CMBM Chart
About

Cambium Networks Corporation designs, develops, and manufactures fixed wireless, fiber broadband, and enterprise networking infrastructure solutions in North America, Europe, the Middle East, Africa, the Caribbean and Latin America, and the Asia Pacific. The company offers fixed wireless and PON/XGSPON based broadband, Wi-Fi, and local area networking (LAN) switching infrastructure; and security gateway solutions for a range of applications, such as broadband access, wireless backhaul, Internet of Things (IoT), public safety communications, and Wi-Fi access for commercial use. Its fixed wireless and fiber broadband (FWB) portfolio spans point-to-point (PTP) and point-to-multi-point (PMP) architectures over multiple standards, and frequency bands, including licensed, unlicensed, and lightly licensed spectrum, and fiber products. Its enterprise portfolio comprises a range of indoor and outdoor Wi-Fi access points, indoor and hardened copper and optical based ethernet switches, and security gateway and software-defined wide area network (SD-WAN) devices. Its subscription and services portfolio includes network planning and design, and cloud or on-premises network management and control solutions delivered through subscription to cnMaestro X. It serves healthcare, education, hospitality, military communication, mining and minerals, multifamily living, national law enforcement, oil and gas, public safety, residential broadband, small business, smart cities, government, transportation and logistics, utilities and electric cooperatives, and wireless video surveillance CCTV markets. The company sells its products and services through distributors and other channel partners, such as resellers, managed service providers, and systems integrators. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. Cambium Networks Corporation was founded in 2011 and is headquartered in Hoffman Estates, Illinois.

Fundamentals
Scroll to Statements
Sector Technology Industry Communication Equipment Market Cap 38.41M
Enterprise Value 68.83M Income -98.12M Sales 172.22M
Book/sh 1.54 Cash/sh 1.65 Dividend Yield
Payout 0.00% Employees 625 IPO
P/E Forward P/E -8.50 PEG
P/S 0.22 P/B 0.88 P/C
EV/EBITDA -0.90 EV/Sales 0.40 Quick Ratio 0.67
Current Ratio 1.10 Debt/Eq 176.28 LT Debt/Eq
EPS (ttm) -3.54 EPS next Y -0.16 EPS Growth
Revenue Growth 1.60% Earnings 2024-11-07 16:00 ROA -22.08%
ROE -112.88% ROIC Gross Margin 17.14%
Oper. Margin -18.43% Profit Margin -56.97% Shs Outstand 28.24M
Shs Float 13.75M Short Float Short Ratio 10.52
Short Interest 52W High 6.80 52W Low 0.23
Beta 2.00 Avg Volume 290.23K Volume 277.31K
Target Price Recom None Prev Close $1.25
Price $1.36 Change 8.80%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$1.36
Latest analyst target
3. DCF / Fair value
$1.77
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.36
Low
High
Mean

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-11-12 main Northland Capital Markets Outperform → Outperform $3
2024-08-09 main Northland Capital Markets Outperform → Outperform $5
2024-08-09 main Roth MKM Buy → Buy $8
2024-05-10 main Roth MKM Buy → Buy $9
2024-02-16 main Raymond James Outperform → Outperform $6
2024-01-19 main Raymond James Outperform → Outperform $5
2023-11-03 main Roth MKM Buy → Buy $13
2023-10-10 main JP Morgan Underweight → Underweight $6
2023-10-05 main Northland Capital Markets Outperform → Outperform $10
2023-10-05 main Roth MKM Buy → Buy $13
2023-10-05 down Oppenheimer Outperform → Perform
2023-10-05 main Raymond James Outperform → Outperform $12
2023-10-05 down JMP Securities Market Outperform → Market Perform
2023-08-02 main Northland Capital Markets Outperform → Outperform $18
