Network-1 Technologies, Inc.

NTIP US

NTIP USNetwork-1 Technologies, Inc.

United States Composite

1.64

USD

-0.01

(-0.61%)

-0.07EPS Dil.

-23.43P/E

39.36MMarket Cap

6.10%Div. Yield

Next Earnings

November 2

Ex-Dividend Date

September 18

Dividend Date

September 29

Held by Insiders

39.37%

Held by Institutions

22.20%

Short % of Float

0.02%

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	0.29	0.34	0.31	0.49	0.7	2.79	0.68	0.93	0.13	0.18	1.49	- -	0.11	0.09
Basic EPS, GAAP	0.33	0.1	0.04	0.07	0.17	1	0.17	0.32	-0.07	-0.07	0.59	-0.1	-0.06	-0.07
Free Cash Flow per Basic Share	0.08	0.1	-0.24	0.22	0.23	1.28	0.19	0.33	-0.03	-0.03	0.8	-0.27	0.01	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Book Value per Share	-1.21	-1.14	-1.17	-1.4	-1.4	-0.4	-0.42	-0.29	-0.52	-0.7	-0.26	-0.5	-0.71	-0.81
Tangible Book Value per Share	1.09	1.14	0.99	0.96	1.15	2.17	2.19	2.37	2.15	1.97	2.47	2.24	2.1	2
Basic Weighted Avg Shares	26	26	26	25	24	23	24	24	24	24	24	24	24	24
Sales/Revenue/Turnover	7	9	8	12	17	65	16	22	3	4	36	- -	3	2
Operating Margin (%)	20.72	38.32	19.02	29.43	23.71	50.09	36.56	41.47	-77.51	-54.8	54.36	- -	-85.93	-115.16
Depreciation Expense	- -	- -	1	2	2	1	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	8	3	1	2	4	23	4	8	-2	-2	14	-2	-1	-2
Effective Tax Rate (%)	- -	22.12	34.91	34.81	- -	27.79	33.65	23.05	- -	- -	22.59	- -	- -	- -
Profit Margin (%)	114.8	30.19	12.67	14.35	24.79	35.68	25.12	34.86	-59.01	-38.81	39.64	- -	-56.02	-84.98
Working Capital	20	23	20	18	22	51	52	53	47	43	56	47	45	43
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	27	29	31	27	29	53	54	58	54	49	60	55	51	48
Return on Invested Capital (%)	- -	9.21	3.32	8.18	- -	57.72	7.44	12.51	- -	- -	27.01	- -	- -	- -
Return on Capital (%)	- -	-8.85	-3.42	-5.49	- -	-110.62	-42.51	-91.49	- -	- -	-123.42	- -	- -	- -
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Capital Structure

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in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	- -	- -	-92.78%
Net Income, GAAP	-54.11%	-243.43%	-37.36%
Free Cash Flow	-342.34%	-733.29%	-105.1%
Total Cash Common Dividend	- -	-0.58%	-3.34%
Total Equity	7.79%	-2.05%	-8.02%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Mr. Corey M. Horowitz J.D.
Full Time Employees: 2
Sector: Industrials
Industry: Specialty Business Services
Address: 65 Locust Avenue New Canaan CT United States 06840
IPO Date: Nov 24, 2003
Website: www.network-1.com
Business: Network-1 Technologies, Inc. develops, licenses, and protects intellectual property assets. The company owns 97 patents, including the Cox patent portfolio relating to enabling technology for identifying media content on the Internet; M2M/IoT patent portfolio related to enabling technology for authenticating, provisioning, and using embedded sim technology in next generation IoT, machine-to-machine, and other mobile devices, including smartphones, tablets, and computers, as well as automobiles and drones; and HFT patent portfolio covering technologies relating to high frequency trading that addresses technological problems associated with speed and latency, and provide critical latency gains in trading systems. Its patents also comprise the Mirror Worlds patent portfolio relating to foundational technologies that enable unified search and indexing, displaying, and archiving of documents in a computer system; and the remote power patent covering the delivery of power over Ethernet cables for the purpose of remotely powering network devices, such as wireless access ports, IP phones, and network-based cameras. The company was formerly known as Network-1 Security Solutions, Inc. and changed its name to Network-1 Technologies, Inc. in October 2013. Network-1 Technologies, Inc. was incorporated in 1990 and is headquartered in New Canaan, Connecticut.

