Cambium Networks Corporation (CMBM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Cambium Networks Corporation (CMBM) stock price & volume — 10-year historical chart
Cambium Networks Corporation (CMBM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Cambium Networks Corporation (CMBM) competitors in Wireless Access and Backhaul Equipment — business model, growth, and fundamentals comparison
Cambium Networks Corporation (CMBM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Cambium Networks Corporation (CMBM) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 181.44M | 216.67M | 241.76M | 267.03M | 278.46M | 335.85M | 296.9M | 220.19M | 172.22M |
| Revenue Growth % | - | 19.41% | 11.58% | 10.45% | 4.28% | 20.61% | -11.6% | -25.84% | -34.89% |
| Cost of Goods Sold | 91.72M | 105.96M | 126.27M | 135.8M | 139.05M | 175.06M | 151.76M | 151.36M | 142.71M |
| COGS % of Revenue | 50.55% | 48.9% | 52.23% | 50.86% | 49.94% | 52.12% | 51.11% | 68.74% | - |
| Gross Profit | 89.73M▲ 0% | 110.71M▲ 23.4% | 115.5M▲ 4.3% | 131.23M▲ 13.6% | 139.41M▲ 6.2% | 160.8M▲ 15.3% | 145.14M▼ 9.7% | 68.83M▼ 52.6% | 29.51M▲ 0% |
| Gross Margin % | 49.45% | 51.1% | 47.77% | 49.14% | 50.06% | 47.88% | 48.89% | 31.26% | 17.14% |
| Gross Profit Growth % | - | 23.38% | 4.32% | 13.62% | 6.23% | 15.34% | -9.74% | -52.58% | - |
| Operating Expenses | 77.54M | 95.84M | 109.14M | 129.93M | 115.46M | 124.38M | 125.26M | 129.69M | 112.27M |
| OpEx % of Revenue | 42.73% | 44.23% | 45.15% | 48.66% | 41.46% | 37.03% | 42.19% | 58.9% | - |
| Selling, General & Admin | 42.84M | 54.79M | 61.46M | 76.38M | 62.45M | 66.88M | 69.43M | 70M | 63.41M |
| SG&A % of Revenue | 23.61% | 25.29% | 25.42% | 28.6% | 22.43% | 19.91% | 23.39% | 31.79% | - |
| Research & Development | 26.27M | 32.23M | 38.92M | 47.69M | 46.37M | 51.32M | 49.87M | 53.48M | 42.28M |
| R&D % of Revenue | 14.48% | 14.87% | 16.1% | 17.86% | 16.65% | 15.28% | 16.8% | 24.29% | - |
| Other Operating Expenses | 8.43M | 8.82M | 8.77M | 5.86M | 6.64M | 6.17M | 5.96M | 6.21M | 4M |
| Operating Income | 12.19M▲ 0% | 14.87M▲ 22.0% | 6.35M▼ 57.3% | 755K▼ 88.1% | 23.95M▲ 3071.9% | 36.42M▲ 52.1% | 19.88M▼ 45.4% | -60.85M▼ 406.1% | -82.75M▲ 0% |
| Operating Margin % | 6.72% | 6.86% | 2.63% | 0.28% | 8.6% | 10.84% | 6.7% | -27.64% | -48.05% |
| Operating Income Growth % | - | 22.01% | -57.3% | -88.11% | 3071.92% | 52.08% | -45.41% | -406.11% | - |
| EBITDA | 20.62M | 23.8M | 15.37M | 7.12M | 31.22M | 43.4M | 27.48M | -51.83M | -73.51M |
| EBITDA Margin % | 11.37% | 10.98% | 6.36% | 2.67% | 11.21% | 12.92% | 9.25% | -23.54% | -42.69% |
| EBITDA Growth % | - | 15.39% | -35.42% | -53.66% | 338.3% | 39.02% | -36.69% | -288.63% | -6062.11% |
| D&A (Non-Cash Add-back) | 8.43M | 8.92M | 9.02M | 6.37M | 7.27M | 6.98M | 7.6M | 9.03M | 9.24M |
| EBIT | 12.19M | 14.4M | 6.35M | 755K | 23.46M | 35.88M | 19.88M | -61.13M | -82.81M |
