At Starry, we believe the future is built on connectivity and that connecting people and communities to high-speed, broadband internet should be simple and affordable. Using our innovative, wideband hybrid-fiber fixed wireless technology, Starry is deploying gigabit capable broadband to the home without bundles, data caps, or long-term contracts. Starry is a different kind of internet service provider. We’re building a platform for the future by putting our customers first, protecting their privacy, ensuring access to an open and neutral net, and making affordable connectivity and digital equity a priority. Headquartered in Boston, Starry is currently available in Boston, New York City, Los Angeles, Washington, DC, and Denver. To learn more about Starry or to join our team and help us build a better internet, visit: https://starry.com.
Company profile
Ticker
STRYQ, STYWQ
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Starry Holdings, Inc.
SEC CIK
Latest filings (excl ownership)
424B3
Prospectus supplement
24 Feb 23
8-K
In the United States Bankruptcy Court for the District of Delaware
24 Feb 23
424B3
Prospectus supplement
21 Feb 23
8-K
Entry into a Material Definitive Agreement
21 Feb 23
424B3
Prospectus supplement
2 Feb 23
8-K
Entry into a Material Definitive Agreement
2 Feb 23
424B3
Prospectus supplement
31 Jan 23
8-K
Starry Announces Intention to Depart Columbus Market
31 Jan 23
424B3
Prospectus supplement
18 Jan 23
8-K
Cost Associated with Exit or Disposal Activities
18 Jan 23
Transcripts
Latest ownership filings
SC 13G/A
FMR LLC
10 Jan 23
SC 13G/A
TIGER GLOBAL MANAGEMENT LLC
8 Dec 22
4
Charles P Coleman III
6 Dec 22
4
Charles P Coleman III
1 Dec 22
4
Charles P Coleman III
28 Nov 22
4
Charles P Coleman III
22 Nov 22
3
Michael Pasciak
22 Nov 22
4
Charles P Coleman III
17 Nov 22
4
Charles P Coleman III
11 Oct 22
4
Charles P Coleman III
5 Oct 22
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 47.97 mm | 47.97 mm | 47.97 mm | 47.97 mm | 47.97 mm | 47.97 mm |
Cash burn (monthly) | 17.70 mm | 10.01 mm | 20.70 mm | 12.68 mm | 20.10 mm | 9.92 mm |
Cash used (since last report) | 333.63 mm | 188.68 mm | 390.20 mm | 239.01 mm | 378.98 mm | 186.95 mm |
Cash remaining | -285.66 mm | -140.71 mm | -342.24 mm | -191.04 mm | -331.02 mm | -138.99 mm |
Runway (months of cash) | -16.1 | -14.1 | -16.5 | -15.1 | -16.5 | -14.0 |
Institutional ownership, Q4 2022
16.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 1 |
Closed positions | 59 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 139.92 mm |
Total shares | 25.26 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
FirstMark Horizon Sponsor | 15.19 mm | $139.92 mm |
PWR Quanta Services | 10.06 mm | $0.00 |
Rockefeller Capital Management | 1.00 k | $0.00 |
Tiger Global Management | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Dec 22 | Tiger Global Management | Class A Common Stock | Sell | Dispose S | Yes | No | 0.1634 | 146 | 23.86 | 6,386 |
5 Dec 22 | Tiger Global Management | Class A Common Stock | Sell | Dispose S | No | No | 0.1634 | 354,139 | 57.87 k | 15,501,221 |
2 Dec 22 | Tiger Global Management | Class A Common Stock | Sell | Dispose S | Yes | No | 0.1802 | 48 | 8.65 | 6,532 |
2 Dec 22 | Tiger Global Management | Class A Common Stock par value $.0001 (Class A Common Stock) | Sell | Dispose S | No | No | 0.1802 | 115,754 | 20.86 k | 15,855,360 |
1 Dec 22 | Tiger Global Management | Class A Common Stock | Sell | Dispose S | Yes | No | 0.1902 | 17 | 3.23 | 6,580 |
1 Dec 22 | Tiger Global Management | Class A Common Stock | Sell | Dispose S | No | No | 0.1902 | 42,049 | 8.00 k | 15,971,114 |
30 Nov 22 | Tiger Global Management | Class A Common Stock | Sell | Dispose S | Yes | No | 0.1905 | 35 | 6.67 | 6,597 |
30 Nov 22 | Tiger Global Management | Class A Common Stock | Sell | Dispose S | No | No | 0.1905 | 83,730 | 15.95 k | 16,013,163 |
29 Nov 22 | Tiger Global Management | Class A Common Stock | Sell | Dispose S | Yes | No | 0.191 | 87 | 16.62 | 6,632 |
29 Nov 22 | Tiger Global Management | Class A Common Stock par value $.0001 (Class A Common Stock) | Sell | Dispose S | No | No | 0.191 | 210,145 | 40.14 k | 16,096,893 |