VOYGVoyager Technologies, Inc./TX
Guided Missiles & Space Vehicles & Parts
- Revenue
- $166M
- 15% YoY
- Operating margin
- -65.2%
- 94% YoY
- EBITDA
- −$95M
- 173% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- 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 SBCFired11% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear16% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|
| Revenue | $136M | $144M | $166M | 15% |
| Operating income | −$14M | −$48M | −$108M | 124% |
| Net income | −$25M | −$62M | −$105M | 69% |
| Operating cash flow | −$15M | −$26M | −$61M | 139% |
| Capex | $17M | $83M | $145M | 75% |
| Stock-based comp | $3M | $4M | $19M | 403% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.