High Wire Networks Inc (HWNI)

[kai-zen]

ADEX accounted for 47% of ICLDs total revenue in 2016 according to ICLDs most recent 10-k

Here you go:

https://backend.otcmarkets.com/otcapi/company/sec-filings/11929210/content/html

Our three reportable segments are applications and infrastructure, professional services and managed services. Professional services is comprised of the ADEX entities, applications and infrastructure is comprised of TNS, Tropical, AW Solutions and RM Engineering

The table below summarizes the revenues for each of our reportable segments in the years ended December 31, 2016 and 2015.

Year ended December 31,
2016 2015
Revenue from:
Applications and infrastructure $22,173 $21,263
Professional services $36,937 $26,655
Managed services $18,890 $26,190

As a percentage of total revenue:
Applications and infrastructure 29 % 29 %
Professional services 47% 36 %
Managed services 24 % 35 %

Year ended December 31,
2016 2015
Applications and infrastructure
Cost of revenue $18,541 $14,879
Gross margin $3,632 $6,384
Gross profit percentage 16 % 30 %

Professional services
Cost of revenue $26,463 $21,004
Gross margin $10,474 $5,651
Gross profit percentage 28 % 21%

Thanks,

KZ