SATL
Satellogic Inc.1.9700
+0.0800+4.23%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
266.87MP/E (TTM)
-Basic EPS (TTM)
-1.13Dividend Yield
0%Recent Filings
8-K
10-Q
10-Q
Q2 FY2025 results
Satellogic's Q2 revenue climbed 27% year-over-year to $4.4 million, fueled by stronger demand in asset monitoring and space systems, while six-month totals rose 15% to $7.8 million; costs dropped sharply, trimming the operating loss to $6.3 million from $14.7 million. Gross margins held steady around 73%, but the net loss widened to $6.7 million before taxes due to a $22.7 million hit from fair-value changes on convertible notes and warrants—far exceeding the operating shortfall, mainly from stock price swings. Cash swelled to $32.6 million after a $18.8 million direct offering and $2.0 million ATM sales, yet free cash flow stayed negative at $11.8 million for the half-year (derived). Debt stands at $97.7 million fair value, maturing 2028 with SOFR+6.5% rates and tight covenants. Revenue hinges on a handful of customers. Still, momentum builds.
8-K
Board resignation and agreement termination
Satellogic Inc. announced board director Marcos Galperin's resignation effective June 6, 2025, shrinking the board from eight to seven members without any operational disagreements. Separately, on June 5, 2025, the company terminated a 2021 side letter agreement with Nettar Group Inc. and Hannover Holdings S.A., ending Hannover's right to nominate a board member once holding at least 4% of Class A shares. Miguel Gutiérrez stays on as an independent director. Board composition shifts quietly.
10-Q
Q1 FY2025 results
Satellogic's Q1 FY2025 revenue edged up 2% y/y to $3.4M, fueled by stronger asset monitoring demand in the U.S., which now accounts for 76% of sales, while Space Systems dipped. Operating loss narrowed 35% y/y to $9.5M as SG&A and engineering costs fell 31% and 43%, respectively, thanks to workforce cuts and tighter spending. Yet net loss widened to $32.6M, or $(0.34) diluted EPS, from a $22.4M fair-value hit on secured convertible notes and warrants—far exceeding the operating shortfall due to stock price swings. Cash burned $4.7M in operations, with free cash flow at $(6.6M) after $1.9M capex; quarter-end cash stood at $17.7M against $96.6M in notes (maturing 2028 at SOFR+6.5%). A $20M registered direct offering closed in April bolsters the runway. Still, dependence on a handful of customers poses risks.
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