WidePoint (WYY) H.C. Wainwright 28th Annual Global Investment Conference summary

Business overview and market position

• Mobility-as-a-service provider with a focus on cybersecurity and asset management, operating under a SaaS model.

• Achieved stabilization and growth since 2017, now with 95% recurring revenues and $219 million in contract backlog.

• Addressable market estimated at $36 billion, driven by remote work and cybersecurity needs.

• Serves federal, state, local governments, and large commercial enterprises with mobile workforces.

Financial performance and growth

• Closed 2025 with $151 million in revenues; $78.6 million in revenue for the first half of 2026.

• Maintained 36 consecutive quarters of adjusted EBITDA positive and 11 quarters of free cash flow positive.

• Two consecutive quarters of EPS positive; $10 million in cash at Q2 2026.

• Market cap around $100 million, with management and board holding 12% of shares.

Key contracts and catalysts

• Secured a SaaS contract with a major US mobile carrier worth $45–$50 million over five years, expected to add $0.50 EPS by mid-2027.

• Won a 10-year, $3.1 billion Department of Homeland Security contract, potentially adding $1.50 EPS by end of 2028.

• Named prime contractor for NASA SEWP VI ($60 billion contract vehicle) and Navy Spiral 4, totaling nearly $63 billion in contract vehicles.

• Pursuing additional large-scale contracts, including GSA Alliant 3.