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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

Total Revenue

2.8B

2.85B

3.12B

2.89B

Cost of Revenue

2.28B

2.34B

2.6B

2.43B

Gross Profit

519.79M

511.74M

526.18M

464.58M

Operating Expenses

422.73M

405.9M

405.63M

368.06M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

401.7M

405.9M

405.63M

368.06M

Selling & Marketing Expenses

25.1M

22.4M

20.2M

15.8M

General & Administrative Expenses

376.6M

362.6M

15.3M

16.4M

Other Expenses

21.03M

0

1.08M

5k

Operating Income

97.06M

105.84M

120.55M

96.52M

Total Other Income/Expenses Net

20.43M

7.27M

1.08M

5k

Income Before Tax

117.49M

113.11M

121.64M

96.52M

Income Tax

30.39M

29.84M

32.42M

26.62M

Net Income

87.09M

83.27M

89.22M

69.91M

Basic EPS

3.31

3.17

3.4

2.67

EPS Diluted

3.29

3.15

3.37

2.65

Basic Average Shares

26.32M

26.29M

26.28M

26.2M

Diluted Average Shares

26.51M

26.43M

26.44M

26.36M

EBITDA

97.06M

118.22M

132.53M

108.72M

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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