July 24, 2017 3:25 PM ET


Company Overview of Etherstack plc

Company Overview

Etherstack plc engages in the design, development, and deployment of wireless communications software and products for use in transceivers. The company’s products enable the transceivers to communicate with a radio network and other transceivers. It offers professional mobile radio (LMR) air interface protocol stacks waveforms; provides a series of small form-factor LMR transceiver reference designs consisting of RF UHF, VHF, 800MHz and triband, and plus baseband; and develops various network elements based on 3G soft switching and Radio over IP (RoIP) technologies. The company also provides LTE25 solution, which bridges LTE networks and existing APCO P25 narrowband networks with an integrat...

30-31 Friar Street

3rd Floor South

Reading,  RG1 1DX

United Kingdom

Founded in 2012

22 Employees

Key Executives for Etherstack plc

Founder, CEO, Exec. Director
Total Annual Compensation: $260.0K
Compensation as of Fiscal Year 2016.

Etherstack plc Key Developments

Etherstack plc Provides Earnings Guidance for the Year Ending December 31, 2017

Etherstack plc provided earnings guidance for the year ending December 31, 2017. For the year, the company expects revenue of USD 6.4 million to USD 6.8 million. Gross margins held or improved due to expected higher margin product mix this year over 2016. The company expects amortization (non-cash charge) in line with 2016 to be USD 2.48 million.

Etherstack plc, Annual General Meeting, Jun 28, 2017

Etherstack plc, Annual General Meeting, Jun 28, 2017, at 10:00 Coordinated Universal Time. Location: ice of Cavendish Ware Limited, Becket House, 8th Floor 36-37 Old Jewry London United Kingdom Agenda: To receive and adopt the accounts of the company for the year ended 31 December 2016 and the directors' and auditors' reports thereon; to re-appoint Grant Thornton UK LLP as auditors to hold office until the conclusion of the next annual general meeting at which accounts are laid before the Company and to authorize the Directors to fix their remuneration; to approve issue of up to 2,980,646 fully paid ordinary shares; to approve issue of up to 1,290,323 fully paid ordinary shares to Peter Stephens; and to discuss other matters.

Etherstack plc Announces Consolidated Earnings Results for Year Ended December 31, 2016

Etherstack plc announced consolidated earnings results for year ended December 31, 2016. For the year, revenue was USD 6.097 million against USD 2.263 million a year ago. Loss before income tax was USD 2.199 million against loss of USD 6.447 million a year ago. Total comprehensive loss for the year attributable to the equity holders of the parent was USD 2.394 million or 2.2 cents per basic and diluted loss per share against USD 5.960 million or 18.7 cents per basic and diluted loss per share a year ago. Loss after taxation attributable to the equity holders of the parent was USD 1,697,000 against USD 5,979,000 a year ago. Net cash flow from operating activities was USD 0.753 million against cash used in operating activities of USD 0.129 million a year ago. Purchase of intangible assets and development costs was USD 1.293 million against USD 1.577 million a year ago. Underlying EBITDA has been improved from a loss of USD 702,000 in 2015 to a positive result of USD 836,000 in 2016 ­ an improvement of USD 1,538,000 representing a 219% increase. The improvements in underlying results are attributable to: improved revenues, improved gross margins and cost restraint. Statutory loss after tax was USD 1,697,000 against USD 5,979,000 a year ago. EBITDA was USD 636,000 against LBITDA of USD 1,087,000 a year ago.

Similar Private Companies By Industry

Company Name Region
1E Ltd. Europe
1insurer Limited Europe
24Solutions Limited Europe
3am Solutions (UK) Limited Europe
3B View Ltd. Europe

Recent Private Companies Transactions

Private Placement
May 30, 2017

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Etherstack plc, please visit www.etherstack.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.