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Founded in 2014, BlackSky Technology Inc. ( BlackSky, the Company, we, us, or our ) is a space-based technology company that delivers real-time imagery, analytics and high-frequency monitoring of the world s most critical and strategic locations, economic assets, and events. By taking a software-first technology approach, we are delivering real-time space-based intelligence at disruptive speed,…
The business is unprofitable at the operating level (-44.01% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 4.4%, steady but not accelerating.
Negative free cash flow of -$45M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$98M
▲ +4.4% YoY
Net Income (TTM)
-$87M
▼ -22.8% YoY
Op. Margin
-54.66%
▼ -0.6pp YoY
ROIC
-15.25%
▲ +3.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$74M
▼ -101.8% YoY
Op. Cash Flow (TTM)
-$58M
▼ -343.5% YoY
Net Debt
$95M
Cash & Equiv.
$116M
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