Wi2Wi Corporation Announces 2021 Year End Results
Wi2Wi Corporation Announces 2021 Year End Results
TORONTO, ON / ACCESSWIRE / April 18, 2022 / Wi2Wi Corporation today announced its audited consolidated financial results for the fiscal year ended December 31, 2021.
多倫多,on/ACCESSWIRE/2022年4月18日/Wi2Wi公司今天公佈了截至2021年12月31日的財年經審計的綜合財務業績。
Key Financial Highlights
主要財務亮點
Wi2Wi is executing on the fundamentals of its business by increasing net income and gross profit with positive cash flow for the first time since the COVID-19 global pandemic began.
Wi2Wi正在根據其業務的基本面執行任務,自新冠肺炎全球疫情爆發以來,首次以正現金流增加淨收入和毛利潤。
In FY21, Wi2Wi generated $6.453 million in revenue and a gross profit of $1.279 million. The company successfully concluded a workforce balancing initiative in FY21, resulting in a reduction of top-line expenses of $0.644 million over the previous fiscal year.
在21財年,Wi2Wi創造了645.3萬美元的收入和127.9萬美元的毛利潤。該公司在21財年成功完成了一項勞動力平衡計劃,導致收入支出比上一財年減少了64.4萬美元。
"We once again prevailed in a challenging environment - controlling spending and effectively utilizing cash for operations with a special focus on innovation and customer success." said Zachariah Mathews, President and CEO of Wi2Wi. "Together with a normalization in Wi2Wi's market order flow, we are actively identifying, seeking, and capturing future opportunities to drive growth. We believe that for Wi2Wi and the company's broadly applicable portfolio of innovative assets, the best is truly yet to come."
我們再次在一個充滿挑戰的環境中獲勝--控制支出,有效利用現金進行運營,特別注重創新和客户成功。“Wi2Wi總裁兼首席執行官Zachariah Mathews説。“隨着Wi2Wi市場訂單流程的正常化,我們正在積極尋找、尋找和抓住未來的機會,以推動增長。我們相信,對於Wi2Wi和公司廣泛適用的創新資產組合來説,最好的還沒有到來。”
FY21 Financial Overview
21財年財務概述
(In thousands of U.S. dollars) |
12 Months ending December 31, 2021 | 12 Months ending December 31, 2020 | ||||||
Revenue |
$ | 6,453 | $ | 6,928 | ||||
Net income |
(204 | ) | (588 | ) | ||||
Net cash provided by (used in) operations |
504 | (674 | ) | |||||
Cash and restricted cash |
2,383 | 1,739 | ||||||
Total assets |
10,600 | 11,033 | ||||||
Total current liabilities |
1,240 | 1,055 | ||||||
Shareholders' equity |
6,515 | 6,698 |
(單位:千美元) |
截至2021年12月31日的12個月 | 截至2020年12月31日的12個月 | ||||||
收入 |
$ | 6,453 | $ | 6,928 | ||||
淨收入 |
(204 | ) | (588 | ) | ||||
經營活動提供(用於)的現金淨額 |
504 | (674 | ) | |||||
現金和限制性現金 |
2,383 | 1,739 | ||||||
總資產 |
10,600 | 11,033 | ||||||
流動負債總額 |
1,240 | 1,055 | ||||||
股東權益 |
6,515 | 6,698 |
Q4 FY21 Financial Overview
2011財年第四季度財務概述
(In thousands of U.S. dollars) |
3 Months ending December 31, 2021 | 3 Months ending December 31, 2020 | ||||||
Revenue |
$ | 1,670 | $ | 1,414 | ||||
Net income |
142 | 127 |
(單位:千美元) |
截至2021年12月31日的3個月 | 截至2020年12月31日的3個月 | ||||||
收入 |
$ | 1,670 | $ | 1,414 | ||||
淨收入 |
142 | 127 |
Detailed and historical financial information is available here.
提供詳細的歷史財務信息這裏.
Investor & Media Contact
投資者和媒體聯繫方式
Dawn Leeder, Chief Financial Officer
+1-608-203-0234
dawn_l@wi2wi.com
首席財務官道恩·利德
+1-608-203-0234
郵箱:dawn_l@wi2wi.com
About Wi2Wi Corporation
Wi2Wi公司簡介
Wi2Wi enables customers to substantially reduce their wireless R&D expenses and time to market. Wi2Wi designs, manufactures and markets deeply integrated, end-to-end wireless connectivity solutions as well as customizable, high-performance timing and frequency control devices. Wi2Wi provides real time technical support throughout the entire product life cycle for customers across the Internet of Things (IoT), Industrial Internet of Things (IIoT), Avionics, Space, Industrial, Medical and Government sectors.
Wi2Wi使客户能夠大幅減少他們的無線研發費用和上市時間。Wi2Wi設計、製造和銷售深度集成的端到端無線連接解決方案以及可定製的高性能定時和頻率控制設備。Wi2Wi為物聯網(IoT)、工業物聯網(IIoT)、航空電子、空間、工業、醫療和政府部門的客户提供貫穿整個產品生命週期的實時技術支持。
Wi2Wi was founded in 2005 and is strategically headquartered in San Jose, California with satellite offices in Middleton, Wisconsin and Hyderabad, India. Wi2Wi's manufacturing operations, its laboratory for reliability and quality control, together with design and engineering for timing and frequency control devices are located in Middleton, Wisconsin. The branch office, located in Hyderabad, India, focuses on developing end to end wireless connectivity subsystems and solutions.
Wi2Wi成立於2005年,戰略總部設在加利福尼亞州聖何塞,在威斯康星州米德爾頓和印度海得拉巴設有衞星辦事處。Wi2Wi的製造業務、可靠性和質量控制實驗室以及定時和頻率控制設備的設計和工程都位於威斯康星州的米德爾頓。該分支機構位於印度海得拉巴,專注於開發端到端無線連接子系統和解決方案。
Wi2Wi has partnered with best-in-class global leaders in technology, manufacturing and sales. The company uses a global network of manufacturer's representatives to promote its products and services, and has partnered with world class distributors for the fulfillment of orders along with direct sales.
Wi2Wi已經與全球一流的技術、製造和銷售領先者建立了合作伙伴關係。該公司利用製造商代表的全球網絡來推廣其產品和服務,並與世界級分銷商合作,在直銷的同時完成訂單。
Forward-Looking Statements: This news release contains certain forward-looking statements, including management's assessment of future plans and operations, and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, risks associated with the ability to access sufficient capital, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, stock market volatility. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect the Company's operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (). Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward- looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
前瞻性陳述:本新聞稿包含一些前瞻性陳述,包括管理層對未來計劃和運營及其時機的評估,涉及大量已知和未知的風險和不確定性,其中某些風險和不確定性不在公司的控制範圍之內。這些風險和不確定性包括但不限於與獲得足夠資本的能力有關的風險、加拿大、美國和海外總體經濟狀況的影響、行業狀況、股票市場波動。公司的實際結果、業績或成就可能與這些前瞻性陳述中表達的或暗示的大不相同,因此,不能保證前瞻性陳述中預期的任何事件會發生或發生,或者如果發生了,公司將從中獲得什麼好處,包括收益數額。提醒讀者,前面列出的因素並不是詳盡的。有關這些和其他可能影響公司運營和財務結果的因素的更多信息包括在提交給加拿大證券監管機構的報告中,並可通過SEDAR網站訪問()。前瞻性陳述是基於管理層在陳述發表之日的信念、估計和意見作出的,公司不承擔更新前瞻性陳述的義務,除非適用法律要求,否則如果這些信念、估計和意見或其他情況發生變化。可歸因於公司或代表公司行事的所有後續前瞻性陳述,無論是書面的還是口頭的,都明確地受到這些警告性聲明的全部限制。此外,本新聞稿中包含的前瞻性陳述是在本新聞稿發佈之日作出的,公司不承擔公開更新或修改任何包含的前瞻性陳述的義務,無論是由於新信息、未來事件還是其他原因,除非適用的證券法可能要求這樣做。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
SOURCE: Wi2Wi Corporation
資料來源:Wi2Wi公司