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Vecima Networks Incorporated Company Snapshot
Vecima Networks Inc. is engaged in creating technology solutions that allows network service providers to connect people and enterprises to information and entertainment across the world. The Company is a designer and manufacturer in the broadband cable and wireless network infrastructure market. The Company's segments include Video and Broadband, YourLink and Telematics. YourLink operates various small cable and broadband wireless service providers that provide high speed data, telephone and video services to parts of rural British Columbia, as well as fixed wireless data and telephone access through much of Saskatchewan to both residential and business subscribers. Telematics include provision of fleet management and maintenance solutions for small and medium sized fleets across North America through various brands, including Nero Global Tracking and FleetLynx. Its products for the cable industry allow service providers a Last Mile Solution for both video and broadband access.

Sales Analysis. Vecima Networks Incorporated reported sales of C$71.46 million (US$57.44 million) for the fiscal year ending June of 2017. This represents a sharp decrease of 34.1% versus 2016, when the company's sales were C$108.42 million. Contributing to the drop in overall sales was the 46.2% decline in Your Link, from C$10.06 million to C$5.41 million. There were also decreases in sales in Video and Broadband Solution (down 31.2% to C$66.05 million) .
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Vecima Networks Incorporated
  Stock Performance Chart for Vecima Networks Incorporated
  Stock Data: Recent Stock Performance:
  Current Price (1/12/2018): 9.60
(Figures in Canadian Dollars)
1 Week 0.5%   13 Weeks -1.4%  
4 Weeks -3.5%   52 Weeks -4.5%  
Vecima Networks Incorporated Key Data:
  Ticker: VCM Country: Canada
  Exchanges: TOR Major Industry: Capital Goods
    Sub Industry: Nonferrous Wiredrawing & Insulating
  2017 Sales 71,460,000
(Year Ending Jan 2018).
Employees: 352
  Currency: Canadian Dollars Market Cap: 215,762,822
  Fiscal Yr Ends: June Shares Outstanding: 22,475,294
  Share Type: Common Closely Held Shares: 16,221,208
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