NN - NextNav Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$26.33
DETAILS
HIGH:
$29.00
LOW:
$25.00
MEDIAN:
$25.00
CONSENSUS:
$26.33
UPSIDE:
21.11%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 4.6 | 5.7 | 3.9 | 3.9 | 0.8 | 0.6 | 0.2 |
| Cost of Revenue | 16.3 | 10.8 | 12.7 | 11.8 | 18.4 | 7.8 | 5.7 |
| Gross Profit | (11.7) | (5.1) | (8.9) | (7.9) | (17.6) | (7.2) | (5.5) |
| Operating Expenses | |||||||
| R&D Expenses | 19.0 | 16.2 | 19.5 | 17.1 | 9.5 | 8.8 | 6.6 |
| SG&A Expenses | 39.6 | 0 | 0 | 0 | 13.6 | 13.3 | 0 |
| Other Expenses | 0 | 38.7 | 35.1 | 40.6 | 1.8 | 0.2 | 5.1 |
| Operating Expenses | 58.5 | 55.0 | 54.6 | 57.7 | 24.8 | 22.3 | 11.8 |
| Operating Income | |||||||
| Operating Income | (70.2) | (60.1) | (63.5) | (65.5) | (42.4) | (29.5) | (17.3) |
| Interest Expense | 12.4 | 9.4 | 3.7 | 0 | 17.8 | 10.0 | 0 |
| Interest Income | 0.2 | 0 | 0 | 0 | 0 | 0 | 3.0 |
| Profitability | |||||||
| EBITDA | (62.5) | (55.5) | (59.0) | (61.3) | (40.6) | (127.0) | (17.2) |
| EBIT | (70.2) | (60.1) | (63.5) | (64.6) | (42.4) | (127.3) | (17.3) |
| Income Before Tax | (189.1) | (101.7) | (71.5) | (40.1) | (144.6) | (137.3) | (18.3) |
| Income Tax Expense | 0.2 | 0.2 | 0.2 | (0.0) | 0.1 | 0.0 | 0.0 |
| Net Income | (189.3) | (101.9) | (71.7) | (40.1) | (144.7) | (137.3) | (98.8) |
| Per Share Data | |||||||
| EPS (Basic) | -1.42 | -0.84 | -0.66 | -0.40 | -1.47 | -5.49 | -6.27 |
| EPS (Diluted) | -1.42 | -0.84 | -0.66 | -0.40 | -1.47 | -5.49 | -6.27 |
| Shares Outstanding | 132.9 | 121.5 | 108.0 | 101.0 | 98.2 | 25 | 15.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 44.8 | 39.3 | 81.9 | 47.2 | 100.1 | 8.7 | 14.5 |
| Short-Term Investments | 107.4 | 40.8 | 4.0 | 8.2 | 0 | 0 | 0 |
| Net Receivables | 2.3 | 3.3 | 2.3 | 2.2 | 1.7 | 0.1 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 2.9 | 2.6 | 3.1 | 3.6 | 4.5 | 9.3 | 4.7 |
| Total Current Assets | 157.4 | 86.0 | 91.2 | 61.2 | 106.3 | 18.1 | 19.2 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 26.6 | 35.3 | 40.8 | 32.9 | 21.8 | 5.7 | 0.0 |
| Goodwill | 19.2 | 17.0 | 18.0 | 17.5 | 0 | 0 | 0 |
| Intangible Assets | 42.2 | 9.6 | 10.6 | 10.4 | 4.1 | 4.1 | 3.5 |
| Long-Term Investments | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0.6 | 13.8 | 1.5 | 1.8 | 4.6 | 17.0 | 16.6 |
| Total Non-Current Assets | 90.7 | 75.7 | 70.9 | 62.6 | 30.5 | 26.8 | 20.1 |
| Total Assets | 248.1 | 161.7 | 162.2 | 123.8 | 136.8 | 44.9 | 39.3 |
| Current Liabilities | |||||||
| Account Payables | 0.7 | 0.9 | 0.4 | 1.0 | 0.4 | 0.7 | 0.8 |
| Short-Term Debt | 2.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0.5 | 0.3 | 0.3 | 0.1 | 1.6 | 0 | 0 |
| Other Current Liabilities | 3.3 | 0 | 2.7 | 0 | 2.2 | 0 | 8.7 |
| Total Current Liabilities | 12.4 | 12.1 | 9.8 | 8.9 | 6.7 | 4.2 | 9.6 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 273.6 | 54.6 | 48.4 | 0 | 0 | 58.9 | 15.8 |
| Deferred Tax Liabilities | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 34.9 | 30.5 | 8.7 | 5.7 | 30.2 | 472.2 | 4.7 |
| Total Non-Current Liabilities | 321.9 | 99.5 | 72.3 | 11.0 | 30.2 | 531.0 | 20.5 |
