CalAmp Corp. (CAMP) Financial Statements (2024 and earlier)

Company Profile

Business Address 15635 ALTON PARKWAY, SUITE 250
IRVINE, CA 92618
State of Incorp. DE
Fiscal Year End February 28
Industry (SIC) 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

11/30/2023
MRQ
2/28/2023
2/28/2022
2/28/2021
2/29/2020
2/28/2019
2/28/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments41,92879,22194,624107,404274,012156,003
Cash and cash equivalents41,92879,22194,624107,404256,500132,603
Short-term investments     17,51223,400
Receivables82,94661,54463,32572,27378,07971,580
Inventory, net of allowances, customer advances and progress billings23,90218,26923,66336,77832,03336,302
Inventory23,90218,26923,66336,77832,03336,302
Disposal group, including discontinued operation   7,872   
Other undisclosed current assets26,01922,34824,80421,41119,37312,000
Total current assets:174,795181,382214,288237,866403,497275,885
Noncurrent Assets
Operating lease, right-of-use asset12,29312,32714,27320,626
Property, plant and equipment32,83237,67441,08155,87827,02321,262
Intangible assets, net (including goodwill)120,847126,401132,105152,230127,970125,436
Goodwill94,21494,43694,617106,33580,80572,980
Intangible assets, net (excluding goodwill)26,63331,96537,48845,89547,16552,456
Deferred income tax assets3,2754,1654,889 
Other noncurrent assets36,07829,63227,16924,76822,51018,829
Other undisclosed noncurrent assets    4,43722,62631,581
Total noncurrent assets:205,325210,199219,517257,939200,129197,108
TOTAL ASSETS:380,120391,581433,805495,805603,626472,993
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities64,48242,74448,52837,49948,70646,084
Employee-related liabilities10,92912,7619,0498,80810,606
Accounts payable52,71631,81535,76728,45039,89835,478
Accrued liabilities11,766     
Deferred revenue25,44826,17432,92434,704
Debt 7052,5854,31733,119  
Disposal group, including discontinued operation   4,096   
Other liabilities15,86518,95117,38016,15310,62231,688
Deferred revenue and credits17,757
Contract with customer, liability24,264
Total current liabilities:106,50090,454107,245121,47583,59295,529
Noncurrent Liabilities
Long-term debt and lease obligation227,416203,085199,215201,367275,905154,299
Long-term debt, excluding current maturities227,416189,703182,154177,088275,905154,299
Liabilities, other than long-term debt31,89722,64032,26035,04438,47624,249
Disposal group, including discontinued operation, liabilities   1,773   
Other liabilities19,58322,64030,48735,04438,47624,249
Operating lease, liability12,31413,38217,06124,279
Total noncurrent liabilities:259,313225,725231,475236,411314,381178,548
Total liabilities:365,813316,179338,720357,886397,973274,077
Equity
Equity, attributable to parent14,30775,40295,085137,919205,653198,916
Common stock374361352343336357
Additional paid in capital184,672242,386233,692220,482208,205218,217
Accumulated other comprehensive loss(1,923)(1,380)(985)(1,375)(661)(199)
Accumulated deficit(168,816)(165,965)(137,974)(81,531)(2,227)(19,459)
Total equity:14,30775,40295,085137,919205,653198,916
TOTAL LIABILITIES AND EQUITY:380,120391,581433,805495,805603,626472,993

Income Statement (P&L) ($ in thousands)

11/30/2023
TTM
2/28/2023
2/28/2022
2/28/2021
2/29/2020
2/28/2019
2/28/2018
Revenues294,949295,839308,587366,107363,800365,912
Revenue, net365,912
Cost of revenue
(Cost of Goods and Services Sold)
(185,938)(173,953)(186,182)(222,804)(216,036)(215,022)
Gross profit:109,011121,886122,405143,303147,764150,890
Operating expenses(133,696)(135,356)(129,230)(183,503)(128,069)(142,935)
Operating income (loss):(24,685)(13,470)(6,825)(40,200)19,6957,955
Nonoperating income (expense)(6,654)(16,591)(13,771)(18,120)4,16020,754
Investment income, nonoperating9891,1752,1194,4975,2582,256
Other nonoperating income (expense)(1,383)(2,443)(403)(113)(672)445
Interest and debt expense(6,260)(15,323)(15,487)(2,408)(2,033)(10,280)
Other undisclosed income from continuing operations before equity method investments, income taxes      10,280
Income (loss) from continuing operations before equity method investments, income taxes:(37,599)(45,384)(36,083)(60,728)21,82228,709
Loss from equity method investments      (1,411)
Other undisclosed income (loss) from continuing operations before income taxes6,260     
Income (loss) from continuing operations before income taxes:(31,339)(45,384)(36,083)(60,728)21,82227,298
Income tax expense (benefit)(1,151)(1,087)(561)(20,454)1,330(10,681)
Income (loss) from continuing operations:(32,490)(46,471)(36,644)(81,182)23,15216,617
Income (loss) before gain (loss) on sale of properties:(46,471)(36,644)(81,182)23,15216,617
Other undisclosed net income (loss) 18,480(19,665)1,878(4,754) 
Net income (loss) available to common stockholders, diluted:(32,490)(27,991)(56,309)(79,304)18,39816,617

Comprehensive Income ($ in thousands)

11/30/2023
TTM
2/28/2023
2/28/2022
2/28/2021
2/29/2020
2/28/2019
2/28/2018
Net income (loss):(32,490)(27,991)(56,309)(79,304)18,39816,617
Other comprehensive income      342
Comprehensive income (loss):(32,490)(27,991)(56,309)(79,304)18,39816,959
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(543)(395)390(714)(462) 
Comprehensive income (loss), net of tax, attributable to parent:(33,033)(28,386)(55,919)(80,018)17,93616,959

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: