IRDM — Iridium Communications Inc.

Satellite voice and data communications company operating a 66-satellite LEO constellation providing global pole-to-pole coverage; serves maritime, aviation, government, and IoT markets.

Coiled

52w range compression, breakout-adjusted

Watched

7-day news volume + tape quietness

Sound

Margins, growth, FCF composite

Critical

Supply-chain concentration × demand

Pressure

Pricing Power

71.6%

Inflating

Numbers on the wire.

Market cap

$4.9B

P/E (TTM)

46.83

P/S (TTM)

5.64

EV / EBITDA

21.62

Gross margin

71.57%

Op margin

25.84%

Net margin

12.05%

FCF margin

—

Rev growth YoY

-12.55%

EPS growth YoY

-6.26%

ROE

22.76%

ROA

4.15%

Debt / Equity

3.76

Current ratio

2.85

Price / Book

6.26

Beta

0.90

Layer Presence.

Space & SatellitesGround stations, satellite control systems, telemetry infrastructure, and satellite communications services.64%

Iridium is the only truly global satellite voice and data network (polar coverage including Arctic/Antarctic where geostationary satellites cannot reach). Iridium NEXT constellation (launched 2017-2019) has an estimated 15-year lifespan. IoT/machine-to-machine messaging via Short Burst Data (SBD) and Iridium Certus broadband are growth verticals. Recurring subscription revenue provides stable FCF. Risk: limited bandwidth versus Starlink/OneWeb for high-throughput broadband; ASTS direct-to-device competition in mobile segment.

IRDM — Iridium Communications Inc.

Numbers on the wire.

Layer Presence.

From the EDGAR wire.

From the tape.