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pdvWireless

BST:2X6
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2X6
BST
$703M
Market Cap
  1. Home
  2. DE
  3. Telecom
Company description

pdvWireless, Inc., a wireless communication company, provides network and mobile communication solutions to infrastructure and enterprise customers primarily in the United States. The last earnings update was 56 days ago. More info.


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  • pdvWireless has significant price volatility in the past 3 months.
2X6 Share Price and Events
7 Day Returns
-2.8%
BST:2X6
-2%
DE Telecom
-1.8%
DE Market
1 Year Returns
-
BST:2X6
-1.2%
DE Telecom
-6.7%
DE Market
2X6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
pdvWireless (2X6) -2.8% -2.2% 30.9% - - -
DE Telecom -2% -2.1% -1.4% -1.2% -7.7% 3.4%
DE Market -1.8% 1.6% -1.6% -6.7% 10.1% 11%
1 Year Return vs Industry and Market
  • No trading data on 2X6.
  • No trading data on 2X6.
Price Volatility
2X6
Industry
5yr Volatility vs Market

2X6 Value

 Is pdvWireless undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for pdvWireless. This is due to cash flow or dividend data being unavailable. The share price is €41.14.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for pdvWireless's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are pdvWireless's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:2X6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-2.88
NasdaqCM:ATEX Share Price ** NasdaqCM (2019-07-15) in USD $46.81
Germany Telecom Industry PE Ratio Median Figure of 5 Publicly-Listed Telecom Companies 37.3x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 20.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of pdvWireless.

BST:2X6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:ATEX Share Price ÷ EPS (both in USD)

= 46.81 ÷ -2.88

-16.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • pdvWireless is loss making, we can't compare its value to the DE Telecom industry average.
  • pdvWireless is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does pdvWireless's expected growth come at a high price?
Raw Data
BST:2X6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -16.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-27.7%per year
Europe Telecom Industry PEG Ratio Median Figure of 35 Publicly-Listed Telecom Companies 1.99x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for pdvWireless, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on pdvWireless's assets?
Raw Data
BST:2X6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $12.26
NasdaqCM:ATEX Share Price * NasdaqCM (2019-07-15) in USD $46.81
Germany Telecom Industry PB Ratio Median Figure of 7 Publicly-Listed Telecom Companies 1.39x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.74x
BST:2X6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:ATEX Share Price ÷ Book Value per Share (both in USD)

= 46.81 ÷ 12.26

3.82x

* Primary Listing of pdvWireless.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • pdvWireless is overvalued based on assets compared to the DE Telecom industry average.
X
Value checks
We assess pdvWireless's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Telecom industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Telecom industry average (and greater than 0)? (1 check)
  5. pdvWireless has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

2X6 Future Performance

 How is pdvWireless expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-27.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is pdvWireless expected to grow at an attractive rate?
  • Unable to compare pdvWireless's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare pdvWireless's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • pdvWireless's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:2X6 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:2X6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -27.7%
BST:2X6 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -31.3%
Germany Telecom Industry Earnings Growth Rate Market Cap Weighted Average 23.2%
Germany Telecom Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:2X6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:2X6 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 4 -61 -72 1
2020-03-31 3 -45 -48 2
BST:2X6 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 6 -23 -42
2018-12-31 7 -22 -41
2018-09-30 7 -23 -33
2018-06-30 7 -23 -29
2018-03-31 6 -22 -25
2017-12-31 6 -23 -30
2017-09-30 6 -23 -37
2017-06-30 5 -23 -37
2017-03-31 5 -27 -39
2016-12-31 4 -26 -32
2016-09-30 4 -25 -30
2016-06-30 4 -22 -28

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • pdvWireless is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • pdvWireless's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:2X6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from pdvWireless Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:2X6 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 -4.85 -4.85 -4.85 1.00
2020-03-31 -3.24 -2.70 -3.77 2.00
BST:2X6 Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -2.88
2018-12-31 -2.81
2018-09-30 -2.25
2018-06-30 -2.00
2018-03-31 -1.70
2017-12-31 -2.09
2017-09-30 -2.59
2017-06-30 -2.57
2017-03-31 -2.72
2016-12-31 -2.22
2016-09-30 -2.08
2016-06-30 -1.91

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if pdvWireless will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess pdvWireless's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
pdvWireless has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

