The pullbacks in the broader indices precipitated this list of undervalued stocks under $20. When done successfully, the biggest gains may come from investors adopting a contrarian stance. This is because investing early or against the grain may assume more risk, but this too comes with more rewards.These undervalued stocks under $20 represent a good mix of risk and predicted upside, so investors may consider this list of companies closely.Uranium Energy Corp (UEC)Source: RHJPhtotos / ShutterstockUranium En ...

BlackSky Technology Inc. (NYSE:BKSY) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Aly Bonilla - VP of IR Brian O'Toole - CEO Henry Dubois - CFO Conference Call Participants Jaeson Schmidt - Lake Street Edison Yu - Deutsche Bank Josh Sullivan - Benchmark Company Jeff Van Rhee - Craig Hallum Greg Mesniaeff - WestPark Capital Griffin Boss - B. Riley Securities FBR Operator Good morning, ladies and gentlemen, and welcome to BlackSky Technology's Third Quarter 2023 Earnings C ...

BlackSky Proprietary BlackSky Proprietary BlackSky Proprietary Successful integration of BlackSky's high- frequency imagery services with the NRO's new data architecture Enables BlackSky to scale the delivery of imagery services through advanced APIs and enterprise interfaces BlackSky Proprietary for Launch in 2024 Scaling satellite manufacturing production line BlackSky Proprietary BlackSky Proprietary (→) Strong customer demand and growing momentum from new and existing U.S. and international government c ...

BlackSky Technology Inc. (NYSE:BKSY) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants Aly Bonilla - Vice President of Investor Relations Brian O'Toole - Chief Executive Officer Henry Dubois - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Edison Yu - Deutsche Bank Josh Sullivan - The Benchmark Company Greg Mesniaeff - WestPark Capital Griffin Boss - B. Riley Securities Caleb Henry - Quilty Analytics Operator Good morning, ladies and gentlemen ...

EARNINGS WEBCAST Brian O'Toole Chief Executive Officer Certain statements in this presentation may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. Words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions are often intended to identify forward-looking statements, although ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2023 was $18.4 million, an increase of $4.5 million or 32% year-over-year [102] - Imagery and analytics revenue grew to $15.8 million, representing a 114% increase over the prior year period, driven by higher volumes delivered to U.S. and international government customers [102] - Adjusted EBITDA loss was $4.1 million, a 57% improvement from the $9.5 million loss in the prior year, primarily due to increased high-margin revenue while maintaining a static cost base [103] Business Line Data and Key Metrics Changes - Imagery and analytics business contributed 86% of total revenues in Q1 2023, up from about 50% in Q1 2022 [9] - Professional and engineering services revenue decreased to $2.6 million in Q1 2023 from $6.5 million in the prior year, attributed to nearing completion of R&D programs [77] Market Data and Key Metrics Changes - International revenues now account for nearly 25% of overall revenues, indicating strong international demand [54] - The company successfully closed over a dozen contracts, many supporting international government agencies, including a significant $150 million multiyear contract for imagery and analytics services [98][72] Company Strategy and Development Direction - The company is focused on expanding its sales pipeline and customer base through an aggressive go-to-market strategy and investment in international sales [11] - Continued investment in next-generation satellites (Gen 3) is planned, with contracts already secured for capacity and capabilities [76][90] - The company aims to achieve positive adjusted EBITDA by Q4 2023, supported by strong demand for high-frequency imagery and analytics [36][103] Management's Comments on Operating Environment and Future Outlook - Management noted strong demand for space-based capabilities driven by geopolitical, economic, and security concerns, leading to increased investments from government agencies [5] - The company is optimistic about achieving its full-year revenue guidance of $90 million to $96 million, with a clear path to sustainable long-term profitability [36][37] Other Important Information - The company successfully deployed two new Gen 2 satellites, enhancing imaging capacity and redundancy [31][8] - An amendment to the existing debt facility was announced, extending maturity until 2026 and reducing cash interest payments for the next two years [63][78] Q&A Session Summary Question: Can you elaborate on the situation with your Global 7 and Global 8 satellites? - Management confirmed that they occasionally adjust satellite altitudes as part of normal operations to enhance performance and extend mission life [108] Question: What is the status of Gen 3 capacity contracts? - Management indicated that the $150 million contract is for Gen 3 capability, with existing customers looking to transition from Gen 2 to Gen 3 as it becomes available [110] Question: How is the commercial market performing? - Management acknowledged that commercial revenues are still small but noted growing interest and demand, particularly in monitoring commodities and supply chains [118]

Legal Disclaimers Certain statements in this presentation may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. Words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements c ...

