SequelSEC

iWallet Corp IWAL

Communications Equipment, NEC · CIK 0001498372 · Fiscal year ends 1231

Revenue
$0
Fiscal year ended 2025-12-31
Operating income
-$918.17K
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

iWallet Corp (IWAL) reported revenue of $0 and net income of -$1.10M for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from iWallet Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Communications Equipment, NEC.

Income

iWallet Corp income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312014-12-31
Revenue$0$0$0$10.05K$69.40K$0$154.65K
Cost of revenue$0$0$0$0$27.45K$0$121.81K
Gross profit$0$0$0$10.05K$41.95K$0$32.84K
Operating income-$918.17K-$65.74K-$225.46K-$36.44K-$203.78K-$10.01KUnavailable
Net income-$1.10M-$108.09K-$267.85K-$106.73K-$346.83K-$70.16K-$2.42M
Research & development$267.01K$0UnavailableUnavailableUnavailableUnavailable$151.24K
Weighted-average diluted sharesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableshares 10.48M
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Income tax expense$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPSUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$651.16K$65.74K$225.46K$46.50K$245.73K$7.79K$231.60K
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

iWallet Corp balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312014-12-31
Cash & equivalents$0$2.44K$1.56K$13.05K$49.66K$11.99KUnavailable
Total assets$80.27K$2.44K$1.56K$13.05K$49.66K$11.99K$1.07M
Current assets$0$2.44K$1.56K$13.05K$49.66K$11.99K$958.61K
Total liabilities$895.77K$590.46K$515.46K$921.59K$851.47K$781.98K$344.08K
Current liabilities$848.76K$590.46K$515.46K$921.59K$851.47K$781.98K$330.31K
Total equity incl. NCI-$815.50K-$588.02K-$513.90K-$908.54K-$801.81K-$769.99K$730.87K
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailable$0Unavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$151.56K$12.31K$596$7.33K$4.50K$0$235.39K

Cash flow

iWallet Corp cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312014-12-31
Operating cash flow-$52.71K-$35.12K-$21.49K-$36.61K$37.67K-$8.08K-$1.70M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow$0$0$0$0$0$0-$31.61K
Financing cash flow$50.27K$36.00K$10.00K$0$0$0$1.95M
Net change in cash-$2.44K$877-$11.49K-$36.61K$37.67K-$8.08K$215.13K
Stock-based compensation$600.00K$16.97K$200.00K$0$212.50K$0$629.74K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailable$0$0UnavailableUnavailableUnavailable

Derived

iWallet Corp derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312014-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailable100.0%60.4%Unavailable21.2%
Operating marginUnavailableUnavailableUnavailable-362.6%-293.6%UnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailable0.0%306.2%Unavailable407.2%
Current ratio0.00x0.00x0.00x0.01x0.06x0.02x2.90x
Revenue YoY growthUnavailableUnavailable-100.0%-85.5%UnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailable-1062.0%-499.7%UnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable97.8%
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IWAL in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-03-27View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-09View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.