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CNXN - PC Connection, Inc.

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PC Connection, Inc.

CNXN

NASDAQ

PC Connection, Inc., together with its subsidiaries, provides various information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions. It offers IT products, including computer systems, data center solutions, software and peripheral equipment, networking communications, and other products and accessories, as well as provides services related to design, configuration, and implementation of IT solutions. The company markets its products and services through its websites comprising connection.com, connection.com/enterprise, connection.com/publicsector, and macconnection.com. It serves small to medium-sized businesses (SMBs) that include small office/home office customers; government and educational institutions; and medium-to-large corporate accounts through outbound telemarketing and field sales, and marketing programs targeted to specific customer populations, as well as through digital, web, and print media advertising. The company was founded in 1982 and is headquartered in Merrimack, New Hampshire.

60.51 USD

0.72 (1.19%)

CNXN Financial Statements

Year

2024

2023

2022

2021

Current Assets

1.17B

1.05B

953.79M

933.19M

Cash & Short Term Investments

442.61M

297.19M

122.93M

108.31M

Cash And Cash Equivalents

178.32M

144.95M

122.93M

108.31M

Short Term Investments

264.3M

152.23M

0

0

Net Receivables

611.43M

611.18M

610.28M

607.53M

Inventory

95.05M

124.18M

208.68M

206.56M

Other Current Assets

17.75M

16.09M

11.9M

10.02M

Non-Current Assets

132.5M

139.74M

146.03M

150.97M

Property, Plant & Equipment

55.6M

61M

66.73M

70.59M

Goodwill And Intangible Assets

75.81M

77.03M

78.25M

79.47M

Goodwill

73.6M

73.6M

73.6M

73.6M

Intangible Assets

2.21M

3.43M

4.65M

5.87M

Long Term Investments

0

0

0

-19.28M

Tax Assets

0

0

17.97M

19.28M

Other Non-Current Assets

1.1M

1.71M

-16.91M

910k

Other Assets

0

0

0

0

Total Assets

1.3B

1.19B

1.1B

1.08B

-

-

-

-

Current Liabilities

371.2M

327.96M

310.52M

375.41M

Accounts Payable

300.24M

263.68M

232.64M

281.84M

Short Term Debt

0

0

0

0

Tax Payables

7.75M

6.14M

2.82M

10.47M

Deferred Revenue

0

24.41M

32.59M

33.43M

Other Current Liabilities

69.16M

11.55M

46.37M

49.78M

Total Current Liabilities

371.2M

327.96M

310.52M

375.41M

Total Non-Current Liabilities

17.16M

19.65M

23.13M

26.28M

Long-Term Debt

1.55M

0

4.99M

6.79M

Deferred Revenue

0

0

0

0

Deferred Taxes Liabilities

15.09M

15.84M

17.97M

19.28M

Other Non Current liabilities

516k

624k

13.15M

12.7M

Total Liabilities

388.36M

347.61M

333.65M

401.69M

Other Liabilities

0

0

0

0

Stockholders Equity

910.99M

840.77M

766.17M

682.47M

Common Stock

294k

293k

291k

290k

Retained Earnings

837.47M

760.9M

686.04M

605.77M

Accumulated Other Comprehensive Income/Loss

174k

81k

-0

-0

Other Shareholders Equity

73.06M

0

0

0

Total Liabilities and Stockholders Equity

1.3B

1.19B

1.1B

1.08B

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

760.9M

686.04M

605.77M

562.08M

Net Income

87.09M

83.27M

89.22M

69.91M

Stock Repurchases

-12.38M

-5.39M

-2.24M

-1.77M

Dividend Paid

-10.53M

-8.41M

-8.95M

-34.6M

Retained Earnings

837.47M

760.9M

686.04M

605.77M

Other Distributions

53.67M

61.06M

69.08M

7.32M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

55.6M

61M

66.73M

70.59M

Annual Depreciation

0

12.65M

11.98M

12.2M

Capital Expenditure

0

-9.6M

-9.08M

-10.3M

Net PPE

55.6M

57.94M

63.83M

68.69M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

73.6M

73.6M

73.6M

73.6M

Goodwill

73.6M

73.6M

73.6M

73.6M

All figures are in USD.

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