Company Quick10K Filing
Borqs Technologies
20-F 2018-12-31 Filed 2020-02-04
10-Q 2018-09-30 Filed 2018-11-19
10-Q 2018-06-30 Filed 2018-08-14
10-Q 2018-03-31 Filed 2018-05-15
S-1 2018-02-14 Public Filing
10-K 2017-12-31 Filed 2018-04-02
10-Q 2017-09-30 Filed 2017-11-20
10-K 2017-06-30 Filed 2017-08-17
10-Q 2017-03-31 Filed 2017-05-16
10-Q 2016-12-31 Filed 2017-02-14
10-Q 2016-09-30 Filed 2016-11-14
10-K 2016-06-30 Filed 2016-09-28
10-Q 2016-03-31 Filed 2016-05-16
10-Q 2015-12-31 Filed 2016-02-16
10-Q 2015-09-30 Filed 2015-11-30
8-K 2019-03-04 Officers, Other Events
8-K 2019-01-02 Officers
8-K 2018-12-15 Enter Agreement, Off-BS Arrangement, Sale of Shares, Shareholder Vote, Other Events, Exhibits
8-K 2018-11-29 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2018-10-17 Regulation FD, Exhibits
8-K 2018-10-01
8-K 2018-09-11
8-K 2018-08-31 Enter Agreement, Off-BS Arrangement
8-K 2018-08-14 Earnings, Exhibits
8-K 2018-07-25 Regulation FD, Exhibits
8-K 2018-07-20 Regulation FD, Exhibits
8-K 2018-05-15 Earnings, Exhibits
8-K 2018-05-08 Regulation FD, Exhibits
8-K 2018-04-30 Enter Agreement, Off-BS Arrangement
8-K 2018-04-02 Earnings, Exhibits
8-K 2018-01-18 Enter Agreement, Exhibits
8-K 2018-01-10 Enter Agreement, Exhibits
8-K 2018-01-01 Officers, Exhibits

Borqs Technologies Financials

BRQS Metrics, Comps, Filings

Quarterly | Annual

Business

Borqs Technologies, Inc. (“we”, “the Company” or “Borqs”) is a global leader in software, development services and products providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. We are a leading provider of commercial grade Android platform software for mobile chipset manufacturers, mobile device OEMs and mobile operators, as well as complete product solutions of mobile connected devices for enterprise and consumer applications.

Our Connected Solutions business unit works closely with chipset partners to develop new connected devices. Borqs developed the reference Android software platform and hardware platform for Intel and Qualcomm phones and tablets. We provide Connected Solutions customers with customized, integrated, commercial grade Android platform software and service solutions to address vertical market segment needs through the targeted BorqsWare software platform solutions. The BorqsWare software platform consists of BorqsWare Client Software and BorqsWare Server Software. The BorqsWare Client Software platform has been used in Android phones, tablets, watches and various Internet-of-things (“IoT”) devices. The BorqsWare Server Software platform consists of back-end server software that allows customers to develop their own mobile end-to-end services for their devices.

Our MVNO business unit provides a full range 2G/3G/4G voice and data services for general consumer usage and IoT devices, as well as traditional telecom services such as voice conferencing, and acts as a sales and promotion channel for the products developed by the Connected Solutions BU.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Pareteum (TEUM) 265,733 58% -42.3 -5% 246,868 77,209 65,196 37,706 -13,315 -6,173 261,250
Aerohive Networks (HIVE) 255,313 64% -10.3 -16% 140,338 129,591 149,721 96,408 -22,922 -19,569 201,946
Synchronoss (SNCR) 248,009 37% -1.7 -38% 515,962 431,375 300,263 110,203 -198,635 -131,850 228,795
Ooma (OOMA) 234,544 58% -13.4 -21% 78,725 51,297 110,945 64,793 -16,507 -16,573 222,856
Castlight Health (CSLT) 212,723 61% -6.4 -13% 246,793 66,494 148,961 91,466 -32,295 -27,927 179,077
Borqs Technologies (BRQS) 162,777 14% 88.0 -8% 127,804 78,487 186,428 26,728 -9,828 1,962 172,669
Travelzoo (TZOO) 138,290 90% 10.5 12% 53,582 41,184 111,576 100,013 6,318 11,965 125,377
Fang Holdings (SFUN) 119,812 0% 1,824,436 1,229,236 0 0 0 0 346,002
Park City Group (PCYG) 114,695 70% 24.5 6% 53,095 10,222 20,028 14,098 3,114 3,964 97,245
Leaf Group (LEAF) 114,276 24% -7.4 -26% 81,748 31,370 109,857 26,126 -21,533 -13,707 101,465
Asure Software (ASUR) 102,712 30% 21.5 -3% 335,426 241,777 162,037 48,559 -11,217 9,758 210,148
Veritone (VERI) 88,991 65% -0.9 -40% 118,374 67,576 37,200 24,009 -47,194 -44,657 38,647
Innovative Solutions & Support (ISSC) 78,274 56% 24.3 5% 38,557 2,349 17,573 9,896 1,850 2,303 55,857
Nanthealth (NH) 76,328 57% -0.8 -36% 278,416 324,993 94,633 53,762 -100,136 -82,761 65,866
Computer Task Group (CTG) 68,820 5% 11.1 -2% 152,363 86,135 387,979 17,738 -2,805 5,220 58,127
Rumbleon (RMBL) 63,045 6% -2.1 -26% 114,924 88,528 713,678 41,623 -30,150 -23,515 49,651
Realnetworks (RNWK) 60,907 43% -2.8 -12% 176,832 132,899 145,270 63,113 -20,541 -14,903 41,332
CSP (CSPI) 55,830 23% -230.0 -1% 59,369 28,941 79,061 18,026 -371 -167 38,415
GreenPro Capital (GRNQ) 47,063 65% -79.3 -9% 8,648 4,810 3,316 2,150 -775 -583 46,205
Mind CTI (MNDO) 45,186 0% 25,978 4,996 0 0 0 0 42,383

Balance Sheet ($'000)2015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-30
Cash26762148846231764139631915,97813,0603,0261,3051,330
Accounts Receivable51,65165,72039,85633,27929,887
Inventory17,93817,03120,78414,11910,975
PP&E8,2428,5428,9318,5258,199
Assets41360,52860,47860,42660,29260,61660,26653,900119,875148,828136,376133,627127,804
Accounts Payable18,25049,69016,67111,65811,988
Long-Term Debt14,41818,08010,01012,09511,222
Liabilities391451072702498659281,51173,881101,74683,19880,83878,487
Stockholders' Equity225,0005,0005,0005,0005,0005,0005,00045,99447,08253,17853,23849,526
Income Statement ($'000)2015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-30
Revenue44,86443,54158,25656,33928,292
Cost of Revenue35,91549,07449,40048,63024,450
Gross Profit8,9496,3218,8567,7093,842
R&D4,540-9178891,452908
SG&A100001000015,85622,4724,7783,9253,807
Tax581,2781,183-146396
Net Income-3-62-112-215-112-292-1,078-283-11,565-11,0131,3872,008-2,210
Cash Flow ($'000)2015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-30
Cash Operating-3-124-133-116-176-210-503-134-9,558-14,0146888644,421
Cash Investing001856,343-6,476-8,305-262-2,291-1,944
Cash Financing27060,2780903253374-6,28527,72931,222-11,030953-1,017