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Ast Spacemobile Inc   (ASTS)
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Ast Spacemobile Inc

ASTS's Financial Statements and Analysis



Ast Spacemobile Inc increased third quarter of 2023 net loss per share of $-0.23 compare to net loss per share of $-0.18 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.24 realized in previous quarter.


third quarter of 2023
Earnings Per Share Revenues
$ -0.23 $  0 Mill
$-0.05     $-4M    



Ast Spacemobile Inc 's Revenue fell by 0 % in third quarter of 2023 (Sep 30 2023) year on year, to $0 million and declined by sequentially.


Ast Spacemobile Inc is Expected to report next financial results on March 30, 2024.

More on ASTS's Income Statement



Ast Spacemobile Inc 's in thethird quarter of 2023 recorded net loss of $-50.748 million, an increase from net loss of $-32.052 million in III. Quarter a year ago.

Sequentially net loss advanced

More on ASTS's Growth

Ast Spacemobile Inc Inventories
In Sep 30 2023 company's net cash and cash equivalents decreased by $-56 million, capital expenditures fell by -8.488765.81%, to $-73 millions compare to same quarter a year ago

More on ASTS's Cash flow Statement


Ast Spacemobile Inc does not pay out common stock dividend.

In trailing twelve-month period Ast Spacemobile Inc payed $ -1.78 cash per share, on a free-cash flow basis .

Book value fell by -27.74 % sequentially to $3.21 per share, -175.97% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 3.21 per share from $ 4.44.

Company issued 13.87 million shares or 18.34 % in Sep 30 2023.


More on ASTS's Dividends

 Market Capitalization (Millions) 252
 Shares Outstanding (Millions) 90
 Total Debt (Millions $) 59
 Revenue (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -171
 Cash Flow (TTM) (Millions $) -64
 Capital Exp. (TTM) (Millions $) -106
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Ast Spacemobile Inc does not pay out common stock dividend.

In trailing twelve-month period Ast Spacemobile Inc had negative $ -1.78 cash flow per share, on a free-cash flow basis .

Book value fell by -27.74 % sequentially to $3.21 per share, -175.97% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 3.21 per share from $ 4.44.

Company issued 13.87 million shares or 18.34 % in Sep 30 2023.


More on ASTS's Balance Sheets

 Market Capitalization (Millions) 252
 Shares Outstanding (Millions) 90
 Total Debt (Millions $) 59
 Revenue (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -171
 Cash Flow (TTM) (Millions $) -64
 Capital Exp. (TTM) (Millions $) -106
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Ast Spacemobile Inc Earnings

Ast Spacemobile Inc. Delivers Unchanged Top-Line Results in Third Quarter of 2023, Detailed Analysis Reveals

Ast Spacemobile Inc, a company that aims to build a space-based cellular broadband network accessible by smartphones, recently provided its business update for the third quarter of 2023. The company announced that the manufacturing of its first five commercial satellites is proceeding at full speed at its Texas facilities, with an expected launch in the first quarter of 2024.
Despite this positive development, Ast Spacemobile Inc's financial results for the third quarter of 2023 were not entirely encouraging. The company reported a widened deficit of $-0.23 per share compared to $-0.18 in the same period the previous year. However, there was a slight improvement in the earnings per share from the previou...

Ast Spacemobile Inc Struggles to Generate Revenue and Stem Losses, Raising Concerns About Future Growth

In recent financial reports, Ast Spacemobile Inc (ASTS) has experienced a concerning decline in performance and significant losses. For the April to June 30, 2023 time-frame, ASTS saw an increase in deficit per share, reaching $-0.24 per share compared to $-0.06 per share in the previous year. This represents a growing deficit from the preceding quarter, which stood at $-0.23 per share.
These figures highlight a worrying trend of deteriorating financial health for ASTS. The company's inability to stem its losses raises serious concerns about its future prospects and ability to generate sustainable revenue.
Additionally, ASTS's revenue remained stagnant at a meager $0.00 million, down from $7.26 mill...


Date modified: 2023-11-16T18:25:38+00:00





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