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Bullboard - Stock Discussion Forum EasTower Wireless Inc V.ESTW.H

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... see more

TSXV:ESTW.H - Post Discussion

EasTower Wireless Inc > Is ESTW undervalued in light of recent financials?
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Post by StockHawk1 on Sep 21, 2022 5:19pm

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

 
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