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Complete financial analysis of AST SpaceMobile, Inc. (ASTS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of AST SpaceMobile, Inc., a leading company in the Communication Equipment industry within the Technology sector.
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AST SpaceMobile, Inc. (ASTS)
About AST SpaceMobile, Inc.
AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. The company is headquartered in Midland, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 24.34M | 13.83M | 12.41M | 5.97M | 1.41M | 356.00K |
| Cost of Revenue | 54.47M | 6.71M | 7.56M | 3.03M | 954.00K | 163.00K |
| Gross Profit | -30.13M | 7.11M | 4.84M | 2.94M | 460.00K | 193.00K |
| Gross Profit Ratio | -123.77% | 51.44% | 39.03% | 49.30% | 32.53% | 54.21% |
| Research & Development | 126.30M | 99.83M | 53.04M | 14.09M | 5.94M | 2.28M |
| General & Administrative | 37.40M | 48.33M | 35.64M | 12.32M | 5.40M | 2.46M |
| Selling & Marketing | 4.21M | 0.00 | 0.00 | 0.00 | -5.02M | 0.00 |
| SG&A | 41.60M | 48.33M | 35.64M | 12.32M | 384.86K | 2.46M |
| Other Expenses | 0.00 | 4.71M | 2.91M | 887.00K | 384.86K | 0.00 |
| Operating Expenses | 167.90M | 152.88M | 91.59M | 27.30M | 384.86K | 4.77M |
| Cost & Expenses | 222.37M | 159.59M | 99.15M | 30.32M | 384.86K | 4.93M |
| Interest Income | 0.00 | 2.40M | 0.00 | 71.00K | 1.20M | 4.00K |
| Interest Expense | 2.68M | 71.47M | 0.00 | 10.00K | 484.02K | 0.00 |
| Depreciation & Amortization | 54.47M | 5.43M | 3.49M | 1.11M | 188.00K | 32.00K |
| EBITDA | -166.53M | -141.05M | -83.83M | -23.47M | -2.22M | -4.55M |
| EBITDA Ratio | -684.11% | -1,158.53% | -802.89% | -391.77% | -27.22% | -1,277.25% |
| Operating Income | -222.37M | -164.88M | -102.51M | -24.26M | -384.86K | -4.58M |
| Operating Income Ratio | -913.51% | -1,192.61% | -826.38% | -406.64% | -27.22% | -1,286.24% |
| Total Other Income/Expenses | 1.37M | 36.55M | 10.90M | -804.00K | -2.32M | 5.00K |
| Income Before Tax | -221.00M | -102.50M | -72.93M | -24.27M | -2.71M | -4.57M |
| Income Before Tax Ratio | -907.88% | -741.38% | -587.91% | -406.80% | -191.45% | -1,284.83% |
| Income Tax Expense | 1.68M | 617.00K | 331.00K | 131.00K | 174.30K | 15.00K |
| Net Income | -87.56M | -103.11M | -73.26M | -24.41M | -2.88M | -4.44M |
| Net Income Ratio | -359.71% | -745.84% | -590.58% | -409.00% | -203.77% | -1,246.63% |
| EPS | -1.07 | -1.89 | -1.42 | -0.47 | -0.10 | 0.00 |
| EPS Diluted | -1.07 | -1.89 | -1.42 | -0.47 | -0.10 | 0.00 |
| Weighted Avg Shares Out | 81.82M | 54.44M | 51.73M | 51.73M | 28.75M | 25.95B |
| Weighted Avg Shares Out (Dil) | 81.82M | 54.44M | 51.73M | 51.73M | 28.75M | 25.95B |
Prediction: AST SpaceMobile Will Sell a Lot of Stock (If It's Smart)
With a share price up 13x in four months, AST SpaceMobile just may be the most successful space stock of 2024. Yet AST still has obstacles to overcome, such as raising $3 billion to pay for the satellites it wants...
1 Top Space Stock You Need to Know About Before a Key Launch in September
AST SpaceMobile's technology has advantages over SpaceX's Starlink service. The growing commercial space sector involves complex business relationships.
Prediction: SpaceX Starlink Will Compete With AST SpaceMobile
SpaceX and T-Mobile aim to offer free emergency "Direct to Cell" text capability for cellphones within the next few months. The companies will make use of SpaceX's 6,000-plus Starlink satellite network to offer the new service.
What Does AST SpaceMobile Do?
AST SpaceMobile is working toward providing space-based cellular broadband service. The company has agreements with over 45 mobile network operators.
Where Will AST SpaceMobile Be in 1 Year?
AST SpaceMobile is a money-losing company, and that isn't going to change in the next year. The company is on the cusp of launching its first five operational satellites.
Why AST SpaceMobile Stock Popped by 5% on Thursday
One analyst tracking the stock cranked his price target well higher. He now feels AST is worth $36 per share.
1 Wall Street Analyst Thinks AST SpaceMobile Stock Is Going to $46. Is It a Buy Around $30?
AST SpaceMobile is at a pivot point in its development. Lower funding costs and an improved window for revenue have one analyst increasing optimism.
Why AST SpaceMobile Stock Popped on Monday
Scotiabank raised its price target on AST SpaceMobile to nearly $46 today. Scotiabank analyst Andres Graham says AST has better satellite communications technology than SpaceX or Starlink.
3 Tech Stocks With More Potential Than Any Cryptocurrency
AST's upcoming satellite launch could drive its stock a lot higher. Serve's partnership with Uber Eats could significantly boost its sales.
Why AST Mobile Stock Popped 20%, Then Fell This Week
AST SpaceMobile is set to launch its first satellites into space shortly. The company hopes to become a global broadband satellite network.
Source: https://incomestatements.info
Category: Stock Reports