Communications Systems, Inc. (JCS) Income Statement Analysis

See more : Escon Japan REIT Investment Corporation (2971.T) Income Statement Analysis – Financial Results

Complete financial analysis of Communications Systems, Inc. (JCS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Communications Systems, Inc., a leading company in the Communication Equipment industry within the Technology sector.

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Communications Systems, Inc. (JCS)

Industry: Communication Equipment

Sector: Technology

Website: https://www.commsystems.com

About Communications Systems, Inc.

Communications Systems, Inc., through its subsidiaries, provides technology solutions and infrastructure in the commercial, healthcare, financial, and education market segments. The company's technology solutions portfolio includes IT managed service, security products and services, cloud migrations, network virtualization and resiliency, wired and wireless network design and implementation, and converged infrastructure configuration, deployment, and management, as well as software-designed wide-area network. Communications Systems, Inc. was founded in 1969 and is headquartered in Minnetonka, Minnesota.

Metric	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985
Revenue	7.01M	42.58M	50.91M	65.76M	82.32M	99.35M	107.67M	119.07M	131.32M	104.25M	143.78M	120.07M	109.79M	122.70M	121.24M	115.44M	109.71M	110.78M	102.41M	107.30M	95.11M	119.72M	116.90M	71.20M	75.70M	68.70M	85.60M	74.40M	60.60M	54.80M	37.90M	33.50M	29.30M	39.30M	38.00M	35.90M	33.70M
Cost of Revenue	4.58M	25.37M	28.72M	44.46M	61.49M	72.77M	76.12M	76.91M	86.42M	62.75M	84.88M	68.87M	67.94M	76.01M	78.36M	76.85M	72.84M	74.30M	72.95M	78.75M	69.60M	77.26M	71.90M	47.10M	49.80M	45.40M	61.90M	53.90M	41.10M	36.90M	25.80M	22.40M	21.20M	26.60M	25.80M	23.40M	21.00M
Gross Profit	2.43M	17.21M	22.19M	21.31M	20.84M	26.58M	31.55M	42.16M	44.90M	41.50M	58.90M	51.20M	41.85M	46.69M	42.89M	38.59M	36.87M	36.48M	29.46M	28.55M	25.50M	42.46M	45.00M	24.10M	25.90M	23.30M	23.70M	20.50M	19.50M	17.90M	12.10M	11.10M	8.10M	12.70M	12.20M	12.50M	12.70M
Gross Profit Ratio	34.72%	40.41%	43.58%	32.40%	25.31%	26.75%	29.30%	35.41%	34.19%	39.81%	40.96%	42.64%	38.12%	38.05%	35.37%	33.43%	33.61%	32.93%	28.77%	26.61%	26.82%	35.47%	38.49%	33.85%	34.21%	33.92%	27.69%	27.55%	32.18%	32.66%	31.93%	33.13%	27.65%	32.32%	32.11%	34.82%	37.69%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	19.22M	22.18M	27.50M	0.00	31.04M	42.05M	38.63M	36.74M	38.10M	40.11M	35.59M	31.43M	33.11M	32.62M	33.56M	30.06M	29.12M	25.44M	24.61M	24.69M	29.43M	28.90M	12.40M	10.90M	10.60M	10.80M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	28.70M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	7.13M	19.22M	22.18M	27.50M	28.70M	31.04M	42.05M	38.63M	36.74M	38.10M	40.11M	35.59M	31.43M	33.11M	32.62M	33.56M	30.06M	29.12M	25.44M	24.61M	24.69M	29.43M	28.90M	12.40M	10.90M	10.60M	10.80M	10.30M	10.20M	9.60M	6.10M	6.10M	4.90M	7.90M	7.80M	8.50M	7.90M
Other Expenses	0.00	684.86K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.10M	4.80M	3.10M	2.50M	2.30M	2.50M	2.10M	1.80M	1.70M	1.50M	1.30M	1.20M	2.20M	1.90M	1.90M	1.80M
Operating Expenses	7.13M	19.90M	22.18M	27.50M	28.70M	31.04M	42.05M	38.63M	36.74M	38.10M	40.11M	35.59M	31.43M	36.11M	32.62M	33.56M	30.06M	29.12M	25.44M	24.61M	24.69M	34.53M	33.70M	15.50M	13.40M	12.90M	13.30M	12.40M	12.00M	11.30M	7.60M	7.40M	6.10M	10.10M	9.70M	10.40M	9.70M
Cost & Expenses	11.70M	45.27M	50.90M	71.96M	90.19M	103.81M	118.18M	115.54M	123.16M	100.85M	124.99M	104.46M	99.38M	112.12M	110.98M	110.41M	102.90M	103.42M	98.39M	103.36M	94.29M	111.79M	105.60M	62.60M	63.20M	58.30M	75.20M	66.30M	53.10M	48.20M	33.40M	29.80M	27.30M	36.70M	35.50M	33.80M	30.70M
