Vecima Networks Inc.

Toronto Stock Exchange VCM.TO

Vecima Networks Inc. Revenue for the year ending June 30, 2024: USD 212.88 M

Vecima Networks Inc. Revenue is USD 212.88 M for the year ending June 30, 2024, a -7.00% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • Vecima Networks Inc. Revenue for the year ending June 30, 2023 was USD 228.91 M, a 57.81% change year over year.
  • Vecima Networks Inc. Revenue for the year ending June 30, 2022 was USD 145.06 M, a 44.91% change year over year.
  • Vecima Networks Inc. Revenue for the year ending June 30, 2021 was USD 100.10 M, a 40.97% change year over year.
  • Vecima Networks Inc. Revenue for the year ending June 30, 2020 was USD 71.01 M, a 9.65% change year over year.
Key data
Date Revenue Gross Profit Operating Income EBIT
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Toronto Stock Exchange: VCM.TO

Vecima Networks Inc.

CEO Mr. Sumit Kumar
IPO Date Dec. 1, 2006
Location Canada
Headquarters 771 Vanalman Avenue
Employees 608
Sector Technology
Industries
Description

Vecima Networks Inc. provides technology solutions that empower network service providers and content providers to connect people and enterprises to information and entertainment worldwide. It offers products for the cable and broadcast industries, which provides video and broadband access to service providers, content creators, and broadcasters. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms and modules that process data from the cable network and deliver in formats suitable to be consumed on televisions and Internet devices. Its principal products include Terrace and TerraceQAM, which are designed to meet the needs of the business services verticals, such as multi-unit dwellings, hotels, motels, and resorts; and Entra distributed access platform that addresses the network migration to a distributed access architecture. The Content Delivery and Storage segment offers solutions and software for industries and customers that focus on ingesting, producing, storing, delivering, and streaming video content for live linear, video on demand, network digital video recorder, and time-shifted TV services under the MediaScaleX and ContentAgent brands. The Telematics segment provides information and analytics for the fleet managers to manage their mobile and fixed assets under the Contigo, Nero Global Tracking, and FleetLynx brands. The company was founded in 1988 and is headquartered in Victoria, Canada. Vecima Networks Inc. is a subsidiary of 684739 B.C. Ltd.

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StockViz Staff

January 15, 2025

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