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Edgewater Wireless Systems Inc. (V:YFI)

Business Focus: Communications & Networking (NEC)

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