Sector: Technology | Industry: Communications & Networking |
See Regulatory Filings on SEC |
Company Contact | |
Address: | c/o Cambium Networks Inc., 3800 Golf Road, Suite 360 ROLLING MEADOWS IL 60008 |
Tel: | N/A |
Website: | N/A |
IR: | N/A |
Key People | ||
Morgan C.S. Kurk President, Chief Executive Officer, Director | Jacob Sayer Chief Financial Officer | Bryan Sheppeck Senior Vice President - Global Sales |
Raymond de Graaf Senior Vice President - Operations | Scott Imhoff Senior Vice President - Product Management | Ronald G. Ryan Senior Vice President - Global Channel Management |
Vibhu Vivek Senior Vice President - Products | Sally J. Rau General Counsel |
Business Overview |
Cambium Networks Corporation is a provider of wireless networking infrastructure solutions. The Company enables service providers, enterprises, industrial organizations, and governments to deliver digital experiences and device connectivity. Its ONE Network platform simplifies management of its wired and wireless broadband and network edge technologies. It designs, develops, and manufactures wireless broadband and Wi-Fi networking infrastructure solutions for a range of applications, including broadband access, wireless backhaul, Internet of Things (IoT), public safety, and others. Its Fixed Wireless Broadband portfolio spans point-to-point (PTP) and point-to-multi-point (PMP) architectures over multiple standards. Its Enterprise portfolio includes Wi-Fi access points, wireless aware switches, security gateways and other networking devices. Its Subscription and Services portfolio includes network planning and design as well as cloud or on-premises network management and control. |
Financial Overview |
For the fiscal year ended 31 December 2023, Cambium Networks Corp revenues decreased 26% to $220.2M. Net loss totaled $77.4M vs. income of $20.2M. Revenues reflect Wi-Fi (cnPilot) segment decrease of 64% to $39.1M, Point-to-Multi-Point segment decrease of 17% to $95.2M, Europe & Middle East & Africa segment decrease of 51% to $44.2M, Asia Pacific segment decrease of 43% to $23.4M. |
Employees: | 625 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $97.50M as of Dec 31, 2023 |
Annual revenue (TTM): | $220.20M as of Dec 31, 2023 |
EBITDA (TTM): | -$51.89M as of Dec 31, 2023 |
Net annual income (TTM): | -$77.42M as of Dec 31, 2023 |
Free cash flow (TTM): | -$28.18M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $6.40M as of Dec 31, 2023 |
Shares outstanding: | 27,859,357 as of Mar 11, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |