C-COM Reports Fiscal Year 2025 Results

About this update from C-com Satellite Systems Inc.

C-COM Reports Fiscal Year 2025 ResultsOttawa, Ontario--(Newsfile Corp. - March 24, 2026) - 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 fiscal year ended November 30, 2025.The Company reported revenues of $5,783,028 for fiscal 2025, compared to $7,886,850 in 2024, down 26%, reflecting ongoing shifts in the global satellite communications market.C-COM recorded a net loss of $407,550 for the year, compared to a net loss of $211,475 in 2024, primarily attributable to lower sales volumes.Despite softer revenues, the Company delivered improved gross margins of 49% in 2025, up from 47% in 2024, underscoring continued success in cost optimization and operational efficiency initiatives. Total expenses were reduced by approximately $0.9 million during the year, further strengthening the Company's financial position."C-COM remains well positioned to navigate the evolving satcom landscape, supported by a strong balance sheet and solid liquidity," said Dr. Leslie Klein, President and CEO of C-COM Satellite Systems Inc. "We are encouraged by increasing sales activity, particularly from the military sector, which reflects growing demand for reliable, high-performance satellite communication solutions.""The commercialization of our next-generation Ka-band flat panel multi-orbit antenna and our 8-channel beamformer integrated circuit (BFIC) remains our top strategic priority. Development of both technologies is nearing completion, representing a significant milestone for C-COM as we transition into the rapidly expanding electronically steered antenna (ESA) market," added Dr. Klein.Commercial production of the Company's ESA solutions and BFIC is expected to begin in the fourth quarter of 2026. These innovations are anticipated to open new revenue streams and position C-COM for sustainable long-term growth as global demand for advanced satellite connectivity continues to accelerate.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 b...

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