Company Overview of Etherstack plc
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
Founded in 2012
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
Jun 28 17
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
Jun 1 17
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
Mar 29 17
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.
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