Cambium Networks Corp
CMBMFOTCTechnology · Radio & Tv Broadcasting & Communications Equipment · E9 · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $159.6M | $177.3M | $76.0M | $296.9M | $335.9M | $60.4M |
| Operating income | −$28.0M | −$70.4M | $1.4M | $19.9M | $36.4M | $373,000 |
| Net income | −$38.5M | −$74.5M | $671,000 | $20.2M | $37.4M | −$838,000 |
| Total assets | $137.1M | $173.7M | $280.4M | $269.5M | $232.3M | $205.8M |
| Total liabilities | $173.1M | $177.0M | $154.7M | $124.1M | $120.1M | $142.4M |
| Equity | −$35.9M | −$3.2M | $61.1M | $122.2M | $112.1M | $63.4M |
| EPS (diluted) | $-1.34 | $-2.65 | $0.02 | $0.72 | $1.31 | $0.70 |
| Shares out. | 28.9M | 27.9M | 27.3M | 26.7M | 26.1M | 25.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −17.5%
- Net margin
- −24.1%
- Return on equity
- 107.2%
- Return on assets
- −28.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 126.2%
- Debt / equity
- —
- Book value / share
- $-1.24
- Revenue growth (YoY)
- −10.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -8.51distress
- Accruals / assets
- −16.6%clean
- Beneish M-Score
- -3.04normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 15, 2026
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 17, 2025
- NT 10-Qmissed a reporting deadline ↗Aug 11, 2025
- NT 10-Qmissed a reporting deadline ↗May 15, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2025
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Leviticus Partners LpPassive (13G)Mar 17, 2025
- Paradigm Capital Management Inc/NyPassive (13G)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Kurk Morgan C SOfficer — President and CEO | May 18, 2026 | Tax withholding | 1,721 | $0.29 |
| Vivek VibhuOfficer — Senior VP, Products | Apr 10, 2026 | Tax withholding | 1,030 | $0.10 |
| Cada-Bartoli Melissa ElizabethOfficer — Global Controller and CAO | Feb 27, 2026 | Tax withholding | 59 | $1.12 |
| Kurk Morgan C SOfficer — President and CEO | Feb 18, 2026 | Tax withholding | 2,109 | $1.21 |
| Vivek VibhuOfficer — Senior VP, Products | Jan 10, 2026 | Tax withholding | 895 | $1.49 |
| Cada-Bartoli Melissa ElizabethOfficer — Global Controller and CAO | Dec 1, 2025 | Tax withholding | 50 | $1.83 |
| Kurk Morgan C SOfficer — President and CEO | Nov 18, 2025 | Tax withholding | 1,788 | $2.61 |
| Vivek VibhuOfficer — Senior VP, Products | Oct 10, 2025 | Tax withholding | 895 | $0.77 |
| Cada-Bartoli Melissa ElizabethOfficer — Global Controller and CAO | Sep 1, 2025 | Tax withholding | 48 | $0.76 |
| Kurk Morgan C SOfficer — President and CEO | Aug 18, 2025 | Tax withholding | 14,300 | $0.69 |
| Sayer JacobOfficer — Chief Financial Officer | Aug 15, 2025 | Tax withholding | 550 | $0.70 |
| Vivek VibhuOfficer — Senior VP, Products | Jul 10, 2025 | Tax withholding | 3,579 | $0.44 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 1.3M | 9.4 | -12.5% |
| Apr 30, 2026 | 1.5M | 58.3 | -2.5% |
| Apr 15, 2026 | 1.5M | 28.5 | -2.1% |
| Mar 31, 2026 | 1.6M | 1.0 | -12.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Delisting / listing-standard noticeMar 26, 2026
- Delisting / listing-standard noticeJan 15, 2026
- Delisting / listing-standard notice · Director / officer changeDec 18, 2025
- Delisting / listing-standard noticeDec 5, 2025
- Changed auditorDec 3, 2025
- Delisting / listing-standard noticeDec 1, 2025
- Results of operationsNov 18, 2025
- Delisting / listing-standard noticeOct 16, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.