Iridium Communications Inc. (LON:0JDO)

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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	50.9	93.53	71.87	168.77	320.91	237.18
Short-Term Investments	-	-	-	-	-	7.55
Cash & Short-Term Investments	50.9	93.53	71.87	168.77	320.91	244.73
Cash Growth	-70.75%	30.13%	-57.42%	-47.41%	31.13%	9.47%
Receivables	105.45	98.8	91.72	82.27	63.41	61.15
Inventory	80.69	81.28	91.14	39.78	29.04	32.48
Prepaid Expenses	16.76	16.26	13.28	11.87	7.3	5.61
Other Current Assets	2.97	2.86	3.08	3.51	3.75	3.85
Total Current Assets	256.75	292.73	271.08	306.2	424.41	347.82
Property, Plant & Equipment	2,051	2,095	2,212	2,450	2,683	2,941
Long-Term Investments	79	89.82	133.63	142.15	-	-
Goodwill	98.94	98.19	-	-	-	-
Other Intangible Assets	89.89	90.88	41.1	42.58	44	45.5
Long-Term Deferred Tax Assets	-	1.8	-	-	-	-
Other Long-Term Assets	34.94	3.23	4.08	12.85	29.68	26.57
Total Assets	2,610	2,671	2,662	2,954	3,181	3,361
Accounts Payable	11.42	19.72	28.67	21.37	16.2	14.39
Accrued Expenses	43.92	59.77	50.5	64.18	44.42	45.67
Short-Term Debt	28.55	33.12	15	16.5	16.5	16.77
Current Portion of Leases	-	5.04	4.33	3.78	3.7	3.84
Current Unearned Revenue	45.42	51.57	33.06	35.74	28.02	32.41
Total Current Liabilities	129.32	169.21	131.55	141.58	108.84	113.07
Long-Term Debt	1,778	1,758	1,467	1,471	1,582	1,597
Long-Term Leases	-	11.06	14.09	15.8	19.59	23.26
Long-Term Unearned Revenue	36.82	38.26	43.97	45.27	48.07	51.26
Long-Term Deferred Tax Liabilities	116.86	114.14	114.64	151.57	134.28	155.08
Other Long-Term Liabilities	30.49	4.4	1.94	0.56	0.56	1.95
Total Liabilities	2,092	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	930.31	964.35	1,089	1,125	1,154	1,161
Retained Earnings	-425.22	-406.09	-235.4	-47.74	140.81	275.92
Comprehensive Income & Other	13.25	18.27	33.91	51.56	-7.05	-17.18
Shareholders' Equity	518.45	576.64	888.1	1,129	1,288	1,419
Total Liabilities & Equity	2,610	2,671	2,662	2,954	3,181	3,361
Total Debt	1,807	1,807	1,501	1,507	1,621	1,641
Net Cash (Debt)	-1,756	-1,713	-1,429	-1,338	-1,300	-1,396
Net Cash Per Share	-15.08	-14.30	-11.23	-10.28	-9.74	-10.46
Filing Date Shares Outstanding	108.16	108.84	122.45	125.97	128.37	134.28
Total Common Shares Outstanding	108.73	110.36	122.78	125.9	131.34	134.06
Working Capital	127.44	123.52	139.53	164.63	315.57	234.75
Book Value Per Share	4.77	5.23	7.23	8.96	9.81	10.59
Tangible Book Value	329.61	387.57	847	1,086	1,244	1,374
Tangible Book Value Per Share	3.03	3.51	6.90	8.63	9.47	10.25
Land	-	8.04	8.04	8.04	8.04	8.04
Buildings	-	39.16	33.43	32.7	30.2	29.92
Machinery	-	3,298	3,295	3,247	3,244	3,242
Construction In Progress	-	280.78	261.23	312.8	266.66	280.49

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.