SATL
🛰️ Satellogic operates in a complex sector, sending low-orbit satellites, making it difficult to understand and project its future.
📉 Although the company’s financials can be analyzed, the complexity of the sector makes it challenging to make informed investment decisions.
⚠️ The speaker admits a lack of deep understanding of the sector, despite the ability to analyze financial numbers.
@invertirdesdecasa:
“If you look at the accounting of a company that sends rockets to the moon, I don’t have, or low-orbit satellites like Satellogic, I have no idea about that sector, and even if I read 300 treatises, I don’t think I’ll ever understand it well. The numbers are cold; you see profit margins, you see return on capital, you see degree of leverage, you see degree of indebtedness, the numbers are cold, numbers are numbers. A balance sheet is, of course, good or bad depending on the balance itself; an income statement is good or bad depending on the numbers themselves; or a cash flow statement is good or bad depending on the numbers themselves. The numbers are cold; you can see this and compare and calculate returns and much more. Does that mean you have to invest in any company that has good numbers because that means it’s a good company? I would say the answer is not necessarily. A good company is a good place to look for a good investment, but they are not synonymous. I can’t, I’ll give an example, I can’t do it with Satellogic, which sends low-orbit satellites to the moon, well, I don’t know, to space, I have no idea, unless you’re of course an engineer and have a lot of knowledge on the subject and a lot of other things. But they are sectors, to give an extreme example, more complicated to understand than others.”
Watch the exact part of the YouTube video where Satellogic is discussed here:
View the video on YouTube.
Read more articles analyzing Satellogic (SATL) at the provided link. SATL stock.
