ERFB Stock - ERF Wireless, Inc.
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Financial Statements
| Metric | FY2020 | FY2019 | FY2018 | FY2017 | FY2013 |
|---|---|---|---|---|---|
| Revenue | $495,000 | $25,000 | $37,000 | $11,000 | $7.16M |
| Gross Profit | $486,000 | $13,000 | $14,000 | $-3,000 | $2.80M |
| Gross Margin | 98.2% | 52.0% | 37.8% | -27.3% | 39.1% |
| Operating Income | $186,000 | $9,000 | $8,000 | $-7,000 | $-4,518,000 |
| Net Income | $18,000 | $9,000 | $9,000 | $-2,000 | $-7,264,000 |
| Net Margin | 3.6% | 36.0% | 24.3% | -18.2% | -101.5% |
| EPS | $0.00 | $0.00 | $0.00 | $-0.00 | $-207.54 |
ERF Wireless, Inc. provides wireless broadband access solutions for the energy industry in North America. The company conducts its operations through Energy Broadband, Inc., Wireless Bundled Services Division, and Enterprise Network Services segments. It offers wireless bandwidth and related support services, including nomadic terrestrial wireless broadband circuit connectivity to the wellsite; wellsite communications equipment rental; wellsite IT support services; wellsite IT services over broadband; network monitoring and maintenance:; layer 2 secure communications connectivity products rental and services; fixed site terrestrial wireless broadband connectivity; network design and construction; production field supervisory control and data acquisition; and midstream communications, monitoring, and security solutions for the oil and gas industry. The company also provides enterprise-level wireless bandwidth product and services, such as design and implementation of custom Internet wireless bandwidth solutions, including long-term maintenance and network monitoring; reselling arrangements; and secure connectivity services through its CryptoVue product to the regional banking, healthcare, and educational sectors primarily in the rural areas of North America. In addition, it offers commercial and residential wireless bandwidth products and services comprising -speed Internet, voice over Internet protocol services, network monitoring and maintenance services, and video services to commercial businesses and residential customers. The company was founded in 1986 and is headquartered in League City, Texas.
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