OverviewSuggest Edit

pdvWireless is building the only national wireless network that is exclusively dedicated to serving dispatch-centric enterprises. The company's revolutionary wireless network solutions utilize digital two-way radio technology integrated with proprietary cloud-based mobile workforce applications, allowing businesses to achieve operational efficiency while reducing their telecommunications cost.

DispatchPlus simplifies workforce communication and enhances employee productivity through a unique application that works on Motorola MOTOTRBO two-way radios or smart device. Now everyone can communicate instantly with any individual employee or team, whenever and wherever needed. DispatchPlus allows to track all mobile workforce activities with a robust GPS solution and automate important job status updates to minimize unnecessary calls and maximize billable time.

TypePublic
Founded1997
HQWoodland Park, US
Websitepdvwireless.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Mar 2019)58(-40%)
Revenue (FY, 2020)$1.6 M(-75%)
Share Price (Jul 2020)$42.6 (+2%)
Cybersecurity ratingAMore

Key People/Management at pdvWireless

Brian D. McAuley

Brian D. McAuley

Chairman
Rob Schwartz

Rob Schwartz

President & Chief Operating Officer
Timothy Gray

Timothy Gray

Chief Financial Officer
Ryan Gerbrandt

Ryan Gerbrandt

Chief Operating Officer
Morgan O'Brien

Morgan O'Brien

Chief Executive Officer, Board Member
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pdvWireless Office Locations

pdvWireless has an office in Woodland Park
Woodland Park, US (HQ)
3 Garret Mountain Plaza #401
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pdvWireless Financials and Metrics

pdvWireless Revenue

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pdvWireless's revenue was reported to be $1.56 m in FY, 2020
USD

Revenue (FY, 2020)

1.6m

Gross profit (FY, 2020)

(1.3m)

Gross profit margin (FY, 2020), %

(81.1%)

Net income (FY, 2020)

(37.6m)

EBIT (FY, 2020)

(37.4m)

Market capitalization (8-Jul-2020)

732.7m

Closing stock price (8-Jul-2020)

42.6

Cash (31-Mar-2020)

137.5m

EV

604.0m
pdvWireless's current market capitalization is $732.7 m.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

3.2m3.5m4.8m6.4m6.5m1.6m

Revenue growth, %

12%35%

Cost of goods sold

1.1m3.5m7.0m7.9m7.3m2.8m

Gross profit

2.1m74.7k(2.3m)(1.5m)(752.0k)(1.3m)
Quarterly
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

119.9m153.5m124.1m98.3m76.7m137.5m

Accounts Receivable

395.2k528.3k935.0k444.0k61.0k

Prepaid Expenses

629.8k907.0k850.0k1.2m4.6m

Inventories

93.2k128.0k173.0k
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

122.7m175.9m169.3m160.7m143.2m137.0m130.7m115.5m110.5m104.2m90.9m85.6m82.3m69.0m157.5m150.2m

Accounts Receivable

424.9k403.6k399.5k499.0k652.6k869.4k908.0k713.0k764.0k935.0k978.0k583.0k297.0k136.0k83.0k

Prepaid Expenses

663.5k728.6k354.2k271.1k547.9k986.7k507.0k480.0k1.4m1.3m1.1m1.8m1.2m650.0k2.0m

Inventories

55.8k38.0k44.3k64.0k64.0k125.0k
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(14.7m)(21.8m)(39.2m)(30.6m)(42.0m)(37.6m)

Depreciation and Amortization

96.1k556.3k2.2m2.8m2.8m3.6m

Inventories

(93.2k)(35.0k)(45.0k)173.0k

Accounts Payable

(77.3k)(2.6m)(382.0k)923.0k914.0k578.0k
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(9.1m)(4.4m)(9.8m)(15.1m)(10.1m)(17.9m)(25.2m)(7.9m)(16.1m)(16.2m)(12.3m)(24.1m)(32.4m)(9.4m)(17.1m)(25.9m)

Depreciation and Amortization

54.5k49.1k128.4k286.9k486.7k1.0m1.6m654.0k1.4m2.1m728.0k1.4m2.1m642.0k1.3m2.4m

Inventories

37.5k55.2k48.9k64.0k64.0k3.0k170.0k173.0k173.0k

Accounts Payable

(100.5k)(24.9k)1.6k(21.2k)(1.1m)(825.8k)51.0k(914.0k)(722.0k)550.0k(150.0k)1.1m2.2m(1.4m)(1.2m)(511.0k)
USDQ3, 2015

Financial Leverage

1 x
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pdvWireless Operating Metrics

pdvWireless's Subscribers was reported to be 23 m in FY, 2017.
FY, 2015FY, 2016FY, 2017

Dealers

750 750

Markets

20 20 20

Patents Issued

9 11 11

Subscribers

23 m23 m23 m
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pdvWireless Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

pdvWireless Revenue Breakdown

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pdvWireless revenue breakdown by business segment: 75.6% from Service, 15.2% from Spectrum lease and 9.2% from Other

pdvWireless Online and Social Media Presence

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pdvWireless News and Updates

pdvWireless Files Comments on FCC 900 MHz Notice of Proposed Rulemaking

WOODLAND PARK, N.J., May 31, 2019 /PRNewswire/ -- pdvWireless, Inc., (PDV) (NASDAQ: PDVW) submitted comments related to the Federal Communications Commission's (FCC) Notice of Proposed Rulemaking (NPRM) in the 900 MHz proceeding (WT Docket No. 17-200). The Commission adopted the NPRM this ...

pdvWireless Investor Day Highlights

WOODLAND PARK, N.J., May 22, 2019 /PRNewswire/ -- pdvWireless, Inc. (NASDAQ: PDVW) today announced highlights from the Investor Day event it hosted on Tuesday, May 21, 2019. The event featured presentations from the company's management team, including Morgan E. O'Brien, Chief Executive...

pdvWireless New York Investor Day Webcast Details

WOODLAND PARK, N.J., May 16, 2019 /PRNewswire/ -- pdvWireless (NASDAQ: PDVW) will host an Investor Day on Tuesday, May 21, 2019 in New York, starting at 8:30 a.m. Eastern Time (ET) and concluding at approximately 11:30 a.m. ET. The event will feature presentations from the company's...

pdvWireless and Department of Energy's NREL Announce Industry Advisory Board to Evaluate Private LTE for Next Generation Distribution Systems

WOODLAND PARK, N.J., April 30, 2019 /PRNewswire/ -- pdvWireless, Inc., (PDV) (NASDAQ: PDVW) today announced the formation of an Industry Advisory Board (IAB) as a part of the company's ongoing project with the Department of Energy's (DOE) National Renewable Energy Laboratory (NREL). The...

pdvWireless to Hold 2019 New York Investor Day

WOODLAND PARK, N.J., April 10, 2019 /PRNewswire/ -- pdvWireless, Inc. today announced that it will hold an investor conference in New York City on Tuesday, May 21, 2019. Morgan E. O'Brien, CEO, Rob Schwartz, President and COO and Tim Gray, CFO, along with other members of pdvWireless'...

pdvWireless CEO Comments on FCC 900 MHz Notice of Proposed Rulemaking

WOODLAND PARK, N.J., March 15, 2019 /PRNewswire/ -- pdvWireless, Inc., ("PDV" or the "Company"), today released a shareholder letter from Morgan E. O'Brien, CEO, providing an overview of the Company's thoughts on the Notice of Proposed Rulemaking ("NPRM"), as unanimously voted for...
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pdvWireless Blogs

Public Utilities Fortnightly Extra Edition

Public Utilities Fortnightly is publishing its very first extra edition. The breaking news will have such an enormous impact on utilities that this edition’s immediacy and singular focus is, in our opinion, well-deserved. Read Public Utility Fortnightly’s exclusive interviews with FCC Chair Pai, NAR…

Industry Insights Roundtable (Episode 1)

This inaugural chapter of the Industry Insights series will explore how the FCC, by making 900 MHz spectrum available for private broadband networks, will fortify the next generation of grid modernization, unlocking benefits in cyber security, reliability and advanced technology. Watch this webinar …

FCC move modernizing 900 MHz opens door for safer, deeper utility commmunication networks

The timeless beauty of the future grid will only be skin deep. The future electricity sector on some level won’t look much different than the current one. Some centralized conventional power generation, some distributed energy, lots of substations and meters. The post FCC move modernizing 900 MHz op…

Ameren capitalizes as FCC enables new generation of utility communications networks, grid mod

The Federal Communications Commission (FCC) last week voted to make six megahertz of low-band spectrum available for the development of critical wireless broadband technologies and services, clearing the way for electric utilities to develop their own communications networks that will enable moderni…

Anterix Issues Letter to Shareholders and Announces Investor Conference Call

WOODLAND PARK, N.J., May 19, 2020 /PRNewswire/ -- Anterix Inc. , (NASDAQ: ATEX ), today issued a letter to its shareholders  discussing the Federal Communication Commission's Report and Order  for the 900 MHz spectrum band and subsequent impact of the rules on the company. The post Anterix Issues Le…

FCC approves ‘small-but-mighty’ 900 MHz tranche for private LTE for US utilities

The post FCC approves ‘small-but-mighty’ 900 MHz tranche for private LTE for US utilities appeared first on Anterix.
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pdvWireless Frequently Asked Questions

  • When was pdvWireless founded?

    pdvWireless was founded in 1997.

  • Who are pdvWireless key executives?

    pdvWireless's key executives are Brian D. McAuley, Rob Schwartz and Timothy Gray.

  • How many employees does pdvWireless have?

    pdvWireless has 58 employees.

  • What is pdvWireless revenue?

    Latest pdvWireless annual revenue is $1.6 m.

  • What is pdvWireless revenue per employee?

    Latest pdvWireless revenue per employee is $27 k.

  • Who are pdvWireless competitors?

    Competitors of pdvWireless include Globitel, Mobilitie and Prairie Mobile.

  • Where is pdvWireless headquarters?

    pdvWireless headquarters is located at 3 Garret Mountain Plaza #401, Woodland Park.

  • Where are pdvWireless offices?

    pdvWireless has an office in Woodland Park.

  • How many offices does pdvWireless have?

    pdvWireless has 1 office.