C-COM Reports Second Quarter 2025 Results
C-COM Satellite Systems (OTCQB: CYSNF) reported its Q2 2025 financial results, with sales of $1.6 million, down $1.0 million compared to Q2 2024. The company achieved a 55% gross margin in Q2, recovering from 44% in Q1 2025, while reducing total expenses by $0.3 million year-over-year.
Despite cost reductions, C-COM recorded a net loss of $90,860. The company faces challenges from U.S. tariffs and competition from SpaceX's LEO satellite network. However, C-COM sees opportunities in military markets and plans to showcase its products at the MSPO trade show in Poland. The company expects to complete testing and manufacturing of Ka-band ESA multi-orbit antennas by Q4 2025.
C-COM Satellite Systems (OTCQB: CYSNF) ha comunicato i risultati finanziari del secondo trimestre 2025, con vendite pari a 1,6 milioni di dollari, in calo di 1,0 milione rispetto al secondo trimestre 2024. L'azienda ha raggiunto un margine lordo del 55% nel Q2, migliorando rispetto al 44% del primo trimestre 2025, riducendo inoltre le spese totali di 0,3 milioni di dollari su base annua.
Nonostante la riduzione dei costi, C-COM ha registrato una perdita netta di 90.860 dollari. L'azienda deve affrontare sfide derivanti dai dazi USA e dalla concorrenza della rete satellitare LEO di SpaceX. Tuttavia, C-COM intravede opportunit脿 nei mercati militari e prevede di presentare i propri prodotti alla fiera MSPO in Polonia. L'azienda si aspetta di completare i test e la produzione delle antenne ESA multi-orbita in banda Ka entro il quarto trimestre 2025.
C-COM Satellite Systems (OTCQB: CYSNF) report贸 sus resultados financieros del segundo trimestre de 2025, con ventas de 1,6 millones de d贸lares, una disminuci贸n de 1,0 mill贸n en comparaci贸n con el segundo trimestre de 2024. La compa帽铆a logr贸 un margen bruto del 55% en el Q2, recuper谩ndose del 44% en el primer trimestre de 2025, mientras reduc铆a los gastos totales en 0,3 millones de d贸lares a帽o tras a帽o.
A pesar de la reducci贸n de costos, C-COM registr贸 una p茅rdida neta de 90,860 d贸lares. La empresa enfrenta desaf铆os debido a los aranceles de EE.UU. y la competencia de la red satelital LEO de SpaceX. Sin embargo, C-COM ve oportunidades en los mercados militares y planea mostrar sus productos en la feria MSPO en Polonia. La compa帽铆a espera completar las pruebas y la fabricaci贸n de antenas multi-贸rbita ESA en banda Ka para el cuarto trimestre de 2025.
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C-COM Satellite Systems (OTCQB : CYSNF) a publi茅 ses r茅sultats financiers du deuxi猫me trimestre 2025, avec un chiffre d'affaires de 1,6 million de dollars, en baisse de 1,0 million par rapport au deuxi猫me trimestre 2024. La soci茅t茅 a r茅alis茅 une marge brute de 55% au T2, en progression par rapport 脿 44% au T1 2025, tout en r茅duisant les d茅penses totales de 0,3 million de dollars d'une ann茅e sur l'autre.
Malgr茅 ces r茅ductions de co没ts, C-COM a enregistr茅 une perte nette de 90 860 dollars. L'entreprise fait face 脿 des d茅fis li茅s aux tarifs am茅ricains et 脿 la concurrence du r茅seau satellitaire LEO de SpaceX. Cependant, C-COM entrevoit des opportunit茅s sur les march茅s militaires et pr茅voit de pr茅senter ses produits au salon MSPO en Pologne. La soci茅t茅 pr茅voit de terminer les tests et la fabrication des antennes multi-orbitale ESA en bande Ka d'ici le quatri猫me trimestre 2025.
C-COM Satellite Systems (OTCQB: CYSNF) meldete seine Finanzergebnisse f眉r das zweite Quartal 2025 mit einem Umsatz von 1,6 Millionen US-Dollar, was einem R眉ckgang von 1,0 Million gegen眉ber dem zweiten Quartal 2024 entspricht. Das Unternehmen erzielte im Q2 eine Bruttomarge von 55% und erholte sich damit von 44% im ersten Quartal 2025, w盲hrend die Gesamtausgaben im Jahresvergleich um 0,3 Millionen US-Dollar gesenkt wurden.
