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CMTL - Comtech Telecommunic...

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Comtech Telecommunications Corp.

CMTL

NASDAQ

Comtech Telecommunications Corp., together with its subsidiaries, designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally. It operates in two segments, Commercial Solutions and Government Solutions. The Commercial Solutions segment offers satellite ground station technologies, including single channel per carrier and time division multiple access modems, amplifiers, frequency converters, and network software to modulate, demodulate, and amplify signals, as well as to carry voice, video, and/or data over networks; and public safety and location technologies, such as 911 call handling and mapping solutions that allow cellular carriers and voice over the Internet carriers to deliver emergency calls to public safety emergency call centers. The Government Solutions segment provides tactical satellite-based networks, such as satellite modems, ruggedized routers, and solid-state drives; sustainment services for the secret Internet Protocol router and non-classified Internet Protocol router access point; and small aperture terminals. This segment also offers high-performance transmission technologies that are used in communication systems comprising electronic warfare, radar, and identification friend or foe (IFF); troposcatter technologies for satellite communication; and high-power radio frequency microwave amplifiers and related switching control technologies that are used in electronic warfare, communications, radar, IFF, and medical applications. The company serves satellite systems integrators, wireless and other communication service providers, satellite broadcasters, prime contractors and system suppliers, medical equipment companies, aviation industry system integrators, oil companies, and domestic and international defense and government customers, as well as end-customers. Comtech Telecommunications Corp. was founded in 1967 and is headquartered in Melville, New York.

1.43 USD

0.06 (4.2%)

CMTL Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

-64.79M

-4.43M

2M

-40.64M

Net Income

-99.98M

-26.9M

-33.05M

-73.48M

Depreciation & Amortization

33.31M

33.32M

31.71M

30.4M

Deferred Income Taxes

-2.99M

-6.06M

-5.86M

-3.26M

Stock Based Compensation

6.1M

13.87M

15.15M

9.98M

Change in Working Capital

-60.5M

-22.52M

-7.08M

-2.72M

Accounts Receivable

-38.3M

-39.71M

33.57M

-31.22M

Inventory

-7.76M

-14.88M

-20.41M

-2.34M

Accounts Payable

-18.93M

20.36M

6.83M

11.02M

Other Working Capital

4.5M

11.71M

-27.07M

19.83M

Other Non-Cash Items

59.27M

3.86M

1.12M

-1.56M

CF from Investing Activities

20.14M

-18.31M

-19.62M

-15.48M

Investments in Property, Plant & Equipment

-13.08M

-18.31M

-19.62M

-16.04M

Net Acquisitions

33.23M

0

0

554k

Investment Purchases

0

0

0

0

Sales/Maturities of Investments

0

0

0

0

Other Investing Activites

0

0

0

-1

CF from Financing Activities

58.12M

20.05M

8.41M

39.1M

Debt Repayment

23.04M

-1.88M

-15k

-38k

Common Stock Issued

0

369k

96.73M

809k

Common Stock Repurchased

0

-2.87M

-6.11M

-2.8M

Dividends Paid

-268k

-8.66M

-11.05M

-10.33M

Other Financing Activites

-3.81M

-3.44M

-9.52M

779k

Free Cash Flow

-77.87M

-22.74M

-17.62M

-56.67M

Operating Cash Flow

-64.79M

-4.43M

2M

-40.64M

Capital Expenditures

-13.08M

-18.31M

-19.62M

-16.04M

Cash at Beginning of Period

18.96M

21.65M

30.86M

47.88M

Cash at End of Period

32.43M

18.96M

21.65M

30.86M

Net Change In Cash

13.47M

-2.69M

-9.21M

-17.02M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

238.91M

278.68M

333M

417.26M

Net Income

-99.98M

-26.9M

-33.05M

-73.48M

Stock Repurchases

0

-2.87M

-6.11M

-2.8M

Dividend Paid

-268k

-8.66M

-11.05M

-10.33M

Retained Earnings

103.58M

238.91M

278.68M

333M

Other Distributions

-135.6M

-51.3M

-71.47M

-97.4M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

78.92M

97.44M

100.13M

79.77M

Annual Depreciation

33.31M

33.32M

31.7M

30.4M

Capital Expenditure

-13.08M

-18.31M

-19.62M

-16.04M

Net PPE

58.69M

82.43M

88.05M

65.41M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

-63.51M

0

-6k

17.18M

Goodwill (Previous Year)

347.69M

347.69M

347.7M

330.52M

Goodwill

284.18M

347.69M

347.69M

347.7M

All figures are in USD.

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