ORBCOMM Inc. (Nasdaq:ORBC) is a leading global provider of Machine-to-Machine (M2M) communication solutions and the only commercial satellite network dedicated to M2M. ORBCOMM's unique combination of global satellite, cellular and dual-mode network connectivity, hardware, web reporting applications and software is the M2M industry's most complete service offering. Our solutions are designed to remotely track, monitor, and control fixed and mobile assets in core vertical markets including transportation & distribution, heavy equipment, industrial fixed assets, oil & gas, maritime, mining and government. With nearly 20 years of innovation and expertise in M2M, ORBCOMM has more than 1.3 million subscribers with a diverse customer base including premier OEMs such as Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery Co., Ltd., John Deere, Komatsu Ltd., and Volvo Construction Equipment, as well as end-to-end solutions customers such as C&S Wholesale, Canadian National Railways, CR England, Hub Group, KLLM Transport Services, Marten Transport, Swift Transportation, Target, Tropicana, Tyson Foods, Walmart and Werner Enterprises.
Company Growth (employees)
Type
Public
HQ
Rochelle Park, US
Size (employees)
542 (est)+18%
ORBCOMM is headquartered in Rochelle Park, US

ORBCOMM Office Locations

ORBCOMM has offices in Rochelle Park, Sterling, Utica, Ottawa and in 2 other locations
Rochelle Park, US (HQ)
325 395 W Passaic St
Bonn, DE
23 25 Joseph Schumpeter Allee
Ottawa, CA
368 750 Palladium Dr
Utica, US
100 125 Business Park Dr
Sterling, US
300 22970 Indian Creek Dr

ORBCOMM Data and Metrics

ORBCOMM Financial Metrics

ORBCOMM's revenue was reported to be $186.7 m in FY, 2016
Numbers are in $, USD

Revenue (FY, 2016)

186.7 m

Revenue growth (FY, 2015 - FY, 2016), %

5%

Gross profit (FY, 2016)

148.8 m

Gross profit margin (FY, 2016), %

80%

Net income (FY, 2016)

(23.2 m)

EBIT (FY, 2016)

(14.5 m)

Market capitalization (26-May-2017)

703.1 m

Closing share price (26-May-2017)

9.9

Cash (31-Dec-2016)

25 m
ORBCOMM's current market capitalization is $703.1 m.
Numbers are in $, USDFY, 2013FY, 2014Y, 2015FY, 2016

Revenue

74.2 m96.2 m178.3 m186.7 m

Revenue growth, %

30%85%5%

Cost of goods sold

20.3 m34.1 m37.9 m

Gross profit

50.3 m75.9 m144.2 m148.8 m

Gross profit Margin, %

68%79%81%80%

Operating expense total

44.6 m

EBIT

5.7 m(1.6 m)(7.2 m)(14.5 m)

EBIT margin, %

8%(2%)(4%)(8%)

Interest expense

58 k149 k5.2 m9.1 m

Interest income

38 k47 k344 k378 k

Pre tax profit

6.1 m(4.1 m)(11.8 m)(22.7 m)

Income tax expense

1.3 m408 k1.2 m517 k

Net Income

4.8 m(4.5 m)(13 m)(23.2 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

68.4 m91.6 m27.1 m25 m

Accounts Receivable

Inventories

5.2 m11.7 m20.7 m23.2 m

Current Assets

90 m252.6 m84.8 m88.2 m

Goodwill

20.3 m39.9 m112.4 m114 m

Total Assets

261.5 m506.5 m526.9 m506.2 m

Accounts Payable

2.6 m8.8 m13.9 m12.5 m

Total Debt

300 m300 m

Current Liabilities

15.5 m32.6 m45.7 m50.3 m

Additional Paid-in Capital

255.4 m376.3 m381.7 m386.9 m

Retained Earnings

(63.4 m)(68.1 m)(81.4 m)(104.9 m)

Total Equity

192.9 m308.5 m299.8 m281.9 m

Debt to Equity Ratio

1 x1 x

Debt to Assets Ratio

0.6 x0.6 x

Financial Leverage

1.4 x1.6 x1.8 x1.8 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

4.8 m(4.5 m)(13 m)(23.2 m)

Depreciation and Amortization

10.9 m26.6 m42.8 m

Accounts Receivable

8 m(1.7 m)

Inventories

(8 m)(2 m)

Accounts Payable

Cash From Operating Activities

33.6 m23.2 m26.1 m28.9 m

Capital Expenditures

(70 m)(28.4 m)

Cash From Investing Activities

(88.6 m)(31.1 m)

Cash From Financing Activities

(1.8 m)3 k

Interest Paid

9 m8.8 m

Income Taxes Paid

723 k(94 k)

Free Cash Flow

96.1 m57.4 m
Y, 2016

Financial Leverage

1.8 x

ORBCOMM Market Value History

ORBCOMM Online and Social Media Presence

ORBCOMM Company Life and Culture

You may also be interested in