Edgewater Wireless Systems (YFI) AI Stock Analysis

• Market Cap: C$11.96M
• Dividend Yield: N/A
• Average Volume (3M): 127.39K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.49
• Revenue Growth: N/A
• EPS Growth: -716.67%
• Country: CA
• Employees: N/A
• Sector: General
• Sector Strength: N/A
• Industry: Communication Equipment
• EPS (TTM): >-0.01
• Shares Outstanding: 239,134,540
• 10 Day Avg. Volume: 178,797
• 30 Day Avg. Volume: 127,392
• PEG Ratio: >-0.01
• Price to Book (P/B): -29.03
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -16.95
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: C$0.04 ▲(7.50% Upside)

The score is driven primarily by very weak financial performance (near-zero revenue, widening losses, negative equity, and ongoing cash burn). Technical indicators also lean bearish (below major moving averages with negative MACD), while valuation is constrained by loss-making results and the absence of a dividend.

Positive Factors

Innovative Technology

Edgewater's WiFi3™ technology allows multiple concurrent channels on a single radio, enhancing wireless network capacity and performance. This innovation positions the company to meet growing demand for high-performance connectivity, offering a competitive edge in telecommunications and enterprise markets.

Strategic Partnerships

Edgewater's partnerships with OEMs and technology partners for integrating WiFi3™ technology into their products can drive revenue and expand market reach. Such collaborations are crucial for leveraging external expertise and distribution networks, fostering long-term growth and industry presence.

Leadership Changes

The appointment of a new CFO indicates a strategic effort to enhance financial management. Improved financial oversight can lead to better resource allocation and operational efficiency, supporting long-term financial stability and growth.

Negative Factors

Financial Instability

Edgewater's negative equity and high leverage indicate financial instability, with liabilities exceeding assets. This precarious position can limit the company's ability to invest in growth opportunities and may increase vulnerability to economic fluctuations, affecting long-term viability.

Cash Flow Challenges

Negative operating cash flow reflects ongoing cash burn, highlighting the need for effective cash management. Without improvements, the company may struggle to fund operations and strategic initiatives, potentially hindering growth and sustainability.

Revenue Decline

The absence of revenue in the trailing twelve months underscores operational challenges and market difficulties. Sustained revenue decline can erode competitive position and investor confidence, necessitating strategic shifts to revive growth and profitability.

Edgewater Wireless Systems Business Overview & Revenue Model

Company Description

Edgewater Wireless Systems Inc. develops and commercializes technologies and intellectual property for the wireless communications market in North America. The company provides Wi-Fi spectrum slicing solutions, dual channel Wi-Fi, broadcast Wi-Fi, and 5G handoff authentication products; access point routers and channel association solutions; and PowerZoning, a channel power control product for multi-channel single radio Wi-Fi networks. It offers spectral surveillance architecture. The company was formerly known as KIK Polymers Inc. and changed its name to Edgewater Wireless Systems Inc. in January 2012. Edgewater Wireless Systems Inc. was incorporated in 1980 and is headquartered in Kanata, Canada.

How the Company Makes Money

Edgewater Wireless Systems generates revenue primarily through the sale and licensing of its WiFi3™ technology and related products. Key revenue streams include hardware sales of its multi-channel access points and licensing agreements with original equipment manufacturers (OEMs) and technology partners who integrate WiFi3™ technology into their products. The company may also earn income from strategic partnerships and collaborations with telecommunications companies and service providers, who seek to enhance their wireless network offerings with Edgewater's solutions. Additionally, Edgewater Wireless may engage in joint ventures and receive funding from research grants that support the development and commercialization of its technologies.

Edgewater Wireless Systems Financial Statement Overview

Summary

Edgewater Wireless Systems faces significant financial challenges across income, balance sheet, and cash flow statements. The lack of revenue growth and persistent losses highlight operational struggles, while negative equity and high leverage pose substantial financial risks. Despite an increase in cash reserves from financing activities, sustainable operations and profitability remain areas of concern. Strategic restructuring and revenue generation efforts are essential for long-term viability.

