Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
110.45M | 105.70M | 80.27M | 43.38M | 28.49M | Gross Profit |
39.89M | 63.27M | 39.94M | 24.66M | 18.20M | EBIT |
-68.73M | -44.65M | -68.55M | -67.83M | -25.34M | EBITDA |
-55.73M | -23.69M | -54.45M | -17.00M | -19.92M | Net Income Common Stockholders |
-102.82M | -63.96M | -89.41M | -19.31M | -32.50M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
19.21M | 40.87M | 70.28M | 109.26M | 15.57M | Total Assets |
193.57M | 246.82M | 256.51M | 290.19M | 44.42M | Total Debt |
111.41M | 130.70M | 111.62M | 51.12M | 75.28M | Net Debt |
92.21M | 101.55M | 64.43M | -58.13M | 59.70M | Total Liabilities |
205.26M | 176.29M | 146.39M | 101.33M | 93.16M | Stockholders Equity |
-11.69M | 70.54M | 110.12M | 188.86M | -48.74M |
Cash Flow | Free Cash Flow | |||
-45.03M | -53.66M | -66.73M | -73.56M | -25.19M | Operating Cash Flow |
-18.45M | -23.62M | -47.82M | -57.97M | -14.77M | Investing Cash Flow |
-14.23M | -17.65M | -41.83M | -120.85M | -10.41M | Financing Cash Flow |
19.00M | 23.91M | 26.37M | 270.53M | 16.62M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | $1.66B | 54.55 | 17.09% | ― | 3.25% | 56.17% | |
74 Outperform | $4.03B | 49.37 | 6.25% | ― | 32.27% | -40.50% | |
66 Neutral | $4.50B | 12.29 | 5.40% | 248.66% | 4.13% | -12.33% | |
58 Neutral | $3.16B | 549.40 | -13.59% | ― | 37.97% | -499.29% | |
56 Neutral | $368.34M | 7.73 | -2.09% | ― | 65.22% | -133.47% | |
51 Neutral | $372.76M | ― | -337.63% | ― | -11.82% | -2.53% | |
49 Neutral | $469.33M | 12.20 | 6.47% | ― | -4.32% | -22.48% |
On June 4, 2025, Spire Global, Inc. held its annual meeting of stockholders, where key proposals were voted on. The stockholders elected Peter Platzer, Stephen Messer, and Joan Amble as Class I directors to serve until the 2028 annual meeting. Additionally, the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. These decisions are expected to influence the company’s strategic direction and financial oversight in the coming years.
The most recent analyst rating on (SPIR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Spire Global stock, see the SPIR Stock Forecast page.
On May 14, 2025, Spire Global announced its first quarter 2025 results, reporting a revenue of $23.9 million and a 5% improvement in cash flow used in operations year-over-year. The company retired all its debt by the end of April 2025 and expects to maintain over $100 million in cash and equivalents by the year’s end. Spire secured its largest contract to date with the Canadian government to monitor wildfires and expanded its Canadian facility to support this project. Additionally, Spire achieved a significant milestone by establishing a two-way optical link between satellites, enhancing data transmission capabilities. The company also launched advanced AI weather models and secured a contract with Concirrus for aviation data, further solidifying its position in the space-based data industry.
The most recent analyst rating on (SPIR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Spire Global stock, see the SPIR Stock Forecast page.
On April 25, 2025, Spire Global completed the sale of its maritime business to Kpler for approximately $233.5 million. The transaction included a $7.5 million agreement for transitional services. The proceeds from the sale were used to eliminate all outstanding debt, with the remaining funds earmarked for investment in growth opportunities. This strategic move is expected to enhance Spire’s financial position and allow the company to focus on its core space-based data and analytics services. The sale also involved a settlement agreement with L3Harris, resolving previous disputes and contributing to the financial adjustments of the transaction.
Spire Global announced a change in its executive team, with Alison Engel set to replace Thomas Krywe as the Chief Financial Officer, principal financial officer, and principal accounting officer, effective April 1, 2025. However, the transition was delayed to the business day following the filing of an amendment on March 31, 2025, and the grant date for Engel’s restricted stock units was also postponed to this new effective date.
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.
On March 12, 2025, Spire Global, Inc. entered into a securities purchase agreement for a private placement of Class A common stock and pre-funded warrants, raising approximately $40 million. The private placement, which closed on March 14, 2025, aims to support the company’s working capital and general corporate purposes. The transaction, exempt from public offering registration, involves a lock-up agreement restricting stock sales by executives and directors for 90 days post-closing. This strategic financial move is expected to bolster Spire’s operational capabilities and market positioning.