Sidus Space Forges Ahead But Operating Losses Mount

Dec. 06, 2022 4:19 PM ETSidus Space, Inc. (SIDU)10 Comments

Summary

  • Sidus Space went public in December 2021, raising $15 million in an IPO.
  • The firm provides a range of space manufacturing and operations services.
  • SIDU is still a tiny company and is subject to large stock price swings on headline news.
  • I'm on Hold for the stock due to its worsening operating losses, but SIDU is worth watchlisting for future consideration.
  • Looking for more investing ideas like this one? Get them exclusively at IPO Edge. Learn More »

The layout of the satellite.

Mikhail Shapovalov/iStock via Getty Images

A Quick Take On Sidus Space

Sidus Space, Inc. (NASDAQ:SIDU) went public in December 2021, raising approximately $15 million in gross proceeds from an IPO priced at $5.00 per share.

The firm provides a range

9 Quarter Total Revenue

9 Quarter Total Revenue (Seeking Alpha)

9 Quarter Gross Profit Margin

9 Quarter Gross Profit Margin (Seeking Alpha)

9 Quarter Selling, G&A % Of Revenue

9 Quarter Selling, G&A % Of Revenue (Seeking Alpha)

9 Quarter Operating Income

9 Quarter Operating Income (Seeking Alpha)

9 Quarter Earnings Per Share

9 Quarter Earnings Per Share (Seeking Alpha)

52 Week Stock Price

52 Week Stock Price (Seeking Alpha)

Gain Insight and actionable information on U.S. IPOs with IPO Edge research.

Members of IPO Edge get the latest IPO research, news, and industry analysis.

Get started with a free trial!

This article was written by

Donovan Jones profile picture
18.83K Followers
Author of IPO Edge
Get IPO Edge with actionable research on next-generation high growth stocks

I'm the founder of IPO Edge on Seeking Alpha, a research service for investors interested in IPOs on US markets. Subscribers receive access to my proprietary research, valuation, data, commentary, opinions, and chat on U.S. IPOs. Join now to get an insider's 'edge' on new issues coming to market, both before and after the IPO. Start with a 14-day Free Trial.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: This report is for educational purposes only and is not financial, legal, or investment advice. The information referenced or contained herein may change, be in error, become outdated and irrelevant, or be removed at any time without notice. You should perform your own research on your particular financial situation before making any decisions.

Recommended For You

Comments (10)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.