Sign in

Private company

WIRELESS TELECOM GROUP INC

WIRELESS TELECOM GROUP INC is an American communications equipment company, incorporated in New Jersey.1 It is headquartered in Parsippany, New Jersey.1

Last updated Oct 21, 2026.

Overview

  • IndustryCommunications Equipment, NEC1
  • HeadquartersParsippany, New Jersey1
  • Incorporated inNJ2
  • Business address25 Eastmans Road, Parsippany, Nj 070542
  • Filer categoryNon-accelerated filer, Smaller reporting company2

See how the biggest companies compare on our leaderboards

Financials

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

Key numbers, fiscal 2022

57.4%Gross margin3
-11.8%Operating margin3
65.2%Net margin3
-1.4%Revenue growth, 20223
35.5%Return on equity3
-$10.4MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue36¢$9.5M
  • Research and development7¢$1.8M
  • Income tax3¢$731.0K
  • Profit55¢$14.6M

Out of $22.4M in revenue.3

Financial statements

Revenue456783$22.4M in 2022−29% since 2016
0$20.0M$40.0M$60.0M2016: $31.3M$31.3M20162017: $46.1M$46.1M2017+47%2018: $52.8M$52.8M2018+15%2019: $48.9M$48.9M2019−7%2020: $41.7M$41.7M2020−15%2021: $22.7M$22.7M2021−46%2022: $22.4M$22.4M2022−1%
Gross profit456783$12.8M in 2022−2% since 2016
0$10.0M$20.0M$30.0M2016: $13.2M$13.2M20162017: $19.3M$19.3M2017+46%2018: $24.2M$24.2M2018+25%2019: $22.3M$22.3M2019−8%2020: $21.0M$21.0M2020−6%2021: $13.0M$13.0M2021−38%2022: $12.8M$12.8M2022−1%
Operating income456783-$2.6M in 2022+4% since 2016
-$10.0M-$7.5M-$5.0M-$2.5M0$2.5M2016: -$2.5M-$2.5M20162017: -$2.9M-$2.9M2017+13%2018: $779.0K$779.0K20182019: -$1.5M-$1.5M20192020: -$8.1M-$8.1M2020+448%2021: -$2.2M-$2.2M2021−73%2022: -$2.6M-$2.6M2022+19%
Net income456783$14.6M in 2022
-$10.0M0$10.0M$20.0M2016: -$1.8M-$1.8M20162017: -$4.5M-$4.5M2017+145%2018: $35.0K$35.0K20182019: -$414.0K-$414.0K20192020: -$8.1M-$8.1M2020+1854%2021: $1.5M$1.5M20212022: $14.6M$14.6M2022+873%
Fiscal year2016201720182019202020212022
Revenue$31.3M4$46.1M5$52.8M6$48.9M7$41.7M8$22.7M3$22.4M3
Cost of revenue$18.2M4$26.8M5$28.6M6$26.6M7$20.8M8$9.7M3$9.5M3
Gross profit$13.2M4$19.3M5$24.2M6$22.3M7$21.0M8$13.0M3$12.8M3
Research and development$4.0M4$4.4M5$4.9M6$5.9M7$6.4M8$1.7M3$1.8M3
Operating expenses$15.2M3$15.5M3
Operating income-$2.5M4-$2.9M5$779.0K6-$1.5M7-$8.1M8-$2.2M3-$2.6M3
Interest$296.0K5$575.0K6$305.0K7$985.0K8$1.1M8
Income before tax-$1.2M3-$3.2M3
Income tax-$352.0K4$1.2M5$48.0K6-$1.4M7-$809.0K8-$554.0K3-$731.0K3
Net income-$1.8M4-$4.5M5$35.0K6-$414.0K7-$8.1M8$1.5M3$14.6M3
Earnings per share-$0.104-$0.225$0.006-$0.027-$0.378$0.073$0.683
Earnings per share (diluted)-$0.104-$0.225$0.006-$0.027-$0.378$0.063$0.653
Shares (weighted, basic)22.0M shares321.7M shares3
Shares (weighted, diluted)24.3M shares322.5M shares3

Compare WIRELESS TELECOM GROUP INC with another company

Corporate structure

WIRELESS TELECOM GROUP INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of WIRELESS TELECOM GROUP INC

  • WIRELESS TELECOM GROUP INC Parsippany, New Jersey

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What WIRELESS TELECOM GROUP 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.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$6.9M3 Dec 31, 2022$6.5M3 Dec 31, 2021+5.9%
Accumulated depreciation$6.5M3 Dec 31, 2022$6.1M3 Dec 31, 2021+6.4%
Property and equipment, net$467.0K3 Dec 31, 2022$469.0K3 Dec 31, 2021−0.4%
Operating-lease assets (leased space)$579.0K3 Dec 31, 2022$1.1M3 Dec 31, 2021−49.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$20.7M3 Dec 31, 2022$4.5M3 Dec 31, 2021+363.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$6.0M3 Dec 31, 2022$6.0M3 Dec 31, 20210%
Intangible assets, net (excluding goodwill)$2.6M3 Dec 31, 2022$3.2M3 Dec 31, 2021−18.1%
Finite-lived intangibles, gross$4.3M3 Dec 31, 2022$4.3M3 Dec 31, 20210%
Accumulated amortization-$1.7M3 Dec 31, 2022-$1.1M3 Dec 31, 2021−52.1%
Finite-lived intangibles, net$2.6M3 Dec 31, 2022$3.2M8 Dec 31, 2021−20.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$5.1M3 Dec 31, 2022$4.4M3 Dec 31, 2021+14.6%
Raw materials$3.5M3 Dec 31, 2022$2.7M3 Dec 31, 2021+28.5%
Work in process$553.0K3 Dec 31, 2022$492.0K3 Dec 31, 2021+12.4%
Finished goods$1.1M3 Dec 31, 2022$1.3M3 Dec 31, 2021−14.2%

Leadership

Who has led WIRELESS TELECOM GROUP INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Paul S. Genova2009–2014
  2. Timothy Whelan2016–2023

President

  1. Paul S. Genova2007–2010

Chief financial officer

  1. Paul S. Genova2007–2010
  2. Robert Censullo2010–2014
  3. Michael Kandell2017–2023
2010201520202025
Board members and other officers (21)

Timeline

  1. Aug 4, 20238-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights37
  2. Aug 2, 20238-K Shareholder vote; Other events38
  3. Jun 12, 20238-K Entered a material agreement39
  4. May 25, 20238-K Entered a material agreement; Executive or director change; Regulation FD disclosure40
  5. May 15, 20238-K Results of operations41
  6. Apr 3, 20238-K Entered a material agreement42
  7. Mar 23, 20238-K Results of operations; Executive or director change43
  8. Dec 30, 20228-K Completed an acquisition or sale44
  9. Dec 5, 20228-K Entered a material agreement45
  10. Nov 14, 20228-K Results of operations46
  11. Sep 28, 20228-K Regulation FD disclosure47
  12. Aug 18, 20228-K Regulation FD disclosure48
  13. Jul 5, 2016New chief executive Timothy Whelan becomes CEO12
  14. Nov 27, 2009New chief executive Paul S. Genova becomes CEO13

Calendar

When it reported results

  1. May 15, 2023Reported quarterly or annual results41
  2. Mar 23, 2023Reported quarterly or annual results43
  3. Nov 14, 2022Reported quarterly or annual results46
  4. Aug 9, 2022Reported quarterly or annual results49
  5. May 11, 2022Reported quarterly or annual results50
  6. Mar 17, 2022Reported quarterly or annual results51
  7. Feb 10, 2022Reported quarterly or annual results52
  8. Nov 10, 2021Reported quarterly or annual results53

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

80 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 27 major events, 22 insider forms, 6 large holders, 18 other. The latest 20:

  1. Aug 14, 202315-12G EDGAR
  2. Aug 4, 20234 EDGAR
  3. Aug 4, 20234 EDGAR
  4. Aug 4, 20234 EDGAR
  5. Aug 4, 20234 EDGAR
  6. Aug 4, 20234 EDGAR
  7. Aug 4, 20234 EDGAR
  8. Aug 4, 20234 EDGAR
  9. Aug 4, 20234 EDGAR
  10. Aug 4, 2023S-8 POS EDGAR
  11. Aug 4, 2023S-8 POS EDGAR
  12. Aug 4, 2023S-8 POS EDGAR
  13. Aug 4, 2023S-8 POS EDGAR
  14. Aug 4, 2023S-8 POS EDGAR
  15. Aug 4, 20238-K EDGAR
  16. Aug 4, 202325-NSE EDGAR
  17. Aug 2, 20238-K EDGAR
  18. Jul 24, 2023DEFA14A EDGAR
  19. Jul 6, 2023SC 13G EDGAR
  20. Jun 28, 2023DEFM14A EDGAR

The 80 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.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$2.0M 2020–2020
Money received by yearMoney received by year, 2020–2020: $2.0M in all. PPP loans $2.0M.$0$1M$2M$3M2020 · PPP loans: $2.0M2020
Figures by year
YearPPP loansTotal
2020$2.0M$2.0M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA58. Matched to this company by name and state.

  1. May 1, 2020$2.0M PPP loan (first draw) from Bank of America, National Association58To WIRELESS TELECOM GROUP INC, Parsippany NJ; $2.1M forgiven Jun 3, 2021

SEC filer profile

How WIRELESS TELECOM GROUP INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWIRELESS TELECOM GROUP INC1
  • CIK0000878828
  • Employer ID (EIN)22-25822951
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inNew Jersey1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3669 Communications Equipment, NEC1
  • Business address25 Eastmans Road, Parsippany, NJ 070541
  • Phone973-386-96961
  • Shares outstanding21,321,047 as of May 2, 202311
  • Public float$23.9M as of Jun 30, 20223
  • On EDGAR sinceMay 31, 19961
  • Filings638 in all: 4 (172), 8-K (167), 10-Q (81), 3 (31), DEF 14A (27), SC 13G/A (22), 10-K (21), DEFA14A (10)1
    All 37 form types

    UPLOAD (9), 10-K/A (8), 4/A (7), SC 13D/A (7), SD (7), 10-K405 (6), S-8 POS (6), SC 13D (6), 8-K/A (5), CORRESP (5), S-8 (5), SC 13G (5), ARS (4), DEFR14A (4), 10-Q/A (2), D (2), DEFM14A (2), EFFECT (2), PRE 14A (2), PREM14A (2), PRER14A (2), S-3 (2), 10-K405/A (1), 15-12G (1), 25-NSE (1), 424B5 (1), NT 10-K (1), S-4 (1), S-4/A (1)

  • Latest filingsAnnual report (10-K) Mar 23, 2023
    Quarterly report (10-Q) May 15, 2023
    Proxy statement (DEF 14A) May 1, 2023
    Latest 8-K (8-K) Aug 4, 2023

Sources

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

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58