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Vecima Networks Inc. (T:VCM)

Business Focus: Communications & Networking (NEC)

Sector:  Technology Industry:  Communications & Networking
See Regulatory Filings on SEDAR
Company Contact
Address: 771 Vanalman Ave
Tel: N/A
IR: See website
Key People
Surinder G. Kumar
Chairman of the Board
Sumit Kumar
President, Chief Executive Officer, Director
Dale Booth
Chief Financial Officer
Clay Mccreery
Chief Operating Officer
Kyle Goodwin
Senior Vice President, General Manager of the Content Delivery and Storage Business Unit
Ryan Nicometo
Senior Vice President, General Manager of the Video & Broadband Solutions Business Unit
Dan Gledhill
Senior Vice President, Global Sales
Colin Andrew Howlett
Chief Technology Officer
Heather Asher
General Counsel, Corporate Secretary
Business Overview
Vecima Networks Inc. is a Canada-based company, which is focused on developing integrated hardware and software solutions for broadband access, content delivery and telematics. The Company's Video and Broadband Solutions (VBS) segment includes platforms that process data from the cable network and deliver Internet connectivity to homes over cable and fiber as well as adapt video services to formats suitable to be consumed on televisions in commercial properties. Its Content Delivery and Storage (CDS) segment includes solutions and software, under the MediaScaleX brand, for service providers and content owners that focus on ingesting, producing, storing, delivering and streaming video for live linear, Video on Demand (VOD), network Digital Video Recorder (nDVR) and time-shifted services over the Internet. Its Telematics segment provides fleet managers with information and analytics they require to manage their mobile and fixed assets under the Contigo and Nero Global Tracking brands.
Financial Overview
For the nine months ended 31 March 2022, Vecima Networks Inc revenues increased 43% to C$126.9M. Net income before extraordinary items totaled C$5.2M vs. loss of C$3.6M. Revenues reflect Video and Broadband Solution segment increase from C$21.8M to C$88.5M, Content delivery and storage segment increase from C$8.8M to C$34.2M, Telematics segment increase from C$1.4M to C$4.1M, United States segment increase from C$23.9M to C$97M.
Employees: 548 as of Mar 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $393.67M as of Mar 31, 2022
Annual revenue (TTM): $162.17M as of Mar 31, 2022
EBITDA (TTM): $25.56M as of Mar 31, 2022
Net annual income (TTM): $6.64M as of Mar 31, 2022
Free cash flow (TTM): -$19.55M as of Mar 31, 2022
Net Debt Last Fiscal Year: $6.13M as of Mar 31, 2022
Shares outstanding: 23,101,002 as of Jun 27, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization