Technology - Communication Equipment - NYSE - IL
$ 0.7808
-5.93 %
$ 66.2 M
Market Cap
-15.62
P/E
SatixFy Communications Ltd. develops end-to-end next-generation satellite communications systems. The company offers satellite payloads, user terminals, and modems. Its products include modems that feature software defined radio; fully electronically steered multi beam antennas; and very small aperture terminals and multi-beam fully electronically steered antenna arrays for various mobile applications and services. The company was founded in 2012 and is headquartered in Rehovot, Israel.[ Read More ]
The intrinsic value of one SATX stock under the base case scenario is HIDDEN Compared to the current market price of 0.781 USD, Satixfy Communications Ltd. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart SATX
FINANCIALS
10.7 M
REVENUE
-41.8 M
OPERATING INCOME
-29.7 M
NET INCOME
-24.6 M
OPERATING CASH FLOW
17.3 M
INVESTING CASH FLOW
9.11 M
FINANCING CASH FLOW
4.14 M
REVENUE
-6.05 M
OPERATING INCOME
-9.98 M
NET INCOME
0
OPERATING CASH FLOW
0
INVESTING CASH FLOW
0
FINANCING CASH FLOW
Balance Sheet Decomposition
Satixfy Communications Ltd.
| Current Assets | 47.3 M |
| Cash & Short-Term Investments | 14 M |
| Receivables | 29.5 M |
| Other Current Assets | 3.81 M |
| Non-Current Assets | 7.41 M |
| Long-Term Investments | 3.55 M |
| PP&E | 3.66 M |
| Other Non-Current Assets | 208 K |
| Current Liabilities | 50 M |
| Accounts Payable | 1.38 M |
| Short-Term Debt | -25.7 M |
| Other Current Liabilities | 74.3 M |
| Non-Current Liabilities | 63.5 M |
| Long-Term Debt | 61.9 M |
| Other Non-Current Liabilities | 1.61 M |
EFFICIENCY
Earnings Waterfall
Satixfy Communications Ltd.
| Revenue | 10.7 M |
| Cost Of Revenue | 5.94 M |
| Gross Profit | 4.79 M |
| Operating Expenses | 46.5 M |
| Operating Income | -41.8 M |
| Other Expenses | -12 M |
| Net Income | -29.7 M |
RATIOS
44.66%
GROSS MARGIN
-389.20%
OPERATING MARGIN
-276.93%
NET MARGIN
50.55%
ROE
-54.32%
ROA
165.76%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Satixfy Communications Ltd.
| Net Income | -29.7 M |
| Depreciation & Amortization | 1.24 M |
| Capital Expenditures | -235 K |
| Stock-Based Compensation | 2.95 M |
| Change in Working Capital | -23.2 M |
| Others | 1.27 M |
| Free Cash Flow | -24.9 M |
Wall Street Analysts Price Targets
Satixfy Communications Ltd.
SATX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Satixfy Communications Ltd.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
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6-9 MONTHS
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9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Telesat Signs US$39 Million Contract with SatixFy to Develop and Deliver Landing Station Baseband Units for Telesat Lightspeed Network
OTTAWA, ON and REHOVOT, Israel , Nov. 4, 2024 /PRNewswire/ -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced that SatixFy Communications Ltd. ("SatixFy") (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, will develop and deliver the Landing Station Baseband Units for the upcoming Telesat Lightspeed Network.
prnewswire.com
- 1 week ago
SatixFy Signs Agreements Worth $10 Million, Including $5 Million in New Agreements and a $5 Million Prepayment Associated With an Existing Contract With MDA Space
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that it has signed new agreements in aggregate valued at $5 million, alongside an immediate prepayment of a previously announced $5 million associated with an amendment to an existing contract with MDA Space Ltd. (“MDA Space”) (TSX: MDA), a provider of advanced technology and services to.
businesswire.com
- 3 weeks ago
SatixFy Announces a Landmark Order for its Prime2 Space Grade Digital Beam Former Chips of More Than $20 Million
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced it has secured a significant order from an undisclosed customer. Under the terms of the order, SatixFy will be supplying Prime2 Space-Grade chips and software over the coming five quarters in exchange for payment from the customer to SatixFy of more than $20 million. This is a follow up.
businesswire.com
- 5 months ago
SatixFy's CEO to Present at Maxim Group's Virtual TMT Investor Conference on June 5, 2024
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that CEO Nir Barkan will participate in a fireside chat discussion at Maxim Group's Virtual Investor Conference on June 5, 2024 at 9:00 am ET. The conference is billed to explore how emerging growth companies are leveraging new technologies such as Artificial Intelligence (AI) to positio.
