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WDSP on OTC

World Scan Project, Inc.

World Scan Project, Inc. is an American wholesale-computers and peripheral equipment and software company.1 Its shares trade on OTC under the symbol WDSP.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$25.2MRevenue, fiscal 20242
-$768.4KNet income, fiscal 20242

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  • TickerWDSP on OTC1
  • IndustryWholesale-Computers & Peripheral Equipment & Software1
  • HeadquartersDE1
  • Incorporated inDE3
  • Business address2-18-23, Nishiwaseda, Shinjuku-Ku, Tokyo, M0 162-00513
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company3

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Company”) was incorporated under the laws of the State of Delaware on October 25, 2019.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

30.2%Gross margin2
-3.0%Net margin2
8650.0%Revenue growth, 20242
-4.6%Return on equity2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue70¢$17.6M
  • Other costs30¢$7.6M
  • Income tax0¢$2.5K

Out of $25.2M in revenue.2 The company lost money this year.

Financial statements

Revenue5672$25.2M in 2024+409% since 2020
0$10.0M$20.0M$30.0M2020: $5.0M$5.0M20202021: $11.8M$11.8M2021+139%2022: $14.5M$14.5M2022+23%2023: $288.1K$288.1K2023−98%2024: $25.2M$25.2M2024+8650%
Gross profit5672$7.6M in 2024+133% since 2020
0$10.0M$20.0M$30.0M$40.0M2020: $3.3M$3.3M20202021: $6.8M$6.8M2021+107%2022: $18.1M$18.1M2022+167%2023: $30.9M$30.9M2023+70%2024: $7.6M$7.6M2024−75%
Net income5672-$768.4K in 2024
-$5.0M0$5.0M$10.0M2020: $1.3M$1.3M20202021: $2.3M$2.3M2021+77%2022: $8.9M$8.9M2022+282%2023: -$3.4M-$3.4M20232024: -$768.4K-$768.4K2024−78%
Fiscal year201920202021202220232024
Revenue$5.0M5$11.8M6$14.5M7$288.1K2$25.2M2
Cost of revenue$1.7M5$5.0M6$11.3M7$135.3K2$17.6M2
Gross profit$3.3M5$6.8M6$18.1M7$30.9M2$7.6M2
Research and development$18.7M12
Operating expenses$3.5M6$4.3M7$36.3M2$7.1M2
Operating income$2.0M8
Income tax$714.9K5$1.3M6$4.9M7-$2.1M2$2.5K2
Net income$1.3M5$2.3M6$8.9M7-$3.4M2-$768.4K2
Earnings per share$0.135$0.226$0.847-$0.322-$0.072
Earnings per share (diluted)$0.075$0.116$0.437-$0.172-$0.042
Shares (weighted, basic)10.6M shares610.6M shares710.7M shares211.2M shares2
Shares (weighted, diluted)20.6M shares620.6M shares720.7M shares221.2M shares2

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What it owns

What World Scan Project, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.6M2 Oct 31, 2024$5.7M2 Oct 31, 2023−71.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, net$85.9K2 Oct 31, 2024$15.1K2 Oct 31, 2023+467.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$17.0M2 Oct 31, 2024$358.6K2 Oct 31, 2023+4652.9%

Properties, in its own words

Our principal executive offices are located at 2-18-23, Nishiwaseda, Shinjuku-Ku, Tokyo, 162-0051, Japan.

The following table details the terms of the lease agreements for the various properties leased by the Company.

The rest of Item 2

Work space · Address · Lessee · Lessor · Monthly Rent · Date of Agreement · Term (Expiration of Lease)

Tokyo Office · 2-18-23-2F, Nishiwaseda, Shinjuku-ku, Tokyo, Japan · World Scan Project Corporation · Make V Holdings Co., Ltd, · JPY 200,000 $1,569 · January 22, 2020 · December 31, 2025

Kojimachi Office · 3-5-2-201, Kojimachi, Chiyuda-ku, Tokyo, Japan · World Scan Project Corporation · Kenedix Property Design Co., Ltd, · JPY 601,920 $4,725 · June 28, , 2021 · October 26, 2025

Kojimachi Office · 3-5-2-1112, Kojimachi, Chiyuda-ku, Tokyo, Japan · World Scan Project Corporation · Kenedix Property Design Co., Ltd, · JPY 581,058 $4,561 · June 28, 2021 · September 30, 2025

Kojimachi Office · 3-5-2-610, Kojimachi, Chiyuda-ku, Tokyo, Japan · World Scan Project Corporation · Kenedix Property Design Co., Ltd, · JPY627,575 $4,926 · August 27, 2021 · December 2, 2025

Kojimachi Office · 3-5-2-203, Kojimachi, Chiyuda-ku, Tokyo, Japan · World Scan Project Corporation · Kenedix Property Design Co., Ltd, · JPY 325,325 $2,553 · February 1, 2022 · April 1, 2026

Tenshodo · 4-3-9 12fl. Ginza, Chuo-ku, Tokyo, Japan · World Scan Project Corporation · Tenshodo Co. · JPY 1,050,000 $8,242 · October 30, 2021 · November 18, 2031

Item 2 of the 10-K filed Sep 2, 2025.4

Timeline

  1. Oct 27, 20258-K Regulation FD disclosure13
  2. Oct 22, 20258-K Other events14
  3. Oct 21, 20258-K Regulation FD disclosure15
  4. Oct 16, 20258-K Other events16
  5. Jun 6, 20258-K Change of auditor17
  6. May 27, 20258-K Change of auditor18
  7. Aug 13, 20248-K Other events19
  8. May 14, 20248-K Change of auditor20
  9. Jan 23, 20248-K Change of auditor21

Filings

44 filings to the SEC since October 2021: 4 annual reports, 18 quarterly reports, 9 major events, 13 other. The latest 20:

  1. Oct 27, 20258-K EDGAR
  2. Oct 22, 20258-K/A EDGAR
  3. Oct 21, 20258-K EDGAR
  4. Oct 16, 20258-K EDGAR
  5. Sep 23, 202510-Q EDGAR
  6. Sep 22, 202510-Q/A EDGAR
  7. Sep 18, 202510-Q EDGAR
  8. Sep 18, 202510-Q EDGAR
  9. Sep 2, 202510-K EDGAR
  10. Aug 29, 202510-Q/A EDGAR
  11. Aug 29, 202510-Q/A EDGAR
  12. Aug 29, 202510-Q/A EDGAR
  13. Jun 6, 20258-K/A EDGAR
  14. May 27, 20258-K EDGAR
  15. Jan 29, 2025NT 10-K EDGAR
  16. Nov 20, 202410-Q EDGAR
  17. Nov 20, 202410-Q EDGAR
  18. Nov 19, 202410-Q/A EDGAR
  19. Nov 19, 202410-Q EDGAR
  20. Nov 19, 202410-K EDGAR

The 44 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How World Scan Project, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWorld Scan Project, Inc.1
  • CIK0001813744
  • Employer ID (EIN)35-26775324
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsOctober 311
  • Industry code (SIC)5045 Wholesale-Computers & Peripheral Equipment & Software1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address2-18-23, Nishiwaseda, Shinjuku-Ku, Tokyo, M0 162-00511
  • Phone81-3-6670-16921
  • Public float$120.0K as of Oct 31, 20234
  • AuditorBCRG Group, Irvine, CA PCAOB ID 71584
  • On EDGAR sinceJun 12, 20201
  • Filings64 in all: 10-Q (16), 8-K (7), 10-K (5), 10-Q/A (5), NT 10-K (5), S-1/A (5), UPLOAD (4), CORRESP (3)1
    All 15 form types

    EFFECT (3), NT 10-Q (3), S-1 (3), 8-K/A (2), 10-K/A (1), 8-A12G (1), 8-A12G/A (1)

  • Latest filingsAnnual report (10-K) Sep 2, 2025
    Quarterly report (10-Q) Sep 23, 2025
    Latest 8-K (8-K) Oct 27, 2025

Risk factors and legal proceedings

Legal proceedings

From time to time, we may become party to litigation or other legal proceedings that we consider to be a part of the ordinary course of our business. We are not currently involved in legal proceedings that could reasonably be expected to have a material adverse effect on our business, prospects, financial condition or results of operations. We may become involved in material legal proceedings in the future.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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    SEC EDGAROther events
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    SEC EDGAROther events
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