C-Com Satellite Systems (CMI) AI Stock Analysis

• Market Cap: C$39.30M
• Dividend Yield: 5.26%
• Average Volume (3M): 7.44K
• Price to Earnings (P/E): 24.4
• Beta (1Y): 2.28
• Revenue Growth: -41.82%
• EPS Growth: -149.06%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 67
• Industry: Communication Equipment
• EPS (TTM): -0.03
• Shares Outstanding: 42,256,500
• 10 Day Avg. Volume: 11,242
• 30 Day Avg. Volume: 7,444
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

C-Com Satellite Systems faces significant challenges with declining revenues and profitability, which are the most significant factors affecting its stock score. The solid balance sheet provides some stability, but the overall financial performance is weak. The bearish technical analysis further pressures the stock’s outlook. Despite a high dividend yield, the negative P/E ratio reflects ongoing financial difficulties, resulting in a below-average overall score.

C-Com Satellite Systems Business Overview & Revenue Model

Company Description

C-Com Satellite Systems (CMI) is a leading provider of mobile satellite-based antenna systems for global communications. The company operates within the technology and telecommunications sectors, specializing in the design, development, and manufacture of portable satellite antenna systems. These systems enable reliable broadband internet access, voice, and data communications for various applications, including emergency response, disaster management, and remote industrial operations.

How the Company Makes Money

C-Com Satellite Systems generates revenue primarily through the sale of its mobile satellite antenna systems. The company's key revenue streams include direct sales to end-users, such as governments, military organizations, and commercial enterprises that require reliable communication solutions in remote or underserved areas. Additionally, C-Com may engage in significant partnerships with satellite service providers and telecommunications companies that integrate its technology into their service offerings. The company might also offer maintenance and support services as an ancillary revenue stream, ensuring that their products remain operational and effective for clients. Factors contributing to C-Com's earnings include the growing demand for remote connectivity solutions and the company's established reputation for quality and innovation in satellite communication technologies.

C-Com Satellite Systems Financial Statement Overview

Summary

C-Com Satellite Systems faces challenges in revenue growth and profitability, as highlighted by negative profit margins and declining revenues. The balance sheet remains robust with low debt levels, but the negative ROE raises concerns about return generation. Cash flow dynamics reveal potential liquidity pressures, despite some ability to convert income to cash. Overall, the company needs to address profitability and cash flow issues to improve financial health.

Income Statement

The company has experienced a decline in revenue and profit margins over the TTM period. Gross Profit Margin stands at 40.76%, indicating some efficiency in managing production costs. However, the Net Profit Margin is negative at -18.52%, highlighting profitability challenges. Revenue has decreased significantly compared to the previous periods, with a TTM Revenue Growth Rate of -24.45%. Additionally, EBIT and EBITDA margins are also negative, at -37.60% and -24.12% respectively, reflecting operational inefficiencies.

Balance Sheet

The balance sheet shows moderate strength with a Debt-to-Equity Ratio of 0.06, suggesting low financial leverage. The Equity Ratio is strong at 88.82%, indicating a solid capital structure with high equity levels relative to total assets. However, the Return on Equity is concerning with a negative value of -4.78%, pointing to inefficiencies in generating returns from equity. Overall, the balance sheet indicates stability but highlights potential profitability issues.

Cash Flow

The cash flow statement presents mixed results. Operating Cash Flow to Net Income Ratio is positive at 0.27, indicating some ability to convert net income into cash. However, Free Cash Flow has decreased significantly, with a Free Cash Flow Growth Rate of -88.54%, reflecting potential liquidity concerns. The Free Cash Flow to Net Income Ratio is also positive at 0.27, but the substantial decline in free cash flow warrants attention.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
7.89M	8.29M	11.65M	9.15M	6.46M
	Gross Profit
3.77M	5.73M	5.83M	5.49M	3.80M
	EBIT
-931.58K	1.53M	956.29K	1.81M	-351.56K
	EBITDA
99.11K	1.57M	1.43M	1.85M	-124.44K
	Net Income Common Stockholders
-211.47K	1.67M	1.14M	1.42M	-94.56K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
15.94M	15.44M	18.85M	17.07M	14.86M
	Total Assets
26.56M	26.63M	26.87M	26.34M	23.46M
	Total Debt
1.50M	0.00	0.00	0.00	0.00
	Net Debt
-4.39M	-5.48M	-10.13M	-8.88M	-6.78M
	Total Liabilities
3.00M	1.09M	1.65M	1.81M	1.12M
	Stockholders Equity
23.56M	25.53M	25.22M	24.53M	22.35M
Cash Flow		Free Cash Flow
2.60M	-1.74M	3.09M	2.50M	-231.29K
	Operating Cash Flow
2.60M	-1.61M	3.13M	2.51M	-196.17K
	Investing Cash Flow
-91.52K	-1.35M	-569.84K	-120.77K	1.75M
	Financing Cash Flow
-2.03M	-1.67M	-1.04M	-334.11K	-117.65K

C-Com Satellite Systems Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CMI, the sentiment is Neutral. The current price of 1 is above the 20-day moving average (MA) of 0.98, below the 50-day MA of 1.07, and below the 200-day MA of 1.16, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 49.02 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:CMI.

C-Com Satellite Systems Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$10.94B	10.37	-6.73%	2.98%	7.75%	-12.61%
CMI	46 Neutral	C$39.30M	24.42	-4.55%	5.26%	-41.82%	-149.06%
NVI	45 Neutral	C$2.17M	―	27.31%	―	-19.37%	-772.00%
BYL	41 Neutral	C$40.92M	―	275.12%	―	―	―
LTE	41 Neutral	C$6.31M	―		―	30.25%	67.07%
YFI	35 Underperform	C$14.27M	―	7.60%	―	-100.00%	―

C-Com Satellite Systems Corporate Events

C-COM Satellite Systems Reports Q1 2025 Financial Results Amid Global Trade Challenges

C-COM Satellite Systems Inc. reported its Q1 2025 financial results, highlighting revenues of $0.7 million, consistent with historical seasonal trends but significantly lower than the previous year’s Q1 sales. The company faced a net loss of $0.5 million due to low sales and a $0.1 million inventory write-off, impacting cash flow negatively. Despite these challenges, C-COM maintains a strong balance sheet and is committed to advancing its ESA antennas and Beamformer integrated circuit chips, with key milestones expected this year. The company remains focused on commercializing these new products, which could potentially strengthen its market position.

Spark’s Take on TSE:CMI Stock

According to Spark, TipRanks’ AI Analyst, TSE:CMI is a Neutral.

C-Com Satellite Systems faces significant challenges with declining revenues and profitability, which are the most significant factors affecting its stock score. The solid balance sheet provides some stability, but the overall financial performance is weak. The bearish technical analysis further pressures the stock’s outlook. Despite a high dividend yield, the negative P/E ratio reflects ongoing financial difficulties, resulting in a below-average overall score.

To see Spark’s full report on TSE:CMI stock, click here.

C-COM Satellite Systems Reports Fiscal Year 2024 Results and Strategic Developments

C-COM Satellite Systems Inc. reported a 5% decline in revenue for fiscal year 2024, with a net loss of $211,475, attributed to lower gross margins and increased R&D investments. Despite these challenges, the company maintained strong cash flow, increasing its cash and investments by 3% to $16 million. The company is adapting to industry changes by investing in the development of its electronically steered Ka-band antenna and analog beamforming integrated circuit, with successful testing on Telesat’s satellites and plans for further tests. This strategic focus aims to position C-COM as a leader in providing low-cost, high-throughput mobility applications over various satellite constellations.