WYFI · WhiteFiber, Inc. · Financials
One customer — 63% of revenue (six months ended June 30, 2026)
“Our largest customer accounted for approximately 63% of our revenue during the six months ended June 30, 2026.”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 |
|---|---|---|---|
| $94.5M | $79.16M | $47.64M | |
| $56.3M | $47.63M | $26.87M | |
| — | 60.17% | 56.41% | |
| $65.37M | $52.51M | $10.28M | |
| $27.48M | $23.44M | $16.51M | |
| $134.48M | $105.99M | $47.01M | |
| -$39.98M | -$26.82M | $628.39K | |
| — | -33.88% | 1.32% | |
| -$12.5M | -$3.38M | $17.14M | |
| -$6.11M | $1.05M | $1.62M | |
| -$46.09M | -$25.77M | $2.24M | |
| -$1.79M | -$1.09M | $874.18K | |
| -$44.3M | -$24.68M | $1.37M | |
| — | -31.18% | 2.88% | |
| — | $7.9M | $5.9M | |
| -$48.07M | -$21.23M | -$195.72K | |
| USD/shares | -$1.20 | -$0.78 | $0.05 |
| USD/shares | -$1.20 | -$0.78 | $0.05 |
| shares | — | 31.58M | 27.04M |
| shares | — | 31.58M | 27.04M |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Convertible notes payable, including current maturities | 2026-06-30 | USD 222,594,000 | 10-Q filed 2026-08-12 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Current portion of long-term debt | 2026-06-30 | USD 28,436,000 | 10-Q filed 2026-08-12 |
| Operating lease liabilities | 2026-06-30 | USD 15,376,000 | 10-Q filed 2026-08-12 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Short-term borrowings | 2026-06-30 | USD 29,306,000 | 10-Q filed 2026-08-12 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 37 similar-size Information Technology Services companies (of 71 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 |
|---|---|---|
| Cloud Services | $68,753,609 | $45,727,736 |
| Colocation Services | $8,913,816 | $1,361,241 |
By Geography (USD)
| Component | FY2025 | FY2024 |
|---|---|---|
| Iceland | $69,167,349 | $46,190,367 |
| Canada | $8,913,816 | $1,361,241 |
| Other Countries | $1,083,087 | $87,629 |
By Product & Service (USD)
| Component | FY2025 | FY2024 |
|---|---|---|
| Cloud Services | $68,753,609 | $45,727,736 |
| Colocation Services | $8,913,816 | $1,361,241 |
| Other | $1,496,827 | $550,260 |