Business
Spire Global Announces First Quarter 2025 Results
First quarter 2025 revenue of $23.9 million, with 57% from the Americas, 34% from Europe, Middle ...
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[{"type":"text","content":"Spire Global Announces First Quarter 2025 Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwdoublebottom { border-bottom: double black 2.25pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadb4 { padding-bottom: 5px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl3 { padding-left: 15px }\n.bwpadl6 { padding-left: 30px }\n.bwpadl9 { padding-left: 45px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth13 { width: 13% }\n.bwwidth14 { width: 14% }\n.bwwidth2 { width: 2% }\n.bwwidth3 { width: 3% }\n.bwwidth32 { width: 32% }\n.bwwidth63 { width: 63% }\n.bwwidth69 { width: 69% }\n.bwwidth7 { width: 7% }\n.bwwidth70 { width: 70% }\n.bwwidth76 { width: 76% }\n \n\n\n\n\n\n First quarter 2025 revenue of $23.9 million, with 57% from the Americas, 34% from Europe, Middle East, Africa, and 9% from Asia Pacific\n \n\n\n\n Cash flows used in operations of $8.4 million for first quarter 2025, a 5% improvement year-over-year\n \n\n\n\n As of the end of April 2025, with the closing of the maritime transaction, all debt retired; cash, cash equivalents, and marketable securities of $136 million; Spire expects to finish the year with over $100 million of cash, cash equivalents, and marketable securities on the balance sheet\n \n\n\n\n\n\n\n Spire Global, Inc.\n \n (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, announced results for its quarter ended March 31, 2025. The Company will hold a\n \n webcast\n \n at 5:00 p.m. ET today to discuss the results.\n \n\n “Backed by a strong space heritage and renewed focus on execution, we are poised to seize opportunities driven by rising defense budgets and the growing demand for act...