OverviewSuggest Edit

Straight Path Communications is a communications asset company. The Company specializes in maximizing the value of assets such as millimeter bandwidth licenses for 5G networks (Spectrum) and Intellectual Property. Straight Path Communications helps mobile network operators and Internet service providers to increase network capacity for high quality, high-speed data transmission. The Company provides licenses for efficient communications over the Internet to VoIP providers and products and services that allow for the transmission of data over the Internet. 

TypePublic
Founded2013
HQGlen Allen, US
Websitespathinc.com

Locations

Straight Path Communications is headquartered in
Glen Allen, United States

Location Map

Latest Updates

Employees (est.) (Oct 2017)9
Revenue (FY, 2017)$658 K(-69%)

Straight Path Communications Office Locations

Straight Path Communications has an office in Glen Allen
Glen Allen, US (HQ)
5300 Hickory Park Dr #218
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Straight Path Communications Financials and Metrics

Straight Path Communications Revenue

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Straight Path Communications's revenue was reported to be $658 k in FY, 2017
USD

Revenue (Q1, 2018)

165.0k

Gross profit (Q1, 2018)

148.0k

Gross profit margin (Q1, 2018), %

89.7%

EBIT (Q1, 2018)

(13.2m)

Market capitalization (26-Feb-2018)

2.3b

Cash (31-Oct-2017)

7.6m
Straight Path Communications's current market capitalization is $2.3 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

4.8m13.2m2.2m658.0k

Revenue growth, %

176%(84%)

Cost of goods sold

2.5m6.0m933.0k115.0k

Gross profit

2.3m7.2m1.2m543.0k
Quarterly
USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

453.0k4.8m2.8m2.9m1.7m112.0k219.0k159.0k165.0k167.0k165.0k

Cost of goods sold

283.0k2.1m782.0k13.0k88.0k41.0k26.0k32.0k17.0k

Gross profit

170.0k2.7m921.0k99.0k131.0k118.0k139.0k135.0k148.0k

Gross profit Margin, %

38%56%54%88%60%74%84%81%90%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

21.2m18.6m11.4m8.5m

Accounts Receivable

400.0

Inventories

1.6m

Current Assets

28.8m19.8m13.0m10.3m
Quarterly
USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

14.3m21.7m21.1m19.0m16.3m15.4m13.2m9.6m7.8m14.6m7.6m

Inventories

643.0k1.7m1.6m

Current Assets

19.2m28.2m26.3m23.8m16.7m15.7m13.5m11.2m9.4m16.5m9.6m

PP&E

56.0k1.3m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

2.1m(2.1m)(8.6m)(45.7m)

Inventories

(945.0k)

Accounts Payable

(1.0k)238.0k446.0k2.5m

Cash From Operating Activities

6.2m(1.9m)(7.3m)(21.0m)
Quarterly
USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(1.3m)889.0k636.0k1.6m(687.0k)(2.9m)(4.8m)(4.3m)(30.0m)(36.2m)(15.6m)

Depreciation and Amortization

38.0k

Inventories

(1.0m)

Accounts Payable

276.0k195.0k227.0k(94.0k)(114.0k)(68.0k)383.0k324.0k4.6m285.0k
USDY, 2017

Revenue/Employee

18.3k
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Straight Path Communications Operating Metrics

FY, 2014FY, 2015FY, 2016

Licenses (39 GHz)

828 828 828

Licenses (LMDS Band)

133 133 133
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Straight Path Communications Revenue Breakdown

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Straight Path Communications revenue breakdown by business segment: 21.4% from Straight Path Spectrum and 78.6% from Straight Path IP Group

Straight Path Communications Frequently Asked Questions

  • When was Straight Path Communications founded?

    Straight Path Communications was founded in 2013.

  • How many employees does Straight Path Communications have?

    Straight Path Communications has 9 employees.

  • What is Straight Path Communications revenue?

    Latest Straight Path Communications annual revenue is $658 k.

  • What is Straight Path Communications revenue per employee?

    Latest Straight Path Communications revenue per employee is $73.1 k.

  • Who are Straight Path Communications competitors?

    Competitors of Straight Path Communications include Capital City Service, GCI and 16WiFi.

  • Where is Straight Path Communications headquarters?

    Straight Path Communications headquarters is located at 5300 Hickory Park Dr #218, Glen Allen.

  • Where are Straight Path Communications offices?

    Straight Path Communications has an office in Glen Allen.

  • How many offices does Straight Path Communications have?

    Straight Path Communications has 1 office.