NASDAQ$ASTS

AST SpaceMobile Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Provided a business update for the third quarter of 2021.

AST SpaceMobile provided a business update for the third quarter of 2021, highlighting progress in the build, integration, and testing of the BlueWalker 3 satellite and the agreement to purchase an additional facility in Midland, Texas, to increase satellite production capacity.

  • Made significant progress on BlueWalker 3 satellite.
  • Entered the last stage of build, integration and testing of BlueWalker 3.
  • Entered into an agreement to purchase an additional 100,000 square foot facility in Midland, Texas.
  • Aims to reach a production goal of six satellites per month.

Headline financials

Total Revenue

$2.45M

No prior period
EPS (adj)

$0.07

No prior period
Capital Expenditures

-$11.3M

No prior period
Free Cash Flow

-$7.18M

No prior period
Net Income

$4.12M

No prior period
Operating Income

-$22.8M

No prior period
Gross Profit

$347K

No prior period
Cash & Equivalents

$360M

No prior period
Total Assets

$461M

No prior period
Stock-Based Comp

$1.3M

No prior period

Revenue & EPS history

AST SpaceMobile · Revenue · Quarterly

$2.45M

Q3 2021
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 Q3 2021

Historical avgQ3 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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