Philip Richter - Widepoint Director

WYY Stock  USD 5.08  0.12  2.42%   

Director

Mr. Philip E. Richter serves as Director of the Company. He is President and cofounder of New York City based Hollow Brook Wealth Management, LLC, which was formed in 1999. Hollow Brook is an SEC registered independent wealth management firm that manages and advises capital on behalf of families, foundations, endowments, pension plans, and individuals. Prior to Hollow Brook, Mr. Richter was an equity research analyst at Ingalls Snyder, LLC, an employee owned investment manager, from 20042007, and a managing director of Knickerbocker, LLC, a private investment management family office, from 19982003, where he advised an alternative investment portfolio in private equity, VC and alternative investments. Earlier he was director of strategic planning for Beneficial Technology Corporation from 1996 to 1998 and a branch manager of consumer finance for Beneficial Management Corporation from 1994 to 1996. Mr. Richter has served as a trustee of the Pray Family Foundation since August 2013. He has also been the Treasurer of the United States Equestrian Team Foundation since January 2012 and was on the Board of Directors of the Lake Placid Horse Show since January 2008, the Hampton Classic Horse Show since May 2009, and the United States Equestrian Federation since June 2016 since 2017.
Age 48
Tenure 7 years
Professional MarksMBA
Address South Tower, Fairfax, VA, United States, 22030
Phone703 349 2577
Webhttps://www.widepoint.com
Richter received a B.A. in History at Boston College and holds an MBA from New York University’s Stern School of Business.

Widepoint Management Efficiency

The company has Return on Asset of (0.0341) % which means that on every $100 spent on assets, it lost $0.0341. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2249) %, meaning that it generated no profit with money invested by stockholders. Widepoint's management efficiency ratios could be used to measure how well Widepoint manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.11 in 2024. Return On Capital Employed is likely to drop to -0.2 in 2024. At this time, Widepoint's Non Currrent Assets Other are fairly stable compared to the past year. Intangible Assets is likely to rise to about 7.7 M in 2024, whereas Total Assets are likely to drop slightly above 36.7 M in 2024.
Widepoint C has 4.75 M in debt with debt to equity (D/E) ratio of 0.21, which may show that the company is not taking advantage of profits from borrowing. Widepoint C has a current ratio of 1.1, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Widepoint to invest in growth at high rates of return.

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WidePoint Corporation provides technology management as a service to the government and business enterprises in North America and Europe. WidePoint Corporation was founded in 1991 and is headquartered in Fairfax, Virginia. Widepoint Corp operates under Information Technology Services classification in the United States and is traded on AMEX Exchange. It employs 253 people. Widepoint C (WYY) is traded on NYSE MKT Exchange in USA. It is located in South Tower, Fairfax, VA, United States, 22030 and employs 206 people. Widepoint is listed under IT Consulting & Other Services category by Fama And French industry classification.

Management Performance

Widepoint C Leadership Team

Elected by the shareholders, the Widepoint's board of directors comprises two types of representatives: Widepoint inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Widepoint. The board's role is to monitor Widepoint's management team and ensure that shareholders' interests are well served. Widepoint's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Widepoint's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jin Kang, Chief Operations Officer, Executive VP, CEO of Isys Llc and President of Isys Llc
Philip Richter, Director
Jason Holloway, Executive Vice President and Chief Sales and Marketing Officer
Robert George, Executive CFO
Todd Dzyak, Chief Officer
Otto Guenther, Executive Chairman of the Board
Caroline Godfrey, Chief Officer
Julia Bowen, Director
Ian Sparling, Interim Chief Financial Officer
Kellie Kim, Chief Financial Officer, Executive Vice President
Richard Todaro, Director
Amy OBryan, Human Manager

Widepoint Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Widepoint a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Widepoint Stock Analysis

When running Widepoint's price analysis, check to measure Widepoint's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Widepoint is operating at the current time. Most of Widepoint's value examination focuses on studying past and present price action to predict the probability of Widepoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Widepoint's price. Additionally, you may evaluate how the addition of Widepoint to your portfolios can decrease your overall portfolio volatility.