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Edgewater Wireless Systems Inc V.YFI

Alternate Symbol(s):  KPIFF

Edgewater Wireless Systems Inc. is engaged in Spectrum Slicing technology for residential and commercial markets. The Company develops advanced wireless fidelity (Wi-Fi) silicon solutions, access points, and intellectual property (IP) licensing designed to meet the service needs of service providers and their customers. Its physical layer Spectrum Slicing allows a frequency band to be divided, or sliced, to enable more radios to operate in a given area. Its silicon solutions are products delivering multiple, concurrent channels of Tx and Rx from a single, Wi-Fi standard compliant radio. Its Spectrum Slicing powered products are designed to address the needs of carrier-class, high-density Wi-Fi for both residential and commercial deployments. Its products are designed with its comprehensive, user- friendly and intuitive Element Management System-EdgeNet, that offers service providers with flexibility in configuring and independently monitoring each 802.11 channel in the network.


TSXV:YFI - Post by User

Post by birdie22on Aug 11, 2016 6:18am
319 Views
Post# 25129673

Financials

FinancialsYear end Financials , MD and A came out yesterday and are on Sedar. Looks like Q4 sales where $100.00 page 9 MD & A .


Summary of Quarterly Results
(Amounts are presented in thousands of Canadian dollars except loss per share figures)
Quarter ended April 30/16 Jan 31/16 Oct 30/15 July 31/15 April 30/15 Jan 31/15 Oct 31/14 July 31/14
Revenues 0.1 $1.7 $73.1 $58.8 $65.1 $1.3 $13.7 $10.1
Revenue percentage
increase (decrease)
relative to preceding
quarter
(94.1%) (97.7%) 24.3% (9.7%) 4907.7% (91.5%) 35.6% 106.1%
Gross margin (4.3) 1.3 $50.1 $30.8 $29.6 $1.2 $1.2 $6.6
- as a percentage (4,400%) 76.5% 69.8% 52.4% 45.5% 92.3% 8.8% 65.3%
Net Loss $(633.0) $(581.2) $(597.4) $(513.2) $(703.0) $(359.3) $(502.1) $(381.1)
Loss per share
-basic and
 diluted $(0.00) $(0.00) $(0.00) $(0.00) $(0.00) $(0.00) $(0.00) $(0.00)


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