As Ip Tech Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of As Ip Tech Inc (ASIQ) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: As Ip Tech Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 0M vs 21,203M combined for tracked competitors (0.0% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+54.8% annualized vs trailing 12 months), vs decelerating (-5.7%) for its tracked peer group.
- Profitability: Its -844.7% net margin compares with 29.3% for the peer group.
- Peer revenue share: As Ip Tech Inc accounted for 0.0% of combined revenue among its tracked peer group.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
ASIQ Sales vs. its Competitors, Q3 2023
With a net margin of -844.70 %, As Ip Tech Inc reported lower profitability than its competitors (29.25 %).
As Ip Tech Inc generated 0.00 % of the combined sales of its peer group.
As Ip Tech Inc vs. its Competitors, Q3 2023
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across As Ip Tech Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| As ip Tech Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across As Ip Tech Inc's competitor groups requires a Commercial License.
As Ip Tech Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| As ip Tech Inc | - | - | - | Yes |
| Competitors combined (7) | ||||
| High-Confidence Competitors (1) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
ASIQ Stock Performance relative to its Competitors
ASIQ Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Iridium Communications Inc | 282.9% | Outperformed |
| 2 | Viasat Inc | 282.9% | Outperformed |
| 3 | Kvh Industries Inc | 282.9% | Outperformed |
| 4 | Gilat Satellite Networks Ltd | 282.9% | Outperformed |
| 5 | Comtech Telecommunications Corp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for As Ip Tech Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
As Ip Tech Inc's Comment on Competition and Industry Peers
A further 5,464 aircraft are equipped with the Aircell (division of GOGO) Iridium satellite telephone systems. These are legacy satellite systems and GOGO Biz Services cannot be delivered by Iridium. Several BizjetMobile customers are connected via the Aircell Iridium systems.
Internationally, four major Wi-Fi industry players dominate the inflight Wi-Fi airlines business. They are Panasonic, GOGO Inc., VIASAT and INMARSAT.
Panasonic and GOGO Inc. are resellers of satellite services, whereas VIASAT and INMARSAT are satellite owner-operators. The primary market for all four vendors is predominantly Tier 1 airlines and national flag carriers. These airlines provide business travellers with an adequate level of Internet connectivity at a cost per flight similar to the daily rate of many 5-star hotels. In the many cases, first and business class passengers receive this service free of charge.
Equipment, installation and certification costs on Wi-Fi platforms are substantial and where possible, most airlines will exercise the option to have it factory installed on new aircraft. Approximately 25% of the world’s airlines are currently equipped with inflight Wi-Fi, the majority of which are either in the U.S.A or are long haul wide body Boeing and Airbus aircraft. Recent forecasts suggest that half of the world’s airlines will be fully equipped by 2022.
The challenge for the Company to compete, is to target the remaining market and create a platform and business model that eliminates the financial risk, generates new revenue, enhances the passenger experience, and removes the high operational/user costs associated with heavy and expensive Wi-Fi platforms.
The Company meets these challenges with a platform that is 95% lighter and cheaper and controlled by a proprietary gateway protocol that is up to 90% more efficient in delivering today’s mobile App-based communications.
The Company believes it will be able to compete with other companies in both the business aircraft and commercial airline fields because of our very low equipment costs, unique business model and little or no certification issues unlike Wi-Fi. Bluetooth has been tested and documented as safe for use in aircraft.
Publicly Traded Peers of As ip Tech Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| As ip Tech Inc | - | 0.07 |
| Viasat Inc | 9,824.72 | 4,625.77 |
| Iridium Communications Inc | 5,242.26 | 887.27 |
| Gilat Satellite Networks Ltd | 604.63 | 451.66 |
| Gogo Inc | 302.48 | 903.28 |
| Kvh Industries Inc | 144.15 | 125.01 |
| SUBTOTAL | 16,159.98 | 21,203.20 |
Sign in to see all competitors of As ip Tech Inc .
