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DIGITALGLOBE, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2017 10-Q, filed Jul 26, 2017. Its latest SEC filing is a CT ORDER from Sep 1, 2020.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Sells high-resolution Earth imagery, geospatial data and analysis, and intelligence services to government and commercial customers.

How Did They Make Money?

The NGA’s satellite-capacity agreement brings in monthly payments. The company also earns money from imagery delivered to customers or online subscriptions over the subscription term, satellite access based on minutes used, and analytics services based on time worked and reimbursable costs.

FY2016 revenue

Who Were Their Customers?

U.S. government agencies, including the NGA, are customers, alongside foreign governments and commercial buyers such as mapping services, energy companies and other industries. Sales reach customers through direct enterprise sales and a global network of resellers and strategic partners.

Did Revenues Turn Into Profits?

Yes. It kept 4 cents of every revenue dollar as net income in FY2016.

Operating income, FY2016
14% of revenue
▲ +68% vs FY2015 ($60.8M, 9%)
Net income, FY2016
4% of revenue
▲ +14% vs FY2015 ($23.3M, 3%)

How Were They Changing?

Since the FY2016 annual report
Latest quarter: Q2 FY2017, the three months to Jun 30, 2017
Revenue
▲ +29%
vs $175.5M in Q2 FY2016
Net income
▼ −78%
vs $12.2M in Q2 FY2016
  • Oct 10, 2017 Maxar completed its acquisition of DigitalGlobe DigitalGlobe became an indirect wholly owned subsidiary of Maxar.
  • Jul 20, 2017 DigitalGlobe revised its revenue and adjusted EBITDA outlook Revenue outlook was $850 million to $875 million, and adjusted EBITDA outlook was $385 million to $400 million.

Grew. Revenue grew 72% in 4 years, from $421.4M in FY2012 to $725.4M in FY2016, about 15% a year.

A defined analytics platform The older report described imagery-derived information products and analytic software as emerging offerings. The latest report describes a Geospatial Big Data platform combining imagery with large-scale analytics, along with Spatial on Demand for energy customers.

Expanded services capabilities The latest report describes Services capabilities expanded by Radiant’s cloud-enabled geospatial work, data analytics and machine learning; the older report described expert services and analysis derived from imagery.

Who Did They Compete With?

Competes with Astrium Geo-Information Services, ImageSat International, Blackbridge, Planet Labs, Skybox Imaging, Urthecast, Apple, Google, and Microsoft

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