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Iridium Communications Inc

Communication Services US IRDM

24.83USD
0.59(2.43%)

Last update at 2026-03-10T20:10:00Z

Day Range

23.8225.12
LowHigh

52 Week Range

24.1464.30
LowHigh

Fundamentals

  • Previous Close 24.24
  • Market Cap3591.87M
  • Volume1691589
  • P/E Ratio147.90
  • Dividend Yield1.73%
  • EBITDA402.18M
  • Revenue TTM789.30M
  • Revenue Per Share TTM6.33
  • Gross Profit TTM 519.88M
  • Diluted EPS TTM0.20

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 9.01M -28.88800M -88.96400M -218.11900M -20.64900M
Minority interest - - - - -
Net income 8.72M -9.31900M -56.05400M -161.99900M -13.38400M
Selling general administrative 123.50M 100.47M 90.05M 93.17M 97.85M
Selling and marketing expenses - - - - -
Gross profit 519.88M 464.10M 440.75M 415.30M 380.13M
Reconciled depreciation 303.48M 305.43M 303.17M 297.70M 218.21M
Ebit 76.68M 46.31M 35.48M 10.12M 41.65M
Ebitda 378.77M 351.33M 338.69M 306.69M 259.86M
Depreciation and amortization 302.10M 305.01M 303.21M 296.57M 218.21M
Non operating income net other -2.57600M -1.29600M 0.03M -1.13300M 0.14M
Operating income 76.68M 46.31M 35.48M 10.12M 41.65M
Other operating expenses 644.36M 568.19M 547.96M 550.32M 481.36M
Interest expense 65.09M 73.91M 94.27M 115.40M 62.44M
Tax provision 0.29M -19.56900M -32.91000M -56.12000M -7.26500M
Interest income - - - 115.40M 69.74M
Net interest income -65.08900M -73.90600M -94.27100M -115.39600M -62.44100M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.29M -19.56900M -32.91000M -56.12000M -7.26500M
Total revenue 721.03M 614.50M 583.44M 560.44M 523.01M
Total operating expenses 443.21M 417.79M 405.26M 405.18M 338.48M
Cost of revenue 201.15M 150.40M 142.69M 145.14M 142.87M
Total other income expense net -67.66500M -75.20200M -124.44700M -228.23900M 0.14M
Discontinued operations - - - - -
Net income from continuing ops 8.72M -9.31900M -56.05400M -161.99900M -13.38400M
Net income applicable to common shares 8.72M -9.31900M -56.05400M -166.19300M -23.53300M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2661.78M 2954.01M 3180.80M 3360.95M 3623.56M
Intangible assets 41.09M 42.58M 44.00M 45.50M 46.98M
Earning assets - - - - -
Other current assets 16.36M 15.38M 11.04M 9.46M 10.74M
Total liab 1773.68M 1825.46M 1892.85M 1941.51M 2164.28M
Total stockholder equity 888.10M 1128.56M 1287.95M 1419.44M 1459.28M
Deferred long term liab - 196.83M 182.35M 206.34M 255.75M
Other current liab 54.83M 67.96M 48.12M 49.50M 57.08M
Common stock 0.12M 0.13M 0.13M 0.13M 0.13M
Capital stock 0.12M 0.13M 0.13M 0.13M 0.13M
Retained earnings -235.39700M -47.74400M 140.81M 275.92M 331.97M
Other liab - 197.39M 182.91M 208.29M 257.27M
Good will - - - - -
Other assets - 23.85M 29.68M 43.00M 25.84M
Cash 71.87M 168.77M 320.91M 237.18M 223.56M
Cash and equivalents - - - - -
Total current liabilities 131.55M 141.58M 108.84M 113.07M 113.75M
Current deferred revenue 33.06M 35.74M 28.02M 32.41M 39.08M
Net debt 1410.62M 1318.41M 1277.10M 1376.48M 1552.81M
Short term debt 15.00M 16.50M 16.50M 16.77M 10.88M
Short long term debt 15.00M 16.50M 16.50M 16.77M 10.88M
Short long term debt total 1482.49M 1487.18M 1598.02M 1613.66M 1776.37M
Other stockholder equity 1089.47M 1124.61M 1154.06M 1160.57M 1134.05M
Property plant equipment - 2433.30M 2662.34M 2917.08M 3180.80M
Total current assets 271.08M 306.20M 424.41M 347.82M 342.94M
Long term investments 67.13M 49.85M - - -
Net tangible assets - 1128.56M 1287.95M 1419.44M 1459.28M
Short term investments - - - 7.55M -
Net receivables 91.72M 82.27M 63.41M 61.15M 68.70M
Long term debt 1467.49M 1470.68M 1581.52M 1596.89M 1412.50M
Inventory 91.14M 39.78M 29.04M 32.48M 39.94M
Accounts payable 28.67M 21.37M 16.20M 14.39M 6.71M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 33.91M 51.56M -7.05200M -17.18000M -6.86700M
Additional paid in capital - - - - -
Common stock total equity - 0.13M 0.13M 0.13M 0.13M
Preferred stock total equity - - - - -
Retained earnings total equity - -47.74400M 140.81M 275.92M 331.97M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -27.93400M -29.49700M 50.05M 50.55M 52.85M
Deferred long term asset charges - - - - -
Non current assets total 2390.69M 2647.81M 2756.39M 3013.13M 3280.62M
Capital lease obligations - - - - -
Long term debt total - 1470.68M 1581.52M 1596.89M 1412.50M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -50.00000M 5.76M -7.62900M 10.00M 12.48M
Change to liabilities 11.74M -7.61000M -26.27600M -18.07900M 51.19M
Total cashflows from investing activities -121.26700M -36.38200M -46.47000M -127.81900M -378.91200M
Net borrowings -116.50000M -20.55200M -2.56200M -28.80300M -21.23900M
Total cash from financing activities -374.98000M -182.46900M -188.18600M -313.28000M 193.50M
Change to operating activities 1.35M 4.30M -14.70600M -9.19300M 42.68M
Net income 8.72M -9.31900M -56.05400M -161.99900M -13.38400M
Change in cash -152.14300M 83.73M 13.62M -241.72600M 77.03M
Begin period cash flow 320.91M 237.18M 223.56M 465.29M 388.26M
End period cash flow 168.77M 320.91M 237.18M 223.56M 465.29M
Total cash from operating activities 344.73M 302.87M 249.77M 198.14M 263.71M
Issuance of capital stock - - - - -
Depreciation 303.48M 305.43M 303.17M 297.70M 218.21M
Other cashflows from investing activities - - - -10.00000M 12.48M
Dividends paid - 0.00000M 0.00000M 8.39M 15.43M
Change to inventory -10.18300M 3.59M 7.23M -12.95100M -7.57900M
Change to account receivables -18.71200M -1.82300M 6.38M 2.51M -12.78300M
Sale purchase of stock -257.05900M -163.44200M 12.71M 13.47M 12.45M
Other cashflows from financing activities -5.29300M 176.76M 207.64M 1430.07M 349.23M
Change to netincome 45.86M 6.19M -16.97000M -37.95900M 6.84M
Capital expenditures 71.27M 42.15M 38.69M 117.82M 391.39M
Change receivables -18.71200M -1.82300M 6.38M 2.51M -12.78300M
Cash flows other operating -0.78600M 2.21M 4.36M 11.07M 4.49M
Exchange rate changes - -0.28800M -1.49400M 1.23M -1.27000M
Cash and cash equivalents changes -151.51800M 83.73M 13.62M -241.72600M 77.03M
Change in working capital -17.94300M -3.62600M -15.37400M -30.37000M 35.12M
Stock based compensation 43.73M 26.78M 16.71M 15.14M 14.49M
Other non cash items 7.92M 4.92M 34.99M 131.57M 17.61M
Free cash flow 273.46M 260.73M 211.08M 80.32M -127.68100M

