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BigBear.ai (BBAI): Future Prospects and Stock Price Outlook

BigBear.ai (BBAI): Future Prospects and Stock Price OutlookInvestment in the U.S.

This site is a great place for me (@mifsee(2) has been working on company and stock analysis while learning privately.

This is only a record of my personal analysis and the contents may contain errors or information that differs from the actual situation. Please understand in advance when viewing this site.

  1. Introduction.
  2. What is Big Bear AI (BBAI) and what is its business?
  3. What is Big Bear AI's (BBAI) corporate philosophy and vision?
  4. What kind of business does Big Bear AI (BBAI) do?
    1. Cyber & Engineering
    2. analysis
  5. What are Big Bear AI's (BBAI) main services?
    1. Decision Intelligence
    2. Cyber Security & Engineering
    3. Supply Chain and Logistics Optimization
    4. Autonomous Systems and Robotics
    5. AI for Healthcare and Life Sciences
    6. Professional Services
  6. What is Big Bear AI's (BBAI) business model? How does it generate revenue?
    1. Main Revenue Sources
    2. competitive edge
  7. CEO of Big Bear AI (BBAI): Who is Kevin McAlean?
    1. Big Bear AI Performance and reputation as CEO
  8. Who are Big Bear AI's (BBAI) key partnerships and alliances?
    1. Strategic Partnership with Palantir Technologies, Inc.
    2. Commercial partnership with Terran Orbital (Terran Orbital)
    3. Amazon Web Services (AWS) Integration
    4. Cooperation with Proof Labs Inc.
  9. What are the details of the partnership with Palantir Technologies?
    1. Alliance Details and Technology Integration
    2. Market Impact and Benefits of Alliance
    3. Strategy and future development of both companies
  10. What is the difference between Big Bear AI and Palantir's business?
  11. What is the trading market?
  12. What are the sectors, industries, and themes to which Big Bear AI (BBAI) belongs?
    1. sector
    2. type of industry
    3. Themes belonging to
  13. Dividends?
  14. Who are the competitors of Big Bear AI (BBAI)?
  15. What is the size and growth potential of the industry to which Big Bear AI (BBAI) belongs?
    1. Market size and growth potential of the AI industry
    2. Demand for AI in the Defense Sector
    3. AI Applications in the Cyber Security Field
  16. What are the differentiating factors and advantages of Big Bear AI (BBAI) over the competition?
    1. Competitive differentiators
    2. competitive edge
  17. Performance of Big Bear AI (BBAI)
  18. Big Bear AI (BBAI) Stock Price
  19. What are the future lives and prospects of Big Bear AI (BBAI)?
    1. Expansion of government contracts
    2. Entering the Commercial Sector
    3. AI Market Growth and Technology Development
    4. Financial Condition and Stock Price Trends
    5. Future Outlook
  20. Big Bear AI (BBAI) Q3 2024 Financial Summary
  21. What brokerage firms can I buy shares of Big Bear AI (BBAI)?
  22. summary

Introduction.

Artificial intelligence (AI) technology is making remarkable progress and bringing innovation to a variety of industries.
One such company, Big Bear AI (ticker: BBAI), which specializes in AI-based decision-support technology, has shown strong stock price growth and has attracted the attention of investors.

The company is known within the AI industry for providing comprehensive AI-driven solutions designed to improve decision-making processes and operational efficiency in a variety of sectors, including defense, intelligence, and commercial markets.

Here we explore in detail Big Bear AI Holdings (BBAI)'s business, competitive advantages, and future growth potential.

What is Big Bear AI (BBAI) and what is its business?

Big Bear AI (BigBear.ai Holdings, Inc,A company that uses artificial intelligence (AI) and machine learning (ML) technology to assist clients in their decision-making process.

The company operates in two segments, Cyber & Engineering and Analytics,Provides both software and servicesThe company is doing so.
Major customers include U.S. government agencies and the defense, intelligence, and commercial markets.

Big Bear AI is,Provides solutions to collect and process vast amounts of data, deploy AI and ML workflows at scale, and provide decision supportThe company is contributing to its customers' operational efficiency and competitive advantage by providing a wide range of products and services.

Kevin McAlean was appointed CEO in December 2024.
McAlean has extensive experience with government agencies, having served as Acting Secretary of the U.S. Department of Homeland Security under the Trump Administration.

