How Big Will the SpaceX IPO Be?
Operated up to now as a private business, SpaceX will…
| Period Ending | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $12.5K | -- | -- | -- | $5K | |
| Revenue Growth (YoY) | -- | 386.79% | -- | -- | -80% | |
| Cost of Revenues | $300K | -- | -- | -- | $210.3K | |
| Gross Profit | -$287.5K | -- | -- | -- | -$205.3K | |
| Gross Profit Margin | -2294.06% | -- | -- | -- | -4106% | |
| R&D Expenses | -- | -- | $1M | $464.9K | $770.6K | |
| Selling, General & Admin | $1.6M | -- | -- | -- | $181.9K | |
| Other Inc / (Exp) | $839K | -$5.3M | -$2.7M | -$3.7M | -$6.6M | |
| Operating Expenses | $1.6M | -- | -- | -- | $952.5K | |
| Operating Income | -$1.9M | -- | -- | -- | -$1.2M | |
| Net Interest Expenses | $299.6K | -- | -- | -- | $400.3K | |
| EBT. Incl. Unusual Items | -$1.3M | -- | -- | -- | -$8.2M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$1.3M | -- | -- | -- | -$8.2M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$1.3M | -- | -- | -- | -$8.2M | |
| Basic EPS (Cont. Ops) | -$0.00 | -- | -- | -- | -$0.00 | |
| Diluted EPS (Cont. Ops) | -$0.00 | -- | -- | -- | -$0.00 | |
| Weighted Average Basic Share | $13.2B | -- | -- | -- | $44.1B | |
| Weighted Average Diluted Share | $13.2B | -- | -- | -- | $44.1B | |
| EBITDA | -$1M | -- | -- | -- | -$7.8M | |
| EBIT | -$1M | -- | -- | -- | -$7.8M | |
| Revenue (Reported) | $12.5K | -- | -- | -- | $5K | |
| Operating Income (Reported) | -$1.9M | -- | -- | -- | -$1.2M | |
| Operating Income (Adjusted) | -$1M | -- | -- | -- | -$7.8M | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Revenue | $5K | $5K | -- | -- | -- | |
| Revenue Growth (YoY) | 25% | -- | -- | -- | -- | |
| Cost of Revenues | $52.5K | $90K | $90K | $52.5K | $52.5K | |
| Gross Profit | -$47.5K | -$85K | -$90K | -$52.5K | -$52.5K | |
| Gross Profit Margin | -950% | -1700% | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $73.7K | $204.5K | $217.1K | $168.5K | $47.2K | |
| Other Inc / (Exp) | -$539.8K | -$1.7M | -$1.1M | -$1.4M | -$339.3K | |
| Operating Expenses | $73.7K | $204.5K | $217.1K | $168.5K | $47.2K | |
| Operating Income | -$121.2K | -$289.5K | -$307.1K | -$221K | -$99.7K | |
| Net Interest Expenses | $30.5K | $89K | $377K | -- | -- | |
| EBT. Incl. Unusual Items | -$691.5K | -$2.1M | -$1.8M | -$1.7M | -$480.7K | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$691.5K | -$2.1M | -- | -$1.7M | -$480.7K | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$691.5K | -$2.1M | -$1.8M | -$1.7M | -$480.7K | |
| Basic EPS (Cont. Ops) | -$0.00 | -$0.00 | -$0.00 | -- | -- | |
| Diluted EPS (Cont. Ops) | -$0.00 | -$0.00 | -$0.00 | -- | -- | |
| Weighted Average Basic Share | $16.9B | $28.3B | $34B | $44B | $45B | |
| Weighted Average Diluted Share | $16.9B | $28.3B | $34B | $44B | $45B | |
| EBITDA | -$661K | -$2M | -$1.4M | -$1.6M | -$439K | |
| EBIT | -$661K | -$2M | -$1.4M | -$1.6M | -$439K | |
| Revenue (Reported) | $5K | $5K | -- | -- | -- | |
| Operating Income (Reported) | -$121.2K | -$289.5K | -$307.1K | -$221K | -$99.7K | |
| Operating Income (Adjusted) | -$661K | -$2M | -$1.4M | -$1.6M | -$439K | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Revenue | -- | $68K | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $210K | $360K | $357K | $247.5K | $210K | |
| Gross Profit | -$187K | -$292K | -$332K | -$242.5K | -$210K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $626.2K | $15.5M | $866.8K | $157.6K | -$53.9K | |
| Other Inc / (Exp) | $314.7K | -$6.9M | -$3.2M | -$6.5M | -$3.2M | |
| Operating Expenses | $626.2K | $15.5M | $1.9M | $622.5K | $716.7K | |
| Operating Income | -$813.2K | -$15.8M | -$2.2M | -$865K | -$926.7K | |
| Net Interest Expenses | $198.1K | $1.2M | $1.4M | -- | -- | |
| EBT. Incl. Unusual Items | -$696.6K | -$23.9M | -$6.8M | -$7.8M | -$4.3M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$696.6K | -$23.9M | -$6.8M | -$7.8M | -$4.3M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$696.6K | -$23.9M | -$6.8M | -$7.8M | -$4.3M | |
| Basic EPS (Cont. Ops) | -- | -$0.00 | -$0.00 | -$0.00 | -$0.00 | |
| Diluted EPS (Cont. Ops) | -- | -$0.00 | -$0.00 | -$0.00 | -$0.00 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -$498.5K | -$22.7M | -$5.4M | -$7.3M | -$4.1M | |
| EBIT | -$498.5K | -$22.7M | -$5.4M | -$7.3M | -$4.1M | |
| Revenue (Reported) | -- | $68K | -- | -- | -- | |
| Operating Income (Reported) | -$813.2K | -$15.8M | -$2.2M | -$865K | -$926.7K | |
| Operating Income (Adjusted) | -$498.5K | -$22.7M | -$5.4M | -$7.3M | -$4.1M | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Revenue | $5K | $5K | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $52.5K | $90K | $90K | $52.5K | $52.5K | |
| Gross Profit | -$47.5K | -$85K | -$90K | -$52.5K | -$52.5K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $73.7K | $204.5K | $217.1K | $168.5K | $47.2K | |
| Other Inc / (Exp) | -$539.8K | -$1.7M | -$1.1M | -$1.4M | -$339.3K | |
| Operating Expenses | $73.7K | $204.5K | $217.1K | $168.5K | $47.2K | |
| Operating Income | -$121.2K | -$289.5K | -$307.1K | -$221K | -$99.7K | |
| Net Interest Expenses | $30.5K | $89K | $377K | -- | -- | |
| EBT. Incl. Unusual Items | -$691.5K | -$2.1M | -$1.8M | -$1.7M | -$480.7K | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$691.5K | -$2.1M | -- | -$1.7M | -$480.7K | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$691.5K | -$2.1M | -$1.8M | -$1.7M | -$480.7K | |
| Basic EPS (Cont. Ops) | -$0.00 | -$0.00 | -$0.00 | -- | -- | |
| Diluted EPS (Cont. Ops) | -$0.00 | -$0.00 | -$0.00 | -- | -- | |
| Weighted Average Basic Share | $16.9B | $28.3B | $34B | $44B | $45B | |
| Weighted Average Diluted Share | $16.9B | $28.3B | $34B | $44B | $45B | |
| EBITDA | -$661K | -$2M | -$1.4M | -$1.6M | -$439K | |
| EBIT | -$661K | -$2M | -$1.4M | -$1.6M | -$439K | |
| Revenue (Reported) | $5K | $5K | -- | -- | -- | |
| Operating Income (Reported) | -$121.2K | -$289.5K | -$307.1K | -$221K | -$99.7K | |
| Operating Income (Adjusted) | -$661K | -$2M | -$1.4M | -$1.6M | -$439K | |
| Period Ending | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $225.4K | -- | -- | -- | $300 | |
| Short Term Investments | $235.1K | $385.5K | $550 | $420 | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | $365.4K | $241.4K | $58.3K | |
| Total Current Assets | $460.5K | -- | -- | -- | $58.6K | |
| Property Plant And Equipment | -- | -- | -- | -- | -- | |
