OverviewSuggest Edit
KVH Industries is a company providing global high-speed internet, television, and voice services via satellite to mobile users at sea and on land. It offers solutions that include a mini-VSAT broadband network, TracPhone satellite communications systems, and TracVision satellite television systems. The company also manufactures sensors and integrated inertial systems for defense and commercial guidance and stabilization applications.
| Type | Public | |
| Founded | 1982 | |
| HQ | Middletown, RI, US | Map |
| Website | kvh.com | |
| Employee Ratings | More |
Key People/Management at KVH Industries
Martin A. Kits van Heyningen
Chief executive officer
Brent Bruun
Chief Operating Officer
Elizabeth Jackson
Chief Marketing Officer and Executive Vice President for Strategy
Robert Balog
Chief Technology Officer
Jordan Vargas
Global Vice President of Human Resources
Richard Driscoll
Vice President, Service Development & Implementation
KVH Industries Office Locations
KVH Industries has offices in Middletown, Davie, Tinley Park, Rio De Janeiro and in 14 other locations
Middletown, RI, US (HQ)
50 Enterprise Center
Davie, FL, US
6535 Nova Dr #100
Tinley Park, IL, US
8412 185th St
Rio De Janeiro, BR
Rua Helios Seelinger, 155 - Barra da Tijuca
Germasogeia, CY
Spyrou Kyprianou 38-101 102
Kokkedal, DK
Kokkedal Industripark 2B
KVH Industries Financials and Metrics
KVH Industries Revenue
KVH Industries's revenue was reported to be $158.73 m in FY, 2020 which is a 0.5% increase from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2021) | 43.4m |
Gross profit (Q2, 2021) | 15.3m |
Gross profit margin (Q2, 2021), % | 35.4% |
Net income (Q2, 2021) | (5.7m) |
EBIT (Q2, 2021) | (5.8m) |
Market capitalization (22-Sept-2021) | 181.4m |
Closing stock price (22-Sept-2021) | 9.7 |
Cash (30-Jun-2021) | 9.2m |
EV | 183.1m |
KVH Industries's current market capitalization is $181.4 m.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Net Income | (6.2m) | 41.0m | 36.7m | (6.2m) | (9.8m) | (10.3m) | (4.0m) | (9.7m) |
Depreciation and Amortization | 3.5m | 6.4m | 8.9m | 2.7m | 5.4m | 8.3m | 3.4m | 7.0m |
Inventories | (3.1m) | (1.3m) | (2.4m) | (2.1m) | (993.0k) | (1.2m) | 1.9m | 2.4m |
Accounts Payable | 2.6m | (22.0k) | (2.3m) | (1.2m) | (2.4m) | (3.4m) | (3.2m) | 293.0k |
| USD | FY, 2018 |
|---|---|
EV/EBIT | -27.1 x |
EV/CFO | 37.4 x |
EV/FCF | -18.1 x |
Revenue/Employee | 271.0k |
Debt/Equity | 0.3 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.9 x |
P/E Ratio | (21.4) |
KVH Industries Operating Metrics
KVH Industries's Backlog was reported to be $17m in Q1, 2021.
KVH Industries Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Videotel | July 03, 2014 | |
| KVH Media Group, Inc. | May 13, 2013 | $24 m |
| Virtek Communication AS | September 17, 2010 | $6.5 m |
| KVH Industries A/S | ||
| KVH Industries Brasil Comunicacao Por Satelite Ltda. | ||
| KVH Industries Japan Co. Ltd. | ||
| KVH Industries Norway AS | ||
| KVH Industries Pte. Ltd. | ||
| KVH Industries UK Ltd. | ||
| KVH Media Group Communication, Inc. |
KVH Industries Revenue Breakdown
KVH Industries revenue breakdown by business segment: 24.7% from Inertial navigation and 75.3% from Mobile connectivity
KVH Industries Cybersecurity Score
KVH Industries Online and Social Media Presence
1.97k Twitter followers
KVH Industries has 1.97k Twitter Followers. The number of followers has increased 0.2% month over month and increased 0.2% quarter over quarter
KVH Industries's Trends
KVH Industries News and Updates
September 16, 2021
KVH Provides AgilePlans VSAT Services for Briese Schiffahrt Vessels and Crew
KVH Industries, Inc., (Nasdaq: KVHI), announces its successful and expanding AgilePlans relationship with established customer German shipmanager Briese Schiffahrt, which has rapidly grown its installed base over the last two years from 5 to 38 vessels with plans to continue. The flexibility of KVH’…
August 05, 2021
KVH Receives $7.9 Million Fiber Optic Gyro Order for Remote Weapons Systems
KVH Industries, Inc., (Nasdaq: KVHI), announced today that it has received a $7.9 million fiber optic gyro (FOG) order from Escribano, a Spanish defense contractor, for its new Guardian 30 remotely controlled turret. The Guardian 30 turret was recently chosen by the Spanish Ministry of Defense for t…
July 30, 2021
KVH Industries Reports Second Quarter 2021 Results
KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter endedJune 30, 2021 today. The company will hold a conference call to discuss these results at 9:00 a.m. ET today, which can beaccessed atinvestors.kvh.com. Following the call, a replay of the webcast will be available t…
July 30, 2021
KVH Industries Reports Second Quarter 2021 Results
MIDDLETOWN, R.I., July 30, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter ended June 30, 2021 today. The company will hold a conference call to discuss these results at 9:00 a.m. ET today, which can be accessed at investors.kvh.com. Follow…
July 26, 2021
KVH Industries to Host Second Quarter Conference Call on July 30, 2021
KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the second quarter that ended June 30, 2021, on Friday, July 30, 2021. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m. ET, hosted by Mr. Martin Kits van Heyningen, CEO an…
July 26, 2021
KVH Industries to Host Second Quarter Conference Call on July 30, 2021
MIDDLETOWN, R.I., July 26, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the second quarter that ended June 30, 2021, on Friday, July 30, 2021. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.…
KVH Industries Blogs
September 20, 2021
Five Questions with…Roger Ward, Director of FOG Product Development
When researching what sensor to purchase for their system, engineers include a review of sensor performance specifications. Most sensor manufacturers publish product specifications on their [...]
August 23, 2021
Five Questions with…Jamie Airs, Global Content Advisor
Here on shore, when you’re done with a long, hard day at work, you can head home, settle yourself on the couch, and flip on [...]
July 01, 2021
Cathy-Ann Martine-Dolecki
Cathy-Ann Martine-Dolecki
Liz.McPherson@…
Thu, 07/01/2021 - 14:18
Member of the Nominating Corporate Governance Committee
Member of the Compensation Committee
Cathy-Ann
Martine-Dolecki
(Independent)
Cathy-Ann Martine-Dolecki began serving on the KVH Board of Di…
June 22, 2021
KVH Value-added Service Spotlight: Vessel Tracking
Understanding where your vessel is and tracking its route to its destination are critical to its efficient operation and vital for security and safety at [...]
June 17, 2021
KVH Industries Shareholders Elect Both of Company’s Director Nominees at 2021 Annual Meeting
KVH Industries Shareholders Elect Both of Company’s Director Nominees at 2021 Annual Meeting
Liz.McPherson@…
Thu, 06/17/2021 - 09:34
KVH Industries Shareholders Elect Both of Company’s Director Nominees at 2021 Annual Meeting
June 17, 2021 at 9:34 AM EDT
This …
May 17, 2021
KVH Industries Issues Letter to Shareholders and Files Definitive Proxy
Business is Emerging from COVID-19 Pandemic with Significant Momentum Company’s Two New Independent Director Candidates – Cielo Hernandez and Cathy-Ann Martine-Dolecki – Would Bring Fresh Insights and Valuable Industry Expertise to the KVH Board Believes VIEX Nominees Are Not the Right Fit for the
KVH Industries Frequently Asked Questions
When was KVH Industries founded?
KVH Industries was founded in 1982.
Who are KVH Industries key executives?
KVH Industries's key executives are Martin A. Kits van Heyningen, Brent Bruun and Elizabeth Jackson.
How many employees does KVH Industries have?
KVH Industries has 592 employees.
What is KVH Industries revenue?
Latest KVH Industries annual revenue is $158.7 m.
What is KVH Industries revenue per employee?
Latest KVH Industries revenue per employee is $268.1 k.
Who are KVH Industries competitors?
Competitors of KVH Industries include Metronet, Tellabs and Inmarsat.
Where is KVH Industries headquarters?
KVH Industries headquarters is located at 50 Enterprise Center, Middletown.
Where are KVH Industries offices?
KVH Industries has offices in Middletown, Davie, Tinley Park, Rio De Janeiro and in 14 other locations.
How many offices does KVH Industries have?
KVH Industries has 18 offices.
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