Under this leadership, Big Bear AI provides AI-powered decision intelligence solutions in areas such as national security, supply chain management, and digital identity, helping clients improve strategic and tactical decision making through the integration and interpretation of complex data The company is a member of the following organizations.

Company information for Big Bear AI and Holdings is below.

  • Company Name: P.O. Box Big Bear AI (BigBear.ai Holdings, Inc.)
  • Year of establishment: April 1, 1949 Year 2020
  • Headquarter Location: Tokyo, Japan McLean, Virginia, USA
  • Representative Kevin McAleenan, Ph.
  • Official website:. https://bigbear.ai/
  • Principal Business:. Provide AI-based decision support solutions (cyber & engineering, analytics)

What is Big Bear AI's (BBAI) corporate philosophy and vision?

Big Bear AI's corporate philosophy is.Bringing clarity to the world's most complex decisions".  

As a leading provider of AI-powered decision intelligence solutions, they aim to help governments, defense agencies, and private companies solve complex problems and make better decisions.

What kind of business does Big Bear AI (BBAI) do?

Big Bear AI operates in two main business segments.

Cyber & Engineering

The Cyber & Engineering Division provides high quality technical and management consulting services specializing in the following areas

  • Cloud Engineering and Enterprise IT: Assist companies in designing, deploying, and managing their cloud environments to optimize their enterprise-level IT infrastructure.
  • cyber security: Develop strategies to protect networks and systems from cyber-attacks, implement security measures, and monitor them on an ongoing basis.
  • Computer Network Operations and Wireless: Support the design, deployment, and operation of wired and wireless networks to ensure stable connectivity and performance.
  • systems engineering: Designs, develops, and integrates complex systems and provides optimal solutions tailored to customer requirements.
  • Strategy and Program Planning: Assist in strategic planning and program planning and management to achieve the organization's goals and lead to successful project implementation.

analysis

Focus on the area of big data computing and analytics solutions, including predictive and prescriptive analytics software solutionsThe company provides high-end technology and consulting services to its clients.

The company's AI/ML technology is designed to integrate and interpret large amounts of data to improve strategic and tactical decision making, with particular strengths in areas requiring complex analytical evaluation, such as military operations and large-scale enterprise management.

What are Big Bear AI's (BBAI) main services?

Specific services include the following

Decision Intelligence

It is the core service of Big Bear AI,Integrate and analyze large volumes of data to provide predictive insightsTo. Support decision-making and optimize complex business processes in companies and government agencies.

Related Solutions

  • VANE (Virtual Anticipation Network)
    Geopolitical Risk Analysis System. Predicts hostile activity and provides clear insight into multi-domain environments for government and military agencies.

Cyber Security & Engineering

Provides advanced security solutions for cyber threat monitoring, risk detection, and infrastructure protection. Implement robust cyber defenses especially for defense and intelligence agencies.

Related Solutions

  • ThreatHunter.ai
    AI-based threat detection and response platform.
  • Precognitive Security
    Cyber security solutions based on predictive analytics.
  • Assured Identity
    Secure digital identity management solutions.

Supply Chain and Logistics Optimization

Improves the efficiency of the entire supply chain by using AI to forecast demand, manage inventory, and optimize delivery routes. Provides analysis tools utilizing real-time data to major logistics companies and government agencies.

Related Solutions

  • ProModel® Solution Suite
    A software suite that helps plan, design, and optimize supply chains.
  • Dominate
    Platform for enhanced supply chain visibility and risk management.

Autonomous Systems and Robotics

Develops AI algorithms for unmanned aerial vehicles (UAVs) and autonomous vehicles. Aiming to expand the use of AI in military and defense applications to support more efficient autonomous operations.

Related Solutions

  • Pathfinder
    A platform to support the development and operation of autonomous systems.
  • Open Source Autonomy
    Open source autonomous systems software framework.

AI for Healthcare and Life Sciences

Helps analyze medical data, support diagnostics, and optimize patient management systems. Provides AI-based risk management and forecasting models for healthcare organizations.

Professional Services

Big Bear AI provides professional IT and cloud services to businesses and government agencies. The company provides a wide range of support from data collection and analysis to security enhancement and infrastructure optimization.