| Long-Term Investments | $5K | -- | -- | -- | $32.2K | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $465.5K | -- | -- | -- | $90.9K | |
| Accounts Payable | $354.1K | -- | -- | -- | $626.7K | |
| Accrued Expenses | $2.8M | $2M | $931.4K | $1.5M | $1.8M | |
| Current Portion Of Long-Term Debt | $272.2K | $220.2K | $1.4M | $1.3M | $283.8K | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | $1.6M | $1.5M | $2.3M | $2.8M | $1.6M | |
| Total Current Liabilities | $7.5M | -- | -- | -- | $9.7M | |
| Long-Term Debt | -- | -- | -- | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $7.5M | -- | -- | -- | $9.7M | |
| Common Stock | $13.2M | -- | -- | -- | $46.9M | |
| Other Common Equity Adj | -- | $86.9K | -$572.6K | -$3M | -$1.9M | |
| Common Equity | -$7.1M | -- | -- | -- | -$9.7M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | -$7.1M | -- | -- | -- | -$9.7M | |
| Total Liabilities and Equity | $465.5K | -- | -- | -- | $90.9K | |
| Cash and Short Terms | $460.5K | -- | -- | -- | $300 | |
| Total Debt | $668.2K | -- | -- | -- | $4.7M | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $108.4K | $23.6K | -- | $41.8K | $80 | |
| Short Term Investments | $734.9K | $4.1M | $420 | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $265.4K | $233.1K | $242.4K | $83.3K | -- | |
| Total Current Assets | $1.1M | $4.3M | -- | $125.1K | $80 | |
| Property Plant And Equipment | -- | -- | -- | -- | -- | |
| Long-Term Investments | $5K | $947.5K | -- | $32.4K | $32.5K | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $1.1M | $5.3M | -- | $157.5K | $32.5K | |
| Accounts Payable | $417.8K | $540.4K | -- | $621.3K | $632.3K | |
| Accrued Expenses | $3M | $849.8K | $1.3M | $2.3M | $2.1M | |
| Current Portion Of Long-Term Debt | $118.9K | $1.1M | $802.6K | $54.4K | $291.6K | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | $2.1M | $1.8M | $3.3M | $1.6M | $1.6M | |
| Total Current Liabilities | $8.3M | $6.2M | -- | $9.1M | $11.7M | |
| Long-Term Debt | -- | -- | -- | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $8.3M | $6.2M | -- | $9.1M | $11.7M | |
| Common Stock | $23.3M | $29.9M | -- | $46.2M | $46.9M | |
| Other Common Equity Adj | -- | $3.3M | -$3M | -$1.9M | -$1.9M | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | -$7.2M | -$946.4K | -- | -$8.9M | -$11.6M | |
| Total Liabilities and Equity | $1.1M | $5.3M | -- | $157.5K | $32.5K | |
| Cash and Short Terms | $843.3K | $4.1M | -- | $41.8K | $80 | |
| Total Debt | $629.9K | $1.4M | $1.6M | -- | -- | |
| Period Ending | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$1.3M | -- | -- | -- | -$8.2M | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$720.1K | -- | -- | -- | -$2M | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | $1.1M | $29.4K | $167.5K | |
| Long-Term Debt Repaid | -- | -- | -- | -$49.4K | -$85.6K | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | $4.2K | -- | -- | -- | -- | |
| Cash From Financing | $873.7K | -- | -- | -- | $1.9M | |
| Beginning Cash (CF) | $71.8K | -- | -- | -- | $17.8K | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $153.6K | -- | -- | -- | -$18.1K | |
| Ending Cash (CF) | $225.4K | -- | -- | -- | -$300 | |
| Levered Free Cash Flow | -$720.1K | -- | -- | -- | -$2M | |