Company News

GuruFocus.com
a month ago
Network-1 Reports First Quarter 2024 Results

Year	Q1	Q2	Q3	Q4	FY
2022	- -	- -	- -	- -	- -
2023	1	- -	- -	2	3
2024	- -	- -	- -	- -	- -

	Sep'23	Dec'23	Mar'24
ST Debt	- -	- -	- -
LT Borrowings	- -	- -	- -
LT Finance Leases	- -	- -	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	24	24	24
Market Capitalization	58	49	48

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	0.29	0.34	0.31	0.49	0.7	2.79	0.68	0.93	0.13	0.18	1.49	- -	0.11	0.09
Basic EPS, GAAP	0.33	0.1	0.04	0.07	0.17	1	0.17	0.32	-0.07	-0.07	0.59	-0.1	-0.06	-0.07
Free Cash Flow per Basic Share	0.08	0.1	-0.24	0.22	0.23	1.28	0.19	0.33	-0.03	-0.03	0.8	-0.27	0.01	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Book Value per Share	-1.21	-1.14	-1.17	-1.4	-1.4	-0.4	-0.42	-0.29	-0.52	-0.7	-0.26	-0.5	-0.71	-0.81
Tangible Book Value per Share	1.09	1.14	0.99	0.96	1.15	2.17	2.19	2.37	2.15	1.97	2.47	2.24	2.1	2
Basic Weighted Avg Shares	26	26	26	25	24	23	24	24	24	24	24	24	24	24
Sales/Revenue/Turnover	7	9	8	12	17	65	16	22	3	4	36	- -	3	2
Operating Margin (%)	20.72	38.32	19.02	29.43	23.71	50.09	36.56	41.47	-77.51	-54.8	54.36	- -	-85.93	-115.16
Depreciation Expense	- -	- -	1	2	2	1	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	8	3	1	2	4	23	4	8	-2	-2	14	-2	-1	-2
Effective Tax Rate (%)	- -	22.12	34.91	34.81	- -	27.79	33.65	23.05	- -	- -	22.59	- -	- -	- -
Profit Margin (%)	114.8	30.19	12.67	14.35	24.79	35.68	25.12	34.86	-59.01	-38.81	39.64	- -	-56.02	-84.98
Working Capital	20	23	20	18	22	51	52	53	47	43	56	47	45	43
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	27	29	31	27	29	53	54	58	54	49	60	55	51	48
Return on Invested Capital (%)	- -	9.21	3.32	8.18	- -	57.72	7.44	12.51	- -	- -	27.01	- -	- -	- -
Return on Capital (%)	- -	-8.85	-3.42	-5.49	- -	-110.62	-42.51	-91.49	- -	- -	-123.42	- -	- -	- -
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

	Sep'23	Dec'23	Mar'24
Total Current Assets	45	46	44
Accounts Receivable, Net	- -	- -	- -
Cash, Cash Equivalents & STI	45	45	43
Inventories	- -	- -	- -
Total Current Liabilities	1	1	1
Payables & Accruals	1	1	- -
ST Debt	- -	- -	- -
Deferred Revenue	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	0.05	- -	0.05	- -	0.1
2023	0.05	- -	0.05	- -	0.1
2024	0.05	- -	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	-0.05	-0.06	0.09	-0.07	-0.1
2023	-0.03	-0.02	-0.03	0.02	-0.06
2024	-0.04	- -	- -	- -	- -