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Mphase Technologies Inc
Mphase Technologies, Inc. (XDSL) is a technology company that specializes in the development and commercialization of piezoelectric materials and devices. The company's proprietary technology enables the production of high-voltage, low-current signals that are used in a variety of applications, including sensors, energy harvesting, and actuators.
In terms of financials, Mphase Technologies, Inc. is a small-cap company with a market capitalization of around $20 million as of February 2023. The company has not been consistently profitable in recent years, with reported net losses in the past few years. In 2021, the company reported a net loss of $1.3 million, compared to a net loss of $1.4 million in 2020.
Revenue growth has also been modest, with the company reporting revenues of $1.5 million in 2021, up slightly from $1.4 million in 2020. It's important to note that the company's revenue is relatively low compared to other publicly traded companies.
In terms of valuation, the company's stock price has been volatile in the past year, with a 52-week range of $0.22 - $1.35. As of February 2023, the stock is trading at around $0.50 per share. The stock is thinly traded, which can lead to increased volatility in the stock price.
Overall, Mphase Technologies, Inc. is a small-cap technology company with modest revenue growth and a history of reported net losses. The company's stock price has been volatile and the company is considered a high-risk investment. As always, investors should carefully consider their own investment objectives and consult with a financial advisor before making any investment decisions.