IRDM - Iridium Communications Inc.
NASDAQ
->
Communication Services
->
Telecom Services
McLean,
United States
Type: Equity
IRDM price evolution
IRDM
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $71.87 | $67.88 | $103.46 | $126.59 |
| Short term investments | ||||
| Net receivables | $91.72 | $100.72 | $92.15 | $100.64 |
| Inventory | $91.14 | $71.14 | $55.76 | $37.34 |
| Total current assets | $271.08 | $252.93 | $268.68 | $278.73 |
| Long term investments | $67.13 | $68.86 | $70.36 | $72.02 |
| Property, plant & equipment | $2195.76 | $2229.19 | $2290.99 | $2383.57 |
| Goodwill & intangible assets | $41.09 | $41.41 | $41.93 | $42.19 |
| Total noncurrent assets | $2390.69 | $2452.78 | $2511.79 | $2592.93 |
| Total investments | $67.13 | $68.86 | $70.36 | $72.02 |
| Total assets | $2661.78 | $2705.71 | $2780.47 | $2871.65 |
| Current liabilities | ||||
| Accounts payable | $28.67 | $14.44 | $24.85 | $23.67 |
| Deferred revenue | $77.02 | $76.61 | $77.17 | $76.79 |
| Short long term debt | $15 | $11.25 | $16.5 | $16.5 |
| Total current liabilities | $131.55 | $119 | $124.24 | $116.32 |
| Long term debt | $1467.49 | $1470.67 | $1464.54 | $1467.6 |
| Total noncurrent liabilities | $1642.12 | $1661.71 | $1656.03 | $1669.74 |
| Total debt | $1482.49 | $1481.92 | $1481.04 | $1484.1 |
| Total liabilities | $1773.68 | $1780.71 | $1780.28 | $1786.06 |
| Shareholders' equity | ||||
| Retained earnings | -$235.4 | -$233.59 | -$170.48 | -$83.12 |
| Other shareholder equity | $33.91 | $53.23 | $51.93 | $42 |
| Total shareholder equity | $888.1 | $925 | $1000.19 | $1085.59 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $71.87 | $16.25 | $320.91 | $237.18 |
| Short term investments | $7.55 | |||
| Net receivables | $91.72 | $82.27 | $63.41 | $61.15 |
| Inventory | $91.14 | $39.78 | $29.04 | $32.48 |
| Total current assets | $271.08 | $306.2 | $424.41 | $347.82 |
| Long term investments | $67.13 | $49.85 | ||
| Property, plant & equipment | $2195.76 | $2450.23 | $2662.34 | $2917.08 |
| Goodwill & intangible assets | $41.09 | $42.58 | $44 | $45.5 |
| Total noncurrent assets | $2390.69 | $2647.81 | $2756.39 | $3013.13 |
| Total investments | $67.13 | $49.85 | $7.55 | |
| Total assets | $2661.78 | $2954.01 | $3180.8 | $3360.95 |
| Current liabilities | ||||
| Accounts payable | $28.67 | $21.37 | $16.2 | $14.39 |
| Deferred revenue | $77.02 | $81.01 | $76.09 | $83.67 |
| Short long term debt | $15 | $16.5 | $16.5 | $16.77 |
| Total current liabilities | $131.55 | $141.58 | $108.84 | $113.07 |
| Long term debt | $1467.49 | $1470.68 | $1581.52 | $1596.89 |
| Total noncurrent liabilities | $1642.12 | $1683.88 | $1784.01 | $1828.44 |
| Total debt | $1482.49 | $1487.18 | $1598.02 | $1613.66 |
| Total liabilities | $1773.68 | $1825.46 | $1892.85 | $1941.51 |
| Shareholders' equity | ||||
| Retained earnings | -$235.4 | -$47.74 | $140.81 | $275.92 |
| Other shareholder equity | $33.91 | $51.56 | -$7.05 | -$17.18 |
| Total shareholder equity | $888.1 | $1128.56 | $1287.95 | $1419.44 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $194.74 | $197.6 | $193.11 | $205.27 |
| Cost of revenue | $55.61 | $54.22 | $51.55 | $63.74 |
| Gross Profit | $139.13 | $143.38 | $141.56 | $141.53 |
| Operating activities | ||||
| Research & development | $5.73 | $5.04 | $5.63 | $3.88 |
| Selling, general & administrative | $34.31 | $33.37 | $37.34 | $38.68 |
| Total operating expenses | $93.81 | $114.89 | $157.12 | $118.16 |
| Operating income | $45.31 | $28.5 | -$15.55 | $23.37 |
| Income from continuing operations | ||||
| EBIT | $47.56 | $27.01 | -$17.23 | $22.21 |
