Présentation de l'entreprise
Satellogic Inc. operates as a vertically integrated earth observation entity, providing decision-grade insights and geospatial data across Europe, the Asia Pacific, Asia, North America, and South America. This business model situates the firm within the Industrials sector, specifically targeting the Aerospace & Defense industry, where capital-intensive infrastructure and technological innovation define the operational landscape. The company's scale is currently defined by a market capitalization of $985.67M and an annual revenue of $17.71M, supported by a workforce of 154 employees. These valuation and revenue figures indicate that Satellogic occupies a mid-cap position with significant revenue concentration, suggesting that a relatively small operational base supports a substantial market valuation, which often reflects high growth expectations or intangible asset premiums rather than mature cash flow generation.
Santé financière
The company reports a trailing twelve-month revenue of $17.71M against a net income loss of $-4,783,000 and an EBITDA of $-23,279,000, revealing a cost structure where operating expenses significantly exceed gross profits before interest and taxes. This gap between positive revenue and negative net income indicates that the business is in an expansion phase where reinvestment in operations and satellite systems outpaces immediate profitability. Free cash flow stands at $-43,071,000, which implies limited financial flexibility as the company is burning cash to fund its growth trajectory and capital expenditures. Margin analysis shows a Gross Margin of 72.5%, indicating efficient production costs relative to sales, while the Operating Margin of -114.2% and Profit Margin of -27.0% highlight substantial overhead burdens and overall unprofitability. The balance sheet holds $94.43M in cash against $63.38M in debt, supported by a Debt to Equity ratio of 104.72, suggesting a leveraged position where debt exceeds equity, yet the high cash balance provides a buffer against obligations. Liquidity is robust with a Current Ratio of 5.12, indicating that current assets are more than five times current liabilities, which ensures short-term solvency despite operational losses. Return on Equity is -127.6% and Return on Assets is -18.2%, metrics that reveal management is currently destroying shareholder value and utilizing assets inefficiently in the context of traditional profitability measures, typical for early-stage aerospace ventures.
Évaluation de la valorisation
Valuation multiples for Satellogic include a Trailing P/E ratio of N/A and a Forward P/E of -62.64, implying that the market does not value the stock based on current earnings but rather anticipates future earnings recovery or significant restructuring. The Price to Book ratio is 15.45, indicating that the market prices the stock at a massive premium over its net asset value, reflecting high expectations for future growth that are not yet realized in the balance sheet. Alternative valuation metrics show a Price to Sales ratio of 55.67 and an EV/EBITDA of -41.01, suggesting that investors are willing to pay over fifty times current sales, a valuation characteristic often found in pre-profitability technology firms where revenue growth is the primary driver of value. The stock has traded between a 52-Week High of $7.55 and a 52-Week Low of $1.25, meaning the current price sits at a level that represents significant volatility within this wide historical range, though the exact current price percentage relative to the high or low is not provided in the data. The Beta is 0.99, indicating that the stock's price volatility moves in tandem with the broader market, suggesting that systematic risk is not amplified or dampened relative to the S&P 500 or similar indices.
Growth & Income
Revenue Growth (YoY) is reported at 93.8%, while Earnings Growth (YoY) is N/A, indicating that the company is prioritizing top-line expansion over earnings improvement in the current fiscal period. Since the earnings growth metric is not available due to the lack of positive earnings, the company does not currently distribute dividends, resulting in a Dividend Yield of N/A and a Payout Ratio of 0.0%. This absence of a dividend payout confirms that Satellogic reinvests all available capital back into the business, specifically into satellite manufacturing and platform development, rather than returning cash to shareholders. The overall growth and income profile is characterized by aggressive revenue expansion with no current income distribution, positioning the stock as a pure growth play reliant on future profitability to justify its current market capitalization.