Related Solutions

  • Cloud Engineering and Enterprise IT
    Assist with cloud strategy, infrastructure design, and application development.
  • Cyber Operations and Cyber Security
    Provides cyber threat analysis, security measures implementation, and incident response.
  • Data Analysis and Visualization
    Decision support through data analysis, machine learning, and visualization.

Big Bear AI provides AI solutions for a variety of industries. In particular, the company has strong relationships with government agencies and plays an important role in the national security and military sectors.

As AI technology continues to evolve, it is expected to provide more advanced decision support solutions.

What is Big Bear AI's (BBAI) business model? How does it generate revenue?

Big Bear AI's business model is based on providing data analysis and decision support solutions that leverage artificial intelligence (AI) and machine learning (ML).

The company offers cyber & engineering, analytics, and other services to government agencies and commercial enterprises, and derives revenue from these services.

Main Revenue Sources

Big Bear AI's main sources of revenue are long-term government contracts and projects with commercial clientsThe first is.
For example, it has won large government projects, including a 10-year contract with the U.S. Air Force totaling $900 million. 

In the commercial sector, we serve clients in diverse industries, including supply chain and logistics optimization, healthcare, and finance.The company has been profitable.

competitive edge

In addition, Big Bear AI employs a hybrid model that combines machine learning with human expertise to establish a unique competitive advantage.
This approach has allowed us to provide effective solutions to our clients' complex challenges and generate revenue.

CEO of Big Bear AI (BBAI): Who is Kevin McAlean?

 McAlean, who will become CEO of Big Bear AI on January 15, 2025, brings with him a background as an employee of the U.S. Department of Homeland Security and the founder of the AI company Pangeaum .

McAlean has held leadership positions in the U.S. government for nearly 20 years

  • U.S. Department of Homeland Security (DHS):McAlean served as Acting Deputy Secretary of the U.S. Department of Homeland Security (DHS) under the Trump administration.
  • Pangiam:After serving in government, McAlean co-founded the AI company Pangeum and became CEO and Chairman of the Board.
  • Big Bear AI:In 2024, when Pangeum was acquired by Big Bear AI, McAlean became president of Big Bear AI.

Big Bear AI Performance and reputation as CEO

McAlean's leadership and vision have already been well received by the market.  

  • Impact on stock price: After the announcement of McAlene's appointment as CEO, Big Bear AI's stock price soared. This is an indication that investors are looking forward to his experience and leadership.  
  • Evaluation from Experts: Mr. McAlene is credited with developing working relationships with federal agencies and being in a better position to win Department of Defense contracts.  
  • promise: Under McAlene's leadership, Big Bear AI is expected to further solidify its position as an AI solutions provider and accelerate its growth.

Kevin McAlean is an expert in the field of AI, with experience in public service with the U.S. Department of Homeland Security and as the founder of the AI company PangeaM.
Particularly,McAlean's strong pipeline with government agencies will be instrumental in winning contracts with the Department of Defense and other government agencies, and the advanced biometrics technology acquired through the Pangeaum acquisition will enhance Big Bear AI's competitive edge and drive growth in the digital ID spaceIt is expected that the company will do so.

Who are Big Bear AI's (BBAI) key partnerships and alliances?

Big Bear AI is expanding the range of applications of AI technology through the following key partnerships and alliances

Strategic Partnership with Palantir Technologies, Inc.

Big Bear AI is,palantirs Foundry platform and its own "Observe, Orient, and Dominate" product to enhance data collection to predictive intelligence delivery in areas such as space, retail, logistics, and energy.

Commercial partnership with Terran Orbital (Terran Orbital)

The company is working with Terran Orbital to support the production and operation of the Constellation Earth Observation Satellite. The partnership combines data collection from space and AI analysis to provide advanced Earth observation solutions to government and commercial customers.

Amazon Web Services (AWS) Integration

Big Bear AI is an AWS partner offering cloud engineering, AI/ML, and cybersecurity services. This collaboration provides customers with scalable and secure cloud-based solutions.

Cooperation with Proof Labs Inc.

To enhance cybersecurity for the U.S. Air Force and Space Command, we are working with Proof Labs to develop a Cyber Resistant Orbital (CROO) solution.
This effort is part of AFWERX's Small Business Innovation Research (SBIR) Phase II contract.

Through these partnerships, Big Bear AI is strengthening its ability to provide AI solutions in diverse industries to help customers solve complex challenges.

What are the details of the partnership with Palantir Technologies?

BigBear.ai Holdings, Inc. and Palantir Technologies Inc. have entered into a strategic partnership in 2023.

The purpose of this partnership is,Combines Big Bear AI's advanced artificial intelligence (AI) and machine learning (ML) technologies with Palantir's Foundry data integration and analytics platform to provide comprehensive data solutions for businesses and government agenciesThe purpose of the project is to

Alliance Details and Technology Integration

The partnership between the two companies will integrate Big Bear AI's AI/ML algorithms and Palantir's Foundry platform to create an advanced system that will perform everything from data collection to analysis and decision-making support.
The following specific technical synergies are expected

  • Enhanced data integration and analysis: Palantir's Foundry integrates vast amounts of data, and Big Bear AI's AI technology analyzes that data to provide more accurate insights.
  • Strengthening decision-making support: Integrate disparate data sources to create a system that supports rapid decision-making.
  • Joint product developmentProvides customized solutions for specific industry needs for: defense, infrastructure, energy, logistics, and other sectors.

Particularly,Big Bear AI has strong relationships with the U.S. Department of Defense and intelligence agencies, and Palantir also has government agencies such as the CIA, FBI, and NSA as major clients.The confluence of the two companies' expertise will enable them to provide more powerful data analysis solutions.

Market Impact and Benefits of Alliance

  • Increased market competitiveness:.By partnering with Palantir, Big Bear AI will achieve a comprehensive data integration and analysis solution that it could not offer alone, strengthening its competitiveness in the marketplace; by combining AI and data analysis technologies, it will differentiate itself from other AI companies.
  • Acquisition of new customer segments:.With access to Palantir's customer base (government agencies and large corporations), Big Bear AI will be able to expand into new markets. In particular, the company is expected to expand its solutions to the private sector.
  • Technology Upgrades and Product Lineup Expansion:.Joint development will result in more accurate AI-based forecasting and analysis tools. The Big Bear AI product line will be expanded and customer satisfaction will be improved.
  • Strengthening of the revenue base: 1.Increased opportunities to win large government and commercial projects through joint projects with Palantir. Big Bear AI's revenue base will become more stable and its corporate value is expected to increase.

Strategy and future development of both companies

Big Bear AI's Strategy

  • so farThe company has been providing services to defense and government agencies, but through its partnership with Palantir, it has made a full-scale entry into the civilian market.
  • Since listing on the Special Purpose Acquisition Corporation (SPAC) in 2021, the company has won major contracts, including a GFIM production services contract with the U.S. Army and an OASIS+ contract with the U.S. Federal Acquisition Administration (GSA).
  • Collaboration with Palantir further strengthens the company's competitiveness in the field of data integration and analysis.

Palantir Strategy

  • While government agencies have been its primary customers to date, Big Bear AI's AI/ML technology is accelerating its expansion into the private market.
  • Expand the Foundry ecosystem by promoting greater data interoperability, building a developer community, and partnering with third parties.
  • AI technology will further enhance Foundry's value and attract new customers.

The partnership between Big Bear AI and Palantir Technologies is expected to enable more sophisticated use of data, which will be used in a wide range of government and private sectors.

Opportunity for Big Bear AI to leverage Palantir's customer network and market experience to expand its businessand is an opportunity for Palantir to strengthen its platform and improve its competitiveness through the implementation of AI technology.

It remains to be seen what joint products the two companies will develop and bring to market.

What is the difference between Big Bear AI and Palantir's business?

Both Big Bear AI and Palantir Technologies specialize in AI-based data analysis, but there are important differences from an investment perspective.

The following is a tabular representation of the differences between the two companies.

(data) itemPalantir (PLTR)Big Bear AI (BBAI)
Year Established2003Year 2020
Business ScaleLarge (government agencies, Fortune 500 companies)Relatively small (mainly DOD)
Major ClientsCIA, FBI, NSA, private sectorU.S. Department of Defense, infrastructure, energy and logistics companies
BusinessData integration, analysis and visualization platformDecision support solutions using AI and machine learning
one's field of expertiseSecurity, fraud detection and risk managementAI applications for defense, intelligence, and commerce
growth potentialSlow growth in already established marketsRapidly growing in emerging markets
investment riskHighly dependent on government and susceptible to policy changesLack of performance stability in a new company; performance fluctuates greatly depending on contract conditions
Valuation in the Stock MarketAlready highly rated, share price is highUndervalued and high growth expectations

Despite these differences,Big Bear AI, also known as the "second palantir," has the potential to succeed with a similar business model.

