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Orbcomm Inc (ORBC)

Orbcomm Inc (ORBC)
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ORBCOMM INC., is a leading global satellite data communications company, focused on Machine-to-Machine communications. Its customers include General Electric, Caterpillar Inc., Volvo Group and Komatsu Ltd. among other industry leaders. By means of a global network of twenty nine low-earth orbit satellites and accompanying ground infrastructure, ORBCOMM's low-cost and reliable two-way data communications products and services track, monitor and control mobile and fixed assets in four core markets: commercial transportation; heavy equipment; industrial fixed assets; and marine/homeland security. The company's products are installed on trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and other assets. ORBCOMM is headquartered in Fort Lee, New Jersey and has a Network Control Center in Dulles, Virginia.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020 Jun, 2020
Sales 65,930 63,700 63,810 61,740 56,730
Sales Growth +3.50% -0.17% +3.35% +8.83% -14.28%
Net Income -7,640 -10,560 -14,770 -5,530 -6,670
Net Income Growth +27.65% +28.50% -167.09% +17.09% +4.44%
(Values in U.S. Thousands) Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020 Jun, 2020
Total Assets 478,560 501,450 510,850 563,300 556,800
Total Assets Growth -4.56% -1.84% -9.31% +1.17% -4.61%
Total Liabilities 284,730 302,280 301,430 341,070 331,230
Total Liabilities Growth -5.81% +0.28% -11.62% +2.97% -6.36%
(Values in U.S. Thousands) Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020 Jun, 2020
Operating Cash Flow 16,640 6,680 48,420 39,440 20,780
Operating Cash Flow Growth +149.10% -86.20% +22.77% +89.80% +153.11%
Net Cash Flow -10,740 -2,040 -13,870 22,090 8,100
Change in Net Cash Flow -426.47% +85.29% -162.79% +172.72% -48.90%
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