.62K $100.00K $-2.81M $1.79M $11.22M $2.80M $2.19M $9.25M $15.87M $13.77M $9.22M $7.90M $926.44K $8.66B $12.45B $14.89M $16.09M
Total Current Liabilities $7.10M $8.96M $15.75M $12.66M $11.47M $11.14M $12.80M $21.56M $21.27M $19.12M $26.45M $31.86M $28.19M $22.29M $12.92M $2.42M $9.21B $12.77B $15.03M $16.09M
Long Term Debt $98.13K $504.06K $163.16K $920.85K $840.90K $- $- $1.81M $2.48M $2.89M $787.59K $2.74M $2.55M $4.83M $- $2.28M $- $- $- $173.35K
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $- $- $- $- $- $- $- $9.30M $8.18M $8.59M $8.73M $211.72K $3.18M $814.98K $9.25M $250.80K $4.35B $3.56B $- $-145.03K
Total Non-Current Liabilities $98.13K $504.06K $163.16K $920.85K $840.90K $12.88M $5.10M $11.11M $10.66M $11.48M $9.52M $9.88M $5.73M $5.65M $9.25M $2.53M $4.35B $3.56B $- $173.35K
Other Liabilities $290.55K $- $1 $-920.85K $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-145.03K
Total Liabilities $7.49M $9.46M $15.92M $12.66M $12.31M $24.01M $17.91M $32.67M $31.93M $30.60M $35.98M $41.74M $33.91M $27.94M $22.17M $4.95M $13.55B $16.33B $15.03M $16.12M
Preferred Stock $7.75M $12.62M $12.62M $12.62M $12.62M $12.88M $14.35M $17.47M $6.40M $13.33M $13.33M $13.59M $1.89M $2.09M $1.02M $- $737.40M $847.49M $965.36K $-
Common Stock $2.42K $2.41K $2.41K $2.40K $2.38K $2.38K $2.28K $1.65K $623 $573 $514 $462 $355 $283 $226 $74.87K $74.83M $74.77M $74.75K $74.74K
Retained Earnings $-44.53M $-42.17M $-46.96M $-46.55M $-39.58M $-37.54M $-33.58M $-32.06M $-5.46M $-2.70M $-8.07M $-13.02M $-8.95M $358.38K $-58.21M $802.37K $-44.95B $-36.05B $-34.14M $-30.49M
Accumulated Other Comprehensive Income Loss $- $- $-7.75M $-2.40K $- $- $- $- $- $0 $- $- $- $0 $74.74K $-0 $-737.40M $-847.49M $-965.36K $-
Other Total Stockholders Equity $37.14M $32.02M $31.37M $31.18M $30.77M $50.42M $31.56M $20.34M $11.97M $11.16M $10.00M $8.63M $9.53M $7.05M $59.90M $298.54K $46.91B $38.23B $37.29M $31.98M
Total Stockholders Equity $354.00K $2.47M $-2.97M $-2.75M $3.80M $4.90M $7.23M $5.75M $12.91M $21.80M $15.27M $9.20M $2.46M $9.49M $2.71M $1.10M $1.22B $1.33B $1.45M $1.49M
Total Equity $354.00K $2.47M $-2.97M $-2.75M $3.80M $4.90M $7.23M $5.75M $12.91M $21.80M $15.27M $11.15M $4.26M $11.17M $2.71M $2.71M $1.22B $1.33B $1.45M $1.49M
Total Liabilities and Stockholders Equity $7.84M $11.93M $12.95M $10.83M $16.11M $16.04M $20.03M $32.59M $44.84M $45.46M $44.31M $45.96M $37.56M $38.30M $23.19M $7.66M $14.78B $17.66B $16.48M $12.17M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $1.95M $1.80M $1.68M $- $1.61M $- $- $- $-
Total Liabilities and Total Equity $7.84M $11.93M $12.95M $10.83M $16.11M $16.04M $20.03M $32.59M $44.84M $45.46M $44.31M $45.96M $37.56M $38.30M $23.19M $7.66M $14.78B $17.66B $16.48M $12.17M
Total Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $369.36K $- $- $- $- $-
Total Debt $2.24M $2.78M $7.69M $5.03M $6.29M $4.47M $4.28M $9.49M $12.22M $12.96M $12.44M $14.41M $11.42M $11.82M $472.20K $2.93M $545.47M $323.98M $141.69K $173.35K
Net Debt $2.10M $-1.40M $7.42M $4.69M $5.95M $3.27M $3.30M $8.60M $11.36M $11.00M $11.34M $13.90M $9.16M $9.63M $56.75K $2.75M $-107.66M $-1.83B $67.70K $-295.47K