| Period Ending | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$10.6M | $15.3M | $26.8M | -$949.3K | -- | |
| Depreciation & Amoritzation | -- | $16.7M | $16.7M | -- | -- | |
| Stock-Based Compensation | -- | $680K | $224K | -- | -- | |
| Change in Accounts Receivable | -- | $2.8M | $6.8M | -- | -- | |
| Change in Inventories | -- | $274K | -$196K | -- | -- | |
| Cash From Operations | -$418.2K | $33.8M | $41.8M | -$835.7K | -- | |
| Capital Expenditures | -- | $9M | $16.3M | -- | -- | |
| Cash Acquisitions | -$365.6K | -- | -- | -- | -- | |
| Cash From Investing | -$158K | -$10.1M | -$11.6M | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | $105K | -- | -- | |
| Special Dividend Paid | $3M | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | $596K | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $441.1K | -$1.9M | -$1.2M | $836K | -- | |
| Beginning Cash (CF) | $188.7K | $61.2M | $81.1M | $10 | -- | |
| Foreign Exchange Rate Adjustment | -- | $827K | $1.3M | -- | -- | |
| Additions / Reductions | -$135K | $22.7M | $30.3M | $300 | -- | |
| Ending Cash (CF) | $53.7K | $84.7M | $112.7M | $310 | -- | |
| Levered Free Cash Flow | -$418.2K | $24.8M | $25.5M | -$835.7K | -- | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$696.6K | -$23.9M | -$6.8M | -$7.8M | -$4.3M | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$225K | -$518.5K | -$2.3M | -$3.4M | -$901.9K | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -$265.4K | -$237.4K | $502.8K | -- | -- | |
| Cash From Investing | -$265.4K | -$679.4K | $913.6K | $3.6K | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $299K | $1.1M | $1.5M | $3.4M | $861.7K | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$191.3K | -$84.8K | $15.8K | $300 | -$40.3K | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -$225K | -$518.5K | -$2.3M | -$3.4M | -$901.9K | |
| Period Ending | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$22.6M | $8.9M | $26.8M | -$5.5M | -$480.7K | |
| Depreciation & Amoritzation | -- | $16.7M | $16.7M | -- | -- | |
| Stock-Based Compensation | -- | $680K | $224K | -- | -- | |
| Change in Accounts Receivable | -- | $2.8M | $6.8M | -- | -- | |
| Change in Inventories | -- | $274K | -$196K | -- | -- | |
| Cash From Operations | -$764.8K | $32.7M | $41.8M | -$2.3M | -$374K | |
| Capital Expenditures | -- | $9M | $16.3M | -- | -- | |
| Cash Acquisitions | -$283.8K | $365.6K | -- | -- | -- | |
| Cash From Investing | -$725.8K | -$9.4M | -$11.6M | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | $105K | -- | -- | |
| Special Dividend Paid | $3M | -- | $2.5M | -- | $1M | |
| Long-Term Debt Issued | -$188.9K | $1.1M | $29.4K | $167.5K | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | $596K | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | $514K | |
| Cash From Financing | $1.5M | -$1.6M | -$1.2M | $2.2M | $373.8K | |
| Beginning Cash (CF) | $478.3K | $61.3M | $81.1M | $71.5K | $310 | |
| Foreign Exchange Rate Adjustment | -- | $827K | $1.3M | -- | -- | |
| Additions / Reductions | -$32.1K | $22.6M | $30.3M | -$27.7K | -$230 | |
| Ending Cash (CF) | $446.2K | $84.8M | $112.7M | $41.8K | $80 | |
| Levered Free Cash Flow | -$764.7K | $23.7M | $24.8M | -$2.3M | -$374K | |
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