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WKEY · United States · Services-Computer Processing & Data Preparation
In shortWISeQey Corp. is loss-making, burns cash and holds more cash than debt, with revenue growing (+62.4% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -247.3% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -31.5% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -17.1% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -98.4% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 12.92× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.05× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.74 | 68/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -171.6% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 46.7% | 0/100 |
| Operating margin volatility | 98.5% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -6.8% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 18 | 24 | 31 | 12 | 19 |
| Cost of revenue | 9.9 | 14 | 16 | – | – |
| Gross profit | 7.5 | 10 | 15 | 4.3 | 9.2 |
| Research & development | 5.6 | 3.9 | 4.4 | 7 | 15 |
| Operating income | (21) | (10) | (13) | (27) | (48) |
| Interest expense | 1.1 | 0.2 | 0.7 | 0.9 | (0) |
| Pre-tax income | (23) | (13) | (15) | (29) | (38) |
| Income tax | 0 | (3.2) | 0.2 | 3.1 | (0.2) |
| Net income | (24) | (27) | (15) | (13) | (6.1) |
| Diluted EPS | −$0.28 | −$0.24 | – | – | – |
| Diluted shares (millions) | – | 112 | – | – | – |
4 older years available with the 10-year history. Essential plan, from €8.25/month →
3.74 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice.
Latest annual report: Dec 31, 2025 · Data updated Apr 30, 2026