Spire Global (SPIR) Presents at 2022 Baird Global Consumer, Technology & Services Conference

Financial Performance & Guidance - Spire achieved Q1 2022 revenue of $17.5 million to $18.1 million, representing an 86% year-over-year (YoY) growth[17] - The company's Annual Recurring Revenue (ARR) for Q1 2022 reached $81.5 million to $81.6 million, a 134% increase YoY[17] - Spire projects FY2022 revenue to be $87.5 million at the mid-point, indicating a 102% YoY growth[18] - The company anticipates FY2022 ARR to reach $103.0 million, a 45% increase YoY[18] - Spire expects to have 730 ARR Solution Customers by the end of FY2022, a 22% increase YoY[18] - Non-GAAP Operating Loss Margin is expected to improve by 53.4 percentage points to 51.4% in FY2022[18] Business Overview & Strategy - Spire operates a constellation of over 100 satellites[7,10] - The company has over 625 ARR Solution Customers across 60+ countries[7] - Spire's services are categorized into Data Solutions, Maritime, Aviation, and Weather, with Total Addressable Markets (TAM) of $8 billion, $22 billion, $22 billion, and $39 billion respectively[11] - Spire focuses on four growth pillars: investing in sales, marketing, and product; expanding into new geographies and use cases; expanding data and analytics capabilities; and executing strategic acquisitions[26]