2X6 Past Performance

  How has pdvWireless performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare pdvWireless's growth in the last year to its industry (Telecom).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • pdvWireless does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare pdvWireless's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare pdvWireless's 1-year growth to the DE Telecom industry average as it is not currently profitable.
Earnings and Revenue History
pdvWireless's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from pdvWireless Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:2X6 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 6.50 -41.99 30.40 1.21
2018-12-31 6.98 -40.79 30.38 1.54
2018-09-30 7.07 -32.54 30.12 1.48
2018-06-30 6.76 -28.96 29.36 1.54
2018-03-31 6.36 -24.57 28.73 1.45
2017-12-31 5.84 -30.22 27.13 1.85
2017-09-30 5.58 -37.41 26.31 1.80
2017-06-30 5.21 -37.04 26.31 1.80
2017-03-31 4.79 -39.19 28.71 1.82
2016-12-31 4.47 -31.95 28.04 1.67
2016-09-30 4.08 -29.90 26.73 1.48
2016-06-30 3.75 -27.53 25.51 1.19
2016-03-31 3.54 -21.83 21.08 0.92
2015-12-31 3.41 -20.64 20.86 1.23
2015-09-30 3.30 -18.92 19.76 1.11
2015-06-30 3.18 -16.48 17.22 0.95
2015-03-31 3.17 -14.71 15.47 0.80
2014-12-31 3.26 -9.44 10.14 0.81
2014-09-30 3.36 -6.18 6.89 0.78
2014-06-30 3.42 -3.46 4.57 0.82
2014-03-31 3.54 -1.21 2.48 0.82
2013-03-31 2.76 -1.24 2.29 0.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if pdvWireless has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if pdvWireless has efficiently used its assets last year compared to the DE Telecom industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if pdvWireless improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess pdvWireless's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Telecom industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
pdvWireless has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

2X6 Health

 How is pdvWireless's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up pdvWireless's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • pdvWireless is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • pdvWireless's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of pdvWireless's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • pdvWireless has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from pdvWireless Company Filings, last reported 3 months ago.

BST:2X6 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 180.76 0.00 76.72
2018-12-31 188.23 0.00 82.35
2018-09-30 193.38 0.00 85.64
2018-06-30 200.71 0.00 90.94
2018-03-31 208.53 0.00 98.32
2017-12-31 215.43 0.50 104.24
2017-09-30 214.52 0.50 110.54
2017-06-30 221.24 0.50 115.54
2017-03-31 227.90 0.50 124.08
2016-12-31 240.65 0.99 130.69
2016-09-30 246.74 0.99 136.96
2016-06-30 253.50 0.99 143.18
2016-03-31 262.19 0.99 153.46
2015-12-31 267.58 1.29 160.68
2015-09-30 271.68 0.00 169.28
2015-06-30 276.00 0.00 175.85
2015-03-31 214.21 0.00 119.87
2014-12-31 216.12 0.00 122.73
2014-09-30 218.24 0.00 125.27
2014-06-30 197.30 3.45 6.95
2014-03-31 -4.21 3.41 0.05
2013-03-31 -3.08 2.70 0.19
  • pdvWireless has no debt.
  • pdvWireless currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • pdvWireless has sufficient cash runway for more than 3 years based on current free cash flow.
  • pdvWireless has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -11.3% each year.
X
Financial health checks
We assess pdvWireless's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. pdvWireless has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

2X6 Dividends

 What is pdvWireless's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from pdvWireless dividends.
If you bought €2,000 of pdvWireless shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate pdvWireless's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate pdvWireless's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:2X6 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Germany Telecom Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 5.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:2X6 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-03-31
2020-03-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as pdvWireless has not reported any payouts.
  • Unable to verify if pdvWireless's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of pdvWireless's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as pdvWireless has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess pdvWireless's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can pdvWireless afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. pdvWireless has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

2X6 Management

 What is the CEO of pdvWireless's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Morgan O'Brien
COMPENSATION $1,119,416
AGE 74
TENURE AS CEO 1.3 years
CEO Bio

Mr. Morgan E. O'Brien has been the Chief Executive Officer of Pacific DataVision, Inc. d/b/a pdvWireless, Inc. since April 23, 2018. Mr. O'Brien Co-founded Cyren Call Communications Corp. in 2006 and served as its Chairman. Since January 2009, Mr. O’Brien has served as an Independent Consultant to several wireless start-ups. Mr. O'Brien served as Special Advisor of GTT Communications, Inc. (formerly Global Telecom & Technology, Inc. and Mercator Partners Acquisition Corp) from January 2005 to October 2006. He served at Cyren Call Communications Inc. until January 2009. Mr. O'Brien co-founded Nextel (Fleet Call) in 1987 and served as its General Counsel from 1987 to 1994. He served with Jones, Day, Reavis & Pogue. From January 1986 to January 1990, Mr. O'Brien was a Partner-in-charge of its telecommunications practice. He served as a Consultant to Jones, Day, Reavis & Pogue from January 1990 to October 1991. From June 1979 to April 1987, Mr. O'Brien was in private legal practice and represented major specialized mobile radio operators in proceedings before the Federal Communications Commission. From October 1970 to June 1979, he served in a variety of legal and managerial positions with the FCC in the areas of private radio and radio common carrier administration. Mr. O'Brien began his career as a Lawyer with the Mobile Services Division of the FCC in 1970, where he assisted in establishing the rules and procedures for all land mobile services. He serves as Chairman and Member of Advisory Board of SquareLoop, Inc. Mr. O'Brien serves as Chairman of the Board of Trustees of The Field School in Washington, DC. From 1987 to March 1996, he served as Chairman of board of Directors of Nextel Communications Inc., which he co-founded in 1987. Mr. O’Brien led the creation of the first all-digital nationwide wireless network (the Nextel National Network) and brought push-to-talk (“PTT”) communication to the mass business and consumer market. He has expertise in FCC licensing and compliance matters. He has experience in successfully developing regulatory driven spectrum initiatives to address the unmet wireless communications needs of businesses. Mr. O'Brien served as Vice Chairman of pdvWireless, Inc. from May 2014 to April 23, 2018 and has been its Director since April 2012. He served as a Vice Chairman of Nextel Communications, Inc. from March 1996 to 2005 and served as its Director since 1987. Mr. O'Brien served as an Independent Director at GTT Communications, Inc. from October 2006 to June 2017. He serves as a Director of OmniSpeech, LLC. Mr. O'Brien serves as a Member of the law board of Northwestern University School of Law and Trustee of St. Anselm's Abbey School of Washington, DC. He served as a Director of WilTel Communications Group Inc. since 2001. Mr. O’Brien has also served on a number of boards of other public companies including Sprint and Williams Telecommunications. He also serves on the board of several private companies and charitable organizations. Mr. O'Brien was honored by RCR Wireless News and inducted into the Washington Business Hall of Fame in 2005 and Wireless History Foundation Hall of Fame in 2001. He was recognized in 1987 as New Jersey Entrepreneur of the Year and in 1993 & 2006 he was voted the RCR Person of the Year. He was named by Fierce Wireless as “one of the top U.S. wireless innovators of all time.” In 2007 Mr. O'Brien was named a Fellow of the Radio Club of America. In 2016, Mr. O’Brien was awarded the Armstrong Medal, the highest award of the Radio Club of America, for demonstrated excellence and lasting contributions to radio arts and sciences. He received an A.B. in Classical Studies from Georgetown University and a J.D./law degree from Northwestern University.

CEO Compensation
  • Morgan's compensation has increased whilst company is loss making.
  • Morgan's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the pdvWireless management team in years:

5.1
Average Tenure
61
Average Age
  • The average tenure for the pdvWireless management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Morgan O'Brien

TITLE
CEO & Director
COMPENSATION
$1M
AGE
74
TENURE
1.3 yrs

Rob Schwartz

TITLE
President & COO
COMPENSATION
$3M
AGE
53
TENURE
1.2 yrs

Tim Gray

TITLE
Chief Financial Officer
COMPENSATION
$787K
AGE
49
TENURE
5.1 yrs

Frank Creede

TITLE
Chief Technical Officer
COMPENSATION
$175K
AGE
61
TENURE
16.5 yrs

Natasha Vecchiarelli

TITLE
Director of Corporate Communications

Harvey Frazier

TITLE
Chief Sales & Marketing Officer
AGE
72
TENURE
5.1 yrs

Laura Politi

TITLE
Vice President of Human Resources
TENURE
5.1 yrs

Elaine Gangeri

TITLE
VP & Corporate Controller

Dan Starr

TITLE
Vice President of Central & South Regions
Board of Directors Tenure

Average tenure and age of the pdvWireless board of directors in years:

1.1
Average Tenure
62
Average Age
  • The average tenure for the pdvWireless board of directors is less than 3 years, this suggests a new board.
Board of Directors

