Vecima Networks Financials

VCM Stock  CAD 9.84  0.15  1.50%   
You can exercise Vecima Networks fundamental data analysis to find out if markets are presently mispricing the firm. We have collected data for thirty-six available drivers for Vecima Networks, which can be compared to its competition. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Vecima Networks to be traded at C$9.54 in 90 days.
 
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Vecima Networks Balance Sheet Chart

At this time, Vecima Networks' Total Current Liabilities is very stable compared to the past year. As of the 26th of January 2026, Property Plant And Equipment Net is likely to grow to about 17.6 M, while Total Assets are likely to drop about 196.9 M.
Key indicators impacting Vecima Networks' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.280.26
Significantly Up
Slightly volatile
Current Ratio1.671.76
Notably Down
Slightly volatile
  

Vecima Networks Stock Summary

Vecima Networks competes with Sangoma Technologies, Xtract One, Tucows, Quarterhill, and WonderFi Technologies. Vecima Networks Inc. provides technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. The company was founded in 1988 and is headquartered in Victoria, Canada. VECIMA NETWORKS operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. It employs 0 people.
Foreign Associate
  Germany
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA92241Y1016
Business Address771 Vanalman Avenue,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitevecima.com
Phone(250) 881 1982
CurrencyCAD - Canadian Dollar
You should never invest in Vecima Networks without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Vecima Stock, because this is throwing your money away. Analyzing the key information contained in Vecima Networks' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Vecima Networks Key Financial Ratios

Vecima Networks' financial ratios allow both analysts and investors to convert raw data from Vecima Networks' financial statements into concise, actionable information that can be used to evaluate the performance of Vecima Networks over time and compare it to other companies across industries.

Vecima Networks Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets262.6M331.7M387.8M332.1M381.9M196.9M
Net Debt4.0M34.6M67.4M58.8M67.6M71.0M
Cash12.9M2.3M2.1M3.4M4.0M3.8M
Other Assets92.7M108.5M22.7M28.1M32.3M59.3M
Total Liab82.9M114.0M152.9M118.5M136.3M143.1M
Total Current Assets121.5M178.5M217.6M147.5M169.7M95.9M
Other Current Liab27.4M32.6M23.6M28.7M33.0M34.6M
Retained Earnings168.9M190.9M205.0M181.9M209.1M141.4M
Accounts Payable6.2M21.4M36.3M25.4M29.2M30.7M
Net Receivables51.7M60.9M72.8M26.8M30.8M28.4M
Inventory49.6M101.6M136.0M110.6M127.2M133.6M
Other Current Assets7.3M13.7M6.6M6.7M7.7M8.1M
Short Term Debt1.8M22.8M54.2M42.3M48.6M51.0M
Intangible Assets75.9M83.0M8.2M8.4M9.7M9.2M
Good Will14.8M15.0M15.3M16.9M19.5M20.4M
Common Stock7.9M24.0M24.1M24.2M27.8M29.2M
Other Liab1.5M2.8M4.8M5.1M5.9M6.2M
Net Tangible Assets143.2M143.4M150.5M191.0M219.6M168.2M
Long Term Debt15.1M12.9M11.8M16.1M18.5M19.4M
Short Long Term Debt1.8M22.8M53.0M41.0M47.1M49.5M
Long Term Debt Total15.1M14.1M15.4M19.9M22.9M24.1M

Vecima Networks Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense301K2.4M7.1M10.0M11.5M12.1M
Total Revenue186.8M303.4M291.0M285.9M328.7M345.2M
Gross Profit90.0M142.0M136.7M109.4M125.8M132.1M
Operating Income9.4M33.3M29.6M(2.4M)(2.8M)(2.6M)
Ebit11.2M35.9M27.5M(14.7M)(13.2M)(12.6M)
Research Development36.6M46.0M44.2M62.9M72.3M75.9M
Ebitda29.0M55.9M49.8M(851K)(978.7K)(929.7K)
Cost Of Revenue96.9M161.5M154.4M176.4M202.9M213.1M
Income Before Tax11.0M33.6M20.5M(24.7M)(22.3M)(21.1M)
Net Income8.7M27.2M19.4M(17.8M)(16.0M)(15.2M)
Income Tax Expense2.4M6.4M1.1M(7.0M)(6.3M)(6.0M)
Tax Provision2.4M6.4M1.1M(6.8M)(6.1M)(5.8M)
Interest Income1.7M1.7M12K24K21.6K20.5K
Net Interest Income(272K)(2.4M)(7.1M)(10M)(9M)(8.6M)

