Optical Cable Corp Files 2024 Annual Report

TL;DR

OCC filed its 2024 10-K. Check financials for the wire manufacturer.

AI Summary

Optical Cable Corporation filed its 10-K for the fiscal year ended October 31, 2024. The company, incorporated in Virginia, is involved in the manufacturing of nonferrous wire. Its principal executive offices are located at 5290 Concourse Drive, Roanoke, VA 24019. The filing details its operations and financial status for the reporting period.

Why It Matters

This 10-K filing provides investors and stakeholders with a comprehensive overview of Optical Cable Corporation's financial performance and business operations for the fiscal year 2024.

Risk Assessment

Risk Level: low — This is a standard annual financial filing with no immediate red flags or urgent disclosures.

Key Numbers

• 540-265-0690 — Phone Number (Registrant's telephone number)
• 0-27022 — Commission File Number (SEC file number for the company)

Key Players & Entities

• OPTICAL CABLE CORP (company) — Registrant
• Virginia (location) — State of incorporation
• 5290 Concourse Drive, Roanoke, VA 24019 (location) — Principal executive offices address
• October 31, 2024 (date) — Fiscal year end

FAQ

Filing Documents

• occ20241031c_10k.htm (10-K) — 199KB
• ex_755614.htm (EX-13.1) — 966KB
• ex_755657.htm (EX-21.1) — 1KB
• ex_755656.htm (EX-23.1) — 2KB
• ex_755655.htm (EX-23.2) — 2KB
• ex_755654.htm (EX-31.1) — 12KB
• ex_755649.htm (EX-31.2) — 12KB
• ex_755648.htm (EX-32.1) — 4KB
• ex_755647.htm (EX-32.2) — 4KB
• annualreport_backcover24-fin.jpg (GRAPHIC) — 198KB
• annualreport_frontcover24-fi.jpg (GRAPHIC) — 185KB
• annualreport_insidebackcover.jpg (GRAPHIC) — 176KB
• annualreport_insidefrontcove.jpg (GRAPHIC) — 256KB
• manufacturingbyquarter.jpg (GRAPHIC) — 41KB
• salesbyquarter.jpg (GRAPHIC) — 31KB
• sgabyquarter.jpg (GRAPHIC) — 44KB
• 0001437749-24-038248.txt ( ) — 8857KB
• occ-20241031.xsd (EX-101.SCH) — 58KB
• occ-20241031_def.xml (EX-101.DEF) — 393KB
• occ-20241031_lab.xml (EX-101.LAB) — 357KB
• occ-20241031_pre.xml (EX-101.PRE) — 434KB
• occ-20241031_cal.xml (EX-101.CAL) — 50KB
• occ20241031c_10k_htm.xml (XML) — 915KB

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations. 10 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk. 10 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data. 10 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. 10 Item 9A.

Controls and Procedures

Controls and Procedures. 11 Item 9B. Other Information. 13 PART III Item 10. Directors, Executive Officers and Corporate Governance. 13 Item 11.

Executive Compensation

Executive Compensation. 13 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 13 Item 13. Certain Relationships and Related Transactions, and Director Independence. 13 Item 14. Principal Accountant Fees and Services. 13 PART IV Item 15. Exhibits and Financial Statement Schedules. 14

SIGNATURES

SIGNATURES 18 2 Table of Contents PART I

BUSINESS

Item 1. BUSINESS Overview Optical Cable Corporation was incorporated in the Commonwealth of Virginia in 1983. We are headquartered at 5290 Concourse Drive, Roanoke, Virginia 24019 and our telephone number is (540) 265-0690. Optical Cable Corporation, together with our wholly owned subsidiaries, Applied Optical Systems, Inc. ("AOS") and Centric Solutions LLC ("Centric Solutions"), has offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas. Optical Cable Corporation and its subsidiaries (collectively, the "Company" or "OCC ") is a leading manufacturer of a broad range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market and various harsh environment and specialty markets (collectively, the non-carrier markets), and also the wireless carrier market, offering integrated suites of high quality products which operate as a system solution or seamlessly integrate with other components. OCC's product offerings include designs for uses ranging from enterprise networks, data centers, residential, campus and Passive Optical LAN (POL) installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical, renewable energy and broadcast applications, and for the wireless carrier market. OCC products include fiber optic and copper cabling, hybrid cabling (which includes fiber optic and copper elements in a single cable), fiber optic and copper connectors, specialty fiber optic, copper and hybrid connectors, fiber optic and copper patch cords, pre-terminated fiber optic and copper cable assemblies, racks, cabinets, datacom enclosures, patch panels, face plates, multimedia boxes, fiber optic reels and accessories and other cable and connectivity management accessories, and are designed to meet the most demanding needs of end-users, delivering a high degree of reliabili

View Full Filing

View this 10-K filing on SEC EDGAR