In fiscal 2024, which ended Oct 31, 2024, World Scan Project, Inc. reported revenue of $25.2 million, up 8650.0% from the year before. It recorded a net loss of $768,431. Diluted earnings per share were -$0.04. Over the twelve months ended Jul 31, 2025, revenue was $22.5 million and net income was $92,779. Across the 5 fiscal years shown, revenue grew from $5.0 million in fiscal 2020 to $25.2 million in fiscal 2024, about 50.2% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2025
Jul 31, 2025
|
FY 2024
Oct 31, 2024
|
FY 2023
Oct 31, 2023
|
FY 2022
Oct 31, 2022
|
FY 2021
Oct 31, 2021
|
FY 2020
Oct 31, 2020
|
|---|---|---|---|---|---|---|
| Revenue |
23
+71.1%
|
25
+8650.0%
|
0
-98.0%
|
15
+22.9%
|
12
+138.5%
|
5
|
| Cost of revenue |
14
+45.9%
|
18
+12903.3%
|
0
-98.8%
|
11
+125.5%
|
5
+199.2%
|
2
|
| Gross profit |
8
+41.0%
|
8
-75.3%
|
31
+70.3%
|
18
+166.7%
|
7
+107.5%
|
3
|
| Research and development |
—
|
—
|
19
|
—
|
—
|
—
|
| Selling, general and administrative |
6
+7.5%
|
6
-64.0%
|
18
+309.0%
|
4
+24.4%
|
3
|
—
|
| Operating income |
—
|
—
|
—
|
—
|
—
|
2
|
| Income tax |
0
+412.9%
|
0
+100.1%
|
-2
-142.5%
|
5
+269.4%
|
1
+86.5%
|
1
|
| Net income |
0
+112.8%
|
-1
+77.5%
|
-3
-138.4%
|
9
+281.9%
|
2
+77.5%
|
1
|
| Basic EPS |
0.01
+111.8%
|
-0.07
+78.1%
|
-0.32
-138.1%
|
0.84
+281.8%
|
0.22
+69.2%
|
0.13
|
| Diluted EPS |
0.00
+112.2%
|
-0.04
+76.5%
|
-0.17
-139.5%
|
0.43
+290.9%
|
0.11
+57.1%
|
0.07
|
| Weighted average shares, basic |
12
+8.2%
|
11
+4.9%
|
11
+0.5%
|
11
+0.0%
|
11
+5.6%
|
10
|
| Weighted average shares, diluted |
22
+4.4%
|
21
+2.5%
|
21
+0.2%
|
21
+0.0%
|
21
+2.8%
|
20
|
| Margins | ||||||
| Gross margin |
36.75%
|
30.20%
|
10,708.86%
|
124.84%
|
57.51%
|
66.12%
|
| Operating margin |
—
|
—
|
—
|
—
|
—
|
40.97%
|
| Profit margin |
0.41%
|
-3.05%
|
-1,185.93%
|
61.38%
|
19.74%
|
26.53%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Wholesale-Computers & Peripheral Equipment & Software (SIC 5045)
- Listed as
- WDSP (OTC)
- Fiscal year ends
- October 31
- Incorporated in
- DE
- Headquarters
- Shinjuku-Ku, Tokyo, Japan
- SEC filer status
- Non-accelerated filer, Smaller reporting company, Emerging growth company
- SEC CIK
- 1813744
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.