WANG & LEE GROUP, Inc. Financial Summary

Complete Filing Data

WANG & LEE GROUP, Inc. reported Stockholders Equity of $3.49 million for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean WANG & LEE GROUP, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Revenue From Contract With Customer Excluding Assessed Tax$4.0M$6.8M$4.2M$4.1M
Other Nonoperating Income$134.7K$183.8K$79.9K$19.4K
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent$30.0K$21.2K-$130.00$4.1K
Operating Income Loss-$2.5M-$771.1K-$641.5K-$360.9K
Operating Expenses$3.0M$3.2M$1.4M$1.2M
Nonoperating Income Expense$4.9K$122.2K$44.6K$6.1K
Net Income Loss-$2.5M-$648.9K-$596.9K-$354.7K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$2.5M-$648.9K-$596.9K-$354.7K
Gross Profit$412.2K$2.4M$785.7K$859.8K
General And Administrative Expense$3.0M$3.2M$1.4M$1.2M
Cost Of Revenue$3.5M$4.4M$3.4M$3.3M
Comprehensive Income Net Of Tax-$2.5M-$627.6K-$597.0K-$350.7K
Interest Expense$61.6K$35.4K$13.3K
Interest Expense Nonoperating$129.8K$61.6K$35.4K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Stockholders Equity$3.5M$6.0M-$1.7M-$1.1M-$765.7K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations$4.3M$5.2M$609.6K$537.7K$8.2K
Contract With Customer Liability Current$533.5K$996.5K$867.1K$227.4K$532.5K
Repayments Of Bank Debt$4.7M$1.4M$440.6K$1.4M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect-$935.3K$4.6M$69.8K$535.4K
Retention Receivables Noncurrent Net$221.5K$220.2K$219.6K$150.6K
Retention Receivables Current Net$248.5K$117.5K$2.2K$67.5K
Retained Earnings Accumulated Deficit-$5.4M-$2.9M-$2.2M-$1.6M
Property Plant And Equipment Net$50.8K$65.6K$1.8K$4.4K
Liabilities Current$4.8M$5.1M$4.2M$2.8M
Liabilities And Stockholders Equity$8.7M$11.8M$3.1M$2.4M
Liabilities$5.2M$5.8M$4.8M$3.5M
Common Stock Value$8.4M$8.4M$2.00$2.00
Common Stock No Par Value$0.00$0.00$0.00$0.00
Cash And Cash Equivalents At Carrying Value$4.3M$5.2M$609.6K$537.7K
Assets Current$6.8M$11.3M$2.9M$2.3M
Assets$8.7M$11.8M$3.1M$2.4M
Accumulated Other Comprehensive Income Loss Net Of Tax$56.4K$26.4K$5.2K$5.3K
Other Liabilities Current$1.3M$1.9M$1.5M
Operating Lease Right Of Use Asset$91.9K$206.8K
Operating Lease Liability Current$89.8K$113.2K
Finance Lease Liability Noncurrent$24.5K$35.4K
Finance Lease Liability Current$11.1K$10.3K
Other Receivables Related Parties Current$1.3K$1.3K
Other Payables$332.0K$47.7K
Operating Lease Liability Noncurrent$89.3K
Loans Payable To Bank$552.5K$653.2K

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Proceeds From Bank Debt$5.3M$2.0M$537.4K$2.1M
Net Cash Provided By Used In Operating Activities-$1.6M-$3.8M-$352.8K-$482.8K
Net Cash Provided By Used In Financing Activities$634.7K$8.4M$422.5K$1.0M
Increase Decrease In Retention Receivables$129.7K$115.0K$5.8K-$86.7K
Increase Decrease In Contract With Customer Liability-$466.5K$126.8K$637.3K-$303.0K
Increase Decrease In Contract With Customer Asset-$1.6M$676.8K$233.1K$747.0K
Increase Decrease In Accounts Receivable-$28.7K$3.1M$413.1K-$772.6K
Increase Decrease In Accounts Payable-$630.1K$422.3K$226.3K-$34.4K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$29.6K$1.0K$2.1K-$5.9K
Increase Decrease In Other Receivables$80.8K$131.9K-$16.5K
Increase Decrease In Prepaid Expenses Other$28.6K$142.6K$659.00
Increase Decrease In Other Payables$77.6K-$12.9K-$14.3K
Proceeds From Repayments Of Related Party Debt$11.8K-$524.8K$325.8K
Increase Decrease In Other Current Liabilities-$9.8K$77.6K-$12.9K
Increase Decrease In Operating Lease Liability-$122.6K-$23.8K
Increase Decrease In Interest Lease Expenses$2.6K$1.6K
Increase Decrease In Advance And Prepayments-$19.2K$28.6K$142.6K
Proceeds From Issuance Initial Public Offering$8.4M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Weighted Average Number Of Shares Outstanding Basic15.2M14.3M12.0M12.0M
Earnings Per Share Basic$-0.17$-0.04$-0.05$-0.03
Common Stock Shares Outstanding17.4M15.1M12.0M12.0M
Weighted Average Number Of Diluted Shares Outstanding15.2M14.3M12.0M12.0M
Earnings Per Share Diluted$-0.17$-0.04$-0.05$-0.03
Common Stock Shares Issued17.4M15.1M12.0M12.0M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021
Provision For Other Credit Losses$636.2K$220.9K$168.8K$108.5K
Listing Fee$190.5K$1.2M$328.7K$458.0K
Interest Paid Net$127.2K$60.0K$35.4K$13.3K
Depreciation$584.00$1.2K$2.6K$3.6K
Short Term Borrowings$1.9M$1.1M$455.1K$258.5K
Other Prepaid Expense Current$170.7K$188.8K$159.7K$16.6K
Contract With Customer Asset Net$109.3K$1.7M$1.0M$943.4K
Additional Paid In Capital$503.2K$503.2K$503.2K$503.2K
Long Term Loans From Bank$447.1K$552.5K$653.2K$752.9K
Repayment To Advance From Director$524.8K-$325.8K-$1.5M
Stock Issued During Period Value New Issues$8.4M
Repayments To Directors-$1.2M
Proceed Advance From Director$325.8K$1.5M

Most recent annual filing with the SEC: May 15, 2025

Data sourced from SEC EDGAR public filings as of August 8, 2026.