What is the trading market?

BigBear.ai Holdings, Inc. will list on the NASDAQ market on June 14, 2024, under the ticker symbol "BBAI"

What are the sectors, industries, and themes to which Big Bear AI (BBAI) belongs?

sector

Information TechnologyBig Bear AI is part of the Information Technology sector, providing data analysis and decision support solutions using AI and machine learning.

type of industry

System SoftwareThe company develops advanced software solutions for businesses and government agencies in the areas of cyber engineering and analytics.

Themes belonging to

AI Applications in Defense and Cyber Security:.Big Bear AI provides AI technology-based decision support solutions in areas such as national security and supply chain management to drive digital transformation in these areas.

Dividends?

Big Bear AI (BBAI) does not pay a dividend.

The company is in a growth phase and its strategy is to reinvest earnings in R&D and business expansion.

Who are the competitors of Big Bear AI (BBAI)?

Big Bear AI's main competitors include.

  • Science Applications International (SAIC): a provider of engineering and IT services to the U.S. government and military. Like Big Bear AI, the company develops technology solutions for the defense sector.
  • C3.ai (AI): a leading provider of AI software for businesses. It is developing AI solutions for the commercial sector as well as Big Bear AI.
  • American Software (AMSWA): a provider of supply chain management software. It is developing data analysis solutions in the commercial sector as well as Big Bear AI.

These companies operate in similar markets to Big Bear AI and are competitors in providing AI technology and data analysis solutions.

What is the size and growth potential of the industry to which Big Bear AI (BBAI) belongs?

The artificial intelligence (AI) industry, of which Big Bear AI is a part, has experienced rapid growth in recent years.
In particular, there is a growing demand for AI technology in the defense and cybersecurity sectors, and Big Bear AI plays an important role in these areas.

Market size and growth potential of the AI industry

The global AI market is valued at approximately $136.1 billion in 2022,Projected to reach $1,591.1 billion by 2030The company has been
This is,The compound annual growth rate (CAGR) of 38.11 TP3T is astounding.

This growth has been fueled by technological innovations in data analysis, machine learning, and natural language processing, which have led to the adoption of AI in a variety of industries.

Demand for AI in the Defense Sector

In the defense sector, the use of AI technology is directly linked to the enhancement of national security.
Big Bear AI has a major production contract with the U.S. Army for $165.2 million in November 2024 to provide AI-based decision support systems.
These contracts are evidence that the company's technical capabilities and reliability are highly regarded.

AI Applications in the Cyber Security Field

In the field of cybersecurity, AI has also become an indispensable tool for threat detection and risk management.
Big Bear AI is,The company provides AI-based cybersecurity solutions to protect the digital assets of businesses and government agencies.
The company is contributing to the strengthening of security systems in response to increasingly sophisticated and sophisticated cyber-attacks.

The company is expected to leverage its strengths in these areas to continue strengthening its market position.

What are the differentiating factors and advantages of Big Bear AI (BBAI) over the competition?

Big Bear AI has established a competitive advantage, especially in the defense and logistics sectors.

Competitive differentiators

Specialization in defense and logistics

Big Bear AI provides AI solutions with a focus on defense, intelligence, and cybersecurity.
The U.S. government is modernizing its military forces and integrating AI into national security operations, and demand for the company's technology is rising to meet this trend.
Through contracts with the Department of Defense (DoD) and the Department of Homeland Security, the company develops and provides predictive analytics, logistics optimization, and threat detection systems.

Advanced security standards and regulatory compliance

The company has technology that meets strict regulatory and security requirements for government agencies, which is a unique advantage that other AI companies do not have.
In particular, the company's track record in the defense and national security sectors confirms its reliability and high security standards.

