AirNet Technology Inc. (ANTE)
AirNet Technology Inc. operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Beijing, CN. The stock last traded at $3.48, down 6.45% on the session, giving a market capitalisation of $28.0M. On trailing twelve-month figures it carries a trailing P/E of -2.05, a net margin of -3979.9%. Its beta of 1.59 implies it has historically moved more than the broad market.
AirNet Technology Inc., headquartered in Beijing, China, and established in 2005 (initially known as AirMedia Group Inc.), operates across two primary business segments: its Air Travel Media Network and cryptocurrency mining. Through its Air Travel Media Network, the company delivers a comprehensive suite of in-flight solutions for passengers, encompassing internet connectivity, diverse entertainment choices, and digital multimedia offerings. It curates and broadcasts a wide array of content for air travelers, including sports, comedic shows, local interest features, reality television, critical commentaries, and documentaries. Furthermore, AirNet markets advertising slots on digital screens aboard aircraft and facilitates the display of various media content throughout the air travel experience. A significant component of its media division is the CIBN-AirNet channel, which brings network television programming directly to passengers. Beyond its media endeavors, AirNet Technology Inc. also actively participates in the cryptocurrency mining industry.
AirNet Technology Inc. is most often compared with the following Communication Services names: