📊 CMBM Key Takeaways
Investment Thesis
Cambium Networks exhibits severe operational distress with negative operating and net margins, deteriorating revenue (-25.8% YoY), and persistent cash burn. The company is unprofitable with negative return metrics (ROE -103.7%, ROA -20.3%), and while it maintains adequate liquidity, it is operating at substantial losses that are unsustainable without significant operational restructuring.
CMBM Strengths
- Positive cash position of $46.5M provides near-term runway for operations
- Gross margin of 30.7% demonstrates underlying product profitability before overhead
- Current ratio of 1.10x shows the company can cover short-term obligations
CMBM Risks
- Revenue declined 25.8% YoY indicating severe market contraction or competitive pressures
- Operating losses of $41.1M and negative operating margin of -31.2% show core business is not viable at current scale
- Negative free cash flow of -$10.6M indicates cash burn despite positive cash position, reducing runway
- Debt-to-equity ratio of 1.55x with $67.6M long-term debt creates leverage burden during unprofitable period
- Negative interest coverage ratio of -11.5x means operating losses cannot service debt obligations
Key Metrics to Watch
- Quarterly revenue trajectory - need evidence of stabilization after 25.8% decline
- Path to operating profitability and operating margin expansion
- Free cash flow - critical to monitor burn rate against $46.5M cash balance
- Gross margin sustainability - verify 30.7% holds as company adjusts cost structure
- Debt refinancing needs - assess ability to service $67.6M debt if losses continue
CMBM Financial Metrics
💡 AI Analyst Insight
Cambium Networks Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CMBM Profitability Ratios
CMBM vs Default Sector
How Cambium Networks Corp compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CMBM Balance Sheet & Liquidity
CMBM 5-Year Financial Trend
5-Year Trend Summary: Cambium Networks Corp's revenue has grown significantly by 26% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.31 reflects profitable operations.
CMBM Growth Metrics (YoY)
CMBM Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2024 | $43.0M | -$9.7M | $-0.34 |
| Q2 2024 | $45.9M | $1.6M | $0.06 |
| Q1 2024 | $42.3M | $4.3M | $0.15 |
| Q3 2023 | $43.0M | $9.4M | $0.34 |
| Q2 2023 | $59.5M | $754.0K | $0.03 |
| Q1 2023 | $61.9M | -$1.6M | $-0.06 |
| Q3 2022 | $75.9M | $4.6M | $0.16 |
| Q2 2022 | $69.3M | $754.0K | $0.03 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CMBM Capital Allocation
CMBM SEC Filings
Access official SEC EDGAR filings for Cambium Networks Corp (CIK: 0001738177)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CMBM
What is the AI rating for CMBM?
Cambium Networks Corp (CMBM) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CMBM's key strengths?
Positive cash position of $46.5M provides near-term runway for operations. Gross margin of 30.7% demonstrates underlying product profitability before overhead.
What are the risks of investing in CMBM?
Revenue declined 25.8% YoY indicating severe market contraction or competitive pressures. Operating losses of $41.1M and negative operating margin of -31.2% show core business is not viable at current scale.
What is CMBM's revenue and growth?
Cambium Networks Corp reported revenue of $132.0M.
Does CMBM pay dividends?
Cambium Networks Corp does not currently pay dividends.
Where can I find CMBM SEC filings?
Official SEC filings for Cambium Networks Corp (CIK: 0001738177) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CMBM's EPS?
Cambium Networks Corp has a diluted EPS of $-1.62.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.