Technical Communications Corporation designs, develops, integrates, markets and services superior-grade systems and custom solutions to secure voice, data and video communications in demanding environments worldwide. Our universal encryption products deliver end-to-end protection over a wide range of networks, and are optimized for performance, cryptographic strength and ease of use, supporting our CipherONE® Optimized Network Encryption best-in-class criteria. Additionally, TCC specializes in meeting unique customer requirements, including integrating TCC technology, designing custom algorithms and new solutions, embedding encryption and much more.

TCC has many long-term relationships around the globe, while our large base of international representatives, direct sales force, and technical field staff give each customer personalized service and support. Today, government entities, military agencies and corporate enterprises in 115 countries have selected TCC's proven security to protect their mission-critical communications. With over 50 years of proven results, full lifecycle services and a commitment to customer satisfaction, TCC strives to be your security partner of choice.

Technical Communications Corporation is headquartered in Concord, US

Technical Communications Corporation has an office in Concord

Concord, US (HQ)

100 Domino Dr

Technical Communications Corporation's revenue was reported to be $1.4 m in Q2, 2017

USD

## Revenue (Q2, 2017) | 1.4 m |

## Gross profit (Q2, 2017) | 1.1 m |

## Gross profit margin (Q2, 2017), % | 83% |

## Net income (Q2, 2017) | (566.9 k) |

## EBIT (Q2, 2017) | 125.4 k |

## Market capitalization (15-Aug-2017) | 13 m |

## Cash (01-Apr-2017) | 1.1 m |

Technical Communications Corporation's current market capitalization is $13 m.

- Source: Company Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 6.2 m | 6.1 m | 5.9 m | 2.5 m |

## Revenue growth, % | (2%) | (3%) | (58%) | |

## Cost of goods sold | 2.1 m | 2 m | 2.6 m | 2 m |

## Gross profit | 4.1 m | 4.1 m | 3.4 m | 509.3 k |

## Gross profit Margin, % | 66% | 67% | 57% | 20% |

## R&D expense | 2.7 m | 2.7 m | 2.3 m | 828 k |

## General and administrative expense | 3 m | 3 m | 2.9 m | 2.7 m |

## Operating expense total | 5.7 m | 5.7 m | 5.2 m | 3.5 m |

## EBIT | (1.5 m) | (1.6 m) | (1.9 m) | (3 m) |

## EBIT margin, % | (25%) | (26%) | (32%) | (118%) |

## Pre tax profit | (1.5 m) | |||

## Income tax expense | (798.8 k) | 990.1 k | (34.6 k) | (43.5 k) |

## Net Income | (714.1 k) | (2.6 m) | (1.8 m) | (2.5 m) |

USD | Q3, 2014^{} | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q2, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Revenue | 777.9 k | 883.1 k | 2.4 m | 1.8 m | 979.4 k | 557.4 k | 581.4 k | 1.4 m |

## Cost of goods sold | 312.4 k | 271 k | 649.3 k | 606.8 k | 412.6 k | 358.4 k | 626.3 k | 238.3 k |

## Gross profit | 465.5 k | 612.1 k | 1.7 m | 1.1 m | 566.8 k | 199.1 k | (44.9 k) | 1.1 m |

## Gross profit Margin, % | 60% | 69% | 73% | 65% | 58% | 36% | (8%) | 83% |

## R&D expense | 584.9 k | 589.6 k | 753 k | 562.9 k | 303.6 k | 202.2 k | 215 k | 476.5 k |

## General and administrative expense | 775.7 k | 756 k | 765.4 k | 758.6 k | 684.5 k | 724.6 k | 717.6 k | 544.9 k |

## Operating expense total | 1.4 m | 1.3 m | 1.5 m | 1.3 m | 1.1 m | 926.9 k | 932.5 k | 1 m |

## EBIT | (895.1 k) | (733.5 k) | 204.9 k | (172.6 k) | (421.2 k) | (977.5 k) | 125.4 k | |

## EBIT margin, % | (115%) | (83%) | 9% | (10%) | (43%) | (168%) | 9% | |

## Interest income | 7.3 k | 5.9 k | 5.1 k | 4 k | 3.4 k | 2.8 k | 2.6 k | 2.3 k |

## Pre tax profit | (727.6 k) | (262.7 k) | ||||||

## Income tax expense | 95.7 k | 73.4 k | 821.1 k | (34.6 k) | ||||

## Net Income | (983.4 k) | (727.6 k) | 210 k | (651.6 k) | (417.8 k) | (680.5 k) | (1.6 m) | (566.9 k) |

- Source: Company Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 2.8 m | 3.2 m | 2.3 m | 2.6 m |

## Accounts Receivable | 229.5 m | 222.3 m | 276.4 m | 330 m |

## Inventories | 2.6 m | 2.7 m | 1.6 m | |

## Current Assets | 10.4 m | 8.3 m | 6.7 m | 4.9 m |

## Total Assets | 12.4 m | 9.8 m | 8 m | 5.5 m |

## Accounts Payable | 261.6 k | 173.6 k | 179.6 k | 119.1 k |

## Current Liabilities | 929 k | 741.5 k | 643 k | 556.8 k |

## Additional Paid-in Capital | 3.8 m | 4 m | 4.1 m | 4.1 m |

## Retained Earnings | 7.5 m | 4.9 m | 3.1 m | 606.4 k |

## Total Equity | 11.4 m | 9.1 m | 7.4 m | 4.9 m |

## Financial Leverage | 1.1 x | 1.1 x | 1.1 x | 1.1 x |

USD | Q3, 2014^{} | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q2, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Cash | 3 m | 1.8 m | 1.6 m | 2.6 m | 1.3 m | 3.5 m | 2.5 m | 1.1 m |

## Inventories | 2.5 m | 3.1 m | 2.8 m | 2.5 m | 1.9 m | 1.9 m | 1.8 m | 1.8 m |

## Current Assets | 9 m | 7.7 m | 7.9 m | 7.8 m | 6.5 m | 6.4 m | 5.6 m | 4.7 m |

## Total Assets | 10.7 m | 9.4 m | 9.4 m | 9.2 m | 7.5 m | 7.3 m | 6.2 m | 4.8 m |

## Accounts Payable | 257.7 k | 347.8 k | 297.9 k | 238.8 k | 98.9 k | 141.5 k | 108.7 k | 91.2 k |

## Current Liabilities | 1.4 m | 974.8 k | 749.9 k | 681.1 k | 534.4 k | 575.3 k | 463.9 k | 405.1 k |

## Additional Paid-in Capital | 3.9 m | 4 m | 4.1 m | 4.1 m | 4.1 m | 4.1 m | 4.1 m | 4.1 m |

## Retained Earnings | 5.2 m | 4.2 m | 4.4 m | 4.2 m | 2.7 m | 2.4 m | 1.5 m | 39.4 k |

## Total Equity | 9.3 m | 8.4 m | 8.6 m | 8.5 m | 7 m | 6.7 m | 5.8 m | 4.4 m |

## Financial Leverage | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | (714.1 k) | (2.6 m) | (1.8 m) | (2.5 m) |

## Depreciation and Amortization | 199.1 k | 201.8 k | 199.3 k | 158.8 k |

## Accounts Receivable | 4.7 k | 972.6 k | (1.4 m) | 1.7 m |

## Inventories | 14.8 k | (102.7 k) | 182.6 k | (25.7 k) |

## Accounts Payable | (4.1 m) | (9.4 m) | (10.4 m) | 26.2 m |

## Dividends Paid | (183.9 k) | |||

## Income Taxes Paid | 576 | 4.9 k | 982 | 1.9 k |

USD | Q3, 2014^{} | Q1, 2014^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q2, 2017^{} |
---|---|---|---|---|---|---|---|---|

## Net Income | (983.4 k) | (727.6 k) | 210 k | (651.6 k) | (417.8 k) | (680.5 k) | (1.6 m) | (566.9 k) |

## Depreciation and Amortization | 150.8 k | 46.3 k | 82.2 k | 118.3 k | 66.6 k | |||

## Accounts Receivable | (1.1 m) | (570.1 k) | 1.6 m | 1.4 m | (784.1 k) | |||

## Inventories | 2.5 m | 269.9 k | (45.9 k) | (87.6 k) | 84.1 k | (190.1 k) | ||

## Accounts Payable | 257.7 k | 347.8 k | 297.9 k | |||||

## Cash From Operating Activities | (1.3 m) | (1 m) | 378 k | (646.7 k) | (1.6 m) | |||

## Cash From Investing Activities | 1.1 m | 100 k | 845.6 k | 837.5 k | 186.9 k | |||

## Income Taxes Paid | 982 | 1.9 k | 1.9 k | 1.9 k | 856 |

Y, 2017 | |
---|---|

## Financial Leverage | 1.1 x |