Iridium Communications (IRDM) Non Operating Investment Income (2019 - 2024)
Iridium Communications (IRDM) posted quarterly Non Operating Investment Income of $5.0 million for Q4 2024, up 125.11% YoY from $2.2 million in Q1 2024, and up 125.9% sequentially from -$19.4 million in Q3 2024.
Iridium Communications (IRDM) Non Operating Investment Income (2019 - 2024) Analysis & Trends
Iridium Communications has disclosed Non Operating Investment Income across 6 years of filings, most recently posting $5.0 million for Q4 2024.
- In Q4 2024, Non Operating Investment Income rose 125.11% year-over-year to $5.0 million; the TTM figure through Dec 2024 stood at -$12.5 million (up 29.01% YoY), while the FY2024 annual figure was -$12.5 million, up 29.01% from the prior year.
- Non Operating Investment Income advanced to $5.0 million in Q4 2024, from -$19.4 million in the prior quarter.
- Over the last five years, Non Operating Investment Income for IRDM reached as high as $28.0 million in Q1 2022 and fell as low as -$20.0 million in Q4 2023.
- The 5-year median for Non Operating Investment Income is $2.0 million (2020), against an average of $1.6 million.
- Annual changes were most pronounced in 2022 — Non Operating Investment Income jumped 4269.04% — and 2024, when it sank 1064.74%.
- A 5-year view of Non Operating Investment Income shows it stood at $2.0 million in 2020, then jumped by 66.63% to $3.3 million in 2021, then slumped by 261.38% to -$5.3 million in 2022, then tumbled by 277.41% to -$20.0 million in 2023, then soared by 125.11% to $5.0 million in 2024.
- According to Business Quant data, Non Operating Investment Income over the past three periods registered $5.0 million, -$19.4 million, and -$4.8 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | - |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | - |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | - |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | - |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | - |
| 10 | Iridium Communications | 5.89 Bn | 5.78 Bn | 169.42 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 5.03 Mn |
| Dec 31, 2024 | 5.03 Mn |
| Sep 30, 2024 | -19.40 Mn |
| Sep 30, 2024 | -19.40 Mn |
| Jun 30, 2024 | -4.85 Mn |
| Jun 30, 2024 | -4.85 Mn |
| Mar 31, 2024 | 6.73 Mn |
| Mar 31, 2024 | 6.73 Mn |
| Dec 31, 2023 | -20.01 Mn |
| Dec 31, 2023 | -20.01 Mn |
| Sep 30, 2023 | 2.01 Mn |
| Sep 30, 2023 | 2.01 Mn |
| Jun 30, 2023 | 10.06 Mn |
| Jun 30, 2023 | 10.06 Mn |
| Mar 31, 2023 | -9.66 Mn |
| Mar 31, 2023 | -9.66 Mn |
| Dec 31, 2022 | -5.30 Mn |
| Dec 31, 2022 | -5.30 Mn |
| Sep 30, 2022 | 25.54 Mn |
| Sep 30, 2022 | 25.54 Mn |