Vecima Networks Incorporated operates in the Nonferrous wiredrawing & insulating sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Vecima Networks Incorporated with three other
wire and cable manufacturers in North America:
Lite Access Technologies Inc
(2020
sales of 18.87 million Canadian Dollars [US$14.96 million]
of which 100%
was Fibre optic installation),
Insteel Industries, Inc.
of UNITED STATES
($472.62 million
of which 62%
was Welded wire reinforcement), and
Optical Cable Corporation
which is
also
based in UNITED STATES
($55.28 million
of which 100%
was ta communication cabling).
Sales Analysis.
Vecima Networks Incorporated reported sales of C$96.42 million (US$76.46 million)
for the
fiscal
year ending
June of 2020.
This
represents
an
increase of 13.4%
versus 2019, when the company's sales were C$85.03 million.
This was the third consecutive year of growth at Vecima Networks Incorporated.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Vecima Networks Incorporated had sales
of C$94.05 million.
Sales of Content Delivery and Storage saw an increase
that was more than double the company's growth rate: sales were up
31.8% in 2020, from
C$41.88 million to C$55.20 million.
Not all segments of Vecima Networks Incorporated experienced an increase in sales in 2020:
sales of Video and Broadband Solution fell 4.9% to C$35.86 million.
Vecima Networks Incorporated also experienced decreases in sales in
Telematics (down 2.4% to C$5.36 million)
.