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ORBCOMM Inc. (ORBC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Revenues  245.1266.3270.6247.9    
Total revenues  248.5272.0276.1254.2186.7178.396.274.2
            Total revenues growth  -8.7%-1.5%8.6%36.1%4.7%85.3%29.7%15.1%
Cost of revenues, exclusive of depreciation and amortization shown below:          
Cost of goods and services sold          
Operating expenses:          
Selling, general and administrative  70.269.667.055.846.944.431.024.6
Product development  12.714.713.48.96.36.52.92.8
Depreciation and amortization  50.750.749.745.742.826.610.96.0
Acquisition-related and integration costs  0.40.81.63.31.64.83.81.7
    Loss from operations  -0.35.6-2.2-40.9-14.5-7.2-1.65.7
            Operating margin  -0.1%2.0%-0.8%-16.1%-7.8%-4.0%-1.7%7.7%
   
Other income (expense):          
Interest income  1.22.01.91.00.40.30.00.0
Other (expense) income  -1.4-0.10.0-0.20.50.30.20.4
Interest expense  -20.0-21.1-21.1-17.7-9.1-5.2-0.1-0.1
    Total other expense  -31.8-19.3-19.1-20.7-8.2-4.6-2.50.4
    Loss before income taxes  -32.2-13.7-21.3-61.6-22.7-11.8-4.16.1
Income tax expense (benefit)  1.74.44.7-0.40.51.20.41.3
            Tax rate     0.7%   21.4%
    Net loss  -33.8-18.1-25.9-61.2-23.2-13.0-4.54.8
Less: Net income attributable to noncontrolling interests  0.10.30.30.10.30.30.20.2
    Net loss attributable to ORBCOMM Inc.  -33.9-18.4-26.2-61.3-23.5-13.3-4.74.6
Net loss attributable to ORBCOMM Inc. common stockholders  -33.9-18.4-26.3-61.3-23.5-13.3-4.74.5
   
Per share information-basic:          
Net loss attributable to ORBCOMM Inc. common stockholders  0.00.00.00.00.00.00.00.0
   
Per share information-diluted:          
Net loss attributable to ORBCOMM Inc. common stockholders  0.00.00.00.00.00.00.00.0
   
Weighted average common shares outstanding:          
Basic  78.179.377.672.970.970.456.747.4
Diluted  78.179.377.672.970.970.456.748.8

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