Leveraging Edge AI Technology

Big Bear AI's strength is its edge AI technology that enables real-time data processing and decision support.
Unlike cloud-based AI, highly accurate data analysis is possible in environments that require immediacy and connectivity. Smooth operation in defense and supply chain domains.

competitive edge

Strong relationship with the U.S. government

Big Bear AI has secured a stable revenue stream from the U.S. Department of Defense and Air Force, strengthening its presence in the defense sector. Its strong relationship with the government is a testament to the company's reliability and track record.

In-depth knowledge and experience in your area of expertise

By specializing in defense and logistics, the company has accumulated extensive experience and expertise in these industries. This expertise enables the company to provide high-quality services, giving it a competitive advantage over its competitors.

Strategic Partnership with Palantir

Big Bear AI has entered into a strategic partnership with Palantir, a leading company in the field of data analytics. This will integrate Big Bear AI's AI technology with Palantir's next-generation operating platform to enable more advanced decision support.
This partnership is an important element in strengthening the company's product lineup and improving its competitiveness in the market.

Focus on Defense and National Security Sector

Big Bear AI is advancing the use of AI in military and national security applications.
Rising global tensions have led to an expansion of defense budgets, increasing demand for the company's AI-driven solutions. As a company at the core of the government's AI transformation, the company is expected to grow in the future.

Such expertise and technical capabilities of the company are expected to become increasingly important.

Performance of Big Bear AI (BBAI)

Big Bear AI's (BBAI) financial year ends on December 31.
The quarterly schedule of financial results announcements is as follows

  • First Quarter ResultsEarly May
  • Second Quarter Financial ResultsEarly August
  • Third Quarter ResultsEarly Nov.
  • Fourth Quarter and Full Year ResultsMid-March of the following year

We will not discuss the performance of Big Bear AI (BBAI), as it is not profitable.

Big Bear AI (BBAI) Stock Price

View the current real-time stock price chart (TradingView) for Big Bear AI (BBAI).

The chart shows the Relative Strength Index (RSI). Reference as an indicator of market overheating.

*An overbought indicator when the RSI exceeds 70% to 80%, and conversely, an oversold indicator when the RSI falls below 20% to 30%.

What are the future lives and prospects of Big Bear AI (BBAI)?

Big Bear AI is expected to develop in the future as the market grows.
Particular attention will be paid to expanding government contracts, entering new markets, developing technology, and improving financial conditions.

Expansion of government contracts

Big Bear AI has strengthened its relationship with the U.S. Department of Defense (DoD) and has been awarded a contract to develop a prototype of its AI-based threat detection system, VANE.
By this,AI technology is increasingly valued in the field of national defense and is expected to continue to play an active role in government-related projects.

In addition, new contracts with the Department of Defense and the Department of Homeland Security for predictive analytics, logistics optimization, and threat detection systems are expected to expand the company's share of the national security-related AI market.

Entering the Commercial Sector

In addition to the defense sector, Big Bear AI is also aggressively entering the commercial market.
In August 2024, the company signed a contract with Heathrow Airport to implement an AI-based image-based anomaly detection and threat detection system. With this, the company is increasing its presence in the airport and logistics industry.

Also,Expanding growth opportunities by broadening the scope of AI applications, including in the areas of manufacturing and warehouse operations, healthcare, and financeThe company is doing so.

AI Market Growth and Technology Development

The expansion of the overall AI market is also driving the growth of Big Bear AI.
The BlackRock Investment Institute reports a surge in AI-related investments by major technology companies,Approximately $325 billion projected to be invested in AI infrastructure by 2025The company has been
This market trend is a factor that will expand the company's business opportunities.

Big Bear AI itself is continuously investing in research and development of AI/ML technology to strengthen its competitiveness.
The company focuses on developing edge AI technologies that enable real-time data processing and decision support, increasing its competitive advantage in government and commercial markets.

Financial Condition and Stock Price Trends

The 2025 forecast calls for sales of $193M, up $14% from the previous year, with adjusted EBITDA expected to turn into a $5M surplus,Profitability and financial health are improving.

Future Outlook

Big Bear AI aims to achieve sustainable growth by expanding its AI solution offerings in government and commercial markets, developing technologies and entering new markets.
Particularly,The need for AI applications is growing in fields such as national defense, logistics, finance, and healthcare, and the company's expertise and technological capabilities will be key factors in supporting future market expansion.

