ASTS Q2 2024 Earnings — AST SpaceMobile, Inc. Revenue & Financial Results | Market Cap Arena

ASTSAST SpaceMobile, Inc.

$27B

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$900,000

Gross Profit

$900,000100.0% margin

Operating Income

-$63M-6999.2% margin

Net Income

-$73M-8061.1% margin

EPS (Diluted)

$-0.51

QoQ Revenue Growth

+80.0%

Cash Flow

Operating Cash Flow

-$16M

Free Cash Flow

-$38M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$580M

Total Liabilities

$338M

Stockholders' Equity

$145M

Cash & Equivalents

$285M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$900,000	$0	—
Gross Profit	$900,000	$0	—
Operating Income	-$63M	-$58M	-8.5%
Net Income	-$73M	-$18M	-294.1%