**"SatixFy Soars: 558% Revenue Surge in 2024 Amid Market Expansion and Innovative Launches

SatixFy's Financial Performance in 2024

SatixFy's total operating revenue reached $12,141,000 in 2024, up 558.38% from $1,844,000 in 2023, indicating a significant growth in the company's market competitiveness and business expansion.

Key Financial Data

1. SatixFy's total operating revenue in 2024 was $12,141,000, up 558.38% from $1,844,000 in 2023, showing strong business growth.

2. The possible reasons for the growth include increased market demand, new product launches, optimized sales channels, and improved industry environment.

3. In 2024, SatixFy launched the space-level digital beamforming chip Prime2, with an order amount of $20 million, further enhancing its position in the aerospace communication field.

4. Although the operating revenue in the first quarter of 2024 was $1.9 million, down 20% from 2023, the company's overall performance still showed strong growth potential.

Peer Comparison

1. Industry-wide analysis: The overall operating revenue of the semiconductor and high-tech industry generally increased, benefiting from technological advancements and increased market demand, driving the industry into a growth phase.

2. Peer evaluation analysis: Compared with other companies in the industry, SatixFy's operating revenue growth was significant, demonstrating its competitive advantage in the industry, especially in new product launches and market demand response.

Summary

SatixFy's operating revenue performance in 2024 was very strong, with a significant growth driven by multiple factors. Although there was a short-term decline in revenue in the first quarter, the overall trend is positive, showing the company's competitiveness in the market and potential for growth.

Opportunities

1. With the recovery of the global semiconductor market in 2024, SatixFy can leverage market trends to further expand its market share.

2. The launch of new product Prime2 may attract more customers and bring continuous revenue growth.

3. Through cooperation with other companies, such as SCOTTY Group, SatixFy can enhance the market penetration of its products.

Risks

1. The short-term decline in operating revenue in the first quarter may affect investor confidence.

2. Intensified industry competition may put pressure on SatixFy's future market share and revenue growth.

3. If new products fail to meet market expectations, it may affect the company's performance and stock price performance.