SatixFy
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 10.6m | 21.7m | 10.6m | 10.7m |
% growth | - | 104 % | (51 %) | 1 % |
EBITDA | (13.8m) | (10.4m) | (349m) | <1m |
% EBITDA margin | (130 %) | (48 %) | (3288 %) | 9 % |
Profit | (17.6m) | (17.0m) | (398m) | (29.7m) |
% profit margin | (165 %) | (78 %) | (3744 %) | (277 %) |
EV / revenue | - | - | 61.5x | 7.3x |
EV / EBITDA | - | - | -1.9x | 78.0x |
R&D budget | 16.6m | 17.9m | 16.8m | 29.1m |
R&D % of revenue | 156 % | 83 % | 158 % | 271 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $25.0m | Series B | |
N/A | N/A | Series B | |
* | $29.0m | SPAC Private Placement | |
* | $200m Valuation: $365m 16.8x EV/LTM Revenues -35.2x EV/LTM EBITDA | SPAC IPO | |
* | $55.0m | Debt | |
* | $75.0m | Post IPO Equity | |
* | $60.0m | Post IPO Equity | |
Total Funding | AUD83.5m |
Related Content
Recent News about SatixFy
EditSatixFy operates in the satellite communication technology sector, focusing on developing advanced solutions for electronically steered antennas and beam hopping. The company serves a diverse range of clients, including aerospace firms, satellite operators, and communication service providers. SatixFy’s core products include Digital Beam Forming (DBF) technology and Electronically Steered Multi Beam Antenna Arrays (ESMA), which are designed to enhance satellite capacity and connectivity. The company’s business model revolves around the development and sale of proprietary chipsets (ASICs and RFICs) and communication systems, generating revenue through product sales and licensing agreements. SatixFy has established itself as a key player in the UK space sector, contributing to job creation and technological advancements. The company’s innovative solutions are tailored for various applications, including in-flight connectivity for business jets and commercial aircraft, offering a blend of thin form factor, lightweight, scalable size, and multi-beam operation.
Keywords: satellite communication, digital beam forming, beam hopping, electronically steered antennas, ASICs, RFICs, in-flight connectivity, aerospace, UK space sector, multi-beam operation.