Iridium Communications Inc.IRDM
Market cap
$1.7B
P/E ratio
| Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Services | - | - | - | - | - | - | - | - | - | - | 492 | 535 | 584 | 615 |
| Subscriber equipment | - | - | - | - | - | - | - | - | - | - | 92 | 135 | 105 | 91 |
| Engineering and support services | - | - | - | - | - | - | - | - | - | - | 30 | 52 | 101 | 124 |
| Total Revenue | - | - | - | - | - | - | - | - | - | - | 615 | 721 | 791 | 831 |
| Services | - | - | - | - | - | - | - | - | - | - | 97 | 115 | 159 | 178 |
| Subscriber equipment | - | - | - | - | - | - | - | - | - | - | 53 | 86 | 66 | 52 |
| Research and development | 19 | 16 | 11 | 18 | 16 | 16 | 15 | 22 | 14 | 12 | 12 | 16 | 20 | 28 |
| Selling, general and administrative | 66 | 68 | 75 | 79 | 81 | 83 | 84 | 98 | 93 | 90 | 100 | 124 | 144 | 168 |
| Depreciation and amortization | 98 | 81 | 75 | 73 | 52 | 49 | 122 | 218 | 298 | 303 | 305 | 303 | 320 | 203 |
| Total operating expenses | - | - | - | - | - | 257 | 347 | 481 | 550 | 548 | 568 | 644 | 709 | 630 |
| Operating income | 77 | 105 | 110 | 123 | 74 | 176 | 115 | 42 | 10 | 35 | 46 | 77 | 82 | 200 |
| Interest expense, net | 1 | 1 | 2 | 4 | 3 | 3 | 4 | -62 | -115 | -94 | -74 | -65 | -90 | -91 |
| Gain (Loss) on Extinguishment of Debt | - | - | - | - | - | - | - | 7 | - | - | -1 | -1 | - | - |
| Other income, net | -0 | -1 | 6 | -4 | -0 | 0 | -0 | 0 | -1 | 0 | -0 | 0 | 4 | 1 |
| Total other expense | -12 | -10 | 1 | -6 | -1 | 2 | 4 | -62 | -228 | -124 | -75 | -68 | -86 | -91 |
| Income (loss) before income taxes and equity in net earnings of affiliates | 65 | - | - | - | 73 | - | - | - | - | - | - | - | - | 110 |
| Income tax (expense) benefit | 25 | 30 | 48 | 41 | 66 | 67 | -114 | -7 | -56 | -33 | -20 | 0 | -26 | 12 |
| (Gain) loss on equity method investments | - | 1 | -3 | -4 | - | - | - | - | - | - | - | -1 | -6 | 15 |
| Net Income (Loss) Attributable to Parent, Total | 40 | 65 | 63 | 75 | 7 | 111 | 234 | -13 | -162 | -56 | -9 | 9 | 15 | 113 |
| Earnings Per Share, Basic | 0.55 | 0.85 | 0.72 | 0.71 | -0.09 | 1 | 2.23 | -0.22 | -1.33 | - | - | 0.07 | 0.12 | 0.95 |
| Earnings Per Share, Diluted | 0.54 | 0.83 | 0.71 | 0.69 | -0.09 | 0.89 | 1.82 | -0.22 | -1.33 | - | - | 0.07 | 0.12 | 0.94 |
| Net income | 40 | 65 | 63 | 75 | 7 | 111 | 234 | -13 | -162 | -56 | -9 | 9 | 15 | 113 |
| Foreign currency translation adjustments | - | -0 | -0 | -2 | -6 | 3 | 2 | -5 | 2 | -3 | -0 | -0 | -0 | -3 |
| Unrealized gain (loss) on cash flow hedges, net of tax | - | - | - | - | - | - | - | - | -0 | -7 | 10 | 59 | -18 | -12 |
| Comprehensive income (loss) | - | 64 | 62 | 73 | 1 | 115 | 236 | -18 | -160 | -66 | 1 | 67 | -2 | 97 |