Vecima Networks Key Cash Accounts

202120222023202420252026 (projected)
Change In Cash(16.0M)(10.6M)(142K)1.3M1.2M1.2M
Free Cash Flow(19.9M)(37.4M)(27.3M)51.9M46.8M49.1M
Other Non Cash Items238K(944K)(775K)(3.7M)(4.2M)(4.5M)
Capital Expenditures23.3M26.4M30.1M2.7M3.1M2.9M
Net Income8.7M27.2M19.4M(17.8M)(16.0M)(15.2M)
End Period Cash Flow12.9M2.3M2.1M3.4M4.0M3.8M
Depreciation17.8M20.0M22.3M31.7M36.4M38.3M
Change To Inventory(33.4M)(51.3M)(33.7M)16.4M14.7M15.5M
Dividends Paid5.0M5.1M5.2M5.3M4.8M5.0M
Investments(23.3M)(26.4M)(26.2M)(37.9M)(34.1M)(32.4M)
Net Borrowings10.6M18.5M28.9M(9.4M)(10.8M)(10.2M)
Change To Netincome(91K)(2.1M)2.9M6.5M7.5M7.9M

Vecima Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Vecima Networks's current stock value. Our valuation model uses many indicators to compare Vecima Networks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vecima Networks competition to find correlations between indicators driving Vecima Networks's intrinsic value. More Info.
Vecima Networks is rated third in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Vecima Networks' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Vecima Networks by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vecima Networks' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Vecima Networks Total Assets Over Time

Most indicators from Vecima Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vecima Networks current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vecima Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
At this time, Vecima Networks' Discontinued Operations is very stable compared to the past year. As of the 26th of January 2026, Sales General And Administrative To Revenue is likely to grow to 0.18, while Selling General Administrative is likely to drop about 19.4 M.
 2023 2024 2025 2026 (projected)
Gross Profit136.7M109.4M125.8M132.1M
Total Revenue291.0M285.9M328.7M345.2M

Vecima Networks fundamental ratios Correlations

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0.730.530.98-0.63-0.13-0.680.570.92-0.30.970.680.850.97-0.20.940.410.90.860.920.550.980.70.830.99-0.33
0.920.530.48-0.180.15-0.090.90.37-0.50.60.860.570.59-0.380.620.970.570.720.430.560.550.610.390.510.27
0.70.980.48-0.76-0.15-0.660.50.91-0.30.940.680.820.94-0.230.90.370.90.790.90.530.970.70.750.98-0.37
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0.1-0.130.15-0.150.16-0.210.070.07-0.070.06-0.040.270.04-0.130.150.170.150.23-0.360.37-0.080.39-0.07-0.190.82
-0.41-0.68-0.09-0.660.38-0.21-0.11-0.81-0.12-0.73-0.28-0.67-0.73-0.17-0.690.07-0.75-0.56-0.48-0.61-0.69-0.57-0.66-0.650.12
0.810.570.90.5-0.130.07-0.110.41-0.470.590.750.560.57-0.140.620.850.530.740.540.430.590.520.530.540.06
0.630.920.370.91-0.60.07-0.810.41-0.220.940.550.920.93-0.130.940.260.920.80.790.590.910.780.840.87-0.17
-0.43-0.3-0.5-0.30.22-0.07-0.12-0.47-0.22-0.33-0.39-0.47-0.320.44-0.39-0.62-0.26-0.43-0.29-0.05-0.29-0.35-0.25-0.28-0.19
0.80.970.60.94-0.570.06-0.730.590.94-0.330.750.921.0-0.180.980.490.970.880.810.710.980.830.820.94-0.13
0.930.680.860.68-0.47-0.04-0.280.750.55-0.390.750.630.76-0.20.70.790.770.630.510.750.750.710.450.680.0
0.740.850.570.82-0.480.27-0.670.560.92-0.470.920.630.91-0.270.970.510.90.890.70.610.860.90.780.80.11
0.80.970.590.94-0.580.04-0.730.570.93-0.321.00.760.91-0.20.970.480.970.870.810.720.980.820.810.95-0.14
-0.32-0.2-0.38-0.230.25-0.13-0.17-0.14-0.130.44-0.18-0.2-0.27-0.2-0.28-0.5-0.12-0.35-0.240.06-0.11-0.25-0.01-0.22-0.33
0.80.940.620.9-0.510.15-0.690.620.94-0.390.980.70.970.97-0.280.540.940.930.80.650.940.870.820.9-0.01
0.850.410.970.37-0.110.170.070.850.26-0.620.490.790.510.48-0.50.540.460.650.340.450.430.550.280.40.37
0.790.90.570.9-0.60.15-0.750.530.92-0.260.970.770.90.97-0.120.940.460.810.680.80.950.890.710.88-0.04
0.790.860.720.79-0.320.23-0.560.740.8-0.430.880.630.890.87-0.350.930.650.810.770.540.830.760.790.820.1
0.560.920.430.9-0.54-0.36-0.480.540.79-0.290.810.510.70.81-0.240.80.340.680.770.230.860.460.810.92-0.51
0.720.550.560.53-0.30.37-0.610.430.59-0.050.710.750.610.720.060.650.450.80.540.230.640.70.460.520.23
0.760.980.550.97-0.65-0.08-0.690.590.91-0.290.980.750.860.98-0.110.940.430.950.830.860.640.770.780.97-0.29
0.750.70.610.7-0.480.39-0.570.520.78-0.350.830.710.90.82-0.250.870.550.890.760.460.70.770.50.660.3
0.570.830.390.75-0.27-0.07-0.660.530.84-0.250.820.450.780.81-0.010.820.280.710.790.810.460.780.50.79-0.28
0.710.990.510.98-0.63-0.19-0.650.540.87-0.280.940.680.80.95-0.220.90.40.880.820.920.520.970.660.79-0.38
0.13-0.330.27-0.370.380.820.120.06-0.17-0.19-0.130.00.11-0.14-0.33-0.010.37-0.040.1-0.510.23-0.290.3-0.28-0.38
Click cells to compare fundamentals

Vecima Networks Account Relationship Matchups

Vecima Networks fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets262.6M331.7M387.8M332.1M381.9M196.9M
Net Debt4.0M34.6M67.4M58.8M67.6M71.0M
Cash12.9M2.3M2.1M3.4M4.0M3.8M
Other Assets92.7M108.5M22.7M28.1M32.3M59.3M
Total Liab82.9M114.0M152.9M118.5M136.3M143.1M
Total Current Assets121.5M178.5M217.6M147.5M169.7M95.9M
Other Current Liab27.4M32.6M23.6M28.7M33.0M34.6M
Retained Earnings168.9M190.9M205.0M181.9M209.1M141.4M
Accounts Payable6.2M21.4M36.3M25.4M29.2M30.7M
Net Receivables51.7M60.9M72.8M26.8M30.8M28.4M
Inventory49.6M101.6M136.0M110.6M127.2M133.6M
Other Current Assets7.3M13.7M6.6M6.7M7.7M8.1M
Short Term Debt1.8M22.8M54.2M42.3M48.6M51.0M
Intangible Assets75.9M83.0M8.2M8.4M9.7M9.2M
Good Will14.8M15.0M15.3M16.9M19.5M20.4M
Common Stock7.9M24.0M24.1M24.2M27.8M29.2M
Other Liab1.5M2.8M4.8M5.1M5.9M6.2M
Net Tangible Assets143.2M143.4M150.5M191.0M219.6M168.2M
Long Term Debt15.1M12.9M11.8M16.1M18.5M19.4M
Short Long Term Debt1.8M22.8M53.0M41.0M47.1M49.5M
Long Term Debt Total15.1M14.1M15.4M19.9M22.9M24.1M
Today, most investors in Vecima Networks Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Vecima Networks' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Vecima Networks growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0788

At this time, Vecima Networks' Price Earnings To Growth Ratio is very stable compared to the past year.

Vecima Networks January 26, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Vecima Networks help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Vecima Networks. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vecima Networks based on widely used predictive technical indicators. In general, we focus on analyzing Vecima Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vecima Networks's daily price indicators and compare them against related drivers.

Other Information on Investing in Vecima Stock

Vecima Networks financial ratios help investors to determine whether Vecima Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vecima with respect to the benefits of owning Vecima Networks security.