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AST SpaceMobile (ASTS) Financials

AST SpaceMobile logo
$22.74 -0.17 (-0.74%)
As of 12:51 PM Eastern
Annual Income Statements for AST SpaceMobile

Annual Income Statements for AST SpaceMobile

This table shows AST SpaceMobile's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-24 -31 -32 -88 -300
Consolidated Net Income / (Loss)
-24 -73 -103 -223 -526
Net Income / (Loss) Continuing Operations
-24 -73 -103 -223 -526
Total Pre-Tax Income
-24 -73 -102 -221 -525
Total Operating Income
-24 -87 -146 -222 -243
Total Gross Profit
2.94 4.84 14 0.00 4.42
Total Revenue
5.97 12 14 0.00 4.42
Operating Revenue
5.97 12 14 0.00 4.42
Total Cost of Revenue
3.03 7.56 0.00 0.00 0.00
Total Operating Expenses
27 92 160 222 247
Selling, General & Admin Expense
25 65 103 120 155
Research & Development Expense
1.01 23 46 47 29
Depreciation Expense
0.89 2.91 4.71 54 63
Other Operating Expenses / (Income)
- - 6.71 0.00 0.00
Total Other Income / (Expense), net
0.08 14 43 1.37 -282
Interest Expense
- - 0.22 4.51 30
Interest & Investment Income
0.08 -1.95 24 -3.10 16
Other Income / (Expense), net
0.00 16 19 8.99 -269
Income Tax Expense
0.13 0.33 0.62 1.68 1.33
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.34 -43 -71 -135 -226
Basic Earnings per Share
$0.00 ($0.37) ($0.58) ($1.07) ($1.94)
Weighted Average Basic Shares Outstanding
0.00 51.73M 54.44M 81.82M 154.50M
Diluted Earnings per Share
$0.00 ($0.37) ($0.58) ($1.07) ($1.94)
Weighted Average Diluted Shares Outstanding
0.00 51.73M 54.44M 81.82M 154.50M
Weighted Average Basic & Diluted Shares Outstanding
0.00 51.73M 200.08M 138.13M 316.49M

Quarterly Income Statements for AST SpaceMobile

This table shows AST SpaceMobile's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-9.77 -8.23 -16 -18 -21 -32 -20 -73 -172 -36
Consolidated Net Income / (Loss)
-32 -25 -45 -50 -51 -77 -40 -131 -303 -52
Net Income / (Loss) Continuing Operations
-32 -25 -45 -50 -51 -77 -40 -131 -303 -52
Total Pre-Tax Income
-32 -25 -45 -50 -50 -75 -40 -131 -302 -52
Total Operating Income
-40 -43 -44 -58 -59 -61 -56 -63 -66 -59
Total Gross Profit
1.64 6.71 0.00 0.00 0.00 - 0.50 0.90 1.10 1.92
Total Revenue
4.17 -0.00 0.00 0.00 0.00 - 0.50 0.90 1.10 1.92
Operating Revenue
4.17 -0.00 0.00 0.00 0.00 - 0.50 0.90 1.10 1.92
Total Operating Expenses
42 49 44 58 59 61 56 64 67 61
Selling, General & Admin Expense
27 27 26 33 31 31 32 39 37 47
Research & Development Expense
14 15 16 11 9.42 11 4.26 4.46 15 5.34
Depreciation Expense
1.17 1.25 1.73 14 19 20 20 20 15 8.46
Total Other Income / (Expense), net
8.98 17 -0.65 7.69 8.48 -14 16 -68 -237 6.78
Interest Expense
- - -2.09 -1.72 -0.50 8.82 2.22 2.24 1.39 24
Interest & Investment Income
25 0.16 -10 -0.51 0.51 7.13 -0.00 0.25 1.41 14
Other Income / (Expense), net
-16 17 7.50 6.48 7.48 -12 18 -66 -237 16
Income Tax Expense
0.55 0.06 0.12 -0.79 0.27 2.09 0.29 0.23 0.65 0.16
Net Income / (Loss) Attributable to Noncontrolling Interest
-22 -17 -29 -31 -30 -45 -20 -59 -131 -16
Basic Earnings per Share
($0.18) ($0.13) ($0.23) ($0.24) ($0.23) ($0.37) ($0.16) ($0.51) ($1.10) ($0.17)
Weighted Average Basic Shares Outstanding
53.23M 54.44M 71.85M 75.64M 89.51M 81.82M 121.45M 141.19M 155.64M 154.50M
Diluted Earnings per Share
($0.18) ($0.13) ($0.23) ($0.24) ($0.23) ($0.37) ($0.16) ($0.51) ($1.10) ($0.17)
Weighted Average Diluted Shares Outstanding
53.23M 54.44M 71.85M 75.64M 89.51M 81.82M 121.45M 141.19M 155.64M 154.50M
Weighted Average Basic & Diluted Shares Outstanding
185.19M 200.08M 204.13M 217.68M - 138.13M 257.53M 269.39M 289.73M 316.49M

Annual Cash Flow Statements for AST SpaceMobile

This table details how cash moves in and out of AST SpaceMobile's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
9.10 282 -85 -151 479
Net Cash From Operating Activities
-23 -80 -156 -149 -126
Net Cash From Continuing Operating Activities
-30 -80 -157 -149 -126
Net Income / (Loss) Continuing Operations
-24 -73 -103 -223 -526
Consolidated Net Income / (Loss)
-24 -73 -103 -223 -526
Depreciation Expense
0.67 2.91 4.71 54 63
Amortization Expense
0.22 - 0.00 1.16 3.73
Non-Cash Adjustments To Reconcile Net Income
0.06 -11 -34 4.46 312
Changes in Operating Assets and Liabilities, net
-6.54 1.71 -24 14 21
Net Cash From Investing Activities
-30 -55 -31 -119 -174
Net Cash From Continuing Investing Activities
-30 -55 -31 -119 -174
Purchase of Property, Plant & Equipment
-8.12 -15 -57 -119 -174
Divestitures
- 0.00 26 0.00 0.00
Net Cash From Financing Activities
70 417 102 117 780
Net Cash From Continuing Financing Activities
70 417 102 117 780
Repayment of Debt
-2.53 - 0.00 -9.90 -58
Repurchase of Common Equity
-7.75 - -2.75 -0.87 -12
Issuance of Debt
0.10 0.05 0.23 64 145
Issuance of Common Equity
- 0.00 105 65 557
Other Financing Activities, net
0.00 417 0.01 -0.87 148
Effect of Exchange Rate Changes
-0.17 -0.29 0.20 -0.14 -0.26
Cash Interest Paid
0.03 0.01 0.22 3.24 12
Cash Income Taxes Paid
0.13 0.19 0.68 0.49 1.67

Quarterly Cash Flow Statements for AST SpaceMobile

This table details how cash moves in and out of AST SpaceMobile's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-2.84 40 -54 5.78 -56 -48 124 75 231 49
Net Cash From Operating Activities
-33 -35 -38 -50 -36 -25 -48 -16 -33 -28
Net Cash From Continuing Operating Activities
-33 -35 -38 -50 -36 -25 -48 -16 -33 -28
Net Income / (Loss) Continuing Operations
-32 -25 -45 -50 -51 -77 -40 -131 -303 -52
Consolidated Net Income / (Loss)
-32 -25 -45 -50 -51 -77 -40 -131 -303 -52
Depreciation Expense
1.17 1.25 1.73 14 19 20 20 20 15 8.46
Amortization Expense
- - 0.00 - 0.37 0.78 0.90 1.00 1.15 0.69
Non-Cash Adjustments To Reconcile Net Income
-6.11 -15 -5.02 -0.94 -4.84 15 -13 80 244 1.04
Changes in Operating Assets and Liabilities, net
4.07 3.90 11 -14 0.13 17 -16 14 10 13
Net Cash From Investing Activities
14 -12 -15 -7.58 -73 -22 -40 -22 -30 -82
Net Cash From Continuing Investing Activities
14 -12 -15 -7.58 -73 -22 -40 -22 -30 -82
Purchase of Property, Plant & Equipment
13 -37 -15 -7.58 -73 -22 -40 -22 -30 -82
Net Cash From Financing Activities
17 85 0.04 64 54 -0.64 212 114 295 160
Net Cash From Continuing Financing Activities
17 85 0.04 64 54 -0.64 212 114 295 160
Repayment of Debt
- - -0.06 -0.06 -9.71 -0.06 -5.22 -0.06 -4.34 -49
Repurchase of Common Equity
- - - - -0.81 0.66 - - -4.15 -5.25
Issuance of Common Equity
17 88 0.10 64 0.76 -0.36 108 82 152 215
Other Financing Activities, net
-0.02 - 0.00 - - -0.87 -0.31 -0.93 151 -1.57
Effect of Exchange Rate Changes
-0.74 1.26 -0.48 0.02 0.06 0.25 -0.15 - - -0.42
Cash Interest Paid
- - 0.05 0.05 0.97 2.17 2.21 2.22 2.27 5.29
Cash Income Taxes Paid
- - 0.28 0.09 0.14 -0.02 0.71 0.19 0.23 0.53

Annual Balance Sheets for AST SpaceMobile

This table presents AST SpaceMobile's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Total Assets
232 100 444 438 361 955
Total Current Assets
0.62 51 336 268 107 600
Cash & Equivalents
0.49 43 322 239 86 565
Restricted Cash
- 0.00 2.75 0.67 2.48 2.55
Prepaid Expenses
0.13 1.25 2.83 4.10 4.59 7.89
Other Current Assets
- 2.23 4.85 25 14 25
Plant, Property, & Equipment, net
0.00 37 96 146 238 338
Total Noncurrent Assets
231 12 12 24 16 17
Other Noncurrent Operating Assets
- 7.21 8.55 24 16 17
Total Liabilities & Shareholders' Equity
232 100 444 438 361 955
Total Liabilities
24 20 92 79 147 285
Total Current Liabilities
0.27 13 21 28 46 76
Short-Term Debt
- - - 0.24 0.25 2.92
Accounts Payable
0.24 4.99 6.64 14 21 17
Accrued Expenses
- 4.22 7.47 13 24 12
Other Current Liabilities
- 0.50 0.63 0.72 1.47 44
Total Noncurrent Liabilities
8.05 6.54 71 51 101 209
Long-Term Debt
- 0.00 5.00 4.76 59 156
Other Noncurrent Operating Liabilities
8.05 6.54 66 46 42 54
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
5.00 80 352 360 214 669
Total Preferred & Common Equity
5.00 77 100 134 99 479
Total Common Equity
5.00 77 100 134 99 479
Common Stock
7.88 118 171 235 288 969
Retained Earnings
-2.88 -40 -70 -102 -190 -490
Accumulated Other Comprehensive Income / (Loss)
- -0.17 -0.43 0.23 0.23 -0.18
Noncontrolling Interest
- 2.49 252 226 115 190

Quarterly Balance Sheets for AST SpaceMobile

This table presents AST SpaceMobile's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
386 401 408 502 580 822
Total Current Assets
225 227 222 240 315 546
Cash & Equivalents
199 185 191 210 285 516
Restricted Cash
0.66 0.65 0.64 2.47 2.48 2.50
Prepaid Expenses
5.65 3.23 7.13 5.03 7.36 7.07
Other Current Assets
20 38 23 22 20 20
Plant, Property, & Equipment, net
136 159 172 245 248 260
Total Noncurrent Assets
25 15 15 17 16 16
Other Noncurrent Operating Assets
25 15 15 17 16 16
Total Liabilities & Shareholders' Equity
386 401 408 502 580 822
Total Liabilities
90 84 73 216 338 319
Total Current Liabilities
21 36 31 32 49 94
Short-Term Debt
- - - 0.26 0.26 45
Accounts Payable
9.55 11 5.11 15 12 8.96
Accrued Expenses
11 23 24 16 14 16
Other Current Liabilities
0.80 0.95 1.31 1.51 23 24
Total Noncurrent Liabilities
68 48 42 184 288 225
Long-Term Debt
4.82 4.70 4.63 161 200 156
Other Noncurrent Operating Liabilities
64 44 37 23 89 69
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
297 317 336 286 242 503
Total Preferred & Common Equity
91 119 146 165 145 309
Total Common Equity
91 119 146 165 145 309
Common Stock
185 237 283 374 427 762
Retained Earnings
-94 -118 -137 -209 -282 -454
Accumulated Other Comprehensive Income / (Loss)
-0.27 0.18 0.16 0.12 0.05 0.35
Noncontrolling Interest
205 198 190 121 97 194

Annual Metrics and Ratios for AST SpaceMobile

This table displays calculated financial ratios and metrics derived from AST SpaceMobile's official financial filings.

