BALI, Indonesia — Small satellite manufacturer GomSpace of Sweden and Denmark told investors to expect a 30% average annual growth in revenue between now and 2030 with an EBITDA margin of more than 20%.
The striking forecast comes as GomSpace sees traction among nations wanting their own sovereign satellite communications constellations and establishes operations in Latin America and Asia in addition to Europe and Ukraine.
GomSpace reported revenue of 442 million Swedish Krona ($48 million), with a 12% EBITDA margin. The 2030 forecast would see revenue landing at . . .
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