FTE Networks, Inc. provides telecommunications and technology systems infrastructure services. It operates through the following segments: Telecommunications and Staffing. The company was founded by Bruce W. Widener on June 6, 2007 and is headquartered in Naples, FL.
Company profile
Ticker
FTNW
Exchange
Website
CEO
Michael Petros Beys
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BEACON ENTERPRISE SOLUTIONS GROUP INC, GALAXY SPECIALTIES INC, SUNCREST GLOBAL ENERGY CORP
SEC CIK
Corporate docs
Subsidiaries
Benchmark Builders, Inc. • CrossLayer, Inc. • FTE Holdings, LLC • Focus-Fiber Solutions, LLC • Focus Venture Partners, Inc. • Focus Wireless, LLC • Optos Capital Partners, LLC • Jus-Com, Inc. • UBIQ Communications, LLC ...
IRS number
810438093
FTNW stock data
Latest filings (excl ownership)
8-K
Material Modifications to Rights of Security Holders
15 Mar 23
8-K
Other Events
13 Mar 23
8-K
Regulation FD Disclosure
26 Aug 22
DEF 14A
Definitive proxy
17 Aug 22
8-K
Regulation FD Disclosure
15 Aug 22
8-K
Regulation FD Disclosure
23 May 22
8-K
Regulation FD Disclosure
25 Mar 22
8-K
Regulation FD Disclosure
17 Sep 21
8-K
Departure of Directors or Certain Officers
27 Aug 21
8-K
Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
2 Jul 21
Latest ownership filings
5
Peter K. Ghishan
12 Feb 21
5
Joseph F. Jr. Cunningham
12 Feb 21
3
Munish Bansal
5 Oct 20
3
ERNEST J SCHEIDEMANN
15 May 20
4
Stephen Goodwin
22 Jan 20
3
Stephen Goodwin
23 Dec 19
3
Stephen Goodwin
23 Dec 19
SC 13D/A
FTE Networks, Inc.
23 Dec 19
SC 13D/A
FTE Networks, Inc.
23 Dec 19
SC 13D/A
FTE Networks, Inc.
21 Nov 19
Financial summary
Quarter (USD) | Sep 18 | Jun 18 | Mar 18 | Sep 17 | |
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Diluted EPS |
Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 776.00 k | 776.00 k | 776.00 k | 776.00 k | 776.00 k | 776.00 k |
Cash burn (monthly) | 110.00 k | 588.25 k | 7.00 mm | 2.50 mm | 4.29 mm | 2.37 mm |
Cash used (since last report) | 7.33 mm | 39.18 mm | 466.39 mm | 166.78 mm | 285.89 mm | 158.19 mm |
Cash remaining | -6.55 mm | -38.41 mm | -465.61 mm | -166.00 mm | -285.12 mm | -157.41 mm |
Runway (months of cash) | -59.6 | -65.3 | -66.5 | -66.3 | -66.4 | -66.3 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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