secwatch.observer — SEC 8-K summary
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Issuer:     Spire Global, Inc. (SPIR)
CIK:        0001816017
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0000950170-24-027146
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816017/000095017024027146/0000950170-24-027146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816017/000095017024027146/spir-20240306.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-027146

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer