Is ESTW undervalued in light of recent financials? EasTower Wireless (ESTW.v), which specializes in the construction, installation, and maintenance of 5G and 4G wireless telecommunication networks in the US recently reported very promising financial results.
ESTW's Q2 2022 Highlights include:
Revenue up 55% YoY to $363K
Cost of Sales down 21% YoY
Gross Profit up $172K YoY to $199K
https://ca.finance.yahoo.com/news/eastower-wireless-reports-q2-2022-113000033.html
Despite all of this growth over Q2 and the expected growth going forward as the US continues to adopt 5G, ESTW is still trading at only $0.035/share.
MC is $2.468M