Cliff Note #110

Multibagger Themes: Space Technology - Niche Player - 12% Industry Growth Rate - About To Turn Profitable

We are excited to introduce a new stock to our index. This space equipment and data services company is on the verge of being profitable.

While the company has turned EBITDA positive, it is still lost money on a net income basis, as of 2024. So, it doesn’t screen well.

However, the company is on track to be solidly profitable in 2025, for the first time. This means that more investors will find the company moving through 2025.

Shares currently trade at a low P/E on 2025 earnings per share estimates, especially given the strong growth dynamics in the satellite industry.

Management’s strong growth outlook is supported by a solid backlog that should provide visibility moving forward.

The stock’s valuation multiples could expand quickly as the catalysts we discuss in the following Cliff Note catalyze over the next 12 months, beginning with the company’s 2025 first quarter report.