AST SpaceMobile, Inc. (ASTS)

From the record

AST SpaceMobile, Inc.'s filings since 2019 show 5 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2021-04-12); a warning not to rely on past financial statements (8-K item 4.02, the latest 2021-04-30); an auditor change (8-K item 4.01, the latest 2021-07-09); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2022-08-16) (its current reports).

From the record

AST SpaceMobile, Inc.'s 6 filed years say what it did: revenue went from $6 million in fiscal 2020 to $71 million in fiscal 2025, up 64.1% a year; it rose in 3 of 4 years; the deepest fall was 100% from fiscal 2022 to fiscal 2023; net income was positive in 0 of 6 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, AST SpaceMobile, Inc. lost about 14 cents for every dollar of shareholders' money. Leverage: it owed about 52 cents per dollar of assets, and net share issuance: its share count grew 65.7% over the year (the filed statements).

From the record

AST SpaceMobile, Inc.'s standing among 19 graded names in its industry family: revenue of $71 million in fiscal 2025 ranks in the bottom 26% by size; a net margin of -482.2% ranks in the bottom 8%; revenue growth of 72.4% a year over the last 3 filed years ranks in the top 8% (its annual reports).

From the record

AST SpaceMobile, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Avellan, Abel Antonio (Chief Executive Officer, as filed), filing under that title since 2021-04-08, 5.6 years (top 21% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 2.5 years (bottom 13%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (bottom 30%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

AST SpaceMobile, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $2.3 billion against debt of $2.2 billion leaves 2.6% of its assets as net cash, top 45% of its family; cash from operations less capital spending is -1602.2% of revenue (bottom 3%); research spending of 39.6% of revenue (top 10%) (its annual report).

From the record

AST SpaceMobile, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 72.4% a year over the last three filed years against 64.1% over all 6, speeding up (top 32% of its family); the newest year grew 1508.3% (top 3%); research spending grew -14.9% a year (bottom 39%); capital spending grew 164.8% a year (top 9%) (its annual reports). AST SpaceMobile, Inc. reported 2 product lines in fiscal 2025: Product at $44 million (63%), Service at $27 million (37%); 2 of 2 grew against the year before (its annual report).

From the record

AST SpaceMobile, Inc.'s newest year against its own record: revenue of $71 million in fiscal 2025 came in 2738.4% above the $2 million its prior three years' pace pointed to (top 3% of its family); net income of $342 million against a prior three-year average of $140 million (bottom 32%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 3%) (its annual reports).