View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsRedline Communications Group 배당 및 자사주 매입배당 기준 점검 0/6핵심 정보n/a배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공지 • Jul 08Redline Communications Ordinary Shares to Be Deleted from Other OTCRedline Communications Group Inc. Ordinary Shares (Canada) will be deleted from Other OTC effective July 07, 2022. The deletion is due to Acquisition /Merger /Amalgamation.공지 • Jul 07Aviat U.S., Inc. completed the acquisition of Redline Communications Group Inc. (TSX:RDL) from a group of shareholders.Aviat U.S., Inc. entered into a non-binding letter of interest to acquire Redline Communications Group Inc. (TSX:RDL) from a group of shareholders for CAD 15.5 million on January 18, 2022. Aviat U.S., Inc. entered into an arrangement agreement to acquire Redline Communications Group Inc. from a group of shareholders on April 13, 2022. Under the agreement, Aviat will acquire all outstanding shares of Redline for CAD 0.90 per common share, in an all-cash transaction valued at approximately CAD 16.2 million, debt free basis. Aviat expects to fully fund the acquisition from cash on hand from the balance sheet. The Arrangement Agreement also provides for the payment of a termination fee of CAD 0.65 million to Aviat in the event the Transaction is terminated in certain specified circumstances, including if Aviat does not exercise its right to match in the context of a superior proposal supported by Redline. The Transaction has been unanimously approved by Aviat’s Board of Directors. The full Board of the Directors of Redline unanimously approved the Transaction. The transaction is subject to customary closing conditions and necessary regulatory approvals. The Transaction will be carried out by way of a Court-approved plan of arrangement under the Canada Business Corporations Act. The implementation of the Arrangement will be subject to the approval of at least 66 2/3% of the votes cast by Redline shareholders. Redline’s Board of Directors established a Special Committee of independent directors (D. Neil McDonnell and Josef Vejvoda) to oversee the Transaction discussions and the Arrangement. Redline Communications Group shareholders meeting will be held on June 21, 2022. All directors and executive officers of Redline and certain other shareholders of Redline, holding approximately 29.7% of the issued and outstanding Redline Shares as of the date hereof, have entered into voting and support agreements in favour of Aviat. As of June 21, 2022, the transaction was approved by Redline shareholders. As of June 29, 2022, Redline Communications obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the transaction. The transaction is expected to close within four months. As of June 29, 2022, the transaction is expected to close in the first half of July 2022. It is expected this deal to be immediately accretive to Aviat’s gross margin %, Adjusted EBITDA, non-GAAP EPS, and Free Cash Flow all in the first year. Evans & Evans, Inc., financial advisor to Redline, has provided a fairness opinion to the Board of Directors of Redline. Cat Youdan of Blake, Cassels & Graydon LLP acted as legal advisor to Aviat Networks, Inc. Richard Yoon, Iaint Mant of Fasken Martineau DuMoulin LLP acted as legal advisor to Redline. Computershare Investor Services acted as transfer agent to Redline. Aviat U.S., Inc. completed the acquisition of Redline Communications Group Inc. (TSX:RDL) from a group of shareholders on July 5, 2022. The Redline common shares are expected to be delisted from the Toronto Stock Exchange on or about July 7, 2022 and Redline has made an application to cease to be a reporting issuer under applicable Canadian securities law.공지 • Jun 30Redline Communications Group's Common Shares to Be Delisted from the Toronto Stock ExchangeRedline Communications Group Inc. (TSX:RDL) ("Redline" or the "Company") announced that the Company has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement (the "Arrangement") with Aviat Networks Inc. ("Aviat") pursuant to which Aviat, through a wholly-owned subsidiary, would acquire all of the outstanding common shares of Redline (the "Common Shares") for CAD 0.90 per Common Share. Redline expects to complete the Arrangement in the first half of July 2022, subject to satisfaction or waiver of the remaining closing conditions of the Arrangement. Following completion of the Arrangement, it is anticipated that the Common Shares will be delisted from the Toronto Stock Exchange and the Company will cease to be a reporting issuer under applicable Canadian securities law.Reported Earnings • May 13First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: US$0.15 loss per share (down from US$0.068 loss in 1Q 2021). Revenue: US$4.30m (up 15% from 1Q 2021). Net loss: US$2.67m (loss widened 127% from 1Q 2021). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board David McDonnell is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공지 • Apr 22Redline Communications Group Inc., Annual General Meeting, Jun 21, 2022Redline Communications Group Inc., Annual General Meeting, Jun 21, 2022.공지 • Apr 21Redline Communications Group Inc. Announces Executive ChangesRedline Communications Group Inc. announced that Philip Jones, Chief Financial Officer, has resigned effective May 13, 2022, to pursue other endeavours. The Company has appointed Mr. Norman S. Wong as Interim Chief Financial Officer, effective May 16, 2022. Mr. Wong, B.Sc., CPA, CA, has more than 30 years of experience in leadership positions, including Xillix Technologies Inc., MDSI Mobile Data Solutions Inc., ResponseTek Networks Corp. SendToNews, Basic Gov Corp. and One45 Software.공지 • Apr 14Aviat Networks, Inc. (NasdaqGS:AVNW) entered into an arrangement agreement to acquire Redline Communications Group Inc. (TSX:RDL) for CAD 15.5 million.Aviat Networks, Inc. (NasdaqGS:AVNW) entered into an arrangement agreement to acquire Redline Communications Group Inc. (TSX:RDL) for CAD 15.5 million on April 13, 2022. Under the agreement, Aviat will acquire all outstanding shares of Redline for CAD 0.90 per common share, in an all-cash transaction valued at approximately CAD 16.2 million, debt free basis. Aviat expects to fully fund the acquisition from cash on hand from the balance sheet. The Arrangement Agreement also provides for the payment of a termination fee of CAD 0.65 million to Aviat in the event the Transaction is terminated in certain specified circumstances, including if Aviat does not exercise its right to match in the context of a superior proposal supported by Redline. The Transaction has been unanimously approved by Aviat’s Board of Directors. The full Board of the Directors of Redline unanimously approved the Transaction. The transaction is subject to customary closing conditions and necessary regulatory approvals. The Transaction will be carried out by way of a Court-approved plan of arrangement under the Canada Business Corporations Act. The implementation of the Arrangement will be subject to the approval of at least 66 2/3% of the votes cast by Redline shareholders. Redline’s Board of Directors established a Special Committee of independent directors (D. Neil McDonnell and Josef Vejvoda) to oversee the Transaction discussions and the Arrangement. The transaction is expected to close within four months. It is expected this deal to be immediately accretive to Aviat’s gross margin %, Adjusted EBITDA, non-GAAP EPS, and Free Cash Flow all in the first year. Evans & Evans, Inc., financial advisor to Redline, has provided a fairness opinion to the Board of Directors of Redline.Reported Earnings • Mar 31Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: US$0.25 loss per share (down from US$0.23 loss in FY 2020). Revenue: US$19.5m (up 5.6% from FY 2020). Net loss: US$4.34m (loss widened 11% from FY 2020). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 83%. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 13Third quarter 2021 earnings released: US$0.01 loss per share (vs US$0.02 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2021 results: Revenue: US$5.19m (flat on 3Q 2020). Net loss: US$96.7k (loss narrowed 72% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board David McDonnell is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Oct 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board David McDonnell is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Aug 13Second quarter 2021 earnings released: US$0.041 loss per share (vs US$0.05 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$4.75m (up 15% from 2Q 2020). Net loss: US$704.3k (loss narrowed 18% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings.공지 • Aug 12Redline Communications Announces Initial Release of Next-Generation High-Capacity Virtual Fiber Product LineRedline Communications Group Inc. announced the release of the RDL-3203 Ellipse, as part of the latest addition to Redline's Virtual Fiber™ product line, the RDL-3200 family. The innovative RDL-3203 is built on top of the Redline tri-band architecture, which offers an outstanding 1.3 Gbps throughput capacity and ultimate flexibility for real-time applications, configurations, and network planning for remote industrial deployments. The RDL-3203 delivers cost-efficient, powerful processing capabilities that reliably transport a wide range of point-to-point (PTP) and point-to-multipoint (PMP) industrial-grade communications in congested RF environments and challenging weather conditions. The tentative early availability of the RDL-3203 is expected as early as Fourth Quarter 2021. The RDL-3200 line provides outstanding spectral efficiency in its class for speed and capacity. With Redline's commitment to continuously enhance the software, the SDR architecture allows for evolution over time via remote upgrades to continuously protect the customer's investment. It also provides the longest deployment range of its competitors for excellent coverage. The rugged design and high-speed over-the-air data rates significantly improve operational efficiency and makes it ideal for industrial organizations requiring time-sensitive data and reliable transport for backhaul, HD video, voice, SCADA, and M2M. RedCare advanced protection is included with all deployments to provide guaranteed long-term, uninterrupted service anywhere in the world. As part of Redline's extensive RedCare program company Technical Assistance Center (TAC) ensures 24/7 technical support for any emergencies or inquiries.Reported Earnings • May 13First quarter 2021 earnings released: US$0.068 loss per share (vs US$0.061 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$3.73m (down 17% from 1Q 2020). Net loss: US$1.18m (loss widened 13% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 27Full year 2020 earnings released: US$0.23 loss per share (vs US$0.22 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$18.5m (down 22% from FY 2019). Net loss: US$3.90m (loss widened 4.1% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.공지 • Mar 17Redline Communications Group Inc. to Report Q4, 2020 Results on Mar 24, 2021Redline Communications Group Inc. announced that they will report Q4, 2020 results Pre-Market on Mar 24, 2021Is New 90 Day High Low • Mar 05New 90-day high: CA$0.70The company is up 37% from its price of CA$0.51 on 04 December 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 13% over the same period.공지 • Mar 03Redline Communications Aligns with Fibairo to Tackle Broadband Challenges in the United KingdomRedline Communications Group Inc. announced its partnership with Fibairo to plug the connectivity gap in underserved, rural communities in England, Scotland and Wales. TV White Spaces, are frequencies no longer used by TV channels, allowing the delivery of affordable internet access where incumbent service providers cannot, or will not, go. Unlike traditional Wi-Fi, Fibairo solutions do not require line-of-sight, can cope with uneven terrain, and have a range of up to 10 kilometres. The Fibairo team have spent the last five years rigorously testing the service in some of the most challenging areas in the U.K. and are now deploying the solution commercially at scale following a recent funding round. Fibairo will connect more than 20,000 properties including residential, business and enterprise customers. The company is focused on communities in remote locations and housing associations needing to connect low-income households to the internet nationally over the next two years. Fibairo is also delivering other applications in the smart energy and transport sectors. After extensive testing with multiple vendors of TV whitespace hardware, Redline was found to be the only one to consistently deliver the service levels and throughput needed to scale a commercial service. In the U.K., Redline and Fibairo have been collaborating on optimizing TVWS performance, developing and sourcing antennae, ultimately moving consumers from an eight or 10 Mbps experience to a consistent 50 to 80 Mbps performance. Fibairo can now scale and grow the TVWS solution with Redline, and in alignment with U.K. partners, Fibairo has now secured funding to roll out the networks. Initial networks will be in Scotland, in some of the hardest reach areas and communities. But expansion is planned to the rest of the U.K., and internationally over the next 24 months.Is New 90 Day High Low • Jan 13New 90-day high: CA$0.59The company is up 28% from its price of CA$0.46 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 18% over the same period.공지 • Jan 01Redline Announces Change to Board of DirectorsRedline Communications Group Inc. announced that Mr. David Roberts has resigned from the Board of Directors of Redline, effective 31 December 2020. Mr. Neil MacDonnell, Chair of the Board of Directors of Redline, will replace Mr. Roberts as the Chair of the Corporate Governance and Compensation Committee.공지 • Nov 05Redline Communications Group Inc. to Report Q3, 2020 Results on Nov 11, 2020Redline Communications Group Inc. announced that they will report Q3, 2020 results on Nov 11, 2020Is New 90 Day High Low • Oct 16New 90-day low: CA$0.42The company is down 49% from its price of CA$0.82 on 10 July 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 1.0% over the same period.공지 • Oct 08Redline Communications Group Inc. Announces Appointment of Dr. Amiee Chan to its Board of Directors , Effective November 10, 2020Redline Communications Group Inc. announces the appointment of Dr. Amiee Chan, Norsat International Inc. President and CEO, to its Board of Directors, effective November 10, 2020. Dr. Amiee Chan has over 15 years of experience in executive management and research development in the satellite industry. Prior to her promotion to CEO, Dr. Chan served as Vice President of Operations. As the Director of Research and Development at Norsat International Inc.공지 • Aug 06Redline Communications Group Inc. to Report Q2, 2020 Results on Aug 10, 2020Redline Communications Group Inc. announced that they will report Q2, 2020 results on Aug 10, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 RDL 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: RDL 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Redline Communications Group 배당 수익률 vs 시장RDL의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (RDL)n/a시장 하위 25% (CA)1.6%시장 상위 25% (CA)5.4%업계 평균 (Communications)2.0%분석가 예측 (RDL) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 RDL 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 RDL 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 RDL 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: RDL 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCA 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2022/07/06 10:16종가2022/07/04 00:00수익2022/03/31연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Redline Communications Group Inc.는 5명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Richard TseATB Cormark Historical (Cormark Securities)Eyal OfirCanaccord GenuityRalph GarceaCantor Fitzgerald Canada Corporation2명의 분석가 더 보기
공지 • Jul 08Redline Communications Ordinary Shares to Be Deleted from Other OTCRedline Communications Group Inc. Ordinary Shares (Canada) will be deleted from Other OTC effective July 07, 2022. The deletion is due to Acquisition /Merger /Amalgamation.
공지 • Jul 07Aviat U.S., Inc. completed the acquisition of Redline Communications Group Inc. (TSX:RDL) from a group of shareholders.Aviat U.S., Inc. entered into a non-binding letter of interest to acquire Redline Communications Group Inc. (TSX:RDL) from a group of shareholders for CAD 15.5 million on January 18, 2022. Aviat U.S., Inc. entered into an arrangement agreement to acquire Redline Communications Group Inc. from a group of shareholders on April 13, 2022. Under the agreement, Aviat will acquire all outstanding shares of Redline for CAD 0.90 per common share, in an all-cash transaction valued at approximately CAD 16.2 million, debt free basis. Aviat expects to fully fund the acquisition from cash on hand from the balance sheet. The Arrangement Agreement also provides for the payment of a termination fee of CAD 0.65 million to Aviat in the event the Transaction is terminated in certain specified circumstances, including if Aviat does not exercise its right to match in the context of a superior proposal supported by Redline. The Transaction has been unanimously approved by Aviat’s Board of Directors. The full Board of the Directors of Redline unanimously approved the Transaction. The transaction is subject to customary closing conditions and necessary regulatory approvals. The Transaction will be carried out by way of a Court-approved plan of arrangement under the Canada Business Corporations Act. The implementation of the Arrangement will be subject to the approval of at least 66 2/3% of the votes cast by Redline shareholders. Redline’s Board of Directors established a Special Committee of independent directors (D. Neil McDonnell and Josef Vejvoda) to oversee the Transaction discussions and the Arrangement. Redline Communications Group shareholders meeting will be held on June 21, 2022. All directors and executive officers of Redline and certain other shareholders of Redline, holding approximately 29.7% of the issued and outstanding Redline Shares as of the date hereof, have entered into voting and support agreements in favour of Aviat. As of June 21, 2022, the transaction was approved by Redline shareholders. As of June 29, 2022, Redline Communications obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the transaction. The transaction is expected to close within four months. As of June 29, 2022, the transaction is expected to close in the first half of July 2022. It is expected this deal to be immediately accretive to Aviat’s gross margin %, Adjusted EBITDA, non-GAAP EPS, and Free Cash Flow all in the first year. Evans & Evans, Inc., financial advisor to Redline, has provided a fairness opinion to the Board of Directors of Redline. Cat Youdan of Blake, Cassels & Graydon LLP acted as legal advisor to Aviat Networks, Inc. Richard Yoon, Iaint Mant of Fasken Martineau DuMoulin LLP acted as legal advisor to Redline. Computershare Investor Services acted as transfer agent to Redline. Aviat U.S., Inc. completed the acquisition of Redline Communications Group Inc. (TSX:RDL) from a group of shareholders on July 5, 2022. The Redline common shares are expected to be delisted from the Toronto Stock Exchange on or about July 7, 2022 and Redline has made an application to cease to be a reporting issuer under applicable Canadian securities law.
공지 • Jun 30Redline Communications Group's Common Shares to Be Delisted from the Toronto Stock ExchangeRedline Communications Group Inc. (TSX:RDL) ("Redline" or the "Company") announced that the Company has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement (the "Arrangement") with Aviat Networks Inc. ("Aviat") pursuant to which Aviat, through a wholly-owned subsidiary, would acquire all of the outstanding common shares of Redline (the "Common Shares") for CAD 0.90 per Common Share. Redline expects to complete the Arrangement in the first half of July 2022, subject to satisfaction or waiver of the remaining closing conditions of the Arrangement. Following completion of the Arrangement, it is anticipated that the Common Shares will be delisted from the Toronto Stock Exchange and the Company will cease to be a reporting issuer under applicable Canadian securities law.
