TSXV:YFI

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Edgewater Wireless Systems

Executive Summary

Edgewater Wireless Systems Inc. develops and commercializes technologies and intellectual property for the wireless communications market in Asia, Europe, and North America.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Edgewater Wireless Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: YFI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

YFI

4.0%

CA Communications

-0.5%

CA Market


1 Year Return

-53.3%

YFI

-14.9%

CA Communications

-12.7%

CA Market

Return vs Industry: YFI underperformed the Canadian Communications industry which returned -14.9% over the past year.

Return vs Market: YFI underperformed the Canadian Market which returned -12.7% over the past year.


Shareholder returns

YFIIndustryMarket
7 Day0%4.0%-0.5%
30 Day-22.2%-6.3%-3.2%
90 Day-22.2%11.2%7.8%
1 Year-53.3%-53.3%-10.9%-14.9%-9.6%-12.7%
3 Year-87.3%-87.3%-24.8%-29.7%3.0%-6.9%
5 Year-87.5%-87.5%-11.6%-22.3%19.1%1.1%

Price Volatility Vs. Market

How volatile is Edgewater Wireless Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Edgewater Wireless Systems undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Edgewater Wireless Systems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Edgewater Wireless Systems has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of YFI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Edgewater Wireless Systems regulatory filings.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Edgewater Wireless Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

43.7%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Edgewater Wireless Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Edgewater Wireless Systems performed over the past 5 years?

-5.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YFI is currently unprofitable.

Growing Profit Margin: YFI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: YFI is unprofitable, and losses have increased over the past 5 years at a rate of -5.4% per year.

Accelerating Growth: Unable to compare YFI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: YFI is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (40.3%).


Return on Equity

High ROE: YFI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Edgewater Wireless Systems's financial position?


Financial Position Analysis

Short Term Liabilities: YFI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: YFI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: YFI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: YFI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: YFI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: YFI is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Edgewater Wireless Systems's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate YFI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate YFI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if YFI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if YFI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of YFI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average board tenure


CEO

Andrew Skafel

6.25yrs

Tenure

CA$180,000

Compensation

Mr. Andrew Skafel has been the President of Edgewater Wireless Systems, Inc., since October 13, 2011 and has been its Chief Executive Officer since April 30, 2014. Mr. Skafel has been a Director of Edgewat ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD175.15K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Andrew Skafel
President6.25yrsCA$180.00k0.86% CA$58.6k
Duane Anderson
Founder & Chairman of Technology Advisory Boardno datano datano data
Hubert A. Whyte
Independent Director8.33yrsno data0.085% CA$5.8k
Denis Cote
Member of Advisory Boardno datano datano data
Richard Nottenburg
Director1.25yrsno datano data
Jane Barratt
Director3.58yrsno datano data
Stephen Andrews
Director2.42yrsno data0.20% CA$13.5k
Brian Imrie
Chairmanno datano data0.70% CA$47.7k
Christopher McGillivray
Director2.08yrsno data0.16% CA$10.7k

2.4yrs

Average Tenure

Experienced Board: YFI's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Edgewater Wireless Systems Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Edgewater Wireless Systems Inc.
  • Ticker: YFI
  • Exchange: TSXV
  • Founded: 1980
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: CA$6.790m
  • Shares outstanding: 169.74m
  • Website: https://www.edgewaterwireless.com

Location

  • Edgewater Wireless Systems Inc.
  • 408 Churchill Avenue North
  • Ottawa
  • Ontario
  • K1Z 5C6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YFITSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2011
KPIF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2011
E14DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2011

Biography

Edgewater Wireless Systems Inc. develops and commercializes technologies and intellectual property for the wireless communications market in Asia, Europe, and North America. It offers Wi-Fi spectrum slicing and dual channel Wi-Fi products; PowerZoning, a channel power and association rate control product for multi-channel single radio Wi-Fi networks; spectral surveillance technologies, as well as powered access points for indoor and outdoor deployments; and chipsets, radio cards, and silicon solutions. 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 Ottawa, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 00:12
End of Day Share Price2020/07/10 00:00
Earnings2020/01/31
Annual Earnings2019/04/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.