BRQSF
Borqs Technologies, Inc.0.1300
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.77MP/E (TTM)
0.24Basic EPS (TTM)
0.55Dividend Yield
0%Recent Filings
8-K
Fong joins board; FPI status
Borqs Technologies appointed Heung Sang Addy Fong as director on March 4, 2019, filling the vacancy from Joseph Wong's January resignation over health issues; Fong, a finance veteran with 36 years experience including CFO roles and $53 million fundraising at Adlai Nortye, now chairs the Audit Committee. Board also determined foreign private issuer status as of June 30, 2018, easing proxy rules and reporting burdens. Lighter load ahead.
8-K
Borqs acquires 60% of KADI
Borqs closed its acquisition of 60% stakes in Shanghai KADI Machinery Technology and KADI HK on December 15, 2018, paying $4.6M cash (partly deferred) for the former and up to $9.75M in shares for the latter—tied to revenue/net income earn-outs through 2021. EV control modules now bolster the lineup. Shares risk forfeiture if targets miss.
8-K
Borqs secures loan, loses arbitration
Borqs Technologies entered a $2,572,213 interest-free loan agreement on November 29, 2018, with HHMC, due December 31, to settle prior procurement advances; BORQS Beijing pledged all equity and receivables, backed by company and CEO Pat Chan guarantees. Separately, an ICC arbitration award mandates $2.5M plus 9% interest and $1.73M fees to Samsung over royalty overpayments. Repayment talks ongoing. Risks mount fast.
10-Q
Q3 FY2018 results
Borqs posted Q3 net revenues of $28.3M, down 36% y/y yet up sharply q/q (derived) as hardware shipments resumed, while YTD revenues soared 46% y/y to $142.9M on Connected Solutions strength (85% of total). Gross margins slipped to 13.6% from 17.4% y/y amid lower volumes and mix shift, but operating income swung positive to $0.9M loss from $11.5M amid tamed expenses; net loss narrowed to $2.2M with $0.09 diluted EPS on 27.7M shares. Cash drained to $1.3M amid $6M op cash YTD but $11.7M net drop on $10M share repurchase prepayment; $17.1M debt in covenant breach, payable on demand. Yuantel MVNO held steady at 15% of revenues. Loan covenant breaches loom large.
IPO
Website
Employees
Sector
Industry
ARQQ
Arqit Quantum Inc.
24.73+0.38
BB
BlackBerry Limited
4.39+0.14
BOX
Box, Inc.
30.01+0.30
BTQ
BTQ Technologies Corp.
6.61+0.27
CALX
Calix, Inc
54.18+0.19
CLOQ
Cyberloq Technologies Inc.
0.17-0.02
KC
Kingsoft Cloud Holdings Limited
11.07+0.23
MQ
Marqeta, Inc.
4.92+0.10
MSFT
Microsoft Corporation
476.39+1.57
SNCR
Synchronoss Technologies, Inc.
8.36-0.02