Annual Cash Flow

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Net Income $-13.15M $-19.83M $-13.68M $-693.08K $-4.96M
Depreciation and Amortization $943.70K $1.49M $518.72K $293.46K $200.91K
Deferred Income Tax $- $- $11.13M $-1.85M $-
Stock Based Compensation $1.54M $6.73M $1.21M $- $-
Change in Working Capital $1.67M $3.54M $-3.21M $565.33K $2.70M
Accounts Receivables $1.63M $-786.43K $-6.91M $1.02M $2.80M
Inventory $- $- $70.00K $235.16K $-
Accounts Payables $670.70K $3.58M $3.18M $-681.91K $-860.63K
Other Working Capital $-630.22K $745.79K $449.32K $-3.43K $758.92K
Other Non Cash Items $1.06M $6.13M $-180.77K $-698.43K $-1.75M
Net Cash Provided by Operating Activities $-7.93M $-1.94M $-4.21M $-532.73K $-2.28M
Investments in Property Plant and Equipment $-20.00K $-404.70K $-93.35K $-115.32K $-7.76K
Acquisitions Net $50.00K $475.00K $-500.00K $- $-941.59K
Purchases of Investments $- $6.20M $- $- $-
Sales Maturities of Investments $- $- $- $- $-
Other Investing Activities $160.00K $-6.20M $2.00M $- $-1.00M
Net Cash Used for Investing Activities $190.00K $70.30K $-593.35K $-115.32K $-1.01M
Debt Repayment $4.22M $-4.25M $5.17M $499.20K $-
Common Stock Issued $2.95M $2.55M $4.40M $2.15M $4.90M
Common Stock Repurchased $- $- $1.45M $-2.15M $-31.98M
Dividends Paid $- $- $- $-31.95K $-
Other Financing Activities $3.20M $6.50M $-40.20K $-138.53K $3.08M
Net Cash Used Provided by Financing Activities $7.43M $2.25M $5.12M $328.72K $3.08M
Effect of Forex Changes on Cash $- $- $- $- $58.28K
Net Change in Cash $-315.67K $378.17K $323.72K $-319.33K $-245.45K
Cash at End of Period $333.36K $886.57K $508.39K $184.68K $375.14K
Cash at Beginning of Period $649.03K $508.39K $184.68K $504.01K $620.59K
Operating Cash Flow $-7.93M $-1.94M $-4.21M $-532.73K $-2.28M
Capital Expenditure $-20.00K $-404.70K $-93.35K $-115.32K $-7.76K
Free Cash Flow $-7.95M $-2.35M $-4.30M $-648.05K $-2.28M

