SPACE42 PLC Integrated Report December 31,2025 | premargin
SPACE42 PLC Integrated Report December 31,2025
·ADX·Financial Reports | Integrated Report·March 26, 2026·View on exchange
AI Summary
Space42 PLC reported full-year 2025 consolidated revenue of USD 577 million, with normalized EBITDA of USD 224 million (39% margin) and a normalized net profit of USD 79 million.
The Group secured a 17-year UAE government contract worth USD 5.1 billion for Al Yah 4 and Al Yah 5 satellite programs, contributing to a total contracted future revenue backlog of USD 6.5 billion.
Major operational milestones included the successful launch and commercial service entry of the Thuraya-4 satellite and the expansion of the Foresight Earth observation constellation with three new SAR satellites.
Strategic developments featured the establishment of Equatys, a Direct-to-Device 5G joint venture with Viasat, and a partnership with South Korea’s A2Z to accelerate autonomous mobility transformation in the UAE.
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