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WYTEC INTERNATIONAL, INC.

corporate_fare Company Profile

WYTEC INTERNATIONAL, INC.

WYTC·OTC·Technology·CIK 0001560143

Wytec designs and develops wide area networks (WANs) to support 5G network deployments for various Internet of Things (IoT) solutions across the United States. The company holds a patent, number 9,807,032, granted in December 2017 by the United States Patent and Trademark Office (USPTO), for its small cell technology called the "LPN-16." This technology, described as an "Upgradeable, High Data Transfer Speed, Multichannel Transmission System" (UHTMTS), is designed to transmit both Wi-Fi and cellular signals from approximately 30 feet high and can be installed on utility poles or building rooftops. The LPN-16 device includes micro radios, software, and network connectors for cable or other wireless connections. In addition to developing the LPN-16, Wytec generates revenue through an in-building cellular solution called "CelFi," under an agreement with Nextivity, Inc. In October 2019, Wytec won a Request for Proposal (RFP) from the Laredo Independent School District (ISD) in Laredo, Texas, to provide in-building cellular enhancement solutions. This "Laredo Contract" involved deploying the Nextivity Cel-Fi solution to 42 buildings within the Laredo ISD, generating over $1 million in installation revenue. Wytec continues to receive revenue from a long-term renewable maintenance agreement for this project. Following the Laredo Contract's success, Wytec was recommended to Highland Park ISD in Amarillo, Texas, and Round Rock ISD in Austin, Texas, for similar in-building cellular solutions using the Cel-Fi product. Other Cel-Fi installations include the Johnson Space Center in Houston, Texas, the 62-story Fountain Place commercial high-rise in Dallas, Texas, and the 1,080-restaurant chain Whataburger.

WYTEC INTERNATIONAL, INC. (OTC:WYTC) is a publicly traded company in the Technology sector. Wiseek monitors WYTC SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Wytec Extends $540K Convertible Notes, Lowers Warrant Strike to $1.50
  • Wytec International Amends $540K Notes, Reprices Warrants to $1.50 Amidst Default Waiver
  • Wytec International Amends Promissory Note, Issues Warrants to Director for Debt Extension

Financial Snapshot

Fiscal year ended December 31, 2024
Revenue
$131.08K
Net Income
-$3.67M
Diluted EPS
-$0.25
Op. Cash Flow
-$1.7M
Free Cash Flow
-$1.71M
Gross Profit
$75.51K
Operating Income
-$3.09M
Cash & Equivalents
$110.7K
Debt / Equity
0.00×
Net Margin
-28.02×
Shares Outstanding
16.75M sh
Source: 10-K · filed 2025-07-14 · accession 0001683168-25-005086
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$0.985
52-week range · as of 2026-04-02 $0.8434 – $3.95
Volume
1.2K (0.4× avg)
3-mo avg 3.1K
Live data · 2026-06-14 03:54 UTC · Market closed

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feed WYTC - Latest Insights

WYTC
Apr 02, 2026, 3:03 PM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $1.72
Real-time Price: $0.98503 info
Change: -$0.73497 (-43%) info
Market Cap: N/A info
WYTC
Apr 02, 2026, 3:02 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.72
Real-time Price: $0.98503 info
Change: -$0.73497 (-43%) info
Market Cap: N/A info
WYTC
Mar 26, 2026, 3:54 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.59
Real-time Price: $0.98503 info
Change: -$0.60417 (-38%) info
Market Cap: N/A info