2023-08-02 main Oppenheimer Outperform → Outperform $15
2023-08-02 main Raymond James Outperform → Outperform $15
2023-08-02 main JMP Securities Outperform → Outperform $17
2023-08-02 down JP Morgan Neutral → Underweight $12
2023-05-09 reit JMP Securities — → Market Outperform $45
2023-05-09 main Raymond James — → Outperform $24
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 50 62 Sale at price 1.23 per share. CADA-BARTOLI MELISSA ELIZABETH Officer 2024-12-02 00:00:00 D
1 40000 Stock Award(Grant) at price 0.00 per share. VIVEK VIBHU Officer 2024-07-10 00:00:00 D
2 30000 Stock Award(Grant) at price 0.00 per share. SAYER JACOB Chief Financial Officer 2024-05-16 00:00:00 D
Financials
Line Item2023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.00
TaxRateForCalcs0.210.210.27
NormalizedEBITDA-52.10M27.59M43.15M
NetIncomeFromContinuingOperationNetMinorityInterest-77.42M20.20M37.42M
ReconciledDepreciation9.03M7.60M6.98M
ReconciledCostOfRevenue148.55M150.12M174.25M
EBITDA-52.10M27.59M43.15M
EBIT-61.12M19.99M36.17M
NetInterestIncome-2.52M-1.98M-4.27M
InterestExpense2.52M1.98M4.27M
NormalizedIncome-77.42M20.20M37.42M
NetIncomeFromContinuingAndDiscontinuedOperation-77.42M20.20M37.42M
TotalExpenses281.05M277.02M299.44M
TotalOperatingIncomeAsReported-60.85M19.88M36.42M
DilutedAverageShares27.52M28.03M28.63M
BasicAverageShares27.52M26.92M26.42M
DilutedEPS-2.310.721.31
BasicEPS-2.310.751.42
DilutedNIAvailtoComStockholders-77.42M20.20M37.42M
NetIncomeCommonStockholders-77.42M20.20M37.42M
NetIncome-77.42M20.20M37.42M
NetIncomeIncludingNoncontrollingInterests-77.42M20.20M37.42M
NetIncomeContinuousOperations-77.42M20.20M37.42M
TaxProvision13.77M-2.18M-5.51M
PretaxIncome-63.65M18.02M31.91M
OtherIncomeExpense-271.00K114.00K-244.00K
OtherNonOperatingIncomeExpenses-271.00K114.00K-244.00K
NetNonOperatingInterestIncomeExpense-2.52M-1.98M-4.27M
InterestExpenseNonOperating2.52M1.98M4.27M
OperatingIncome-60.85M19.88M36.42M
OperatingExpense129.69M125.26M124.38M
DepreciationAmortizationDepletionIncomeStatement6.21M5.96M6.17M
DepreciationAndAmortizationInIncomeStatement6.21M5.96M6.17M
ResearchAndDevelopment53.48M49.87M51.32M
SellingGeneralAndAdministration70.00M69.43M66.88M
SellingAndMarketingExpense42.60M44.45M41.82M
GeneralAndAdministrativeExpense27.40M24.98M25.07M
OtherGandA27.40M24.98M25.07M
GrossProfit68.83M145.14M160.80M
CostOfRevenue151.36M151.76M175.06M
TotalRevenue220.19M296.90M335.85M
OperatingRevenue220.19M296.90M335.85M
Line Item2023-12-312022-12-312021-12-31
TreasurySharesNumber260.24K209.46K156.91K
OrdinarySharesNumber27.83M27.31M26.74M
ShareIssued28.10M27.52M26.89M
NetDebt6.40M
TotalDebt31.71M29.79M33.57M
TangibleBookValue51.43M117.92M85.65M
InvestedCapital106.05M172.99M141.59M
WorkingCapital66.24M125.77M98.45M
NetTangibleAssets51.43M117.92M85.65M
CapitalLeaseObligations6.59M2.17M4.11M
CommonStockEquity80.93M145.37M112.14M
TotalCapitalization102.86M169.84M139.10M
TotalEquityGrossMinorityInterest80.93M145.37M112.14M
StockholdersEquity80.93M145.37M112.14M
GainsLossesNotAffectingRetainedEarnings-1.61M-1.53M-699.00K
OtherEquityAdjustments-1.61M-1.53M-699.00K
TreasuryStock5.62M4.92M3.91M
RetainedEarnings-64.60M12.82M-7.38M
AdditionalPaidInCapital152.77M139.00M124.12M
CapitalStock3.00K3.00K3.00K
CommonStock3.00K3.00K3.00K
TotalLiabilitiesNetMinorityInterest136.94M124.09M120.13M
TotalNonCurrentLiabilitiesNetMinorityInterest40.61M36.87M37.99M
OtherNonCurrentLiabilities1.62M1.62M1.55M
NonCurrentDeferredLiabilities10.47M8.62M5.36M
NonCurrentDeferredRevenue10.47M8.62M5.36M
LongTermDebtAndCapitalLeaseObligation28.52M26.63M31.08M
LongTermCapitalLeaseObligation6.59M2.17M4.11M
LongTermDebt21.93M24.46M26.96M
CurrentLiabilities96.33M87.22M82.14M
OtherCurrentLiabilities13.12M8.43M5.98M
