Towerstream provides fixed wireless broadband services over a wireless network transmitting over regulated and unregulated radio spectrum to commercial customers in the United States. The Company's wireless broadband service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data, and video services. It offers its services through direct sales force and serves business customers in numerous countries.
Type
Public
HQ
Middletown, US
Founded
1999
Size (employees)
98 (est)
Towerstream was founded in 1999 and is headquartered in Middletown, US
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Towerstream Office Locations

Towerstream has an office in Middletown
Middletown, US (HQ)
88 Silva Lane, Tech IV Building
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Towerstream Financials and Metrics

Towerstream Financials

Towerstream's revenue was reported to be $26.90 m in FY, 2016 which is a 3.6% decrease from the previous period.
USD

Revenue (Q1, 2018)

6.4 m

Net income (Q1, 2018)

(2.8 m)

EBIT (Q1, 2018)

(1.4 m)

Market capitalization (31-Oct-2017)

1.8 m

Closing share price (31-Oct-2017)

4.8

Cash (31-Mar-2018)

5.3 m
Towerstream's current market capitalization is $1.8 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

33.4 m33 m27.9 m26.9 m

Revenue growth, %

(1%)(16%)(4%)

Cost of goods sold

22.9 m24.5 m10.6 m

Gross profit

10.5 m8.5 m17.3 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

8.4 m8.3 m8.3 m8 m7.9 m7.8 m6.7 m6.9 m6.6 m6.5 m6.6 m6.4 m

Cost of goods sold

5.9 m6.1 m6.2 m6.4 m6.3 m6.2 m

Gross profit

2.5 m2.2 m2.1 m1.6 m1.5 m1.6 m

Gross profit Margin, %

30%26%25%20%20%21%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

28.2 m38 m15.1 m12.3 m

Accounts Receivable

611.5 k1.3 m308.6 k

Inventories

925.6 k926.7 k474 k

Current Assets

29.7 m40.3 m22.5 m13.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

32.8 m21.2 m17.3 m11.9 m32.3 m26.1 m20.3 m9.6 m10 m11.1 m9 m8.3 m5.3 m

Accounts Receivable

868.8 k1.1 m796.5 k1 m1.1 m1 m959.1 k366.4 k410.6 k784.3 k721.6 k

Inventories

592.6 k

Current Assets

34.7 m23.8 m19.5 m14.4 m34.8 m28.4 m22.4 m11.6 m11.4 m12.3 m10.2 m9.6 m6.5 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(24.8 m)(27.6 m)(40.5 m)(20.4 m)

Depreciation and Amortization

15.4 m13.6 m9.6 m10.9 m

Inventories

17.8 k(1.1 k)(159.9 k)

Accounts Payable

Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q1, 2018

Net Income

(6.5 m)(6.4 m)(6.3 m)(8.9 m)(8.9 m)(8.5 m)(7 m)(4.7 m)(3.8 m)(2.8 m)

Depreciation and Amortization

3.7 m3.3 m3.3 m3.4 m3.4 m3.4 m2.5 m3 m2.4 m

Accounts Payable

756.2 k1.5 m603.9 k942.5 k984 k1 m508 k334.5 k174.8 k(897.8 k)

Cash From Operating Activities

(1.2 m)
USDY, 2018

Financial Leverage

-1.4 x
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