An update from Spire Global ( (SPIR) ) is now available.
On March 31, 2025, Spire Global announced its financial results for the fourth quarter and full year of 2024, reporting a 13% year-over-year revenue growth to $110.5 million. The company also highlighted a 49% improvement in cash flows used in operations and a 16% improvement in free cash flow, reflecting progress towards positive free cash flow. Spire emphasized its strategic focus on operational efficiency and productivity to enhance market responsiveness and increase margins. Additionally, Spire announced a mission with Mission Control to explore AI in space and a partnership with LatConnect60 to improve sustainable agriculture practices using its satellite data.
More about Spire Global
Spire Global, Inc. is a global provider of space-based data, analytics, and space services. The company focuses on leveraging its satellite constellation to deliver insights and services across various sectors, including weather forecasting, maritime, aviation, and agriculture.
YTD Price Performance: -43.48%
Average Trading Volume: 667,873
Technical Sentiment Signal: Buy
Current Market Cap: $262.8M
See more data about SPIR stock on TipRanks’ Stock Analysis page.