The fourth quarter saw an increase in customer demand for
CEO
"In our commercial negotiations we have started to engage customers from a new market segment compared to those we signed so far in 2021. In the fourth quarter we expanded our engagement to sign agreements - and form a consortium - with some of the world's largest terrestrial LoRaWAN® IoT operators such as
The Wyld team continue to make terrific progress as we complete the foundations for a successful commercial launch of our satellite IoT solution planned for later this year. As a leading virtual satellite network operator, we are well positioned to leverage on the growing customer needs in global IoT connectivity."
Financial summary, 2021
- Total income, SEK k
Q4: 3,227 (1,167)
Full year: 6,529 (5,797) - EBIT, SEK k
Q4: -4,230 (-4,050)
Full year: -26,387* (-9,777) - Earnings per share, SEK
Q4: -0,51 (-1,44)
Full year: -3,19 (-3,47)
* Includes one-off costs of
Significant events during Q4
Wyld Networks strengthened its technical and commercial position, protecting its IP and brand, with a published patent application for its cutting-edge technology and secured trademarks for the Wyld brand.- The company joined the LoRa Alliance®, the global association of companies backing the open LoRaWAN® standard for the Internet of Things (IoT), to ensure the company participates in the standardisation process within the industry for its solutions.
Wyld Networks entered a partnership with the acoustic technology innovator AgriSound to develop solutions to aid in the maintenance and optimization of the pollination environment.Navigator Group of Companies andWyld Networks initiated a partnership through which Navigator will pilot Wyld's satellite IoT connectivity ahead of the commercial launch of Wyld Connect.-
The company partnered with
Glas Data and Overbury Enterprises to deploy satellite-connected soil moisture and water flow IoT sensors. The collaboration aims to deliver and visualise critical data to meet Overbury's digitisation targets and to showcase economic and environmental sustainability benefits of IoT in agriculture.
Significant events after Q4
Wyld Networks announced it has partnered withEutelsat Communications , Senet, and TrakAssure, forming a global consortium to bring integrated and interoperable terrestrial and satellite LoRaWAN® IoT connectivity to customers across the globe.-
The company entered a partnership with
American Tower to deploy the Wyld Connect solution inBrazil . The companies will implement a pilot of Wyld Connect in advance of a commercial agreement. Wyld Networks announced a partnership with Treevia to deploy its IoT sensor-to-satellite technology with Treevia SmartForest solution, a digital platform for automated management of forest operations.- A partnership with US-based Agrology was entered to deploy Wyld's satellite IoT solution to combine affordable satellite IoT and predictive data analytics for agriculture.
Wyld Networks entered a partnership with Snow Acres to bring satellite-connected data to Snow Acre's remote soil moisture sensing technology.- Wyld and TrakAssure formed a partnership to offer global LoRaWAN® satellite based IoT connectivity for asset tracking solutions.
- An agreement was signed with Axceta, a Canadian specialist IoT hardware and software company, to offer satellite connectivity for IoT solutions to enable 100% global wireless coverage.
The Interim Report is available to download at
For further information, please contact:
E-mail: alastair.williamson@wyldnetworks.com
Tel: +44 7 824 997 689
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