Last $0.08 USD
Change Today 0.00 / 0.00%
Volume 0.0
RMLX On Other Exchanges
Symbol
Exchange
OTC US
OTC US
As of 8:10 PM 01/21/15 All times are local (Market data is delayed by at least 15 minutes).

roomlinx inc (RMLX) Snapshot

Open
$0.08
Previous Close
$0.08
Day High
$0.08
Day Low
$0.08
52 Week High
03/18/14 - $0.40
52 Week Low
12/1/14 - $0.04
Market Cap
480.9K
Average Volume 10 Days
11.9K
EPS TTM
$-0.32
Shares Outstanding
6.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ROOMLINX INC (RMLX)

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roomlinx inc (RMLX) Details

Roomlinx, Inc. sells, installs, and services in-room media and entertainment solutions for hotels, resorts, and time share properties in the United States, Canada, and internationally. The company operates in two segments, Hospitality and Residential. Its in-room media and entertainment products and services include proprietary Interactive TV platform that integrates the TV and Internet experience; video-on-demand services comprising first non-theatrical release Hollywood motion pictures, adult, and specialty content; and hotel satellite television programming services for delivery and viewing of high definition and standard definition television programming for hotels, resorts, and time share properties. The company also provides wired networking solutions and wireless fidelity networking solutions for high speed Internet access at hotels, resorts, and timeshare locations; and telecommunication services, such as telephone, satellite television, and wired and wireless Internet access to residential and business customers. As of December 31, 2013, it serviced approximately 64,000 revenue generating units (RGUs) within the hospitality sector, and 14 residential communities and small businesses representing an additional 3,600 RGUs. The company was founded in 1998 and is headquartered in Broomfield, Colorado.

38 Employees
Last Reported Date: 03/31/14
Founded in 1998

roomlinx inc (RMLX) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $200.0K
Chief Operating Officer
Total Annual Compensation: $150.0K
Executive Vice President of Sales & Marketing
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2013.

roomlinx inc (RMLX) Key Developments

RoomLinx Inc. Announces Resignation of Erin Lydon as Independent Director and as A Member of Compensation and Audit Committees

On January 2, 2015, Ms. Erin Lydon, an independent director of Roomlinx Inc. advised Roomlinx that she has decided to resign, for personal reasons, from her position as a director on Roomlinx's Board of Directors and from her positions as a member of Roomlinx's Compensation and Audit Committees. Ms. Lydon has stated that she has no disagreements with Roomlinx management and is not aware of any issues relating to Roomlinx's financial statements.

Carl Vertuca to Resign as Director on the Board, Member of Compensation Committee and Chairman of Audit Committee of Roomlinx

On December 15, 2014, Mr. Carl Vertuca, an independent director of Roomlinx Inc. advised Roomlinx that he has decided to resign, for personal reasons, from his position as a director on Roomlinx's Board of Directors and from his positions as a member of Roomlinx's Compensation Committee and the Chairman of Roomlinx's Audit Committee. Mr. Vertuca has stated that he has no disagreements with Roomlinx management and is not aware of any issues relating to Roomlinx's financial statements.

RoomLinX Inc. Announces Financial Results for the Three Months Ended September 30, 2014

RoomLinX Inc. announced financial results for the three months ended September 30, 2014. In the third quarter of 2014, total revenue decreased 29% to $2.0 million compared to the same period in 2013. This decrease was primarily related to a 50% decrease in installation revenue for the quarter compared to the same period in 2013. Recurring monthly hospitality revenue decreased 11% to $1.12 million over the same period in 2013, while total operating expense for the three months ended September 30, decreased 12% to $0.95 million compared to 2013. For the three months ended September 30, 2014, Roomlinx reported a net loss of $0.42 million, compared to a net loss of $0.35 million for the three months ended September 30, 2013, an increase in net loss of $0.07 million. The increase in net loss is attributable to a decrease in installation volume. Basic and diluted weighted average shares outstanding for the three months ended September 30, 2014 were 6,411,413 compared to 6,407,630 in the year-earlier period.

 

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