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WIRELESS TELECOM GROUP INC (WTT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Net revenues  22.422.741.748.952.846.131.333.1
            Net revenues growth  -1.4%-45.7%-14.7%-7.3%14.6%47.1%-5.4%-17.9%
Cost of revenues  9.59.720.826.628.626.818.218.3
    Gross profit  12.813.021.022.324.219.313.214.8
            Gross margin  57.4%57.2%50.2%45.6%45.8%41.8%42.0%44.8%
   
Operating expenses          
Research and development  1.81.76.45.94.94.44.04.0
Sales and marketing  4.04.07.07.77.67.05.25.2
General and administrative  9.69.19.910.210.311.06.55.0
    Total operating expenses  15.515.229.123.823.444.515.714.1
    Operating loss  -2.6-2.2-8.1-1.50.8-2.9-2.50.7
            Operating margin  -11.8%-9.8%-19.4%-3.0%1.5%-6.2%-8.1%2.3%
Loss on extinguishment of debt  -0.82.0      
Other income/(expense)  0.40.10.20.0-0.1-0.10.40.0
Interest income/(expense)  -0.1-1.1-1.0-0.3-0.6-0.60.70.0
    Loss before taxes  -3.2-1.2-8.9-1.80.1-3.2-2.20.7
Tax benefit  -0.7-0.6-0.8-1.40.01.2-0.40.3
    Net loss from continuing operations  -2.5-0.7-8.1-0.40.0-4.5-1.80.4
Net income from discontinued operations, net of taxes  17.02.2      
    Net income/(loss)  14.61.5-8.1-0.40.0-4.5-1.80.4
   
Other comprehensive income/(loss):          
Foreign currency translation adjustments  -0.8-0.10.20.5-0.91.0  
    Comprehensive income/(loss)  13.81.4-7.90.1-0.9-3.5-1.8 
   
Loss per share from continuing operations:          
Basic  0.00.021.7     
Diluted  0.00.0      
   
Income per share from discontinued operations:          
Basic  0.00.0      
Diluted  0.00.0      
   
Income/(loss) per share:          
Basic  $0.68$0.07($0.37)($0.02) ($0.22)($0.10)$0.02
Diluted  $0.65$0.06($0.37)($0.02) ($0.22)($0.10)$0.02
   
Weighted average shares outstanding:          
Basic  21.722.021.721.120.920.018.519.3
Diluted  22.524.321.721.121.620.018.520.3

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