Overview
Hypernetics, div of
Plaintree Systems makes money out of thin air. The company makes infrared transceivers (WAVEBRIDGE) used to build line-of-site wireless networks. Its products are designed for use by ISPs, mobile communication service operators, and universities. Plaintree's products have been used by the BBC to broadcast the chimes of Big Ben at midnight on New Year's Eve and by the Athens Olympics to help produce and broadcast the opening and closing ceremonies.
...
Read More The company, which is majority owned by the Targa Group, was founded in 1988 as a network switch manufacturer.
Read Less
Read More The company, which is majority owned by the Targa Group, was founded in 1988 as a network switch manufacturer.
Read Less
William David Watson II
See more contacts
Foundation, Structure, and Building Exterior Contractors
,
Iron and Steel Mills and Ferroalloy Manufacturing
,
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
,
Semiconductor and Other Electronic Component Manufacturing
,
Aerospace Product and Parts Manufacturing
See All Industries , Structural steel erection , Bar, rod, and wire products , Airspeed instrumentation (aeronautical instruments) , Electronic components, nec Aircraft assemblies, subassemblies, and parts, nec
See Fewer Industries
See All Industries , Structural steel erection , Bar, rod, and wire products , Airspeed instrumentation (aeronautical instruments) , Electronic components, nec Aircraft assemblies, subassemblies, and parts, nec
See Fewer Industries
Building Equipment Contractors
,
Building Finishing Contractors
,
Highway, Street, and Bridge Construction
,
Land Subdivision
,
Nonresidential Building Construction
,
Other Heavy and Civil Engineering Construction
,
Other Specialty Trade Contractors
,
Residential Building Construction
View more Utility System Construction
View fewer
View more Utility System Construction
View fewer
?
?
?
Actual
?
Actual
$17.90 million
Actual
21.37%
$14
MAR
?
?
OTC:PTEEF
Contacts
Get in Touch with 6 Principals* and 5 Contacts
-
William David Watson IIPresident and Member of the Board of Directors
-
Contact 2?
-
Contact 3?
-
Contact 4?
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of March 31, 2024 (12 month period) in USD
Annual Revenue 2024
$17.90 million
USD
Actual
1 USD = 1.3524 CAD
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $1 | -$0 | $1 |
| Net Investing Cash | -$0 | -$0 | -$1 |
| Net Financing Cash | -$1 | -$1 | -$1 |
| Net Change in Cash | -$1 | -$2 | -$0 |
| Cash at Beginning of Period | -$1 | $1 | $2 |
| Cash at End of Period | -$1 | -$1 | $1 |
| Capital Expenditure | -$0 | -$0 | -$0 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $ | $ | $1 |
| Accounts Receivable | $2 | $2 | $2 |
| Inventories | $3 | $3 | $2 |
| Other Current Assets | $2 | $2 | $2 |
| Asset Summary | |||
| Total Current Assets | $7 | $7 | $7 |
| Tangible Fixed Assets | $4 | $4 | $6 |
| Intangible Assets | $1 | $1 | $1 |
| Total Assets | $15 | $16 | $18 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $1 | $1 | $1 |
| Short-Term Debt | $2 | $3 | $3 |
| Other Current Liabilities | $2 | $3 | $2 |
| Liability Summary | |||
| Total Current Liabilities | $5 | $7 | $6 |
| Long-Term Debt | $1 | $ | $2 |
| Other Long-Term Liabilities | $0 | $ | $ |
| Total Liabilities | $10 | $12 | $12 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $0 | $0 | $0 |
| Retained Earnings | -$1 | -$2 | -$0 |
| Equity Summary | |||
| Total Equity | $1 | -$0 | $1 |
| Shares Outstanding | 12,925,253 | 12,925,253 | 12,925,253 |