Revenue Performance - Total revenue for the three months ended March 31, 2023, was $18,397 thousand, an increase of 32.4% compared to $13,896 thousand for the same period in 2022[156] - Imagery and software analytical revenue rose to $15,760 thousand, representing 85.7% of total revenue, a significant increase of 113.8% from $7,370 thousand in the prior year[156] - Professional and engineering services revenue decreased to $2,637 thousand, accounting for 14.3% of total revenue, down 59.6% from $6,526 thousand in the same period last year[156] - The company expects continued revenue growth from existing U.S. and international defense and intelligence customers[152] - The company expects continued revenue growth in imagery and software analytical services for the year ending December 31, 2023, driven by stronger customer demand[174] Cost and Expense Management - Total costs for the three months ended March 31, 2023, were $6,478 thousand, a decrease of 40.9% from $10,955 thousand in the prior year[159] - Stock-based compensation expense decreased by 70.6% to $2,737 thousand from $9,319 thousand in the same period in 2022[161] - Depreciation and amortization expenses increased by 30.6% to $9,655 thousand compared to $7,391 thousand in the prior year[163] - Selling, general, and administrative expenses decreased by $3.59 million, or 15.9%, compared to the same period in 2022[180] - Research and development expenses increased significantly due to contracting third-party vendors for strategic projects[162] - Research and development expenses rose to $216,000, a 47.9% increase from $146,000 in the same period last year[187] Profitability and Loss - Operating loss improved to $(16.90) million, a 37.7% reduction from $(27.14) million in the same period last year[180] - Net loss for the three months ended March 31, 2023, was $(17.32) million, a 13.4% improvement from $(19.99) million in the prior year[180] - The net loss for the three months ended March 31, 2023, was $17.3 million, an improvement from a net loss of $20.0 million in the same period of 2022, representing a decrease of approximately 8.5%[225] - Adjusted EBITDA for the same period was a loss of $4.1 million, compared to a loss of $9.5 million in the prior year, indicating a significant improvement of approximately 56.7%[225] Cash and Liquidity - Cash and cash equivalents totaled $57.0 million as of March 31, 2023, up from $34.2 million at the end of 2022[169] - Current assets as of March 31, 2023, were approximately $91.4 million, providing sufficient liquidity for short-term requirements[200] - Cash used in operating activities for the three months ended March 31, 2023, was approximately $16.6 million, primarily due to increased working capital needs[202] - The company expects cash and cash equivalents, along with cash generated from operating activities, to be sufficient to meet working capital and capital expenditure needs for the foreseeable future[226] - Net cash used in operating activities was $16.6 million for the three months ended March 31, 2023, compared to $12.7 million in the same period of 2022, reflecting an increase in cash outflows of approximately 30.9%[231] Investment and Financing Activities - The net cash provided by investing activities was $10.5 million, primarily due to the redemption and maturity of $38.1 million in short-term investments, partially offset by purchases of $11.8 million[233] - Financing activities resulted in net cash provided of $28.9 million, a significant increase compared to a net cash used of $3.6 million in the same period of the previous year, representing a change of approximately 900%[231] - The company plans to invest in capital expenditures for satellite procurement and the development of the Spectra AI platform to enhance product capabilities[199] Stock and Dividend Policy - The company has largely transitioned to granting RSUs to employees, with the grant date fair value equal to the trading price of Class A common stock on the date of grant[212] - The company does not currently plan to pay dividends on its Class A common stock, resulting in an assumed dividend yield of zero for stock option valuations[212] Satellite Procurement and Services - Significant cash outflows for satellite procurement and launch-related services increased in the first quarter of 2023 compared to the same period in 2022, primarily due to the launch of two additional Gen-2 satellites[233]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-K ___________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39113 ___________________________________ BLACKSKY TECHNOLOGY ...

BlackSky Technology Inc. (NYSE:BKSY) Q4 2022 Earnings Conference Call March 7, 2023 8:30 AM ET Company Participants Aly Bonilla - Vice President of Investor Relations Brian O'Toole - Chief Executive Officer Henry Dubois - Chief Financial Officer Conference Call Participants Josh Sullivan - The Benchmark Company Jaeson Schmidt - Lake Street Scott Deuschle - Credit Suisse Edison Yu - Deutsche Bank Austin Moeller - Canaccord Genuity Griffin Boss - B. Riley Securities Caleb Henry - Quilty Analytics Operator Goo ...