Metric 2020 2021 2022 2023 2024
Growth Metrics
- - - - -
Revenue Growth
0.00% 107.89% 11.45% -100.00% 0.00%
EBITDA Growth
0.00% -190.02% -79.15% -29.37% -181.65%
EBIT Growth
0.00% -191.42% -78.43% -68.48% -139.66%
NOPAT Growth
0.00% -256.14% -68.04% -52.55% -9.17%
Net Income Growth
0.00% -200.19% -40.75% -115.95% -136.36%
EPS Growth
0.00% 0.00% -56.76% -84.48% -81.31%
Operating Cash Flow Growth
0.00% -251.19% -95.35% 4.81% 15.31%
Free Cash Flow Firm Growth
0.00% 0.00% -248.85% -10.19% -13.96%
Invested Capital Growth
0.00% -12.83% 287.14% 47.30% 40.62%
Revenue Q/Q Growth
0.00% 23.42% -31.07% 100.00% 76.72%
EBITDA Q/Q Growth
0.00% 5.84% -13.32% -22.23% 4.23%
EBIT Q/Q Growth
0.00% 5.05% -13.15% -29.16% 5.69%
NOPAT Q/Q Growth
0.00% -33.08% -10.73% -8.95% 0.88%
Net Income Q/Q Growth
0.00% 4.01% -13.52% -30.49% 4.54%
EPS Q/Q Growth
0.00% 0.00% -16.00% -28.92% 9.35%
Operating Cash Flow Q/Q Growth
0.00% -17.17% -9.49% 6.37% -2.89%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% -1.96% -425.79% 31.21%
Invested Capital Q/Q Growth
0.00% 1,102.19% 23.15% 0.00% 40.75%
Profitability Metrics
- - - - -
Gross Margin
49.30% 39.03% 100.00% 0.00% 100.00%
EBITDA Margin
-393.33% -548.71% -882.02% 0.00% -10,056.93%
Operating Margin
-408.20% -699.28% -1,054.35% 0.00% -5,494.84%
EBIT Margin
-408.20% -572.19% -916.09% 0.00% -11,575.12%
Profit (Net Income) Margin
-409.00% -590.58% -745.84% 0.00% -11,913.31%
Tax Burden Percent
100.54% 100.45% 100.60% 100.76% 100.25%
Interest Burden Percent
99.66% 102.75% 80.93% 103.57% 102.66%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-45.82% -174.38% -129.15% 0.00% -76.36%
ROIC Less NNEP Spread (ROIC-NNEP)
-28.63% -167.45% -128.76% 0.00% 86.51%
Return on Net Nonoperating Assets (RNNOA)
15.31% 140.46% 100.18% 0.00% -42.89%
Return on Equity (ROE)
-30.51% -33.92% -28.97% -77.67% -119.25%
Cash Return on Invested Capital (CROIC)
0.00% -160.66% -247.04% -138.50% -110.13%
Operating Return on Assets (OROA)
-14.70% -26.12% -28.71% 0.00% -77.75%
Return on Assets (ROA)
-14.72% -26.96% -23.37% 0.00% -80.02%
Return on Common Equity (ROCE)
-29.62% -13.96% -9.52% -31.50% -78.10%
Return on Equity Simple (ROE_SIMPLE)
-31.49% -73.06% -77.22% -224.95% -109.85%
Net Operating Profit after Tax (NOPAT)
-17 -61 -102 -156 -170
NOPAT Margin
-285.74% -489.50% -738.05% 0.00% -3,846.39%
Net Nonoperating Expense Percent (NNEP)
-17.19% -6.92% -0.39% -51.00% -162.87%
Return On Investment Capital (ROIC_SIMPLE)
- - -27.97% -57.00% -20.53%
Cost of Revenue to Revenue
50.70% 60.97% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
425.69% 525.88% 741.73% 0.00% 3,509.67%
R&D to Revenue
16.94% 188.96% 329.98% 0.00% 651.49%
Operating Expenses to Revenue
457.50% 738.32% 1,154.35% 0.00% 5,594.84%
Earnings before Interest and Taxes (EBIT)
-24 -71 -127 -213 -511
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-23 -68 -122 -158 -444
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
5.04 14.37 6.68 13.26 12.76
Price to Tangible Book Value (P/TBV)
5.34 14.91 6.68 13.26 12.76
Price to Revenue (P/Rev)
65.43 116.19 64.57 0.00 1,383.75
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
9.41 42.35 7.05 7.56 22.66
Enterprise Value to Revenue (EV/Rev)
58.68 110.72 63.99 0.00 1,334.18
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - -
Debt to Equity
0.00 0.01 0.01 0.28 0.24
Long-Term Debt to Equity
0.00 0.01 0.01 0.28 0.23
Financial Leverage
-0.53 -0.84 -0.78 -0.46 -0.50
Leverage Ratio
3.90 1.26 1.24 1.39 1.49
Compound Leverage Factor
3.89 1.29 1.00 1.44 1.53
Debt to Total Capital
0.00% 1.40% 1.37% 21.79% 19.15%
Short-Term Debt to Total Capital
0.00% 0.00% 0.07% 0.09% 0.35%
Long-Term Debt to Total Capital
0.00% 1.40% 1.30% 21.70% 18.80%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
3.11% 70.51% 62.03% 41.96% 22.96%
Common Equity to Total Capital
96.89% 28.09% 36.60% 36.25% 57.89%
Debt to EBITDA
0.00 -0.07 -0.04 -0.38 -0.36
Net Debt to EBITDA
0.00 4.69 1.92 0.18 0.92
Long-Term Debt to EBITDA
0.00 -0.07 -0.04 -0.38 -0.35
Debt to NOPAT
0.00 -0.08 -0.05 -0.38 -0.93
Net Debt to NOPAT
0.00 5.26 2.30 0.18 2.41
Long-Term Debt to NOPAT
0.00 -0.08 -0.05 -0.38 -0.92
Altman Z-Score
11.06 9.53 6.23 2.86 11.03
Noncontrolling Interest Sharing Ratio
2.93% 58.84% 67.15% 59.45% 34.51%
Liquidity Ratios
- - - - -
Current Ratio
3.88 15.71 9.65 2.31 7.90
Quick Ratio
3.42 15.15 8.58 1.85 7.44
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
0.00 -56 -195 -215 -245
Operating Cash Flow to CapEx
-280.77% -531.13% -273.14% -125.36% -72.44%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 -903.56 -47.67 -8.27
Operating Cash Flow to Interest Expense
0.00 0.00 -724.37 -33.02 -4.26
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 -989.57 -59.35 -10.13
Efficiency Ratios
- - - - -
Asset Turnover
0.04 0.05 0.03 0.00 0.01
Accounts Receivable Turnover
0.00 5.83 0.00 0.00 0.00
Inventory Turnover
0.00 3.78 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.19 0.11 0.00 0.02
Accounts Payable Turnover
1.16 1.30 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 62.58 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 96.59 0.00 0.00 0.00
Days Payable Outstanding (DPO)
315.54 280.59 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
-315.54 -121.41 0.00 0.00 0.00
Capital & Investment Metrics
- - - - -
Invested Capital
37 32 126 185 260
Invested Capital Turnover
0.16 0.36 0.18 0.00 0.02
Increase / (Decrease) in Invested Capital
0.00 -4.78 93 59 75
Enterprise Value (EV)
350 1,374 885 1,399 5,894
Market Capitalization
390 1,441 893 1,313 6,113
Book Value per Share
$2.70 $0.55 $0.72 $0.45 $1.65
Tangible Book Value per Share
$2.54 $0.53 $0.72 $0.45 $1.65
Total Capital
80 357 365 273 828
Total Debt
0.00 5.00 5.00 60 158
Total Long-Term Debt
0.00 5.00 4.76 59 156
Net Debt
-43 -320 -234 -29 -409
Capital Expenditures (CapEx)
8.12 15 57 119 174
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-4.96 -10 1.50 -27 -40
Debt-free Net Working Capital (DFNWC)
38 314 241 61 527
Net Working Capital (NWC)
38 314 241 61 524
Net Nonoperating Expense (NNE)
7.36 13 1.08 67 356
Net Nonoperating Obligations (NNO)
-43 -320 -234 -29 -409
Total Depreciation and Amortization (D&A)
0.89 2.91 4.71 56 67
Debt-free, Cash-free Net Working Capital to Revenue
-83.16% -81.51% 10.85% 0.00% -912.43%
Debt-free Net Working Capital to Revenue
633.74% 2,534.67% 1,741.45% 0.00% 11,933.52%
Net Working Capital to Revenue
633.74% 2,534.67% 1,739.70% 0.00% 11,867.45%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$0.00 ($0.37) ($0.58) ($1.07) ($1.94)
Adjusted Weighted Average Basic Shares Outstanding
0.00 181.58M 54.44M 81.82M 154.50M
Adjusted Diluted Earnings per Share
$0.00 ($0.37) ($0.58) ($1.07) ($1.94)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 181.58M 54.44M 81.82M 154.50M
Adjusted Basic & Diluted Earnings per Share
$0.00 ($0.37) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 51.73M 200.08M 138.13M 316.49M
Normalized Net Operating Profit after Tax (NOPAT)
-17 -61 -102 -156 -170
Normalized NOPAT Margin
-285.74% -489.50% -738.05% 0.00% -3,846.39%
Pre Tax Income Margin
-406.80% -587.91% -741.38% 0.00% -11,883.25%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
0.00 0.00 -586.34 -47.30 -17.25
NOPAT to Interest Expense
0.00 0.00 -472.38 -34.51 -5.73
EBIT Less CapEx to Interest Expense
0.00 0.00 -851.55 -73.64 -23.12
NOPAT Less CapEx to Interest Expense
0.00 0.00 -737.59 -60.84 -11.61
Payout Ratios
- - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-31.74% 0.00% -2.66% -0.39% -2.31%

