Company Information

  

Address: 15635 ALTON PARKWAY, SUITE 250  
City: IRVINE 
State: CA 
Zip Code: 92618 
Telephone: 949-600-5600 

Description of Business

Primary SIC Code: 3663
(As filed with the SEC)  

We are a leading provider of Internet of Things (IoT) enablement solutions for a broad array of mobile and fixed applications serving multiple vertical markets worldwide. Our business was organized into two segments during fiscal 2017 - Wireless DataCom, comprising all of our current operations, and Satellite, a legacy business that we brought to a close effective August 31, 2016. Since September 1, 2016, our business operates under a single segment - Wireless DataCom. In March 2016, we acquired all outstanding common stock of LoJack Corporation ("LoJack"), a global leader in products and services for tracking and recovering cars, trucks and other valuable mobile assets. LoJack became a component of the Company's Wireless DataCom business segment.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
08/20170.13NA142.62
05/2017-0.21NAN/E
02/2017-0.20NAN/E
11/20160.05NA290.80
08/20160.19NA76.74
05/20160.28NA53.68
02/20160.46NA39.74
11/20150.49NA37.71

Key Financial Ratios and Statistics

FYE: 02/28

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.04Total Liab/Total Assets0.60
Net Inc/Total Assets-0.02Total Liab/Inv Cap0.74
Net Inc/Inv Cap-0.02Total Liab/Comm Equity1.16
Pretax Inc/Net Sales-0.02Interest Coverage Ratio0.17
Net Inc/Net Sales-0.02Curr Debt/EquityNA
Cash Flow/Net Sales0.07LTD/Equity0.90
SG&A/NetSales0.30Total Debt/Equity0.90
Asset Utilization   Liquidity  
Net Receivables Turnover6.01Quick Ratio2.28
Inventory Turnover9.03Current Ratio2.66
Inventory Day Sales0.02Net Rec/Curr Assets0.33
Net Sales/Work Cap2.72Inv/Curr Assets0.14
Net Sales/PP&E16.59  

Income Statement (Millions)

  8/31/2017 5/31/2017 2/28/2017 11/30/2016
Total Revenues(Net Sales) 89.77 88.08 86.13 83.35
Cost of Goods Sold 52.93 50.64 50.34 48.23
Selling & Admin Exps 23.27 29.08 30.74 24.17
Operating Income 3.13 -1.33 -3.54 1.79
Interest Exp 2.57 2.52 2.52 2.48
Pretax Income 16.31 -3.40 -5.40 -1.07
Other Income 15.74 0.45 0.66 -0.39
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 12.23 -2.65 -4.24 -1.53

Balance Sheet (Millions)

Assets 8/31/2017 5/31/2017 2/28/2017 11/30/2016
Cash & Short Term Investments 130.64 109.24 100.43 100.82
Receivables - Total 64.49 65.50 67.40 66.97
Inventories - Total 31.10 32.80 29.28 31.48
Total Current Assets 238.00 216.93 206.71 207.12
Net Property, Plant & Equipment 20.94 21.20 21.16 21.68
Total Assets 445.99 427.13 408.14 402.75
Liabilities        
Accounts Payable 41.47 39.30 38.22 44.37
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 87.51 84.76 77.84 73.99
Long-Term Debt 150.51 148.64 146.83 145.02
Total Liabilities 259.78 252.99 244.90 234.26
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.36 0.35 0.35 0.36
Retained Earnings -26.50 -38.73 -47.76 -43.52
Treasury Stock NA NA NA NA
Total Stockholders' Equity 186.21 174.15 163.24 168.49
Total Liabilities and Stockholders' Equity 445.99 427.13 408.14 402.75

Cash Flow Summary (Millions)

Categories 8/31/2017 5/31/2017 2/28/2017 11/30/2016
Net Cash Provided by Operating Activities 25.10 10.91 6.00 0.48
Net Cash Provided by Investing Activities -5.81 4.03 15.62 -6.35
Net Cash Provided by Financing Activities -2.15 -0.06 -3.12 -13.62

Annual Summary Data (Millions)

Year Sales Net Income EPS
02/2013180.5844.631.49
02/2014235.9011.800.33
02/2015250.6116.510.45
02/2016280.7216.940.46
02/2017351.10-7.90-0.20
Growth Rates18.08----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1715825,73572.29




Report Date : 12/11/2017

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