Income Statement Wi2Wi Corporation

Stocks

YTY

CA9774861095

Wireless Telecommunications Services

Delayed Toronto S.E. 07:38:12 02/09/2026 pm IST			5-day change	1st Jan Change
0.0850 ^CAD	0.00%		0.00%	+240.00%

20/08	Wi2Wi Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
20/08	Earnings Flash (YTY.V) Wi2Wi Corporation Reports Q2 Revenue $2.3M	MT

abc94240db957275326d0214c43e57.HbTFatuy8qNHabdp8pkWS6IT18uXH-W23nzuBln84m8.LYCqR6r9mMQYBv8dlchRP5VQ-rzeS5H9uTu5Xm-etR927rM6g-ugyxcIwA

Published financial data: WI2WI CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	64.53L	68.57L	63.43L	63.13L	64.38L
Total Revenues	64.53L	68.57L	63.43L	63.13L	64.38L
Cost of Goods Sold, Total	51.74L	60.91L	55.71L	54.09L	59.09L
Gross Profit	12.79L	8L	8L	9L	5L
Selling General & Admin Expenses, Total	15.34L	16.66L	16.4L	17.08L	16.35L
R&D Expenses	3L	4L	3L	3L	3L
Other Operating Expenses, Total	18.46L	20.4L	19.77L	20.55L	19.22L
Operating Income	-6L	-12.74L	-12.05L	-11.51L	-13.93L
Interest Expense, Total	-2L	-1L	-1L	-3L	-3L
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-2L	-1L	-1L	-3L	-3L
Currency Exchange Gains (Loss)	-	-	8T	-	-17T
Other Non Operating Income (Expenses)	-5T	-5T	-	65T	-
EBT, Excl. Unusual Items	-7L	-14.26L	-13.25L	-13.41L	-17.22L
Gain (Loss) On Sale Of Investments	-6T	-2T	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	6L	2L	-	-	-
EBT, Incl. Unusual Items	-2L	-12.36L	-13.25L	-13.41L	-17.22L
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-2L	-12.36L	-13.25L	-13.41L	-17.22L
Net Income to Company	-2L	-12.36L	-13.25L	-13.41L	-17.22L
Net Income - (IS)	-2L	-12.36L	-13.25L	-13.41L	-17.22L
Net Income to Common Incl Extra Items	-2L	-12.36L	-13.25L	-13.41L	-17.22L
Net Income to Common Excl. Extra Items	-2L	-12.36L	-13.25L	-13.41L	-17.22L
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	15Cr	15Cr	15Cr	15Cr	38Cr
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	15Cr	15Cr	15Cr	15Cr	38Cr
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	-3L	-10.12L	-9L	-9L	-12.43L
EBITA	-6L	-12.74L	-12.05L	-11.51L	-13.93L
EBIT	-6L	-12.74L	-12.05L	-11.51L	-13.93L
EBITDAR	-2L	-10L	-8L	-8L	-11.34L
Effective Tax Rate - (Ratio)	-	-	-	-	-
Normalized Net Income	-5L	-9L	-8L	-8L	-10.76L
Interest on Long-Term Debt	2L	1L	1L	2L	3L
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	3L	4L	3L	3L	3L
Net Rental Expense, Total	66T	61T	2L	1L	1L
Imputed Operating Lease Interest Expense	26.18T	23.07T	67.15T	63.72T	54.7T
Imputed Operating Lease Depreciation	39.82T	37.93T	1L	54.28T	54.3T
Stock-Based Comp., SG&A Exp. (Total)	21T	1T	22T	76T	11T
Total Stock-Based Compensation	21T	1T	22T	76T	11T

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	18.83L	10.22L	9L	4L	2L
Short Term Investments	3T	1T	-	-	-
Total Cash And Short Term Investments	18.86L	10.23L	9L	4L	2L
Accounts Receivable, Total	13.08L	12.42L	10L	10.97L	12.8L
Total Receivables	13.08L	12.42L	10L	10.97L	12.8L
Inventory	27.56L	27.97L	23.78L	26.13L	22.79L
Prepaid Expenses	2L	2L	2L	2L	2L
Restricted Cash	5L	5L	-	-	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	66.24L	57.4L	44.07L	43.25L	39.55L
Gross Property Plant And Equipment	71.22L	70.58L	68.23L	98.53L	98.77L
Accumulated Depreciation	-31.46L	-37.95L	-41.45L	-48L	-53.3L
Net Property Plant And Equipment	39.76L	32.63L	26.78L	50.53L	45.47L
Total Assets	1.06Cr	90.03L	70.85L	93.78L	85.02L
Liabilities
Accounts Payable, Total	4L	6L	4L	7L	8L
Accrued Expenses, Total	4L	3L	3L	3L	3L
Current Portion of Long-Term Debt	55T	60T	19T	64T	72T
Current Portion of Leases	5L	4L	4L	2L	3L
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	-	-	-	75T	46T
Total Current Liabilities	12.4L	13.6L	11.43L	14.54L	14.95L
Long-Term Debt	2L	2L	2L	4L	3L
Long-Term Leases	26.38L	22.13L	17.6L	44.35L	41.71L
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	40.85L	37.23L	31.08L	62.75L	59.81L
Common Stock, Total	2.91Cr	2.91Cr	2.91Cr	2.95Cr	3.06Cr
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-2.64Cr	-2.76Cr	-2.9Cr	-3.03Cr	-3.2Cr
Comprehensive Income and Other	38.33L	38.34L	38.55L	39.28L	39.39L
Total Common Equity	65.15L	52.8L	39.77L	31.03L	25.21L
Total Equity	65.15L	52.8L	39.77L	31.03L	25.21L
Total Liabilities And Equity	1.06Cr	90.03L	70.85L	93.78L	85.02L
Supplemental Items
ECS Total Shares Outstanding on Filing Date	15Cr	15Cr	15Cr	17Cr	20Cr
ECS Total Common Shares Outstanding	15Cr	15Cr	15Cr	17Cr	20Cr
Book Value / Share	0.04	0.03	0.03	0.02	0.01
Tangible Book Value	65.15L	52.8L	39.77L	31.03L	25.21L
Tangible Book Value Per Share	0.04	0.03	0.03	0.02	0.01
Total Debt	33.72L	28.47L	24.29L	51.26L	48.22L
Net Debt	14.86L	18.24L	15.12L	46.95L	46.19L
Debt Equivalent Oper. Leases	5L	5L	13.84L	9L	9L
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	15.29L	14.48L	11.79L	11.3L	9L
Inventories - Work In Process, Total	2L	2L	2L	3L	2L
Inventories - Finished Goods, Total	10.22L	11.58L	10L	11.41L	11.27L
Machinery, Total	30.12L	30.93L	30.27L	32.53L	32.72L
Accumulated Allowance for Doubtful Accounts (Supple)	8T	8T	8T	8T	5T

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-2L	-12.36L	-13.25L	-13.41L	-17.22L
Depreciation & Amortization - CF	8L	8L	7L	7L	5L
Depreciation & Amortization, Total	8L	8L	7L	7L	5L
(Gain) Loss on Sale of Investments - (CF)	6T	2T	-	-	-
Stock-Based Compensation (CF)	21T	1T	22T	76T	11T
Other Operating Activities, Total	-6L	-	-	-	-
Change In Accounts Receivable	-3L	66T	3L	-1L	-2L
Change In Inventories	6L	-41T	4L	-2L	3L
Change In Accounts Payable	97T	2L	-2L	4L	54T
Change in Unearned Revenues	-	-	-	-	-
Change in Other Net Operating Assets	25T	-1L	51T	92T	-53T
Cash from Operations	5L	-3L	-40T	-5L	-10.29L
Capital Expenditure	-51T	-81T	-68T	-	-24T
Cash from Investing	-51T	-81T	-68T	-	-24T
Long-Term Debt Issued, Total	7L	-	-	-	-
Total Debt Issued	7L	-	-	-	-
Long-Term Debt Repaid, Total	-5L	-5L	-5L	-3L	-3L
Total Debt Repaid	-5L	-5L	-5L	-3L	-3L
Issuance of Common Stock	-	-	-	4L	11.29L
Other Financing Activities, Total	-	-	5L	-	-
Cash from Financing	2L	-5L	3T	58T	8L
Foreign Exchange Rate Adjustments	-	-	-	-	-
Net Change in Cash	6L	-9L	-1L	-5L	-2L
Supplemental Items
Cash Interest Paid	2L	1L	1L	3L	3L
Levered Free Cash Flow	8L	9.88T	9L	-81.75T	-4L
Unlevered Free Cash Flow	9L	1L	10L	77.62T	-2L
Change In Net Working Capital	-5L	-2L	-10.31L	-66T	-2L
Net Debt Issued / Repaid	2L	-5L	-5L	-3L	-3L

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	1.26T	89.15
Capital Expenditures, 1 Yr. Growth %	-69.28	58.82	-16.05	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-275.72	-97.87	11.48T	-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