Peer Comparison

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)
IRDM
Iridium Communications Inc
0.59 2.43% 24.83 147.90 28.99 3.80 3.38 5.58 10.88
TMUS
T-Mobile US Inc
1.28 0.59% 218.78 22.58 17.86 2.42 2.94 3.79 10.97
VZ
Verizon Communications Inc
0.26 0.52% 50.71 7.54 8.04 1.17 1.60 2.42 6.50
CMCSA
Comcast Corp
0.03 0.10% 31.07 10.53 9.77 1.21 1.93 2.09 6.83
T
AT&T Inc
0.18 0.65% 27.71 - 6.67 0.96 1.13 2.18 14.08

Reports Covered

Stock Research & News

Profile

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services; and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and other government agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

Iridium Communications Inc

1750 Tysons Boulevard, McLean, VA, United States, 22102

Key Executives

Name Title Year Born
Mr. Matthew J. Desch CEO & Director 1958
Mr. Thomas J. Fitzpatrick CFO, Chief Admin. Officer & Director 1958
Ms. Suzanne E. McBride COO & Director 1969
Mr. Bryan J. Hartin Exec. VP of Sales & Marketing 1964
Mr. Scott T. Scheimreif Exec. VP of Gov. Programs 1969
Mr. Gregory Pelton Chief Technical Officer NA
Ms. Manjula Sriram VP & Chief Information Officer NA
Mr. Kenneth B. Levy VP of Investor Relations NA
Ms. Kathleen A. Morgan Chief Legal Officer & Company Sec. NA
Mr. Donald L. Thoma Pres & CEO of Aireon LLC 1962

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