Trotz Kostensenkungen verzeichnete C-COM einen Nettoverlust von 90.860 US-Dollar. Das Unternehmen steht vor Herausforderungen durch US-Z枚lle und die Konkurrenz durch das LEO-Satellitennetzwerk von SpaceX. Dennoch sieht C-COM Chancen im Milit盲rmarkt und plant, seine Produkte auf der MSPO-Messe in Polen zu pr盲sentieren. Das Unternehmen erwartet, die Tests und die Herstellung von Ka-Band ESA Multi-Orbit-Antennen bis zum vierten Quartal 2025 abzuschlie脽en.
- Gross margin improved to 55% from 44% in Q1 2025
- Total expenses reduced by $0.3 million year-over-year
- Increasing military market opportunities and inquiries
- On track for Ka-band ESA multi-orbit antennas completion by Q4 2025
- Q2 2025 sales declined by $1.0 million year-over-year
- Reported net loss of $90,860
- Facing headwinds from U.S. tariffs
- Increased competition from SpaceX's LEO satellite network
Ottawa, Ontario--(Newsfile Corp. - July 16, 2025) - C-COM Satellite Systems Inc., (TSXV: CMI) (OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its second quarter of its 2025 fiscal year.
The Company's Q2 2025 sales of
Q2 2025's gross margin of
Total expenses for Q2 2025 were reduced by
"Increased global investment in military capabilities bodes well for our sales prospects. We are starting to see increased inquiries and orders from military customers around the world," said Dr. Leslie Klein, President and CEO of C-COM Satellite Systems Inc.
Klein added, "In order to take advantage of this opportunity, C-COM's rugged antenna systems will be exhibited at the MSPO trade show this fall in Poland. The MSPO International Defense Industry Exhibition is one of Europe's key platforms for global military collaboration. This gathering will be an ideal place to show our Manpack series antennas as well as our new Ka-Band 1K LEO ESA antenna that is suitable for drone guidance and related mobile communications."
"We are on track to have our testing and manufacturing of our Ka-band ESA multi-orbit antennas completed by the end of our fourth quarter as well as have the first batch of the 8-Chanel Analog Beamformer Integrated Circuits tested and ready for commercialization", concluded Dr. Klein.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a pioneer and a leading global designer, developer, and manufacturer of transportable and mobile satellite-based antenna systems. The Company has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling Broadband Internet via Satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies.
C-COM has sold more than 11,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as Oil and Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Education, Government Services, Mobile Banking, and others. The Company's iNetVu® brand is synonymous with high quality, reliability, and cost-effectiveness.
C-COM is in the final stages of satellite testing and manufacturing of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat panel phased array antenna. C-COM has developed this unique multi-orbit antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals over LEO, MEO and GEO satellite constellations. Another significant project underway at C-COM is the development of an Analog Beamforming Integrated Circuit, which is progressing well and is now in a testing phase. These BFICs will be used in the manufacturing of all our ESA antennas with the intent to significantly reduce their cost and improve their performance and will also be made available for sale.
For additional information, please visit
iNetVu® is a registered trademark of C-COM Satellite Systems Inc.
The Company is publicly traded on the Canadian Venture Exchange (TSXV: CMI) and on the US OTC Exchange (OTCQB: CYSNF).
INVESTOR RELATIONS
C-COM Satellite Systems Inc.
Tel: (613) 745-4110 ext. 4950
Fax: (613) 745-7144
[email protected]
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking statements. These statements relate to future events or future performance and reflect management's current expectations and assumptions. Statements about C-COM's expectations for future results, its intention to continue testing and launch a new product using the funding described, the size of the potential market, C-COM's expectations of being able to capitalize on the market and the expectation that investment in R&D will generate returns to the company all contain forward-looking information. Several factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Product testing may be delayed, may not have positive results or may result in necessary changes to the product design. Product development and launch may be postponed, delayed or, in the worst case, cancelled for many reasons outside C-COM's control, anticipated benefits of the new technology may not be realized, new products and services may not be released or, if released may not gain market acceptance and factors outside of C-COM's control may cause it to focus of its efforts and investments differently than described above. Any of those events and others could influence future performance and C-COM Satellite Systems Inc.'s ability to achieve the results mentioned above. These forward-looking statements are made as of the date hereof and C-COM Satellite Systems Inc. does not assume any obligation to update or revise them to reflect new events or circumstances. Readers are directed to the risk factors associated with the business of C-COM Satellite Systems in the company's most recent MD&A available at .
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