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EasTower Wireless Inc V.ESTW.H

Technology Electronic Gaming & Multimedia
EasTower Wireless Inc. through its wholly owned subsidiary, EasTower Communications Inc., is a provider of wireless infrastructure network build-out and related service within America. The Company specializes in the construction, installation, upgrading, and maintenance of wireless infrastructure networks, including fifth-generation (5G), fourth-generation (4G) and small cell deployments. It provides four types of services, namely long-term evolution (LTE) upgrades (a 4G mobile communication standard); new site builds (NSB); 5G installations, and FirstNet build-outs. The Company's customer base includes telecom providers, original equipment manufacturers (OEMs), corporations and federal government agencies.


TSXV:ESTW.H - Post by User

EasTower Wireless Inc
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Post by SkywalkerofLukeon Apr 29, 2022 12:15pm
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Post# 34642659

News

News

$ESTW $ESTW.v announced today their 2021 financial results.


Highlights 


- Total rev. = $1.49M

- Cost of sales decreased to $852k

- Gross profit = $640k


Revenue in 2021 was affected by the delayed public listing procedure, but with additional capital now and a growing demand for tech and finance businesses to relocate or expand their operations in the southern Sunbelt States, $ESTW is looking set for a big year. Sitting at 9c rn, this is one of the cheapest 5G plays out there, IMO not one to miss.


https://www.newswire.ca/news-releases/eastower-reports-full-year-2021-financial-results-826826606.html

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