Reported Earnings • May 13First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: US$0.15 loss per share (down from US$0.068 loss in 1Q 2021). Revenue: US$4.30m (up 15% from 1Q 2021). Net loss: US$2.67m (loss widened 127% from 1Q 2021). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board David McDonnell is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공지 • Apr 22Redline Communications Group Inc., Annual General Meeting, Jun 21, 2022Redline Communications Group Inc., Annual General Meeting, Jun 21, 2022.
공지 • Apr 21Redline Communications Group Inc. Announces Executive ChangesRedline Communications Group Inc. announced that Philip Jones, Chief Financial Officer, has resigned effective May 13, 2022, to pursue other endeavours. The Company has appointed Mr. Norman S. Wong as Interim Chief Financial Officer, effective May 16, 2022. Mr. Wong, B.Sc., CPA, CA, has more than 30 years of experience in leadership positions, including Xillix Technologies Inc., MDSI Mobile Data Solutions Inc., ResponseTek Networks Corp. SendToNews, Basic Gov Corp. and One45 Software.
공지 • Apr 14Aviat Networks, Inc. (NasdaqGS:AVNW) entered into an arrangement agreement to acquire Redline Communications Group Inc. (TSX:RDL) for CAD 15.5 million.Aviat Networks, Inc. (NasdaqGS:AVNW) entered into an arrangement agreement to acquire Redline Communications Group Inc. (TSX:RDL) for CAD 15.5 million on April 13, 2022. Under the agreement, Aviat will acquire all outstanding shares of Redline for CAD 0.90 per common share, in an all-cash transaction valued at approximately CAD 16.2 million, debt free basis. Aviat expects to fully fund the acquisition from cash on hand from the balance sheet. The Arrangement Agreement also provides for the payment of a termination fee of CAD 0.65 million to Aviat in the event the Transaction is terminated in certain specified circumstances, including if Aviat does not exercise its right to match in the context of a superior proposal supported by Redline. The Transaction has been unanimously approved by Aviat’s Board of Directors. The full Board of the Directors of Redline unanimously approved the Transaction. The transaction is subject to customary closing conditions and necessary regulatory approvals. The Transaction will be carried out by way of a Court-approved plan of arrangement under the Canada Business Corporations Act. The implementation of the Arrangement will be subject to the approval of at least 66 2/3% of the votes cast by Redline shareholders. Redline’s Board of Directors established a Special Committee of independent directors (D. Neil McDonnell and Josef Vejvoda) to oversee the Transaction discussions and the Arrangement. The transaction is expected to close within four months. It is expected this deal to be immediately accretive to Aviat’s gross margin %, Adjusted EBITDA, non-GAAP EPS, and Free Cash Flow all in the first year. Evans & Evans, Inc., financial advisor to Redline, has provided a fairness opinion to the Board of Directors of Redline.
Reported Earnings • Mar 31Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: US$0.25 loss per share (down from US$0.23 loss in FY 2020). Revenue: US$19.5m (up 5.6% from FY 2020). Net loss: US$4.34m (loss widened 11% from FY 2020). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 83%. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 13Third quarter 2021 earnings released: US$0.01 loss per share (vs US$0.02 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2021 results: Revenue: US$5.19m (flat on 3Q 2020). Net loss: US$96.7k (loss narrowed 72% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board David McDonnell is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Oct 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board David McDonnell is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Aug 13Second quarter 2021 earnings released: US$0.041 loss per share (vs US$0.05 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$4.75m (up 15% from 2Q 2020). Net loss: US$704.3k (loss narrowed 18% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings.
공지 • Aug 12Redline Communications Announces Initial Release of Next-Generation High-Capacity Virtual Fiber Product LineRedline Communications Group Inc. announced the release of the RDL-3203 Ellipse, as part of the latest addition to Redline's Virtual Fiber™ product line, the RDL-3200 family. The innovative RDL-3203 is built on top of the Redline tri-band architecture, which offers an outstanding 1.3 Gbps throughput capacity and ultimate flexibility for real-time applications, configurations, and network planning for remote industrial deployments. The RDL-3203 delivers cost-efficient, powerful processing capabilities that reliably transport a wide range of point-to-point (PTP) and point-to-multipoint (PMP) industrial-grade communications in congested RF environments and challenging weather conditions. The tentative early availability of the RDL-3203 is expected as early as Fourth Quarter 2021. The RDL-3200 line provides outstanding spectral efficiency in its class for speed and capacity. With Redline's commitment to continuously enhance the software, the SDR architecture allows for evolution over time via remote upgrades to continuously protect the customer's investment. It also provides the longest deployment range of its competitors for excellent coverage. The rugged design and high-speed over-the-air data rates significantly improve operational efficiency and makes it ideal for industrial organizations requiring time-sensitive data and reliable transport for backhaul, HD video, voice, SCADA, and M2M. RedCare advanced protection is included with all deployments to provide guaranteed long-term, uninterrupted service anywhere in the world. As part of Redline's extensive RedCare program company Technical Assistance Center (TAC) ensures 24/7 technical support for any emergencies or inquiries.
Reported Earnings • May 13First quarter 2021 earnings released: US$0.068 loss per share (vs US$0.061 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$3.73m (down 17% from 1Q 2020). Net loss: US$1.18m (loss widened 13% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 27Full year 2020 earnings released: US$0.23 loss per share (vs US$0.22 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$18.5m (down 22% from FY 2019). Net loss: US$3.90m (loss widened 4.1% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.
공지 • Mar 17Redline Communications Group Inc. to Report Q4, 2020 Results on Mar 24, 2021Redline Communications Group Inc. announced that they will report Q4, 2020 results Pre-Market on Mar 24, 2021
Is New 90 Day High Low • Mar 05New 90-day high: CA$0.70The company is up 37% from its price of CA$0.51 on 04 December 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 13% over the same period.
공지 • Mar 03Redline Communications Aligns with Fibairo to Tackle Broadband Challenges in the United KingdomRedline Communications Group Inc. announced its partnership with Fibairo to plug the connectivity gap in underserved, rural communities in England, Scotland and Wales. TV White Spaces, are frequencies no longer used by TV channels, allowing the delivery of affordable internet access where incumbent service providers cannot, or will not, go. Unlike traditional Wi-Fi, Fibairo solutions do not require line-of-sight, can cope with uneven terrain, and have a range of up to 10 kilometres. The Fibairo team have spent the last five years rigorously testing the service in some of the most challenging areas in the U.K. and are now deploying the solution commercially at scale following a recent funding round. Fibairo will connect more than 20,000 properties including residential, business and enterprise customers. The company is focused on communities in remote locations and housing associations needing to connect low-income households to the internet nationally over the next two years. Fibairo is also delivering other applications in the smart energy and transport sectors. After extensive testing with multiple vendors of TV whitespace hardware, Redline was found to be the only one to consistently deliver the service levels and throughput needed to scale a commercial service. In the U.K., Redline and Fibairo have been collaborating on optimizing TVWS performance, developing and sourcing antennae, ultimately moving consumers from an eight or 10 Mbps experience to a consistent 50 to 80 Mbps performance. Fibairo can now scale and grow the TVWS solution with Redline, and in alignment with U.K. partners, Fibairo has now secured funding to roll out the networks. Initial networks will be in Scotland, in some of the hardest reach areas and communities. But expansion is planned to the rest of the U.K., and internationally over the next 24 months.
Is New 90 Day High Low • Jan 13New 90-day high: CA$0.59The company is up 28% from its price of CA$0.46 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 18% over the same period.
공지 • Jan 01Redline Announces Change to Board of DirectorsRedline Communications Group Inc. announced that Mr. David Roberts has resigned from the Board of Directors of Redline, effective 31 December 2020. Mr. Neil MacDonnell, Chair of the Board of Directors of Redline, will replace Mr. Roberts as the Chair of the Corporate Governance and Compensation Committee.
공지 • Nov 05Redline Communications Group Inc. to Report Q3, 2020 Results on Nov 11, 2020Redline Communications Group Inc. announced that they will report Q3, 2020 results on Nov 11, 2020
Is New 90 Day High Low • Oct 16New 90-day low: CA$0.42The company is down 49% from its price of CA$0.82 on 10 July 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 1.0% over the same period.
공지 • Oct 08Redline Communications Group Inc. Announces Appointment of Dr. Amiee Chan to its Board of Directors , Effective November 10, 2020Redline Communications Group Inc. announces the appointment of Dr. Amiee Chan, Norsat International Inc. President and CEO, to its Board of Directors, effective November 10, 2020. Dr. Amiee Chan has over 15 years of experience in executive management and research development in the satellite industry. Prior to her promotion to CEO, Dr. Chan served as Vice President of Operations. As the Director of Research and Development at Norsat International Inc.
공지 • Aug 06Redline Communications Group Inc. to Report Q2, 2020 Results on Aug 10, 2020Redline Communications Group Inc. announced that they will report Q2, 2020 results on Aug 10, 2020