In general, Big Bear AI is poised for long-term growth by accelerating the adoption of AI in national security and commercial markets. However, given the volatility of the stock price and the competitive environment, investors should carefully evaluate risk and return.

Big Bear AI (BBAI) Q3 2024 Financial Summary

Date of announcement: 24/11/06

Sales and Revenues

  • Net salesUS$41.5 million (vs. same period of the previous year)22.11 TP3T increase)
  • gross margin ratio25.91 TP3T (improved from 24.71 TP3T in the same period of the previous year)
  • Order backlogUS$437 million (up from the same period of the previous year)

grace (of God, Buddha, etc.)

  • GAAP net loss(-$12.2 million (from net income of $3.99 million in the same period of the previous year to a loss)
  • Non-GAAP Adjusted EBITDA: $900,000 (improved from $200,000 in the same period of the previous year)
  • operating expenses:
    • Selling, general and administrative expenses (SG&A): $17.5M (+12.5% YoY)
    • Research and development (R&D) expenses: $3.8 million (-$349,000 in the same period last year)

Cash Flow and Financial Condition

  • Operating Cash Flow($(1.9) million ($(6.58) million in the same period of the previous year)
  • Cash and cash equivalentsUS$65.6 million (down from US$72.26 million in the previous quarter)
  • total liabilitiesUS$255.65 million (up from the same period of the previous year)

Business Progress

  1. Awarded contract with U.S. Army
    • He was awarded a five-year, $165 million contract,Production contract for the U.S. Army's Global Force Information Management System (GFIM-OE)Progression of
    • Integrated 15 existing military systems to provide a data-driven force management platform
  2. Demonstration of the AI orchestration platform "ConductorOS
    • U.S. Department of Defense (DoD) RDER T-REX24-2 EventConductorOS" demonstration tests were conducted at
    • U.S. Navy's "MAPG" ExerciseBut the same platform's capabilities are demonstrated
  3. New introduction for the airline industry
    • Biometric boarding system "veriScan" introduced at Denver International Airport (DEN)
    • System deployed at 14 international gates, affecting more than 46,600 passengers
  4. Joint contract with the Federal Aviation Administration (FAA)
    • Support the FAA's IT infrastructure through the IT Strategic Procurement Contract (ITIPSS)
    • Selected for multi-company IDIQ contract with a 10-year, $2.4 billion contract framework

Future Guidance

  • Sales forecast for full year 2024: $165 million to $180 million
  • Increased contracts with the U.S. Department of Defense contributed to stabilization of revenues
  • Expand analysis and decision-making platform using ConductorOS and AI
  • Enhanced AI operations automation services for aviation, logistics, and government
  • Continue additional capital raising and cost reduction measures

Big Bear.ai accelerated the deployment of AI solutions for the U.S. government, particularly increasing contracts with the U.S. Army, U.S. Navy, and Federal Aviation Administration (FAA).
Sales growth is strong, but net income fell into the red; the company is strengthening its business with government agencies and the aviation industry by increasing the adoption of its AI orchestration platform, ConductorOS.
Full-year 2024 sales are expected to continue to grow, with full-year sales of $165 million to $180 million projected.

What brokerage firms can I buy shares of Big Bear AI (BBAI)?

The following is a list of major brokerages that offer shares of Big Bear AI (BBAI). At these brokerages, you can choose to invest in the stock directly as a foreign stock or as a CFD (Contract for Difference).

Some stocks handled may not be available for purchase. In such cases, CFDs may be used at Saxo Bank Securities or IG Securities.

Popular Brokerage Firmsstock tradingCFD Trading
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Saxo Bank SecuritiesFat.Fat.
IG SecuritiesFat.
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moomoo SecuritiesFat.
Major brokerage firms offering shares of Big Bear AI (BBAI)

summary

ビッグベアAI(BBAI)の事業内容や独自の強み、競争優位性、将来性について詳しく掘りさげてきました。

Big Bear AI is a growing company that provides innovative solutions using AI technology.

With a proven track record in military and aeronautics, strong government relationships, andPalantir Technologies, Inc.We are increasing our presence in the AI market on the strength of our strategic partnership with

However, profitability and financial soundness remain issues that require attention, but as a company with attractive business themes and growth potential, we expect to see further progress in the future.

 

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