Vecima Networks Inc. VCM*CA Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Kumar, Surinder Ghai

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-200

Price:

$17.00
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Kumar, Surinder Ghai

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-100

Price:

$16.86
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Kumar, Surinder Ghai

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-200

Price:

$16.85
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Kumar, Surinder Ghai

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-100

Price:

$16.77
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Goodwin, Kyle

Ownership Type:

Direct Ownership

Securities:

Special Shares Performance Share Units

Nature of Transaction:

56 - Grant of rights

# or value acquired/disposed of:

8,802

Price:

--
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Asher, Heather

Ownership Type:

Direct Ownership

Securities:

Special Shares Performance Share Units

Nature of Transaction:

56 - Grant of rights

# or value acquired/disposed of:

2,500

Price:

--
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Howlett, Colin

Ownership Type:

Direct Ownership

Securities:

Special Shares Performance Share Units

Nature of Transaction:

56 - Grant of rights

# or value acquired/disposed of:

10,000

Price:

--
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Rockwell, Richard Dean

Ownership Type:

Direct Ownership

Securities:

Special Shares Performance Share Units

Nature of Transaction:

56 - Grant of rights

# or value acquired/disposed of:

10,000

Price:

--
Dec 28, 2023 (filed on Jan 02, 2024)

Insider Name:

Nicometo, Ryan

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-800

Price:

$16.10
Dec 28, 2023 (filed on Jan 02, 2024)

Insider Name:

Nicometo, Ryan

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

51 - Exercise of options

# or value acquired/disposed of:

800

Price:

$9.50

Filings by filing date

Sep 26, 2023 (filed on Apr 27, 2024)

Insider Name:

Edmonds, Scott Blair

Ownership Type:

Direct Ownership

Securities:

Options Incentive Stock Options

Nature of Transaction:

50 - Grant of options

# or value acquired/disposed of:

1,000

Price:

$17.93
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Kumar, Surinder Ghai

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-200

Price:

$17.00
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Kumar, Surinder Ghai

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-100

Price:

$16.86
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Kumar, Surinder Ghai

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-200

Price:

$16.85
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Kumar, Surinder Ghai

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-100

Price:

$16.77
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Goodwin, Kyle

Ownership Type:

Direct Ownership

Securities:

Special Shares Performance Share Units

Nature of Transaction:

56 - Grant of rights

# or value acquired/disposed of:

8,802

Price:

--
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Asher, Heather

Ownership Type:

Direct Ownership

Securities:

Special Shares Performance Share Units

Nature of Transaction:

56 - Grant of rights

# or value acquired/disposed of:

2,500

Price:

--
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Howlett, Colin

Ownership Type:

Direct Ownership

Securities:

Special Shares Performance Share Units

Nature of Transaction:

56 - Grant of rights

# or value acquired/disposed of:

10,000

Price:

--
Feb 20, 2024 (filed on Feb 25, 2024)

Insider Name:

Rockwell, Richard Dean

Ownership Type:

Direct Ownership

Securities:

Special Shares Performance Share Units

Nature of Transaction:

56 - Grant of rights

# or value acquired/disposed of:

10,000

Price:

--
Dec 28, 2023 (filed on Jan 02, 2024)

Insider Name:

Nicometo, Ryan

Ownership Type:

Direct Ownership

Securities:

Common Shares

Nature of Transaction:

10 - Acquisition or disposition in the public market

# or value acquired/disposed of:

-800

Price:

$16.10

News

Biz Brief

Sector: Technology	Industry: Communications & Networking

Company Contact

Address:	771 Vanalman Ave VICTORIA BC V8Z 3B8
Tel:	N/A
Website:	https://www.vecima.com
IR:	See website

Key People

Surinder G. Kumar Chairman of the Board	Sumit Kumar President, Chief Executive Officer, Director	Dale Booth Chief Financial Officer
Clay Mccreery Chief Operating Officer	Dean Rockwell Executive Vice President	Kyle Goodwin Senior Vice President, General Manager of the Content Delivery and Storage Business Unit
Ryan Nicometo Senior Vice President, General Manager of the Video & Broadband Solutions Business Unit	Colin Andrew Howlett Chief Technology Officer	Heather Asher General Counsel, Corporate Secretary

Business Overview

Vecima Networks Inc. provides evolution to the multi-gigabit and content-rich networks. It delivers software, services, and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. Its segments include Video and Broadband Solutions (VBS), Content Delivery and Storage (CDS) and Telematics. The VBS segment includes platforms that process data from the cable network and deliver high-speed Internet connectivity to homes over cable and fiber, as well as adapt video services to formats suitable to be consumed on televisions in commercial properties. The CDS segment includes solutions and software, under the MediaScale brand, for service providers and content owners. Telematics segment provides fleet managers with the key information and analytics they require to optimally manage their mobile and fixed assets under the Contigo and Nero Global Tracking brands.

Financial Overview

For the six months ended 31 December 2023, Vecima Networks Inc revenues decreased 18% to C$123.4M. Net income decreased 70% to C$5.3M. Revenues reflect Video and Broadband Solution segment decrease of 24% to C$93.2M, United States segment decrease of 12% to C$110.6M, Japan segment decrease of 71% to C$2.4M, Other segment decrease of 65% to C$1M. Net income also reflects Video and Broadband Solution segment income decrease of 75% to

Employees:	585 as of Dec 31, 2023

Reporting Currency:	Canadian Dollars
Enterprise value:	$518.66M as of Dec 31, 2023
Annual revenue (TTM):	$277.21M as of Dec 31, 2023
EBITDA (TTM):	$41.65M as of Dec 31, 2023
Net annual income (TTM):	$14.90M as of Dec 31, 2023
Free cash flow (TTM):	-$28.00M as of Dec 31, 2023
Net Debt Last Fiscal Year:	$56.70M as of Dec 31, 2023
Shares outstanding:	24,311,594 as of Mar 1, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization