MeritValue

WYTEC INTERNATIONAL INC

WYTCdata completeness 100%9 fiscal years on file

Data notes: no data for concept 'pretaxIncome'

i. The business — what you’d actually own
FigureFY 2020FY 2021FY 2022FY 2023FY 2024
Revenue$1.08M1$394,1482$413,8583$255,6344$131,0774
Net income−$2.02M5−$3.64M6−$2.08M7−$3.31M8−$3.67M8
Operating cash flow−$1.66M9−$1.74M10−$1.34M11−$1.86M12−$1.7M12
Capital expenditure$13,03913$95314$84815$016$1,89916
Free cash flow (derived)−$1.67M9−$1.74M10−$1.34M11−$1.86M12−$1.71M12
Total debt$586,95217$1.59M18$2M19$1.1M20$1.35M21
Cash & equivalents$595,73222$270,07423$93,74824$564,76024$110,69924
Diluted shares5.6M6.7M10.5M12.3M14.9M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$1.53
your share of equity
Profit it earned you last year
−$2.47
Free cash flow it threw off
−$1.15
Debt you’d be carrying
$0.9

10 shares is a claim on −$1.53 of net worth that earned you −$2.47 and generated −$1.15 of cash last year, against $0.9 of debt.

iii. Is this a good business?
Moat signal · return on equity
— avg · 5y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
+164% shares · 5y

Share count is up 164% over 5 years — owners have been diluted. Worth asking what they got for it. Total debt has risen 129% over the same window.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
DCF · Growth Exit 5Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2020-12-31 · accession 0001683168-22-002413 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2021-12-31 · accession 0001683168-23-005497 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2022-12-31 · accession 0001683168-24-001864 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 10-K · period ending 2023-12-31 · accession 0001683168-25-002111 (RevenueFromContractWithCustomerExcludingAssessedTax)
  5. 10-K · period ending 2020-12-31 · accession 0001683168-22-002413 (NetIncomeLoss)
  6. 10-K · period ending 2021-12-31 · accession 0001683168-23-005497 (NetIncomeLoss)
  7. 10-K · period ending 2022-12-31 · accession 0001683168-24-001864 (NetIncomeLoss)
  8. 10-K · period ending 2023-12-31 · accession 0001683168-25-002111 (NetIncomeLoss)
  9. 10-K · period ending 2020-12-31 · accession 0001683168-22-002413 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2021-12-31 · accession 0001683168-23-005497 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2022-12-31 · accession 0001683168-24-001864 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2023-12-31 · accession 0001683168-25-002111 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2020-12-31 · accession 0001683168-22-002413 (PaymentsToAcquirePropertyPlantAndEquipment)
  14. 10-K · period ending 2021-12-31 · accession 0001683168-23-005497 (PaymentsToAcquirePropertyPlantAndEquipment)
  15. 10-K · period ending 2022-12-31 · accession 0001683168-24-001864 (PaymentsToAcquirePropertyPlantAndEquipment)
  16. 10-K · period ending 2023-12-31 · accession 0001683168-25-002111 (PaymentsToAcquirePropertyPlantAndEquipment)
  17. 10-K · period ending 2020-12-31 · accession 0001683168-22-002413 (ShortTermBorrowings)
  18. 10-K · period ending 2021-12-31 · accession 0001683168-22-002413 (LongTermDebt)
  19. 10-K · period ending 2022-12-31 · accession 0001683168-23-005497 (LongTermDebt)
  20. 10-K · period ending 2023-12-31 · accession 0001683168-24-001864 (LongTermDebt)
  21. 10-K · period ending 2024-12-31 · accession 0001683168-25-002111 (LongTermDebt)
  22. 10-K · period ending 2020-12-31 · accession 0001683168-23-005497 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  23. 10-K · period ending 2021-12-31 · accession 0001683168-24-001864 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  24. 10-K · period ending 2022-12-31 · accession 0001683168-25-002111 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)