Brian McAuley

TITLE
Chairman of the Board
COMPENSATION
$2M
AGE
78
TENURE
14.9 yrs

Morgan O'Brien

TITLE
CEO & Director
COMPENSATION
$1M
AGE
74
TENURE
7.3 yrs

T. Akers

TITLE
Independent Director
COMPENSATION
$158K
AGE
62
TENURE
5.1 yrs

Mark Hennessy

TITLE
Lead Independent Director
COMPENSATION
$178K
AGE
61
TENURE
1.1 yrs

Singleton McAllister

TITLE
Independent Director
COMPENSATION
$128K
AGE
66
TENURE
0.9 yrs

Paul Saleh

TITLE
Independent Director
COMPENSATION
$140K
AGE
62
TENURE
2.6 yrs

Rachelle Chong

TITLE
Independent Director
COMPENSATION
$122K
AGE
59
TENURE
0.9 yrs

Greg Cominos

TITLE
Independent Director
COMPENSATION
$122K
AGE
55
TENURE
0.9 yrs

Greg Haller

TITLE
Independent Director
COMPENSATION
$90K
AGE
52
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • pdvWireless individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
05. Jun 19 Sell Cerberus Capital Management, L.P. Company 31. May 19 04. Jun 19 -139,413 €43.40 €-5,986,616
31. May 19 Sell Cerberus Capital Management, L.P. Company 28. May 19 30. May 19 -477,602 €45.58 €-21,404,515
14. Jun 19 Sell Cerberus Capital Management, L.P. Company 11. Jun 19 13. Jun 19 -72,843 €43.46 €-3,162,347
29. May 19 Sell Brian McAuley Individual 24. May 19 24. May 19 -36,000 €45.08 €-1,614,409
11. Sep 18 Buy Thomas Sidman Individual 10. Sep 18 10. Sep 18 642 €24.12 €15,486
23. Aug 18 Sell Pacific Investment Management Company LLC Company 20. Aug 18 20. Aug 18 -25,100 €28.90 €-698,904
15. Aug 18 Sell Pacific Investment Management Company LLC Company 13. Aug 18 13. Aug 18 -25,000 €28.30 €-707,532
10. Aug 18 Buy Owl Creek Asset Management, L.P. Company 08. Aug 18 08. Aug 18 19,675 €24.43 €479,492
03. Aug 18 Buy Owl Creek Asset Management, L.P. Company 01. Aug 18 01. Aug 18 6,583 €24.59 €161,864
30. Jul 18 Buy Owl Creek Asset Management, L.P. Company 26. Jul 18 27. Jul 18 34,500 €23.98 €825,896
25. Jul 18 Buy Owl Creek Asset Management, L.P. Company 23. Jul 18 25. Jul 18 30,773 €23.01 €687,973
20. Jul 18 Buy Owl Creek Asset Management, L.P. Company 18. Jul 18 20. Jul 18 3,600 €22.46 €77,263
17. Jul 18 Buy Owl Creek Asset Management, L.P. Company 13. Jul 18 17. Jul 18 3,986 €22.52 €89,455
X
Management checks
We assess pdvWireless's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. pdvWireless has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

2X6 News

Simply Wall St News

2X6 Company Info

Description

pdvWireless, Inc., a wireless communication company, provides network and mobile communication solutions to infrastructure and enterprise customers primarily in the United States. It offers pdvConnect service, the company’s proprietary cloud-based mobile resource management solution; TeamConnect service, which combines pdvConnect with push-to-talk mobile communication services involving digital network architecture and mobile devices; and Diga-talk, a mobile communication that provides nationwide two-way digital communication services. The company was formerly known as Pacific DataVision, Inc. and changed its name to pdvWireless, Inc. in November 2015. pdvWireless, Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.

Details
Name: pdvWireless, Inc.
2X6
Exchange: BST
Founded: 1997
$624,137,835
14,835,738
Website: http://www.pdvwireless.com
Address: pdvWireless, Inc.
3 Garret Mountain Plaza,
Suite 401,
Woodland Park,
New Jersey, 07424,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM ATEX Common Stock Nasdaq Capital Market US USD 04. Feb 2015
BST 2X6 Common Stock Boerse-Stuttgart DE EUR 04. Feb 2015
Number of employees
Current staff
Staff numbers
58
pdvWireless employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 22:21
End of day share price update: 2019/07/15 00:00
Last estimates confirmation: 2019/06/14
Last earnings filing: 2019/05/20
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.