Cash Flow Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020 December 31, 2019
Net Income $-4.23M $-3.08M $-414.44K $-6.96M $-3.55M $-3.96M $-186.21K $-27.39M $-2.76M $5.37M $4.96M $-3.22M $-8.40M $-1.42M $-629.43K $327.40K $-502.19K $-596.87K $78.57K $-3.89M
Depreciation and Amortization $527.90K $259.28K $213.81K $262.61K $213.55K $240.58K $226.96K $683.18K $268.80K $268.18K $264.96K $184.44K $211.07K $51.05K $72.16K $156.06K $47.56K $- $421.15K $140.07K
Deferred Income Tax $- $- $- $385.71K $-204.08K $-181.63K $- $- $- $- $- $1.55M $8.09M $- $- $-1.65M $- $- $-1.26M $-
Stock Based Compensation $204.96K $298.75K $136.10K $290.20K $388.88K $334.95K $527.99K $5.80M $334.25K $296.69K $299.03K $443.01K $39.29K $729.29K $165.97K $1.65M $- $- $201.94K $-312.56K
Change in Working Capital $365.04K $1.64M $-2.01M $2.86M $74.91K $2.27M $-3.54M $447.63K $1.11M $679.75K $1.31M $246.57K $-2.48M $-1.32M $353.88K $-195.58K $-252.31K $- $1.26M $331.04K
Accounts Receivables $1.41K $- $-2.19M $1.83M $-776.73K $3.69M $-3.11M $-6.30K $-463.31K $-500.18K $183.36K $-4.72M $-1.25M $-831.55K $-97.50K $125.75K $-691 $- $359.98K $2.41M
Inventory $- $- $- $-330.45K $-1.04M $1.37M $- $- $- $-1.14M $- $1.54M $-90.82K $-1.41M $27.64K $-68.81K $31.77K $- $- $-268.31K
Accounts Payables $- $625.45K $398.59K $903.62K $1.04M $-1.37M $91.46K $2.73M $- $1.14M $851.27K $3.86M $-1.66M $530.56K $449.43K $-219.44K $-233.98K $- $902.63K $-1.48M
Other Working Capital $363.63K $1.02M $-217.63K $-122.14K $851.64K $-1.42M $-515.37K $-2.28M $953.81K $1.18M $275.03K $-433.13K $521.37K $386.76K $-25.68K $-33.08K $-49.41K $- $-1.26M $-331.04K
Other Non Cash Items $-2.97M $90.49K $2.86M $189.46K $86.74K $1.55M $-2.19M $18.15M $527.10K $-6.66M $-6.38M $27.49K $-35.45K $1.14M $8.67K $-642.46K $-20.22K $596.87K $-78.57K $3.06M
Net Cash Provided by Operating Activities $-6.10M $-783.84K $-1.57M $-38.40K $-2.99M $256.59K $-5.16M $-2.31M $-39.61K $-48.90K $453.34K $-771.61K $-2.58M $-824.33K $-28.76K $-354.57K $-727.16K $- $-331.05K $-678.70K
Investments in Property Plant and Equipment $132 $397 $-13.72K $265 $-20.00K $- $- $-368.38K $-193 $-1.13K $-35.00K $-27.05K $-36.29K $-19.00K $-11.00K $-10.00K $-25.00K $- $- $-
Acquisitions Net $-9.78M $9.78M $- $157.89K $34 $177 $50.00K $75.00K $75.00K $50.00K $275.00K $-2.66M $-43.10K $2.16M $- $941.59K $- $- $- $-
Purchases of Investments $- $- $- $75.00K $- $- $3.42M $6.20M $- $- $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $9.78M $- $- $-160.67K $159.97K $- $-3.42M $-6.20M $75.00K $50.00K $275.00K $2.00M $- $- $- $-941.59K $- $- $- $-8.39K
Net Cash Used for Investing Activities $132 $9.78M $-13.72K $-2.52K $140.00K $177 $50.00K $-293.38K $74.81K $48.87K $240.00K $-2.68M $-36.29K $2.14M $-11.00K $-10.00K $-25.00K $- $- $-8.39K
Debt Repayment $-594.20K $-2.32M $126.41K $- $- $-106.37K $2.31M $-3.88M $-861.71K $-757.53K $-709.23K $3.00M $688.81K $-6.85K $-13.57K $-233.22K $-114.78K $- $-63.78K $-
Common Stock Issued $- $- $56.29K $2.22M $- $- $722.10K $1.69M $- $864.84K $815.29K $4.40M $- $- $1.85M $1.04M $- $- $64.26K $3.76M
Common Stock Repurchased $- $- $- $- $- $- $- $- $- $- $- $1.45M $- $- $-1.77M $-256.99K $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $-5.85M $- $- $-83.99K $-373.84K $-174.62K $- $- $-488.07K
Other Financing Activities $- $-2.75M $1.38M $24.18K $1.99M $75.00K $3.13M $6.51M $-282.47K $1.63M $606.84K $4.80M $2.00M $509.67K $80.90K $-138.53K $- $- $- $607.64K
Net Cash Used Provided by Financing Activities $-594.20K $-5.07M $1.51M $24.18K $1.99M $-31.37K $5.44M $2.63M $-1.14M $868.13K $-102.40K $1.95M $2.69M $502.82K $-16.66K $2.09K $-289.40K $- $-63.78K $119.57K
Effect of Forex Changes on Cash $- $- $- $177 $- $-177 $- $- $- $- $- $-251.77K $- $251.77K $- $-413.78K $- $- $- $-30.00K
Net Change in Cash $-4.04M $3.92M $-69.74K $-14.21K $-855.89K $225.22K $329.22K $28.11K $-1.11M $868.11K $590.94K $-1.76M $69.46K $2.07M $-56.41K $-776.26K $-1.04M $- $-394.83K $-527.97K
Cash at End of Period $140.68K $4.19M $263.62K $333.36K $347.57K $1.20M $978.24K $886.57K $858.46K $1.97M $1.10M $508.39K $2.26M $2.20M $128.26K $184.68K $960.94K $- $73.98K $468.82K
Cash at Beginning of Period $4.19M $263.62K $333.36K $347.57K $1.20M $978.24K $649.03K $858.46K $1.97M $1.10M $508.39K $2.26M $2.20M $128.26K $184.68K $960.94K $2.00M $- $468.82K $996.79K
Operating Cash Flow $-6.10M $-783.84K $-1.57M $-38.40K $-2.99M $256.59K $-5.16M $-2.31M $-39.61K $-48.90K $453.34K $-771.61K $-2.58M $-824.33K $-28.76K $-354.57K $-727.16K $- $-331.05K $-678.70K
Capital Expenditure $132 $397 $-13.72K $265 $-20.00K $- $- $-368.38K $-193 $-1.13K $-35.00K $-27.05K $-36.29K $-19.00K $-11.00K $-10.00K $-25.00K $- $- $-
Free Cash Flow $-6.10M $-783.44K $-1.58M $-38.13K $-3.01M $256.59K $-5.16M $-2.67M $-39.80K $-50.02K $418.34K $-798.67K $-2.62M $-843.33K $-39.76K $-364.57K $-752.15K $- $-331.05K $-678.70K

