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OCC

Optical Cable Corporation

OCC

Optical Cable Corporation • NASDAQ
$8.23 ▼ -3.29% (-0.28)
Market Cap $64.69 M
52w High $11.50
52w Low $2.02
Dividend Yield 0%
P/E -58.79
Volume 20.39K
Outstanding Shares 7.86M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $19.917M ▲ $5.757M ▼ $301.886K ▲ 1.516% ▲ $0.036 ▲ $749.893K ▲
Q2-2025 $17.55M ▲ $5.764M ▲ $-697.922K ▲ -3.977% ▲ $-0.089 ▲ $-222.166K ▲
Q1-2025 $15.743M ▼ $5.479M ▼ $-1.107M ▼ -7.035% ▼ $-0.14 ▼ $-619.675K ▼
Q4-2024 $19.486M ▲ $5.87M ▲ $373.462K ▲ 1.917% ▲ $0.048 ▲ $880.569K ▲
Q3-2024 $16.222M $5.258M $-1.557M -9.599% $-0.2 $-1.036M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $421.414K ▼ $40.168M ▲ $18.736M ▼ $21.432M ▲
Q2-2025 $894.281K ▲ $39.073M ▲ $19.958M ▲ $19.116M ▼
Q1-2025 $128.307K ▼ $37.817M ▼ $18.076M ▼ $19.742M ▼
Q4-2024 $244.247K ▼ $40.358M ▲ $19.516M ▲ $20.842M ▲
Q3-2024 $796.735K $37.599M $17.245M $20.354M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $301.886K ▲ $-2.199M ▼ $-90.332K ▼ $1.817M ▲ $-472.867K ▼ $-2.277M ▼
Q2-2025 $-697.922K ▲ $141.371K ▼ $-67.979K ▲ $692.582K ▲ $765.974K ▲ $73.392K ▼
Q1-2025 $-1.107M ▼ $2.675M ▲ $-75.275K ▼ $-2.715M ▼ $-115.94K ▲ $2.603M ▲
Q4-2024 $373.462K ▲ $-1.522M ▼ $-23.917K ▲ $993.499K ▲ $-552.488K ▼ $-1.579M ▼
Q3-2024 $-1.557M $552.441K $-26.306K $-819.312K $-293.177K $473.795K

Revenue by Products

Product Q2-2013Q3-2013Q4-2013Q1-2014
Centric Solutions Limited Liability Company
Centric Solutions Limited Liability Company
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been fairly flat over the last few years, with only modest growth. The company tends to run very close to break-even at the operating level, which means profit swings quickly with even small changes in demand or costs. Net results have been stop‑and‑go: profitable some years and loss‑making in others, with the latest year slipping back into the red. Overall, this points to thin margins and a business that is quite sensitive to volume, pricing, and cost control.

Balance Sheet

Balance Sheet The balance sheet looks relatively stable in size, with assets and equity not moving much over the period shown. Debt is present but does not appear excessive versus the equity base, suggesting some leverage but not an obviously stressed capital structure. The most notable weakness is very limited cash on hand, which reduces financial flexibility and makes the company more reliant on steady operations and credit facilities to manage any bumps in the road.

Cash Flow

Cash Flow Cash generation appears to hover around break-even, with operating cash flow and free cash flow not showing a strong positive trend. Capital spending is low, which helps preserve cash but also suggests limited room for large growth projects from internal funds alone. The overall picture is of a business that can generally fund itself day to day, but with a fairly thin cushion if conditions worsen or if meaningful investment is required quickly.

Competitive Edge

Competitive Edge OCC occupies a specialized niche rather than trying to match the scale of large global fiber and cable players. Its reputation is built around rugged, high‑reliability solutions for demanding environments such as military, mining, industrial, and broadcast applications. Strengths include deep specialization, custom engineering, long relationships with the U.S. military, U.S.-based manufacturing, and a brand associated with durability. On the other hand, its smaller size limits scale advantages versus giants like Corning or CommScope, and its focus on project‑driven, mission‑critical markets can expose it to swings in government and industrial spending.

Innovation and R&D

Innovation and R&D Innovation is a clear highlight for OCC. The company has developed proprietary cable and jacket designs, as well as specialized deployment systems for harsh environments. Its tight‑buffered, tight‑bound cable designs and Core‑Locked jacket technology are examples of focused, materials‑driven engineering aimed at reliability and ease of use. The partnership with Lightera (a Furukawa Electric subsidiary) signals a push into higher‑density data center cables, extending its capabilities into a faster‑growing segment. While its R&D resources are likely much smaller than those of larger competitors, OCC appears to use them in a targeted way that reinforces its niche strengths rather than trying to compete across the entire market.

Summary

Optical Cable Corporation is a small, specialized communication equipment company whose financial profile is characterized by modest revenues, thin margins, and profitability that fluctuates around break-even. The balance sheet is steady but not cash‑rich, which keeps pressure on the business to operate efficiently and limits its safety net. Cash flow is adequate but not robust, leaving limited room for large self‑funded expansion. Strategically, OCC’s edge lies in its focus on rugged, mission‑critical fiber and copper solutions and its strong reputation with demanding customers, especially the military and heavy industry. Its technology and new partnership aimed at data center applications offer potential upside, but success will depend on its ability to translate engineering strengths into more consistent earnings and stronger cash generation in a competitive, often cyclical, market.

NEWS

September 11, 2025 · 8:00 AM UTC

OPTICAL CABLE CORPORATION REPORTS THIRD QUARTER OF FISCAL YEAR 2025 FINANCIAL RESULTS

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