ORBCOMM is a provider of Internet of Things (IoT) solutions, including network connectivity, devices, device management and web reporting applications. The Company's IoT products and services are designed to track, monitor and manage security for a range of assets. Its satellite-based customer solution offerings use small, low power, mobile satellite subscriber communicators for remote asset connectivity, and its terrestrial-based solutions utilize cellular data modems with subscriber identity modules (SIMs).

Employee Rating

3.0More
TypePublic
HQRochelle Park, US
Founded1993
Size (employees)758 (est)
Websiteorbcomm.com
ORBCOMM was founded in 1993 and is headquartered in Rochelle Park, US
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Key People/Management at ORBCOMM

Marc Eisenberg

Marc Eisenberg

CEO
Mike Ford

Mike Ford

CFO
Craig Malone

Craig Malone

Executive Vice President, Product Development
Christian Le Brun

Christian Le Brun

Executive Vice President and General Counsel
John Stolte

John Stolte

Executive Vice President, Technology and Operations
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ORBCOMM Office Locations

ORBCOMM has offices in Rochelle Park, San Jose, Salt Lake City, Utica and in 10 other locations
Rochelle Park, US (HQ)
395 W Passaic St, Suite 325
Salt Lake City, US
300 341 Main St
San Jose, US
540 181 Metro Dr
Sterling, US
22970 Indian Creek Dr, Suite 300
Utica, US
125 Business Park Dr, Suite 100
Ottawa, CA
750 Palladium Dr, Suite 368
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ORBCOMM Financials and Metrics

ORBCOMM Revenue

ORBCOMM's revenue was reported to be $254.22 m in FY, 2017 which is a 36.1% increase from the previous period.
USD

Revenue (Q3, 2018)

69.6m

Net income (Q3, 2018)

(3.2m)

EBIT (Q3, 2018)

2.5m

Market capitalization (11-Jan-2019)

690.3m

Closing stock price (11-Jan-2019)

8.8

Cash (30-Sep-2018)

45.9m
ORBCOMM's current market capitalization is $690.3 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

74.2m96.2m178.3m186.7m254.2m

Revenue growth, %

30%85%5%36%

Cost of goods sold

20.3m34.1m37.9m50.5m

Gross profit

75.9m144.2m148.8m203.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

19.7m19.4m24.3m23.1m42.3m44.9m46.1m43.6m50.1m46.3m51.9m57.0m69.4m68.0m135.3m69.6m

Cost of goods sold

5.1m4.6m5.3m7.7m8.3m8.8m9.2m9.4m9.8m9.6m10.6m13.6m15.5m

Gross profit

14.3m19.7m17.8m34.6m36.6m37.3m34.4m40.7m36.5m42.4m46.3m55.7m52.4m

Gross profit Margin, %

74%81%77%82%81%81%79%81%79%82%81%80%77%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

68.4m91.6m27.1m25.0m34.8m

Accounts Receivable

Inventories

5.2m11.7m20.7m23.2m42.4m

Current Assets

90.0m252.6m84.8m88.2m142.9m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

4.8m(4.5m)(13.0m)(23.2m)(61.2m)

Depreciation and Amortization

6.0m10.9m26.6m42.8m45.7m

Inventories

729.0k(8.0m)(1.9m)(16.9m)

Accounts Payable

(1.5m)(3.0m)4.9m12.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

3.9m(404.0k)1.0m1.0m(2.7m)(15.0m)(13.3m)(2.1m)(6.2m)(14.0m)(3.3m)(14.0m)(53.7m)(10.1m)(17.2m)(20.4m)

Depreciation and Amortization

4.2m1.8m4.0m6.5m6.5m13.1m19.4m9.0m20.5m11.2m11.0m22.4m34.5m12.2m24.1m36.1m

Inventories

1.4m(34.0k)(1.1m)(5.6m)15.8m(4.5m)(4.3m)(864.0k)951.0k21.7m(151.0k)(5.4m)(11.9m)(5.5m)

Accounts Payable

(2.6m)(2.2m)(2.0m)1.2m8.7m(8.3m)(8.7m)(877.0k)1.3m10.7m(3.5m)(523.0k)8.9m2.1m
USDY, 2018

Financial Leverage

2.3 x
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ORBCOMM Operating Metrics

FY, 2014FY, 2015FY, 2016

OG2 Satellites Launched

6 17 17

Patents Issued

87 110 86
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ORBCOMM Revenue Breakdown

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ORBCOMM revenue breakdown by geographic segment: 7.0% from South America, 9.0% from Europe, 78.0% from United States and 6.0% from Other

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ORBCOMM Online and Social Media Presence

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ORBCOMM News and Updates

FIRST UP Satcom | Orbcomm satellite breaks up • OneWeb denies Russian investment talks

One of Orbcomm’s first-generation satellites broke up Dec. 22, resulting in 34 trackable objects, according to the U.S. Air Force’s 18 Space Control Squadron SpaceNews.com

Cold Chain Monitoring 2018 Global Market Key Players – NXP Semiconductors, NV, NEC Corp, Sensitech, Inc., ORBCOMM, Berlinger & Co AG – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global Cold Chain Monitoring Market Research Report 2018” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Cold Chain Tracking and Monitoring Systems 2018 Global Market Key Players – Sensitech, Inc., ORBCOMM, Testo, Rotronic, ELPRO-BUCHS AG, Emerson, Nietzsche Enterprise, Cold Chain Technologies......

Cold Chain Tracking and Monitoring Systems – Global Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

ORBCOMM Launches Next-Generation Refrigerated Container Monitoring Solution

Improves visibility, management and utilization of assets moving along the cold chain through temporary or permanent installation

ORBCOMM Announces Third Quarter 2018 Results

– Total Revenues of $71.0 Million, Service Revenues Up 10% vs Prior Year –

ORBCOMM and Savi Secure Multi-Million Dollar Order to Track and Monitor Nearly 24,000 Assets for the Department of Defense

End-to-end visibility and asset tracking for DoD offers significant manpower savings ROCHELLE PARK, N.J. and ALEXANDRIA, Va., Oct. 30, 2018 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, and Savi®, an i…
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ORBCOMM Blogs

Sea Traffic Management: Maritime Visibility Made Easier

A Deep Dive Into Sea Traffic Management One of the largest challenges in the maritime industry is that there is no coordinated system that allows the monitoring and control of vessel passage around the world. Compare this to the airline… Read more › The post Sea Traffic Management: Maritime Visibil…

10 Articles That Caught Our Eye in 2018: Industrial IoT, Satellite, and Telematics Developments

This past year saw plenty of interesting developments in the world of the Industrial Internet of Things (IoT), satellite and telematics. At ORBCOMM, we closely monitor these trends to keep readers up-to-date on the latest evolutions and shifts in industry dynamics. These… Read more › The post 10 Ar…

Predictive Maintenance: The Untapped Advantages of Telematics for Construction

There has been a lot of talk about how analytics will deliver value to the world of construction equipment. We believe that 2019 is the year analytics will deliver on that promise, leveraging telematics data to deliver results. But beyond… Read more › The post Predictive Maintenance: The Untapped A…

2018’s Top IoT, Telematics and Monitoring Stories

In 2018, industrial Internet of Things (IIoT) technology and the evolution of telematics continued their rapid advances into all our markets, across land and maritime transportation, supply chain, heavy equipment, and other key industrial and government sectors. IoT permeates so… Read more › The po…

A Look Back at 2018: ORBCOMM’s Year of Growth, Insight and Innovation

As we wind to the end of another eventful year, ORBCOMM would like to extend Season’s Greetings and best wishes for every success in 2019 to all our customers, channel partners, suppliers and business colleagues around the world. As usual,… Read more › The post A Look Back at 2018: ORBCOMM’s Year o…

One-Year Itch: 9 Reasons to Switch from Your Current ELD Solution

We are one year in with one year to go in the ELD phase-in process. There are 365 days to go until the mandatory use of ELDs will be introduced on December 16, 2019, the final date for full ELD… Read more › The post One-Year Itch: 9 Reasons to Switch from Your Current ELD Solution appeared first on…
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ORBCOMM Company Life and Culture

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ORBCOMM Frequently Asked Questions

  • When was ORBCOMM founded?

    ORBCOMM was founded in 1993.

  • Who are ORBCOMM key executives?

    ORBCOMM's key executives are Marc Eisenberg, Mike Ford and Craig Malone.

  • How many employees does ORBCOMM have?

    ORBCOMM has 758 employees.

  • What is ORBCOMM revenue?

    Latest ORBCOMM annual revenue is $254.2 m.

  • What is ORBCOMM revenue per employee?

    Latest ORBCOMM revenue per employee is $335.4 k.

  • Who are ORBCOMM competitors?

    Competitors of ORBCOMM include Globalstar, Iridium Communications and 1ot.

  • Where is ORBCOMM headquarters?

    ORBCOMM headquarters is located at 395 W Passaic St, Suite 325, Rochelle Park.

  • Where are ORBCOMM offices?

    ORBCOMM has offices in Rochelle Park, San Jose, Salt Lake City, Utica and in 10 other locations.

  • How many offices does ORBCOMM have?

    ORBCOMM has 14 offices.