Airgain (AIRG) is a premium antenna supplier on the verge of a breakthrough with its revenue growth and profitability. Trading at a value multiple of 1.6x revenue ($135 million market cap minus $35 million in net cash divided by $63 million in 2021E revenue), the company is poised to accelerate revenue growth and profitability.
Airgain's historical business was in the consumer space, providing tiny antennas for wireless gateways, routers, smart TVs, etc. It is the go-to company for quality in the space, with its antennas providing more than 30% better coverage and speed versus its