Sector: Technology | Industry: Communications & Networking |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 50 Enterprise Ctr MIDDLETOWN RI 02842-5268 |
Tel: | 1-401-8473327 |
Website: | https://www.kvh.com |
IR: | See website |
Key People | ||
Brent C. Bruun President, Chief Executive Officer, Director | Roger A. Kuebel Chief Financial Officer, Chief Accounting Officer | Anthony Pike Chief Financial Officer, Principal Accounting Officer |
Robert J. Balog Chief Operating Officer | Felise B. Feingold Senior Vice President, Compliance Officer, Chief Data Privacy Officer, General Counsel, Secretary |
Business Overview |
KVH Industries, Inc. is a provider of technology-driven connectivity solutions to primarily maritime customers globally. The Company provides global high-speed Internet and Voice over Internet Protocol (VoIP) services via satellite to mobile users at sea and on land. It is also a provider of commercially licensed entertainment, including news, sports, music, and movies, to commercial customers in the maritime and hotel markets, along with supplemental value-added cybersecurity, email, and crew Internet services. It provides integrated, end-to-end services, software, and hardware that support its customers' need for access to the Internet, VoIP, operations content, and entertainment services while on the move. The Company also manufactures in-motion, stabilized antennas that provide receive-only satellite television services. The Company also offers variety of value-added services to its maritime customers as well as news content to its hotel customers. |
Financial Overview |
For the fiscal year ended 31 December 2023, KVH Industries, Inc. revenues decreased 5% to $132.4M. Net loss before extraordinary items increased from $4M to $15.4M. Revenues reflect Product decrease of 34% to $17.8M. Higher net loss reflects single segment loss increase from $5.7M to $17.3M. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.21 to -$0.81. |
Employees: | 325 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $30.42M as of Dec 31, 2023 |
Annual revenue (TTM): | $132.38M as of Dec 31, 2023 |
EBITDA (TTM): | $2.08M as of Dec 31, 2023 |
Net annual income (TTM): | -$15.42M as of Dec 31, 2023 |
Free cash flow (TTM): | -$9.40M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 19,645,946 as of Mar 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |