Iridium Communications
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Iridium Communications generated cash of $314,913,000, which is less than the previous year. Cash used in financing activities reached the amount of -$327,052,000 last year. Net change in cash is therefore -$96,900,000.
Cash Flow
| 2014 | 214.87M | -626.25M | 438.84M |
|---|---|---|---|
| 2015 | 217.47M | -439.37M | 197.06M |
| 2016 | 225.19M | -242.36M | 224.17M |
| 2017 | 259.62M | -372.68M | 16.86M |
| 2018 | 263.70M | -378.91M | 193.50M |
| 2019 | 198.14M | -127.81M | -313.28M |
| 2020 | 249.76M | -46.47M | -188.18M |
| 2021 | 302.87M | -36.38M | -182.46M |
| 2022 | 344.72M | -121.26M | -374.98M |
| 2023 | 314.91M | -83.48M | -327.05M |
IRDM Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 168.77M | 320.91M | 237.17M | 223.56M | 465.28M | 388.25M | 484.30M | 185.66M | 211.24M | 186.34M |
Operating activities | ||||||||||
Net income | 15.41M | 8.72M | -9.31M | -56.05M | -161.99M | -13.38M | 233.85M | 111.03M | 7.12M | 74.98M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 320M | 303.48M | 305.43M | 303.17M | 297.70M | 218.20M | 122.26M | 49.39M | 51.83M | 72.76M |
Stock-based compensation expense | 57.45M | 43.73M | 26.78M | 16.71M | 15.13M | 14.49M | 15.95M | 13.70M | 8.60M | 9.60M |
| Deferred income tax benefit | 57.45M | 43.73M | 26.78M | 16.71M | 15.13M | 14.49M | 15.95M | 13.70M | 8.60M | 9.60M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -9.53M | -18.71M | -1.82M | 6.38M | 2.50M | -12.78M | -10.34M | -6.03M | -1.84M | 3.85M |
Inventories | -50.95M | -10.18M | 3.59M | 7.23M | -12.95M | -7.57M | -1.94M | 9.02M | -169K | 251K |
Accounts payable | 2.75M | 4.73M | -2.16M | 7.41M | -4.3M | -732K | 896K | 3.20M | 3.11M | -2.63M |
Cash generated by operating activities | 314.91M | 344.72M | 302.87M | 249.76M | 198.14M | 263.70M | 259.62M | 225.19M | 217.47M | 214.87M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -50M | -1.63M | -7.78M | -10M | -235.52M | -7.01M | -19.86M | -204.67M | -275.81M |
Investments In Property Plant And Equipment | -73.48M | -71.26M | -42.14M | -38.68M | -117.81M | -391.39M | -400.10M | -405.68M | -494.81M | -441.06M |
Acquisitions Net | 0 | -50M | 42.14M | -152K | 0 | 391.39M | 400.10M | 494.81M | 494.81M | 441.06M |
Cash generated by investing activities | -83.48M | -121.26M | -36.38M | -46.47M | -127.81M | -378.91M | -372.68M | -242.36M | -439.37M | -626.25M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 7.44M | 12.71M | 0 | 10.46M | 0 | 0 | 0 | 98.89M |
Payments for dividends | -64.77M | 0 | 0 | 0 | -8.38M | -15.42M | -3.85M | -15.43M | -15.43M | -11.96M |
Repurchases of common stock | -247.01M | -257.05M | -163.44M | -4.51M | -4.59M | -1.98M | -1.86M | -627K | 0 | -83K |
Repayments of term debt | -8.37M | -116.5M | -195.78M | -395.82M | -284.96M | -140.29M | 22.20M | 251.49M | 230.42M | -252.19M |
Cash used in financing activities | -327.05M | -374.98M | -182.46M | -188.18M | -313.28M | 193.50M | 16.86M | 224.17M | 197.06M | 438.84M |
Net Change In Cash | -96.9M | -152.14M | 83.73M | 13.61M | -241.72M | 77.03M | -96.04M | 185.50M | -25.58M | 24.90M |
Cash at end of period | 71.87M | 168.77M | 320.91M | 237.17M | 223.56M | 465.28M | 388.25M | 371.16M | 185.66M | 211.24M |
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