NASDAQ$ASTS

AST SpaceMobile Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

AST SpaceMobile reported its business update for Q2 2021, highlighting progress in industrial, commercial, and organizational aspects towards delivering the SpaceMobile network.

AST SpaceMobile provided a business update for the second quarter of 2021, noting significant progress since its public market debut on April 7th. The company is advancing towards the launch of its next prototype spacecraft, BlueWalker 3, expected in March 2022, and finalizing the design of its next-generation production spacecraft, BlueBird 1.

  • Made significant industrial, commercial, and organizational progress towards delivering the SpaceMobile network.
  • The launch of the next prototype spacecraft, BlueWalker 3, is expected in March 2022.
  • Finalizing a Memorandum of Understanding with MTN Group to begin negotiations regarding testing alongside BlueWalker 3 for an initial two countries.
  • Entered into agreements and understandings with mobile network operators which collectively cover approximately 1.5 billion mobile subscribers.

Headline financials

Total Revenue

$2.77M

Previous: $402K+589.8%
EPS (adj)

-$0.39

Previous: -$0.19-100.6%
Capital Expenditures

-$7M

No prior period
Free Cash Flow

-$72.2M

No prior period
Net Income

-$65.2M

Previous: -$5.59M-1066.0%
Operating Income

-$23.4M

Previous: -$5.97M-292.9%
Gross Profit

$1.66M

Previous: -$370K+548.9%
Cash & Equivalents

$403M

No prior period
Total Assets

$483M

No prior period
Stock-Based Comp

$242K

No prior period

Revenue & EPS history

AST SpaceMobile · Revenue · Quarterly

$2.77M

Q2 2021+589.8%vs Q2 2020
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

This communication contains forward-looking statements that are not historical facts, and involve risks and uncertainties that could cause actual results of AST SpaceMobile to differ materially from those expected and projected.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+2.2%

Avg return

Earnings day

+4.5%

Avg return

5 days after

+18.4%

Avg return

30 days after

38%

10 / 26 earnings

Positive

+60.6%

Q1 2024

Best reaction

-30.7%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+9.9%+11.3%+16.4%
Q4 2025+6.5%+2.9%+6.6%
Q3 2025-1.2%-10.6%+23.4%
Q2 2025+0.0%+7.0%+133.7%
Q1 2025+1.7%-2.1%+80.2%
Q4 2024+11.7%+1.9%-29.8%
Q3 2024-13.1%-6.3%-15.8%
Q2 2024+49.6%+84.2%+42.3%
Q1 2024+60.6%+110.4%+307.2%
Q4 2023-30.7%-24.0%-22.1%
Q3 2023+16.5%+20.7%+37.2%
Q2 2023-13.3%-9.4%-5.4%
Q1 2023-4.1%+2.7%+15.2%
Q4 2022-24.8%-33.8%-17.3%
Q3 2022-15.0%-25.3%-55.2%
Q2 2022+19.8%+5.7%-12.8%
Q1 2022-2.9%+0.8%-17.3%
Q4 2021+2.8%-0.2%-26.9%
Q3 2021-3.0%-8.9%-34.6%
Q2 2021-13.3%-11.7%+16.7%
Q1 2021+4.7%+4.4%+51.4%
Q4 2020-3.9%-6.9%-15.7%
Q2 2020+0.0%-0.3%+0.4%
Q1 2020+0.0%+0.0%+0.2%
Q4 2019-0.3%+0.5%+0.8%
Q3 2019+0.0%+3.6%+0.8%

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