SatixFy Communications (SATX) AI Stock Analysis

• Market Cap: $167.08M
• Dividend Yield: N/A
• Average Volume (3M): 829.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 135
• Sector: Technology
• Sector Strength: 42
• Industry: Communication Equipment
• EPS (TTM): -0.05
• Shares Outstanding: 84,814,170
• 10 Day Avg. Volume: 1,904,247
• 30 Day Avg. Volume: 829,426
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 65.36
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $3.00
• Price Target Upside: 52.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

SatixFy Communications faces significant financial challenges, with high leverage and negative cash flows significantly impacting its financial health. Despite favorable technical indicators suggesting short-term upward momentum, the stock's valuation is unattractive due to the lack of profitability and dividend yield. The absence of clear guidance or sentiment from recent earnings calls adds to the uncertainty about future performance.

SatixFy Communications Business Overview & Revenue Model

Company Description

SatixFy Communications Ltd. develops end-to-end next-generation satellite communications systems. The company offers satellite payloads, user terminals, and modems. Its products include modems that feature software defined radio; fully electronically steered multi beam antennas; and very small aperture terminals and multi-beam fully electronically steered antenna arrays for various mobile applications and services. The company was founded in 2012 and is headquartered in Rehovot, Israel.

How the Company Makes Money

SatixFy Communications makes money through the sale of its satellite communications products and solutions. The company's revenue model is centered around selling hardware such as satellite terminals and modems, as well as offering software and related services that enhance satellite data transmission capabilities. Key revenue streams include direct sales to commercial enterprises, partnerships with satellite operators, and contracts with government agencies. Additionally, the company's advanced technology, such as phased array antennas, positions it as a competitive player in the satellite communications industry, contributing to its earnings. Significant partnerships with other technology companies and organizations in the aerospace sector also play a crucial role in its revenue generation.

SatixFy Communications Financial Statement Overview

Summary

SatixFy Communications is experiencing significant financial distress, with declining revenues, persistent losses, high leverage, and negative cash flows. The financial structure is unstable with negative equity and cash constraints posing serious risks.

Income Statement

SatixFy Communications has faced significant challenges in recent years with declining revenues and persistent losses. The gross profit margin has decreased over the years, indicating challenges in managing production costs. The net profit margin and EBIT margin are also negative, reflecting ongoing operational inefficiencies. Revenue has remained relatively flat, signifying a lack of growth momentum, and the company continues to report substantial net losses.

Balance Sheet

The balance sheet reveals high leverage with a substantial debt-to-equity ratio, highlighting financial risk. The company has negative stockholders' equity, indicating potential solvency issues. While total assets have declined, liabilities have increased, exacerbating the financial imbalance. The return on equity is negative due to net losses, which further impacts the financial health of the company.

Cash Flow

SatixFy Communications' cash flow situation is concerning, with negative operating and free cash flows indicating cash burn. The free cash flow growth rate is negative, and cash flow metrics to net income are unfavorable, suggesting cash flow challenges. Despite some financing inflows, the company struggles to generate positive cash flow from operations, which could impact its ability to sustain operations without external funding.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
11.11M	10.73M	10.63M	21.72M	10.63M
	Gross Profit
6.94M	4.79M	6.13M	12.88M	7.57M
	EBIT
-38.84M	-41.76M	-22.30M	-10.57M	-12.77M
	EBITDA
23.21M	-16.16M	-386.71M	-9.13M	-14.37M
	Net Income Common Stockholders
-4.72M	-29.71M	-435.17M	-20.42M	-16.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.75M	13.98M	11.93M	3.85M	6.98M
	Total Assets
6.49M	54.70M	76.33M	21.31M	25.95M
	Total Debt
3.17M	62.50M	58.23M	21.78M	17.08M
	Net Debt
1.43M	48.52M	46.29M	17.93M	10.10M
	Total Liabilities
11.91M	113.49M	107.95M	58.69M	47.63M
	Stockholders Equity
-5.42M	-58.79M	-31.62M	-37.39M	-21.68M
Cash Flow		Free Cash Flow
-14.60M	-24.87M	-32.05M	-6.08M	-5.90M
	Operating Cash Flow
-14.39M	-24.64M	-31.48M	-5.87M	-5.60M
	Investing Cash Flow
17.38M	17.34M	-582.00K	-10.00K	-299.00K
	Financing Cash Flow
-484.00K	9.11M	40.52M	2.75M	7.95M

SatixFy Communications Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SATX, the sentiment is Positive. The current price of 1.97 is above the 20-day moving average (MA) of 1.37, above the 50-day MA of 1.28, and above the 200-day MA of 0.95, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 69.34 is Neutral, neither overbought nor oversold. The STOCH value of 34.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SATX.

SatixFy Communications Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IRDM	70 Outperform	$2.97B	29.02	15.40%	2.01%	5.05%	632.38%
GILT	67 Neutral	$358.07M	14.41	8.58%	―	14.79%	5.04%
Sector *	57 Neutral	$20.94B	10.43	-13.41%	2.52%	4.53%	-23.34%
VSAT	54 Neutral	$1.35B	―	-8.49%	―	19.02%	76.67%
ASTS	48 Neutral	$6.92B	―	-103.82%	―	―	-85.21%
SATX	47 Neutral	$167.08M	―	50.55%	―	―	―
SPCE	42 Neutral	$100.19M	―	-83.78%	―	3.47%	53.31%