Iridium Communications
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Iridium Communications's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $790,723,000. The net income raised on $15,415,000 and profit margin reached 2%. Total operating expenses were $483,975,000.
Profit Margin
| 2014 | 408.55M | 74.98M | 18.35% |
|---|---|---|---|
| 2015 | 411.37M | 7.12M | 1.73% |
| 2016 | 433.64M | 111.03M | 25.6% |
| 2017 | 448.04M | 233.85M | 52.19% |
| 2018 | 523.00M | -13.38M | -2.56% |
| 2019 | 560.44M | -161.99M | -28.91% |
| 2020 | 583.43M | -56.05M | -9.61% |
| 2021 | 614.5M | -9.31M | -1.52% |
| 2022 | 721.03M | 8.72M | 1.21% |
| 2023 | 790.72M | 15.41M | 1.95% |
IRDM Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 790.72M | 721.03M | 614.5M | 583.43M | 560.44M | 523.00M | 448.04M | 433.64M | 411.37M | 408.55M |
Cost of revenue | 225.12M | 201.14M | 150.39M | 142.69M | 145.14M | 142.87M | 124.84M | 109.24M | 101.11M | 116.65M |
Gross profit | 565.60M | 519.88M | 464.10M | 440.74M | 415.3M | 380.13M | 323.20M | 324.39M | 310.26M | 291.90M |
Operating exp. | ||||||||||
Research and development | 20.26M | 16.21M | 11.88M | 12.03M | 14.31M | 22.42M | 15.24M | 16.07M | 16.14M | 17.58M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 483.97M | 443.20M | 417.79M | 405.26M | 405.18M | 338.48M | 207.72M | 148.02M | 149.42M | 168.99M |
Operating income | 81.62M | 76.67M | 46.31M | 35.48M | 10.12M | 41.65M | 115.47M | 176.37M | 73.80M | 122.91M |
Other income (expenses), net | -86.37M | -67.66M | -75.20M | -124.44M | -228.23M | 139K | 4.09M | 206K | -688K | -6.45M |
Income before tax | -4.74M | 9.01M | -28.88M | -88.96M | -218.11M | -20.64M | 119.57M | 178.16M | 73.11M | 116.45M |
Income tax expense | -26.25M | 292K | -19.56M | -32.91M | -56.12M | -7.26M | -114.28M | 67.13M | 65.99M | 41.46M |
Net income | 15.41M | 8.72M | -9.31M | -56.05M | -161.99M | -13.38M | 233.85M | 111.03M | 7.12M | 74.98M |
Earnings per share | ||||||||||
Basic EPS | 0.12 | 0.06 | -0.06 | -0.42 | -1.29 | -0.12 | 2.22 | 1 | -0.08 | 0.67 |
Diluted EPS | 0.12 | 0.06 | -0.06 | -0.42 | -1.29 | -0.12 | 2.22 | 1 | -0.08 | 0.67 |
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