Sources: As ip Tech Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on As ip Tech Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
As Ip Tech Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| GOGO Inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for As Ip Tech Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
As Ip Tech Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Viasat Inc | Communication Services 71.11 % |
| Gilat Satellite Networks Ltd | Satellite Networks 62.29 % |
| Kvh Industries Inc | Reportable 100.00 % |
| Comtech Telecommunications Corp | Allerium 52.61 % |
| Dish Network Corp | Pay Tv and Broadband 71.36 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
As Ip Tech Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| As ip Tech Inc | - | - | - |
| Viasat Inc | 9,825 | 616,769 | 1,181 |
| Iridium Communications Inc | 5,242 | 910,019 | 95,656 |
| Gilat Satellite Networks Ltd | 605 | 389,695 | 17,880 |
| Gogo Inc | 302 | 1,328,347 | -1,250 |
| Kvh Industries Inc | 144 | 416,710 | -19,507 |
| PEERS TOTAL | 16,160 | 809,403 | -475,968 |
As Ip Tech Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Viasat Inc | US 68.12 % |
| Gilat Satellite Networks Ltd | US 61.08 % |
| Comtech Telecommunications Corp | United States Domestic 55.14 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
As Ip Tech Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -56.58 % | 500.00 % | -33.04 % | -71.05 % | 39.50 % | -44.61 % | - | - |
| Operating Margin | -677.99 % | -221.39 % | -301.10 % | -1,639.06 % | -1,007.08 % | -1,855.00 % | - | - |
| Return on Invested Capital | 12.99 % | 94.73 % | 71.83 % | 32.46 % | 19.77 % | 15.86 % | 33.27 % | 30.60 % |
| P/E | - | - | - | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
As Ip Tech Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 45.7 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+54.8% annualized vs trailing 12 months).
Weaknesses
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- Industry revenue growing at a healthy 15.0% median pace.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-5.7% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
As Ip Tech Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| As ip Tech Inc | 0.03 | 0.04 | - |
| Viasat Inc | 1.05 | 1.93 | 1.32 |
| Iridium Communications Inc | 1.05 | 2.70 | 3.83 |
| Gilat Satellite Networks Ltd | 0.78 | 1.82 | 0.00 |
| Gogo Inc | 0.42 | 1.68 | 7.44 |
| Kvh Industries Inc | 3.82 | 7.01 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
As Ip Tech Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| As ip Tech Inc | Q1 2023 | - | - |
| Viasat Inc | Q2 2026 | -1.2 % | - |
| Iridium Communications Inc | Q2 2026 | +5.3 % | -55.9 % |
| Gilat Satellite Networks Ltd | Q4 2025 | +47.9 % | -16.6 % |
| Gogo Inc | Q2 2026 | -1.4 % | - |
| Kvh Industries Inc | Q2 2026 | +26.7 % | -82.5 % |
| PEERS TOTAL | -1.9 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
As Ip Tech Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| As ip Tech Inc | Q1 2023 | - | - |
| Viasat Inc | Q2 2026 | +218.7 % | - |
| Iridium Communications Inc | Q2 2026 | - | +5.4 % |
| Gilat Satellite Networks Ltd | Q4 2025 | +65.7 % | +73.8 % |
| Gogo Inc | Q2 2026 | - | +105.2 % |
| Kvh Industries Inc | Q2 2026 | +393.9 % | -20.6 % |
As Ip Tech Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| As ip Tech Inc | - | - | - |
| Viasat Inc | 0.06% | 0.06% | 0.19% |
| Iridium Communications Inc | 3.66% | 3.69% | 20.12% |
| Gilat Satellite Networks Ltd | 2.78% | 3.97% | 4.14% |
| Gogo Inc | - | - | - |
| Kvh Industries Inc | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
As Ip Tech Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| As ip Tech Inc | - | - |
| Viasat Inc | - | 2.12 |
| Iridium Communications Inc | 55.55 | 5.91 |
| Gilat Satellite Networks Ltd | 29.44 | 1.34 |
| Gogo Inc | 211.97 | 0.33 |
| Kvh Industries Inc | - | 1.15 |
| PEERS AVERAGE | - | 0.76 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.