World Scan Project, Inc.
WDSPOTCIndustrials · Wholesale-Computers & Peripheral Equipment & Software · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $25.2M | $288,094 | $14.5M | $11.8M | $5.0M | — |
| Operating income | — | — | — | — | $2.0M | −$189 |
| Net income | −$768,431 | −$3.4M | $8.9M | $2.3M | $1.3M | −$189 |
| Total assets | $27.4M | $14.0M | $25.5M | $6.5M | $2.4M | $0 |
| Total liabilities | $10.8M | $5.3M | $14.9M | $2.7M | $681,600 | $189 |
| Equity | $16.6M | $8.7M | $10.6M | $3.8M | $1.7M | −$189 |
| EPS (diluted) | $-0.04 | $-0.17 | $0.43 | $0.11 | $0.07 | $0.00 |
| Shares out. | 21.2M | 10.6M | 20.6M | 10.6M | 10.6M | 10.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- —
- Net margin
- −3.0%
- Return on equity
- −4.6%
- Return on assets
- −2.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 39.5%
- Debt / equity
- 0.65×
- Book value / share
- $0.78
- Revenue growth (YoY)
- 8650.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Accruals / assets
- 58.7%high accruals
- Piotroski F-Score
- 2/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 3 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Negative operating cash flow
- High accruals — earnings-quality risk
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Jan 29, 2025
- NT 10-Kmissed a reporting deadline ↗Jan 29, 2024
- NT 10-Kmissed a reporting deadline ↗Jan 27, 2023
- NT 10-Qmissed a reporting deadline ↗Sep 14, 2022
- NT 10-Kmissed a reporting deadline ↗Jan 28, 2022
- NT 10-Qmissed a reporting deadline ↗Sep 14, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Regulation FD disclosureOct 27, 2025
- Regulation FD disclosureOct 21, 2025
- Other material eventOct 16, 2025
- Changed auditorMay 27, 2025
- Other material eventAug 13, 2024
- Changed auditorMay 14, 2024
- Changed auditorJan 23, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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