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Radiant Communications Corp. (RCN:TSX-V) is one of Canada’s leading providers of IP-based data communications and broadband solutions focused exclusively on helping business clients harness the power of the Internet. These services include managed DSL services, secure virtual private networks (VPN), secure IP connectivity to payment processor gateways for debit and credit card transactions, and high availability web hosting and content management solutions to customers in Canada, the US and internationally.
Radiant has achieved 5 consecutive quarters of EBITDA positive results and has reported 23 consecutive quarters of revenue growth. The company also has a clean balance sheet with no debt, approximately $3.1 million in cash and investments ($0.28 per share), and positive working capital.
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