| Income tax expense | -$9.58 | -$6.01 | -$5.21 | -$5.45 |
| Interest expense | $19.11 | $34.66 | $18.72 | $17.89 |
| Net income | ||||
| Net income | $38.02 | -$1.64 | -$30.74 | $9.78 |
| Income (for common shares) | $38.02 | -$1.64 | -$30.74 | $9.78 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $790.72 | $721.03 | $614.5 | $583.44 |
| Cost of revenue | $225.12 | $201.15 | $150.4 | $142.69 |
| Gross Profit | $565.6 | $519.88 | $464.1 | $440.75 |
| Operating activities | ||||
| Research & development | $20.27 | $16.22 | $11.88 | $12.04 |
| Selling, general & administrative | $143.71 | $123.5 | $100.47 | $90.05 |
| Total operating expenses | $483.98 | $443.21 | $417.79 | $405.26 |
| Operating income | $81.63 | $76.68 | $46.31 | $35.48 |
| Income from continuing operations | ||||
| EBIT | $79.55 | $74.1 | $45.02 | $5.31 |
| Income tax expense | -$26.25 | $0.29 | -$19.57 | -$32.91 |
| Interest expense | $90.39 | $65.09 | $73.91 | $94.27 |
| Net income | ||||
| Net income | $15.41 | $8.72 | -$9.32 | -$56.05 |
| Income (for common shares) | $15.41 | $8.72 | -$9.32 | -$56.05 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $38.02 | -$1.64 | -$30.74 | $9.78 |
| Operating activities | ||||
| Depreciation | $52.79 | $76.83 | $114.57 | $75.82 |
| Business acquisitions & disposals | -$10 | |||
| Stock-based compensation | $11.95 | $15.95 | $16.79 | $12.77 |
| Total cash flows from operations | $87.81 | $71.12 | $87.05 | $68.94 |
| Investing activities | ||||
| Capital expenditures | -$16.2 | -$12 | -$22.38 | -$22.91 |
| Investments | ||||
| Total cash flows from investing | -$16.2 | -$12 | -$22.38 | -$32.91 |
| Financing activities | ||||
| Dividends paid | -$15.97 | -$16.11 | -$16.26 | -$16.43 |
| Sale and purchase of stock | -$51.67 | -$75.3 | -$65.71 | -$50.38 |
| Net borrowings | -$0.13 | -$4.13 | -$4.13 | |
| Total cash flows from financing | -$68.68 | -$93.43 | -$86.98 | -$77.96 |
| Effect of exchange rate | $1.07 | -$1.27 | -$0.82 | -$0.25 |
| Change in cash and equivalents | $3.99 | -$35.58 | -$23.14 | -$42.18 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $15.41 | $8.72 | -$9.32 | -$56.05 |
| Operating activities | ||||
| Depreciation | $320 | $303.48 | $305.43 | $303.17 |
| Business acquisitions & disposals | -$10 | -$50 | ||
| Stock-based compensation | $57.45 | $43.73 | $26.78 | $16.71 |
| Total cash flows from operations | $314.91 | $344.73 | $302.87 | $249.77 |
| Investing activities | ||||
| Capital expenditures | -$73.49 | -$71.27 | -$42.15 | -$38.69 |
| Investments | $5.76 | -$7.78 | ||
| Total cash flows from investing | -$83.49 | -$121.27 | -$36.38 | -$46.47 |
| Financing activities | ||||
| Dividends paid | -$64.77 | |||
| Sale and purchase of stock | -$243.06 | -$253.19 | -$156 | $12.71 |
| Net borrowings | -$8.38 | -$116.5 | -$16.5 | -$193.83 |
| Total cash flows from financing | -$327.05 | -$374.98 | -$182.47 | -$188.19 |
| Effect of exchange rate | -$1.27 | -$0.63 | -$0.29 | -$1.49 |
| Change in cash and equivalents | -$96.9 | -$152.14 | $83.73 | $13.62 |
News
Fundamentals
| Market cap | $3.20B |
|---|---|
| Enterprise value | $4.61B |
| Shares outstanding | 122.78M |
| Revenue | $790.72M |
|---|---|
| EBITDA | $399.55M |
| EBIT | $79.55M |
| Net Income | $15.41M |
| Revenue Q/Q | 0.47% |
| Revenue Y/Y | 9.67% |
| P/E ratio | 207.56 |
|---|---|
| EV/Sales | 5.83 |
| EV/EBITDA | 11.54 |
| EV/EBIT | 57.95 |
| P/S ratio | 4.05 |
| P/B ratio | 3.75 |
| Book/Share | 6.96 |
| Cash/Share | 0.59 |
| EPS | $0.13 |
|---|---|
| ROA | 0.56% |
| ROE | 1.58% |
| Debt/Equity | 2.00 |
|---|---|
| Net debt/EBITDA | 4.26 |
| Current ratio | 2.06 |
| Quick ratio | 1.37 |