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 (Nov 2020)$29.1 (+2%)
Cybersecurity ratingBMore

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 (20-Nov-2020)

502.1m

Closing stock price (20-Nov-2020)

29.1

Cash (31-Mar-2020)

137.5m

EV

373.4m
pdvWireless's current market capitalization is $502.1 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 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

pdvWireless Online and Social Media Presence

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pdvWireless Company Culture

  • CEO Rating

    F

    50/100

  • Compensation

    F

    28/100

Learn more on Comparably

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

NARUC Annual Meeting & Education Conference

NARUC holds three membership-wide meetings each year, where members gather to set policy, share best practices, and discuss crucial industry issues. Anterix will be presenting a video at this conference. The post NARUC Annual Meeting & Education Conference appeared first on Anterix.

Building Momentum for the 900 PLTE Ecosystem

Join Anterix, Motorola, Qualcomm, Sierra Wireless, and Telit as they present their plans and roadmap to grow a vibrant of ecosystem of commercially ready available 900 MHz devices. The post Building Momentum for the 900 PLTE Ecosystem appeared first on Anterix.

GuideHouse Webinar: New Networking Strategies and Solutions for the Utility of the Future

Roundtable discussion with co-Moderator's Richelle Elberg and Eric Woods featuring Mar Tarres (Anterix), Jay Wey (Ubiik), Charlie Noble (Ubicquia), and John Kish (Verizon). The post GuideHouse Webinar: New Networking Strategies and Solutions for the Utility of the Future appeared first on Anterix.

Fierce Wireless Presents CBRS Week

Fierce Wireless presents a series of free on-demand webinars. Anterix's President and CEO is featured speaking on private wireless networks using CBRS for energy. The post Fierce Wireless Presents CBRS Week appeared first on Anterix.

EWA Wireless Leadership Summit

EWA is looking into the future of wireless through 6G, CBRS, 900MhZ, and cybersecurity. Chris Guttman-McCabe speaks on the panel "Future of Wireless: What's Next for Your Customers and Your Business". Ryan Gerbrandt is on the panel "900 MHz Broadband Opportunities". The post EWA Wireless Leadership…

Fortnightly Top Innovators 2020 – 112 Innovators at 18 Organizations

The post Fortnightly Top Innovators 2020 – 112 Innovators at 18 Organizations 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, Afghan Wireless 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.