Orbcomm inc. (ORBC)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues:
Revenues

267,515

266,254

263,202

265,104

269,732

270,607

271,896

259,244

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

272,157

272,013

268,668

270,517

274,202

276,140

285,779

284,103

270,272

254,220

225,076

201,998

195,105

186,744

184,908

184,704

179,523

178,293

162,765

139,807

119,222

96,242

86,014

82,581

76,842

74,212

71,178

67,579

65,339

64,498

61,966

59,812

54,302

46,306

46,544

40,441

0

0

0

Cost of revenues, exclusive of depreciation and amortization shown below:
Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

45,950

44,125

41,043

40,670

0

0

0

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Selling, general and administrative

72,141

69,590

68,478

65,090

66,667

66,988

67,776

66,708

61,012

55,753

51,401

49,677

47,400

46,915

46,104

44,741

44,710

44,395

40,283

38,335

35,624

30,989

29,729

27,222

25,280

24,551

23,069

22,246

21,473

20,737

22,150

21,906

20,956

20,036

18,202

17,076

0

0

0

Product development

14,573

14,720

15,119

15,249

14,559

13,405

12,648

11,285

10,166

8,941

7,090

5,854

5,883

6,252

6,967

6,952

6,818

6,469

5,415

5,001

3,824

2,895

2,897

2,815

2,652

2,759

2,615

2,539

2,683

2,456

2,232

1,963

1,622

1,237

979

777

0

0

0

Impairment charges - satellite network

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Depreciation and amortization

51,388

50,702

51,536

50,823

50,139

49,684

47,364

47,324

46,882

45,681

45,598

44,715

44,866

42,803

38,813

33,986

29,075

26,571

23,812

19,962

15,512

10,856

8,257

7,362

6,542

6,001

0

0

0

-

-

-

-

-

-

-

-

-

-

Acquisition-related and integration costs

664

788

822

1,213

1,233

1,624

2,520

2,925

3,693

3,315

2,741

2,187

1,494

1,630

1,921

2,175

2,716

4,803

6,267

6,014

5,086

3,819

1,880

2,404

2,438

1,658

1,395

691

685

704

882

1,206

1,774

1,608

0

0

0

-

-

Total costs and expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54,438

53,948

50,848

45,321

46,834

41,382

0

0

0

Loss from operations

4,463

5,572

2,754

2,948

1,960

-2,189

-7,314

-44,019

-44,735

-40,882

-37,200

-15,032

-14,747

-14,486

-11,347

3,899

-6,052

-7,215

-12,910

-16,028

-2,668

-1,606

3,187

4,322

4,131

5,701

6,585

7,939

8,706

9,098

7,528

5,864

3,454

985

-290

-941

0

0

0

Other income (expense):
Interest income

1,981

1,957

1,750

1,954

1,835

1,918

2,013

1,631

1,316

959

617

451

408

378

381

371

361

344

261

185

116

47

36

27

23

38

53

72

83

93

92

99

120

147

197

221

0

0

0

Other income (expense)

-637

-129

67

-1

454

45

158

6

-332

-160

-61

397

679

484

367

-144

-39

339

440

587

444

240

98

77

368

373

410

385

38

96

91

61

-251

-197

-115

-140

0

0

0

Interest expense

21,154

21,149

21,172

21,117

21,096

21,055

20,920

20,885

20,427

17,653

14,936

12,210

9,812

9,085

7,951

6,812

5,699

5,242

4,051

2,721

1,389

149

8

9

14

58

65

75

78

56

-27

70

140

164

284

222

0

0

0

Loss on debt extinguishment

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,062

0

0

0

-

-

-

-

-

-

Total other expense

-19,810

-19,321

-19,355

-19,164

-18,807

-19,092

-18,749

-19,248

-23,311

-20,722

-18,248

-15,230

-8,725

-8,223

-7,203

-6,585

-5,377

-4,559

-5,999

-4,598

-3,478

-2,511

126

95

377

353

398

382

43

1,195

1,272

1,152

791

-214

-202

-63

0

0

0

Loss before income taxes

-15,347

-13,749

-16,601

-16,216

-16,847

-21,281

-26,063

-63,267

-68,046

-61,604

-55,448

-30,262

-23,472

-22,709

-18,550

-2,686

-11,429

-11,774

-18,909

-20,626

-6,146

-4,117

3,313

4,417

4,508

6,054

6,983

8,321

8,749

10,293

8,800

7,016

4,245

771

-492

-1,004

0

0

0

Income taxes

4,226

4,383

4,602

4,340

4,425

4,658

1,809

1,046

-89

-409

1,340

852

978

517

1,282

1,512

910

1,225

-25

-101

712

408

1,437

1,546

1,323

1,295

913

943

1,141

1,390

1,329

1,317

1,110

827

0

0

0

-

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net loss

-19,573

-18,132

-21,203

-20,556

-21,272

-25,939

-27,872

-64,313

-67,957

-61,195

-56,788

-31,114

-24,450

-23,226

-19,832

-4,198

-12,339

-12,999

-18,884

-20,525

-6,858

-4,525

1,876

2,871

3,185

4,759

6,070

7,378

7,608

8,903

7,471

5,699

3,135

-56

-1,183

-4,902

0

0

0

Less: Net income attributable to noncontrolling interests

335

291

360

289

376

305

250

196

70

89

182

215

308

285

235

237

135

252

229

212

268

159

118

94

125

160

163

133

167

161

157

154

13

-38

143

275

0

0

0

Net loss attributable to ORBCOMM Inc.

-19,908

-18,423

-21,563

-20,845

-21,648

-26,244

-28,122

-64,509

-68,027

-61,284

-56,970

-31,329

-24,758

-23,511

-20,067

-4,435

-12,474

-13,251

-19,113

-20,737

-7,126

-4,684

1,758

2,777

3,060

4,599

5,907

7,245

7,441

8,742

7,314

5,545

3,122

-18

-1,326

-5,177

0

0

0

Net loss attributable to ORBCOMM Inc. common stockholders

-19,920

-18,435

-21,582

-20,852

-21,666

-26,262

-28,133

-64,532

-68,039

-61,296

-56,989

-31,343

-24,772

-23,525

-20,083

-4,453

-12,501

-13,287

-19,158

-20,773

-7,162

-4,721

1,726

2,730

3,007

4,540

5,845

7,181

7,375

8,673

7,243

5,482

3,076

-45

-1,335

0

0

0

-

Per share information-basic:
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net loss attributable to ORBCOMM Inc. common stockholders

-0.09

-0.03

-0.05

-0.08

-0.07

-0.08

-0.04

-0.09

-0.13

-0.10

-0.54

-0.15

-0.05

-0.04

-0.20

-0.06

-0.03

0.00

0.02

-0.17

-0.04

-0.10

0.00

0.03

-0.01

0.02

0.02

0.04

0.02

-

-

-

-

-

-

-

-

-0.01

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.08

Net income attributable to ORBCOMM Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

0.04

0.05

-

0.01

-0.01

-0.02

-0.01

-0.08

Per share information-diluted:
Net loss attributable to ORBCOMM Inc. common stockholders

-0.09

-0.03

-0.05

-0.08

-0.07

-0.08

-0.04

-0.09

-0.13

-0.10

-0.54

-0.15

-0.05

-0.04

-0.20

-0.06

-0.03

0.00

0.02

-0.17

-0.04

-0.09

0.00

0.02

-0.01

0.02

0.02

0.03

0.02

-

-

-

-

-

-

-

-

-0.01

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.08

Net income attributable to ORBCOMM Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

0.04

0.05

-

0.01

-0.01

-0.02

-0.01

-0.08

Weighted average common shares outstanding:
Basic

78,313

78,266

79,695

79,688

79,387

78,955

78,649

78,079

74,729

74,364

73,762

71,978

71,424

71,031

70,997

70,900

70,700

70,551

70,460

70,427

70,238

63,077

55,247

55,199

53,213

48,049

47,498

47,296

46,837

46,754

46,729

46,706

46,351

45,714

45,665

44,211

42,726

42,604

42,563

Diluted

78,313

78,266

79,695

79,688

79,387

78,955

78,649

78,079

74,729

74,364

73,762

71,978

71,424

71,031

70,997

70,900

70,700

69,093

71,918

70,427

70,238

61,496

55,247

56,780

53,213

49,779

48,728

48,430

48,143

48,453

47,559

47,146

46,898

45,591

45,788

44,211

42,726

42,604

42,613

Service [Member]
Revenues

162,111

160,594

157,944

155,867

154,604

153,589

154,249

150,816

143,418

134,938

125,056

118,862

115,479

112,881

110,594

106,796

103,113

99,973

88,016

78,152

69,043

59,695

59,295

57,878

56,493

55,957

53,543

52,484

51,385

49,026

47,478

45,085

41,647

37,513

39,667

36,629

0

0

0

Cost of goods and services sold

52,298

52,264

51,603

51,799

50,683

53,184

57,396

58,270

56,527

50,548

43,439

39,592

38,294

37,913

37,651

36,626

35,593

34,109

30,136

26,661

22,973

20,339

20,485

20,343

20,139

19,806

16,478

16,437

16,961

16,930

18,827

18,202

17,027

15,784

14,802

13,379

0

0

0

Product [Member]
Revenues

105,404

105,660

105,258

109,237

115,128

117,018

121,916

116,660

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

110,046

111,419

110,724

114,650

119,598

122,551

131,530

133,287

126,854

119,282

100,020

83,136

79,626

73,863

74,314

77,908

76,410

78,320

74,749

61,655

50,179

36,547

26,719

24,703

20,349

18,255

17,635

15,095

13,954

15,472

14,488

14,727

12,655

8,793

6,877

3,812

0

0

0

Cost of goods and services sold

76,630

78,377

78,356

83,395

88,961

93,444

105,389

110,386

105,503

99,640

80,783

64,325

61,235

55,037

54,119

56,325

53,915

56,413

56,409

46,509

38,266

28,345

19,579

18,113

15,660

13,736

12,205

10,482

8,956

9,956

10,347

10,671

9,469

6,656

4,916

2,606

0

0

0