Company Quick10K Filing
Orbcomm
10-Q 2020-03-31 Filed 2020-05-01
10-K 2019-12-31 Filed 2020-02-28
10-Q 2019-09-30 Filed 2019-10-30
10-Q 2019-06-30 Filed 2019-07-31
10-Q 2019-03-31 Filed 2019-05-01
10-K 2018-12-31 Filed 2019-03-01
10-Q 2018-09-30 Filed 2018-10-31
10-Q 2018-06-30 Filed 2018-08-02
10-Q 2018-03-31 Filed 2018-05-03
10-K 2017-12-31 Filed 2018-03-01
10-Q 2017-09-30 Filed 2017-11-02
10-Q 2017-06-30 Filed 2017-08-03
10-Q 2017-03-31 Filed 2017-05-04
10-K 2016-12-31 Filed 2017-03-03
10-Q 2016-09-30 Filed 2016-11-02
10-Q 2016-06-30 Filed 2016-08-04
10-Q 2016-03-31 Filed 2016-05-05
10-K 2015-12-31 Filed 2016-03-10
10-Q 2015-09-30 Filed 2015-11-05
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-05-07
10-K 2014-12-31 Filed 2015-03-16
10-Q 2014-09-30 Filed 2014-11-10
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-03-31 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-03-17
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-09
10-Q 2013-03-31 Filed 2013-05-10
10-K 2012-12-31 Filed 2013-03-18
10-Q 2012-09-30 Filed 2012-11-08
10-Q 2012-06-30 Filed 2012-08-09
10-Q 2012-03-31 Filed 2012-05-10
10-K 2011-12-31 Filed 2012-03-15
10-Q 2011-09-30 Filed 2011-11-09
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-10
10-K 2010-12-31 Filed 2011-03-16
10-Q 2010-09-30 Filed 2010-11-09
10-Q 2010-06-30 Filed 2010-08-09
10-Q 2010-03-31 Filed 2010-05-10
10-K 2009-12-31 Filed 2010-03-16
8-K 2020-04-30 Earnings, Exhibits
8-K 2020-04-22 Shareholder Vote
8-K 2020-04-22 Regulation FD
8-K 2020-04-07 Other Events, Exhibits
8-K 2020-02-26 Earnings, Exhibits
8-K 2019-10-30 Earnings, Exhibits
8-K 2019-08-05 Other Events, Exhibits
8-K 2019-07-31 Earnings, Exhibits
8-K 2019-07-16 Officers
8-K 2019-05-01 Earnings, Exhibits
8-K 2019-04-17 Shareholder Vote
8-K 2019-04-01 Officers, Exhibits
8-K 2019-02-27 Earnings, Exhibits
8-K 2018-10-30 Earnings, Exhibits
8-K 2018-09-17 Officers, Exhibits
8-K 2018-08-20 Officers, Exhibits
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-06-15 Officers, Exhibits
8-K 2018-05-17 Officers, Exhibits
8-K 2018-05-03
8-K 2018-04-18 Shareholder Vote
8-K 2018-04-06 Earnings
8-K 2018-04-06 Other Events, Exhibits
8-K 2018-04-05 Earnings, Other Events, Exhibits
8-K 2018-03-01 Earnings, Exhibits
8-K 2017-12-14 Other Events

Orbcomm Financials

ORBC Metrics, Comps, Filings

Quarterly | Annual

Business

We derive service revenues mostly from monthly fees for industrial IoT connectivity services that consist of subscriber-based, recurring monthly usage fees for each subscriber communicator or SIM activated for use on our satellite network, other satellite networks, and cellular wireless networks that we resell to our customers (i.e., our MCPs, MCAs and direct customers). We also generate AIS service revenues from subscription-based services supplying AIS data to customers and resellers. In addition, we earn service revenues from extended warranty service agreements extending beyond the initial warranty period of one year; royalty fees from third parties for the use of our proprietary communications protocol charged on a one-time basis for each subscriber communicator connected to our industrial IoT data communications system; activations of subscriber communicators and SIMs; engineering, technical and management support services; and the sale of software licenses to our customers.

We derive product sales primarily from sales of complete industrial IoT telematics devices, modems and cellular wireless SIMs (for our terrestrial-communication services) to our resellers (i.e., our MCPs and MCAs) and direct customers. Revenues generated from product sales are either recognized when the products are shipped or when customers accept the product, depending on the specific contractual terms. Shipping costs billed to customers are included in product sales and the related costs are included as costs of product sales.

Customers benefiting from our network, products and solutions include original equipment manufacturers, ("OEMs"), such as Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery Co. Ltd., John Deere, Komatsu Ltd., and Volvo Construction Equipment; vertical market technology integrators known as value-added resellers ("VARs") and international value-added resellers ("IVARs"), such as American Innovations, and value-added solutions providers ("SPs"), such as Onixsat, Satlink and Sascar (collectively referred to as "MCPs"); and end-to-end solutions customers such as Carrier Transicold, Thermo King, C&S Wholesale, Canadian National Railways, CR England, Hub Group, Inc., JB Hunt Transport Services, Inc. ("JB Hunt"), KLLM Transport Services, Marten Transport, Prime Inc., Swift Transportation, Target, Tropicana, Tyson Foods, Walmart and Werner Enterprises.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Gogo (GOGO) 549 0% 211.5 -14% 1,280 1,663 832 0 -183 7 1,446
ADTRAN (ADTN) 540 41% -51.2 -9% 580 185 558 227 -50 -9 444
Boingo Wireless (WIFI) 494 0% 8.8 -1% 606 510 268 0 -5 51 447
Napco Security Technologies (NSSC) 473 56% 27.1 14% 97 23 81 46 14 17 462
GTT Communications (GTT) 440 45% 77.5 -3% 4,690 4,417 1,759 796 -140 47 3,621
Orbcomm (ORBC) 420 0% 17.1 -4% 588 347 269 0 -21 36 616
Inseego (INSG) 388 31% -28.4 -17% 159 197 223 69 -27 -13 374
Calix (CALX) 361 44% -14.1 -8% 317 170 420 185 -24 -23 323
Consolidated Communications Holdings (CNSL) 343 0% 10.3 -1% 3,443 3,084 1,350 0 -28 256 2,635
Cincinnati Bell (CBB) 291 36% 110.6 -3% 2,619 2,747 1,545 558 -76 20 2,189
Audiocodes (AUDC) 286 0% 179 85 0 0 0 0 255
Spok Holdings (SPOK) 284 60% -151.6 -0% 332 71 164 99 -1 -2 235
Dasan Zhone Solutions (DZSI) 269 33% 125.9 -1% 268 154 229 75 -3 2 272
Iteris (ITI) 241 39% -55.9 -6% 103 40 104 41 -6 -4 231
Akoustis Technologies (AKTS) 231 28% -7.7 -73% 42 23 2 0 -31 -30 228
B Communications (BCOM) 215 0% 19,375 18,611 0 0 0 0 215
NII Holdings (NIHD) 197 30% 26.9 -3% 1,253 1,407 289 85 -39 5 137
Clearfield (CLFD) 177 38% 20.6 6% 82 7 85 33 5 8 167
Turtle Beach (HEAR) 164 35% 5.8 17% 131 89 244 86 22 27 157
RigNet (RNET) 155 19% -7.5 -28% 243 200 239 45 -68 -34 253

Balance Sheet ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash25483525302635344677687549419281655827211521252084373528394654585551
Accounts Receivable8889111111131413141619172327303430313834323844524749545958606062
Inventory2234344344578121216171721222022232330364248453734353438
PP&E116131136147142153158163195208212224228237276284290281286293299264266272278283288293299305
Assets187189197197200214207248255262261312320327507530516516527526524508506507630592595592597594586599588588
Accounts Payable3433214333335779910914101411121317212924141216191617
Long-Term Debt333344345454545454545150150150150150150150150147148245245245245246246246246246246
Liabilities1920272223342464667269798691198223220217227227227224224226342343349352335334329344337347
Stockholders' Equity168170171175178181183184188190193233235235308307295298299299296284281280287249246239261260257254250239
Income Statement ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue11141416181616171920191924232942454645445046475257697668717166666769
Cost of Revenue44455566567555588999910101011141716
Gross Profit791011131111111413131013121221222223232436374246565952
R&D
SG&A556565667767897111111111211121212131416181915171718
Tax00010001001000-00-00100-00100-2111112
Net Income-11124221211-010-6-3-1220-2-4-14-3-3-11-40-8-10-7-3-6-5-6-4
Cash Flow ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating422345-0333115-3534154411101-3-52-1129210
Cash Investing19-15-112-74-411028-13-31-27-12-126-15-18-9-46-10-10-6-6-6-43-42-5-6-5-5-6-6
Cash Financing00-1-0-0-041-01137-0-0180-1-0-1-000000-8