Iridium Communications Inc (NASDAQ:IRDM)
47.32 USD
-2.590 5.189%Sponsored Reports
| Previous Close (in USD) | 49.91 |
|---|---|
| Change | -2.590 5.189% |
| 52 W H/L (in USD) | 64.305/24.140 |
| EBITDA (in USD) | 402.176M |
| PE Ratio | 147.90 |
| Volume | 3671332 |
| Diluted Eps TTM | 0.20 |
| Total Assets (in USD) | 2661.775M |
|---|---|
| Total Liabilities (in USD) | 1773.676M |
| Revenue TTM (in USD) | 789.303M |
| Cash (in USD) | 71.87M |
| Market Cap (in USD) | 3,591.870 M |
| Revenue Per Share TTM | 6.334 |
| Gross Profit TTM (in USD) | 519.885M |
Summary
Income Statement
Balance Sheet
Change in Cash
Operating Cash
Dividend Paid
Iridium Communications Inc
Employees: 760
Key Executives
| Sr. No. | Name | Title | Year Born |
|---|---|---|---|
| 1. | Mr. Matthew J. Desch | CEO & Director | 1958 |
| 2. | Mr. Thomas J. Fitzpatrick | CFO, Chief Admin. Officer & Director | 1958 |
| 3. | Ms. Suzanne E. McBride | COO & Director | 1969 |
| 4. | Mr. Bryan J. Hartin | Exec. VP of Sales & Marketing | 1964 |
| 5. | Mr. Scott T. Scheimreif | Exec. VP of Gov. Programs | 1969 |
| 6. | Mr. Gregory Pelton | Chief Technical Officer | NA |
| 7. | Ms. Manjula Sriram | VP & Chief Information Officer | NA |
| 8. | Mr. Kenneth B. Levy | VP of Investor Relations | NA |
| 9. | Ms. Kathleen A. Morgan | Chief Legal Officer & Company Sec. | NA |
| 10. | Mr. Donald L. Thoma | Pres & CEO of Aireon LLC | 1962 |
Peers
Sector: Communication Services
Industry: Telecom Services
| Company | Change (USD) | Price (USD) | Trailing PE(x) | Forward PE(x) | Price Sales TTM(x) | Price to Book Value(x) | Enterprise Value to Revenue(x) | Enterprise Value to EBITDA(x) |
|
TMUS
T-Mobile US Inc |
+3.280 1.765% | 186.57 | 22.580 | 17.857 | 2.418 | 2.935 | 3.792 | 10.972 |
|
DTEGY
Deutsche Telekom AG ADR |
+0.300 0.918% | 32.59 | 14.740 | 12.987 | 1.364 | 2.293 | 2.333 | 5.523 |
|
VZ
Verizon Communications Inc |
+1.170 2.493% | 47.41 | 7.540 | 8.039 | 1.169 | 1.604 | 2.421 | 6.497 |
|
T
AT&T Inc. |
+0.580 2.522% | 23.1 | 0.000 | 6.667 | 0.963 | 1.131 | 2.180 | 14.076 |
Income Statement
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Income Before Tax | 9.014M | -28.888M | -88.964M | -218.119M | -20.649M |
| Minority Interest | - | - | - | - | - |
| Net Income | 8.722M | -9.319M | -56.054M | -161.999M | -13.384M |
| Selling General Administrative | 123.504M | 100.474M | 90.052M | 93.165M | 97.846M |
| Gross Profit | 519.885M | 464.104M | 440.746M | 415.3M | 380.135M |
| Reconciled Depreciation | 303.484M | 305.431M | 303.174M | 297.705M | 218.207M |
| Ebit | 76.679M | 46.314M | 35.483M | 10.12M | 41.653M |
| Ebitda | 378.774M | 351.328M | 338.69M | 306.692M | 259.86M |
| Depreciation And Amortization | 302.095M | 305.014M | 303.207M | 296.572M | 218.207M |
| Operating Income | 76.679M | 46.314M | 35.483M | 10.12M | 41.653M |
| Other Operating Expenses | 644.355M | 568.186M | 547.956M | 550.324M | 481.355M |
| Interest Expense | 65.089M | 73.906M | 94.271M | 115.396M | 62.441M |
| Tax Provision | 0.292M | -19.569M | -32.91M | -56.12M | -7.265M |
| Interest Income | - | - | - | 115.396M | 69.741M |
| Net Interest Income | -65.089M | -73.906M | -94.271M | -115.396M | -62.441M |
| Income Tax Expense | 0.292M | -19.569M | -32.91M | -56.12M | -7.265M |
| Total Revenue | 721.034M | 614.5M | 583.439M | 560.444M | 523.008M |
| Total Operating Expenses | 443.206M | 417.79M | 405.263M | 405.18M | 338.482M |
| Cost Of Revenue | 201.149M | 150.396M | 142.693M | 145.144M | 142.873M |
| Total Other Income Expense Net | -67.665M | -75.202M | -124.447M | -228.239M | 0.139M |
| Net Income From Continuing Ops | 8.722M | -9.319M | -56.054M | -161.999M | -13.384M |
| Net Income Applicable To Common Shares | 8.722M | -9.319M | -56.054M | -166.193M | -23.533M |
Balance Sheet
(Currency in USD)| Breakdown | 31-12-2023 | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 |
|---|---|---|---|---|---|
| Total Assets | 2661.775M | 2954.011M | 3180.795M | 3360.949M | 3623.557M |
| Intangible Assets | 41.095M | 42.577M | 43.999M | 45.504M | 46.977M |
| Other Current Assets | 16.364M | 15.385M | 11.043M | 9.464M | 10.739M |
| Total Liab | 1773.676M | 1825.456M | 1892.848M | 1941.51M | 2164.275M |
| Total Stockholder Equity | 888.099M | 1128.555M | 1287.947M | 1419.439M | 1459.282M |
| Other Current Liab | 54.826M | 67.963M | 48.122M | 49.504M | 57.083M |
| Common Stock | 0.123M | 0.126M | 0.131M | 0.134M | 0.132M |
| Capital Stock | 0.123M | 0.126M | 0.131M | 0.134M | 0.132M |
| Retained Earnings | -235.397M | -47.744M | 140.81M | 275.915M | 331.969M |
| Good Will | - | - | - | - | - |
| Other Assets | - | 23.847M | 29.681M | 43M | 25.839M |
| Cash | 71.87M | 168.77M | 320.913M | 237.178M | 223.561M |
| Cash And Equivalents | - | - | - | - | - |
| Total Current Liabilities | 131.554M | 141.577M | 108.836M | 113.072M | 113.751M |
| Current Deferred Revenue | 33.057M | 35.742M | 28.018M | 32.412M | 39.08M |
| Net Debt | 1410.62M | 1318.415M | 1277.103M | 1376.481M | 1552.809M |
| Short Term Debt | 15M | 16.5M | 16.5M | 16.766M | 10.875M |
| Short Long Term Debt | 15M | 16.5M | 16.5M | 16.766M | 10.875M |
| Short Long Term Debt Total | 1482.49M | 1487.185M | 1598.016M | 1613.659M | 1776.37M |
| Other Stockholder Equity | 1089.466M | 1124.61M | 1154.058M | 1160.57M | 1134.048M |
| Property Plant Equipment | - | 2433.305M | 2662.336M | 2917.076M | 3180.799M |
| Total Current Assets | 271.084M | 306.204M | 424.41M | 347.821M | 342.935M |
| Long Term Investments | 67.13M | 49.853M | - | - | - |
| Short Term Investments | - | - | - | 7.548M | - |
| Net Receivables | 91.715M | 82.273M | 63.41M | 61.151M | 68.697M |
| Long Term Debt | 1467.49M | 1470.685M | 1581.516M | 1596.893M | 1412.501M |
| Inventory | 91.135M | 39.776M | 29.044M | 32.48M | 39.938M |
| Accounts Payable | 28.671M | 21.372M | 16.196M | 14.39M | 6.713M |
| Accumulated Other Comprehensive Income | 33.907M | 51.563M | -7.052M | -17.18M | -6.867M |
| Non Currrent Assets Other | -27.934M | -29.497M | 50.05M | 50.548M | 52.846M |
| Non Current Assets Total | 2390.691M | 2647.807M | 2756.385M | 3013.128M | 3280.622M |
| Capital Lease Obligations | - | - | - | - | - |
| Long Term Debt Total | - | 1470.685M | 1581.516M | 1596.893M | 1412.501M |
Cash Flow
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Investments | -50M | 5.765M | -7.629M | 10M | 12.478M |
| Total Cashflows From Investing Activities | -121.267M | -36.382M | -46.47M | -127.819M | -378.912M |
| Total Cash From Financing Activities | -374.98M | -182.469M | -188.186M | -313.28M | 193.503M |
| Net Income | 8.722M | -9.319M | -56.054M | -161.999M | -13.384M |
| Change In Cash | -152.143M | 83.735M | 13.617M | -241.726M | 77.03M |
| Begin Period Cash Flow | 320.913M | 237.178M | 223.561M | 465.287M | 388.257M |
| End Period Cash Flow | 168.77M | 320.913M | 237.178M | 223.561M | 465.287M |
| Total Cash From Operating Activities | 344.729M | 302.874M | 249.767M | 198.143M | 263.709M |
