SPCE - Virgin Galactic Holdings, Inc.
NYSE
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Industrials
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Aerospace & Defense
Las Cruces,
United States
Type: Equity
SPCE price evolution
SPCE
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $253.59 | $269.06 | $398.04 | $456.09 |
| Short term investments | $657.24 | $766.05 | $581.91 | $417.92 |
| Net receivables | ||||
| Inventory | $16.3 | $17.06 | $18.25 | $22.17 |
| Total current assets | $950.83 | $1076.22 | $1024.71 | $919.79 |
| Long term investments | $71.6 | $53.13 | ||
| Property, plant & equipment | $93.81 | $74.07 | $69.87 | $60.37 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $228.69 | $191.76 | $122.08 | $113.72 |
| Total investments | $728.83 | $819.18 | $581.91 | $417.92 |
| Total assets | $1179.52 | $1267.98 | $1146.79 | $1033.51 |
| Current liabilities | ||||
| Accounts payable | $32.41 | $27.99 | $24.73 | $25.6 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $185.66 | $180.14 | $187.99 | $190.83 |
| Long term debt | $417.89 | $417.34 | $416.8 | $416.25 |
| Total noncurrent liabilities | $488.38 | $488.49 | $474.25 | $475.9 |
| Total debt | $417.89 | $417.34 | $416.8 | $416.25 |
| Total liabilities | $674.04 | $668.63 | $662.24 | $666.73 |
| Shareholders' equity | ||||
| Retained earnings | -$2126.13 | -$2022.15 | -$1917.54 | -$1783.18 |
| Other shareholder equity | $0.37 | -$1.31 | -$2.27 | -$4.19 |
| Total shareholder equity | $505.48 | $599.36 | $484.54 | $366.78 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $253.59 | $342.63 | $550.03 | $678.96 |
| Short term investments | $657.24 | $606.72 | $79.42 | |
| Net receivables | $0.54 | |||
| Inventory | $16.3 | $24.04 | $29.67 | $30.48 |
| Total current assets | $950.83 | $1001.61 | $678.59 | $727.93 |
| Long term investments | $71.6 | $30.39 | $301.46 | |
| Property, plant & equipment | $93.81 | $53.66 | $47.5 | $73.06 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $228.69 | $138.32 | $390.24 | $76.06 |
| Total investments | $728.83 | $637.11 | $380.88 | |
| Total assets | $1179.52 | $1139.94 | $1068.83 | $803.99 |
| Current liabilities | ||||
| Accounts payable | $32.41 | $16.33 | $9.24 | $6 |
| Deferred revenue | ||||
| Short long term debt | $2.83 | |||
| Total current liabilities | $185.66 | $184.05 | $131.52 | $115.02 |
| Long term debt | $417.89 | $415.72 | $24.69 | |
| Total noncurrent liabilities | $488.38 | $475.66 | $43.05 | $26.45 |
| Total debt | $417.89 | $415.72 | $27.52 | |
| Total liabilities | $674.04 | $659.72 | $174.57 | $141.47 |
| Shareholders' equity | ||||
| Retained earnings | -$2126.13 | -$1623.8 | -$1123.64 | -$394.71 |
| Other shareholder equity | $0.37 | -$7.33 | -$1.87 | $0.01 |
| Total shareholder equity | $505.48 | $480.22 | $894.26 | $662.52 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2.81 | $1.73 | $1.87 | $0.39 |
| Cost of revenue | $24.34 | $25.65 | $0.23 | $0.32 |
| Gross Profit | -$21.53 | -$23.92 | $1.64 | $0.07 |
| Operating activities | ||||
| Research & development | $53.85 | $44.85 | $86.57 | $109.87 |
| Selling, general & administrative | $30.84 | $42.22 | $51.44 | $50.37 |
| Total operating expenses | $92.74 | $90.35 | $141.2 | $163.48 |
| Operating income | -$114.27 | -$114.27 | -$139.57 | -$163.41 |
| Income from continuing operations | ||||
| EBIT | -$100.52 | -$101.33 | -$131.11 | -$156.05 |
| Income tax expense | $0.24 | $0.05 | $0.03 | $0.13 |
| Interest expense | $3.22 | $3.22 | $3.22 | $3.21 |
| Net income | ||||
| Net income | -$103.98 | -$104.6 | -$134.36 | -$159.38 |
| Income (for common shares) | -$103.98 | -$104.6 | -$134.36 | -$159.38 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $6.8 | $2.31 | $3.29 | $0.24 |
| Cost of revenue | $50.54 | $1.91 | $0.27 | $0.17 |
| Gross Profit | -$43.74 | $0.41 | $3.02 | $0.07 |
| Operating activities | ||||
| Research & development | $295.14 | $314.17 | $149.38 | $158.76 |
| Selling, general & administrative | $174.86 | $175.12 | $173.18 | $116.59 |
| Total operating expenses | $487.77 | $500.39 | $322.56 | $275.35 |
| Operating income | -$531.51 | -$499.98 | -$319.54 | -$275.28 |
| Income from continuing operations | ||||
| EBIT | -$489.01 | -$487.42 | -$352.82 | -$272.99 |
| Income tax expense | $0.45 | $0.6 | $0.08 | $0.01 |
| Interest expense | $12.87 | $12.13 | $0.04 | |
| Net income | ||||
| Net income | -$502.34 | -$500.15 | -$352.9 | -$273.04 |
| Income (for common shares) | -$502.34 | -$500.15 | -$352.9 | -$273.04 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$103.98 | -$104.6 | -$134.36 | -$159.38 |
| Operating activities | ||||
| Depreciation | $3.65 | $3.29 | $3.19 | $3.25 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $8.66 | $10.76 | $11.86 | $12.98 |
| Total cash flows from operations | -$95.31 | -$91.5 | -$125.32 | -$136.07 |
| Investing activities | ||||
| Capital expenditures | -$18.37 | -$13.32 | -$9.85 | -$2.77 |
| Investments | $98.64 | -$231.97 | -$161.14 | $222.5 |
| Total cash flows from investing | $80.27 | -$245.3 | -$170.99 | $219.74 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.13 | $208.56 | $238.75 | $31.72 |
| Net borrowings | -$0.06 | -$0.06 | -$0.06 | -$0.06 |
| Total cash flows from financing | -$0.43 | $207.82 | $238.25 | $29.8 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$15.47 | -$128.97 | -$58.05 | $113.46 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$502.34 | -$500.15 | -$352.9 | -$273.04 |
| Operating activities | ||||
| Depreciation | $13.37 | $11.1 | $11.52 | $9.78 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $44.26 | $45.71 | $61.8 | $30.32 |
| Total cash flows from operations | -$448.19 | -$380.24 | -$230.76 | -$233.16 |
| Investing activities | ||||
| Capital expenditures | -$44.31 | -$16.49 | -$4.63 | -$17.2 |
| Investments | -$71.96 | -$269.68 | -$382.88 | |
| Total cash flows from investing | -$116.27 | -$286.17 | -$387.52 | -$17.2 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $478.91 | $102.13 | $519.98 | $441.79 |
| Net borrowings | -$0.23 | $413.18 | -$0.45 | -$0.43 |
| Total cash flows from financing | $475.43 | $459 | $489.36 | $436.59 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$89.03 | -$207.4 | -$128.93 | $186.23 |
News
Fundamentals
| Market cap | $300.73M |
|---|---|
| Enterprise value | $465.03M |
| Shares outstanding | 399.91M |
| Revenue | $6.80M |
|---|---|
| EBITDA | -$475.64M |
| EBIT | -$489.01M |
| Net Income | -$502.34M |
| Revenue Q/Q | 223.25% |
| Revenue Y/Y | 194.12% |
| P/E ratio | -0.60 |
|---|---|
| EV/Sales | 68.39 |
| EV/EBITDA | -0.98 |
| EV/EBIT | -0.95 |
| P/S ratio | 44.23 |
| P/B ratio | 0.60 |
| Book/Share | 1.26 |
| Cash/Share | 0.63 |
| EPS | -$1.26 |
|---|---|
| ROA | -43.42% |
| ROE | -102.72% |
| Debt/Equity | 1.33 |
|---|---|
| Net debt/EBITDA | -0.88 |
| Current ratio | 5.12 |
| Quick ratio | 5.03 |