High Wire Networks Dividends

Explore High Wire Networks's dividend history, including dividend yield, payout ratio, and historical payments.

High Wire Networks does not currently pay a dividend.

High Wire Networks News

Read the latest news about High Wire Networks, including recent articles, headlines, and updates.

High Wire Networks Secures New Bundle Contract, Showcasing the Power of Integrated Cybersecurity Solutions

BATAVIA, Ill., March 20, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI) has finalized a new bundled services contract with an MSP partner, demonstrating the growing momentum behind its integrated approach to cybersecurity.

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Overwatch Expands Cybersecurity Innovation with AI-Driven Hyper-Automation, Delivering Unfair Advantage to MSPs

BATAVIA, Ill., March 18, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc.  (OTCQB: HWNI) is redefining cybersecurity for Managed Service Providers (MSPs) and their customers by embedding hyper-automation and AI-driven security into its platform.

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High Wire Networks Secures Major Managed Cybersecurity Renewal and ARR Growth Through Overwatch Bundling Strategy

BATAVIA, Ill., March 13, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity services, announced a significant customer renewal and expansion agreement through its Overwatch managed cybersecurity division.

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High Wire Networks Cancels $10 Million Equity Line of Credit (ELOC)

The Move Minimizes Dilution, and the ELOC is Not Expected to be Necessary Post-Listing The Move Minimizes Dilution, and the ELOC is Not Expected to be Necessary Post-Listing

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High Wire's Overwatch Expands Portfolio to Include Critically Needed Professional Services

BATAVIA, Ill., Feb. 27, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading managed security services provider (MSSP), announces its first professional services client for Cyber Advisory consulting.

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High Wire Networks Selected to Provide Managed Cybersecurity for Illinois College of Optometry

BATAVIA, Ill., Dec. 18, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), an award-winning global provider of managed cybersecurity, has been engaged to provide its innovative Overwatch managed security services for the Illinois College of Optometry (ICO), one of the world's leading optometric institutions with more than 85,000 patient visits to its eye institute every year and an alumni network of over 8,000 graduates practicing across the globe.

