WANG & LEE GROUP, Inc. (WLGS)

WANG & LEE GROUP Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	7.27	6.83	4.17	4.14	4.07	4.67
Revenue Growth (YoY)	66.93%	63.69%	0.84%	1.49%	-12.80%	-
Cost of Revenue	5.14	4.39	3.38	3.28	3.34	3.83
Gross Profit	2.13	2.44	0.79	0.86	0.74	0.84
Selling, General & Admin	2.01	3.21	1.43	1.22	0.59	0.69
Operating Expenses	2.01	3.21	1.43	1.22	0.59	0.69
Operating Income	0.13	-0.77	-0.64	-0.36	0.14	0.15
Interest Expense	-0.1	-0.06	-0.04	-0.01	-0.05	-0.08
Other Non Operating Income (Expenses)	0.22	0.18	0.08	0.02	0.19	0
Pretax Income	0.25	-0.65	-0.6	-0.35	0.28	0.07
Income Tax Expense	-	-	-	-	0.01	0
Net Income	0.25	-0.65	-0.6	-0.35	0.28	0.07
Net Income to Common	0.25	-0.65	-0.6	-0.35	0.28	0.07
Net Income Growth	-	-	-	-	294.32%	-
Shares Outstanding (Basic)	14	14	12	12	12	12
Shares Outstanding (Diluted)	14	14	12	12	12	12
Shares Change (YoY)	5.42%	19.04%	-	-	-	-
EPS (Basic)	0.02	-0.05	-0.05	-0.03	0.02	0.01
EPS (Diluted)	0.02	-0.05	-0.05	-0.03	0.02	0.01
EPS Growth	-	-	-	-	294.35%	-
Free Cash Flow	-	-3.81	-0.35	-0.48	-0.08	-0.21
Free Cash Flow Per Share	-	-0.27	-0.03	-0.04	-0.01	-0.02
Gross Margin	29.34%	35.76%	18.84%	20.79%	18.04%	18.06%
Operating Margin	1.73%	-11.30%	-15.38%	-8.73%	3.50%	3.24%
Profit Margin	3.45%	-9.51%	-14.31%	-8.58%	6.82%	1.51%
Free Cash Flow Margin	-	-55.88%	-8.46%	-11.68%	-1.90%	-4.48%
EBITDA	0.14	-0.76	-0.64	-0.36	0.15	0.17
EBITDA Margin	1.89%	-11.17%	-15.32%	-8.64%	3.65%	3.61%
D&A For EBITDA	0.01	0.01	0	0	0.01	0.02
EBIT	0.13	-0.77	-0.64	-0.36	0.14	0.15
EBIT Margin	1.73%	-11.30%	-15.38%	-8.73%	3.50%	3.24%
Effective Tax Rate	-	-	-	-	1.96%	5.88%

Source: S&P Capital IQ. Standard template. Financial Sources.