CurrentDeferredLiabilities8.77M8.91M6.88M
CurrentDeferredRevenue8.77M8.91M6.88M
CurrentDebtAndCapitalLeaseObligation3.19M3.16M2.49M
CurrentDebt3.19M3.16M2.49M
OtherCurrentBorrowings3.19M3.16M2.49M
PensionandOtherPostRetirementBenefitPlansCurrent5.07M7.39M16.60M
PayablesAndAccruedExpenses66.19M59.33M50.19M
CurrentAccruedExpenses47.07M28.04M21.95M
Payables19.12M31.28M28.24M
AccountsPayable19.12M31.28M28.24M
TotalAssets217.88M269.46M232.27M
TotalNonCurrentAssets55.30M56.47M51.68M
OtherNonCurrentAssets1.33M955.00K1.20M
NonCurrentDeferredAssets3.69M12.78M7.60M
NonCurrentDeferredTaxesAssets3.69M12.78M7.60M
GoodwillAndOtherIntangibleAssets29.50M27.45M26.49M
OtherIntangibleAssets19.66M17.61M16.64M
Goodwill9.84M9.84M9.84M
NetPPE20.77M15.28M16.39M
AccumulatedDepreciation-31.72M-27.61M-24.27M
GrossPPE52.49M42.89M40.66M
Leases518.00K472.00K457.00K
OtherProperties45.57M37.04M35.52M
MachineryFurnitureEquipment6.40M5.38M4.68M
Properties0.000.000.00
CurrentAssets162.57M212.99M180.59M
OtherCurrentAssets6.07M6.46M4.72M
PrepaidAssets6.59M11.86M12.17M
Inventory66.88M57.07M33.78M
InventoriesAdjustmentsAllowances-23.82M-7.99M-5.57M
FinishedGoods69.43M50.05M31.99M
RawMaterials21.27M15.01M7.35M
Receivables64.33M89.44M70.63M
ReceivablesAdjustmentsAllowances-283.00K-577.00K-683.00K
OtherReceivables447.00K140.00K985.00K
TaxesReceivable222.00K117.00K860.00K
AccountsReceivable63.94M89.76M69.47M
CashCashEquivalentsAndShortTermInvestments18.71M48.16M59.29M
CashAndCashEquivalents18.71M48.16M59.29M
CashFinancial18.71M48.16M59.29M
Line Item2023-12-312022-12-312021-12-31
FreeCashFlow-28.18M-12.30M19.79M
RepaymentOfDebt-2.62M-1.97M-55.25M
IssuanceOfDebt0.000.0029.81M
IssuanceOfCapitalStock1.76M
CapitalExpenditure-11.22M-9.24M-10.17M
InterestPaidSupplementalData1.84M807.00K2.06M
IncomeTaxPaidSupplementalData4.92M1.35M779.00K
EndCashPosition18.71M48.16M59.29M
BeginningCashPosition48.16M59.29M62.47M
EffectOfExchangeRateChanges-6.00K-75.00K-22.00K
ChangesInCash-29.45M-11.05M-3.16M
FinancingCashFlow-1.27M1.25M-22.95M
CashFlowFromContinuingFinancingActivities-1.27M1.25M-22.95M
NetOtherFinancingCharges-822.00K-986.00K-4.08M
ProceedsFromStockOptionExercised2.18M4.20M6.56M
NetCommonStockIssuance1.76M
CommonStockIssuance1.76M
NetIssuancePaymentsOfDebt-2.62M-1.97M-25.44M
NetLongTermDebtIssuance-2.62M-1.97M-25.44M
LongTermDebtPayments-2.62M-1.97M-55.25M
LongTermDebtIssuance0.000.0029.81M
InvestingCashFlow-11.22M-9.24M-10.17M
CashFlowFromContinuingInvestingActivities-11.22M-9.24M-10.17M
NetBusinessPurchaseAndSale0.000.00
PurchaseOfBusiness0.000.00
NetIntangiblesPurchaseAndSale-6.64M-4.67M-3.91M
PurchaseOfIntangibles-6.64M-4.67M-3.91M
NetPPEPurchaseAndSale-4.59M-4.57M-6.26M
PurchaseOfPPE-4.59M-4.57M-6.26M
OperatingCashFlow-16.95M-3.05M29.96M
CashFlowFromContinuingOperatingActivities-16.95M-3.05M29.96M
ChangeInWorkingCapital14.27M-40.26M-17.02M
ChangeInOtherWorkingCapital6.69M5.92M318.00K
ChangeInPayablesAndAccruedExpense-3.31M-6.53M1.69M
ChangeInAccruedExpense10.32M-9.29M4.40M
ChangeInInterestPayable0.00
ChangeInPayable-13.64M2.77M-2.71M
ChangeInAccountPayable-13.64M2.77M-2.71M
ChangeInPrepaidAssets5.25M286.00K-8.03M
ChangeInInventory-26.41M-27.03M174.00K
ChangeInReceivables32.05M-12.91M-11.17M
OtherNonCashItems-104.00K179.00K923.00K
StockBasedCompensation11.59M10.68M7.72M
ProvisionandWriteOffofAssets16.59M3.74M11.00K
DeferredTax9.09M-5.19M-6.07M
DeferredIncomeTax9.09M-5.19M-6.07M
DepreciationAmortizationDepletion9.03M7.60M6.98M
DepreciationAndAmortization9.03M7.60M6.98M
AmortizationCashFlow4.68M3.68M3.62M
AmortizationOfIntangibles4.68M3.68M3.62M
Depreciation4.34M3.91M3.36M
NetIncomeFromContinuingOperations-77.42M20.20M37.42M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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