Vecima Networks Inc. (T:VCM)
Business Focus: Communications & Networking (NEC)
| Sector: Technology | Industry: Communications & Networking |
| 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 | Dale Booth Chief Financial Officer |
| Clay Mccreery Chief Operating Officer | Dean Rockwell Executive Vice President | 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 | Colin Andrew Howlett Chief Technology Officer | Heather Asher General Counsel, Corporate Secretary |
| Business Overview |
| Vecima Networks Inc. provides evolution to the multi-gigabit and content-rich networks. It delivers software, services, and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. Its segments include Video and Broadband Solutions (VBS), Content Delivery and Storage (CDS) and Telematics. The VBS segment includes platforms that process data from the cable network and deliver high-speed 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. The CDS segment includes solutions and software, under the MediaScale brand, for service providers and content owners. Telematics segment provides fleet managers with the key information and analytics they require to optimally manage their mobile and fixed assets under the Contigo and Nero Global Tracking brands. |
| Financial Overview |
| For the six months ended 31 December 2023, Vecima Networks Inc revenues decreased 18% to C$123.4M. Net income decreased 70% to C$5.3M. Revenues reflect Video and Broadband Solution segment decrease of 24% to C$93.2M, United States segment decrease of 12% to C$110.6M, Japan segment decrease of 71% to C$2.4M, Other segment decrease of 65% to C$1M. Net income also reflects Video and Broadband Solution segment income decrease of 75% to |
| Employees: | 585 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $581.19M as of Dec 31, 2023 |
| Annual revenue (TTM): | $277.21M as of Dec 31, 2023 |
| EBITDA (TTM): | $41.65M as of Dec 31, 2023 |
| Net annual income (TTM): | $14.90M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$28.00M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $56.70M as of Dec 31, 2023 |
| Shares outstanding: | 24,311,594 as of Mar 1, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
