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 Reports Audited Consolidated and Company Earnings Results for the Year Ended December 31, 2017
Mar 28 18
Etherstack plc reported audited consolidated and company earnings results for the year ended December 31, 2017. For the period, on consolidated basis, the company’s revenue was $4,239,000 against $6,097,000 a year ago. Group operating loss from continuing operations was $1,967,000 against $1,905,000 a year ago. Loss before taxation was $1,900,000 against $2,199,000 a year ago. Loss after taxation for the year attributable to the equity holders of the parent was $1,546,000 against $1,697,000 a year ago. Basic and diluted loss for the year was 1.4 cents against 2.2 cents a year ago. Net cash used in operating activities was $599,000 against net cash from operations of $753,000 a year ago. Purchases of property, plant and equipment was $62,000. EBITDA was $92,000 against $636,000 a year ago.
For the period, the company’s profit after tax was $693,000 against loss of $1,543,000 a year ago. Net cash used in from operating activities was $1,636,000.
Etherstack plc Auditor Raises 'Going Concern' Doubt
Mar 28 18
Etherstack plc filed its Annual on Mar 28, 2018 for the period ending Dec 31, 2017. In this report its auditor, Grant Thornton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Etherstack plc Announces Consolidated Earnings Results for the Year Ended December 31, 2017
Feb 27 18
Etherstack plc announced consolidated earnings results for the year ended December 31, 2017. For the year, revenue was USD 4,239,000 against USD 6,097,000 a year ago. Loss before income tax was USD 1,900,000 against USD 2,199,000 a year ago. Loss for the period was USD 1,546,000 against USD 1,697,000 a year ago. Total comprehensive loss attributable to owners of the parent was USD 1,693,000 against USD 2,394,000 a year ago. Basic and diluted loss per share was 1.4 cents against 2.2 cents a year ago. Cash used in operating activities was USD 664,000 against cash generated by operating activities of USD 753,000 a year ago. Purchase of intangible assets was USD 757,000 against USD 1,293,000 a year ago. Purchases of property plant and equipment were USD 62,000. Negative net tangible asset backing per ordinary share was 3.52 cents against 3.01 cents a year ago. EBITDA has decreased to USD 92,000 from USD 636,000 in 2016.
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