Iridium Communications

Iridium voice services are provided via various handsets and installed communications systems on ships, aircraft and land-based vehicles. Iridium's short burst data (SBD) transceiver, incorporated into an increasing number of applications, provides data connections to every corner of the earth, transferring location information, weather reports, email, or any other data requiring a reliable, global, two-way connection.

Iridium proactively addresses new and emerging markets, with its most rapidly expanding business segment as the machine-to-machine (M2M) market and the two-way, satellite-based location, tracking and messaging market. Iridium OpenPort® provides complete voice and data coverage for ships at sea over the world’s largest and only truly global commercial satellite constellation.

Type
Public
HQ
Mc Lean, US
Founded
2000
Size (employees)
244 (est)
Iridium Communications was founded in 2000 and is headquartered in McLean, US

Iridium Communications Office Locations

Iridium Communications has offices in McLean, Tempe and Essex
Mc Lean, US (HQ)
1400 1750 Tysons Blvd
Tempe, US
8440 S River Pkwy

Iridium Communications Data and Metrics

Iridium Communications Financial Metrics

Iridium Communications's revenue was reported to be $433.6 m in FY, 2016 which is a 5% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

433.6 m

Revenue growth (FY, 2015 - FY, 2016), %

5%

Gross profit (FY, 2016)

368.7 m

Gross profit margin (FY, 2016), %

85%

Net income (FY, 2016)

111 m

EBIT (FY, 2016)

176.4 m

Market capitalization (26-May-2017)

978.8 m

Closing share price (26-May-2017)

10

Cash (31-Dec-2016)

371.2 m
Iridium Communications's current market capitalization is $978.8 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

382.6 m408.6 m411.4 m433.6 m

Revenue growth, %

7%1%5%

Cost of goods sold

59.3 m62.1 m60.3 m65 m

Gross profit

323.3 m346.5 m351.1 m368.7 m

Gross profit Margin, %

84%85%85%85%

Operating expense total

272.8 m285.6 m337.6 m257.3 m

EBIT

109.9 m127 m73.8 m176.4 m

EBIT margin, %

29%31%18%41%

Pre tax profit

110.5 m116.5 m73.1 m178.2 m

Income tax expense

(47.9 m)(41.5 m)(66 m)(67.1 m)

Net Income

62.5 m75 m7.1 m111 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

186.3 m211.2 m185.7 m371.2 m

Accounts Receivable

54.8 m50.7 m51.7 m57.4 m

Inventories

12.5 m10.6 m13.1 m30.7 m

Current Assets

369.6 m573.1 m481.7 m516.8 m

PP&E

1.6 b2 b2.4 b2.8 b

Goodwill

87 m87 m

Total Assets

2.3 b2.9 b3.2 b3.5 b

Accounts Payable

12.9 m17.7 m31.5 m11.1 m

Current Liabilities

101.5 m102.4 m101.6 m83.2 m

Additional Paid-in Capital

801.3 m1 b1 b1.1 b

Retained Earnings

138.8 m201.5 m193.2 m288.8 m

Total Equity

939.5 m1.2 b1.2 b1.3 b

Financial Leverage

2.5 x2.4 x2.6 x2.6 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

62.5 m75 m7.1 m111 m

Depreciation and Amortization

75 m72.8 m51.8 b49.4 b

Accounts Receivable

1.9 m3.9 m(1.8 m)(6 m)

Inventories

(7.7 m)1.5 m(3.6 m)(17 m)

Accounts Payable

(5.6 m)(2.6 m)3.1 m3.2 m

Cash From Operating Activities

183 m214.9 m217.5 m225.2 m

Capital Expenditures

(403.5 m)(441.1 m)(494.8 m)(405.7 m)

Cash From Investing Activities

(485.8 m)(626.3 m)(439.4 m)(242.4 m)

Dividends Paid

(7 m)(7 m)(8.4 m)(8.4 m)

Cash From Financing Activities

234.7 m438.8 m197.1 m202.2 m

Interest Paid

11.3 m15 m18.9 m22.9 m

Free Cash Flow

586.6 m655.9 m712.3 m630.9 m
Numbers are in $, USDY, 2016

Revenue/Employee

1.8 m

Financial Leverage

2.6 x

Iridium Communications Market Value History

Iridium Communications Online and Social Media Presence

Iridium Communications News and Updates

Iridium Communications Company Life and Culture

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