Cel Fi & Network Systems was Wytec International’s largest product and service line in fiscal 2024, bringing in $105.11K of $132.81K (79%).
| Product and Service | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2024 |
|---|---|---|---|---|---|
| Cel Fi & Network Systems | — | $105.11K | |||
| Cel-Fi Systems & Network Services | — | — | |||
| Equipment Sales | $287.60K | — | |||
| Network & Other Services | $53.41K | — | |||
| Installation & Other Services | $52.75K | $27.70K | |||
| Total | $393.76K | $132.81K |
Wytec International brought in $132.81K from its two product and service lines in fiscal 2024, the year ended December 31, 2024. Wytec International regrouped these lines after fiscal 2021, so the total does not compare directly with that year's $393.76K. Cel Fi & Network Systems was the largest at $105.11K (79.1%), ahead of Installation & Other Services at $27.70K (20.9%).
Wytec International stopped reporting Equipment Sales ($287.60K in fiscal 2021) and Network & Other Services ($53.41K in fiscal 2021) as separate lines.
Transferred At Point In Time was Wytec International’s largest revenue line in fiscal 2024, bringing in $105.11K of $131.08K (80%).
| Timing of Transfer of Good or Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|
| Transferred At Point In Time | $359.96K | $386.33K | $225.39K | $105.11K | ||
| Transferred Over Time | $34.19K | $27.53K | $30.25K | $25.97K | ||
| Total | $394.15K | $413.86K | $255.63K | $131.08K |
Wytec International brought in $131.08K from its two revenue lines in fiscal 2024, the year ended December 31, 2024. That was down 48.7% from $255.63K in fiscal 2023. Transferred At Point In Time was the largest at $105.11K (80.2%), ahead of Transferred Over Time at $25.97K (19.8%).
Compared with fiscal 2023, Transferred Over Time fell 14.1% to $25.97K and Transferred At Point In Time fell 53.4% to $105.11K. From fiscal 2021 to 2024, combined revenue from these revenue lines fell from $394.15K to $131.08K, a compound annual decline of 30.7%. Transferred At Point In Time's share of the total fell from 91.3% to 80.2%.
Wytec International (WYTC) reports its revenue by product and service and by timing of transfer of good or service. In fiscal 2024, Cel Fi & Network Systems was its largest product and service line, bringing in $105.11K (79.1% of the total), followed by Installation & Other Services at $27.70K (20.9%).
Cel Fi & Network Systems was Wytec International's largest product and service line in fiscal 2024, bringing in $105.11K, or 79.1% of the $132.81K total across its two product and service lines.
Transferred At Point In Time was Wytec International's largest revenue line in fiscal 2024, bringing in $105.11K, or 80.2% of the $131.08K total across its two revenue lines.
Every figure comes from Wytec International's annual financial filings, as reported. Each line keeps the name Wytec International gives it, and years follow its fiscal calendar.
Wytec International's revenue by product and service goes back to fiscal 2017, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.