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Vecima Networks Inc. (T:VCM)

Business Focus: Communications & Networking

Sector:  Technology Industry:  Communications & Networking
 
See Regulatory Filings on SEDAR
Company Contact
Address: 771 Vanalman Ave
VICTORIA BC V8Z 3B8
Tel: N/A
Website: https://www.vecima.com
IR: See website
Key People
Surinder G. Kumar
Chairman of the Board
Sumit Kumar
President, Chief Executive Officer, Director
Clay McCreery
Chief Operating Officer
Kyle Goodwin
Senior Vice President, General Manager of the Content Delivery & Storage Business Unit
Ryan Nicometo
Senior Vice President, General Manager of the Video & Broadband Solutions Business Unit
Dean Rockwell
Senior Vice President and General Manager, Vecima Technologies Inc
Colin Andrew Howlett
Chief Technology Officer
Dan Gledhill
Vice President - Sales
Osamu Nakamura
President, Concurrent Content Solutions Corporation
Business Overview
Vecima Networks Inc. is a Canada-based company focused on developing integrated hardware and software solutions for broadband access, content delivery and telematics. The Company enables the users to advance, connect, entertain and analyze. It builds technologies that transform content delivery and storage, enable broadband network access and streamline data analytics. It operates through three segments: Video and Broadband Solutions (VBS), Content Delivery and Storage (CDS), and Telematics. VBS segment includes platforms and modules that process data from the cable network and deliver it in formats suitable to be consumed on televisions and Internet devices. CDS segment includes solutions and software, under the MediaScaleX and ContentAgent brands. Telematics segment provides fleet managers with the information and analytics they require to manage their mobile and fixed assets under the Contigo, Nero Global Tracking and FleetLynx brands.
Financial Overview
For the nine months ended 31 March 2021, VecimaNetworks Inc revenues increased 26% to C$88.9M. Net incomebefore extraordinary items increased 26% to C$88.9M.Revenues reflect an increase in demand for the Company'sproducts and services due to favorable market conditions.Net income also reflects Video and Broadband Solutionsegment loss decrease of 93% to C$268K. Dividend per shareremained flat at C$0.17.
Employees: 469 as of Mar 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $339.68M as of Mar 31, 2021
Annual revenue (TTM): $114.95M as of Mar 31, 2021
EBITDA (TTM): $131.15M as of Mar 31, 2021
Net annual income (TTM): $114.95M as of Mar 31, 2021
Free cash flow (TTM): -$6.73M as of Mar 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 22,921,367 as of Jul 9, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization