secwatch.observer — SEC 8-K summary
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Issuer:     WIDEPOINT CORP (WYY)
CIK:        0001034760
Form:       8-K
Filed at:   2025-04-18T23:59:59+00:00
Accession:  0001654954-25-004436
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WidePoint Q4 revenue $37.7M (+33% YoY); full-year adjusted EBITDA up 229%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034760/000165495425004436/0001654954-25-004436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034760/000165495425004436/wyy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-004436

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