CAMP · Calamp Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.71M | $70.89M | $64.73M | $78.89M | $72.83M | $79.67M | $68.78M | $79.01M | $80.22M | $88.01M |
| Cost of Revenue | $39.37M | $43.83M | $39.08M | $52.27M | $43.82M | $47.23M | $40.76M | $45.64M | $49.16M | $53.01M |
| Gross Profit | $22.34M | $27.06M | $25.65M | $26.61M | $29.01M | $32.45M | $28.02M | $33.37M | $31.05M | $35.01M |
| R&D | $4.80M | $5.84M | $7.00M | $5.48M | $6.76M | $6.94M | $7.18M | $7.73M | $6.32M | $6.78M |
| SG&A | $10.01M | $11.35M | $15.16M | $11.17M | $13.53M | $12.69M | $12.78M | $13.20M | $13.67M | $13.64M |
| Total Operating Expenses | $25.56M | $29.44M | $34.98M | $30.46M | $34.35M | $33.68M | $34.58M | $34.37M | $40.97M | $55.02M |
| D&A | $4.47M | $4.33M | $4.16M | $3.89M | $4.06M | $4.23M | $4.58M | $4.24M | $4.91M | $5.03M |
| Operating Income | ($3.22M) | ($2.38M) | ($9.34M) | ($3.85M) | ($5.34M) | ($1.23M) | ($6.56M) | ($998.0K) | ($9.91M) | ($20.01M) |
| Interest Expense | $1.57M | $1.68M | $1.53M | $1.65M | $1.46M | $3.85M | $3.83M | $3.80M | $4.08M | $3.88M |
| Income Tax | $435.0K | $52.0K | $249.0K | $268.0K | $126.0K | $293.0K | $205.0K | $333.0K | $240.0K | $319.0K |
| Net Income | ($4.22M) | ($4.03M) | ($12.17M) | ($4.73M) | ($7.49M) | ($1.95M) | ($11.44M) | ($5.42M) | ($14.42M) | ($23.68M) |
| EPS - Basic | ($0.21) | ($0.34) | - | - | - | - | - | - | ($0.42) | ($0.68) |
| EPS - Diluted | ($0.21) | ($0.34) | - | - | - | - | - | - | ($0.42) | ($0.68) |
Balance Sheet
| Line item | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $38.17M | $34.96M | $41.93M | $44.91M | $47.72M | $79.22M | $91.11M | $101.05M | $94.62M | $91.69M |
| Accounts Receivable | $70.91M | $85.03M | $82.95M | $87.73M | $74.80M | $61.54M | $58.59M | $62.29M | $63.33M | $67.85M |
| Inventory | $34.06M | $24.34M | $23.90M | $22.60M | $22.14M | $18.27M | $20.18M | $17.16M | $23.66M | $32.16M |
| Accounts Payable | $46.70M | $47.90M | $52.72M | $52.67M | $39.86M | $31.82M | $30.78M | $30.52M | $35.77M | $36.83M |
| Current Assets | $168.96M | $168.18M | $174.79M | $182.52M | $169.45M | $181.38M | $193.59M | $205.37M | $214.29M | $215.23M |
| Total Assets | $281.24M | $372.23M | $380.12M | $388.91M | $371.04M | $391.58M | $402.29M | $419.19M | $433.81M | $441.82M |
| Current Liabilities | $99.70M | $99.43M | $106.50M | $108.45M | $90.92M | $90.45M | $94.88M | $99.61M | $107.25M | $107.38M |
| Long-term Debt | $228.15M | $227.69M | $227.42M | $227.16M | $226.89M | $189.70M | $187.68M | $185.66M | $182.15M | $180.65M |
| Total Liabilities | $355.38M | $359.79M | $365.81M | $370.21M | $349.22M | $316.18M | $322.11M | $328.88M | $338.72M | $342.50M |
| Stockholders' Equity | ($74.14M) | $12.44M | $14.31M | $18.69M | $21.82M | $75.40M | $80.18M | $90.31M | $95.08M | $99.32M |
| Retained Earnings | ($262.08M) | ($172.85M) | ($168.82M) | ($160.73M) | ($155.99M) | ($165.97M) | ($156.78M) | ($145.35M) | ($137.97M) | ($129.25M) |
Cash Flow
| Line item | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($2.98M) | ($15.55M) | - | - | $78.0K | - | - | $5.94M | - |
| Investing Cash Flow | - | ($1.96M) | ($3.63M) | - | - | $3.52M | - | - | ($3.09M) | - |
| Financing Cash Flow | - | ($257.0K) | ($425.0K) | - | - | ($813.0K) | - | - | ($7.71M) | - |
| CapEx | - | $1.96M | $3.63M | - | - | $3.09M | - | - | $3.09M | - |
| Free Cash Flow | - | ($4.94M) | ($19.18M) | - | - | ($3.02M) | - | - | $2.85M | - |
Ratios
| Metric | Q2 '24 | Q1 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 36.2% | 38.2% | 39.6% | 33.7% | 39.8% | 40.7% | 40.7% | 42.2% | 38.7% | 39.8% |
| Operating margin | -5.2% | -3.4% | -14.4% | -4.9% | -7.3% | -1.5% | -9.5% | -1.3% | -12.4% | -22.7% |
| EBITDA margin | 2.0% | 2.7% | -8.0% | 0.1% | -1.8% | 3.8% | -2.9% | 4.1% | -6.2% | -17.0% |
