AST SpaceMobile vs Veon
Veon reported revenue of $4.4 billion in fiscal 2025, 62.0 times AST SpaceMobile's $71 million in fiscal 2025. AST SpaceMobile's revenue grew 1511.8% in its latest year, and Veon's grew 9.9%.
Side by side
| AST SpaceMobile | Veon | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $71M | $4.4B |
| Revenue growth | 1,511.8% | 9.9% |
| Revenue growth a year, last 5 years | — | 4.8% |
| Gross margin | — | — |
| Operating margin | — | 32.7% |
| Net margin | −482.2% | 13.4% |
| Free cash flow | −$1.1B | — |
| Free cash flow margin | −1,602.2% | — |
| Return on capital | — | 36.4% |
| Net debt to EBITDA | — | 0.6x |
| Dividends and buybacks | $0M | $172M |
| Change in diluted share count | 65.7% | −0.9% |
| Last close | $39.45 | $84.50 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | bought $806,435, sold $451.6 million | bought $1.1 million, sold $0 |
| Piotroski F-score | 4 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AST SpaceMobileVeon
Operating margin
Percent of revenue
AST SpaceMobileVeon
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AST SpaceMobileVeon
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the AST SpaceMobile and Veon pages.