Spire Global Q4 revenue $22.4M (+49% YoY), ARR $99.4M, cash burn down 66%

Spire Global, Inc.

Q4 revenue $22.4M, record quarterly figure, up 49% year-over-year.
ARR reached $99.4M (+41% YoY); net retention rate improved to 117%.
Net cash used in ops $5.1M (improved 72% YoY); free cash flow -$8.1M (improved 66% YoY).
Company expects free cash flow positive in 12-18 months; 2023 guidance reflects continued growth and profitability path.
CEO cites ~$100B TAM across maritime, aviation, weather, and space services.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Spire Global, Inc. reported the quarter and fiscal year ended December 31, 2022 results: revenue $22.4 million.

Period: the quarter and fiscal year ended December 31, 2022
Revenue: $22.4 million
Result: reported results

Exact text from the filing

being free cash flow positive in 12 to 18 months.” Fourth Quarter and Full Year 2022 Highlights Financial: ● Fourth quarter 2022 revenue increased 49% year-over-year to a record $22.4 million. This was driven by new customer additions as well as increased adoption by existing customers. ● As of December 31, 2022, annual recurring revenue (ARR) was $99.4 million, an

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Spire Global, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-006703

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