| Depreciation | 303.484M | 305.431M | 303.174M | 297.705M | 218.207M |
| Other Cashflows From Investing Activities | - | - | - | -10M | 12.478M |
| Dividends Paid | - | 0M | 0M | 8.387M | 15.427M |
| Change To Inventory | -10.183M | 3.592M | 7.234M | -12.951M | -7.579M |
| Sale Purchase Of Stock | -257.059M | -163.442M | 12.715M | 13.471M | 12.445M |
| Other Cashflows From Financing Activities | -5.293M | 176.758M | 207.64M | 1430.072M | 349.225M |
| Capital Expenditures | 71.267M | 42.147M | 38.689M | 117.819M | 391.39M |
| Change In Working Capital | -17.943M | -3.626M | -15.374M | -30.37M | 35.119M |
| Other Non Cash Items | 7.923M | 4.92M | 34.991M | 131.566M | 17.611M |
| Free Cash Flow | 273.462M | 260.727M | 211.078M | 80.324M | -127.681M |
Funds
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Baron Small Cap Growth Strategy | 2 years ago | 7375000 |
| 2. | Baron Growth Retail | 2 years ago | 7375000 |
| 3. | iShares Core S&P Mid-Cap ETF | 2 years ago | 3843374 |
| 4. | Vanguard Total Stock Mkt Idx Inv | 2 years ago | 3464891 |
| 5. | Vanguard Small Cap Index | 2 years ago | 2804048 |
| 6. | Baron Partners Retail | 2 years ago | 2075000 |
| 7. | ARK Autonomous Technology&Robotics ETF | 2 years ago | 1956570 |
| 8. | ARK Industrial Innovation | 2 years ago | 1932177 |
| 9. | Vanguard Institutional Extnd Mkt Idx Tr | 2 years ago | 1851741 |
| 10. | ClearBridge Small Cap Growth A | 2 years ago | 1748869 |
| 11. | ClearBridge Small Cap Growth | 2 years ago | 1678769 |
| 12. | Vanguard Small Cap Growth Index Inv | 2 years ago | 1578183 |
| 13. | Vanguard Explorer Inv | 2 years ago | 1009697 |
| 14. | SPDR® S&P MIDCAP 400 ETF Trust | 2 years ago | 1008363 |
| 15. | American Funds SMALLCAP World A | 2 years ago | 1000000 |
| 16. | Nikko AM ARK Pstv Chg Innovt P JPY Acc | 2 years ago | 889920 |
| 17. | T. Rowe Price Integrated US Sm Gr Eq | 2 years ago | 871700 |
| 18. | State St Russell Sm/Mid Cp® Indx NL Cl C | 2 years ago | 748870 |
| 19. | Baron Focused Growth Retail | 2 years ago | 730000 |
| 20. | Baron Focused Growth Strategy | 2 years ago | 730000 |
Institutions
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | BAMCO Inc | 2 years ago | 14045775 |
| 2. | Vanguard Group Inc | 2 years ago | 11753337 |
| 3. | BlackRock Inc | 2 years ago | 11379311 |
| 4. | Capital Research & Mgmt Co - Division 3 | 2 years ago | 7403313 |
| 5. | State Street Corporation | 2 years ago | 4290627 |
| 6. | Van Berkom and Associates Inc | 2 years ago | 2735294 |
| 7. | Silver Heights Capital Management Inc. | 2 years ago | 2656227 |
| 8. | ARK Investment Management LLC | 2 years ago | 2573180 |
| 9. | ClearBridge Advisors, LLC | 2 years ago | 2266706 |
| 10. | Sumitomo Mitsui Trust Holdings Inc | 2 years ago | 2089600 |
| 11. | Geode Capital Management, LLC | 2 years ago | 2039614 |
| 12. | Dimensional Fund Advisors, Inc. | 2 years ago | 1927109 |
| 13. | Northern Trust Corp | 2 years ago | 1796495 |
| 14. | Nikko Asset Management Americas Inc | 2 years ago | 1743482 |
| 15. | Amvescap Plc. | 2 years ago | 1678832 |
| 16. | Capital World Investors | 2 years ago | 1563868 |
| 17. | ArrowMark Colorado Holdings, LLC (ArrowMark Partners) | 2 years ago | 1559139 |
| 18. | NORGES BANK | 2 years ago | 1338173 |
| 19. | Charles Schwab Investment Management Inc | 2 years ago | 1266812 |
| 20. | T. Rowe Price Associates, Inc. | 2 years ago | 1250039 |
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