Filing Flows › AST SpaceMobile (ASTS) › Q4 2024
AST SpaceMobile (ASTS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 3, 2025
AST SpaceMobile (ASTS) reported revenue of $1.9M for the fourth quarter 2024 (Q4 2024) and +73% from the quarter before.
AST SpaceMobile, Q4 2024: revenue $1.9M, net loss $52.1M, operating cash flow −$28.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | +73% | — |
| Operating profit | −$51.9M | — | — |
| Net earnings | −$52.1M | — | — |
| Operating cash flow | −$28.4M | — | — |
What changed
Revenue was $1.9M in Q4 2024, up 73% from the previous quarter.
Operating costs exceeded revenue by $51.9M, an operating margin of -2733.7%. The quarter ended with a net loss of $52.1M, narrower than the previous quarter's $303.1M loss. Minority interests bore $16.2M of it: to shareholders the quarter was a loss of $35.9M.
Operating cash flow was −$28.4M. Non-cash charges added back $8.5M of depreciation and amortization and $11.4M of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $82.0M exceeded it, leaving free cash flow of −$110.5M.
Questions
What was AST SpaceMobile's revenue in the fourth quarter 2024?
AST SpaceMobile (ASTS) reported revenue of $1.9M for the fourth quarter 2024 (Q4 2024) and +73% from the quarter before.
Source: AST SpaceMobile 10-K on SEC EDGAR.