A company still losing money with shrinking sales. Institutions are trimming.
Watch out for
Losing money, losses are large next to sales
Debt above equity: 1.7x
Revenue down 44.3% from the year before
Money moves
No insider buying or selling in the last 30 days
Institutions cut 17% from their holdings in the quarter ending June 2026 (31 bought, 47 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.31+5.7% that day
Company value
$39M
Share price times all shares
Price vs sales
0.16x
No profit over the last year, so this compares value with sales instead
Cash vs value
89%
A big cushion: cash is a large part of what the company is worth
Debt vs value
283%
Owes more than the whole company is worth
From CMTL's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jul '26 (worked out from yearly totals)
$74.2M
Oct '23Tap a barJul '26
Last 12 months: $249.6M, down 17% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of CMTL. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$147M
Profit in 5 years$15M
Price these guesses point to$6.03+360% vs $1.31 todayAbout +36% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 34% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-159.8%
MissDebt under half of equityNot relying on borrowed money.1.70x equity
MissProfitable every yearSteady profits, not one good year.4 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$16.5M
MissShare count not growingNot diluting owners. Falling means buybacks.+10.9% in 3 years
Total debt
$111.7M
1.70x equity
Current ratio
1.69x
short-term assets / bills due
Free cash flow
-$16.5M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 31, 2026
Reported Oct 14After close4:38 pm ET
Revenue
$74.2M
-8.6% YoY
EPS
-$0.49
vs -$0.39
Op. margin
14.9%
+177.5 pts
Gross margin
16.0%
+27.7 pts
Free cash flow
$16.3M
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-16.5%
Institutions cut 16.5% from their holdings. 31 bought, 47 sold.
Shares held by institutions13.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+2.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
2.8x · $108.2M debt
Shares outstandingLatest reported
30M
Why high risk
Losing money
High debt: 2.78x equity
Bills due within a year exceed short-term assets
Revenue down 17% from the year before
1 offering filing in 6 months (may sell new shares)
Late annual report notice
Earnings reports
Last 12
Next reportAround Dec 10 (est.)Estimated from the same quarter last year
Results filedOct 14
Results filedJun 15
Results filedMar 16
Results filedDec 11, 2025
Results filedNov 10, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days