WhiteFiber, Inc.

Listed Company

WYFICIK 0002042022NasdaqEmerging GrowthFinance ServicesE9FY ends Dec 31

Period

FY 2025

Revenue

$79.16M

Net Income

$-24.68M

Total Assets

$651.35M

Equity

$482.46M

Shares Out

38.37M

Op. Cash Flow

$45.66M

Business

WhiteFiber, Inc. is a foreign private issuer in Finance Services, headquartered in the United States. Shares trade on Nasdaq under the ticker WYFI.

Auto-generated from company profile

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31
Total revenues	79	48
Depreciation and amortization expenses	−23	−17
General and administrative expenses	−53	−10
Total operating expenses	−106	−47
(Loss) income from operations	−27	628,385
Net loss from disposal of property and equipment	−372,993	—
Other income, net	1	2
Total other income, net	1	2
Total (loss) income before income taxes	−26	2
Income tax benefit (expense)	1	−874,177
Net (loss) income	−25	1
Foreign currency translation adjustment	3	−2
Total comprehensive (loss)	−21	−195,716
Basic (in Shares)	32	27
Diluted (in Shares)	32	27
Basic (in Dollars per share)	−0.78	0.05
Diluted (in Dollars per share)	−0.78	0.05

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31
Cash and cash equivalents	114	12	—
Restricted cash	4	4	—
Accounts receivable, net	24	5	—
Net investment in lease - current, net	4	3	—
Other current assets, net	21	23	—
Total current assets	168	47	—
Deposits for property, plant, and equipment	53	36	—
Property, plant, and equipment, net	337	89	—
Right-of-use assets	24	15	—
Net investment in lease - non-current, net	10	7	—
Investment security	1	1	—
Deferred tax assets	3	104,642	—
Intangible assets, net	13	13	—
Goodwill	20	19	—
Other non-current assets, net	24	3	—
Total non-current assets	484	183	—
Total assets	651	229	—
Accounts payable	8	2	—
Current portion of deferred revenue	8	31	—
Current portion of lease liabilities	18	4	—
Income tax payable	217	985,191	—
Other payables and accrued liabilities	48	7	—
Total current liabilities	83	46	—
Non-current portion of lease liabilities	5	9	—
Non-current portion of deferred revenue	72	73,494	—
Deferred tax liabilities	6	4	—
Other long-term liabilities	—	785,371	—
Total non-current liabilities	86	14	—
Total liabilities	169	59	—
Commitments and Contingencies (Note 17)	—	—	—
Ordinary shares, $0.01 par value, 340,000,000 and 340,000,000 shares authorized, 38,344,239 and 27,043,750 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively	383,443	270,438	—
Additional paid-in capital	505	171	—
Accumulated (deficit) retained earnings	−25	143,893	—
Accumulated other comprehensive income (loss)	2	−2	—
Total Shareholders Equity	482	170	50
Total Liabilities and Shareholders Equity	651	229	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31
Depreciation and amortization expenses	23	17
Share-based compensation expenses	17	—
Loss from disposal of property, plant, and equipment	372,993	—
Current expected credit losses	178,290	—
Right-of-use assets	5	3
Accounts receivable	−19	−5
Net investment in lease	3	−5
Other current assets	2	−4
Other non-current assets	−21	−832,572
Accounts payable	6	423,071
Income tax payable	−984,974	985,191
Other payables and accrued liabilities	15	−2
Other long-term liabilities	−785,371	−1
Deferred revenue	49	17
Lease liabilities	−4	−3
Deferred tax liabilities	−721,029	−235,011
Amounts due to related parties	−3	—
Net Cash Provided by Operating Activities	46	19
Purchases of and deposits made for property, plant, and equipment	−268	−79
Investment in SAFE	—	−1
Proceeds from disposal of property, plant and equipment	1	—
Net Cash Used in Investing Activities	−267	−80
Net transfers from Parent	157	76
Proceeds from issuance of ordinary shares/initial public offering, net of offering costs	144	—
Proceeds from issuance of ordinary shares/over-allotment option exercise, net of offering costs	22	—
Repayment of finance lease liabilities	−92,118	—
Net Cash Provided by Financing Activities	324	76
Net increase in cash, cash equivalents and restricted cash	102	15
Effect of exchange rate changes on cash, cash equivalents and restricted cash	723,162	−408,279
Cash paid for income taxes, net of (refunds)	598,182	—
Right of use assets exchanged for operating lease liabilities	31	6
Reclassification of deposits to property, plant and equipment	121	23
Net investment in sales-type lease of equipment	8	5
Reclassification of operating lease right-of-use asset and liability to finance lease	−17	—
Construction in progress included in other payables and accrued liabilities	27	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro