Spire Global, debt-free, forecasts positive EBITDA by early 2027 and positive operating cash flow later in the year

AMSTERDAM — Multi-payload satellite constellation operator Spire Global forecasts reaching adjusted EBITDA break-even by Q1 2027 and to report positive operating cash flow in 2027, starting with a 13% increase in Q1 revenue and a forecasted 50% increase in revenue this year.

With $50 million in cash as of March 31 and a a private placementin April of $55.5 million, Spire’s current cash balance is sufficient to take it to positive operating cash flow in 2027, Chief Financial Officer Ali Engel said during a May 13 investor call.

 Spire Chief . . .

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