Company Quick10K Filing
UTStarcom Holdings
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 36 $96
20-F 2019-04-17 Annual: 2018-12-31
20-F 2018-04-16 Annual: 2017-12-31
20-F 2017-11-14 Annual: 2016-12-31
20-F 2016-04-22 Annual: 2015-12-31
20-F 2015-05-19 Annual: 2014-12-31
20-F 2014-04-18 Annual: 2013-12-31
20-F 2013-04-26 Annual: 2012-12-31
20-F 2012-04-27 Annual: 2011-12-31
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-03-16 Annual: 2010-12-31
10-Q 2010-11-08 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-K 2010-03-15 Annual: 2009-12-31

UTStarcom Holdings Financials

UTSI Metrics, Comps, Filings

Annual | Quarterly

Business

On March 31, 2017, we received a preliminary non-binding proposal letter dated March 31, 2017 from Shah Capital Opportunity Fund LP, Himanshu H. Shah, Mr. Lu and his affiliates, and Tenling Ti, to acquire all of our outstanding shares not currently owned by them in a going private transaction for $2.15 per ordinary share in cash, subject to certain conditions. Our Board of Directors had formed a special committee consisting of two independent and disinterested directors, Sean Shao and Xiaoping Li to consider the proposal.

On October 24, 2017, the special committee of our board of directors received a notice from Shah Capital Opportunity Fund LP, Himanshu H. Shah, Hong Liang Lu and certain of his affiliates and Tenling Ti to withdraw the preliminary non-binding take-private proposal.

Our ordinary shares are traded on NASDAQ under the same ticker symbol "UTSI," under which UTStarcom, Inc.'s common stock had previously traded. Our registered office in the Cayman Islands is located at the offices of Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands. Our telephone number at this address is +1 (345) 949 8066. Our agent for service of process in the United States is CT Corporation System and its address is 208 LaSalle Ave, Suite 814, Chicago IL 60604, USA. Our principal executive offices are located at Level 6, 28 Hennessy Road, Admiralty, Hong Kong. We can be reached by telephone at +852-3951-9757.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Clearfield (CLFD) 177,201 38% 20.6 6% 77,423 4,452 83,539 32,001 4,560 8,315 171,170
RigNet (RNET) 175,925 39% -10.7 -29% 244,373 199,041 178,086 69,169 -70,568 -25,651 274,540
Magal Security Systems (MAGS) 132,740 0% 119,171 36,200 0 0 0 0 90,940
ID Systems (IDSY) 103,917 49% 21.3 6% 60,412 32,552 54,761 27,010 3,456 4,477 95,512
UTStarcom Holdings (UTSI) 96,245 0% 177,435 75,269 0 0 0 0 22,545
Alaska Communications Systems (ALSK) 95,548 54% 4.7 1% 539,459 369,655 231,222 124,105 3,799 52,522 248,042
FTE Networks (FTNW) 94,470 14% -2.2 -31% 158,877 164,442 378,340 52,113 -49,263 -40,289 90,162
Windstream Holdings (WIN) 91,160 13% -7.5 -27% 10,857,200 12,050,100 5,579,400 721,600 -2,910,900 -737,900 5,514,660
Internet Gold Golden Lines (IGLD) 75,889 0% 19,514,000 19,350,000 0 0 0 0 75,889
Houston Wire & Cable (HWCC) 75,236 24% 4.9 4% 226,051 120,703 348,576 84,168 8,010 15,308 75,236
Frankly (TLK) 64,297 37% -2.8 -473% 6,244 29,408 17,577 6,582 -29,528 -22,156 61,408
Global Eagle Entertainment (ENT) 55,576 19% -6.6 -33% 702,929 1,003,459 648,721 123,144 -228,473 -127,368 835,020
Otelco (OTEL) 39,631 53% 4.6 7% 117,732 102,902 63,865 33,633 8,560 23,312 106,664
Remark Holdings (MARK) 38,749 68% -4.5 -88% 25,451 42,350 64,001 43,627 -22,510 -8,131 36,678
Clearone (CLRO) 36,788 44% -4.6 -31% 55,907 7,871 26,621 11,665 -17,125 -7,458 34,436
Asia Pacific Wire & Cable (APWC) 35,240 0% 305,798 83,982 0 0 0 0 35,240
Communications Systems (JCS) 27,678 37% 5.5 1% 54,076 9,302 66,074 24,279 724 2,505 13,900
Optical Cable (OCC) 24,839 27% -9.7 -13% 41,518 19,662 73,348 20,025 -5,363 -3,097 29,963
Westell Technologies (WSTL) 21,792 40% 0.2 -29% 47,233 8,139 39,535 15,675 -13,500 -13,454 -2,285
Sunworks (SUNW) 16,959 15% -2.6 -24% 29,014 22,105 65,447 9,940 -6,837 -6,449 16,789

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash301,626179,584107,77377,82477,05083,92279,74973,700
Accounts Receivable20,16815,00023,26016,69017,93618,32916,91160,666
Inventory34,26226,02823,35520,65917,47022,57717,13926,388
PP&E12,1998,86668,5073,0371,5101,6101,7141,258
Assets600,940243,426366,967121,86399,11993,973101,817177,435
Accounts Payable23,53027,58424,9536,5348,84111,23210,82550,757
Long-Term Debt
Liabilities329,901271,435216,5876,5348,84111,23210,82575,269
Stockholders' Equity264,638215,842150,380115,32990,27882,74190,992102,166
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue35,08326,04023,301029,74286,51298,292115,944
Cost of Revenue27,77922,71624,33122,30423,34416,68414,51083,676
Gross Profit114,33468,15840,22022,128028,35633,14632,268
R&D30,12328,13114,520008,5029,85312,745
SG&A63,8572,31537,62624,51592867185215,156
Tax2,9182,3921,6005,10003,3112,012-378
Net Income11,777-35,579-22,730-30,264-20,6571326,9814,820
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-41,717-25,618-1,915-15,612-11,6365,7323,838-26,106
Cash Investing-10,761-82,748-28,890-5,77617,4247,263-10,0962,245
Cash Financing-6,177-8,842-30,680-4,968-3,656-4,400-27-2,424