Breakdown | ||||
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
13.35K | 7.57K | 11.37K | 0.00 | 1.53K | Gross Profit |
12.08K | 7.02K | 10.21K | -9.90K | -96.04K | EBIT |
-680.08K | -759.29K | -1.04M | -824.49K | -1.99M | EBITDA |
-66.44K | -771.44K | -1.05M | -814.91K | -2.01M | Net Income Common Stockholders |
-90.67K | -799.44K | -1.06M | -773.45K | -2.04M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
110.47K | 91.89K | 178.20K | 1.50M | 28.68K | Total Assets |
285.40K | 323.40K | 406.74K | 1.57M | 224.92K | Total Debt |
274.06K | 445.86K | 200.01K | 45.70K | 122.47K | Net Debt |
174.67K | 364.77K | 32.42K | -1.44M | 93.78K | Total Liabilities |
1.94M | 2.42M | 2.02M | 2.34M | 2.37M | Stockholders Equity |
-1.65M | -2.09M | -1.61M | -774.46K | -2.14M |
Cash Flow | Free Cash Flow | |||
-365.12K | -680.49K | -1.42M | -515.32K | -1.10M | Operating Cash Flow |
-364.57K | -679.98K | -1.42M | -515.32K | -1.10M | Investing Cash Flow |
-546.00 | -685.00 | -3.48K | -10.58K | 0.00 | Financing Cash Flow |
383.41K | 594.18K | 100.00K | 1.99M | 1.07M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
71 Outperform | C$106.86B | 106.71 | 30.90% | 0.11% | 21.56% | 31.90% | |
60 Neutral | $10.94B | 10.48 | -7.04% | 2.99% | 7.55% | -12.20% | |
47 Neutral | $169.05M | ― | -8.01% | ― | 5.05% | 70.18% | |
43 Neutral | $3.74M | ― | ― | -24.37% | -114.29% | ||
34 Underperform | C$14.27M | ― | 7.60% | ― | -100.00% | ― |
Edgewater Wireless Systems Inc. announced the settlement of interest payments on its unsecured debentures through the issuance of common shares, subject to TSX Venture Exchange approval. This transaction, involving related parties, is exempt from certain regulatory requirements due to its size relative to the company’s market capitalization.
Spark’s Take on TSE:YFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:YFI is a Neutral.
Edgewater Wireless Systems’ overall stock score reflects significant financial difficulties, with operational struggles and high financial risks being the primary concerns. While technical analysis and corporate events provide some positive outlook with potential strategic partnerships and leadership changes, the lack of profitability and revenue growth remains a critical issue. The stock’s valuation also highlights the need for substantial financial improvements.
To see Spark’s full report on TSE:YFI stock, click here.
Edgewater Wireless Systems has engaged Independent Trading Group (ITG) to provide market-making services to improve the liquidity of its common shares, subject to regulatory approval. This move aims to maintain a reasonable market for the company’s shares, potentially enhancing its market presence and operational efficiency by increasing share liquidity.
Spark’s Take on TSE:YFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:YFI is a Neutral.
Edgewater Wireless Systems’ overall stock score is 48, reflecting significant financial challenges such as negative equity and lack of revenue growth. While technical analysis shows some positive trends, these are overshadowed by valuation concerns and operational struggles. Recent corporate events provide a glimmer of hope for strategic improvement, but substantial financial restructuring is critical for long-term viability.
To see Spark’s full report on TSE:YFI stock, click here.
Edgewater Wireless Systems announced that its CEO, Andrew Skafel, will speak at the CableLabs Winter Conference 2025 about the future of managed Wi-Fi and the company’s recent collaboration with Arm’s Flexible Access program. This partnership aims to enhance Wi-Fi performance by integrating Arm’s AI-optimized compute platform with Edgewater’s patented Wi-Fi Spectrum Slicing technology. The collaboration is expected to drive intelligent connectivity, improve real-time traffic management, and offer economic value to service providers. Additionally, Edgewater will introduce a new line of low-bandwidth, high-reliability Access Points for industrial IoT applications.
Edgewater Wireless Systems Inc. has provided additional commentary on a valuation report by Avon River Ventures LLC, emphasizing the importance of transparency and accuracy in its communications. The company has not received the final report and advises stakeholders to rely on verified information regarding its patent portfolio. This announcement serves as a corrective disclosure requested by the Ontario Securities Commission, highlighting Edgewater’s commitment to maintaining information integrity.
Edgewater Wireless has announced the appointment of Mr. Jimmy Jeon as the new Chief Financial Officer, succeeding Chris Olney who is retiring. Mr. Jeon, a seasoned financial analyst with over seven years of experience, has already been involved with the company since May 2024 in preparation for their fiscal 2024 financial statements. His appointment is expected to strengthen Edgewater’s financial operations, further enhancing the company’s strategic position in the Wi-Fi technology industry.
Edgewater Wireless has settled its interest payment obligations for unsecured debentures by issuing common shares, a move approved by the TSX Venture Exchange. This issuance includes a related party transaction under MI 61-101, highlighting the company’s strategic financial management and potential impact on its market capitalization.