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Satixfy Communications Ltd.

SATX-WTA•NYSE
Technology
Communication Equipment
$0.002
$-0.02(-88.89%)
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Over the last four quarters, Satixfy Communications Ltd. achieved steady financial progress, growing revenue from $1.84M in Q4 2023 to $2.46M in Q3 2024. Gross profit stayed firm with margins at 68% in Q3 2024 versus 15% in Q4 2023. Operating income totaled -$9.38M in Q3 2024, maintaining a -382% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$9.39M. Net income dropped to -$13.25M, with EPS at $0.00. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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