PicoCELA
Builds enterprise mesh Wi-Fi systems with wireless backhaul and cloud management.
Something off on this page? Send us feedback.
Profile
Builds enterprise mesh Wi-Fi systems using PBE middleware, PCWL access points and PicoManager cloud software, earning revenue from equipment, subscriptions, maintenance and licenses. Reports one operating segment and sells mainly through distributors in Japan.
Combines the Linux-based PicoCELA Backhaul Engine (PBE), PCWL enterprise Wi-Fi access points, and the PicoManager cloud service to build multi-hop wireless networks where extensive LAN cabling is impractical. PCWL equipment provides hardware and edge computing, while PicoManager handles configuration, monitoring, mapping, and customer edge-software installation.
Sells equipment mainly through Japanese telecom-device distributors and IT consultancies, with subscriptions, maintenance, and PBE licenses supplying service and licensing revenue. Products and services were offered exclusively in Japan, while its profile lists a Fukuoka technology center and a Warsaw R&D center.
Relies on outsourced manufacturing and distributor delivery and installation. Its foundational technology includes patents exclusively licensed from Kyushu University.
Company facts
Key statistics
Year to date −22.9% · Average volume (30d) 433.9K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Fiscal year | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise |
|---|---|---|---|---|---|---|
| 2024 | — | −$1,676.40 | — | — | $784.4M | — |
Financial highlights
| 7 quarters | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $869.9K | $1.6M | $1.6M | $789.0K | $789.0K | $1.9M | |
| Gross profit | $464.8K | $857.2K | $857.2K | $451.7K | $451.7K | $935.6K | |
| Operating income | −$987.2K | −$409.8K | −$409.8K | −$906.1K | −$906.1K | −$2.0M | |
| Net income | −$992.8K | −$506.4K | −$506.4K | −$987.9K | −$987.9K | −$2.0M | |
| Diluted EPS | −$4.19 | −$1.05 | −$1.05 | −$1.25 | −$1.25 | −$0.06 | |
| Gross margin | 53.4% | 54.2% | 54.2% | 57.2% | 57.2% | 50.0% | |
| Operating margin | -113.5% | -25.9% | -25.9% | -114.8% | -114.8% | -106.6% |
Fiscal years (4-quarter sums)FY24 $4.9M
Revenue by product · FY25
Balance sheet, Sep 30, 2025Cash & short-term investments $3.4M · Total debt $1.8M · Total assets $6.9M · Shareholders' equity $3.0M
Dividends
No dividends on record.
Ownership
Shares outstanding 916.5K · Float 733.5K · 80.0% free float
A split settled inside the quarter being compared, so quarter-on-quarter change is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Citigroup Inc | 3.9K | 0.42% | 13F | May 11, 2026 |
| UBS Group AG | 1.0K | 0.11% | 13F | May 5, 2026 |
| Advisor Group Holdings, Inc. | 448 | 0.05% | 13F | May 15, 2026 |
| Morgan Stanley | 1 | 0.00% | 13F | May 15, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Cisco Systems
Enterprise Wi-Fi hardware and cloud management rival.
- Hewlett Packard Enterprise
Enterprise WLAN and cloud operations rival through Aruba.
- Belden
RUCKUS Wi-Fi and cloud management rival for dense venues.
- Nokia (ADR)
Carrier-grade microwave transport rival for wireless backhaul.
- Ericsson (ADR)
Mobile microwave transport rival in cable-sparing backhaul.
- NETGEAR
Lower-priced business Wi-Fi and cloud-management alternative.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| PicoCELA | $7.13 | −0.21% | $6.4M | — | — | 2.4 | — |
| Cisco Systems | $109.95 | +0.01% | $433.28B | 33.0 | 21.4 | 6.8 | +17.6% |
| Hewlett Packard Enterprise | $52.56 | +0.50% | $69.26B | 49.8 | 13.4 | 1.8 | +40.0% |
| Belden | $115.00 | −0.15% | $4.50B | 18.7 | 12.4 | 1.6 | +11.6% |
| Nokia (ADR) | $10.18 | −0.29% | $55.14B | 71.4 | 24.3 | 2.5 | +2.3% |
| Ericsson (ADR) | $9.91 | −0.35% | $32.67B | 12.9 | 20.2 | 1.4 | −6.7% |
| NETGEAR | $21.09 | −0.14% | $566.1M | — | 108.3 | 0.8 | −1.2% |
| Median | 33.0 | 20.8 | 1.7 | +7.0% |