ORBCOMM is a company that offers industrial Internet of things (IoT) and machine to machine (M2M) communications solutions designed to track, monitor, and control fixed and mobile assets in markets including transportation, heavy equipment, maritime, oil and gas, utilities and government. The Company provides hardware devices, modems, web applications and data services delivered over multiple satellite and cellular networks.

Type
Public
HQ
Rochelle Park, US
Founded
1993
Size (employees)
542 (est)
ORBCOMM was founded in 1993 and is headquartered in Rochelle Park, US
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ORBCOMM Office Locations

ORBCOMM has offices in Hong Kong, Ottawa, Utica, Sterling and in 5 other locations
Rochelle Park, US (HQ)
395 W Passaic St, Suite 325
Sterling, US
22970 Indian Creek Dr, Suite 300
Utica, US
125 Business Park Dr, Suite 100
Ottawa, CA
750 Palladium Dr, Suite 368
Bonn, DE
23 Joseph-Schumpeter-Allee
Hong Kong, HK
30 Corporation Park 11 On Lai St
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ORBCOMM Financials and Metrics

ORBCOMM Financials

ORBCOMM's revenue was reported to be $254.22 m in FY, 2017
USD

Revenue (FY, 2017)

254.2 m

Gross profit (FY, 2017)

203.7 m

Gross profit margin (FY, 2017), %

80.1%

Net income (FY, 2017)

(61.2 m)

EBIT (FY, 2017)

(40.9 m)

Market capitalization (25-Apr-2018)

656.7 m

Cash (31-Dec-2017)

34.8 m
ORBCOMM's current market capitalization is $656.7 m.
Annual
USDFY, 2013FY, 2014Y, 2015FY, 2016FY, 2017

Revenue

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

Revenue growth, %

30%85%5%

Cost of goods sold

20.3 m34.1 m37.9 m50.5 m

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

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

Accounts Receivable

Inventories

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

Current Assets

90 m252.6 m84.8 m88.2 m142.9 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

77.5 m74.7 m48.7 m40.6 m80.7 m64.7 m58.5 m21.2 m15.5 m21.3 m20 m84 m37.4 m

Inventories

4 m6.6 m7.6 m12 m15.8 m17.3 m17.1 m21.7 m20.4 m21.7 m23.4 m29.7 m36.2 m

Current Assets

96.7 m100.1 m78.6 m73.6 m132.3 m120.6 m118.2 m81.4 m82.1 m82.3 m88.2 m170.1 m173.2 m

Goodwill

19.8 m40.7 m40.1 m39.9 m102.7 m102.1 m101.9 m112.4 m114 m114 m114 m137.4 m133 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

4.8 m(4.5 m)(13 m)(23.2 m)(61.2 m)

Depreciation and Amortization

10.9 m26.6 m42.8 m45.7 m

Inventories

(8 m)(2 m)(16.9 m)

Accounts Payable

12.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

999 k(404 k)1.4 m4 k(2.7 m)1 m1 m(2.7 m)(15 m)(13.3 m)(2.1 m)(6.2 m)(20.1 m)

Depreciation and Amortization

1.8 m2.2 m2.5 m6.5 m6.6 m6.3 m9 m11.6 m11.2 m11 m

Inventories

7.6 m12 m15.8 m17.3 m17.1 m21.7 m20.4 m21.7 m23.4 m

Accounts Payable

7.4 m7.2 m8.7 m9.6 m9 m9.9 m14.4 m10.7 m12.5 m
USDY, 2017

Revenue/Employee

469 k

Financial Leverage

2.4 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 News and Updates

Satellite Modem 2018 Global Market Key Players - ORBCOMM INC., ViaSat Inc., Gilat Satellite Networks Ltd., Novelsat, Comtech EF Data Corporation

Wiseguyreports.Com Adds “Satellite Modem – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

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The report provides in depth study of “Cold Chain Monitoring Devices” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization Posted via Industry Today. Follow us on Twitter @IndustryToday
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