OTCPK:ABWN

Stock Analysis Report

Airborne Wireless Network

Executive Summary

Airborne Wireless Network, a development stage company, focuses on developing, marketing, and licensing a fully-meshed high-speed broadband airborne wireless network by linking aircraft in flight.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Risks

  • Airborne Wireless Network has significant price volatility in the past 3 months.
  • Airborne Wireless Network is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

ABWN

0.01%

US Telecom

-0.6%

US Market


1 Year Return

-96.8%

ABWN

8.2%

US Telecom

0.7%

US Market

ABWN underperformed the Telecom industry which returned 8.1% over the past year.

ABWN underperformed the Market in United States of America which returned 0.7% over the past year.


Share holder returns

ABWNIndustryMarket
7 Day0%0.01%-0.6%
30 Day0%7.9%4.9%
90 Day0%9.5%1.7%
1 Year-96.8%-96.8%13.9%8.2%3.0%0.7%
3 Year-100.0%-100.0%15.7%-1.1%44.8%35.4%
5 Yearn/a36.3%5.1%62.0%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Airborne Wireless Network is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Airborne Wireless Network 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 ABWN’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 Airborne Wireless Network regulatory filings here.
  • Explore potentially undervalued companies in the Telecom industry.

Future Growth

How is Airborne Wireless Network expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.8%

Forecasted Telecom 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 Airborne Wireless Network 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

  • Take a look at our analysis of ABWN’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Airborne Wireless Network's filings and announcements here.
  • Explore growth companies in the Telecom industry.

Past Performance

How has Airborne Wireless Network performed over the past 5 years?

-59.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Airborne Wireless Network does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Airborne Wireless Network's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Airborne Wireless Network's 1-year growth to the US Telecom industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Airborne Wireless Network has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Airborne Wireless Network has efficiently used its assets last year compared to the US Telecom industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Airborne Wireless Network improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.


Next Steps

Financial Health

How is Airborne Wireless Network's financial position?


Financial Position Analysis

Airborne Wireless Network's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Airborne Wireless Network has no long term commitments.


Debt to Equity History and Analysis

Airborne Wireless Network has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Airborne Wireless Network's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

Airborne Wireless Network has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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.

Airborne Wireless Network has less than a year of cash runway based on current free cash flow.

Airborne Wireless Network has less than a year of cash runway if free cash flow continues to grow at historical rates of 55.5% each year.


Next Steps

Dividend

What is Airborne Wireless Network's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Airborne Wireless Network's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Airborne Wireless Network's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Airborne Wireless Network has not reported any payouts.

Unable to verify if Airborne Wireless Network's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Airborne Wireless Network 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.


Next Steps

Management

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

2.9yrs

Average management tenure


CEO

Mike Warren (67yo)

2.6yrs

Tenure

US$232,070

Compensation

Mr. Michael J. Warren, also known as Mike, has been the Chief Executive Officer of Airborne Wireless Network since February 1, 2017 and as its Director since March 16, 2017. Mr. Warren has an extensive bac ...


CEO Compensation Analysis

Mike's remuneration is lower than average for companies of similar size in United States of America.

Mike's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.9yrs

Average Tenure

67yo

Average Age

The tenure for the Airborne Wireless Network management team is about average.


Board Age and Tenure

1.8yrs

Average Tenure

69yo

Average Age

The average tenure for the Airborne Wireless Network board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • J. Daniels (69yo)

    President

    • Tenure: 3.9yrs
  • Marius de Mos (68yo)

    Vice President of Technical Affairs & Development

    • Tenure: 3.1yrs
    • Compensation: US$185.50k
  • Jason de Mos (38yo)

    Vice President of Business Development & Compliance

    • Tenure: 2.9yrs
    • Compensation: US$3.69m
  • Earle Olson (60yo)

    Vice President of Industry Relations

    • Tenure: 2.8yrs
    • Compensation: US$4.08m
  • Mike Warren (67yo)

    CEO & Director

    • Tenure: 2.6yrs
    • Compensation: US$232.07k

Board Members

  • Sam Gulko (87yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$214.56k
  • James Witham (78yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$217.56k
  • Karen Laustsen (59yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$217.56k
  • Alex Sandel (71yo)

    Chairman of the Advisory Board

    • Tenure: 3.1yrs
  • James Leach (60yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$215.56k
  • J. Daniels (69yo)

    President

    • Tenure: 3.9yrs
  • Mike Warren (67yo)

    CEO & Director

    • Tenure: 2.6yrs
    • Compensation: US$232.07k

Company Information

Airborne Wireless Network's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Airborne Wireless Network
  • Ticker: ABWN
  • Exchange: OTCPK
  • Founded: 2011
  • Industry: Alternative Carriers
  • Sector: Telecom
  • Market Cap: US$486.269k
  • Shares outstanding: 4.86b
  • Website: https://www.airbornewirelessnetwork.com

Number of Employees


Location

  • Airborne Wireless Network
  • 4115 Guardian Street
  • Suite C
  • Simi Valley
  • California
  • 93063
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ABWNOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2014

Biography

Airborne Wireless Network, a development stage company, focuses on developing, marketing, and licensing a fully-meshed high-speed broadband airborne wireless network by linking aircraft in flight. It focus ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/23 00:25
End of Day Share Price2019/09/20 00:00
Earnings2019/05/31
Annual Earnings2018/08/31


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.