Reported Earnings • Feb 08
First half 2023 earnings released: CHF0.27 loss per share (vs CHF0.30 loss in 1H 2022) First half 2023 results: CHF0.27 loss per share (improved from CHF0.30 loss in 1H 2022). Net loss: CHF10.2m (loss narrowed 11% from 1H 2022). 공시 • Feb 07
Astrocast SA, Annual General Meeting, Jun 28, 2024 Astrocast SA, Annual General Meeting, Jun 28, 2024. 공시 • Dec 23
Astrocast SA, Annual General Meeting, Jan 15, 2024 Astrocast SA, Annual General Meeting, Jan 15, 2024, at 15:00 Central European Standard Time. Location: office of Niederer Kraft Frey SA, Place de l'Université 8 Geneva Switzerland Agenda: To consider Approval of the Annual Report, the Annual Financial Statements and the Consolidated Financial Statements for the business year 2022 and appropriation of the results; to consider Consultative vote on the 2022 Compensation Report; to consider Discharge of the members of the Board of Directors and of the Senior Management; to consider Re-election of the members of the Board of Directors and of the Chairman of the Board of Directors; to consider Re-election of the Auditors; and to consider other matters. Reported Earnings • Dec 01
Full year 2022 earnings released Full year 2022 results: Net loss: CHF21.1m (loss narrowed 1.2% from FY 2021). New Risk • Oct 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr109.1m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Share price has been highly volatile over the past 3 months (23% average weekly change). Revenue has declined by 60% over the past year. Revenue is less than US$1m (CHF531k revenue, or US$580k). Market cap is less than US$10m (kr109.1m market cap, or US$9.93m). New Risk • Oct 01
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Share price has been highly volatile over the past 3 months (23% average weekly change). Revenue has declined by 60% over the past year. Revenue is less than US$1m (CHF531k revenue, or US$580k). Minor Risk Market cap is less than US$100m (kr112.9m market cap, or US$10.6m). 공시 • May 27
Astrocast SA to Report Fiscal Year 2022 Results on Jun 30, 2023 Astrocast SA announced that they will report fiscal year 2022 results on Jun 30, 2023 공시 • Jan 05
Astrocast Launches Four Spacecraft; Increases Constellation to 18 Satellites Astrocast launched four Astrocast 3U spacecraft into space on January 3. This launch is a significant milestone for Astrocast's nanosatellite IoT network; and enables the company to increase its commercial constellation to 18 satellites - making Astrocast one of the top 3 LEO satellite operators in Europe, based on the number of commercial satellites currently in low Earth orbit. These new satellites improve the capacity and reliability of Astrocast's network and will play a key part in providing to customers across the globe. This recent launch took place at Cape Canaveral Space Force Station, with D-Orbit's ION Satellite Carrier on the Transporter 6 mission with the SpaceX Falcon 9 rocket. 공시 • Nov 29
Astrocast Launches Four Spacecraft; Increases Constellation to 14 Satellites Astrocast, launched four Astrocast 3U spacecraft on Saturday, 26th November into space. This launch is a significant milestone for Astrocast’s nanosatellite IoT network; and enables the company to increase its commercial constellation to 14 satellites – making Astrocast one of the top 40 satellite operators in the world, based on the number of satellites currently in orbit. These new satellites improve the capacity and reliability of Astrocast’s network, and will play a key part in providing direct-to-satellite and highly secured connectivity to customers across the globe. This recent launch mission took place at Sriharikota, India's Satish Dhawan Space Center. India's Polar Satellite Launch Vehicle (PSLV-C54) mission - with Spaceflight - carried Astrocast’s spacecraft as a co-passenger to sun-synchronous orbit (SSO) into space, along with the Indian national primary satellite. For context, Astrocast’s network went live in January 2021 with an initial launch of five nanosatellites. These were originally commissioned to serve commercial customers. In June 2021, another five satellites were deployed on the SXRS-5 Spaceflight mission, onboard the SpaceX Falcon 9 rocket. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Chairman Jose Achache was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Major Estimate Revision • Jun 18
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CHF6.96m to CHF2.72m. EPS estimate increased from -CHF0.65 to -CHF0.57 per share. Aerospace & Defense industry in Norway expected to see average net income growth of 30% next year. Consensus price target down from kr89.41 to kr59.94. Share price fell 4.8% to kr11.00 over the past week. 공시 • Jun 09
Astrocast SA, Annual General Meeting, Jun 28, 2022 Astrocast SA, Annual General Meeting, Jun 28, 2022, at 10:00 Central European Standard Time. Location: Python Avocats, avenue C.F. Ramuz 80, 1009 Pully Pully Switzerland Agenda: To consider approval of the annual report, the annual financial statements and the consolidated financial statements for the business year 2021; to consider consultative vote on the 2021 compensation report; to consider appropriation of the results; to consider re-election of Fabien Jordan as member of the Board of Directors; to consider re-election of Federico Belloni as member of the Board of Directors; to consider re-election of Roland Loos as member of the Board of Directors; to consider re-election of Yves Pillonel as member of the Board of Directors; to consider re-election of Jan Eyvin Wang as member of the Board of Directors; to consider re-election of Jonathan Cholak as member of the Board of Directors; and to consider other matters. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Chairman Jose Achache was the last director to join the board, commencing their role in 2017. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 