Last $0.12 USD
Change Today 0.00 / 0.00%
Volume 0.0
RMLX On Other Exchanges
Symbol
Exchange
OTC US
OTC US
As of 8:10 PM 09/29/14 All times are local (Market data is delayed by at least 15 minutes).

roomlinx inc (RMLX) Snapshot

Open
$0.12
Previous Close
$0.12
Day High
$0.12
Day Low
$0.12
52 Week High
03/18/14 - $0.40
52 Week Low
11/7/13 - $0.03
Market Cap
769.4K
Average Volume 10 Days
25.0
EPS TTM
$-0.30
Shares Outstanding
6.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ROOMLINX INC (RMLX)

Related News

No related news articles were found.

roomlinx inc (RMLX) Related Businessweek News

No Related Businessweek News Found

roomlinx inc (RMLX) Details

Roomlinx, Inc. sells, installs, and services in-room media and entertainment solutions for hotels, resorts, and time share properties in the United States, Canada, and internationally. The company operates in two segments, Hospitality and Residential. Its in-room media and entertainment products and services include proprietary Interactive TV platform that integrates the TV and Internet experience; video-on-demand services comprising first non-theatrical release Hollywood motion pictures, adult, and specialty content; and hotel satellite television programming services for delivery and viewing of high definition and standard definition television programming for hotels, resorts, and time share properties. The company also provides wired networking solutions and wireless fidelity networking solutions for high speed Internet access at hotels, resorts, and timeshare locations; and telecommunication services, such as telephone, satellite television, and wired and wireless Internet access to residential and business customers. As of December 31, 2013, it serviced approximately 64,000 revenue generating units (RGUs) within the hospitality sector, and 14 residential communities and small businesses representing an additional 3,600 RGUs. The company was founded in 1998 and is headquartered in Broomfield, Colorado.

38 Employees
Last Reported Date: 03/31/14
Founded in 1998

roomlinx inc (RMLX) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $200.0K
Chief Operating Officer
Total Annual Compensation: $150.0K
Executive Vice President of Sales & Marketing
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2013.

roomlinx inc (RMLX) Key Developments

RoomLinX Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2014

RoomLinX Inc. announced earnings results for the second quarter ended June 30, 2014. For the quarter, the company reported recurring monthly hospitality revenue increased 10% over the same period in 2013 while total revenue decreased 19% to $1.9 million compared to 2013. This decrease was primarily related to the decrease in new equipment and installation revenue which approximated $396,000 for the quarter ended June 30, 2014. For the three months ended June 30, 2014, company reported a net loss of $0.26 million, compared to a net loss of $0.7 million for the three months ended June 30, 2013, a reduction of net loss of $0.44 million. The decrease in net loss is attributable to an increase in recurring monthly hospitality revenues and the effect of the cost reduction and containment program resulting in a decrease in operating costs of $0.3 million. Adjusted EBITDA improved $0.35 million to negative $44,000 for the quarter ended June 30, 2014 against negative $0.4 million for the same period in 2013. This improvement was due to the cost reduction and containment program implemented in 2013.

RoomLinx Inc. Appoints Karen Poppe to the Positions of Interim Chief Financial Officer and Interim Chief Principal Accounting Officer

On August 11, 2014, the board of directors of Roomlinx Inc. appointed Karen Poppe to the positions of Interim Chief Financial Officer and Interim Chief Principal Accounting Officer of Roomlinx, effective immediately. Ms. Poppe has 15 years of experience in management accounting, and has served as the interim controller of Roomlinx since June 2014. Prior to joining Roomlinx, from 2012 to 2014, Mr. Poppe was an accounting manager with Mark VII Equipment Inc. From 2009 to 2011, Ms. Poppe served as the controller of Mesa Laboratories Inc.

Alan Fine to Resign as Interim Chief Financial Officer and Interim Chief Principal Accounting Officer of Roomlinx, Inc., Effective July 3, 2014

On June 23, 2014, Mr. Alan Fine, the Interim Chief Financial Officer and Interim Chief Principal Accounting Officer of Roomlinx Inc., announced that he has decided to resign from his positions effective July 3, 2014. Mr. Fine noted that no disagreements with management or company practices or policies existed upon his resignation. Roomlinx has not yet appointed Mr. Fine's replacement as Chief Financial Officer or Chief Principal Accounting Officer. Roomlinx will immediately commence an executive search to replace Mr. Fine.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RMLX:US $0.12 USD 0.00

RMLX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CBS Corp $54.19 USD -0.13
Netflix Inc $453.29 USD +3.73
Seachange International Inc $7.10 USD +0.22
Swisscom AG SFr.542.50 CHF +2.50
Yahoo! Inc $41.00 USD +0.4801
View Industry Companies
 

Industry Analysis

RMLX

Industry Average

Valuation RMLX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ROOMLINX INC, please visit www.roomlinx.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.