| Business Summary | | M-Wave,
Inc.,
through
its
wholly
owned
subsidiary
Poly
Circuits,
Inc.,
is
a
value-added
service
provider
of
high
performance
printed
circuit
boards
used
in
a
variety
of
telecommunications
applications
for
wireless
and
internet
communications.
The
Company's
printed
circuit
boards
and
bonded
assemblies
are
used
in
wireless
communication
systems
and
other
devices
and
equipment
operating
in
the
microwave
frequency
spectrum
of
800
MHz
and
above.
These
devices
and
equipment
include
cellular
power
amplifiers,
global
positioning
satellite
systems
and
personal
communication
networks.
Many
of
the
Company's
printed
circuit
boards
are
Teflon
based
and
are
advantageous
for
microwave
systems
because
of
their
extremely
low
power
losses,
coupled
with
stable,
predictable
electrical
characteristics. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | M-Wave,
Inc.,
through
its
subsidiaries
Poly
Circuits
Inc.
and
P
C
Dynamics
Corp.
manufactures
microwave
frequency
components
(MFC)
and
high
frequency
circuit
boards
(HFCB)
using
Teflon
based
laminates
(TBL).
For
the
three
months
ended
3/31/01,
net
sales
totalled
$22.5
million,
up
from
$5.4
million.
Net
income
totalled
$2.1
million,
up
from
$168
thousand.
Revenues
reflect
Virtual
Maunfacturing
sales.
Earnings
also
reflect
a
decrease
in
general
and
administrative
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
15,449;
after
tax
earnings
were
773. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Joseph Turek, 43 Chairman
and CEO | $300K | -- | Paul Schmitt, 54 Sec.
and Treasurer | 221K | $63K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|