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Vecima Networks Inc.

Technology CA VCM

22.0CAD
-0.25(1.12%)

Last update at 2024-05-16T18:27:00Z

Day Range

22.0022.70
LowHigh

52 Week Range

15.4923.08
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax 33.60M 11.05M -4.07400M 2.20M -5.86100M
Minority interest - - - - -
Net income 27.21M 8.69M -2.18500M 1.81M -3.45900M
Selling general administrative 53.76M 23.64M 18.14M 16.34M 16.71M
Selling and marketing expenses - 19.33M 13.72M 14.05M 14.11M
Gross profit 142.60M 89.96M 56.64M 52.30M 44.88M
Reconciled depreciation 20.02M 17.85M 14.76M 16.18M 11.67M
Ebit 36.37M 9.44M -1.17900M 0.70M -3.64200M
Ebitda - 28.23M 13.58M 16.87M 8.03M
Depreciation and amortization - 18.80M 14.76M 16.18M 11.67M
Non operating income net other - - - - -
Operating income 33.29M 9.44M -1.17900M 0.70M -3.64200M
Other operating expenses 0.03M 176.38M 125.64M 96.67M 89.95M
Interest expense 2.37M 0.30M 0.22M 0.30M 0.10M
Tax provision 6.39M 2.36M -1.88900M 0.39M -2.40200M
Interest income 1.72M 1.68M 3.03M 1.78M 0.81M
Net interest income -2.37000M -0.27200M 0.07M 0.63M 0.88M
Extraordinary items - 0.00000M 1.85M -0.69600M 0.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 6.39M 2.36M -1.88900M 0.39M -2.40200M
Total revenue 303.44M 186.81M 124.18M 96.42M 85.03M
Total operating expenses 267.04M 79.53M 58.11M 52.56M 49.79M
Cost of revenue 160.84M 96.85M 67.53M 44.11M 40.16M
Total other income expense net -0.42600M 1.61M -2.89500M 1.50M -2.21900M
Discontinued operations - - 1.85M -0.69600M -0.69600M
Net income from continuing ops 27.21M 8.69M -2.18500M 1.81M -3.45900M
Net income applicable to common shares 27.21M 8.69M -0.33100M 1.81M -3.45900M
Preferred stock and other adjustments - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Total assets 331.69M 262.61M 214.73M 210.30M 200.77M
Intangible assets 82.99M 75.92M 72.22M 69.20M 67.89M
Earning assets - - - - -
Other current assets 0.58M 7.30M 3.50M 2.05M 2.23M
Total liab 114.03M 82.88M 39.81M 30.54M 20.00M
Total stockholder equity 217.65M 179.73M 174.92M 179.76M 180.77M
Deferred long term liab 71.38M 61.48M 55.27M 48.09M 43.73M
Other current liab 24.87M 27.61M 35.81M 22.19M 15.53M
Common stock 24.00M 7.93M 7.30M 3.16M 1.92M
Capital stock 24.00M 7.93M 7.30M 3.16M 1.92M
Retained earnings 190.93M 168.92M 165.31M 170.66M 173.74M
Other liab 5.10M 4.84M 2.80M 1.54M 1.42M
Good will 15.05M 14.81M 14.54M 15.49M 15.13M
Other assets 108.51M 92.75M 88.03M 78.27M 74.37M
Cash 2.28M 12.90M 28.91M 17.35M 19.83M
Cash and equivalents 0.00000M 7.64M 13.17M 12.47M -
Total current liabilities 94.81M 62.92M 32.91M 24.39M 16.85M
Current deferred revenue - 12.13M 7.14M 4.96M 4.05M
Net debt 34.62M 4.00M -23.18500M -11.03900M -17.85500M
Short term debt 20.51M 1.78M 1.62M 1.70M 0.25M
Short long term debt 22.77M 1.78M 1.62M 1.70M 0.25M
Short long term debt total - 16.90M 5.72M 6.31M 1.98M
Other stockholder equity 2.73M 2.87M 2.31M 5.94M 5.11M
Property plant equipment 18.05M 19.11M 17.51M 15.77M 11.96M
Total current assets 178.47M 121.50M 77.70M 79.67M 75.14M
Long term investments - - - - -
Net tangible assets 190.99M 150.48M 143.43M 143.17M 141.48M
Short term investments - - 0.00000M 17.16M 24.57M
Net receivables 60.32M 51.68M 29.71M 25.79M 15.78M
Long term debt 12.85M 15.12M 4.11M 1.46M 1.73M
Inventory 101.60M 49.61M 15.58M 17.21M 12.72M
Accounts payable 19.26M 21.40M 6.25M 6.63M 4.79M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - 2.87M 2.31M 5.94M 5.11M
Additional paid in capital - - - - -
Common stock total equity - - - 3.16M 1.92M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.30M 24.48M 25.61M 25.68M 25.37M
Deferred long term asset charges - - - - -
Non current assets total 153.21M 141.11M 137.03M 130.63M 125.63M
Capital lease obligations 2.75M - - - -
Long term debt total 14.12M 15.12M 4.11M 4.61M 1.73M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -26.35400M -23.27300M 17.16M -5.96300M 2.48M
Change to liabilities 1.72M 32.37M 10.66M 6.43M -1.71500M
Total cashflows from investing activities -26.35400M -23.27300M -4.99500M -5.96300M 2.48M
Net borrowings 18.52M 10.58M -1.80700M -1.94600M -0.25000M
Total cash from financing activities 26.84M 4.99M -4.60600M -5.96700M -5.03000M
Change to operating activities -4.50000M -3.69600M -2.96400M -0.09000M -0.16600M
Net income 27.21M 8.69M -2.18500M 1.81M -3.45900M
Change in cash -10.62400M -16.00700M 11.56M -2.48400M 8.80M
Begin period cash flow 12.90M 28.91M 17.35M 19.83M 11.03M
End period cash flow 2.28M 12.90M 28.91M 17.35M 19.83M
Total cash from operating activities -11.00500M 3.33M 20.05M 9.83M 11.44M
Issuance of capital stock 17.00M 0.00000M 0.71M - 0.00000M
Depreciation 8.04M 17.85M 14.76M 16.18M 11.67M
Other cashflows from investing activities -23.34200M -17.40500M -13.91200M -12.25000M -16.05700M
Dividends paid -5.20900M 5.08M 5.02M 4.93M 4.92M
Change to inventory -51.30100M -33.41100M 4.45M -4.32800M 2.52M
Change to account receivables -10.55100M -21.39000M -4.52700M -9.61500M 2.99M
Sale purchase of stock 17.40M 0.56M 2.28M -0.10900M -0.19400M
Other cashflows from financing activities -1.07600M 11.90M 1.51M 1.02M 0.33M
Change to netincome 6.50M 2.88M -2.07100M -0.09100M -0.63600M
Capital expenditures 2.90M 23.27M 18.61M 13.37M 19.01M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -70.89100M -26.68200M 8.03M -7.79000M 3.88M
Stock based compensation 2.50M 0.88M 1.42M 0.06M 0.11M
Other non cash items 2.52M 0.24M 0.06M -0.80700M 1.64M
Free cash flow -37.35900M -19.94000M 1.44M -3.53400M -7.56900M

Fundamentals

  • Previous Close 22.25
  • Market Cap402.49M
  • Volume3153
  • P/E Ratio20.44
  • Dividend Yield1.33%
  • EBITDA34.76M
  • Revenue TTM291.47M
  • Revenue Per Share TTM12.14
  • Gross Profit TTM 141.97M
  • Diluted EPS TTM0.81

Peer Comparison

Sector: Technology Industry: Communication Equipment

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
VCM
Vecima Networks Inc.
-0.25 1.12% 22.00 20.44 15.06 1.38 1.83 1.49 9.44
ET
Evertz Technologies Limited
-0.23 1.52% 14.87 15.56 12.94 2.12 4.13 2.05 8.71
TSAT
Telesat Corp
0.15 1.41% 10.76 1.03 - 0.87 0.26 2.28 1.78
QTRH
Quarterhill Inc
0.03 1.81% 1.69 23.00 185.19 0.66 1.02 0.74 3.51
BYL
Baylin Technologies Inc
-0.01 4.00% 0.24 - 63.29 0.32 50.70 0.68 30.03

Reports Covered

Stock Research & News

Profile

Vecima Networks Inc. engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers 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. Its principal products include Terrace and TerraceQAM, which are designed to meet the needs of the business services verticals, such as multi- dwelling unit, hotels, motels, and resorts; and Entra distributed access architecture platform comprising EntraPHY, EntraMAC, EntraOptical, EntraControl, and EntraVideo that addresses the network migration to a distributed access architecture. The Content Delivery and Storage segment offers solutions and software for service providers and content owners that focus on ingesting, producing, storing, delivering, and streaming video for live linear, video on demand, network digital video recorder, and time-shifted services over the internet under the MediaScale brand. The Telematics segment provides information and analytics for fleet managers to manage their mobile and fixed assets under the Contigo and Nero Global Tracking brands. The company also offers optical access nodes, Terrace QAM, Terrace TC600E, Terrace IQ, Entra FPXT-B, Enra access code, Entra access controller, Entra access switch, Entra Remote PHY Monitor, Entra Video QAM Manager, MediaScale Origin, MediaScale storage, and MediaScale transcode. In addition, it provides engineering and consultation services; lifecycle program management; installation and commission; training and certification; workforce optimization; and operations and customer support services. The company was incorporated in 1988 and is headquartered in Victoria, Canada. Vecima Networks Inc. is a subsidiary of 684739 B.C. Ltd.

Vecima Networks Inc.

771 Vanalman Avenue, Victoria, BC, Canada, V8Z 3B8

Key Executives

Name Title Year Born
Dr. Surinder G. Kumar Ph.D. Founder & Chairman NA
Mr. Sumit Kumar CEO, Pres & Non Independent Director NA
Mr. Dale Booth Chief Financial Officer NA
Mr. Clay McCreery Chief Operating Officer NA
Mr. Paul Boucher Sr. Vice-Pres of Sales NA
Mr. Dan Gledhill Sr. VP of Global Sales NA
Mr. Ryan Nicometo Sr. VP and GM of the Video & Broadband Solutions Bus. Unit NA
Mr. David Hobb Sr. VP of Operations NA
Mr. Colin Andrew Howlett Chief Technology Officer NA
Ms. Heather Asher Gen. Counsel & Corp. Sec. NA

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