Stonegate Updates Coverage on BlackSky Technology, Inc. (BKSY) 4Q24
BlackSky Technology (NYSE: BKSY) reported Q4 2024 financial results with revenue of $30.4M, adjusted EBITDA of $7.4M, and EPS of ($1.01). The company achieved its fifth consecutive quarter of positive adjusted EBITDA, reaching $11.6M compared to $(1.0M) in the previous year.
The Imagery and Software Analytics segment revenue decreased by $1.6M to $17.5M due to a prior project's upfront delivery. The Professional and Engineering segment generated $12.9M, boosted by $7.0M in Indonesian contract deliverables. Consolidated gross margins improved to 77.4% from 66.2% in Q3 2024.
Notable achievements include the successful launch of their first Gen-3 satellite, delivering imagery exceeding customer expectations, and securing multiple nine-figure multi-year contracts, including a 7-year agreement. The company projects FY2025 revenue guidance between $125.0M to $142.0M.
BlackSky Technology (NYSE: BKSY) ha riportato i risultati finanziari del quarto trimestre 2024 con un fatturato di $30,4 milioni, un EBITDA rettificato di $7,4 milioni e un utile per azione (EPS) di ($1,01). L'azienda ha raggiunto il quinto trimestre consecutivo di EBITDA rettificato positivo, raggiungendo $11,6 milioni rispetto a $(1,0 milioni) dell'anno precedente.
Il fatturato del segmento Immagini e Analisi Software è diminuito di $1,6 milioni a $17,5 milioni a causa della consegna anticipata di un progetto precedente. Il segmento Professionale e Ingegneristico ha generato $12,9 milioni, sostenuto da $7,0 milioni in consegne di contratti indonesiani. I margini lordi consolidati sono migliorati al 77,4% rispetto al 66,2% del terzo trimestre 2024.
Tra i risultati notevoli vi è il lancio riuscito del loro primo satellite di terza generazione, che ha fornito immagini superiori alle aspettative dei clienti, e la conquista di diversi contratti pluriennali a nove cifre, incluso un accordo di 7 anni. L'azienda prevede una guida ai ricavi per l'anno fiscale 2025 compresa tra $125,0 milioni e $142,0 milioni.
BlackSky Technology (NYSE: BKSY) informó los resultados financieros del cuarto trimestre de 2024 con ingresos de $30.4 millones, EBITDA ajustado de $7.4 millones y EPS de ($1.01). La compañía logró su quinto trimestre consecutivo de EBITDA ajustado positivo, alcanzando $11.6 millones en comparación con $(1.0 millones) del año anterior.
Los ingresos del segmento Imágenes y Análisis de Software disminuyeron en $1.6 millones a $17.5 millones debido a la entrega anticipada de un proyecto anterior. El segmento Profesional e Ingenierías generó $12.9 millones, impulsado por $7.0 millones en entregas de contratos indonesios. Los márgenes brutos consolidados mejoraron al 77.4% desde el 66.2% en el tercer trimestre de 2024.
Logros notables incluyen el exitoso lanzamiento de su primer satélite de tercera generación, que proporcionó imágenes que superaron las expectativas de los clientes, y la obtención de múltiples contratos plurianuales de nueve cifras, incluyendo un acuerdo de 7 años. La compañía proyecta una guía de ingresos para el año fiscal 2025 entre $125.0 millones y $142.0 millones.
블랙스카이 테크놀로지 (NYSE: BKSY)는 2024년 4분기 재무 결과를 보고하며 수익이 3,040만 달러, 조정 EBITDA가 740만 달러, 주당 순이익(EPS)이 ($1.01)이라고 발표했습니다. 이 회사는 조정 EBITDA가 긍정적인 다섯 번째 연속 분기를 기록하며, 지난해 $(1.0M)와 비교해 1,160만 달러에 도달했습니다.
이미지 및 소프트웨어 분석 부문 수익은 이전 프로젝트의 선행 납품으로 인해 160만 달러 감소하여 1,750만 달러를 기록했습니다. 전문 및 엔지니어링 부문은 인도네시아 계약 납품으로 700만 달러가 증가하여 1,290만 달러를 생성했습니다. 통합 총 마진은 2024년 3분기 66.2%에서 77.4%로 개선되었습니다.
주목할 만한 성과로는 첫 번째 3세대 위성의 성공적인 발사를 통해 고객의 기대를 초과하는 이미지를 제공하고, 7년 계약을 포함한 여러 개의 9자리 다년 계약을 확보한 것입니다. 회사는 2025 회계연도 수익 가이드를 1억 2,500만 달러에서 1억 4,200만 달러 사이로 예상하고 있습니다.
BlackSky Technology (NYSE: BKSY) a publié les résultats financiers du quatrième trimestre 2024 avec des revenus de 30,4 millions de dollars, un EBITDA ajusté de 7,4 millions de dollars et un BPA de ($1,01). L'entreprise a atteint son cinquième trimestre consécutif d'EBITDA ajusté positif, atteignant 11,6 millions de dollars contre $(1,0 million) l'année précédente.
Les revenus du segment Imagerie et Analyse Logicielle ont diminué de 1,6 million de dollars pour atteindre 17,5 millions de dollars en raison de la livraison anticipée d'un projet précédent. Le segment Professionnel et Ingénierie a généré 12,9 millions de dollars, soutenu par 7,0 millions de dollars de livrables de contrats indonésiens. Les marges brutes consolidées se sont améliorées à 77,4 % contre 66,2 % au troisième trimestre 2024.
Parmi les réalisations notables, on trouve le lancement réussi de leur premier satellite de troisième génération, fournissant des images dépassant les attentes des clients, et la sécurisation de plusieurs contrats pluriannuels à neuf chiffres, y compris un accord de 7 ans. L'entreprise prévoit une prévision de revenus pour l'exercice 2025 comprise entre 125,0 millions et 142,0 millions de dollars.
BlackSky Technology (NYSE: BKSY) hat die finanziellen Ergebnisse des vierten Quartals 2024 mit einem Umsatz von 30,4 Millionen US-Dollar, einem bereinigten EBITDA von 7,4 Millionen US-Dollar und einem EPS von ($1,01) veröffentlicht. Das Unternehmen erreichte das fünfte aufeinanderfolgende Quartal mit positivem bereinigtem EBITDA und erreichte 11,6 Millionen US-Dollar im Vergleich zu $(1,0 Millionen) im Vorjahr.
Der Umsatz im Segment Bildgebung und Softwareanalyse ging um 1,6 Millionen US-Dollar auf 17,5 Millionen US-Dollar zurück, was auf die vorzeitige Lieferung eines früheren Projekts zurückzuführen ist. Das Segment Beratung und Ingenieurwesen erzielte 12,9 Millionen US-Dollar, unterstützt durch 7,0 Millionen US-Dollar an indonesischen Vertragslieferungen. Die konsolidierten Bruttomargen verbesserten sich auf 77,4 % von 66,2 % im dritten Quartal 2024.
Zu den bemerkenswerten Erfolgen gehören der erfolgreiche Start ihres ersten Gen-3-Satelliten, der Bilder lieferte, die die Erwartungen der Kunden übertrafen, sowie die Sicherung mehrerer neunstelligiger Mehrjahresverträge, einschließlich eines 7-Jahres-Vertrags. Das Unternehmen prognostiziert für das Geschäftsjahr 2025 einen Umsatz zwischen 125,0 Millionen und 142,0 Millionen US-Dollar.
- Fifth consecutive quarter of positive adjusted EBITDA ($11.6M vs -$1.0M YoY)
- Gross margin improvement to 77.4% from 66.2% QoQ
- Secured multiple nine-figure multi-year contracts
- Successful Gen-3 satellite launch with superior performance
- Strong FY25 revenue guidance of $125-142M
- Revenue missed estimates ($30.4M vs $34.2M consensus)
- EPS missed estimates (-$1.01 vs -$0.27 consensus)
- Imagery segment revenue declined by $1.6M YoY
Dallas, Texas--(Newsfile Corp. - March 7, 2025) - BlackSky Technology, Inc. (NYSE: BKSY): Stonegate Capital Partners updates their coverage on BlackSky Technology, Inc. (NYSE: BKSY). BKSY reported revenue, adj EBITDA, and EPS of
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- The first Gen-3 satellite was successfully launched and began delivering imagery that exceeded customer expectations for initial image quality.
- Awarded several nine-figure multi-year contracts, with one spanning 7 years.
- BKSY set its FY25 revenue guidance in a range of
$125.0M to$142.0M , driven by sizeable multi-year sales opportunities.
Click image above to view full announcement.
About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243673
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