Iridium Communications Inc. (BIT:1IRDM)

Iridium Communications Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	79.31	93.53	71.87	168.77	320.91	237.18
Short-Term Investments	-	-	-	-	-	7.55
Cash & Short-Term Investments	79.31	93.53	71.87	168.77	320.91	244.73
Cash Growth	24.82%	30.13%	-57.42%	-47.41%	31.13%	9.47%
Accounts Receivable	81.05	98.8	91.72	82.27	63.41	61.15
Inventory	77.41	81.28	91.14	39.78	29.04	32.48
Other Current Assets	17.66	19.12	16.36	15.39	11.04	9.46
Total Current Assets	255.42	292.73	271.08	306.2	424.41	347.82
Net Property, Plant & Equipment	2,019	2,081	2,196	2,433	2,662	2,917
Other Intangible Assets	88.9	90.88	41.1	42.58	44	45.5
Goodwill	98.94	98.19	-	-	-	-
Long-Term Investments	41.11	42.52	67.13	49.85	-	-
Other Long-Term Assets	64.31	66.62	86.71	122.07	50.05	50.55
Total Assets	2,568	2,671	2,662	2,954	3,181	3,361
Accounts Payable	11.55	19.72	28.67	21.37	16.2	14.39
Accrued Expenses	44.55	64.81	54.83	67.96	48.12	49.5
Short-Term Debt	-	33.12	15	16.5	16.5	16.77
Unearned Revenue	45.71	51.57	33.06	35.74	28.02	32.41
Total Current Liabilities	101.82	169.21	131.55	141.58	108.84	113.07
Long-Term Debt	1,809	1,758	1,467	1,471	1,582	1,597
Other Long-Term Liabilities	183.51	167.85	174.63	213.19	202.5	231.55
Total Long-Term Liabilities	1,993	1,926	1,642	1,684	1,784	1,828
Total Liabilities	2,094	2,095	1,774	1,825	1,893	1,942
Common Stock	0.11	0.11	0.12	0.13	0.13	0.13
Additional Paid-in Capital	910.88	964.35	1,089	1,125	1,154	1,161
Accumulated Other Comprehensive Income	9.3	18.27	33.91	51.56	-7.05	-17.18
Retained Earnings	-446.67	-406.09	-235.4	-47.74	140.81	275.92
Shareholders' Equity	473.62	576.64	888.1	1,129	1,288	1,419
Total Liabilities & Equity	2,568	2,671	2,662	2,954	3,181	3,361
Total Debt	1,809	1,791	1,482	1,487	1,598	1,614
Net Cash (Debt)	-1,730	-1,697	-1,411	-1,318	-1,277	-1,369
Net Cash Per Share	-15.28	-14.17	-11.09	-10.13	-9.56	-10.26
Book Value	473.62	576.64	888.1	1,129	1,288	1,419
Book Value Per Share	4.18	4.81	6.98	8.67	9.65	10.63
Tangible Book Value	285.77	387.57	847	1,086	1,244	1,374
Tangible Book Value Per Share	2.52	3.24	6.66	8.35	9.32	10.29

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.