Quarterly Metrics and Ratios for AST SpaceMobile

This table displays calculated financial ratios and metrics derived from AST SpaceMobile's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
70.12% -100.02% -100.00% -100.00% -100.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Growth
-415.40% -149.60% 4.06% -513.62% 41.89% -121.53% 53.32% -187.46% -793.89% 37.02%
EBIT Growth
-438.89% -140.96% 2.27% -607.46% 8.68% -191.45% -0.89% -150.28% -487.48% 42.04%
NOPAT Growth
-24.59% -49.58% -37.49% -91.38% -45.66% -42.87% -24.85% -8.48% -11.16% 3.54%
Net Income Growth
-290.74% -95.89% -19.29% -514.64% -58.33% -207.39% 11.97% -164.88% -497.23% 32.45%
EPS Growth
-357.14% -160.00% -9.52% -300.00% -27.78% -184.62% 30.43% -112.50% -378.26% 54.05%
Operating Cash Flow Growth
-62.64% -63.11% 20.58% -22.58% -9.52% 28.94% -27.53% 67.86% 7.28% -14.21%
Free Cash Flow Firm Growth
-278.86% -710.82% 52.70% 59.83% 147.56% 17.04% -35.59% 36.08% -480.09% -13.95%
Invested Capital Growth
3,679.39% 287.14% 106.87% 32.15% 0.00% 47.30% 72.51% 3.40% 0.00% 40.62%
Revenue Q/Q Growth
-42.62% -100.02% 100.00% 0.00% 0.00% 0.00% 0.00% 80.00% 22.22% 74.36%
EBITDA Q/Q Growth
-803.81% 56.69% -47.30% -6.41% 14.41% -65.12% 0.00% -555.32% -166.16% 88.37%
EBIT Q/Q Growth
-673.03% 55.36% -46.85% -39.61% 0.22% -42.46% 0.00% -246.33% -134.22% 85.94%
NOPAT Q/Q Growth
-33.41% -5.26% -4.33% -30.63% -1.54% -3.24% 0.00% -13.50% -4.05% 10.41%
Net Income Q/Q Growth
-297.27% 21.72% -80.22% -9.67% -2.34% -51.97% 0.00% -229.99% -130.74% 82.81%
EPS Q/Q Growth
-200.00% 27.78% -76.92% -4.35% 4.17% -60.87% 0.00% -218.75% -115.69% 84.55%
Operating Cash Flow Q/Q Growth
19.70% -6.44% -7.69% -33.19% 28.26% 30.93% 0.00% 66.44% -106.97% 14.92%
Free Cash Flow Firm Q/Q Growth
33.34% 3.64% 17.59% 24.11% 178.92% -268.08% 0.00% 64.22% -369.23% 49.61%
Invested Capital Q/Q Growth
-9.59% 23.15% 8.25% 9.65% -100.00% 0.00% 0.00% -34.28% 19.92% 40.75%
Profitability Metrics
- - - - - - - - - -
Gross Margin
39.42% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
-1,324.50% 0.00% 0.00% 0.00% 0.00% 0.00% -3,288.20% -11,971.22% -26,069.82% -1,739.57%
Operating Margin
-971.21% 0.00% 0.00% 0.00% 0.00% 0.00% -11,100.00% -6,999.22% -5,958.73% -3,061.68%
EBIT Margin
-1,352.62% 0.00% 0.00% 0.00% 0.00% 0.00% -7,457.20% -14,348.11% -27,496.18% -2,216.48%
Profit (Net Income) Margin
-769.00% 0.00% 0.00% 0.00% 0.00% 0.00% -7,960.80% -14,594.44% -27,552.73% -2,716.16%
Tax Burden Percent
101.75% 99.47% 100.26% 98.43% 100.53% 102.78% 100.74% 100.18% 100.21% 100.30%
Interest Burden Percent
55.88% 100.23% 122.04% 97.64% 98.05% 102.30% 105.96% 101.54% 99.99% 122.17%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-260.56% 0.00% 0.00% 0.00% 0.00% 0.00% -20.98% -45.25% -112.85% -42.55%
ROIC Less NNEP Spread (ROIC-NNEP)
-259.22% 0.00% 0.00% 0.00% 0.00% 0.00% -20.16% 18.30% 48.91% -37.53%
Return on Net Nonoperating Assets (RNNOA)
218.09% 0.00% 0.00% 0.00% 0.00% 0.00% 7.77% -8.70% -30.93% 18.61%
Return on Equity (ROE)
-42.46% 0.00% 0.00% 0.00% 0.00% -77.67% -13.21% -53.95% -143.78% -23.94%
Cash Return on Invested Capital (CROIC)
-365.77% -247.04% -179.27% -126.95% 0.00% -138.50% -141.43% -113.41% -385.54% -110.13%
Operating Return on Assets (OROA)
-64.04% 0.00% 0.00% 0.00% 0.00% 0.00% -8.26% -40.66% -83.66% -14.89%
Return on Assets (ROA)
-36.41% 0.00% 0.00% 0.00% 0.00% 0.00% -8.82% -41.36% -83.83% -18.24%
Return on Common Equity (ROCE)
-12.42% 0.00% 0.00% 0.00% 0.00% -31.50% -6.20% -27.22% -88.34% -15.68%
Return on Equity Simple (ROE_SIMPLE)
-99.48% 0.00% -93.05% -103.92% 0.00% 0.00% -132.05% -205.89% -178.48% 0.00%
