Last $0.20 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 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

roomlinx inc (RMLX) Snapshot

Open
$0.20
Previous Close
$0.20
Day High
$0.20
Day Low
$0.20
52 Week High
03/18/14 - $0.40
52 Week Low
11/7/13 - $0.03
Market Cap
1.3M
Average Volume 10 Days
241.1
EPS TTM
$-0.36
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

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.

RoomLinX Inc. Announces Earnings Results for the First Quarter Ended March 31, 2014

RoomLinX Inc. announced earnings results for the first quarter ended March 31, 2014. For the first quarter of 2014, recurring monthly hospitality revenue increased 5.5% over the same period in 2013 while total revenue decreased 19% to $1.6 million compared to 2013. This decrease was primarily related to the decrease in new equipment and installation revenue which approximated $420,000 for the quarter ended March 31, 2014 against 2013. For the three months ended March 31, 2014, the company reported a net loss of $0.5 million, compared to a net loss of $1.3 million for the three months ended March 31, 2013, a reduction of net loss of $0.8 million. The decrease in net loss is attributable to an increase in revenues less direct costs approximating $0.2 million and the effect of cost reduction and containment program resulting in a decrease in operating costs of $0.6 million. Adjusted EBITDA improved $0.8 million to negative $250,000 for the quarter ended March 31, 2014 versus negative $1.05 million for the same period in 2013. This improvement was due to the cost reduction and containment program implemented in 2013.

RoomLinX Inc. Announces Revenue Results for the Fourth Quarter and Earnings Results for the Year Ended December 31, 2013

RoomLinX Inc. announced revenue results for the fourth quarter and earnings results for the year ended December 31, 2013. Total revenue in the fourth quarter of 2013 decreased 70% to $2.2 million, down from $7.3 million in the fourth quarter of 2012. Install volume was the primary driver representing a $5.4 million decrease from the fourth quarter of 2012. In 2013, total revenue decreased 27% to $9.4 million from $13.0 million. Total 2013 adjusted EBITDA improved $3.3 million to negative $1.4 million for the year ending 2013 versus negative $4.7 million for the year ending 2012. This improvement was due to the cost reduction and containment program implemented at the beginning of 2013.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RMLX:US $0.20 USD 0.00

RMLX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Netflix Inc $425.38 USD -2.52
Seachange International Inc $7.85 USD -0.17
Swisscom AG SFr.514.00 CHF +0.50
Tivus Inc $0.0001 USD 0.00
Yahoo! Inc $36.17 USD +1.46
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.