| Total Liabilities | 334.3 | 111.6 | 82.1 | 19.9 | 36.9 | 535.3 | 30.1 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (1,051.4) | (862.1) | (760.2) | (688.5) | (647.9) | (490.3) | (327.3) |
| Accumulated Other Comprehensive Income | 3.8 | 0.7 | 2.2 | 1.4 | (0.1) | (0.1) | (0.1) |
| Total Stockholders' Equity | (86.2) | 50.1 | 78.7 | 100.0 | 100.0 | (490.4) | 9.2 |
| Total Liabilities & Equity | 248.1 | 161.7 | 162.2 | 123.8 | 136.8 | 44.9 | 39.3 |
| Debt Metrics | |||||||
| Total Debt | 288.6 | 71.4 | 66.1 | 7.8 | 0 | 58.9 | 15.8 |
| Net Debt | 243.8 | 32.1 | (15.8) | (39.4) | (100.1) | 50.2 | 1.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (189.3) | (101.9) | (71.7) | (40.1) | (144.7) | (137.3) | (98.8) |
| Depreciation & Amortization | 7.8 | 5.2 | 4.8 | 3.7 | 1.8 | 0.2 | 0.1 |
| Stock-Based Compensation | 16.6 | 13.9 | 21.8 | 26.5 | 1.7 | 7.4 | 0.1 |
| Change in Working Capital | 1.9 | 7.0 | 2.7 | (2.7) | (14.4) | (0.9) | 1.2 |
| Other Non-Cash Items | 112.2 | 37.7 | 7.0 | (24.5) | 14.2 | 102.2 | 81.9 |
| Operating Cash Flow | (50.7) | (38.0) | (35.4) | (37.1) | (47.9) | (28.4) | (15.5) |
| Investing Activities | |||||||
| Capital Expenditure | (0.1) | (0.3) | (2.8) | (3.6) | (1.3) | (7.2) | (0.1) |
| Acquisitions | 0 | 0 | 0 | (4.0) | 207.9 | 0 | 0 |
| Purchases of Investments | (282.1) | (82.4) | (37.4) | (13.6) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 218 | 46.5 | 42.2 | 5.5 | 0 | 0 | 0 |
| Other Investing Activities | (0.4) | (3.2) | 0 | 0 | (207.9) | 0 | 0 |
| Investing Cash Flow | (64.6) | (39.5) | 1.1 | (15.7) | (1.3) | (7.2) | (0.1) |
| Financing Activities | |||||||
| Net Debt Issuance | 117.7 | (0.1) | 68.0 | (0.0) | (72.2) | 40.3 | 0 |
| Stock Repurchased | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0.1 | 207.9 | (5.5) | 24.0 |
| Financing Cash Flow | 120.5 | 35.1 | 69.0 | 0.0 | 135.6 | 34.8 | 24.0 |
| Cash Position | |||||||
| Net Change in Cash | 5.4 | (42.5) | 34.6 | (52.8) | 86.4 | (0.8) | 8.4 |
| Cash at Beginning | 39.3 | 81.9 | 47.2 | 100.1 | 13.7 | 14.5 | 6.1 |
| Cash at End | 44.8 | 39.3 | 81.9 | 47.2 | 100.1 | 13.7 | 14.5 |
| Free Cash Flow | (50.8) | (38.4) | (38.2) | (40.7) | (49.2) | (35.6) | (15.6) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 4.6 | 5.7 | 3.9 | 3.9 | 0.8 | 0.6 | 0.2 |
| Gross Profit | (11.7) | (5.1) | (8.9) | (7.9) | (17.6) | (7.2) | (5.5) |
| Operating Income | (70.2) | (60.1) | (63.5) | (65.5) | (42.4) | (29.5) | (17.3) |
| Net Income | (189.3) | (101.9) | (71.7) | (40.1) | (144.7) | (137.3) | (98.8) |
| EPS (Diluted) | -1.42 | -0.84 | -0.66 | -0.40 | -1.47 | -5.49 | -6.27 |
| Balance Sheet | |||||||
| Cash & Equivalents | 44.8 | 39.3 | 81.9 | 47.2 | 100.1 | 8.7 | 14.5 |
| Total Assets | 248.1 | 161.7 | 162.2 | 123.8 | 136.8 | 44.9 | 39.3 |
| Total Debt | 288.6 | 71.4 | 66.1 | 7.8 | 0 | 58.9 | 15.8 |
| Stockholders' Equity | (86.2) | 50.1 | 78.7 | 100.0 | 100.0 | (490.4) | 9.2 |
| Cash Flow | |||||||
| Operating Cash Flow | (50.7) | (38.0) | (35.4) | (37.1) | (47.9) | (28.4) | (15.5) |
| Capital Expenditure | (0.1) | (0.3) | (2.8) | (3.6) | (1.3) | (7.2) | (0.1) |
| Free Cash Flow | (50.8) | (38.4) | (38.2) | (40.7) | (49.2) | (35.6) | (15.6) |