Technical Communications Corporation (TCCO) |
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Technical Communications's Customers Performance
TCCO
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TCCO's Source of Revenues |
Technical Communications's Corporate Customers have recorded an advance in their cost of revenue by 7.94 % in the 2 quarter 2023 year on year, sequentially costs of revenue grew by 7.2 %. During the corresponding time, Technical Communications Corporation revenue deteriorated by -76.06 % year on year, sequentially revenue grew by 25.87 %. While revenue at the Technical Communications Corporation's corporate clients recorded rose by 6.81 % year on year, sequentially revenue grew by 7.07 %.
• List of TCCO Customers
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Technical Communications's Customers have recorded an advance in their cost of revenue by 7.94 % in the 2 quarter 2023 year on year, sequentially costs of revenue grew by 7.2 %, for the same period Technical Communications Corporation revnue deteriorated by -76.06 % year on year, sequentially revenue grew by 25.87 %.
• List of TCCO Customers
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Customers Net Income grew in Q2 by |
Customers Net margin grew to |
59.5 % |
6.89 % |
Technical Communications's Comment on Sales, Marketing and Customers
The Company had two customers representing 91% of total net sales. These sales
consisted primarily of our engineering services representing 29% of net sales
and shipments of our narrowband radio encryptors to a domestic customer for deployment
into Afghanistan representing 61% of net sales.
The Company sells directly to customers, original equipment manufacturers and
value-added resellers using its in-house sales force as well as domestic and
international representatives, consultants and distributors. International sales
are made primarily through our main office. We seldom have long-term contractual
relationships with our customers and, therefore, generally have no assurance
of a continuing relationship within a given market.
Orders for our products are usually placed by customers on an as-needed basis
and we typically ship products within 30 to 180 days of receipt of a customers
firm purchase order. Our backlog consists of all orders received where the anticipated
shipping date is within 12 months of the order date. Because of the possibility
of customer changes in delivery schedules or the cancellation of orders, our
backlog as of any particular date may not be indicative of sales in any future
period.
The Company expects that sales to a relatively small number of customers will
continue to account for a high percentage of the Company’s revenues for
the foreseeable future. A reduction in orders from any such customer, or the
cancellation of any significant order and failure to replace such order with
orders from other customers, would have a material adverse effect on the Company’s
financial condition and results of operations.
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Technical Communications's Comment on Sales, Marketing and Customers
The Company had two customers representing 91% of total net sales. These sales
consisted primarily of our engineering services representing 29% of net sales
and shipments of our narrowband radio encryptors to a domestic customer for deployment
into Afghanistan representing 61% of net sales.
The Company sells directly to customers, original equipment manufacturers and
value-added resellers using its in-house sales force as well as domestic and
international representatives, consultants and distributors. International sales
are made primarily through our main office. We seldom have long-term contractual
relationships with our customers and, therefore, generally have no assurance
of a continuing relationship within a given market.
Orders for our products are usually placed by customers on an as-needed basis
and we typically ship products within 30 to 180 days of receipt of a customers
firm purchase order. Our backlog consists of all orders received where the anticipated
shipping date is within 12 months of the order date. Because of the possibility
of customer changes in delivery schedules or the cancellation of orders, our
backlog as of any particular date may not be indicative of sales in any future
period.
The Company expects that sales to a relatively small number of customers will
continue to account for a high percentage of the Company’s revenues for
the foreseeable future. A reduction in orders from any such customer, or the
cancellation of any significant order and failure to replace such order with
orders from other customers, would have a material adverse effect on the Company’s
financial condition and results of operations.
