Spire Global Q4 revenue $27.7M (record); positive cash flow from ops $4.1M; FY revenue up 32% to $105.7M

Spire Global, Inc.

Q4 2023 revenue $27.7M, 10th consecutive record quarter; FY 2023 revenue $105.7M, +32% YoY.
Q4 GAAP operating loss improved 50% YoY to ($8.2M); non-GAAP operating loss ($3.6M).
Q4 net loss ($12.2M), 30% YoY improvement; adjusted EBITDA positive at $2.1M.
Achieved positive cash flow from operations of $4.1M in Q4; free cash flow ($2.2M).
Expects positive free cash flow in summer 2024 and progress on existing debt refinancing.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Spire Global, Inc. reported the quarter and fiscal year ended December 31, 2023 results: revenue $27.7 million, net income ($12.2M).

Period: the quarter and fiscal year ended December 31, 2023
Revenue: $27.7 million
Net income: ($12.2M)
Result: reported results

Exact text from the filing

flow in the summer of 2024 and make progress towards refinancing our existing debt.” Fourth Quarter and Full Year 2023 Highlights Financial: ● Fourth quarter 2023 revenue was $27.7 million, representing the 10 th consecutive quarter of record revenue. Full year 2023 revenue was $105.7 million, representing 32% year-over-year growth, and meeting our objective of

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Source: SEC EDGAR

accession 0000950170-24-027146

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