GCOM Globecomm Systems Inc.
Exchange
NASDAQSector
TechnologyIndustry
Radio And Television Broadcasting And Communications EquipmentMarket Cap.
304.9M
Loss Making Entity over the past 10 years
GCOM has been unable to maintain profitability. It's Costs of Sales have outstripped Revenue consistently.
This is a huge red flag, unless the company has been investing heavily for the future.
However, even that is dubious since accurately predicting the future of a company like that is extremely difficult.
$2.18 of every $100 of Revenue have been a loss, on average over the past 10 years.
$2.18 of every $100 of Revenue have been a loss, on average over the past 10 years.
Figures in USD. Fiscal year ends in June
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Net Income | -17.26M | -19.60M | -1.34M | 4.81M | 4.49M | 8.33M | 27.02M | 3.30M | 7.90M | 8.99M |
| divided by | ||||||||||
| Revenue | 86.58M | 54.03M | 87.24M | 109.58M | 126.04M | 150.75M | 196.53M | 170.16M | 227.82M | 274.19M |
| Net Profit Margin | -19.94% | -36.27% | -1.54% | 4.39% | 3.56% | 5.52% | 13.75% | 1.94% | 3.47% | 3.28% |
Weak Pricing Power over the past 10 years
GCOM is likely in a highly competitive industry, due to low barriers to entry. It's because of this, that GCOM has been unable to raise prices and increase their profitability.
This puts them in a poor position if inflation becomes an issue, as they would struggle to pass higher costs onto consumers.
Only $15.47 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Only $15.47 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in June
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Gross Profit | 2.79M | -3.22M | 10.96M | 18.70M | 21.02M | 29.50M | 42.09M | 35.29M | 52.42M | 72.44M |
| divided by | ||||||||||
| Revenue | 86.58M | 54.03M | 87.24M | 109.58M | 126.04M | 150.75M | 196.53M | 170.16M | 227.82M | 274.19M |
| Gross Margin | 3.22% | -5.95% | 12.57% | 17.06% | 16.68% | 19.57% | 21.42% | 20.74% | 23.01% | 26.42% |
High Capital Intensity over the past 10 years
GCOM spends large amounts of capital buying new equipment or investing in new facilities to stay competitive.
Over the long term, those costs may have to be fuelled by debt.
Look at the growth of Shareholders' Equity to see if this strategy is having a positive or negative impact.
99.14% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
99.14% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in June
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Capital Expenditure | 1.69M | 1.73M | 1.27M | 2.87M | 2.48M | 17.81M | 5.01M | 4.34M | 8.77M | 9.36M |
| divided by | ||||||||||
| Net Income | -17.26M | -19.60M | -1.34M | 4.81M | 4.49M | 8.33M | 27.02M | 3.30M | 7.90M | 8.99M |
| Capital Expenditure Ratio | -9.77% | -8.84% | -94.48% | 59.66% | 55.30% | 213.88% | 18.54% | 131.43% | 111.01% | 104.17% |