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C-Com Satellite Systems Inc. (V:CMI)

Business Focus: Satellite Design & Manufacture

Sector:  Industrials Industry:  Aerospace & Defense
 
Company Contact
Address: 2574 Sheffield Rd
OTTAWA ON K1B 3V7
Tel: N/A
Website: https://www.c-comsat.com
IR: See website
Key People
Leslie Klein
Chief Executive Officer, Director
Arthur Wilfred Slaughter
Chief Financial Officer
Bilal Awada
Chief Technology Officer
Business Overview
C-COM Satellite Systems Inc. is a Canada-based company, which is a global provider of commercial grade mobile auto-deploying satellite antenna systems. It designs, develops, and manufactures transportable and mobile satellite-based antenna systems. The Company has developed auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling Broadband Internet via Satellite across a range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies. It has sold more than 10,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a range of vertical markets, such as oil and gas exploration, military communications, disaster management, SNG, emergency communications, cellular backhaul, telemedicine, mobile education, government services, mobile banking, and others. The Company's brand is iNetVu.
Financial Overview
For the three months ended 29 February 2024, C-Com Satellite Systems Inc revenues increased from C$684K to C$2.6M. Net income totaled C$391K vs. loss of C$176K. Revenues reflect Rest of the World segment increase from C$47K to C$398K, Middle East segment increase from C$110K to C$310K. Net Income reflects Investment income increase of 17% to C$187K (income). Dividend per share remained flat at C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $36.17M as of Feb 29, 2024
Annual revenue (TTM): $10.24M as of Feb 29, 2024
EBITDA (TTM): $2.47M as of Feb 29, 2024
Net annual income (TTM): $2.24M as of Feb 29, 2024
Free cash flow (TTM): -$1.01M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 42,186,400 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization