Company Quick10K Filing
Iridium Communications
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 131 $2,802
10-K 2020-02-25 Annual: 2019-12-31
10-Q 2019-10-29 Quarter: 2019-09-30
10-Q 2019-07-23 Quarter: 2019-06-30
10-Q 2019-04-23 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-10-25 Quarter: 2018-09-30
10-Q 2018-07-31 Quarter: 2018-06-30
10-Q 2018-04-26 Quarter: 2018-03-31
10-K 2018-02-22 Annual: 2017-12-31
10-Q 2017-10-26 Quarter: 2017-09-30
10-Q 2017-07-27 Quarter: 2017-06-30
10-Q 2017-04-27 Quarter: 2017-03-31
10-K 2017-02-23 Annual: 2016-12-31
10-Q 2016-10-27 Quarter: 2016-09-30
10-Q 2016-07-28 Quarter: 2016-06-30
10-Q 2016-04-28 Quarter: 2016-03-31
10-K 2016-02-25 Annual: 2015-12-31
10-Q 2015-10-29 Quarter: 2015-09-30
10-Q 2015-07-30 Quarter: 2015-06-30
10-Q 2015-04-30 Quarter: 2015-03-31
10-K 2015-02-26 Annual: 2014-12-31
10-Q 2014-10-30 Quarter: 2014-09-30
10-Q 2014-07-31 Quarter: 2014-06-30
10-Q 2014-05-01 Quarter: 2014-03-31
10-K 2014-03-04 Annual: 2013-12-31
10-Q 2013-10-31 Quarter: 2013-09-30
10-Q 2013-08-01 Quarter: 2013-06-30
10-Q 2013-05-02 Quarter: 2013-03-31
10-K 2013-03-05 Annual: 2012-12-31
10-Q 2012-08-02 Quarter: 2012-06-30
10-Q 2012-05-03 Quarter: 2012-03-31
10-K 2012-03-06 Annual: 2011-12-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-Q 2011-08-08 Quarter: 2011-06-30
10-Q 2011-05-10 Quarter: 2011-03-31
10-K 2011-03-07 Annual: 2010-12-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-Q 2010-08-09 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-K 2010-03-16 Annual: 2009-12-31
8-K 2020-02-28 Officers
8-K 2020-02-25 Earnings, Exhibits
8-K 2020-02-13 Regulation FD
8-K 2020-02-07 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-02-03 Regulation FD
8-K 2020-01-17 Regulation FD
8-K 2019-11-04 Enter Agreement, Regulation FD, Exhibits
8-K 2019-10-29 Earnings, Exhibits
8-K 2019-10-21
8-K 2019-09-13 Enter Agreement, Regulation FD, Exhibits
8-K 2019-08-21 Regulation FD
8-K 2019-07-23 Earnings, Exhibits
8-K 2019-07-19 Regulation FD
8-K 2019-06-21 Regulation FD
8-K 2019-05-21 Regulation FD
8-K 2019-05-15 Shareholder Vote
8-K 2019-04-26 Sale of Shares, Regulation FD, Exhibits
8-K 2019-04-23 Earnings, Exhibits
8-K 2019-04-22 Regulation FD
8-K 2019-03-07 Regulation FD, Exhibits
8-K 2019-02-28 Earnings, Exhibits
8-K 2019-02-13 Officers
8-K 2019-01-30 Officers, Regulation FD, Exhibits
8-K 2018-12-31 Regulation FD
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-07-31 Earnings, Exhibits
8-K 2018-05-17 Shareholder Vote
8-K 2018-04-26 Earnings, Exhibits
8-K 2018-03-16 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2018-03-09 Enter Agreement
8-K 2018-03-09 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2018-02-26 Officers
8-K 2018-02-26 Sale of Shares, Regulation FD, Exhibits
8-K 2018-02-22 Earnings, Exhibits

Iridium Communications Financials

IRDM Metrics, Comps, Filings

Annual | Quarterly

Business

We were formed as GHL Acquisition Corp., a special purpose acquisition company, in November 2007, for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination. On February 21, 2008, we consummated our initial public offering. On September 29, 2009, we acquired, directly and indirectly, all the outstanding equity of Iridium Holdings LLC, or Iridium Holdings, and changed our name from GHL Acquisition Corp. to Iridium Communications Inc.

Iridium Holdings was formed under the laws of Delaware in 2000, and on December 11, 2000, Iridium Holdings, through its wholly owned subsidiary Iridium Satellite LLC, or Iridium Satellite, acquired certain satellite assets from Iridium LLC, a non-affiliated debtor in possession, pursuant to an asset purchase agreement.

We are the only commercial provider of communications services offering true global coverage, connecting people, organizations and assets to and from anywhere, in real time. Our unique L-band satellite network provides reliable communications services to regions of the world where terrestrial wireless or wireline networks do not exist or are limited, including remote land areas, open ocean, airways, the polar regions and regions where the telecommunications infrastructure has been affected by political conflicts or natural disasters.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
J2 Global (JCOM) 4,501 83% 17.0 5% 2,893 1,809 1,313 1,084 146 342 5,809
United States Cellular (USM) 3,296 0% 16.8 1% 8,291 4,119 2,970 0 114 257 4,313
VEON (VEON) 4,146 0% 14,102 0 0 0 0 3,390
Lumentum Holdings (LITE) 4,479 28% 24.4 -1% 2,868 1,306 1,661 468 -36 162 3,940
Kt (KT) 3,528 0% 32,474,120 17,815,630 0 0 0 0 -20,442
Enersys (ENS) 2,695 25% 12.3 5% 3,291 1,972 3,019 766 179 275 3,387
Intelsat (I) 2,898 0% -4.6 -30% 12,242 16,339 2,203 0 -3,651 -3,651 16,708
Iridium Communications (IRDM) 2,910 0% 10.2 -2% 3,827 2,268 554 0 -62 250 2,544
Vonage Holdings (VG) 3,010 44% 47.5 -2% 1,332 798 1,153 504 -24 69 3,263
Cogent Communications Holdings (CCOI) 2,599 59% 15.3 3% 932 1,123 538 318 30 144 2,203
CommScope (CTV) 2,562 30% 14.8 2% 3,909 2,238 1,660 501 95 219 3,236
Belden (BDC) 2,354 38% -54.0 -5% 3,442 2,303 2,500 961 -186 -64 3,461
Anixter (AXE) 2,284 20% 8.9 4% 4,868 3,117 8,712 1,745 204 379 3,355
WESCO (WCC) 2,056 19% 8.7 5% 5,047 2,861 8,271 1,582 228 374 3,264
ESCO (ESE) 2,051 37% 14.9 6% 1,467 640 813 304 81 153 2,275
Shenandoah Telecommunications (SHEN) 1,549 0% 10.3 3% 1,851 1,375 634 0 56 213 2,192
SK Telecom (SKM) 1,930 0% 42,369,111 20,019,861 0 0 0 0 1,930
Fabrinet (FN) 1,892 12% 11.4 9% 1,290 399 1,606 185 119 154 1,755
Plantronics (PLT) 1,450 45% 8.8 -4% 3,112 2,453 1,880 850 -134 144 1,263
Avaya (AVYA) 1,184 55% 54.5 -10% 6,950 5,650 2,887 1,575 -671 67 3,652

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash136254186876737150465
Accounts Receivable5756555152576871
Inventory1526302828182028
PP&E8431,2115001,9722,4442,8133,2103,371
Assets1,3741,9162,3102,9103,2043,5003,7824,014
Accounts Payable2514131832114313
Long-Term Debt1,8001,6182,045
Liabilities6731,0401,3701,6781,9762,1562,1862,413
Stockholders' Equity7018779391,2321,2291,3441,5961,602
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue26227329278317434350523
Cost of Revenue7161596260658086
Gross Profit19121323316257369269437
R&D1916111816161522
SG&A6668757981838498
Tax253048031-114-7
Net Income406563757111234-13
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating183174183215217225260264
Cash Investing-359-444-486-626-439-242-373-379
Cash Financing19238823543919720217194