Income Statement

Edgewater Wireless Systems shows a challenging financial picture in the TTM with zero total revenue, resulting in negative gross profit and significant net losses. The TTM gross profit margin and net profit margin are not calculated due to zero revenue. The company's revenue has been inconsistent, with fluctuations over the years. The EBIT and EBITDA margins remain negative, indicating ongoing operational challenges. This reflects a need for strategic shifts to generate positive revenue growth and improve profitability.

Balance Sheet

The balance sheet highlights a precarious financial position with negative stockholders' equity, indicating liabilities exceed assets. The debt-to-equity ratio is not applicable due to negative equity, suggesting high leverage risk. Despite a modest increase in cash and short-term investments in the TTM, the equity ratio remains negative, underscoring financial instability. Improvement in asset management and debt reduction is critical for financial health.

Cash Flow

Cash flow analysis reveals substantial financing activities in the TTM, boosting cash reserves. However, operating cash flow remains negative, indicating cash burn from operations. The free cash flow is also negative, reflecting ongoing capital constraints. There is no free cash flow growth, and the ratio of operating cash flow to net income is adverse, necessitating strategic initiatives to enhance cash generation from core operations.

Breakdown	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2020
Income Statement
Total Revenue	0.00	13.35K	11.37K	7.57K	1.53K
Gross Profit	-17.73K	12.08K	10.21K	7.02K	-96.04K
EBITDA	-1.93M	-66.44K	-1.05M	-771.44K	-2.01M
Net Income	-2.06M	-90.67K	-1.06M	-799.44K	-2.04M
Balance Sheet
Total Assets	1.37M	285.40K	406.74K	323.40K	224.92K
Cash, Cash Equivalents and Short-Term Investments	1.14M	110.47K	178.20K	91.89K	28.68K
Total Debt	493.78K	274.06K	200.01K	445.86K	122.47K
Total Liabilities	1.80M	1.94M	2.02M	2.42M	2.37M
Stockholders Equity	-435.05K	-1.65M	-1.61M	-2.09M	-2.14M
Cash Flow
Free Cash Flow	-745.09K	-365.12K	-1.42M	-680.49K	-1.10M
Operating Cash Flow	-744.59K	-364.57K	-1.42M	-679.98K	-1.10M
Investing Cash Flow	10.98K	-546.00	-3.48K	-685.00	0.00
Financing Cash Flow	1.78M	383.41K	100.00K	594.18K	1.07M

Edgewater Wireless Systems Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:YFI, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 74.86 is Negative, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:YFI.

Edgewater Wireless Systems Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
VCM	53 Neutral	C$243.15M	-12.34	-8.77%	2.14%	-11.70%	-199.55%
CMI	50 Neutral	C$37.19M	-37.93	-4.10%	1.52%	-46.11%	-149.26%
NVI	44 Neutral	C$2.13M	3.97	―	―	0.73%	―
YFI	41 Neutral	C$11.96M	-5.26	―	―	―	-716.67%
BYL	39 Underperform	C$41.21M	-12.11	―	―	―	―

Edgewater Wireless Systems Corporate Events

Edgewater Wireless Targets Wi‑Fi8 Opportunity with CES 2026 Push

Edgewater Wireless Systems will attend CES 2026 in Las Vegas to hold private meetings with broadband operators, OEMs, ecosystem partners and investors, using the event to showcase its Wi-Fi8-ready PrismIQ platform and Spectrum Slicing technology. By positioning PrismIQ as a silicon-first, AI-optimized solution for high-density Wi-Fi and next-generation applications, the company aims to capitalize on the industry’s shift beyond Wi-Fi 6 and 7, strengthen commercial partnerships, and reinforce its role in shaping standards-leading connectivity for future global networks.

Edgewater Wireless Hires Winning Media for Two-Month Digital IR Campaign

Edgewater Wireless Systems has received exchange approval to engage Houston-based Winning Media LLC for a two-month digital advertising and investor relations campaign valued at US$50,000, covering omnichannel programmatic advertising, SMS and email marketing, ticker tagging and digital podcasts. The arrangement, with an arm’s length partner that holds no stake in the company, indicates Edgewater’s push to raise market visibility and investor awareness as it promotes its Wi‑Fi Spectrum Slicing technology and seeks to strengthen its positioning in the competitive wireless connectivity and networking sector.

Edgewater Wireless Advances PrismIQ Silicon Roadmap as Q2 Loss Narrows Focus on Product Development

Edgewater Wireless reported a fiscal 2026 second-quarter net loss of $263,687 on operating expenses of $347,908, with cash of $211,178, as it continues to prioritize product development and leverage non-dilutive support from Canada’s FABrIC program. During the quarter the company advanced its PrismIQ Wi-Fi Spectrum Slicing silicon roadmap—completing RF front-end packaging for new products and initiating prototyping of an Arm-powered AI subsystem—while gaining industry visibility through invitations to speak at high-profile semiconductor forums, enhancing its profile as Wi-Fi evolves toward multi-link, multi-channel architectures. Edgewater also strengthened its capital structure by extending the maturity of its unsecured convertible debentures to 2027 with a new acceleration feature, secured shareholder approval for its 2025 equity incentive plan, and launched a digital marketing campaign, steps that collectively aim to support its growth initiatives and positioning in next-generation Wi-Fi markets.

Edgewater Wireless Announces AGM Outcomes and New Board Chair Appointment

Edgewater Wireless Systems Inc. announced the successful passing of all resolutions at its Annual General Meeting, including the election of four directors and the appointment of Zeifmans LLP as the auditor. Brian Imrie was appointed as the new Board Chair. These developments are expected to strengthen the company’s governance and support its strategic initiatives in the Wi-Fi technology sector.

Edgewater Wireless Completes Debenture Interest Payments via Share Issuance

Edgewater Wireless Systems Inc. announced the completion of its eleventh and twelfth debenture interest payments through the issuance of common shares, settling obligations of over $36,000. This transaction, approved by the TSX Venture Exchange, involved a related party transaction with certain directors receiving shares, but exemptions were applied due to the transaction’s size relative to the company’s market capitalization.

Edgewater Wireless Engages Winning Media for Digital Marketing

Edgewater Wireless Systems Inc. has engaged Winning Media LLC to provide digital marketing services, including programmatic advertising and digital podcasts, for a two-month term. This strategic move is expected to enhance Edgewater’s market presence and drive economic gains through improved connectivity solutions, pending approval from the TSX Venture Exchange.

Edgewater Wireless Proposes Extension of Warrant Expiry Dates

Edgewater Wireless Systems Inc. announced its intention to apply for an extension of the expiry dates for its outstanding share purchase warrants, which allow holders to acquire 8,330,000 common shares. The proposed extension would add 12 months to the original expiry dates, moving the 2023 Warrants to December 20, 2026, and the 2024 Warrants to February 26, 2027. This extension is subject to approval from the TSX Venture Exchange and aims to provide more time for warrant holders to exercise their options, potentially impacting the company’s financial strategy and stakeholder interests.

Edgewater Wireless to Showcase AI-Powered Wi-Fi at Canadian Semiconductor Symposium

Edgewater Wireless Systems Inc. announced its participation in the upcoming Accelerated: Canada’s Semiconductor Symposium 2025, where CEO Andrew Skafel will discuss the company’s advancements in next-generation Wi-Fi silicon and AI-enabled connectivity. Edgewater, recognized for its innovative Wi-Fi Spectrum Slicing™ technology, aims to showcase its contributions to ultra-high-reliability wireless solutions for dense environments, aligning with Canada’s leadership in semiconductor design. The company has been selected for a significant funding initiative to accelerate its multi-link Wi-Fi silicon platform, highlighting its strategic role in advancing Canadian semiconductor capabilities.

Edgewater Wireless Completes Debenture Interest Payments Through Share Issuance

Edgewater Wireless Systems Inc. has completed its ninth and tenth debenture interest payments by issuing common shares to settle its obligations. This strategic move, approved by the TSX Venture Exchange, involves a related party transaction but does not exceed 25% of the company’s market capitalization, thus exempting it from certain regulatory requirements. This action reflects Edgewater’s ongoing efforts to manage its financial obligations while maintaining compliance with market regulations.