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High Wire Networks Strengthens Sales and Marketing Team to Accelerate Growth in Overwatch Managed Cybersecurity Recurring Revenue Streams

After Posting Record Revenues from Continuing Operations in Q3 2024, Company Prepares for Strong Market Expansion and Growth Trajectory After Posting Record Revenues from Continuing Operations in Q3 2024, Company Prepares for Strong Market Expansion and Growth Trajectory

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High Wire Reports Record Q3 2024 Results, Driven by Growth in Overwatch Managed Cybersecurity Business

BATAVIA, Ill., Nov. 22, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc.  (OTCQB: HWNI), a leading global provider of managed cybersecurity, reported results for continuing operations for the three months and nine months ended September 30, 2024. All comparisons are to the same year-ago period unless otherwise noted.

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High Wire Networks Named to MSSP Alert's 2024 List of Top 250 MSSPs

Eighth Annual List Reveals Leading MSSP, MDR and MSP Security Companies Eighth Annual List Reveals Leading MSSP, MDR and MSP Security Companies

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High Wire Networks Recognized as Top Cybersecurity Leader in Frost & Sullivan's 2024 Managed Security Services Report

High Wire Networks Receives Frost Radar™ Top 15 Ranking of Cybersecurity Companies in Growth and Innovation Categories High Wire Networks Receives Frost Radar™ Top 15 Ranking of Cybersecurity Companies in Growth and Innovation Categories

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High Wire Networks Appoints Edward Vasko as COO

New Senior Leadership Expected to Drive Growth and Development of High Wire's Overwatch Managed Cybersecurity Services Division and Secure Voice Business Unit New Senior Leadership Expected to Drive Growth and Development of High Wire's Overwatch Managed Cybersecurity Services Division and Secure Voice Business Unit

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High Wire Awarded Expanded Contract Renewal with National Luxury Automotive Group for Overwatch Managed Cybersecurity, Increasing Contract Value 5x

Annual Contract Renewal Provides 24/7 Managed XDR Services Across Multiple Upscale Dealerships Annual Contract Renewal Provides 24/7 Managed XDR Services Across Multiple Upscale Dealerships

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High Wire Networks Appoints Edward Vasko as CEO and Mark Dallmeier as CRO of Overwatch

New Management Appointments to Accelerate Growth and Development of High Wire's Overwatch Managed Cybersecurity Services New Management Appointments to Accelerate Growth and Development of High Wire's Overwatch Managed Cybersecurity Services

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High Wire Reports Q2 2024 Revenue up 14% to $1.9 Million; Net Income of $4.8 Million

BATAVIA, Ill., Aug. 23, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, reported results for continuing operations for the three months and six months ended June 30, 2024. All comparisons are to the same year-ago period unless otherwise noted.

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High Wire Networks Sells Technology Services Business Assets in All Cash Transaction to Become Pure-Play, AI-Powered Managed Cybersecurity Provider

Funds from Divesture to Accelerate Growth and Development of Company's Award-Winning Overwatch Managed Cybersecurity Business and its Higher Margin Recurring Revenue Streams Funds from Divesture to Accelerate Growth and Development of Company's Award-Winning Overwatch Managed Cybersecurity Business and its Higher Margin Recurring Revenue Streams

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High Wire Networks Appoints Veteran Cybersecurity Thought Leader and Executive, Edward Vasko, as Strategic Advisor

Vasko to Help Accelerate Growth and Development of High Wire's Overwatch Managed Cybersecurity Services Vasko to Help Accelerate Growth and Development of High Wire's Overwatch Managed Cybersecurity Services

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High Wire Awarded Contract to Deliver Overwatch OT/IoT Security™ Agentless, Zero Trust, Cybersecurity Solution for Major U.S. Health System

BATAVIA, Ill., May 22, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, was awarded a major new contract to deliver High Wire's Overwatch OT/IoT Security™ for a U.S. health system comprised of more than 25 hospitals and clinics and dozens of ancillary care facilities.

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High Wire Reports Q1 2024 Revenue of $7.7 Million, up 57% Sequentially, Driving Adjusted EBITDA of $674,000

BATAVIA, Ill., May 20, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, reported results for continuing operations for the three months ended March 31, 2024. All comparisons are to the same year-ago period unless otherwise noted.