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	238.32K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	-8.02K	28.51K	38.44K	38.36K	71.43K	119.63K	120.44K	79.84K	106.10K	136.26K	181.39K	221.61K	269.15K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	9.74K	962.31K	1.03M	2.21M	3.19M	3.68M	3.31M	2.48M	2.18M	2.13M	2.10M	1.86M	1.70M	1.87M	2.16M	2.35M	1.92M	2.27M	2.46M	2.63M	5.02M	5.10M	4.80M	3.10M	2.50M	2.30M	2.50M	2.10M	1.80M	1.70M	1.50M	1.30M	1.20M	2.20M	1.90M	1.90M	1.80M
EBITDA	-8.16M	-784.51K	7.53M	-4.13M	-8.60M	-4.05M	-6.97M	5.74M	3.39M	5.67M	19.90M	17.72M	12.77M	13.05M	14.18M	8.08M	8.12M	9.80M	6.80M	6.88M	5.98M	13.04M	16.20M	13.00M	16.60M	12.90M	13.90M	10.60M	9.90M	9.10M	6.90M	4.90M	2.20M	5.30M	4.70M	4.30M	5.30M
EBITDA Ratio	-116.43%	-1.84%	14.78%	-6.29%	-10.45%	-4.08%	-6.47%	4.82%	2.58%	5.44%	13.84%	14.75%	11.63%	10.63%	11.70%	7.00%	7.40%	8.85%	6.64%	6.41%	6.29%	10.89%	13.86%	18.26%	21.93%	18.78%	16.24%	14.25%	16.34%	16.61%	18.21%	14.63%	7.51%	13.49%	12.37%	11.98%	15.73%
Operating Income	-8.17M	-2.70M	9.21K	-6.56M	-11.76M	-4.46M	-10.51M	3.29M	1.16M	3.40M	17.51M	15.61M	10.22M	10.58M	10.26M	5.03M	6.81M	7.36M	4.02M	3.94M	812.45K	7.93M	11.30M	8.60M	12.50M	10.40M	10.40M	8.10M	7.50M	6.60M	4.50M	3.70M	2.00M	2.60M	2.50M	2.10M	3.00M
Operating Income Ratio	-116.57%	-6.34%	0.02%	-9.97%	-14.29%	-4.49%	-9.76%	2.77%	0.88%	3.26%	12.18%	13.00%	9.31%	8.63%	8.46%	4.35%	6.20%	6.65%	3.93%	3.67%	0.85%	6.63%	9.67%	12.08%	16.51%	15.14%	12.15%	10.89%	12.38%	12.04%	11.87%	11.04%	6.83%	6.62%	6.58%	5.85%	8.90%
Total Other Income/Expenses	17.76K	922.02K	226.14K	171.65K	-95.31K	-3.40M	104.15K	-111.69K	-53.24K	1.56K	105.07K	20.15K	580.81K	597.71K	1.76M	697.70K	438.49K	166.97K	315.31K	-45.05K	224.80K	338.81K	300.00K	1.30M	1.60M	900.00K	1.00M	400.00K	600.00K	300.00K	900.00K	300.00K	400.00K	500.00K	300.00K	200.00K	0.00
Income Before Tax	-8.15M	-1.78M	235.35K	-6.39M	-11.86M	-7.86M	-10.40M	3.18M	1.10M	3.40M	17.62M	15.63M	10.80M	11.18M	12.02M	5.72M	7.24M	7.53M	4.34M	3.89M	1.04M	8.27M	11.60M	9.90M	14.10M	11.30M	11.40M	8.50M	8.10M	6.90M	5.40M	4.00M	2.40M	3.10M	2.80M	2.30M	3.00M
Income Before Tax Ratio	-116.32%	-4.17%	0.46%	-9.71%	-14.41%	-7.91%	-9.66%	2.67%	0.84%	3.26%	12.26%	13.02%	9.84%	9.11%	9.92%	4.96%	6.60%	6.80%	4.23%	3.63%	1.09%	6.91%	9.92%	13.90%	18.63%	16.45%	13.32%	11.42%	13.37%	12.59%	14.25%	11.94%	8.19%	7.89%	7.37%	6.41%	8.90%
Income Tax Expense	-11.13M	20.34K	-15.27K	405.27K	-34.50K	256.95K	-753.42K	1.22M	2.06M	1.16M	7.82M	5.92M	4.76M	4.57M	4.51M	1.23M	1.73M	2.77M	1.62M	1.56M	325.00K	1.60M	2.60M	2.00M	3.20M	2.30M	2.30M	1.70M	1.40M	1.40M	1.10M	800.00K	500.00K	800.00K	600.00K	300.00K	400.00K
Net Income	2.97M	-1.80M	6.47M	-6.79M	-11.83M	-8.11M	-9.65M	1.96M	-957.89K	2.24M	9.80M	9.72M	6.04M	6.61M	7.51M	4.50M	4.47M	4.76M	2.72M	2.69M	639.44K	6.34M	8.80M	7.90M	10.90M	8.30M	9.10M	6.80M	6.70M	6.00M	4.30M	2.80M	500.00K	2.30M	2.20M	2.10M	3.10M
Net Income Ratio	42.42%	-4.22%	12.71%	-10.33%	-14.36%	-8.17%	-8.96%	1.65%	-0.73%	2.15%	6.81%	8.09%	5.50%	5.39%	6.19%	3.89%	4.07%	4.30%	2.65%	2.51%	0.67%	5.29%	7.53%	11.10%	14.40%	12.08%	10.63%	9.14%	11.06%	10.95%	11.35%	8.36%	1.71%	5.85%	5.79%	5.85%	9.20%
EPS	1.23	-0.77	2.77	-2.98	-5.29	-3.67	-4.43	0.91	-0.45	1.05	4.64	4.64	2.90	3.10	3.43	2.06	2.08	2.31	1.33	1.31	0.31	2.90	4.07	3.50	4.72	3.55	3.95	3.00	3.04	2.68	1.96	1.28	0.24	1.04	0.88	0.84	1.20
EPS Diluted	1.23	-0.77	2.77	-2.98	-5.29	-3.67	-4.43	0.91	-0.45	1.05	4.61	4.62	2.89	3.09	3.40	2.04	2.05	2.29	1.33	1.31	0.31	2.86	4.03	3.48	4.68	3.50	3.95	3.00	3.00	2.68	1.96	1.28	0.24	1.04	0.88	0.84	1.20
Weighted Avg Shares Out	2.42M	2.33M	2.33M	2.28M	2.24M	2.21M	2.18M	2.16M	2.13M	2.13M	2.11M	2.10M	2.08M	2.13M	2.19M	2.18M	2.14M	2.07M	2.04M	2.06M	2.09M	2.19M	2.16M	2.26M	2.31M	2.34M	2.30M	2.27M	2.20M	2.24M	2.19M	2.19M	2.08M	2.21M	2.50M	2.50M	2.58M
Weighted Avg Shares Out (Dil)	2.42M	2.33M	2.33M	2.28M	2.24M	2.21M	2.18M	2.16M	2.13M	2.13M	2.12M	2.10M	2.09M	2.14M	2.21M	2.20M	2.18M	2.08M	2.05M	2.06M	2.09M	2.22M	2.18M	2.27M	2.33M	2.37M	2.30M	2.27M	2.23M	2.24M	2.19M	2.19M	2.08M	2.21M	2.50M	2.50M	2.58M

