SPIR - Spire Corp. Stock Price, Fair Value and News

9.96USD+0.22 (+2.26%)Delayed as of 26 Apr 2024, 11:05 am ET

Market Summary

USD9.96+0.22

Delayedas of 26 Apr 2024, 11:05 am

2.26%

SPIR Stock Price

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SPIR RSI Chart

SPIR Valuation

Market Cap

190.7M

Price/Earnings (Trailing)

-2.98

Price/Sales (Trailing)

1.8

EV/EBITDA

-10.36

Price/Free Cashflow

-3.55

SPIR Price/Sales (Trailing)

SPIR Profitability

Operating Margin

59.86%

EBT Margin

-60.44%

Return on Equity

-90.67%

Return on Assets

-25.91%

Free Cashflow Yield

-28.14%

SPIR Fundamentals

SPIR Revenue

Revenue (TTM)

105.7M

Rev. Growth (Yr)

23.86%

Rev. Growth (Qtr)

1.49%

SPIR Earnings

Earnings (TTM)

-64.0M

Earnings Growth (Yr)

30.33%

Earnings Growth (Qtr)

31.32%

Breaking Down SPIR Revenue

52 Week Range

0.3510.04

(Low)(High)

Last 7 days

-0.9%

Last 30 days

-16.3%

Last 90 days

38.0%

Trailing 12 Months

78.8%

How does SPIR drawdown profile look like?

SPIR Financial Health

Current Ratio

1.67

Debt/Equity

1.62

Debt/Cashflow

-0.21

SPIR Investor Care

Shares Dilution (1Y)

11.98%

Diluted EPS (TTM)

-3.27

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	86.4M	93.5M	100.4M	105.7M
2022	51.7M	62.0M	72.9M	80.3M
2021	30.9M	33.3M	35.7M	43.4M
2020	0	21.8M	25.2M	28.5M
2019	0	0	0	18.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Spire Corp.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	porteous william	acquired	22,863	11.6	1,971	-
Mar 07, 2024	platzer peter	acquired	-	-	525,000	chief executive officer
Mar 07, 2024	basola leonardo	acquired	-	-	230,000	chief financial officer
Mar 07, 2024	johnson boyd c.	acquired	-	-	180,000	clo, cao and corp sec
Mar 07, 2024	condor theresa	acquired	-	-	185,000	chief operating officer
Feb 22, 2024	condor theresa	sold	-74,848	10.914	-6,858	chief operating officer
Feb 22, 2024	platzer peter	sold	-159,781	10.914	-14,640	chief executive officer
Feb 21, 2024	condor theresa	sold	-66,847	11.388	-5,870	chief operating officer
Feb 21, 2024	platzer peter	sold	-142,737	11.388	-12,534	chief executive officer
Jan 02, 2024	porteous william	acquired	22,871	7.74	2,955	-

Which funds bought or sold SPIR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 19, 2024	Cutler Group LLC / CA	added	33.33	1,000	1,000	-%
Apr 16, 2024	TOTH FINANCIAL ADVISORY CORP	unchanged	-	1,567	4,500	-%
Apr 12, 2024	DNB Asset Management AS	reduced	-46.32	-123,923	583,296	-%
Apr 12, 2024	Pacifica Partners Inc.	unchanged	-	14.00	25.00	-%
Mar 11, 2024	VANGUARD GROUP INC	added	4.09	1,949,240	4,882,000	-%
Feb 16, 2024	Francisco Partners Management, LP	unchanged	-	904,084	2,412,950	0.22%
Feb 15, 2024	JANE STREET GROUP, LLC	new	-	120,154	120,154	-%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-19.74	114,318	517,567	-%
Feb 14, 2024	CITADEL ADVISORS LLC	added	17.13	15,627	33,524	-%
Feb 14, 2024	Royal Bank of Canada	reduced	-13.11	2,000	8,000	-%

Are Funds Buying or Selling SPIR?

Are funds buying SPIR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SPIR

No. of Funds

Unveiling Spire Corp.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	deer ix & co. ltd.	4.4%	909,742	SC 13G/A
Feb 14, 2022	soroban capital partners lp	0%	0	SC 13G/A
Feb 09, 2022	scottish enterprise	5.75%	7,998,288	SC 13G/A

Recent SEC filings of Spire Corp.

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	S-3/A	S-3/A
Apr 23, 2024	ARS	ARS
Apr 23, 2024	DEF 14A	DEF 14A
Apr 23, 2024	DEFA14A	DEFA14A
Apr 12, 2024	PRE 14A	PRE 14A
Apr 03, 2024	4	Insider Trading
Mar 22, 2024	424B5	Prospectus Filed
Mar 21, 2024	8-K	Current Report
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading

Peers (Alternatives to Spire Corp.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	101.2B	18.6B	0.54%	16.87%	28.45	5.45	7.76%	13.08%
CTAS	67.5B	9.4B	4.99%	51.27%	44.88	7.17	9.34%	15.98%
CPRT	53.1B	4.1B	-3.43%	43.35%	39.17	13.09	10.52%	25.37%
EFX	28.0B	5.4B	-13.11%	13.93%	50.15	5.23	5.76%	-4.95%
BAH	18.9B	10.3B	-1.11%	54.68%	46.13	1.83	13.90%	-5.05%
ALLE	10.9B	3.6B	-6.38%	16.13%	20.25	3.02	4.33%	10.65%
MID-CAP
RHI	7.4B	6.4B	-8.82%	-0.04%	18.07	1.16	-11.68%	-37.51%
AL	5.7B	2.7B	2.50%	33.81%	9.31	2.13	15.87%	733.47%
SRCL	4.6B	2.6B	-11.83%	10.13%	-237.52	1.75	-3.11%	-123.81%
ABM	2.8B	8.2B	1.37%	8.46%	10.9	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-4.31%	99.08%	21.53	0.69	104.63%	175.67%
ALTG	375.3M	1.9B	-10.76%	-16.91%	42.17	0.2	19.40%	-4.30%
ARC	117.2M	281.2M	-0.36%	-8.97%	14.23	0.42	-1.68%	-25.77%
AQMS	57.1M	1.1M	-5.66%	-56.14%	-2.39	49.78	336.95%	-55.13%
AWX	8.6M	80.5M	-2.22%	-18.12%	-4.77	0.11	-0.82%	-207.00%

Spire Corp. News

Latest updates

Spire Corp. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	1.5%	27,725,000	27,317,000	26,493,000	24,168,000	22,385,000	20,418,000	19,395,000	18,070,000	14,985,000	9,561,000	9,113,000	9,716,000	7,269,000	7,184,000	-	-
Cost Of Revenue	34.9%	12,886,000	9,555,000	9,633,000	10,360,000	10,710,000	10,198,000	9,573,000	9,846,000	6,327,000	5,338,000	3,727,000	3,328,000	2,464,000	2,426,000	-	-
Gross Profit	-16.5%	14,839,000	17,762,000	16,860,000	13,808,000	11,675,000	10,220,000	9,822,000	8,224,000	8,658,000	4,223,000	5,386,000	6,388,000	4,805,000	4,758,000	-	-
Operating Expenses	-19.8%	23,047,000	28,736,000	27,852,000	28,283,000	27,986,000	26,576,000	26,227,000	28,246,000	32,692,000	21,595,000	18,959,000	19,235,000	13,029,000	11,301,000	-	-
S&GA Expenses	-25.9%	5,182,000	6,993,000	6,729,000	6,850,000	7,075,000	7,794,000	6,728,000	6,905,000	6,018,000	5,574,000	4,854,000	3,941,000	3,197,000	2,294,000	-	-
R&D Expenses	-14.9%	8,970,000	10,538,000	9,752,000	9,663,000	9,392,000	8,879,000	8,225,000	8,657,000	9,702,000	7,804,000	7,209,000	6,900,000	6,166,000	5,231,000	-	-
EBITDA Margin	27.0%	-0.25	-0.35	-0.41	-0.72	-0.71	0.31	-0.25	-0.12	-0.41	-2.51	-1.29	-0.64	-0.69	-0.71	-0.79	-1.00
Interest Expenses	6.2%	5,021,000	4,728,000	4,709,000	4,578,000	4,230,000	3,897,000	2,785,000	3,043,000	3,150,000	2,392,000	3,325,000	2,550,000	2,294,000	1,522,000	-	-
Income Taxes	-425.6%	-410,000	-78,000	213,000	269,000	-84,000	54,000	62,000	290,000	-472,000	269,000	313,000	387,000	100,000	195,000	-	-
Earnings Before Taxes	28.3%	-12,710,000	-17,717,000	-16,053,000	-17,404,000	-17,627,000	-21,757,000	-38,203,000	-11,502,000	64,106,000	-55,839,000	-26,549,000	-19,311,000	-5,753,085	-7,429,000	-	-
EBT Margin	11.8%	-0.60	-0.69	-0.78	-1.10	-1.11	-0.10	-0.67	-0.58	-0.87	-3.01	-1.77	-1.04	-1.13	-1.23	-1.36	-1.73
Net Income	31.3%	-12,222,000	-17,795,000	-16,266,000	-17,673,000	-17,543,000	-21,811,000	-38,265,000	-11,792,000	64,578,000	-56,108,000	-26,862,000	-19,698,000	-5,705,585	-7,624,000	-	-
Net Income Margin	12.3%	-0.61	-0.69	-0.78	-1.10	-1.11	-0.10	-0.67	-0.58	-0.88	-3.04	-1.80	-1.05	-1.14	-1.24	-1.38	-1.75
Free Cashflow	86.2%	-2,232,000	-16,159,000	-19,329,000	-15,939,000	-8,081,000	-13,675,000	-25,745,000	-19,234,000	-24,090,000	-25,585,000	-11,533,000	-12,199,000	-5,463,398	-1,469,677	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Assets	-3.6%	247	256	268	264	257	267	289	283	290	304	85.00	231	44.00	232	139	47.00
Current Assets	-15.1%	69.00	82.00	98.00	100	97.00	109	120	111	132	276	48.00	1.00	22.00	-	-	29.00
Cash Equivalents	-2.6%	29.00	30.00	43.00	47.00	47.00	60.00	73.00	92.00	110	259	49.00	23.00	16.00	11.00	14.00	25.00
Net PPE	2.3%	71.00	70.00	63.00	58.00	54.00	53.00	55.00	52.00	49.00	26.00	23.00	-	20.00	-	-	16.00
Goodwill	2.5%	51.00	50.00	51.00	50.00	50.00	50.00	53.00	54.00	54.00	-	-	-	-	-	-	-
Liabilities	-1.3%	176	179	175	170	146	144	143	100	100	204	165	38.00	93.00	8.00	37.00	66.00
Current Liabilities	-2.8%	42.00	43.00	40.00	36.00	33.00	33.00	29.00	26.00	25.00	45.00	20.00	1.00	13.00	0.00	-	13.00
Long Term Debt	-3.0%	114	118	120	119	98.00	97.00	97.00	53.00	51.00	45.00	58.00	-	27.00	-	-	8.00
LT Debt, Non Current	-3.0%	114	118	120	119	98.00	97.00	97.00	53.00	51.00	45.00	58.00	-	27.00	-	-	8.00
Shareholder's Equity	-9.0%	71.00	77.00	94.00	94.00	110	122	146	183	190	100	5.00	5.00	5.00	5.00	0.00	-
Retained Earnings	-3.1%	-402	-390	-372	-356	-338	-321	-299	-261	-249	-313	-257	-15.04	-100	-0.04	0.00	-178
Additional Paid-In Capital	0.8%	478	474	470	459	456	448	445	442	439	414	23.00	20.00	10.00	5.00	0.00	7.00
Shares Outstanding	-5.7%	20.00	21.00	18.00	18.00	17.00	17.00	17.00	17.00	8.00	5.00	2.00	2.00	2.00	2.00	1.00	1.00
Float	-	-	-	86,025	-	-	-	162,251	-	-	-	230	-	230	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	179.9%	4,111	-5,142	-11,301	-11,290	-5,112	-10,214	-17,503	-14,991	-17,978	-21,857	-7,330	-10,821	-3,389	4.00	-	-
Share Based Compensation	-1.9%	3,462	3,530	3,340	2,646	3,168	3,125	2,909	2,289	5,034	2,099	1,994	2,507	709	531	-	-
Cashflow From Investing	123.3%	2,293	-9,824	-3,165	-6,957	-3,486	-5,239	-28,841	-4,262	-110,030	-3,866	-4,205	-1,378	-1,054	-230,000	-	-
Cashflow From Financing	-Infinity%	-4,267	-	8,288	19,886	1,004	-265	24,901	733	-20,833	234,596	36,538	20,233	6,722	231,760	-	-

SPIR Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Income Statement [Abstract]

Revenue

$ 105,703

$ 80,268

Cost of revenue

42,434

40,327

Gross profit

63,269

39,941

Operating expenses

Research and development

38,923

35,153

Sales and marketing

25,754

28,502

General and administrative

42,494

44,831

Loss on decommissioned satellite

747

549

Total operating expenses

107,918

109,035

Loss from operations

(44,649)

(69,094)

Other income (expense):

