Sector: Technology | Industry: Communications & Networking |
Company Contact | |
Address: | 11 Hines Road,, Suite 202 KANATA ON K2K 2X1 |
Tel: | 1-613-2713710 |
Website: | www.edgewaterwireless.com |
IR: | See website |
Key People | ||
Andrew Skafel President, Chief Executive Officer, Director | Chris Olney Chief Financial Officer, Corporate Secretary |
Business Overview |
Edgewater Wireless Systems Inc. is engaged in Spectrum Slicing technology for residential and commercial markets. The Company develops advanced wireless fidelity (Wi-Fi) silicon solutions, access points, and intellectual property (IP) licensing designed to meet the service needs of service providers and their customers. Its physical layer Spectrum Slicing allows a frequency band to be divided, or sliced, to enable more radios to operate in a given area. Its silicon solutions are products delivering multiple, concurrent channels of Tx and Rx from a single, Wi-Fi standard compliant radio. Its Spectrum Slicing powered products are designed to address the needs of carrier-class, high-density Wi-Fi for both residential and commercial deployments. Its products are designed with its comprehensive, user- friendly and intuitive Element Management System-EdgeNet, that offers service providers with flexibility in configuring and independently monitoring each 802.11 channel in the network. |
Financial Overview |
For the nine months ended 31 January 2024, Edgewater Wireless Systems Inc revenues increased from C$2K to C$13K. Net loss decreased 29% to C$522K. Revenues reflect Europe segment increase from C$0K to C$12K. Lower net loss reflects Foreign exchange increase from C$30K (expense) to C$6K (income), General and administrative - Balancing v decrease of 6% to C$512K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $8.23M as of Jan 31, 2024 |
Annual revenue (TTM): | $0.02M as of Jan 31, 2024 |
EBITDA (TTM): | -$0.81M as of Jan 31, 2024 |
Net annual income (TTM): | -$0.59M as of Jan 31, 2024 |
Free cash flow (TTM): | -$0.40M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | $0.15M as of Jan 31, 2024 |
Shares outstanding: | 196,948,891 as of Mar 13, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |