BlackSky Technology Inc. (NYSE:BKSY) is a company that provides geospatial intelligence, imagery, and data analytics products and services to government and commercial customers worldwide. The company recently posted a loss of US$57m for its most recent financial year, raising concerns among investors about its path to profitability.
Industry analysts predict that BlackSky Technology will breakeven in 2027, with a projected profit of US$3.3m. The company is expected to achieve this milestone through an average annual growth rate of 57%, which may be considered aggressive. Additionally, BlackSky Technology has a high debt-to-equity ratio of 114%, exceeding the recommended threshold of 40%, which increases the investment risk.
While there are many aspects of BlackSky Technology to consider, investors can find key information on the company’s page on Simply Wall St. Factors to examine include the company’s valuation, management team, and comparison to other high-performing stocks.
It is important to note that the article by Simply Wall St is based on historical data and analyst forecasts and is not intended to provide financial advice. Investors should conduct their own research and consider their financial objectives before making investment decisions.
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