Sector: Telecommunications Services | Industry: Wireless Telecommunications Services |
Company Contact | |
Address: | Calle 84 A No. 12 - 18 Oficina 302 VANCOUVER BC 110221 |
Tel: | N/A |
Website: | https://toweronewireless.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Tower One Wireless Corp. is a Canada-based build-to-suit (BTS) tower owner, operator, and developer of multi-tenant wireless telecommunications infrastructure in Latin America. The Company's primary business is the leasing of space on communications sites to mobile network operators (MNOs). It focuses primarily on the construction of towers in municipalities where cellular coverage is limited or non-existent. Each tower is built with an initial anchor-tenant commitment and space for an additional one to three tenants, or collocations. Its tower-related services include site acquisition, zoning and permitting, structural analysis, and construction, which primarily supports the Company's site leasing business, including the addition of new tenants and equipment on its sites. It offers tower-related services in Argentina, Colombia and Mexico. It is focused on expanding 4G LTE/5G infrastructure in Canada, Colombia, Mexico, Ecuador and the United States and seek to open other territories. |
Financial Overview |
For the nine months ended 30 September 2022, Tower One Wireless Corp revenues increased from C$6.1M to C$15.9M. Net loss applicable to common stockholders increased from C$858K to C$1.8M. Revenues reflect Colombia segment increase from C$2.3M to C$14M, Mexico segment increase from C$538K to C$1.9M, Colombia segment increase from C$2.3M to C$14M, Mexico segment increase from C$538K to C$1.9M. |
Employees: | 68 as of Dec 31, 2021 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $31.39M as of Sep 30, 2022 |
Annual revenue (TTM): | $20.52M as of Sep 30, 2022 |
EBITDA (TTM): | $0.64M as of Sep 30, 2022 |
Net annual income (TTM): | -$5.15M as of Sep 30, 2022 |
Free cash flow (TTM): | -$14.76M as of Sep 30, 2022 |
Net Debt Last Fiscal Year: | $27.49M as of Sep 30, 2022 |
Shares outstanding: | 205,881,378 as of Feb 13, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |