INFRAX SYSTEMS, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its 10-K, filed Jun 29, 2018.

The sections below describe the company as of the latest annual report.

What Did They Do?

Builds secure smart-grid networking systems and software, plus mesh-relay broadband networks for utilities, communications providers, and government and business customers.

How Did They Make Money?

Customers pay for software licenses, hardware, installation, training and maintenance. License fees are earned when software is installed and accepted; support is earned over its term, normally one year, and professional services as they are performed.

Who Were Their Customers?

Utility purchases may begin with trial deployments before a full deployment contract; implementation, network-management and support services are offered alongside the platform.

Did Revenues Turn Into Profits?

No. It lost $3.5M in .

How Were They Changing?

Shrank. Revenue fell 27% in 1 year, from $518.4K in to $377.4K in , about 27% a year.

Who Did They Compete With?

Competes with Echelon, Elster Group, Landis+Gyr, Sensus Metering Systems, S&C Electric, Schweitzer Engineering Laboratories, Coulomb Technologies, Ambient, Silver Springs, E2O Communications, Grid Net, OPOWER, SmartSynch, and Tendril Networks