$568.9 M

PDVW Mkt cap, 12-Dec-2018

$1.8 M

pdvWireless Revenue Q2, 2019
pdvWireless Net income (Q2, 2019)-11.8 M
pdvWireless EBIT (Q2, 2019)-12.1 M
pdvWireless Cash, 30-Sep-201885.6 M

pdvWireless Revenue Breakdown

Embed Graph

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

pdvWireless Income Statement

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.2m3.5m4.8m6.4m

Revenue growth, %

12%35%

R&D expense

1.3m2.3m2.4m

General and administrative expense

16.7m22.6m20.9m

Operating expense total

22.0m30.5m30.2m

EBIT

(21.9m)(32.8m)(31.7m)

EBIT margin, %

(619%)(685%)(499%)

Interest expense

3.0k5.0k3.0k

Interest income

103.6k128.0k741.0k

Pre tax profit

(32.7m)(31.1m)

Income tax expense

6.5m(6.5m)

Net Income

(21.8m)(39.2m)(24.6m)

Quarterly

USDQ3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

835.6k840.9k811.5k940.4k1.0m1.1m1.3m1.5m1.5m1.6m1.9m1.8m

R&D expense

242.8k304.9k336.2k341.1k572.9k621.9k539.2k552.0k628.0k592.0k637.0k573.0k

General and administrative expense

3.3m3.7m4.6m3.8m7.7m5.5m4.8m4.9m5.0m5.5m5.6m6.6m

Operating expense total

3.6m4.8m5.8m5.3m8.3m7.3m6.8m7.1m7.3m7.7m12.3m12.2m

EBIT

(3.5m)(4.4m)(5.5m)(5.3m)(10.1m)(7.9m)(7.3m)(7.4m)(7.7m)(8.1m)(12.6m)(12.1m)

EBIT margin, %

(423%)(520%)(676%)(560%)(963%)(688%)(547%)(502%)(511%)(505%)(674%)(666%)

Interest expense

932.01.4k1.4k1.4k1.0k1.0k1.0k

Interest income

4.9k22.2k29.3k26.2k22.5k25.5k25.1k112.0k184.0k197.0k316.0k370.0k

Pre tax profit

(7.3m)(7.5m)(7.9m)(12.3m)(11.8m)

Income tax expense

650.0k656.0k(7.8m)

Net Income

(9.1m)(4.4m)(5.5m)(5.2m)(10.1m)(7.8m)(7.3m)(7.9m)(8.2m)(99.0k)(12.3m)(11.8m)

pdvWireless Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

153.5m124.1m98.3m

Inventories

93.2k128.0k173.0k

Current Assets

155.0m125.7m100.3m

PP&E

15.1m12.8m

Total Assets

274.0m245.5m220.3m

Accounts Payable

3.8m3.4m4.3m

Short-term debt

494.5k497.0k

Current Liabilities

5.1m4.7m5.2m

Total Debt

494.5k497.0k

Total Liabilities

11.9m17.6m11.8m

Additional Paid-in Capital

325.7m330.6m335.8m

Retained Earnings

(63.5m)(102.7m)(127.2m)

Total Equity

262.2m227.9m208.5m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

1 x1.1 x1.1 x

pdvWireless Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

(21.8m)(39.2m)(24.6m)

Depreciation and Amortization

556.3k2.2m2.8m

Accounts Receivable

(133.1k)(166.0k)(320.0k)

Inventories

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

Accounts Payable

(2.6m)(382.0k)923.0k

Cash From Operating Activities

(19.8m)(26.6m)(22.0m)

Cash From Investing Activities

(11.2m)(2.4m)(2.9m)

Short-term Borrowings

(495.0k)

Quarterly

USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

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)

Depreciation and Amortization

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

Accounts Receivable

(55.5k)(8.5k)(4.3k)(103.8k)(62.3k)(138.0k)(384.3k)(280.0k)(93.0k)(153.0k)(60.0k)(204.0k)

Inventories

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

Accounts Payable

2.4m(4.1m)(2.6m)(3.0m)(1.1m)(825.8k)51.0k(914.0k)(722.0k)550.0k(150.0k)1.1m

Cash From Operating Activities

(14.7m)(7.1m)(12.2m)

Cash From Investing Activities

(92.0m)(1.4m)(5.4m)(9.3m)(678.5k)(1.2m)(2.2m)(2.3m)(2.4m)(2.7m)(155.0k)(1.1m)

Short-term Borrowings

(1.1m)

Cash From Financing Activities

(254.0k)(108.0k)686.0k

Income Taxes Paid

800.08.0k5.0k

pdvWireless Ratios

USDY, 2018

Financial Leverage

1.1 x
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pdvWireless Operating Metrics

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

Channels, 900 MHz Wireless Spectrum Band

240 240 240

Dealers

750 750

Dealers' Locations

1.50 k1.50 k

Markets

20 20 20

Patents Issued

9 11 11

Subscribers

23 m23 m23 m
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pdvWireless Employee Rating

3.813 votes
Culture & Values
4.0
Work/Life Balance
3.9
Senior Management
3.4
Salary & Benefits
3.3
Career Opportunities
3.2
Source