ASTS Q1 2024 Earnings — AST SpaceMobile, Inc. Revenue & Financial Results | Market Cap Arena

ASTSAST SpaceMobile, Inc.

$27B

Q1 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$500,000

Gross Profit

$500,000100.0% margin

Operating Income

-$56M-11100.0% margin

Net Income

-$20M-3946.0% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+Infinity%

Cash Flow

Operating Cash Flow

-$48M

Free Cash Flow

-$88M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$502M

Total Liabilities

$216M

Stockholders' Equity

$165M

Cash & Equivalents

$210M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$500,000	$0	—
Gross Profit	$500,000	$0	—
Operating Income	-$56M	-$44M	-24.8%
Net Income	-$20M	-$16M	-20.9%