WidePoint (WYY) 16th Annual LD Micro Invitational Conference summary

Company overview and market position

• Leading provider of secure mobile solutions since 1997, with a focus on cybersecurity and mobility management in a SaaS model.

• Management team stabilized the company since 2017, achieving 95% recurring revenues and over $200 million in contract backlog.

• Addressable market estimated at $36 billion, serving federal, state, local governments, and commercial sectors.

• $10.9 million in cash at Q1 end, 35 consecutive quarters of Adjusted EBITDA positive, and 10 quarters of free cash flow positivity.

• Insiders own over 18% of shares, aligning management and investor interests.

Key growth catalysts and contracts

• Signed a SaaS contract with a major cellular carrier to manage federal government customers, potentially adding $0.50 EPS by 2026.

• Incumbent on DHS CWMS 2.0, pursuing the $3 billion, 10-year CWMS 3.0 contract, which could add $1.50 EPS by 2026.

• Pending Device as a Service (DaaS) contracts expected to further boost top-line and profitability in 2026.

• Major federal contracts include a $40–45 million carrier contract, $500 million DHS CWMS 2.0, $254 million ceiling increase, and $2.7 billion Navy Spiral 4.

• Positioned to win the 2030 Census project and manage devices for the 2028 LA Olympics.

Technology, differentiation, and certifications

• Integrated solution includes identity and access management, managed mobility, data analytics, and IT as a service.

• Multi-factor authentication solution is quantum-resistant, never hacked, and certified for federal use.

• Achieved rare FedRAMP authorization, providing a competitive edge for federal and large enterprise contracts.

• MobileAnchor technology leapfrogs competitors by generating certificates on mobile devices, enhancing security.

• Device as a Service model offers hardware, software, and services, reducing capital expenses and improving scalability.