Iridium Communications (IRDM) stock price, revenue, and financials

Iridium Communications market cap is $5.5 b, and annual revenue was $583.44 m in FY 2020

$5.5 B

IRDM Mkt cap, 30-Jul-2021

$146.5 M

Iridium Communications Revenue Q1, 2021
Iridium Communications Net income (Q1, 2021)-5.2 M
Iridium Communications EBIT (Q1, 2021)9 M
Iridium Communications Cash, 31-Mar-2021214.8 M
Iridium Communications EV6.9 B
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Iridium Communications Revenue

Iridium Communications revenue was $583.44 m in FY, 2020 which is a 4.1% year over year increase from the previous period.

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Iridium Communications Revenue Breakdown

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Iridium Communications revenue breakdown by business segment: 14.8% from Subscriber Equipment, 79.4% from Services and 5.9% from Engineering and Support Services

Iridium Communications revenue breakdown by geographic segment: 8.1% from United Kingdom, 55.5% from United States and 36.4% from Other Countries

Iridium Communications Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

523.0m560.4m583.4m

Revenue growth, %

17%7%4%

Cost of goods sold

142.9m145.1m142.7m

Gross profit

380.1m415.3m440.7m

Gross profit Margin, %

73%74%76%

R&D expense

22.4m14.3m12.0m

General and administrative expense

97.8m93.2m90.1m

Operating expense total

338.5m405.2m405.3m

Depreciation and amortization

218.2m297.7m303.2m

EBIT

41.7m10.1m35.5m

EBIT margin, %

8%2%6%

Interest expense

62.4m115.4m94.3m

Pre tax profit

(20.6m)(218.1m)(89.0m)

Income tax expense

(7.3m)(56.1m)(32.9m)

Net Income

(13.4m)(162.0m)(56.1m)

EPS

(0.2)(1.3)(0.4)

Iridium Communications Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

273.4m223.6m237.2m

Accounts Receivable

71.2m68.7m61.2m

Prepaid Expenses

18.3m10.7m9.5m

Inventories

27.5m39.9m32.5m

Current Assets

390.4m342.9m347.8m

PP&E

3.4b3.2b2.9b

Total Assets

4.0b3.6b3.4b

Accounts Payable

12.9m6.7m14.4m

Short-term debt

155.4m18.7m17.0m

Current Liabilities

262.7m113.8m113.1m

Long-term debt

1.8b1.8b1.6b

Total Debt

2.0b1.8b1.6b

Total Liabilities

2.4b2.2b1.9b

Common Stock

112.0k132.0k134.0k

Additional Paid-in Capital

1.1b1.1b1.2b

Retained Earnings

501.7m332.0m275.9m

Total Equity

1.6b1.5b1.4b

Debt to Equity Ratio

1.2 x1.2 x1.1 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x

Financial Leverage

2.5 x2.5 x2.4 x

Iridium Communications Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

233.9m(13.4m)(162.0m)(56.1m)

Depreciation and Amortization

122.3m218.2m297.7m303.2m

Accounts Receivable

(10.3m)(12.8m)2.5m6.4m

Inventories

(1.9m)(7.6m)(13.0m)7.2m

Accounts Payable

896.0k(732.0k)(4.3m)7.4m

Cash From Operating Activities

259.6m263.7m198.1m249.8m

Capital Expenditures

(400.1m)(391.4m)(117.8m)(38.7m)

Cash From Investing Activities

(372.7m)(378.9m)(127.8m)(46.5m)

Long-term Borrowings

(80.4m)(1.7b)(383.5m)

Dividends Paid

(3.9m)(15.4m)(8.4m)

Cash From Financing Activities

16.9m193.5m(313.3m)(188.2m)

Net Change in Cash

(96.0m)77.0m(241.7m)13.6m

Interest Paid

85.3m101.8m119.5m98.7m

Income Taxes Paid

1.7m931.0k(606.0k)(661.0k)

Free Cash Flow

(140.5m)(127.7m)80.3m211.1m

Iridium Communications Ratios

USDFY, 2017

Iridium Communications Operating Metrics

Iridium Communications's Subscribers was reported to be 1.4 m in Q3, 2020.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Patents (Foreign)

11111

Patents (US)

8814212127

Resellers

190195190180200200200215195200200200220220230230230240250250260270290285

Satellite Fleet

666666666666666666666666666666666666666666666666

Service Providers

707575757575758065707070140150150160130110110100100110130135

Subscribers

739 k748 k766 k781 k782 k788 k823 k838 k850 k869 k912 k949 k969 k996 k1.05 m1.09 m1.12 m1.15 m1.21 m1.27 m1.3 m1.33 m1.36 m1.43 m

Value-added Manufacturers

404550404560606580657070858585909090909090959595

Iridium Communications Human Capital

Gender

Feb, 2021
Female (Supervisory Board)16.7%
Male (Supervisory Board)83.3%