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High Wire Networks CMO, Susanna Song, Named to CRN 2024 Women of the Channel Power 100 Solution Provider List

CMO Susanna Song Invited to Moderate Cyber & Hybrid Warfare Panel at the PISM Strategic Ark 2024 Conference on May 23 CMO Susanna Song Invited to Moderate Cyber & Hybrid Warfare Panel at the PISM Strategic Ark 2024 Conference on May 23

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High Wire Reports 2023 Revenue of $27.0 Million, with Annualized Recurring Revenue at $12.0 Million

Q1 2024 Revenue Outlook of $7.7 Million+, up 58% Sequentially, Driving Positive Adjusted EBITDA Q1 2024 Revenue Outlook of $7.7 Million+, up 58% Sequentially, Driving Positive Adjusted EBITDA

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High Wire Awarded Additional Fiber Installation Project for National Environmental Solutions Provider, Bringing Total Value of Engagement to $2.8 Million+

BATAVIA, Ill., April 17, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has been awarded a $1.23 million fiber installation project for a Fortune 500 national environmental solutions provider.

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High Wire Awarded Contract Renewal to Deliver Full Range of Tech Managed Services for National Environmental Solutions Provider

BATAVIA, Ill., March 08, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has been awarded an annual contract renewal to provide technology managed services to a Fortune 500 national environmental solutions provider.

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High Wire Networks to Present at the 36th Annual ROTH Conference, March 18-19, 2024

BATAVIA, Ill., Feb. 27, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has been invited to present at the 36 th Annual ROTH Conference being held at The Ritz Carlton in Dana Point, California on March 17-19, 2024.

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High Wire Networks Named to CRN MSP 500 and Elite 150 Listings of Nation's Top IT Managed Service Providers

BATAVIA, Ill., Feb. 12, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has been named by CRN Magazine to its MSP 500 and Elite 150 lists for the second year in a row. CRN, a brand of The Channel Company, has long been recognized by the IT industry as the No. 1 trusted source for IT channel news, analysis and insight delivered online and in print.

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High Wire Networks Launches Pilot Project as Part of a $2.4 Billion, 10-Year Network Modernization Initiative

Program Secured with Channel Partner and National Wireless Network Operator for a Large U.S. Government Agency's 4,000 Locations Program Secured with Channel Partner and National Wireless Network Operator for a Large U.S. Government Agency's 4,000 Locations

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High Wire Networks Reports Preliminary Third Quarter 2023 Results

Annualized Recurring Revenue at Record $15.6 Million, up 30% from Previous Quarter, Generated by Managed Cybersecurity and Tech Services

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High Wire Networks Joins Forces with Exclusive Networks to Offer Advanced Managed Cybersecurity Services

Combination with Exclusive Networks Delivers Enhanced Capabilities for Managed Endpoint Detection and Response Combination with Exclusive Networks Delivers Enhanced Capabilities for Managed Endpoint Detection and Response

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High Wire Networks Enters into $5 Million Securities Purchase Agreement

BATAVIA, Ill., Sept. 29, 2023 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI) (“High Wire” or the “Company”), a leading global provider of managed cybersecurity and technology enablement, has entered into a securities purchase agreement (the “Agreement”) through which the company may issue up to $5 million in senior secured convertible promissory notes (the “Notes”) and warrants to purchase the Company's common stock (the “Warrants”) to accredited investors.

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High Wire Networks Named to MSSP Alert's 2023 List of Top 250 MSSPs

Seventh Annual List Reveals Leading MSSP, MDR and MSP Security Companies Expect Strong Revenue Growth in 2023 vs. 2022 Seventh Annual List Reveals Leading MSSP, MDR and MSP Security Companies Expect Strong Revenue Growth in 2023 vs. 2022

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High Wire Networks to Present at National Investment Banking Association Conference, September 6-7, 2023

BATAVIA, Ill., Aug. 29, 2023 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has been invited to present at the National Investment Banking Association (NIBA) Conference being held at The Westin Fort Lauderdale Beach Resort in Ft. Lauderdale, Florida on September 6-7, 2023.

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Related Metrics

Explore detailed financial metrics and analysis for HWNI.