C-COM Reports Fiscal Year 2025 Results

Executive Summary

• C‑COM Satellite Systems Inc. reported FY 2025 revenue of $5.78 M, a 26% decline versus FY 2024.
• The company posted a net loss of $407,550 for the year, widening from a $211,475 loss in 2024.
• Gross margin improved to 49% (up from 47%) and total expenses were reduced by roughly $0.9 M, reflecting cost‑optimization initiatives.

Key Details

• Revenue: $5,783,028 for FY 2025 vs. $7,886,850 in FY 2024 (‑26%).
• Net Loss: $407,550 for FY 2025 vs. $211,475 loss in FY 2024.
• Gross Margin: 49% in FY 2025, up from 47% in FY 2024.
• Expense Reduction: Approximately $0.9 M of total expenses eliminated year‑over‑year.
• Liquidity Position: Management highlighted a “strong balance sheet and solid liquidity” despite the revenue decline.
• Product Development Milestones: Near‑completion of next‑generation Ka‑band flat‑panel multi‑orbit antenna and 8‑channel beamformer integrated circuit (BFIC).
• Commercial Production Timeline: Expected to commence in Q4 2026 for ESA solutions and BFIC, opening new revenue streams.
• Market Outlook: Anticipated growth in military sector sales and broader demand for electronically steered antennas (ESA) across satellite constellations (LEO, MEO, GEO).

Notable Quotes

“C‑COM remains well positioned to navigate the evolving satcom landscape, supported by a strong balance sheet and solid liquidity,” – Dr. Leslie Klein, President & CEO.
“The commercialization of our next‑generation Ka‑band flat panel multi‑orbit antenna and our 8‑channel beamformer integrated circuit (BFIC) remains our top strategic priority.” – Dr. Leslie Klein.