widepoint corporation is a leading provider of wireless mobility management and cybersecurity solutions. identity access management, multi-factor authentication and critical response management offer advanced information technology through its innovative solutions to the government and commercial markets. widepoint is comprised of four business groups with each offering unique capabilities specializing in emergency response management solutions, asymmetric authentication deployed as pki, wireless telecommunication expense management services, forensic informatics system engineering and consulting services. we provide leadership on trusted virtual and physical credentialing authentication, authorization and attribute tracking; and competitive sourcing of wireless telecommunication services to meet the demands of our government and commercial customers. we intend to grow significantly over the next few years through a combination of aggressive organic growth, the acquiring of selective
Company profile
Ticker
WYY
Exchange
Website
CEO
Jin Kang
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ZMAX CORP
SEC CIK
Corporate docs
Subsidiaries
WidePoint Integrated Solutions Corp. • WidePoint Cybersecurity Solutions Corporation • WidePoint IL, Inc. • WidePoint Global Solutions, Inc. • WYY Florida Sub, Inc. • In January 2019, WidePoint Solutions Corp. • In April 2017, Advanced Response Concepts Corporation • In January 2021, WidePoint IL, Inc. ...
IRS number
522040275
WYY stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
26 Mar 24
8-K
Entry into a Material Definitive Agreement
4 Mar 24
8-K
Entry into a Material Definitive Agreement
29 Jan 24
8-K
Departure of Directors or Certain Officers
29 Dec 23
8-K
Results of Operations and Financial Condition
16 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Entry into a Material Definitive Agreement
16 Oct 23
8-K
Results of Operations and Financial Condition
18 Aug 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
S-8
Registration of securities for employees
28 Jun 23
Transcripts
WYY
Earnings call transcript
2023 Q4
26 Mar 24
WYY
Earnings call transcript
2023 Q3
14 Nov 23
WYY
Earnings call transcript
2023 Q2
15 Aug 23
WYY
Earnings call transcript
2023 Q1
15 May 23
WYY
Earnings call transcript
2022 Q4
27 Mar 23
WYY
Earnings call transcript
2022 Q3
14 Nov 22
WYY
Earnings call transcript
2022 Q2
16 Aug 22
WYY
Earnings call transcript
2022 Q1
16 May 22
WYY
Earnings call transcript
2021 Q4
29 Mar 22
WYY
Earnings call transcript
2021 Q3
16 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 8.46 mm | 8.46 mm | 8.46 mm | 8.46 mm | 8.46 mm | 8.46 mm |
Cash burn (monthly) | (no burn) | (no burn) | 302.60 k | 282.08 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 1.81 mm | 1.68 mm | n/a | n/a |
Cash remaining | n/a | n/a | 6.65 mm | 6.78 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 22.0 | 24.0 | n/a | n/a |
Institutional ownership, Q2 2023
10.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 26 |
Opened positions | 2 |
Closed positions | 2 |
Increased positions | 7 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 1.67 bn |
Total shares | 932.60 k |
Total puts | 0.00 |
Total calls | 8.50 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 378.94 k | $704.83 mm |
Hussman Strategic Advisors | 92.00 k | $171.12 mm |
Bridgeway Capital Management | 83.90 k | $156.05 mm |
Geode Capital Management | 62.38 k | $116.02 mm |
Dimensional Fund Advisors | 42.26 k | $78.61 mm |
Summit Financial Strategies | 36.49 k | $67.87 mm |
Citadel Advisors | 32.13 k | $59.76 mm |
Platform Technology Partners | 26.75 k | $53.51 mm |
Renaissance Technologies | 25.90 k | $48.00 k |
STT State Street | 20.15 k | $37.49 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Aug 23 | Philip N Garfinkle | Common Stock | Grant | Acquire A | No | No | 0 | 42,328 | 0.00 | 73,849 |
4 Aug 23 | James Bernard Rice | Common Stock | Grant | Acquire A | No | No | 0 | 31,746 | 0.00 | 63,267 |
4 Aug 23 | Robert J George | Common Stock | Grant | Acquire A | No | No | 0 | 97,143 | 0.00 | 114,143 |
4 Aug 23 | Robert J George | Stock Option Common Stock | Grant | Acquire A | No | No | 1.82 | 9,714 | 17.68 k | 9,714 |
4 Aug 23 | Ian Sparling | Common Stock | Grant | Acquire A | No | No | 0 | 97,143 | 0.00 | 97,143 |
4 Aug 23 | Ian Sparling | Stock Option Common Stock | Grant | Acquire A | No | No | 1.82 | 9,714 | 17.68 k | 9,714 |
4 Aug 23 | Bowen Julia A | Common Stock | Grant | Acquire A | No | No | 0 | 31,746 | 0.00 | 78,475 |
News
Earnings Scheduled For March 26, 2024
26 Mar 24
WidePoint Sees FY23 Revenue $106M Vs $104.16M Est.; Building Upon A Robust Q4, Sustains Momentum With A Substantial Federal Contract Backlog Totaling $359M As Of December 31, 2023
13 Feb 24
WidePoint's Subsidiary IT Authorities Awarded New $1.4M Managed IT And Cyber Services Contract
5 Feb 24
12 Information Technology Stocks Moving In Tuesday's Intraday Session
16 Jan 24
WidePoint Awarded More Than $70.3M In IT And Security Services Contracts During Q4 2023
16 Jan 24
Press releases
WidePoint Reports Fourth Quarter and Full Year 2023 Financial Results
26 Mar 24
WidePoint Sets Fourth Quarter and Full Year 2023 Conference Call for Tuesday, March 26, 2024 at 4:30 p.m. ET
12 Mar 24
WidePoint Shares Strong 2023 Preliminary Results and Announces Strategic Priorities for 2024
13 Feb 24
WidePoint's Subsidiary IT Authorities Awarded New $1.4 Million Managed IT and Cyber Services Contract
5 Feb 24