ASTSAST SpaceMobile, Inc.
Communications Services, NEC
- Revenue
- $71M
- 413% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$2.3B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired67% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $12M | $14M | $0 | $14M | $71M | 413% |
| Net income | −$31M | −$32M | −$88M | −$300M | −$342M | 14% |
| Operating cash flow | −$80M | −$156M | −$149M | −$126M | −$72M | 43% |
| Capex | $15M | $57M | $119M | $174M | $1.1B | 511% |
| Stock-based comp | $4M | $9M | $13M | $32M | $47M | 48% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $3M · 2
- Net
- −$3M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $14M | $18M | 615 | 103 |
| FY2024 | — | — | 179 | 94 |
| FY2023 | — | — | 51 | 85 |
| FY2022 | — | — | 41 | 75 |
| FY2021 | $9K | $9K | 67 | 101 |