Last 7 days
-8.6%
Last 30 days
-16.8%
Last 90 days
-2.7%
Trailing 12 Months
-50.5%
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 13.0% | 210,996,000 | 186,712,000 | 128,942,000 | 84,748,000 | 62,237,000 |
Gross Profit | -20.4% | 18,990,000 | 23,845,000 | 2,927,000 | 432,000 | -1,893,000 |
Operating Expenses | 5.5% | 154,194,000 | 146,157,000 | 145,532,000 | 123,012,000 | 100,160,000 |
S&GA Expenses | 5.9% | 89,026,000 | 84,039,000 | 86,733,000 | 74,849,000 | 58,395,000 |
R&D Expenses | 4.9% | 65,168,000 | 62,118,000 | 58,799,000 | 48,163,000 | 41,765,000 |
EBITDA | -45.6% | -92,250,000 | -63,379,000 | -126,306,000 | -113,688,000 | -109,998,000 |
EBITDA Margin | -28.8% | -0.44 | -0.34 | -0.98 | -1.34 | -1.77 |
Earnings Before Taxes | -35.6% | -132,946,000 | -98,073,000 | -154,809,000 | -131,544,000 | -124,840,000 |
EBT Margin | -20.0% | -0.63 | -0.53 | -1.20 | -1.55 | -2.01 |
Interest Expenses | 11.2% | 10,749,000 | 9,663,000 | 8,762,000 | 6,283,000 | 3,991,000 |
Net Income | -42.3% | -135,944,000 | -95,540,000 | -148,899,000 | -128,147,000 | -117,320,000 |
Net Income Margin | -25.9% | -0.64 | -0.51 | -1.15 | -1.33 | -1.89 |
Free Cahsflow | 1.5% | -148,950,000 | -151,177,000 | -174,634,943 | -125,584,550 | -97,490,000 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -1.2% | 989 | 1,001 | 1,005 | 1,057 | 981 |
Current Assets | -5.3% | 662 | 699 | 706 | 746 | 775 |
Cash Equivalents | -26.2% | 246 | 333 | 543 | 603 | 691 |
Inventory | 7.1% | 92.00 | 86.00 | 86.00 | 78.00 | 48.00 |
Net PPE | 8.5% | 102 | 94.00 | 97.00 | 100 | 65.00 |
Goodwill | 18.5% | 71.00 | 60.00 | 58.00 | 59.00 | 43.00 |
Liabilities | 1.7% | 316 | 311 | 291 | 325 | 282 |
Current Liabilities | 1.0% | 163 | 161 | 144 | 173 | 96.00 |
LT Debt, Current | 0.7% | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
LT Debt, Non Current | 0.7% | 100 | 99.00 | 99.00 | 98.00 | 97.00 |
Shareholder's Equity | -2.6% | 673 | 691 | 713 | 733 | 698 |
Retained Earnings | -9.2% | -440 | -403 | -369 | -331 | -305 |
Additional Paid-In Capital | 1.3% | 1,113 | 1,099 | 1,081 | 1,062 | 1,002 |
Accumulated Depreciation | 9.4% | 30.00 | 28.00 | 26.00 | 22.00 | - |
Shares Outstanding | 5.6% | 475 | 450 | 450 | 463 | 450 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 2.7% | -106 | -109 | -99.80 | -82.65 | -71.79 |
Share Based Compensation | 7.6% | 56.00 | 52.00 | 59.00 | 43.00 | 33.00 |
Cashflow From Investing | 2.1% | -346 | -353 | -170 | -159 | -92.13 |
Cashflow From Financing | 853.1% | 2.00 | -0.27 | 702 | 814 | 800 |
Buy Backs | - | 30.00 | - | - | - | - |
81.0%
62.0%
52.1%
Y-axis is the maximum loss one would have experienced if Vector Acquisition was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.05 | -8,641 | 106,359 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 4.62 | - | 17,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 13.53 | 185,769 | 3,801,770 | -% |
2023-02-24 | NATIXIS | sold off | -100 | -394,000 | - | -% |
2023-02-21 | MACQUARIE GROUP LTD | sold off | - | -17,000 | - | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | added | 63.52 | 989 | 3,989 | -% |
2023-02-15 | LAZARD ASSET MANAGEMENT LLC | new | - | 141,000 | 141,000 | -% |
2023-02-15 | Jasper Ridge Partners, L.P. | added | 46.65 | 34,181 | 131,181 | 0.01% |
2023-02-15 | Metropolitan Life Insurance Co/NY | unchanged | - | -3,584 | 50,416 | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | unchanged | - | -65,763 | 822,237 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | future fund board of guardians | 6.18% | 29,260,021 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 5.12% | 24,223,186 | SC 13G | |
Nov 18, 2022 | deer viii & co. ltd. | 6.6% | 31,134,838 | SC 13D/A | |
Aug 25, 2022 | deer viii & co. ltd. | 7.6% | 35,580,633 | SC 13D/A | |
May 20, 2022 | khosla ventures seed b, l.p. | 7.5% | 34,945,825 | SC 13D/A | |
Mar 17, 2022 | khosla ventures seed b, l.p. | 10.8% | 48,386,526 | SC 13D/A | |
Mar 07, 2022 | deer viii & co. ltd. | 8.9% | 40,026,429 | SC 13D/A | |
Feb 15, 2022 | glazer capital, llc | 0.0% | 0 | SC 13G/A | |
Feb 14, 2022 | integrated core strategies (us) llc | 0.0% | 62 | SC 13G/A | |
Feb 11, 2022 | future fund board of guardians | 9.43% | 42,364,939 | SC 13G |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 0.45 -88.64% | 0.58 -85.35% | 1.08 -72.73% | 1.94 -51.01% | 3.66 -7.58% |
Current Inflation | 0.44 -88.89% | 0.55 -86.11% | 0.99 -75.00% | 1.73 -56.31% | 3.18 -19.70% |
Very High Inflation | 0.43 -89.14% | 0.52 -86.87% | 0.89 -77.53% | 1.48 -62.63% | 2.64 -33.33% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 13, 2023 | 4 | Insider Trading | |
Mar 13, 2023 | 4 | Insider Trading | |
Mar 10, 2023 | 8-K | Current Report | |
Mar 07, 2023 | 10-K | Annual Report | |
Mar 01, 2023 | NT 10-K | NT 10-K | |
Feb 28, 2023 | 8-K | Current Report | |
Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | SC 13G | Major Ownership Report | |
Dec 13, 2022 | 4 | Insider Trading | |
Dec 07, 2022 | 424B3 | Prospectus Filed |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-09 | Kampani Arjun | sold | -95,400 | 4.234 | -22,532 | see remarks |
2023-03-09 | Spice Adam C. | sold | -271,776 | 4.234 | -64,189 | chief financial officer |
2022-12-12 | GRIFFIN MICHAEL D | sold | -208,835 | 4.12 | -50,688 | - |
2022-11-28 | GRIFFIN MICHAEL D | sold | - | - | -50,688 | - |
2022-11-28 | GRIFFIN MICHAEL D | acquired | - | - | 50,688 | - |
2022-11-25 | Spice Adam C. | sold | -192,681 | 4.22 | -45,659 | chief financial officer |
2022-11-25 | Kampani Arjun | sold | -58,278 | 4.22 | -13,810 | see remarks |
2022-11-16 | Bessemer Venture Partners VIII L.P. | sold | - | - | -8,142,480 | - |
2022-09-13 | O'Donnell Shaun | sold | -1,126,000 | 5.63 | -200,000 | evp - global operations |
2022-09-09 | GRIFFIN MICHAEL D | sold | - | - | -456,190 | - |
Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement [Abstract] | |||
Revenues | $ 210,996 | $ 62,237 | $ 35,160 |
Cost of revenues | 192,006 | 64,130 | 46,977 |
Gross loss | 18,990 | (1,893) | (11,817) |
Operating expenses: | |||
Research and development, net | 65,168 | 41,765 | 19,142 |
Selling, general and administrative | 89,026 | 58,395 | 23,993 |
Total operating expenses | 154,194 | 100,160 | 43,135 |
Operating loss | (135,204) | (102,053) | (54,952) |
Other income (expense): | |||
Interest expense, net | (7,799) | (6,128) | 224 |
Gain (loss) on foreign exchange | (4,435) | (567) | 2,420 |
Change in fair value of liability classified warrants | 13,482 | (15,294) | (2,417) |
Other income (expense), net | 1,010 | (798) | 187 |
Total other income (expense), net | 2,258 | (22,787) | 414 |
Loss before income taxes | (132,946) | (124,840) | (54,538) |
Benefit (provision) for income taxes | (2,998) | 7,520 | (467) |
Net loss | (135,944) | (117,320) | (55,005) |
Other comprehensive income (loss), net of tax: | |||
Foreign currency translation income | 600 | 253 | 1,134 |
Unrealized loss on available-for-sale marketable securities | (772) | 0 | 0 |
Comprehensive loss | $ (136,116) | $ (117,067) | $ (53,871) |
Net loss per share attributable to Rocket Lab USA, Inc.: | |||
Earnings Per Share, Basic | $ (0.29) | $ (0.56) | $ (0.73) |
Earnings Per Share, Diluted | $ (0.29) | $ (0.56) | $ (0.73) |
Weighted-average common shares outstanding: | |||
Weighted Average Number of Shares Outstanding, Basic | 466,214,095 | 209,895,135 | 75,414,888 |
Weighted Average Number of Shares Outstanding, Diluted | 466,214,095 | 209,895,135 | 75,414,888 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 242,515 | $ 690,959 |
Marketable securities, current | 229,276 | 0 |
Accounts receivable, net | 36,572 | 13,957 |
Contract assets | 9,451 | 2,490 |
Inventories | 92,279 | 47,904 |
Prepaids and other current assets | 52,201 | 19,454 |
Total current assets | 662,294 | 774,764 |
Non-current assets: | ||
Property, plant and equipment, net | 101,514 | 65,339 |
Intangible assets, net | 79,692 | 57,487 |
Goodwill | 71,020 | 43,308 |
Right-of-use assets - operating leases | 35,239 | 28,424 |
Right-of-use assets - finance leases | 15,614 | 0 |
Marketable securities, non-current | 9,193 | 0 |
Restricted cash | 3,356 | 1,116 |
Deferred income tax assets, net | 3,898 | 5,859 |
Other non-current assets | 7,303 | 4,550 |
Total assets | 989,123 | 980,847 |
Current liabilities: | ||
Trade payables | 12,084 | 3,489 |
Accrued expenses | 8,723 | 10,977 |
Employee benefits payable | 8,634 | 8,266 |
Contract liabilities | 108,344 | 59,749 |
Current Installments Of Long Term Borrowings | 2,906 | 2,827 |
Other current liabilities | 22,249 | 10,999 |
Total current liabilities | 162,940 | 96,307 |
Non-current liabilities: | ||
Long-term borrowings, excluding current installments | 100,043 | 97,297 |
Non-current lease liabilities | 34,266 | 28,302 |
Non-current finance lease liabilities | 15,568 | 0 |
Deferred tax liabilities | 95 | 466 |
Public and private warrant liabilities | 0 | 58,227 |
Other non-current liabilities | 3,005 | 1,800 |
Total liabilities | 315,917 | 282,399 |
COMMITMENTS AND CONTINGENCIES (Note 16) | ||
Stockholders’ equity (deficit): | ||
Common stock, value | 48 | 45 |
Additional paid-in capital | 1,112,977 | 1,002,106 |
Accumulated deficit | (440,955) | (305,011) |
Accumulated other comprehensive income | 1,136 | 1,308 |
Total stockholders’ equity (deficit) | 673,206 | 698,448 |
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) | $ 989,123 | $ 980,847 |