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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

CF from Operating Activities

173.87M

197.95M

34.89M

57.75M

Net Income

87.09M

83.27M

89.22M

69.91M

Depreciation & Amortization

12.98M

12.65M

11.98M

12.2M

Deferred Income Taxes

-777k

-2.15M

-1.31M

753k

Stock Based Compensation

8.47M

7.02M

5.67M

4.23M

Change in Working Capital

68.35M

96.26M

-73.94M

-32.61M

Accounts Receivable

-6.51M

1.6M

-6M

-2.09M

Inventory

29.13M

84.5M

-2.13M

-65.69M

Accounts Payable

36.45M

31.15M

-49.06M

14.81M

Other Working Capital

9.29M

-20.99M

-16.76M

20.36M

Other Non-Cash Items

-2.26M

897k

3.27M

3.27M

CF from Investing Activities

-115.29M

-160.2M

-9.08M

-8.73M

Investments in Property, Plant & Equipment

0

-9.6M

-9.08M

-10.3M

Net Acquisitions

0

0

0

69k

Investment Purchases

-358.32M

-150.61M

0

0

Sales/Maturities of Investments

250.61M

0

0

0

Other Investing Activites

-7.58M

0

-9.08M

1.5M

CF from Financing Activities

-25.22M

-15.73M

-11.19M

-36.37M

Debt Repayment

0

0

0

0

Common Stock Issued

0

0

2.24M

0

Common Stock Repurchased

-12.38M

-5.39M

-2.24M

-1.77M

Dividends Paid

-10.53M

-8.41M

-8.95M

-34.6M

Other Financing Activites

-2.32M

-1.93M

-2.24M

-1.77M

Free Cash Flow

173.87M

188.36M

25.81M

47.45M

Operating Cash Flow

173.87M

197.95M

34.89M

57.75M

Capital Expenditures

0

-9.6M

-9.08M

-10.3M

Cash at Beginning of Period

144.95M

122.93M

108.31M

95.66M

Cash at End of Period

178.32M

144.95M

122.93M

108.31M

Net Change In Cash

33.36M

22.02M

14.62M

12.65M

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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