3 Revolutionary Stocks - Maxar Technologies

2-Maxar Technologies

Maxar Technologies, headquartered in Colorado, USA, is a space technology company specializing in intelligence, earth observation, radar, orbital satellites, satellite products and related services.

The company's biggest customer is the US Department of Defense!

It provides battlefield logistics through orbital satellites for the Ministry to coordinate space, air, land and sea operations. If that didn't affect you enough, you should also know that Maxar has an impressive financial record.

The company's revenue rose 3 percent from $ 1.67 billion last year to $ 1.72 billion.

Considering the high costs of launching satellites into space and their subsequent maintenance, it is an impressive figure of $ 243 million in cash flow. Over the past three years, the company has generated revenue of approximately US $ 105 million to $ 317 million in annual cash flow. Maxar Technology has a high but manageable debt level of $ 2.5 billion, excluding the cash balance. Since 2019, operating income has been bringing in more than interest expenses (about $ 200 million a year), which is a good thing because the company can always finance it when the main debt is due. The company expects to further increase its sales to $ 1.89 billion this year and balance free cash flow.

Maxar predicts that annual free cash flow will reach $ 325 million by 2023.

Despite all its success, the company is only trading at 1.5 times, which is a relatively inexpensive valuation given the projected 9.4 percent annual revenue growth rate. Maxar is an exciting space company worth adding to your portfolio or watchlist.   3 Revolutionary Stocks - Maxar Technologies Source: https://www.fool.com/ You may also be interested in:

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