| Net Interest Income | -7.57M | -5.02M | -8.11M | -8.08M | -5.33M | -4.27M | -1.98M | -2.52M | -4.31M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 7.57M | 5.02M | 8.11M | 8.08M | 5.33M | 4.27M | 1.98M | 2.52M | 4.31M |
| Other Income/Expense | -7.73M | -5.49M | -8.66M | -8.62M | -5.82M | -4.51M | -1.86M | -2.79M | -4.37M |
| Pretax Income | 4.46M▲ 0% | 9.38M▲ 110.3% | -2.31M▼ 124.6% | -7.32M▼ 216.7% | 18.13M▲ 347.7% | 31.91M▲ 76.0% | 18.02M▼ 43.5% | -63.65M▼ 453.3% | -87.13M▲ 0% |
| Pretax Margin % | 2.46% | 4.33% | -0.96% | -2.74% | 6.51% | 9.5% | 6.07% | -28.9% | -50.59% |
| Income Tax | 1.55M | -418K | -799K | 10.28M | -444K | -5.51M | -2.18M | 13.77M | 10.99M |
| Effective Tax Rate % | 34.69% | -4.46% | 34.56% | -140.42% | -2.45% | -17.29% | -12.12% | -21.64% | -12.62% |
| Net Income | 2.27M▲ 0% | 9.8M▲ 330.7% | -1.51M▼ 115.4% | -17.6M▼ 1063.3% | 18.57M▲ 205.5% | 37.42M▲ 101.5% | 20.2M▼ 46.0% | -77.42M▼ 483.3% | -98.12M▲ 0% |
| Net Margin % | 1.25% | 4.52% | -0.63% | -6.59% | 6.67% | 11.14% | 6.8% | -35.16% | -56.98% |
| Net Income Growth % | - | 330.73% | -115.44% | -1063.32% | 205.53% | 101.46% | -46.02% | -483.27% | -574.13% |
| Net Income (Continuing) | 2.91M | 9.8M | -1.51M | -17.6M | 18.57M | 37.42M | 20.2M | -77.42M | -98.12M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 8.62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.11▲ 0% | 0.49▲ 345.5% | -0.08▼ 115.6% | -0.69▼ 803.1% | 0.70▲ 201.4% | 1.31▲ 87.1% | 0.72▼ 45.0% | -2.81▼ 490.3% | -3.48▲ 0% |
| EPS Growth % | - | 345.45% | -115.59% | -803.14% | 201.45% | 87.14% | -45.04% | -490.28% | -546.17% |
| EPS (Basic) | 0.11 | 0.49 | -0.08 | -0.69 | 0.72 | 1.42 | 0.75 | -2.81 | - |
| Diluted Shares Outstanding | 19.81M | 19.81M | 19.81M | 25.67M | 26.4M | 28.63M | 28.03M | 27.52M | 28.22M |
| Basic Shares Outstanding | 19.81M | 19.81M | 19.81M | 25.67M | 25.71M | 26.42M | 26.92M | 27.52M | 27.9M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Cambium Networks Corporation (CMBM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 81.98M | 85.63M | 105.57M | 129.32M | 165.13M | 180.59M | 212.99M | 162.57M | 171.18M |
| Cash & Short-Term Investments | 14.63M | 7.38M | 4.44M | 19.35M | 62.47M | 59.29M | 48.16M | 18.71M | 46.49M |
| Cash Only | 14.63M | 7.38M | 4.44M | 19.35M | 62.47M | 59.29M | 48.16M | 18.71M | 46.49M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 40.27M | 52.21M | 61.07M | 58.63M | 59.53M | 70.63M | 89.44M | 64.33M | 58.39M |
| Days Sales Outstanding | 81.02 | 87.95 | 92.2 | 80.14 | 78.04 | 76.76 | 109.95 | 106.63 | 128.49 |
| Inventory | 22.66M | 21.89M | 30.71M | 41.67M | 33.96M | 33.78M | 57.07M | 66.88M | 42.98M |
| Days Inventory Outstanding | 90.18 | 75.39 | 88.77 | 112 | 89.15 | 70.43 | 137.26 | 161.27 | 137.75 |
| Other Current Assets | 1.36M | 1.32M | 5.89M | 4.35M | 5.02M | 4.72M | 6.46M | 6.07M | 7.39M |
