ORBCOMM INC. ORBC Income Statement

Orbcomm inc. (ORBC)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues:
Revenues
266,254	270,607	247,880	186,744	-	-	-	-	-	-	-
Total revenues
272,013	276,140	254,220	186,744	178,293	96,242	74,212	64,498	46,306	36,676	27,566
Cost of revenues, exclusive of depreciation and amortization shown below:
Gross profit
-	-	-	-	-	-	40,670	37,612	-	-	-
Operating expenses:
Selling, general and administrative
69,590	66,988	55,753	46,915	44,395	30,989	24,551	20,737	20,036	16,728	17,172
Product development
14,720	13,405	8,941	6,252	6,469	2,895	2,759	2,456	1,237	663	714
Insurance recovery - satellite network
-	-	-	-	-	-	-	10,000	-	0	44,250
Impairment charges - satellite network
-	-	31,224	10,680	12,748	605	-	9,793	-	6,509	29,244
Depreciation and amortization
50,702	49,684	45,681	42,803	26,571	10,856	6,001	4,824	-	-	-
Acquisition-related and integration costs
788	1,624	3,315	1,630	4,803	3,819	1,658	704	1,608	-	-
Total costs and expenses
-	-	-	-	-	-	-	-	45,321	38,094	30,031
Loss from operations
5,572	-2,189	-40,882	-14,486	-7,215	-1,606	5,701	9,098	985	-1,418	-2,465
Other income (expense):
Interest income
1,957	1,918	959	378	344	47	38	93	147	218	85
Other income (expense)
-129	45	-160	484	339	240	373	96	-197	-16	218
Interest expense
21,149	21,055	17,653	9,085	5,242	149	58	56	164	192	193
Loss on debt extinguishment
-	-	-3,868	-	-	-2,649	-	1,062	-	0	-
Total other expense
-19,321	-19,092	-20,722	-8,223	-4,559	-2,511	353	1,195	-214	10	110
Loss before income taxes
-13,749	-21,281	-61,604	-22,709	-11,774	-4,117	6,054	10,293	771	-1,408	-2,355
Income taxes
4,383	4,658	-409	517	1,225	408	1,295	1,390	827	-216	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-1,192	-2,355
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-3,753	-954
Net loss
-18,132	-25,939	-61,195	-23,226	-12,999	-4,525	4,759	8,903	-56	-4,945	-3,309
Less: Net income attributable to noncontrolling interests
291	305	89	285	252	159	160	161	-38	224	130
Net loss attributable to ORBCOMM Inc.
-18,423	-26,244	-61,284	-23,511	-13,251	-4,684	4,599	8,742	-18	-5,169	-3,439
Net loss attributable to ORBCOMM Inc. common stockholders
-18,435	-26,262	-61,296	-23,525	-13,287	-4,721	4,540	8,673	-45	-5,169	-3,439
Per share information-basic:
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-1,416	-2,485
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-3,753	-954
Net loss attributable to ORBCOMM Inc. common stockholders
-0.23	-0.34	-0.84	-0.33	-0.19	-0.08	0.10	0.19	0.00	-0.03	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-0.09	-0.02
Net income attributable to ORBCOMM Inc.
-	-	-	-	-	-	-	-	-	-0.12	-
Per share information-diluted:
Net loss attributable to ORBCOMM Inc. common stockholders
-0.23	-0.34	-0.84	-0.33	-0.19	-0.08	0.09	0.18	0.00	-0.03	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-0.09	-
Net income attributable to ORBCOMM Inc.
-	-	-	-	-	-	-	-	-	-0.12	-
Weighted average common shares outstanding:
Basic
79,259	77,603	72,882	70,907	70,419	56,684	47,420	46,635	44,579	42,586	-
Diluted
79,259	77,603	72,882	70,907	70,419	56,684	48,770	47,514	44,579	42,586	-
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-0.06
Net loss attributable to ORBCOMM Inc. common stockholders
-	-	-	-	-	-	-	-	-	-	-0.08
Basic and Diluted
-	-	-	-	-	-	-	-	-	-	42
Service [Member]
Revenues
160,594	153,589	134,938	112,881	99,973	59,695	55,957	49,026	37,513	34,257	27,143
Cost of goods and services sold
52,264	53,184	50,548	37,913	34,109	20,339	19,806	16,930	15,784	12,683	26,891
Product [Member]
Revenues
105,660	117,018	112,942	73,863	-	-	-	-	-	-	-
Total revenues
111,419	122,551	119,282	73,863	78,320	36,547	18,255	15,472	8,793	2,419	423
Cost of goods and services sold
78,377	93,444	99,640	55,037	56,413	28,345	13,736	9,956	6,656	1,511	260