TCCO's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Technical Communications Corporation |
0.65 |
0.35 |
-2.30 |
23 |
Ball Corp |
21,070.50 |
14,029.00 |
711.00 |
24,300 |
Boeing Co |
116,845.72 |
77,794.00 |
-2,242.00 |
142,000 |
Crane Company |
7,770.73 |
2,165.70 |
412.40 |
0 |
Eaton Corporation Plc |
125,461.88 |
23,196.00 |
3,223.00 |
85,947 |
General Dynamics Corporation |
77,908.02 |
42,272.00 |
3,315.00 |
103,100 |
Honeywell International Inc |
137,107.97 |
36,662.00 |
5,672.00 |
99,000 |
Lockheed Martin Corporation |
114,254.10 |
67,571.00 |
6,920.00 |
114,000 |
Northrop Grumman Corp |
72,736.51 |
39,290.00 |
2,056.00 |
88,000 |
Piedmont Lithium Inc |
230.19 |
0.00 |
-21.78 |
10,400 |
Parker hannifin Corporation |
72,460.03 |
19,826.04 |
2,633.17 |
55,090 |
Textron Inc |
19,375.34 |
13,683.00 |
921.00 |
33,000 |
Rtx Corporation |
137,628.57 |
68,920.00 |
3,380.00 |
174,000 |
Flir Systems Inc |
7,603.05 |
1,940.08 |
235.97 |
4,265 |
General Electric Company |
192,873.04 |
67,954.00 |
9,443.00 |
168,000 |
Sai tech Global Corporation |
21.53 |
10.64 |
-8.85 |
0 |
Science Applications International Corporation |
7,004.06 |
7,704.00 |
303.00 |
13,000 |
Leidos Holdings Inc |
18,115.91 |
15,438.00 |
208.00 |
43,000 |
Huntington Ingalls Industries Inc |
11,628.07 |
11,454.00 |
681.00 |
44,000 |
Air Industries Group |
16.07 |
51.94 |
-3.21 |
379 |
Astronics Corporation |
605.73 |
650.67 |
-40.18 |
2,000 |
Aerovironment Inc |
4,064.01 |
577.99 |
32.43 |
663 |
Cpi Aerostructures Inc |
29.04 |
85.41 |
9.27 |
0 |
Heico Corporation |
26,646.82 |
3,243.55 |
466.86 |
3,500 |
Ducommun Incorporated |
691.61 |
756.19 |
15.93 |
3,150 |
Passur Aerospace Inc. |
0.08 |
5.83 |
-3.22 |
37 |
Tat Technologies Ltd |
109.55 |
113.79 |
4.67 |
507 |
Sigma Additive Solutions Inc |
44.71 |
0.57 |
-7.30 |
0 |
Sifco Industries Inc |
18.94 |
85.97 |
-9.53 |
465 |
Transdigm Group Incorporated |
70,573.45 |
6,977.00 |
1,452.00 |
14,400 |
Oshkosh Corporation |
7,926.10 |
9,393.90 |
522.30 |
13,300 |
Abb Ltd |
87,039.54 |
32,235.00 |
3,824.00 |
0 |
Bel Fuse Inc |
776.96 |
638.85 |
73.83 |
8,955 |
Capstone Companies Inc |
0.54 |
27.81 |
-2.43 |
7 |
Energy Focus Inc |
4.45 |
5.72 |
-4.29 |
122 |
Hubbell Inc |
22,352.18 |
5,372.10 |
766.00 |
16,200 |
Lsi Industries Inc |
443.43 |
472.23 |
27.02 |
1,292 |
American Superconductor Corp |
375.29 |
125.37 |
-19.11 |
354 |
Proto Labs Inc |
896.48 |
502.99 |
17.22 |
1,700 |
Inpixon |
3.47 |
12.25 |
-38.16 |
0 |
Iec Electronics Corp |
169.49 |
188.66 |
4.14 |
565 |
Plexus Corp |
2,547.50 |
4,098.50 |
126.12 |
16,000 |
Powell Industries Inc |
1,708.38 |
764.89 |
77.45 |
1,841 |
Viavi Solutions Inc |
2,116.55 |
1,006.40 |
-29.10 |
3,500 |
Iteris inc |
210.60 |
170.06 |
2.49 |
0 |
Clearday Inc |
8.09 |
7.54 |
-16.71 |
0 |
Vishay Precision Group Inc |
462.45 |
354.34 |
26.01 |
2,600 |
Pioneer Power Solutions Inc |
54.63 |
41.67 |
1.81 |
91 |
Nova Ltd |
5,698.59 |
517.92 |
136.31 |
819 |
SUBTOTAL |
1,375,689.92 |
578,394.55 |
45,254.53 |
1,293,549 |
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