Net Operating Profit after Tax (NOPAT)
-28 -30 -31 -41 -41 -43 -39 -44 -46 -41
NOPAT Margin
-679.85% 0.00% 0.00% 0.00% 0.00% 0.00% -7,770.00% -4,899.46% -4,171.11% -2,143.18%
Net Nonoperating Expense Percent (NNEP)
-1.34% 1.71% -6.54% -4.65% 0.00% -26.26% -0.82% -63.55% -161.76% -5.02%
Return On Investment Capital (ROIC_SIMPLE)
- -8.18% - - - -15.61% - - - -4.97%
Cost of Revenue to Revenue
60.58% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
657.58% 0.00% 0.00% 0.00% 0.00% 0.00% 6,359.60% 4,337.89% 3,398.09% 2,442.08%
R&D to Revenue
324.93% 0.00% 0.00% 0.00% 0.00% 0.00% 851.40% 495.56% 1,338.55% 278.52%
Operating Expenses to Revenue
1,010.63% 0.00% 0.00% 0.00% 0.00% 0.00% 11,200.00% 7,099.22% 6,058.73% 3,161.68%
Earnings before Interest and Taxes (EBIT)
-56 -25 -37 -52 -51 -73 -37 -129 -302 -43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-55 -24 -35 -37 -32 -53 -16 -108 -287 -33
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
14.47 6.68 8.57 6.56 0.00 13.26 3.84 20.59 22.80 12.76
Price to Tangible Book Value (P/TBV)
14.47 6.68 8.57 6.56 0.00 13.26 3.84 20.59 22.80 12.76
Price to Revenue (P/Rev)
65.86 64.57 88.92 230.24 0.00 0.00 1,262.52 2,135.67 2,817.87 1,383.75
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
13.06 7.05 7.60 6.46 0.00 7.56 2.99 19.46 37.45 22.66
Enterprise Value to Revenue (EV/Rev)
66.39 63.99 90.43 230.92 0.00 0.00 1,402.43 2,142.01 2,768.22 1,334.18
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.02 0.01 0.01 0.01 0.00 0.28 0.56 0.83 0.40 0.24
Long-Term Debt to Equity
0.02 0.01 0.01 0.01 0.00 0.28 0.56 0.83 0.31 0.23
Financial Leverage
-0.84 -0.78 -0.68 -0.59 0.00 -0.46 -0.39 -0.48 -0.63 -0.50
Leverage Ratio
1.28 1.24 1.29 1.23 0.00 1.39 1.50 1.71 1.63 1.49
Compound Leverage Factor
0.72 1.24 1.57 1.20 0.00 1.43 1.59 1.74 1.63 1.82
Debt to Total Capital
1.60% 1.37% 1.46% 1.36% 0.00% 21.79% 36.04% 45.24% 28.55% 19.15%
Short-Term Debt to Total Capital
0.00% 0.07% 0.00% 0.00% 0.00% 0.09% 0.06% 0.06% 6.34% 0.35%
Long-Term Debt to Total Capital
1.60% 1.30% 1.46% 1.36% 0.00% 21.70% 35.99% 45.18% 22.20% 18.80%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
68.12% 62.03% 61.64% 55.70% 0.00% 41.96% 27.14% 21.88% 27.55% 22.96%
Common Equity to Total Capital
30.29% 36.60% 36.90% 42.94% 0.00% 36.25% 36.81% 32.88% 43.90% 57.89%
Debt to EBITDA
-0.04 -0.04 -0.04 -0.03 0.00 -0.38 -1.16 -0.95 -0.43 -0.36
Net Debt to EBITDA
1.81 1.92 1.50 1.23 0.00 0.18 0.37 0.42 0.69 0.92
Long-Term Debt to EBITDA
-0.04 -0.04 -0.04 -0.03 0.00 -0.38 -1.16 -0.95 -0.34 -0.35
Debt to NOPAT
-0.05 -0.05 -0.04 -0.04 0.00 -0.38 -0.99 -1.20 -1.17 -0.93
Net Debt to NOPAT
2.11 2.30 1.64 1.44 0.00 0.18 0.31 0.53 1.85 2.41
Long-Term Debt to NOPAT
-0.05 -0.05 -0.04 -0.04 0.00 -0.38 -0.98 -1.20 -0.91 -0.92
Altman Z-Score
8.71 6.99 7.16 7.62 0.00 4.14 1.42 4.45 11.93 12.65
Noncontrolling Interest Sharing Ratio
70.75% 0.00% 0.00% 0.00% 0.00% 59.45% 53.02% 49.55% 38.56% 34.51%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
10.63 9.65 6.39 7.22 0.00 2.31 7.51 6.38 5.80 7.90
Quick Ratio
9.39 8.58 5.21 6.22 0.00 1.85 6.59 5.77 5.49 7.44
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-128 -123 -101 -77 61 -102 -137 -49 -231 -116
Operating Cash Flow to CapEx
0.00% -95.74% -245.21% -662.66% -49.06% -111.44% -121.62% -72.75% -110.24% -34.67%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 -11.56 -61.84 -21.97 -166.44 -4.88
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 -2.82 -21.66 -7.22 -24.12 -1.20
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 -5.35 -39.46 -17.14 -46.00 -4.64
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.05 0.03 0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.01
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.19 0.11 0.08 0.03 0.00 0.00 0.00 0.01 0.01 0.02
Accounts Payable Turnover
1.25 0.00 0.52 0.49 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
290.89 0.00 705.03 741.63 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
-290.89 0.00 -705.03 -741.63 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
102 126 136 149 0.00 185 234 154 185 260
Invested Capital Turnover
0.38 0.18 0.11 0.03 0.00 0.00 0.00 0.01 0.03 0.02
Increase / (Decrease) in Invested Capital
99 93 70 36 -102 59 99 5.07 185 75
Enterprise Value (EV)
1,332 885 1,034 962 0.00 1,399 701 2,999 6,921 5,894
Market Capitalization
1,321 893 1,016 959 827 1,313 631 2,990 7,045 6,113
Book Value per Share
$0.50 $0.72 $0.64 $0.72 $0.00 $0.45 $0.76 $0.56 $1.15 $1.65
Tangible Book Value per Share
$0.50 $0.72 $0.64 $0.72 $0.00 $0.45 $0.76 $0.56 $1.15 $1.65
Total Capital
301 365 322 341 0.00 273 447 442 704 828
Total Debt
4.82 5.00 4.70 4.63 0.00 60 161 200 201 158
Total Long-Term Debt
4.82 4.76 4.70 4.63 0.00 59 161 200 156 156
Net Debt
-195 -234 -181 -187 0.00 -29 -51 -88 -318 -409
Capital Expenditures (CapEx)
-13 37 15 7.58 73 22 40 22 30 82
Debt-free, Cash-free Net Working Capital (DFCFNWC)
4.59 1.50 5.87 -0.57 0.00 -27 -4.56 -22 -23 -40
Debt-free Net Working Capital (DFNWC)
204 241 192 191 0.00 61 208 266 496 527
Net Working Capital (NWC)
204 241 192 191 0.00 61 208 266 452 524
Net Nonoperating Expense (NNE)
3.72 -4.74 14 8.94 9.47 35 0.95 87 257 11
Net Nonoperating Obligations (NNO)
-195 -234 -181 -187 0.00 -29 -51 -88 -318 -409
Total Depreciation and Amortization (D&A)
1.17 1.25 1.73 14 19 20 21 21 16 9.15
Debt-free, Cash-free Net Working Capital to Revenue
22.89% 10.85% 51.33% -13.58% 0.00% 0.00% -911.40% -1,538.07% -908.36% -912.43%
Debt-free Net Working Capital to Revenue
1,017.70% 1,741.45% 1,675.82% 4,581.35% 0.00% 0.00% 41,576.60% 19,002.43% 19,847.08% 11,933.52%
Net Working Capital to Revenue
1,017.70% 1,739.70% 1,675.82% 4,581.35% 0.00% 0.00% 41,525.60% 18,984.00% 18,061.68% 11,867.45%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.18) ($0.13) ($0.23) ($0.24) $0.00 ($0.37) ($0.16) ($0.51) ($1.10) ($0.17)
Adjusted Weighted Average Basic Shares Outstanding
53.23M 54.44M 71.85M 75.64M 0.00 81.82M 121.45M 141.19M 155.64M 154.50M
Adjusted Diluted Earnings per Share
($0.18) ($0.13) ($0.23) ($0.24) $0.00 ($0.37) ($0.16) ($0.51) ($1.10) ($0.17)
Adjusted Weighted Average Diluted Shares Outstanding
53.23M 54.44M 71.85M 75.64M 0.00 81.82M 121.45M 141.19M 155.64M 154.50M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
185.19M 200.08M 204.13M 217.68M 0.00 138.13M 257.53M 269.39M 289.73M 316.49M
Normalized Net Operating Profit after Tax (NOPAT)
-28 -30 -31 -41 -41 -43 -39 -44 -46 -41
Normalized NOPAT Margin
-679.85% 0.00% 0.00% 0.00% 0.00% 0.00% -7,770.00% -4,899.46% -4,171.11% -2,143.18%
Pre Tax Income Margin
-755.81% 0.00% 0.00% 0.00% 0.00% 0.00% -7,902.00% -14,568.78% -27,494.00% -2,707.98%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 -8.31 -16.78 -57.70 -218.22 -1.79
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 -4.83 -17.48 -19.70 -33.10 -1.73
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 -10.85 -34.59 -67.62 -240.10 -5.23
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 -7.36 -35.29 -29.62 -54.98 -5.17
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% -2.66% 0.00% 0.00% 0.00% -0.39% 0.00% 0.00% 0.00% -2.31%

Frequently Asked Questions About AST SpaceMobile's Financials

When does AST SpaceMobile's fiscal year end?

According to the most recent income statement we have on file, AST SpaceMobile's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has AST SpaceMobile's net income changed over the last 4 years?

AST SpaceMobile's net income appears to be on an upward trend, with a most recent value of -$526.33 million in 2024, rising from -$24.41 million in 2020. The previous period was -$222.68 million in 2023.

What is AST SpaceMobile's operating income?
AST SpaceMobile's total operating income in 2024 was -$242.76 million, based on the following breakdown:
  • Total Gross Profit: $4.42 million
  • Total Operating Expenses: $247.18 million
How has AST SpaceMobile revenue changed over the last 4 years?

Over the last 4 years, AST SpaceMobile's total revenue changed from $5.97 million in 2020 to $4.42 million in 2024, a change of -26.0%.

How much debt does AST SpaceMobile have?

AST SpaceMobile's total liabilities were at $285.42 million at the end of 2024, a 93.7% increase from 2023, and a 1,075.4% increase since 2019.

How much cash does AST SpaceMobile have?

In the past 5 years, AST SpaceMobile's cash and equivalents has ranged from $493.13 thousand in 2019 to $564.99 million in 2024, and is currently $564.99 million as of their latest financial filing in 2024.

How has AST SpaceMobile's book value per share changed over the last 4 years?

Over the last 4 years, AST SpaceMobile's book value per share changed from 2.70 in 2020 to 1.65 in 2024, a change of -38.7%.

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This page (NASDAQ:ASTS) was last updated on 4/15/2025 by MarketBeat.com Staff
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