vs

Side-by-side financial comparison of AST SpaceMobile, Inc. (ASTS) and Prenetics Global Ltd (PRE). Click either name above to swap in a different company.

Prenetics Global Ltd is the larger business by last-quarter revenue ($92.0M vs $54.3M, roughly 1.7× AST SpaceMobile, Inc.).

AST SpaceMobile, Inc. is a publicly traded satellite designer and manufacturer based in Midland, Texas, United States. The company is building the SpaceMobile satellite constellation, a space-based cellular broadband network designed to connect directly to standard, unmodified smartphones. The network is intended to deliver 4G and 5G broadband coverage globally, particularly in remote and underserved regions.

Prenetics (NASDAQ:PRE) is a health sciences company headquartered in Hong Kong, with a presence in the United States. It focuses on early detection, prevention, and treatment of diseases, particularly cancer.

ASTS vs PRE — Head-to-Head

Bigger by revenue
PRE
PRE
1.7× larger
PRE
$92.0M
$54.3M
ASTS

Income Statement — Q4 FY2025 vs Q1 FY2023

Metric
ASTS
ASTS
PRE
PRE
Revenue
$54.3M
$92.0M
Net Profit
$-74.0M
Gross Margin
39.2%
Operating Margin
-175.0%
Net Margin
-136.2%
Revenue YoY
2758.2%
Net Profit YoY
-106.3%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASTS
ASTS
PRE
PRE
Q4 25
$54.3M
Q3 25
$14.7M
Q4 23
$0
Q3 23
$0
Q2 23
$0
Q1 23
$92.0M
Q4 22
$-1.0K
Q3 22
$74.7M
Net Profit
ASTS
ASTS
PRE
PRE
Q4 25
$-74.0M
Q3 25
$-122.9M
Q4 23
$-31.9M
Q3 23
$-20.9M
Q2 23
$-18.4M
Q1 23
Q4 22
$-8.2M
Q3 22
Gross Margin
ASTS
ASTS
PRE
PRE
Q4 25
Q3 25
Q4 23
Q3 23
Q2 23
Q1 23
39.2%
Q4 22
200.0%
Q3 22
34.5%
Operating Margin
ASTS
ASTS
PRE
PRE
Q4 25
-175.0%
Q3 25
-1109.0%
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
2522300.0%
Q3 22
-7.2%
Net Margin
ASTS
ASTS
PRE
PRE
Q4 25
-136.2%
Q3 25
-833.7%
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
822900.0%
Q3 22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASTS
ASTS
PRE
PRE
Cash + ST InvestmentsLiquidity on hand
$4.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
Total Assets
$5.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTS
ASTS
PRE
PRE
Q4 25
$4.3B
Q3 25
$2.4B
Q4 23
$155.3M
Q3 23
$251.7M
Q2 23
$372.9M
Q1 23
Q4 22
$469.3M
Q3 22
Total Debt
ASTS
ASTS
PRE
PRE
Q4 25
Q3 25
Q4 23
Q3 23
Q2 23
$4.6M
Q1 23
Q4 22
$4.8M
Q3 22
Stockholders' Equity
ASTS
ASTS
PRE
PRE
Q4 25
$2.4B
Q3 25
$1.6B
Q4 23
$213.6M
Q3 23
$287.2M
Q2 23
$335.9M
Q1 23
Q4 22
$359.8M
Q3 22
Total Assets
ASTS
ASTS
PRE
PRE
Q4 25
$5.0B
Q3 25
$2.6B
Q4 23
$360.9M
Q3 23
$402.1M
Q2 23
$408.5M
Q1 23
Q4 22
$438.4M
Q3 22
Debt / Equity
ASTS
ASTS
PRE
PRE
Q4 25
Q3 25
Q4 23
Q3 23
Q2 23
0.01×
Q1 23
Q4 22
0.01×
Q3 22

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASTS
ASTS
PRE
PRE
Operating Cash FlowLast quarter
$65.0M
Free Cash FlowOCF − Capex
$-330.7M
FCF MarginFCF / Revenue
-609.0%
Capex IntensityCapex / Revenue
728.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-790.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTS
ASTS
PRE
PRE
Q4 25
$65.0M
Q3 25
$-64.5M
Q4 23
$-24.9M
Q3 23
$-36.1M
Q2 23
$-50.3M
Q1 23
Q4 22
$-35.0M
Q3 22
Free Cash Flow
ASTS
ASTS
PRE
PRE
Q4 25
$-330.7M
Q3 25
$-302.9M
Q4 23
$-47.2M
Q3 23
$-109.5M
Q2 23
$-57.8M
Q1 23
Q4 22
$-46.5M
Q3 22
FCF Margin
ASTS
ASTS
PRE
PRE
Q4 25
-609.0%
Q3 25
-2055.0%
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
4647400.0%
Q3 22
Capex Intensity
ASTS
ASTS
PRE
PRE
Q4 25
728.7%
Q3 25
1617.6%
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
-1143400.0%
Q3 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASTS
ASTS

Products$44.4M82%
Other$7.8M14%
Sat Co$2.1M4%

PRE
PRE

Segment breakdown not available.

Related Comparisons