Communications Systems, Inc. Announces Agreement to Merge with Pineapple Energy, LLC

March 2, 2021businesswire.com

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it entered into a definitive merger agreement with privately held Pineapple Energy, LLC (“Pineapple”), a growing U.S. operator...

Communications Systems' Subsidiary, Ecessa Corporation, Announces 2021 Product and Services Roadmap

January 6, 2021businesswire.com

MINNEAPOLIS--(BUSINESS WIRE)--Ecessa Corporation, a subsidiary of Communications Systems, Inc. (NASDAQ: JCS) ("CSI" or the "Company"), an IoT intelligent edge products and services company, today announced plans for significant enhancements to its line of secure access service edge (SASE) products and...

Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer

December 1, 2020businesswire.com

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it has appointed Anita Kumar as its Chief Executive Officer, effective immediately. Ms. Kumar will also join CSI's...

Communications Systems, Inc. Reports Third Quarter 2020 Financial Results

October 30, 2020businesswire.com

MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), a global IoT intelligent edge products and services company, today announced financial results for the third quarter (“Q3”) ended September 30, 2020, including a discussion of results of operations...

Ritholtz Wealth Management Takes Position in Communications Systems, Inc. (NASDAQ:JCS)

July 17, 2020thelincolnianonline.com

Ritholtz Wealth Management acquired a new stake in Communications Systems, Inc. (NASDAQ:JCS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,068 shares of the communications equipment provider’s stock, valued...