Interest income

2,332

948

Interest expense

(19,036)

(13,955)

Change in fair value of contingent earnout liability

129

9,677

Change in fair value of warrant liabilities

(1,597)

8,757

Loss on extinguishment of debt

(22,510)

Other expense, net

(1,063)

(2,912)

Total other expense, net

(19,235)

(19,995)

Loss before income taxes

(63,884)

(89,089)

Income tax provision

322

Net loss

$ (63,956)

$ (89,411)

Basic net loss per share

^[1]

$ (3.27)

$ (5.11)

Diluted net loss per share

^[1]

$ (3.27)

$ (5.11)

Weighted-average shares used in computing basic net loss per share

^[1]

19,580,006

17,484,927

Weighted-average shares used in computing diluted net loss per share

^[1]

19,580,006

17,484,927

[1]	The shares of the Company's common stock and the per share amounts have been retroactively adjusted to reflect the 1-for-8 reverse stock split (Note 1).

SPIR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Current assets

Cash and cash equivalents

$ 29,144

$ 47,196

Marketable securities

11,726

23,084

Accounts receivable, net (including allowance of $586 and $395 as of December 31, 2023 and 2022, respectively)

9,911

13,864

Contract assets

6,215

3,353

Other current assets

12,340

9,279

Total current assets

69,336

96,776

Property and equipment, net

71,209

53,752

Operating lease right-of-use assets

14,921

11,687

Goodwill

51,155

49,954

Customer relationships

19,363

20,814

Other intangible assets

12,660

13,967

Other long-term assets, including restricted cash

8,181

9,562

Total assets

246,825

256,512

Current liabilities

Accounts payable

8,012

4,800

Accrued wages and benefits

1,829

4,502

Contract liabilities, current portion

23,165

15,856

Other accrued expenses

8,540

8,210

Total current liabilities

41,546

33,368

Long-term debt

114,113

98,475

Contingent earnout liability

220

349

Deferred income tax liabilities

1,069

771

Warrant liability

5,988

1,831

Operating lease liabilities, net of current portion

13,079

10,815

Other long-term liabilities

272

780

Total liabilities

176,287

146,389

Commitments and contingencies (Note 9)

Stockholders' equity

Common stock, $0.0001 par value, 1,000,000,000 Class A and 15,000,000 Class B shares authorized, 21,097,351 Class A and 1,507,325 Class B shares issued and outstanding at December 31, 2023; 17,959,923 Class A and 1,507,325 Class B shares issued and outstanding at December 31, 2022(1)

^[1]

Additional paid-in capital

477,624

455,765

Accumulated other comprehensive (loss) income

(4,485)

(6,997)

Accumulated deficit

(402,603)

(338,647)

Total stockholders' equity

70,538

110,123

Total liabilities and stockholders' equity

$ 246,825

$ 256,512

[1]	The issued and outstanding shares of the Company's common stock have been retroactively adjusted to reflect the 1-for-8 reverse stock split (Note 1).

About Spire Corp.

Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services worldwide. The company offers satellite-based aircraft tracking data to power applications, drive decision making, and improve cost efficiencies; data, insights, and predictive analytics for highly accurate ship monitoring, real-time and near real-time vessel updates, port operations, ship safety and route optimization; and space-based data, AI-powered insights, and predictive weather analytics for accurate weather forecasting. It serves maritime, weather, aviation, space services, earth intelligence, and federal industries. Spire Global, Inc. was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. The company is headquartered in California, USA.

CEO	Mr. Peter Platzer
WEBSITE	spire.com
INDUSTRY	Information Technology Services
EMPLOYEES	411

Spire Corp. Frequently Asked Questions

What is the ticker symbol for Spire Corp.? What does SPIR stand for in stocks?

SPIR is the stock ticker symbol of Spire Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Spire Corp. (SPIR)?

As of Thu Apr 25 2024, market cap of Spire Corp. is 190.71 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SPIR stock?

You can check SPIR's fair value in chart for subscribers.

What is the fair value of SPIR stock?

You can check SPIR's fair value in chart for subscribers. The fair value of Spire Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Spire Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SPIR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Spire Corp. a good stock to buy?

The fair value guage provides a quick view whether SPIR is over valued or under valued. Whether Spire Corp. is cheap or expensive depends on the assumptions which impact Spire Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SPIR.

What is Spire Corp.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, SPIR's PE ratio (Price to Earnings) is -2.98 and Price to Sales (PS) ratio is 1.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SPIR PE ratio will change depending on the future growth rate expectations of investors.