Sector: Technology | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 923 Incline Way #39 INCLINE VILLAGE NV 89451 |
Tel: | N/A |
Website: | https://www.aerkomm.com |
IR: | See website |
Key People | ||
Jeffrey Wun President, Chief Technology Officer, Director | Louis Giordimaina Chief Executive Officer, Interim Chief Financial Officer, Director | Georges Caldironi Chief Operating Officer |
Business Overview |
Aerkomm Inc. is a space technology company. The Company is a development stage service provider of in-flight entertainment and connectivity (IFEC) solutions. The Company's wireless connectivity solution provides access to media content, including movies, videos, music, news feeds, video games, advertising, and promotions. It also provides satellite-based solutions for mobile backhaul to help operators deliver a user experience. Its full-dominance glass semiconductor antenna (FGSA) technology transforms phased array antenna technology from printed circuit board (PCB)-based systems to semiconductor-based. This technology integrates an antenna and circuits that are built using a semiconductor process, allowing for a higher degree of integration and smaller form factor. Its products include radio frequency integrated circuit (RF IC), Modem, EdgeKomm Box and others. EdgeKomm Box is an advanced computing device that optimizes connectivity services and over-the-top (OTT) content delivery. |
Financial Overview |
For the nine months ended 30 September 2023, Aerkomm Inc revenues increased from $6K to $516K. Net loss increased 28% to $11.5M. Revenues reflect Service Income Related Party increase from $3K to $62K. Higher net loss reflects Operating expenses - Balancing value increase of 70% to $10.3M (expense), Research & Development Expense increase from $0K to $1.3M (expense), Interest Expense - Balancing value increase from $7K to $236K (expense). |
Employees: | 26 as of Dec 31, 2021 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $73.43M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.51M as of Sep 30, 2023 |
EBITDA (TTM): | -$14.71M as of Sep 30, 2023 |
Net annual income (TTM): | -$14.40M as of Sep 30, 2023 |
Free cash flow (TTM): | -$12.76M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $29.91M as of Sep 30, 2023 |
Shares outstanding: | 16,869,613 as of Jan 18, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |