Vislink Q4 2021 Earnings Report
Key Takeaways
Vislink reported a strong Q4 2021 with revenue reaching $11 million, a 64% increase over the prior year, and new bookings growing over 100% in 2021 compared to 2020. The company ended the year with two consecutive quarters of positive cash flow and finalized the acquisition of Mobile Viewpoint.
Revenue for Q4 2021 reached $11 million, a 64% increase over the prior year.
New bookings grew over 100% in 2021 compared to the corresponding period in 2020.
The company ended the year with two consecutive quarters of positive cash flow, exclusive of non-recurring items.
Vislink finalized the acquisition of Mobile Viewpoint and completed its integration into Vislink’s operations.
Vislink
Vislink
Forward Guidance
Vislink foresees expanding growth opportunities in the sports, media and entertainment sectors, with potential for significant opportunities in large-scale surveillance and reconnaissance projects in the MilGov space. The company believes it is well-positioned to capitalize on opportunities across its key markets throughout 2022, with the goal of realizing profitable and sustainable growth.
Positive Outlook
- Expanding growth opportunities in the sports, media and entertainment sectors.
- 5G and AI-powered solutions have the potential to drive the creation, distribution and monetization of completely new event content.
- Potential for significant opportunities in large-scale surveillance and reconnaissance projects in the MilGov space.
- Real-time video transmission capabilities deliver the actionable information and situational awareness required by law enforcement and defense personnel.
- Well-positioned to capitalize on opportunities across key markets throughout 2022.