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
32
52w range compression, breakout-adjusted
Watched
8
7-day news volume + tape quietness
Sound
43
Margins, growth, FCF composite
Critical
83
Supply-chain concentration × demand
Pressure
45
Pricing Power
71.8%
Inflating
Numbers on the wire.
Market cap
$5.3B
P/E (TTM)
56.47
P/S (TTM)
5.96
EV / EBITDA
23.74
Gross margin
71.85%
Op margin
23.76%
Net margin
10.55%
FCF margin
—
Rev growth YoY
-13.10%
EPS growth YoY
-11.72%
ROE
20.12%
ROA
3.66%
Debt / Equity
3.73
Current ratio
2.78
Price / Book
12.30
Beta
0.86
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.
From the EDGAR wire.
From the tape.
- BenzingaSpaceX Is Stuffing Its Rockets With Starlink — And Everyone Else Is Getting Shut Out
- SeekingAlphaRocket Lab's Dilution Dilemma: Iridium Acquisition And Neutron's Ticking Clock
- BenzingaIridium Communications Partners With SKYWAVE's ORBCOMM To Help Heavy Equipment OEMs Build And Scale More Resilient Connected Services