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York Space Systems (YSS) investor relations material
York Space Systems IPO Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and business model
Leading U.S.-based space and defense prime offering mission-critical solutions for national security, government, and commercial customers.
Vertically integrated with proprietary hardware and software, providing end-to-end spacecraft lifecycle services.
Modular satellite platforms (S-CLASS, LX-CLASS, M-CLASS) enable rapid, scalable, and cost-effective production.
Recurring revenue model driven by ongoing software, services, and hardware replacement cycles.
Strong position as the #1 provider to DoD PWSA by number of spacecraft, contracts, and contract types as of September 2025.
Financial performance and metrics
Revenue for the nine months ended September 30, 2025: $280.9M, up 59% from $176.9M in the prior year period.
Gross profit for the same period: $54.4M (19% margin), up from $16.8M (9% margin) in 2024.
Net loss for the nine months ended September 30, 2025: $(56.0)M, improved from $(73.6)M in 2024.
Backlog as of September 30, 2025: $642M, down from $861.7M at year-end 2024, reflecting revenue recognition on major contracts.
Adjusted EBITDA for the nine months ended September 30, 2025: $(6.9)M, improved from $(39.0)M in 2024.
Use of proceeds and capital allocation
Net proceeds from the IPO will be used for working capital, growth, general corporate purposes, inventory, R&D, and capital expenditures.
May use a portion for acquisitions or investments, but no material agreements are in place.
No current plans to pay dividends; earnings will be retained to fund business development.
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