Ast Spacemobile, Inc. · NASDAQ:ASTS
Ast Spacemobile — Q1 2025 Earnings Presentation
12 slides from Ast Spacemobile's earnings presentation, May 12, 2025
Slide 1: Transforming how the world connects
Transforming how the world connects NASDAQ: ASTS Business Update – First Quarter 2025 May 12, 2025 ast-science.com
Slide 2: Forward Looking Statements
Forward Looking Statements This communication contains “forward-looking statements” that are not historical facts, and involve risks and uncertainties that could cause actual results of AST SpaceMobile to differ materially from those expected and projected. These forward-looking statements can be id
Slide 3: Building the First and Only Space-Based Cellular Broadband Network
Building the First and Only Space-Based Cellular Broadband Network https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- Update.pptx?rlkey=psp10b3z1tnznjmh366euor0g&st=upegm0cp&dl=0 3 3 ast-science.com
Slide 4: Key Highlights
Key Highlights Announced multi-provider satellite orbital launch plan with five contracted launches over the next six to nine months Advanced SpaceMobile network commercialization efforts, with expected second half 2025 revenue opportunity of $50 million to $75 million https://www.dropbox.com/scl/fi
Slide 5: Planned Orbital Launch Schedule for the Largest-Ever Commercial Satellites in LEO
Planned Orbital Launch Schedule for the Largest-Ever Commercial Satellites in LEO Announced multi-provider satellite orbital launch plan with five contracted launches over the next six to nine months Anticipate orbital launches every one to two months on average during 2025 and 2026 https://www.drop
Slide 6: Expected Second Half 2025 Revenue Opportunity of $50 – $75 Million
Expected Second Half 2025 Revenue Opportunity of $50 – $75 Million Company plans to activate initial cellular broadband capabilities across the United States, Europe and Japan with AT&T, Rakuten, Verizon, and Vodafone using premium low-band wireless spectrum Ramping up activities under the previousl
Slide 7: SpaceMobile Two-Way Broadband Video Call Initial Activations in U.S., Europe, and Japan
SpaceMobile Two-Way Broadband Video Call Initial Activations in U.S., Europe, and Japan Two-way broadband video calls using unmodified smartphones enabled by a Block 1 BlueBird satellite over U.S., Europe, and Japan https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarter
Slide 8: Continued Strong Progress on Regulatory Approvals and Spectrum-Related Topics
Continued Strong Progress on Regulatory Approvals and Spectrum-Related Topics Received Special Temporary Approval (STA) from the FCC for FirstNet evaluation on public safety’s Band 14 spectrum, supporting mission-critical capabilities with direct-to-device cellular broadband connectivity https://www
Slide 9: Operating and Capital Metrics
Operating and Capital Metrics Adj. Operating Expenses 1 Capital Expenditures 2 Liquidity 3 $M $M $M $874.5 $124.1 $44.9 $40.8 $86.0 $567.5 $23.2 $22.6 1. Non-GAAP. See appendix for a reconciliation. Adjusted operating https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quart
Slide 10: Appendix
Appendix https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- Update.pptx?rlkey=psp10b3z1tnznjmh366euor0g&st=upegm0cp&dl=0 10 ast-science.com
Slide 11: Reconciliation to non-GAAP Measures – Adj. Operating Expenses
Adj. operating expenses – 3 months ended Reconciliation to ($ in thousands) Mar 31, ‘25 Dec 31, '24 Mar 31, ‘24 non-GAAP Engineering services costs 27,204 30,945 19,511 General and administrative costs 18,384 15,889 12,287 Measures – Research and development costs 7,135 5,348 4,257 Depreciation and
Slide 12: ast-science.com
ast-science.com