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

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

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

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

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 523.0m | 560.4m | 583.4m |

| 17% | 7% | 4% |

## Cost of goods sold | 142.9m | 145.1m | 142.7m |

## Gross profit | 380.1m | 415.3m | 440.7m |

| 73% | 74% | 76% |

## R&D expense | 22.4m | 14.3m | 12.0m |

## General and administrative expense | 97.8m | 93.2m | 90.1m |

## Operating expense total | 338.5m | 405.2m | 405.3m |

## Depreciation and amortization | 218.2m | 297.7m | 303.2m |

## EBIT | 41.7m | 10.1m | 35.5m |

| 8% | 2% | 6% |

## Interest expense | 62.4m | 115.4m | 94.3m |

## 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) |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 273.4m | 223.6m | 237.2m |

## Accounts Receivable | 71.2m | 68.7m | 61.2m |

## Prepaid Expenses | 18.3m | 10.7m | 9.5m |

## Inventories | 27.5m | 39.9m | 32.5m |

## Current Assets | 390.4m | 342.9m | 347.8m |

## PP&E | 3.4b | 3.2b | 2.9b |

## Total Assets | 4.0b | 3.6b | 3.4b |

## Accounts Payable | 12.9m | 6.7m | 14.4m |

## Short-term debt | 155.4m | 18.7m | 17.0m |

## Current Liabilities | 262.7m | 113.8m | 113.1m |

## Long-term debt | 1.8b | 1.8b | 1.6b |

## Total Debt | 2.0b | 1.8b | 1.6b |

## Total Liabilities | 2.4b | 2.2b | 1.9b |

## Common Stock | 112.0k | 132.0k | 134.0k |

## Additional Paid-in Capital | 1.1b | 1.1b | 1.2b |

## Retained Earnings | 501.7m | 332.0m | 275.9m |

## Total Equity | 1.6b | 1.5b | 1.4b |

## Debt to Equity Ratio | 1.2 x | 1.2 x | 1.1 x |

## Debt to Assets Ratio | 0.5 x | 0.5 x | 0.5 x |

## Financial Leverage | 2.5 x | 2.5 x | 2.4 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Net Income | 233.9m | (13.4m) | (162.0m) | (56.1m) |

## Depreciation and Amortization | 122.3m | 218.2m | 297.7m | 303.2m |

## Accounts Receivable | (10.3m) | (12.8m) | 2.5m | 6.4m |

## Inventories | (1.9m) | (7.6m) | (13.0m) | 7.2m |

## Accounts Payable | 896.0k | (732.0k) | (4.3m) | 7.4m |

## Cash From Operating Activities | 259.6m | 263.7m | 198.1m | 249.8m |

## 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 | 16.9m | 193.5m | (313.3m) | (188.2m) |

## Net Change in Cash | (96.0m) | 77.0m | (241.7m) | 13.6m |

## Interest Paid | 85.3m | 101.8m | 119.5m | 98.7m |

## Income Taxes Paid | 1.7m | 931.0k | (606.0k) | (661.0k) |

## Free Cash Flow | (140.5m) | (127.7m) | 80.3m | 211.1m |

USD | FY, 2017 |
---|

Iridium Communications's Subscribers was reported to be 1.4 m in Q3, 2020.

FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Patents (Foreign) | 1 | 1 | 1 | 1 | 1 | |||||||||||||||||||

## Patents (US) | 8 | 8 | 14 | 21 | 21 | 27 | ||||||||||||||||||

## Resellers | 190 | 195 | 190 | 180 | 200 | 200 | 200 | 215 | 195 | 200 | 200 | 200 | 220 | 220 | 230 | 230 | 230 | 240 | 250 | 250 | 260 | 270 | 290 | 285 |

## Satellite Fleet | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 |

## Service Providers | 70 | 75 | 75 | 75 | 75 | 75 | 75 | 80 | 65 | 70 | 70 | 70 | 140 | 150 | 150 | 160 | 130 | 110 | 110 | 100 | 100 | 110 | 130 | 135 |

## Subscribers | 739 k | 748 k | 766 k | 781 k | 782 k | 788 k | 823 k | 838 k | 850 k | 869 k | 912 k | 949 k | 969 k | 996 k | 1.05 m | 1.09 m | 1.12 m | 1.15 m | 1.21 m | 1.27 m | 1.3 m | 1.33 m | 1.36 m | 1.43 m |

## Value-added Manufacturers | 40 | 45 | 50 | 40 | 45 | 60 | 60 | 65 | 80 | 65 | 70 | 70 | 85 | 85 | 85 | 90 | 90 | 90 | 90 | 90 | 90 | 95 | 95 | 95 |

Feb, 2021 | |
---|---|

Female (Supervisory Board) | 16.7% |

Male (Supervisory Board) | 83.3% |

- Source: investor.iridium.com