OPTICAL CABLE CORP OCC
Optical Cable Corporation was incorporated in the Commonwealth of Virginia in 1983. We are headquartered at 5290 Concourse Drive, Roanoke, Virginia 24019 and our telephone number is (540) 265-0690. Optical Cable Corporation, together with our wholly owned subsidiaries, including Applied Optical Systems, Inc. ("AOS"), has offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas.
Optical Cable Corporation and its subsidiaries (collectively, the "Company" or "OCC®") is a leading manufacturer of a broad range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market and various harsh environment and specialty markets (collectively, the non-carrier markets), and also the wireless carrier market, offering integrated suites of high quality products which operate as a system solution or seamlessly integrate with other components.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $73.0M | $66.7M | $72.2M | $69.1M | $59.1M | $55.3M | $71.3M | $87.8M | $64.1M | $64.6M |
| Cost of revenue | $50.4M | $48.5M | $49.9M | $48.6M | $42.9M | $41.2M | $53.0M | $60.0M | $43.3M | $44.9M |
| Gross profit | $22.6M | $18.2M | $22.3M | $20.5M | $16.3M | $14.1M | $18.3M | $27.9M | $20.8M | $19.7M |
| SG&A | $23.0M | $21.5M | $21.2M | $20.0M | $18.2M | $19.2M | $23.4M | $26.1M | $22.0M | $20.8M |
| Operating income | -$450.3K | -$3.4M | $993.1K | $472.9K | -$2.0M | -$5.5M | -$5.2M | $1.7M | -$1.3M | -$1.2M |
| Interest expense | $1.0M | $1.2M | $1.2M | $768.3K | $690.4K | $569.8K | $521.1K | $608.4K | $523.0K | $620.8K |
| Pre-tax income | -$1.4M | -$4.2M | $2.2M | -$322.4K | $6.6M | -$6.1M | -$5.7M | $1.1M | -$1.7M | -$1.8M |
| Income tax | $30.3K | $20.7K | $145.7K | $24.7K | $19.9K | $18.0K | $5.8K | $16.7K | $5.4K | $5.9K |
| Net income | -$1.5M | -$4.2M | $2.1M | -$347.1K | $6.6M | -$6.1M | -$5.7M | $1.1M | -$1.7M | -$1.8M |
| EPS, basic | -0.18 | -0.54 | 0.26 | -0.05 | 0.87 | -0.83 | — | — | — | — |
| EPS, diluted | — | — | — | — | 0.87 | -0.83 | -0.77 | 0.14 | -0.27 | -0.28 |
| Shares, diluted (wtd. avg.) | $8.0M | $7.7M | $7.9M | $7.5M | $7.6M | $7.4M | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $237.5K | $244.2K | $1.5M | $215.9K | $132.2K | $140.8K | $537.3K | $177.4K | $891.2K | $1.9M |
| Receivables | $10.3M | $10.9M | $8.7M | $11.0M | $8.4M | $7.6M | $10.3M | $12.8M | $8.9M | $8.9M |
| Inventory | $19.8M | $18.7M | $23.8M | $19.4M | $16.3M | $17.1M | $18.1M | $17.5M | $16.8M | $15.0M |
| Total current assets | $30.8M | $30.6M | $35.0M | $31.2M | $27.6M | $25.3M | $29.4M | $31.0M | $27.1M | $26.3M |
| Property, plant and equipment | $6.6M | $6.9M | $7.1M | $7.4M | $7.9M | $8.8M | $10.0M | $11.2M | $12.2M | $13.4M |
| Other intangibles | $481.2K | $514.0K | $566.2K | $618.1K | $646.9K | $665.7K | $659.3K | $635.0K | $624.3K | $575.0K |
| Total assets | $40.1M | $40.4M | $43.9M | $40.6M | $37.9M | $36.6M | $40.1M | $43.1M | $40.1M | $40.7M |
| Accounts payable | $6.8M | $5.2M | $5.8M | $5.4M | $4.3M | $2.9M | $5.5M | $3.3M | $2.6M | $2.6M |
| Short-term debt | — | — | $52.6K | $338.1K | $324.8K | $312.1K | $739.0K | $261.0K | $250.7K | $294.2K |
| Total current liabilities | $16.9M | $15.1M | $19.1M | $14.5M | $6.2M | $6.3M | $13.6M | $7.0M | $4.2M | $4.1M |
| Long-term debt | — | — | $2.6M | $4.2M | $4.5M | $4.9M | $5.2M | $6.2M | $6.4M | $6.7M |
| Total liabilities | $18.5M | $19.5M | $19.2M | $18.4M | $15.7M | $21.3M | $18.9M | $16.3M | $16.4M | $15.9M |
| Retained earnings | $763.2K | $5.4M | $9.6M | $7.5M | $7.9M | $1.3M | $7.4M | $13.0M | $11.9M | $13.7M |
| Total equity | $16.5M | $20.8M | $24.7M | $22.2M | $22.2M | $15.3M | $21.2M | $26.8M | $23.7M | $24.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.4M | -$857.0K | -$395.7K | -$1.6M | $2.1M | -$3.6M | -$283.8K | $3.2M | -$687.1K | $3.2M |
| Depreciation and amortisation | $804.5K | $865.9K | $946.5K | $1.1M | $1.2M | $1.4M | $1.7M | $1.8M | $1.7M | $2.1M |
| Stock-based compensation | $386.6K | $443.2K | $611.5K | $412.0K | $335.5K | $142.2K | $980.5K | $2.2M | $787.1K | $800.5K |
| Capital expenditure | $295.5K | $369.6K | $520.8K | $279.8K | $166.2K | $120.0K | $487.6K | $688.9K | $508.9K | $635.2K |
| Investing cash flow | -$317.2K | -$67.1K | $1.4M | -$292.5K | -$192.9K | -$168.5K | -$550.4K | -$734.4K | -$583.9K | -$676.3K |
| Financing cash flow | -$1.1M | -$300.3K | $219.8K | $2.0M | -$1.9M | $3.3M | $1.2M | -$3.2M | $283.0K | -$1.7M |
| Dividends paid | — | — | — | — | — | — | — | — | — | $141.3K |
| Buybacks | — | — | — | — | $0 | $0 | $1.6K | $1.6K | $18.1K | $40.1K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-25-038228.
Others in SIC 3357
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| GLW | CORNING INC /NY | $132.80B | 84.3x | 19.1% |
| BDC | BELDEN INC. | $4.78B | 20.7x | 10.3% |
| APWC | ASIA PACIFIC WIRE & CABLE CORP LTD | — | — | — |