Iridium Communications Inc.
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile vo…
Telecommunications Services
US, McLean [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 23.00 | 151.00 | 183.00 | 174.00 | 183.00 | 214.00 | 217.00 | 225.00 | 259.00 | 263.00 | 198.00 | 249.00 | 302.00 | 344.00 | 314.00 | |
| Operating Cash (Net) | 23.00 | 151.00 | 183.00 | 174.00 | 183.00 | 214.00 | 217.00 | 225.00 | 259.00 | 263.00 | 198.00 | 249.00 | 302.00 | 344.00 | 314.00 | |
| Accounts Receivable | 5.00 | -9.00 | -7.00 | - - | 1.00 | 3.00 | -1.00 | -6.00 | -10.00 | -12.00 | 2.00 | 6.00 | -1.00 | -18.00 | -9.00 | |
| Accounts Payable | 3.00 | 3.00 | - - | - - | -5.00 | -2.00 | 3.00 | 3.00 | - - | - - | -4.00 | 7.00 | -2.00 | 4.00 | 2.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 12.00 | 21.00 | 17.00 | -10.00 | -13.00 | 10.00 | -2.00 | -15.00 | 17.00 | 35.00 | -30.00 | -15.00 | -3.00 | -17.00 | -56.00 | |
| Other WC | -11.00 | 17.00 | 22.00 | - - | -4.00 | 9.00 | -3.00 | -21.00 | 28.00 | 56.00 | -15.00 | -36.00 | -3.00 | 6.00 | 1.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | 354.00 | -242.00 | -359.00 | -443.00 | -485.00 | -626.00 | -439.00 | -242.00 | -372.00 | -378.00 | -127.00 | -46.00 | -36.00 | -121.00 | -83.00 | |
| Capital Expenditure | -7.00 | -237.00 | -359.00 | -441.00 | -403.00 | -441.00 | -494.00 | -405.00 | -400.00 | -391.00 | -117.00 | -38.00 | -42.00 | -71.00 | -73.00 | |
| Purchases of Investments | 7.00 | - - | - - | - - | -126.00 | -275.00 | -204.00 | -19.00 | -7.00 | -235.00 | -10.00 | -7.00 | -1.00 | -50.00 | -10.00 | |
| Sale/Maturity of Investment | 401.00 | - - | - - | - - | 49.00 | 90.00 | 260.00 | 183.00 | 34.00 | 248.00 | - - | 7.00 | 7.00 | 100.00 | - - | |
| Property, Plant, Equipment (P&PE) | -7.00 | -237.00 | -359.00 | -441.00 | -403.00 | -441.00 | -494.00 | -405.00 | -400.00 | -391.00 | -117.00 | -38.00 | -42.00 | -71.00 | -73.00 | |
| Acquisitions (Net) | -39.00 | -4.00 | - - | -1.00 | -5.00 | 441.00 | 494.00 | 494.00 | 400.00 | 391.00 | - - | - - | 42.00 | -50.00 | - - | |
| Other Investing Activities | -7.00 | -4.00 | - - | -1.00 | -82.00 | -441.00 | -494.00 | -494.00 | -400.00 | -391.00 | -10.00 | -7.00 | -42.00 | -50.00 | -10.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -230.00 | -63.00 | -192.00 | -387.00 | -234.00 | -438.00 | -197.00 | -224.00 | -16.00 | -193.00 | -313.00 | -188.00 | -182.00 | -374.00 | -327.00 | |
| Debt Repayment | -117.00 | - - | -22.00 | - - | -287.00 | -252.00 | -215.00 | -251.00 | -18.00 | -140.00 | -1,734.00 | -395.00 | -195.00 | -116.00 | -72.00 | |
| Dividends Paid | - - | - - | - - | -1.00 | -7.00 | -11.00 | -15.00 | -15.00 | -3.00 | -15.00 | -8.00 | - - | - - | - - | -64.00 | |
|
Common Stock
|
407 | - - | - - | - - | - - | 98 | 3 | - - | 4 | 12 | 18 | 17 | 170 | 260 | 314 | |
| Issued | 149.00 | - - | - - | 96.00 | - - | 98.00 | 2.00 | - - | 2.00 | 10.00 | 13.00 | 12.00 | 7.00 | 3.00 | 67.00 | |
| Repurchased | -257.00 | - - | - - | - - | - - | - - | - - | - - | -1.00 | -1.00 | -4.00 | -4.00 | -163.00 | -257.00 | -247.00 | |
| Other Financing Activities | -4.00 | 63.00 | 214.00 | 292.00 | 241.00 | 351.00 | 212.00 | -11.00 | 20.00 | 349.00 | 1,421.00 | 207.00 | 176.00 | -5.00 | -10.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | - - | 147.00 | 119.00 | 136.00 | 254.00 | 186.00 | 211.00 | 185.00 | 484.00 | 388.00 | 465.00 | 223.00 | 237.00 | 320.00 | 168.00 | |
| End of Period | 147.00 | 119.00 | 136.00 | 254.00 | 186.00 | 211.00 | 185.00 | 371.00 | 388.00 | 465.00 | 223.00 | 237.00 | 320.00 | 168.00 | 71.00 | |
| Change | 147.00 | -27.00 | 16.00 | 118.00 | -68.00 | 24.00 | -25.00 | 185.00 | -96.00 | 77.00 | -241.00 | 13.00 | 83.00 | -152.00 | -96.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 22.00 | 90.00 | 97.00 | 81.00 | 74.00 | 72.00 | 51.00 | 49.00 | 122.00 | 218.00 | 297.00 | 303.00 | 305.00 | 303.00 | 320.00 | |
| Stock Based Compensation | - - | 5.00 | 5.00 | 7.00 | 6.00 | 9.00 | 8.00 | 13.00 | 15.00 | 14.00 | 15.00 | 16.00 | 26.00 | 43.00 | 57.00 | |
| Other | 34.00 | - - | - - | 1.00 | 4.00 | 6.00 | 89.00 | 2.00 | -14.00 | 17.00 | 131.00 | 34.00 | 4.00 | 7.00 | 10.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 15.00 | -86.00 | -175.00 | -267.00 | -220.00 | -226.00 | -277.00 | -180.00 | -140.00 | -127.00 | 80.00 | 211.00 | 260.00 | 273.00 | 241.00 | |
| Cash Conversion Cycle (CCC) | 370.00 | 33.00 | 30.00 | 97.00 | 107.00 | 78.00 | 32.00 | 71.00 | -11.00 | 87.00 | 128.00 | 84.00 | 68.00 | 75.00 | 143.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | - - | - - | - - | - - | - - | -2.00 | - - | - - | - - | -1.00 | 1.00 | -1.00 | - - | - - | -1.00 |