Iridium Communications Inc. (IRDM)

Iridium Communications Cash Flow Statement

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
Net Income	123.54	112.78	15.42	8.72	-9.32	-56.05
Depreciation & Amortization	205.05	203.13	282.5	303.48	305.43	303.17
Other Amortization	2.6	2.52	3.74	4.6	4.2	3.66
Asset Writedown & Restructuring Costs	-	-	37.5	-	-	-
Loss (Gain) on Equity Investments	-16.17	-15.25	6.09	1.5	-	-
Stock-Based Compensation	61.21	63.46	57.46	43.73	26.78	16.71
Other Operating Activities	4.81	7.28	-31.1	0.64	-20.6	-2.35
Change in Accounts Receivable	-11.27	-6.37	-9.54	-18.71	-1.82	6.38
Change in Inventory	11.92	9.82	-50.96	-10.18	3.59	7.23
Change in Accounts Payable	-19.47	-18.81	2.76	4.73	-2.17	7.41
Change in Unearned Revenue	1.18	6.85	-2.96	4.87	-7.53	-21.69
Change in Other Net Operating Assets	2.22	10.56	4.01	1.35	4.3	-14.71
Operating Cash Flow	365.61	375.96	314.91	344.73	302.87	249.77
Operating Cash Flow Growth	15.19%	19.38%	-8.65%	13.82%	21.26%	26.05%
Capital Expenditures	-79.87	-69.89	-73.49	-71.27	-42.15	-38.69
Cash Acquisitions	-110.71	-110.71	-	-	-	-
Investment in Securities	-	-	-10	-50	5.77	-7.78
Investing Cash Flow	-190.59	-180.6	-83.49	-121.27	-36.38	-46.47
Long-Term Debt Issued	-	419.78	63.94	-	179.29	202
Long-Term Debt Repaid	-	-114.19	-72.32	-116.5	-195.79	-395.83
Net Debt Issued (Repaid)	200.24	305.59	-8.38	-116.5	-16.5	-193.83
Issuance of Common Stock	2.14	3.44	3.96	3.87	7.44	12.72
Repurchase of Common Stock	-434.81	-414.43	-256.7	-262.35	-169.36	-4.51
Common Dividends Paid	-64.35	-64.74	-64.77	-	-	-
Dividends Paid	-64.35	-64.74	-64.77	-	-	-
Other Financing Activities	-0.29	-0.35	-1.16	-	-4.05	-2.56
Financing Cash Flow	-297.07	-170.48	-327.05	-374.98	-182.47	-188.19
Foreign Exchange Rate Adjustments	-1.08	-3.22	-1.27	-0.63	-0.29	-1.49
Net Cash Flow	-123.13	21.66	-96.9	-152.14	83.74	13.62
Free Cash Flow	285.74	306.07	241.43	273.46	260.73	211.08
Free Cash Flow Growth	13.28%	26.77%	-11.71%	4.88%	23.52%	162.78%
Free Cash Flow Margin	33.95%	36.84%	30.53%	37.93%	42.43%	36.18%
Free Cash Flow Per Share	2.45	2.56	1.90	2.10	1.95	1.58
Cash Interest Paid	96.52	95.31	91.94	63.88	72.2	98.71
Cash Income Tax Paid	6.3	5.25	4.23	2.22	1.78	-0.66
Levered Free Cash Flow	261.04	284.16	213.04	283.76	272.79	256.35
Unlevered Free Cash Flow	320.18	342.71	270.08	322.6	314.78	312.64
Change in Net Working Capital	-0.92	-18.84	70.85	1.28	4.24	-9.27

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q