Financial Snapshot

Revenue
$1.400M
TTM
Gross Margin
Net Earnings
-$145.1M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
638.19%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$241.9M
Q2 2024
Cash
Q2 2024
P/E
-56.72
Sep 13, 2024 EST
Free Cash Flow
-$282.8M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $13.83M $12.41M $5.967M $0.00
YoY Change -100.0% 11.45% 107.89%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $13.83M $12.41M $5.967M $0.00
Cost Of Revenue $0.00 $6.714M $7.563M $3.025M
Gross Profit $0.00 $7.111M $4.842M $2.942M
Gross Profit Margin 51.44% 39.03% 49.3%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $41.60M $48.33M $35.64M $12.32M
YoY Change -13.93% 35.63% 189.25%
% of Gross Profit 679.68% 735.98% 418.76%
Research & Development $126.3M $45.62M $23.44M $1.011M
YoY Change 176.85% 94.62% 2218.5%
% of Gross Profit 641.54% 484.1% 34.36%
Depreciation & Amortization $54.47M $4.711M $2.700M $700.0K
YoY Change 1056.21% 74.48% 285.71%
% of Gross Profit 66.25% 55.76% 23.79%
Operating Expenses $222.4M $152.9M $91.59M $27.30M $380.0K
YoY Change 45.46% 66.92% 235.5% 7083.95%
Operating Profit -$222.4M -$145.8M -$86.75M -$24.36M
YoY Change 52.55% 68.04% 256.14%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $2.675M $24.15M -$1.950M $83.00K $1.210M
YoY Change -88.93% -1338.67% -2449.4% -93.14%
% of Operating Profit
Other Income/Expense, Net -$1.304M $43.27M $13.82M $83.00K
YoY Change -103.01% 213.17% 16545.78%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$221.0M -$102.5M -$72.93M -$24.27M $830.0K
YoY Change 115.61% 40.54% 200.44% -3024.58%
Income Tax $1.681M $617.0K $331.0K $131.0K $170.0K
% Of Pretax Income 20.48%
Net Earnings -$87.56M -$31.64M -$73.26M -$24.41M $660.0K
YoY Change 176.74% -56.81% 200.19% -3797.73%
Net Earnings / Revenue -228.86% -590.58% -409.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.07 -$0.58 -$590.6K $6.609K $22.96K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $85.62M $238.6M $321.8M $100.0K $500.0K
YoY Change -64.11% -25.86% 321687.0% -80.0%
Cash & Equivalents $85.62M $238.6M $321.8M $42.80M
Short-Term Investments
Other Short-Term Assets $21.26M $29.72M $10.43M $100.0K $100.0K
YoY Change -28.47% 184.94% 10331.0% 0.0%
Inventory $0.00 $1.412M $2.600M
Prepaid Expenses
Receivables $0.00 $2.173M $2.100M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $106.9M $268.3M $335.8M $200.0K $600.0K
YoY Change -60.16% -20.1% 167801.5% -66.67%
Property, Plant & Equipment $251.7M $153.7M $103.9M $44.10M
YoY Change 63.8% 47.85% 135.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $232.2M $231.2M
YoY Change 0.43%
Other Assets $2.311M $16.40M $317.0K $200.0K
YoY Change -85.91% 5074.13% 58.5%
Total Long-Term Assets $254.0M $170.1M $108.1M $232.2M $231.2M
YoY Change 49.36% 57.27% -53.43% 0.43%
Total Assets $360.9M $438.4M $443.9M $232.4M $231.8M
YoY Change
Accounts Payable $20.58M $13.93M $6.638M $600.0K $200.0K
YoY Change 47.71% 109.84% 1006.33% 200.0%
Accrued Expenses $25.39M $6.398M $5.120M $3.500M
YoY Change 296.91% 24.96% 46.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $252.0K
YoY Change
Total Short-Term Liabilities $46.22M $27.80M $21.38M $600.0K $300.0K
YoY Change 66.29% 30.03% 3462.83% 100.0%
Long-Term Debt $59.25M $4.758M $5.000M $0.00 $0.00
YoY Change 1145.31% -4.84%
Other Long-Term Liabilities $41.86M $45.99M $65.59M $8.100M $8.100M
YoY Change -8.98% -29.88% 709.72% 0.0%
Total Long-Term Liabilities $101.1M $50.75M $70.59M $8.100M $8.100M
YoY Change 99.24% -28.1% 771.44% 0.0%
Total Liabilities $261.9M $304.8M $343.7M $8.700M $8.300M
YoY Change -14.09% -11.3% 3850.08% 4.82%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $8.2316 Billion

About AST SpaceMobile Inc

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. The company is headquartered in Midland, Texas and currently employs 272 full-time employees. The company went IPO on 2019-09-13. Its SpaceMobile Service is being designed to provide high-speed cellular broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices. The firm is engaged in designing and developing the constellation of BlueBird (BB) satellites in advance of launching its planned space-based cellular broadband network distributed through a constellation of low earth orbit (LEO) satellites. The firm intends to continue testing the capabilities of the BlueWalker 3 (BW3) test satellite, including further testing with cellular service providers and devices. The firm primarily operates in the United States, India, Scotland, Spain and Israel.

Industry: Communications Services, NEC Peers: Anterix Inc Bandwidth Inc Lumen Technologies Inc Charge Enterprises, Inc. Cogent Communications Holdings Inc EchoStar Corp Iridium Communications Inc Globalstar Inc Liberty Latin America Ltd