earnings
confidence high
sentiment positive
materiality 0.70
WidePoint Q4 revenue $37.7M (+33% YoY); full-year adjusted EBITDA up 229%
WIDEPOINT CORP
2025-Q1 EPS reported
-$0.08
revenue$34,217,739
- Q4 revenue $37.7M, up 33% YoY; net loss improved to $356K ($0.04 loss per share) from $1.3M loss.
- Full-year 2024 revenue $142.6M (+35% YoY); net loss improved to $1.9M ($0.21 loss per share) from $4.0M.
- Adjusted EBITDA Q4 $631K (+49% YoY); full-year $2.6M (+229% YoY). Free cash flow $2.5M vs negative $300K.
- Contract backlog $290M; $51.2M in 2024 awards ($45.6M federal). Cash $6.8M, no bank debt.
- 30th consecutive quarter of positive adjusted EBITDA; 5th consecutive quarter positive free cash flow.