businesswire.com
- 5 months ago
SatixFy Announces First Quarter 2024 Results
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE American: SATX), a pioneering force in next-generation satellite communication systems driven by in-house developed chipsets, has released its consolidated financial results as of and for the three months ended March 31, 2024. Financial Highlights for the First Quarter of 2024 Total Revenues for the first quarter of 2024 were $1.9 million, a decrease of 20% compared to $2.4 million in the first quar.
businesswire.com
- 5 months ago
SatixFy and SCOTTY Group Partner to Supply In-Flight Connectivity Terminals
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, announced a collaboration and the first order of its in-flight connectivity (IFC) terminals, Onyx, with SCOTTY Group Austria GmbH (“SCOTTY”), a leading manufacturer and integrator of communication solutions, including in-flight connectivity for aircraft. The Onyx is an all-inclusive, high-performance sa.
businesswire.com
- 5 months ago
SatixFy Announces Full Year 2023 Results
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE AMERICAN: SATX), a pioneering force in next-generation satellite communication systems driven by in-house developed chipsets, has released its consolidated financial results for the full year period ended December 31, 2023. The Company has filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the “Annual Report”) with the U.S. Securities and Exchange Commission (“SEC”) and can b.
businesswire.com
- 7 months ago
SatixFy's Space Chips Advance into Customer Testing Stage
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced the advancement of its Prime 2.0 Digital Beamformer (DBF) chip (the “Prime 2.0 Chip”) and the Sx4000 Digital Payload On-Board-Processing Chip (the “Sx4000 Chip”) for Digital Satellite Payload, to the stage of advanced customer sampling. Both the Prime 2.0 Chip and the Sx4000 Chip are pre.
businesswire.com
- 8 months ago
SatixFy to Showcase its Cutting-Edge Space-to-Ground SatCOM Solutions at Satellite Show 2024
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”, or the “Company”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house developed chipsets, today announced that it will be exhibiting its latest innovations at Satellite Show 2024, which is being held at the Walter E. Washington convention center in Washington, D.C., from March 19 to 21, 2024. Visitors to the SatixFy booth (#2219) will have the opportunity to delve into the.
businesswire.com
- 8 months ago
SatixFy to Participate at the 36th Annual ROTH Conference on March 18, 2024
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, will participate at the 36th Annual ROTH investment conference in Dana Point, California on Monday, March 18, 2024. The conference will feature in-person one-on-one and small group meetings, thematic industry panels and fireside chats. Past conferences have attracted thousands of participants, including.
businesswire.com
- 8 months ago
The NYSE American Accepts SatixFy's Plan to Regain Compliance with Listing Standards
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, announced that on February 6, 2024, it received written notice from the NYSE American LLC (“NYSE American”) stating that it has reviewed the Company's January 5, 2024 plan of compliance addressing how it intends to regain compliance with certain NYSE American continued listing standards.
businesswire.com
- 9 months ago
SatixFy to Participate at the 26th Annual Needham Growth Conference
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, announced today management's participation in the 26th Annual Needham Growth Conference. Nir Barkan, Acting CEO of SatixFy, will be giving a presentation accessible through the conference web portal, on January 19, 2024 at 08:45am Eastern Time. Management will also be attending the conference virtually.
businesswire.com
- 10 months ago
8. Profile Summary
Satixfy Communications Ltd. SATX
COUNTRY
IL
INDUSTRY
Communication Equipment
MARKET CAP
$ 66.2 M
Dividend Yield
0.00%
Description
SatixFy Communications Ltd. develops end-to-end next-generation satellite communications systems. The company offers satellite payloads, user terminals, and modems. Its products include modems that feature software defined radio; fully electronically steered multi beam antennas; and very small aperture terminals and multi-beam fully electronically steered antenna arrays for various mobile applications and services. The company was founded in 2012 and is headquartered in Rehovot, Israel.
Contact
12 Hamada Street, Rehovot, 670315
https://www.satixfy.com
IPO Date
Oct. 31, 2022
Employees
135
Officers
Mr. Nir Barkan
Acting Chief Executive Officer and Chief Product & Strategy Officer
Mr. Itzik Ben Bassat
Chief Operating Officer
Mr. Yoav Leibovitch
Co-Founder & Executive Chairman of the Board
Mr. Oren Harari
Interim Chief Financial Officer
Mr. Stephane Zohar
Executive Vice President of VLSI
Mr. Doron Rainish
Chief Technology Officer
Mr. Charles A. Bloomfield
Chief Executive Officer of SatixFy Space Systems UK Ltd
Mr. Divaydeep Sikri
Vice President & Chief Engineer