High Wire Networks Inc (HWNI) AI Stock Analysis

• Market Cap: $17.53K
• Dividend Yield: N/A
• Average Volume (3M): 168.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.44
• Revenue Growth: -48.25%
• EPS Growth: N/A
• Country: US
• Employees: 72
• Sector: Technology
• Sector Strength: 49
• Industry: Information Technology Services
• EPS (TTM): 0.00
• Shares Outstanding: 1,004,604
• 10 Day Avg. Volume: 93,456
• 30 Day Avg. Volume: 168,965
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.29
• Price to Cash Flow (P/CF): -0.60
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

High Wire Networks Inc's overall stock score reflects significant financial instability and challenges, including negative profit margins and insolvency risks. Although technical indicators show strong momentum, the stock appears overbought. The recent termination of the credit line is a positive step towards financial stability but does not offset the broader financial challenges. The valuation metrics further suggest overvaluation, underlining the risk profile.

High Wire Networks Inc Business Overview & Revenue Model

Company Description

High Wire Networks Inc (HWNI) is a technology services company specializing in delivering managed cybersecurity, professional IT services, and technology enablement solutions. The company operates in sectors such as telecommunications, information technology, and cybersecurity, offering an array of services including network design, implementation, and management, as well as security solutions to safeguard digital assets.

How the Company Makes Money

High Wire Networks Inc generates revenue through a diverse range of services tailored to meet the needs of its clients. The company's primary revenue streams include managed cybersecurity services, wherein it provides continuous monitoring and protection of customer IT assets, and professional IT services, which encompass network design, deployment, and support. Additionally, High Wire Networks collaborates with technology partners and vendors to offer comprehensive solutions, enhancing its service offerings and expanding its market reach. The company's earnings are supported by long-term service contracts, project-based engagements, and an emphasis on developing strategic partnerships to drive growth and innovation in its service delivery.

High Wire Networks Inc Financial Statement Overview

Summary

High Wire Networks Inc faces significant financial challenges, marked by declining revenues, negative profitability, high leverage, and cash flow deficiencies. The persistent negative margins and reliance on debt indicate potential financial instability and operational inefficiencies which may pose risks to the company's long-term viability.

Income Statement

High Wire Networks Inc has experienced significant revenue volatility, with revenues declining from $55 million in 2022 to approximately $16.5 million in the TTM. The company reported negative gross profit, net income, and EBIT, indicating challenges in managing costs and achieving profitability. EBIT and EBITDA margins are also significantly negative, reflecting ongoing operational inefficiencies.

Balance Sheet

The company has a high debt-to-equity ratio, exacerbated by negative equity in earlier periods, indicating financial leverage concerns. The equity ratio is low, signifying heavy reliance on debt financing. Although equity turned positive in the TTM, the stockholders' equity remains minimal compared to total liabilities, highlighting a precarious financial position.

Cash Flow

Cash flow analysis reveals negative operating cash flows, with free cash flow also deteriorating over time. The operating cash flow to net income ratio suggests cash burn issues, while free cash flow growth remains negative. This indicates liquidity constraints and challenges in sustaining operations without external financing.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
40.75M	26.99M	55.05M	27.21M	9.91M	25.50M
	Gross Profit
11.05M	-2.40M	13.56M	8.19M	4.95M	-317.31K
	EBIT
-5.74M	-13.00M	-11.84M	-3.05M	-1.44M	-3.49M
	EBITDA
1.63M	-8.63M	-5.79M	-11.84M	-249.03K	-1.30M
	Net Income Common Stockholders
5.64M	-14.49M	-23.80M	-14.93M	-886.96K	-5.83M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
620.59K	333.36K	886.57K	508.39K	184.68K	375.14K
	Total Assets
12.93M	10.83M	32.59M	45.96M	7.66M	12.17M
	Total Debt
0.00	5.95M	9.49M	14.41M	2.93M	10.22M
	Net Debt
-620.59K	5.61M	8.60M	13.90M	2.75M	9.84M
	Total Liabilities
17.53M	13.58M	32.67M	41.74M	4.95M	16.12M
	Stockholders Equity
0.00	-2.75M	5.75M	9.20M	1.10M	-3.95M
Cash Flow		Free Cash Flow
-3.05M	-7.95M	-2.35M	-4.30M	-648.05K	―
	Operating Cash Flow
-2.95M	-7.93M	-1.94M	-4.21M	-532.73K	-2.28M
	Investing Cash Flow
-2.43M	190.00K	70.30K	-593.35K	-115.32K	-1.01M
	Financing Cash Flow
5.40M	7.43M	2.25M	5.12M	328.72K	3.08M

High Wire Networks Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HWNI, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.02, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 79.99 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HWNI.

High Wire Networks Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HLIT	66 Neutral	$1.03B	27.29	8.69%	―	11.65%	-55.58%
RDWR	66 Neutral	$876.78M	143.27	2.01%	―	5.20%	―
CRNT	64 Neutral	$183.01M	7.72	16.02%	―	13.54%	278.70%
Sector *	57 Neutral	$19.52B	9.58	-12.47%	2.79%	5.43%	-24.71%
SYPR	57 Neutral	$34.99M	―	-8.06%	―	2.90%	-5.75%
CMBM	41 Neutral	$8.19M	―	-112.88%	―	-34.89%	-579.83%
HWNI	37 Underperform	$17.53K	―	-583.25%	―	-48.25%	―

High Wire Networks Inc Corporate Events

High Wire Networks Ends $10M Credit Line

On March 10, 2025, High Wire Networks, Inc. announced the termination of its $10 million Equity Line of Credit (ELOC) to prevent shareholder dilution. The company determined that the ELOC was unnecessary for its future operations and strategic growth plans, as it focuses on maintaining a strong balance sheet and capital structure. This decision is expected to better position High Wire Networks to capitalize on the growing demand for managed services and technology solutions, enhancing operational efficiencies and expanding service offerings.