Ast Spacemobile, Inc. · NASDAQ:ASTS
Ast Spacemobile — Q1 2024 Earnings Presentation
9 slides from Ast Spacemobile's earnings presentation, May 15, 2024
Slide 1: Transforming how the world connects
Transforming how the world connects NASDAQ: ASTS Business Update – First Quarter 2024 May 15, 2024 ast-science.com
Slide 2: Forward Looking Statements
Forward Looking Statements The information in this presentation and the oral statements made in connection therewith includes “forward-looking statements” for the purposes of federal securities laws that are not historical facts and involve risks and uncertainties that could cause actual results to
Slide 3: Building the first and only space-based cellular broadband network
Building the first and only space-based cellular broadband network 3 ast-science.com
Slide 4: Key highlights
Key highlights On target for July or August delivery of 5 Block 1 satellites to Cape Canaveral Signed milestone, 6-year definitive commercial agreement with AT&T for SpaceMobile Service First 5 satellites allow U.S. nationwide non-continuous service with 5,600+ cells in premium low-band spectrum Act
Slide 5: Key highlights
Key highlights100% Geographical 5,600+ Cells of Premium Nationwide Coverage Low-Band Spectrum 5 ast-science.com
Slide 6: Operating and capital metrics
Operating and Adj. Operating Expenses 1 Capital Expenditures 2 Liquidity 3 capital metrics $mm $mm $mm $51.5 $38.6 $212.4 $31.1 $18.5 1. Non-GAAP. See appendix for a reconciliation. Adjusted operating expenses is equal to total operating expense less non-cash operating $17.9 $33.9 expense such as de
Slide 7: [x] ast-science.com
[x] 9 ast-science.com
Slide 8: Appendix
Appendix
Slide 9: Reconciliation to non-GAAP measures – adj. operating expenses
Reconciliation to Adj. operating expenses – 3 months ended non-GAAP ($ in thousands) Mar 31, ’24 Dec 31, ’23 Mar 31, ’23 measures – Engineering services 19,511 19,992 16,483 adj. operating General and administrative costs 12,287 10,528 9,857 Research and development costs 4,257 10,766 16,381 expense