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Market: Abu Dhabi Symbol: YAHSAT ISIN: AEA007501017 Industry: Services

Al Yah Satellite Communications Company P.J.S.C. (Yahsat) is a public company listed on the Abu Dhabi Securities Exchange (ADX) and a subsidiary of Mubadala Investment Company PJSC, offering multi-mission satellite services in more than 150 countries across Europe, the Middle East, Africa, South America, Asia and Australasia.

Yahsat’s fleet of 5 satellites reaches more than 80% of the world’s population, enabling critical communications including broadband, broadcasting, backhauling and mobility solutions. Based out of Abu Dhabi in the UAE, Yahsat provides C, Ku, Ka and L-band satellite communications solutions for land, maritime and aero platforms to consumers, governments and enterprises. Its businesses consist of Yahsat Government Solutions, Thuraya, YahClick (powered by Hughes) and YahLink. Yahsat also participates in Hughes do Brasil, an equity partnership with Hughes, and Yahlive, an equity partnership with SES. In 2020, Yahsat commenced construction of Thuraya 4-NGS, the next generation telecommunications system for Thuraya, which is due to be in service during 2024.

Key Figures (U.S.$ thousand) 2019 2020 2021
Revenue 440,569 407,507 407,569
Adjusted EBITDA 248,856 246,930 240,481
Operating profit 97,362 95,333 89,985
Profit 22,873 61,400 62,873
Total assets 1,819,732 1,674,978 1,862,158
Total liabilities 824,186 694,863 944,072
Total equity 995,546 980,115 918,086
Net cash from operating activities 218,017 228,929 227,335
Net cash from/(used in) investing activities (161,054) (71,110) (162,838)
Net cash used in financing activities (147,284) (200,081) 108,006