OverviewSuggest Edit

ORBCOMM is a provider of Internet of Things (IoT) solutions, including network connectivity, devices, device management and web reporting applications. The company offers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, hardware, and applications backed by end-to-end customer support, from installation to deployment to customer care. Its customer base includes OEMs, solutions customers, and channel partners across the transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government markets.

TypePublic
Founded1993
HQRochelle Park, NJ, US
Websiteorbcomm.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2019)786
Revenue (FY, 2019)$272 M(-1%)
Share Price (Feb 2021)$8.5
Cybersecurity ratingCMore

Key People/Management at ORBCOMM

Marc J. Eisenberg

Marc J. Eisenberg

Chairman & CEO
John J. Stolte

John J. Stolte

Executive Vice President, Technology and Operations
Constantine Milcos

Constantine Milcos

Executive Vice President and Chief Financial Officer
Christian G. Le Brun

Christian G. Le Brun

Executive Vice President and General Counsel
Craig E. Malone

Craig E. Malone

Executive Vice President, Product Development
Aly Bonilla

Aly Bonilla

Vice President, Investor Relations
Show more

ORBCOMM Office Locations

ORBCOMM has offices in Rochelle Park, Boca Raton, Salt Lake City, San Jose and in 13 other locations
Rochelle Park, NJ, US (HQ)
395 W Passaic St #325
Boca Raton, FL, US
2700 N Military Trl #410
Salt Lake City, UT, US
341 Main St #300
San Jose, CA, US
181 Metro Dr #540
Sterling, VA, US
22970 Indian Creek Dr #300
Utica, NY, US
125 Business Park Dr #100
Show all (17)

ORBCOMM Financials and Metrics

ORBCOMM Revenue

Embed Graph
View revenue for all periods
ORBCOMM's revenue was reported to be $272.01 m in FY, 2019 which is a 1.5% decrease from the previous period.
USD

Revenue (Q3, 2020)

61.7m

Net income (Q3, 2020)

(5.5m)

EBIT (Q3, 2020)

632.0k

Market capitalization (8-Feb-2021)

665.0m

Closing stock price (8-Feb-2021)

8.5

Cash (30-Sept-2020)

76.3m

EV

836.0m
ORBCOMM's current market capitalization is $665 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

254.2m276.1m272.0m

Revenue growth, %

36%9%(1%)

Cost of goods sold

150.2m146.6m130.6m

Gross profit

104.0m129.5m141.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

68.0m70.8m71.0m66.0m67.1m69.2m66.2m56.7m61.7m

Cost of goods sold

39.1m37.6m37.4m32.1m33.1m32.2m30.4m

Gross profit

28.9m33.2m33.6m34.0m34.0m37.0m35.8m

Gross profit Margin, %

43%47%47%51%51%53%54%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

34.8m53.8m54.3m

Accounts Receivable

46.9m57.7m60.6m

Prepaid Expenses

18.7m15.6m18.0m

Inventories

42.4m34.3m39.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

28.2m39.0m45.9m58.1m54.8m50.9m70.1m62.4m76.3m

Accounts Receivable

48.5m53.7m58.6m60.2m59.7m61.6m58.5m48.3m53.9m

Prepaid Expenses

19.8m18.8m19.0m17.8m16.3m19.3m16.2m16.9m15.8m

Inventories

48.3m44.9m37.0m35.1m33.6m38.2m40.5m38.3m34.2m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(61.2m)(25.9m)(18.1m)

Depreciation and Amortization

45.7m49.7m50.7m

Inventories

(16.9m)8.3m(5.6m)

Accounts Payable

12.2m(14.9m)1.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(10.1m)(17.2m)(20.4m)(5.4m)(11.8m)(15.7m)(6.8m)(13.5m)(19.0m)

Depreciation and Amortization

12.2m24.1m36.1m12.7m25.2m38.0m13.4m25.8m38.4m

Inventories

(5.5m)(2.3m)5.6m(785.0k)672.0k(4.0m)(608.0k)1.6m5.7m

Accounts Payable

2.1m(13.4m)(11.5m)7.4m(2.4m)7.0m(3.2m)(9.4m)1.3m
USDFY, 2017

Revenue/Employee

335.4k

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x
Show all financial metrics

ORBCOMM Operating Metrics

ORBCOMM's Subscribers was reported to be 2.1 m in FY, 2019.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019May, 2020

Countries

120 130 130 135 135 135

Patents Issued

87 110 86 117 100 100

Resellers

400

Subscribers

2.10 m
Show all operating metrics

ORBCOMM Acquisitions / Subsidiaries

Company NameDateDeal Size
Blue Tree Systems Inc.October 02, 2017
INTHINC LLCJune 12, 2017
skygisticsApril 12, 2016
WAM TechnologiesOctober 06, 2015
InSync Software, Inc.January 20, 2015
SkyWave Mobile LLCNovember 06, 2014$130 m
Ameriscan, Inc.
Blue Tree Systems GmbH
Blue Tree Systems Ltd.
Blue Tree Systems SARL
Show more

ORBCOMM Revenue Breakdown

Embed Graph

ORBCOMM revenue breakdown by business segment: 41.0% from Product Sales and 59.0% from Service Revenues

ORBCOMM Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

ORBCOMM Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

ORBCOMM Online and Social Media Presence

Embed Graph

ORBCOMM News and Updates

ORBCOMM to Host Fourth Quarter and Full Year 2020 Results Conference Call

ROCHELLE PARK, N.J., Feb. 05, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that its senior management team will host a conference call to review fourth quarter and full year 2020 results on Wednesday, February 24, 20…

ORBCOMM Wins 2021 IoT Breakthrough Award for M2M Vehicle Telematics Company of the Year

Recognized for developing the next-gen ORBCOMM Platform and providing fleet customers with a complete view of all asset types and unparalleled processing power and bandwidth Recognized for developing the next-gen ORBCOMM Platform and providing fleet customers with a complete view of all asset types …

ORBCOMM to Participate at the 23rd Annual needham Virtual Growth Conference

ROCHELLE PARK, N.J., Jan. 05, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that its Chief Financial Officer, Dean Milcos, will be participating in the 23rd Annual Needham Virtual Growth Conference. Mr. Milcos is sche…

Lloyd’s List Intelligence Extends Partnership With ORBCOMM for Satellite AIS Data

Supports Lloyd’s List Intelligence’s maritime data and analytics services to help their customers resolve problems, build strategies and make confident decisions Supports Lloyd’s List Intelligence’s maritime data and analytics services to help their customers resolve problems, build strategies and m…

ORBCOMM Wins $45.6 Million Single-Award, Multi-Year Contract With the U.S. Army

Provides a common, integrated structure for logistics tracking, locating and monitoring of government assets Provides a common, integrated structure for logistics tracking, locating and monitoring of government assets

ORBCOMM Poised to Support Its Transportation Customers in Global COVID-19 Vaccine Distribution

Industry-leading satellite-cellular IoT technology uniquely positioned to ensure visibility, security and integrity of temperature-sensitive freight throughout the cold chain Industry-leading satellite-cellular IoT technology uniquely positioned to ensure visibility, security and integrity of temper…
Show more

ORBCOMM Blogs

Helping Keelings Keep its Cool with Refrigerated Transportation: Case Study

“Things like live temperature tracking, Tacho, Working Hours Analysis, the Critical Events. These are useful and I can see it all at the click of a button.” – Dermot Byrne, National Transport Manager with Keelings Retail U.C. Download our latest… Read more › The post Helping Keelings Keep its Cool …

AF Blakemore’s Fresh Take on Driver Performance Scoring: Case Study

“Anticipation and coasting are two of the things that drive MPG, so we are focusing on those. Because they are the ones that bring pound notes back into the business.” – Dave Higgs, Group Logistics Compliance Manager with AF Blakemore.  In 2020, UK-based food… Read more › The post AF Blakemore’s Fr…

Canadian ELD Webinar: What the ELD Mandate Means for Canadian and U.S. Cross-Border Fleets

Free Live Webinar Hosted by the TCABeyond Borders: What the Canadian ELD Mandate Means to Regional and Cross-Border FleetsWednesday, February 10, 2021, 1:00 PM Eastern The Canadian ELD mandate is fast-approaching. Will your fleet be ready when these new regulations… Read more › The post Canadian EL…

Vessel Tracking: Falcon Mega Solutions Making Seas Safe and Secure for Vessels and their Crew

The open seas have become increasingly dangerous for vessels. Instances of hijackings, kidnappings and piracy episodes are increasing. According to the ICC International Maritime Bureau, there was an increase in piracy and armed robbery on the world’s seas in the… Read more › The post Vessel Tracki…

ELD Update: FMCSA Request for Comment on Yard Move Guidance

The FMCSA has posted a notification to the Federal Registry seeking comment regarding a proposed update and clarification of the use of Yard Move. When the FMCSA published the ELD Mandate it did not specifically define a Yard or the… Read more › The post ELD Update: FMCSA Request for Comment on Yar…

ORBCOMM Supports New DCSA IoT Standard for Refrigerated Container Monitoring On-Board Vessels

As a global leader in industrial Internet of Things (IoT) solutions for supply chain assets, cargo and infrastructure, ORBCOMM welcomes the new IoT connectivity interface standards for monitoring refrigerated containers on-board vessels published December 18 by the Digital Container Shipping Associa…
Show more

ORBCOMM Frequently Asked Questions

  • When was ORBCOMM founded?

    ORBCOMM was founded in 1993.

  • Who are ORBCOMM key executives?

    ORBCOMM's key executives are Marc J. Eisenberg, John J. Stolte and Constantine Milcos.

  • How many employees does ORBCOMM have?

    ORBCOMM has 786 employees.

  • What is ORBCOMM revenue?

    Latest ORBCOMM annual revenue is $272 m.

  • What is ORBCOMM revenue per employee?

    Latest ORBCOMM revenue per employee is $346.1 k.

  • Who are ORBCOMM competitors?

    Competitors of ORBCOMM include Knight Sky, Real-Time Innovations and CalAmp.

  • Where is ORBCOMM headquarters?

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

  • Where are ORBCOMM offices?

    ORBCOMM has offices in Rochelle Park, Boca Raton, Salt Lake City, San Jose and in 13 other locations.

  • How many offices does ORBCOMM have?

    ORBCOMM has 17 offices.