Blacksky Q1 2022 Earnings Report
Key Takeaways
BlackSky reported a record revenue of $13.9 million for Q1 2022, a 91% increase compared to the prior year period. Imagery and software analytical services revenue grew to 70% of total revenue. The company's adjusted EBITDA loss was $9.5 million, and the cash balance at the end of March 2022 was $138.4 million.
Record revenue of $13.9 million, up 91% from prior year period.
Imagery & software analytical services revenue improves 63% over prior year's quarter.
Net loss of $20.0 million.
Adjusted EBITDA loss of $9.5 million.
Blacksky
Blacksky
Blacksky Revenue by Segment
Forward Guidance
The Company continues to anticipate strong demand for its geospatial intelligence and analytic insights throughout the year and maintains its full year 2022 revenue expectations of between $58 million and $62 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income