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Communications Systems's peak revenue was $143.8M in 2011. The peak quarterly revenue was $45.4M in 2011(q2).
Communications Systems's revenue increased from $120.1m in 2010 to $27.5M currently. That's a -77.08% change in annual revenue.
| Fiscal year / year | Communications Systems revenue |
|---|---|
| 2010 | $120.1M |
| 2011 | $143.8M |
| 2012 | $104.2M |
| 2013 | $131.3M |
| 2014 | $119.1M |
| 2015 | $107.7M |
| 2016 | $99.4M |
| 2017 | $82.3M |
| 2018 | $65.8M |
| 2019 | $50.9M |
| 2020 | $8.1M |
| 2021 | $38.2M |
| 2022 | $27.5M |
Rate Communications Systems' financial transparency
Communications Systems saw the greatest revenue growth in 2022, when revenue increased by 72,019.12%.
Communications Systems had the lowest revenue growth in 2020, when revenue changed by -84.13%.
| Year | Communications Systems growth |
|---|---|
| 2011 | 20%↑ |
| 2012 | -27%↓ |
| 2013 | 26%↑ |
| 2014 | -9%↓ |
| 2015 | -10%↓ |
| 2016 | -8%↓ |
| 2017 | -17%↓ |
| 2018 | -20%↓ |
| 2019 | -23%↓ |
| 2020 | -84%↓ |
| 2021 | 372%↑ |
| 2022 | -28%↓ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2011 | - | $45.4M | $42.0M | $25.3M |
| 2012 | $24.2M | $25.6M | $28.7M | $25.8M |
| 2013 | $27.5M | $31.9M | $44.6M | $27.3M |
| 2014 | $25.2M | $33.2M | $33.4M | $27.2M |
| 2015 | $19.5M | $28.2M | $32.2M | $27.7M |
| 2016 | $24.7M | $26.3M | $25.6M | $22.8M |
| 2017 | $20.8M | $22.1M | $20.4M | $19.0M |
| 2018 | $16.8M | $15.0M | $15.3M | $18.7M |
| 2019 | $16.7M | $15.4M | $13.6M | $15.4M |
| 2020 | $9.2M | $9.6M | $3.4M | $2.8M |
| 2021 | - | - | $25.4M | $12.7M |
| 2022 | $231,868 | $4.2M | $5.9M | $17.2M |
| 2023 | $22.1M | $19.8M | $18.3M | - |
Do you work at Communications Systems?
Did Communications Systems meet its revenue projections?
| CEO | Anita Kumar |
| Company Type | Public |
| Employees Number | 150 |
| Date Founded | 1969 |
| Headquarters | Minnetonka, Minnesota |
| Number of Locations | 3 |
| Revenue | $27.5M |
| Net Income | -$10,352,240,000 |
| Gross Proft | $7.4M (2022) |
| EBITDA | ($6.2M) (2022) |
| PE Ratio | -2.13 |
| Tax Rate | -0.0% |
| Market Capitalization | $22.1M |
| Total Assets | $74,695,487 |
| Ticker | JCS |
Communications Systems's top competitor, Hughes, earned an annual revenue of $1.4B.
Communications Systems's smallest competitor is Teltronics with revenue of $220.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| CommLink | - | $1.6M | 45 | - |
| United States Information Technology Office | - | $5.0M | 5 | - |
| Mackay Communications, Inc. | - | $100.0M | 400 | - |
| Telserv | - | $1.9M | 35 | - |
| PowerFleet | - | $135.2M | 160 | - |
| Ascom Timeplex | - | $50.0M | 150 | - |
| RTS Associates | - | $5.8M | 50 | - |
| VIcom | - | $80.9M | 2 | - |
| Communication Technology Services | - | $85.9M | 365 | - |
| Hughes | - | $1.4B | 4,000 | - |
Zippia gives an in-depth look into the details of Communications Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Communications Systems. The employee data is based on information from people who have self-reported their past or current employments at Communications Systems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Communications Systems. The data presented on this page does not represent the view of Communications Systems and its employees or that of Zippia.
Communications Systems may also be known as or be related to COMMUNICATIONS SYSTEMS INC, Communications Systems, Communications Systems Inc and Communications Systems, Inc.