| Net margin | -6.8% | -5.7% | -18.8% | -6.0% | -10.3% | -2.4% | -16.6% | -6.9% | -18.0% | -26.9% |
| Free cash flow margin | - | -7.0% | -29.6% | - | - | -3.8% | - | - | 3.6% | - |
| FCF / Net income | - | 1.22 | 1.58 | - | - | 1.55 | - | - | -0.20 | - |
| R&D / Revenue | 7.8% | 8.2% | 10.8% | 6.9% | 9.3% | 8.7% | 10.4% | 9.8% | 7.9% | 7.7% |
| SG&A / Revenue | 16.2% | 16.0% | 23.4% | 14.2% | 18.6% | 15.9% | 18.6% | 16.7% | 17.0% | 15.5% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.5% | -1.1% | -3.2% | -1.2% | -2.0% | -0.5% | -2.8% | -1.3% | -3.3% | -5.4% |
| Return on equity | 5.7% | -32.4% | -85.1% | -25.3% | -34.3% | -2.6% | -14.3% | -6.0% | -15.2% | -23.8% |
| Return on invested capital | -1.6% | -0.8% | -3.1% | -1.2% | -1.7% | -0.4% | -1.9% | -0.3% | -2.8% | -5.6% |
| Liquidity | ||||||||||
| Current ratio | 1.69 | 1.69 | 1.64 | 1.68 | 1.86 | 2.01 | 2.04 | 2.06 | 2.00 | 2.00 |
| Quick ratio | 1.35 | 1.45 | 1.42 | 1.47 | 1.62 | 1.80 | 1.83 | 1.89 | 1.78 | 1.70 |
| Cash ratio | 0.38 | 0.35 | 0.39 | 0.41 | 0.52 | 0.88 | 0.96 | 1.01 | 0.88 | 0.85 |
| Leverage | ||||||||||
| Debt / Equity | -3.08 | 18.30 | 15.90 | 12.15 | 10.40 | 2.52 | 2.34 | 2.06 | 1.92 | 1.82 |
| Debt / Assets | 0.81 | 0.61 | 0.60 | 0.58 | 0.61 | 0.48 | 0.47 | 0.44 | 0.42 | 0.41 |
| Debt / EBITDA | 182.37 | 116.88 | - | 4833.11 | - | 63.23 | - | 57.23 | - | - |
| Interest coverage | -2.0x | -1.4x | -6.1x | -2.3x | -3.6x | -0.3x | -1.7x | -0.3x | -2.4x | -5.2x |
| Equity multiplier | -3.79 | 29.91 | 26.57 | 20.80 | 17.00 | 5.19 | 5.02 | 4.64 | 4.56 | 4.45 |
| Liabilities / Assets | 1.26 | 0.97 | 0.96 | 0.95 | 0.94 | 0.81 | 0.80 | 0.78 | 0.78 | 0.78 |
| Efficiency | ||||||||||
| Asset turnover | 0.22 | 0.19 | 0.17 | 0.20 | 0.20 | 0.20 | 0.17 | 0.19 | 0.18 | 0.20 |
| Inventory turnover | 1.16 | 1.80 | 1.63 | 2.31 | 1.98 | 2.59 | 2.02 | 2.66 | 2.08 | 1.65 |
| Days sales outstanding | 419d | 438d | 468d | 406d | 375d | 282d | 311d | 288d | 288d | 281d |
| Days inventory outstanding | 316d | 203d | 223d | 158d | 184d | 141d | 181d | 137d | 176d | 221d |
| Days payable outstanding | 433d | 399d | 492d | 368d | 332d | 246d | 276d | 244d | 266d | 254d |
| Cash conversion cycle | 302d | 242d | 199d | 196d | 227d | 177d | 216d | 181d | 198d | 249d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -15.3% | 9.5% | -18.8% | 14.7% | -7.8% | -0.7% | -21.9% | -5.4% | -9.9% | -8.9% |
| Revenue CAGR (3y) | -9.6% | -4.0% | -10.1% | -6.5% | -7.9% | -5.7% | -8.1% | -4.2% | - | - |
| Revenue CAGR (5y) | -7.2% | -5.7% | - | - | - | -2.0% | -6.0% | -2.5% | 4.2% | 3.3% |
| Gross profit growth (YoY) | -23.0% | 5.5% | -21.0% | -5.0% | -13.1% | 4.5% | -20.0% | 8.3% | -12.3% | -5.1% |
| Operating income growth (YoY) | 39.8% | 74.5% | -658.9% | 41.4% | -435.0% | 87.6% | 67.2% | 84.0% | -49.2% | -400.7% |
| Net income growth (YoY) | 43.6% | 66.9% | -524.9% | 58.6% | -38.1% | 86.5% | 51.7% | 42.8% | -65.9% | -219.4% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | -61.5% | -209.1% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 74.3% | -536.2% | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | -28.3% | - |
| Book value growth (YoY) | - | -13.0% | -81.0% | -76.7% | -75.8% | -20.7% | -19.3% | -24.1% | -31.1% | -47.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-02-28.
Business segments
$308.59M totalTelematics Products$178.65M · 57.9%
Software And Subscription Services$129.93M · 42.1%
Product / service
$308.59M totalProduct$193.49M · 62.7%
Application Subscriptions And Other Services$115.10M · 37.3%
Geographic
$308.59M totalUS$200.66M · 65.0%
EMEA$58.47M · 18.9%
South America$27.11M · 8.8%
Asia Pacific$12.28M · 4.0%
All Other$10.06M · 3.3%
Peer comparison
Same SIC group: Radio & Tv Broadcasting & Communications Equipment
Comparing CalAmp Corp. against the 5 most active filers in the same SIC group.