| Total Non-Current Assets | 36.78M | 35.99M | 36.48M | 43.16M | 40.62M | 51.68M | 56.47M | 55.3M | 51.43M |
| Property, Plant & Equipment | 3.83M | 5.22M | 7.96M | 15.19M | 12.62M | 16.39M | 15.28M | 20.77M | 20.66M |
| Fixed Asset Turnover | 47.31x | 41.50x | 30.35x | 17.58x | 22.07x | 20.49x | 19.43x | 10.60x | 8.16x |
| Goodwill | 8.06M | 8.06M | 8.06M | 8.55M | 9.84M | 9.84M | 9.84M | 9.84M | 9.84M |
| Intangible Assets | 20.88M | 16.66M | 12.44M | 18.5M | 16.33M | 16.64M | 17.61M | 19.66M | 19.94M |
| Long-Term Investments | -4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4M | 0 | 0 | 0 | 288K | 1.2M | 955K | 1.33M | 4.86M |
| Total Assets | 118.76M▲ 0% | 121.61M▲ 2.4% | 142.06M▲ 16.8% | 172.48M▲ 21.4% | 205.75M▲ 19.3% | 232.27M▲ 12.9% | 269.46M▲ 16.0% | 217.88M▼ 19.1% | 222.61M▲ 0% |
| Asset Turnover | 1.53x | 1.78x | 1.70x | 1.55x | 1.35x | 1.45x | 1.10x | 1.01x | 0.77x |
| Asset Growth % | - | 2.4% | 16.81% | 21.42% | 19.29% | 12.89% | 16.01% | -19.14% | -69.32% |
| Total Current Liabilities | 39.43M | 54.64M | 66.3M | 67.87M | 107.61M | 82.14M | 87.22M | 96.33M | 156.06M |
| Accounts Payable | 13.66M | 18.48M | 23.71M | 25.21M | 30.86M | 28.24M | 31.28M | 19.12M | 19.62M |
| Days Payables Outstanding | 54.38 | 63.64 | 68.54 | 67.77 | 81 | 58.88 | 75.24 | 46.11 | 45.72 |
| Short-Term Debt | 3.14M | 3.93M | 8.84M | 9.45M | 29.2M | 2.49M | 3.16M | 3.19M | 67.58M |
| Deferred Revenue (Current) | 2.69M | 2.89M | 2.77M | 7.43M | 6.47M | 6.88M | 8.91M | 8.77M | 34.5M |
| Other Current Liabilities | -7.32M | 9.25M | 7.14M | 10.74M | 20.92M | 22.58M | 15.82M | 18.19M | 13.76M |
| Current Ratio | 2.08x | 1.57x | 1.59x | 1.91x | 1.53x | 2.20x | 2.44x | 1.69x | 1.69x |
| Quick Ratio | 1.50x | 1.17x | 1.13x | 1.29x | 1.22x | 1.79x | 1.79x | 0.99x | 0.99x |
| Cash Conversion Cycle | 116.82 | 99.7 | 112.43 | 124.37 | 86.18 | 88.31 | 171.97 | 221.79 | 220.52 |
| Total Non-Current Liabilities | 120.38M | 84.8M | 96.33M | 64.68M | 34.76M | 37.99M | 36.87M | 40.61M | 22.92M |
| Long-Term Debt | 95.92M | 83.44M | 94.18M | 54.16M | 24.96M | 26.96M | 24.46M | 21.93M | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 5.33M | 3.33M | 4.11M | 2.17M | 6.59M | 29.38M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 337K | 9K | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 23.12M | 0 | 605K | 0 | 2.01M | 1.54M | 1.62M | 1.62M | 6.9M |
| Total Liabilities | 159.82M | 139.44M | 162.63M | 132.21M | 142.37M | 120.13M | 124.09M | 136.94M | 178.98M |
| Total Debt | 99.06M | 87.38M | 103.02M | 68.95M | 57.49M | 33.57M | 29.79M | 31.71M | 76.91M |
| Net Debt | 84.44M | 80M | 98.58M | 49.6M | -4.98M | -25.73M | -18.37M | 13M | 30.42M |
| Debt / Equity | - | - | - | 1.73x | 0.91x | 0.30x | 0.20x | 0.39x | 0.39x |
| Debt / EBITDA | 4.80x | 3.67x | 6.70x | 9.68x | 1.84x | 0.77x | 1.08x | - | -1.05x |
| Net Debt / EBITDA | 4.09x | 3.36x | 6.41x | 6.96x | -0.16x | -0.59x | -0.67x | - | -0.41x |
| Interest Coverage | 1.61x | 2.96x | 0.78x | 0.09x | 4.50x | 8.53x | 10.06x | -24.14x | -19.20x |
| Total Equity | -41.05M▲ 0% | -17.83M▲ 56.6% | -20.57M▼ 15.4% | 39.93M▲ 294.1% | 63.39M▲ 58.7% | 112.14M▲ 76.9% | 145.37M▲ 29.6% | 80.93M▼ 44.3% | 43.63M▲ 0% |
| Equity Growth % | - | 56.58% | -15.4% | 294.1% | 58.75% | 76.91% | 29.64% | -44.33% | -240.51% |
| Book Value per Share | -2.07 | -0.90 | -1.04 | 1.56 | 2.40 | 3.92 | 5.19 | 2.94 | 1.55 |
| Total Shareholders' Equity | -49.67M | -17.83M | -20.57M | 39.93M | 63.39M | 112.14M | 145.37M | 80.93M | 43.63M |
| Common Stock | 772K | 772K | 0 | 3K | 3K | 3K | 3K | 3K | 3K |
| Retained Earnings | -52.53M | -43.4M | -45.77M | -63.37M | -44.8M | -7.38M | 12.82M | -64.6M | -109.86M |
| Treasury Stock | 0 | 0 | 0 | -1.09M | -1.09M | -3.91M | -4.92M | -5.62M | -5.66M |
| Accumulated OCI | 2.08M | 151K | -221K | -379K | -564K | -699K | -1.53M | -1.61M | -1.8M |
| Minority Interest | 8.62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cambium Networks Corporation (CMBM) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 16.53M | 23M | -10.39M | 3.55M | 56.9M | 29.96M | -3.05M | -16.95M | -16.95M |
| Operating CF Margin % | 9.11% | 10.62% | -4.3% | 1.33% | 20.43% | 8.92% | -1.03% | -7.7% | - |
| Operating CF Growth % | - | 39.13% | -145.19% | 134.18% | 1501.49% | -47.35% | -110.19% | -455.08% | 3449.52% |
| Net Income | 2.91M | 9.8M | -1.51M | -17.6M | 18.57M | 37.42M | 20.2M | -77.42M | -98.12M |
| Depreciation & Amortization | 8.43M | 8.87M | 9.02M | 6.37M | 7.27M | 6.98M | 7.6M | 9.03M | 10.21M |
| Stock-Based Compensation | 0 | 0 | 0 | 17.7M | 3.44M | 7.72M | 10.68M | 11.59M | 10.45M |
| Deferred Taxes | -118K | -1.88M | -1.86M | 7.4M | -1.07M | -6.07M | -5.19M | 9.09M | 12.49M |
| Other Non-Cash Items | -210K | 410K | 1.53M | 1.45M | 2.98M | 934K | 3.92M | 16.49M | 2.96M |
| Working Capital Changes | 5.51M | 5.8M | -17.57M | -11.76M | 25.71M | -17.02M | -40.26M | 14.27M | 37.46M |
| Change in Receivables | 5.74M | -2.26M | -5.29M | -4.67M | 3.02M | -19.34M | -11.17M | 32.05M | 16.71M |
| Change in Inventory | -1.31M | 586K | -10.01M | -7.63M | 5.7M | 174K | -27.03M | -26.41M | 16.54M |
| Change in Payables | -3.36M | 4.73M | 4.26M | 2.1M | 6.1M | -2.71M | 2.77M | -13.64M | -5.47M |
| Cash from Investing | -2.03M | -5.93M | -7.5M | -8.61M | -5.4M | -10.17M | -9.24M | -11.22M | -13.2M |
| Capital Expenditures | -2.03M | -5.93M | -7.5M | -3.95M | -5.07M | -10.17M | -9.24M | -4.59M | -9.8M |
| CapEx % of Revenue | 1.12% | 2.74% | 3.1% | 1.48% | 1.82% | 3.03% | 3.11% | 2.08% | - |
| Acquisitions | 0 | 0 | 0 | -4.67M | -334K | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -164K | -2.58M | -1.91M | 0 | 0 | 0 | 0 | -6.64M | -3.39M |
| Cash from Financing | -5.43M | -24.35M | 15.07M | 20.02M | -8.37M | -22.95M | 1.25M | -1.27M | 42.87M |
| Debt Issued (Net) | -5.43M | 53.48M | 15.46M | -40.21M | -10M | -25.44M | -1.97M | -2.63M | 41.72M |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 540K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -700K | -38K |
| Other Financing | 0 | -77.83M | -396K | -5.75M | 4K | 729K | -986K | -822K | 615K |
| Net Change in Cash | 9.01M▲ 0% | -7.25M▼ 180.5% | -2.94M▲ 59.5% | 14.9M▲ 607.7% | 43.13M▲ 189.3% | -3.18M▼ 107.4% | -11.13M▼ 249.9% | -29.45M▼ 164.6% | 18.96M▲ 0% |
| Free Cash Flow | 14.5M▲ 0% | 17.07M▲ 17.7% | -17.89M▼ 204.8% | -393K▲ 97.8% | 51.84M▲ 13289.6% | 19.79M▼ 61.8% | -12.3M▼ 162.1% | -21.54M▼ 75.1% | -23.89M▲ 0% |
| FCF Margin % | 7.99% | 7.88% | -7.4% | -0.15% | 18.61% | 5.89% | -4.14% | -9.78% | -13.87% |
| FCF Growth % | - | 17.72% | -204.83% | 97.8% | 13289.57% | -61.81% | -162.14% | -75.14% | -31.7% |
| FCF per Share | 0.73 | 0.86 | -0.90 | -0.02 | 1.96 | 0.69 | -0.44 | -0.78 | -0.78 |
| FCF Conversion (FCF/Net Income) | 7.27x | 2.35x | 6.87x | -0.20x | 3.06x | 0.80x | -0.15x | 0.22x | 0.24x |
| Interest Paid | 2.25M | 1.53M | 7.61M | 6.46M | 4M | 2.06M | 807K | 1.84M | 2.44M |
| Taxes Paid | 1.31M | 1.49M | 1.07M | 1.7M | 2.23M | 779K | 1.35M | 4.92M | 3.31M |
Cambium Networks Corporation (CMBM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -181.85% | 35.96% | 42.64% | 15.69% | -68.42% | -224.89% |
| Return on Invested Capital (ROIC) | 21.14% | 6.8% | 0.68% | 24.28% | 37.72% | 13.97% | -41.32% | -41.32% |
| Gross Margin | 51.1% | 47.77% | 49.14% | 50.06% | 47.88% | 48.89% | 31.26% | 17.14% |
| Net Margin | 4.52% | -0.63% | -6.59% | 6.67% | 11.14% | 6.8% | -35.16% | -56.98% |
| Debt / Equity | - | - | 1.73x | 0.91x | 0.30x | 0.20x | 0.39x | 0.39x |
| Interest Coverage | 2.96x | 0.78x | 0.09x | 4.50x | 8.53x | 10.06x | -24.14x | -19.20x |
| FCF Conversion | 2.35x | 6.87x | -0.20x | 3.06x | 0.80x | -0.15x | 0.22x | 0.24x |
| Revenue Growth | 19.41% | 11.58% | 10.45% | 4.28% | 20.61% | -11.6% | -25.84% | -34.89% |
Cambium Networks Corporation (CMBM) stock FAQ — growth, dividends, profitability & financials explained
Cambium Networks Corporation (CMBM) reported $172.2M in revenue for fiscal year 2023. This represents a 5% decrease from $181.4M in 2016.
Cambium Networks Corporation (CMBM) saw revenue decline by 25.8% over the past year.
Cambium Networks Corporation (CMBM) reported a net loss of $98.1M for fiscal year 2023.
Cambium Networks Corporation (CMBM) has a return on equity (ROE) of -68.4%. Negative ROE indicates the company is unprofitable.
Cambium Networks Corporation (CMBM) had negative free cash flow of $23.9M in fiscal year 2023, likely due to heavy capital investments.
Cambium Networks Corporation (CMBM) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates