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World Scan Project, Inc. (WDSP) Stock Fundamental Analysis & AI Rating 2026

WDSP OTC Wholesale-Computers & Peripheral Equipment & Software DE CIK: 0001813744
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2025-07-31
SELL
75% Conf
Pending
Analysis scheduled

📊 WDSP Key Takeaways

Revenue: $10.3M
Net Margin: -1.9%
Free Cash Flow: $-2.6M
Current Ratio: 11.44x
Debt/Equity: 0.00x
EPS: $-0.01
AI Rating: SELL with 75% confidence
World Scan Project, Inc. (WDSP) receives a SELL rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $10.3M, net profit margin of -1.9%, and return on equity (ROE) of -0.9%, World Scan Project, Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete WDSP stock analysis for 2026.

Is World Scan Project, Inc. (WDSP) a Good Investment?

Claude

Despite extraordinary 8650% revenue growth, fundamental deterioration is evident: the company generated -$2.6M negative free cash flow while posting net losses of -$196.7K, indicating the growth is not translating to sustainable profitability. With only $211.7K cash remaining and burning $2.6M annually in operations, the company faces a liquidity crisis within months absent operational improvements.

Why Buy World Scan Project, Inc. Stock? WDSP Key Strengths

Claude
  • + Strong balance sheet with $22.2M equity and minimal debt (D/E 0.00x)
  • + Exceptional liquidity position with 11.44x current ratio and $22.2M stockholders equity
  • + Positive gross profit of $4.0M and operating income of $830.8K on revenue base

WDSP Stock Risks: World Scan Project, Inc. Investment Risks

Claude
  • ! Severe cash burn of -$2.6M annually in operating cash flow with only $211.7K cash reserves; depletes in <1 month at current burn rate
  • ! Net unprofitable despite revenue growth (-$196.7K loss), indicating structural margin problems beyond operating level
  • ! Extreme 8650% YoY revenue growth is not credible/sustainable and suggests data quality issues, one-time events, or acquisition-driven inflation
  • ! Working capital mismanagement evidenced by massive gap between positive $830.8K operating income and -$2.6M operating cash flow

Key Metrics to Watch

Claude
  • * Operating cash flow and working capital trends (accounts receivable/inventory management)
  • * Cash runway sustainability and debt raise requirements
  • * Revenue quality validation and whether 8650% growth is recurring or one-time

World Scan Project, Inc. (WDSP) Financial Metrics & Key Ratios

Revenue
$10.3M
Net Income
$-196.7K
EPS (Diluted)
$-0.01
Free Cash Flow
$-2.6M
Total Assets
$24.1M
Cash Position
$211.7K

💡 AI Analyst Insight

Strong liquidity with a 11.44x current ratio provides a solid financial cushion.

WDSP Profit Margin, ROE & Profitability Analysis

Gross Margin 38.6%
Operating Margin 8.1%
Net Margin -1.9%
ROE -0.9%
ROA -0.8%
FCF Margin -25.7%

WDSP vs Technology Sector: How World Scan Project, Inc. Compares

How World Scan Project, Inc. compares to Technology sector averages

Net Margin
WDSP -1.9%
vs
Sector Avg 18.0%
WDSP Sector
ROE
WDSP -0.9%
vs
Sector Avg 22.0%
WDSP Sector
Current Ratio
WDSP 11.4x
vs
Sector Avg 2.5x
WDSP Sector
Debt/Equity
WDSP 0.0x
vs
Sector Avg 0.5x
WDSP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is World Scan Project, Inc. Stock Overvalued? WDSP Valuation Analysis 2026

Based on fundamental analysis, World Scan Project, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-0.9%
Sector avg: 22%
Net Profit Margin
-1.9%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

World Scan Project, Inc. Balance Sheet: WDSP Debt, Cash & Liquidity

Current Ratio
11.44x
Quick Ratio
1.61x
Debt/Equity
0.00x
Debt/Assets
8.1%
Interest Coverage
N/A
Long-term Debt
N/A

WDSP Revenue & Earnings Growth: 5-Year Financial Trend

WDSP 5-year financial data: Year 2020: Revenue $5.0M, Net Income -$189, EPS $0.00. Year 2021: Revenue $11.8M, Net Income $1.3M, EPS $0.07. Year 2022: Revenue $14.5M, Net Income $2.3M, EPS $0.11. Year 2023: Revenue $14.5M, Net Income $8.9M, EPS $0.43. Year 2024: Revenue $25.2M, Net Income -$3.4M, EPS $-0.17.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: World Scan Project, Inc.'s revenue has grown significantly by 409% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.17 indicates the company is currently unprofitable.

WDSP Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-25.7%
Free cash flow / Revenue

WDSP Quarterly Earnings & Performance

Quarterly financial performance data for World Scan Project, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $1.6M $102.0K $-0.01
Q2 2025 $4.2M $102.0K $-0.01
Q1 2025 $4.1M $102.0K $0.00
Q3 2024 $29.7K $110.3K $-0.03
Q2 2024 $734 $110.3K $0.01
Q1 2024 $5.3K -$308.3K $-0.01
Q3 2023 -$47.6K -$919.0K $-0.09
Q2 2023 $734 $938.5K $0.10

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

World Scan Project, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.6M
Cash generated from operations
Dividends
None
No dividend program

WDSP SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for World Scan Project, Inc. (CIK: 0001813744)

📋 Recent SEC Filings

Date Form Document Action
Oct 27, 2025 8-K form8k_jikaiout.htm View →
Oct 21, 2025 8-K form8k_swjpfd.htm View →
Oct 16, 2025 8-K form8k_newproductsout.htm View →
Sep 23, 2025 10-Q worldscan_q325o.htm View →
Sep 22, 2025 10-Q/A worldscan_q125o.htm View →

Frequently Asked Questions about WDSP

What is the AI rating for WDSP?

World Scan Project, Inc. (WDSP) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WDSP's key strengths?

Claude: Strong balance sheet with $22.2M equity and minimal debt (D/E 0.00x). Exceptional liquidity position with 11.44x current ratio and $22.2M stockholders equity.

What are the risks of investing in WDSP?

Claude: Severe cash burn of -$2.6M annually in operating cash flow with only $211.7K cash reserves; depletes in <1 month at current burn rate. Net unprofitable despite revenue growth (-$196.7K loss), indicating structural margin problems beyond operating level.

What is WDSP's revenue and growth?

World Scan Project, Inc. reported revenue of $10.3M.

Does WDSP pay dividends?

World Scan Project, Inc. does not currently pay dividends.

Where can I find WDSP SEC filings?

Official SEC filings for World Scan Project, Inc. (CIK: 0001813744) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WDSP's EPS?

World Scan Project, Inc. has a diluted EPS of $-0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WDSP a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, World Scan Project, Inc. has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is WDSP stock overvalued or undervalued?

Valuation metrics for WDSP: ROE of -0.9% (sector avg: 22%), net margin of -1.9% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy WDSP stock in 2026?

Our dual AI analysis gives World Scan Project, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WDSP's free cash flow?

World Scan Project, Inc.'s operating cash flow is $-2.6M, with capital expenditures of N/A. FCF margin is -25.7%.

How does WDSP compare to other Technology stocks?

Vs Technology sector averages: Net margin -1.9% (avg: 18%), ROE -0.9% (avg: 22%), current ratio 11.44 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2025-07-31 | Powered by Claude AI