Globalstar (GSAT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
250.3M
Gross Profit
167.6M
66.94%
Operating Income
-393.0K
-0.16%
Net Income
-63.2M
-25.23%
EPS (Diluted)
-$0.59
Balance Sheet Metrics
Total Assets
1.7B
Total Liabilities
1.4B
Shareholders Equity
358.9M
Debt to Equity
3.77
Cash Flow Metrics
Operating Cash Flow
409.4M
Free Cash Flow
320.3M
Revenue & Profitability Trend
Globalstar Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 250.3M | 223.8M | 148.5M | 124.3M | 128.5M |
| Cost of Goods Sold | 82.8M | 69.5M | 65.0M | 52.0M | 48.7M |
| Gross Profit | 167.6M | 154.3M | 83.5M | 72.3M | 79.8M |
| Operating Expenses | 79.0M | 65.9M | 44.1M | 41.4M | 41.7M |
| Operating Income | -393.0K | 198.0K | -54.5M | -65.3M | -58.7M |
| Pre-tax Income | -61.0M | -23.6M | -256.8M | -112.9M | -109.0M |
| Income Tax | 2.1M | 1.1M | 73.0K | -299.0K | 662.0K |
| Net Income | -63.2M | -24.7M | -256.9M | -112.6M | -109.6M |
| EPS (Diluted) | -$0.59 | -$0.02 | -$0.14 | -$0.06 | -$0.07 |
Income Statement Trend
Globalstar Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 447.6M | 142.7M | 81.2M | 68.9M | 68.5M |
| Non-Current Assets | 1.3B | 781.7M | 657.2M | 745.2M | 819.6M |
| Total Assets | 1.7B | 924.3M | 738.5M | 814.1M | 888.1M |
| Liabilities | |||||
| Current Liabilities | 141.5M | 175.9M | 197.1M | 61.6M | 114.2M |
| Non-Current Liabilities | 1.2B | 369.4M | 226.6M | 387.1M | 350.8M |
| Total Liabilities | 1.4B | 545.3M | 423.7M | 448.7M | 465.0M |
| Equity | |||||
| Total Shareholders Equity | 358.9M | 379.0M | 314.8M | 365.4M | 423.1M |
Balance Sheet Composition
Globalstar Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -63.2M | -24.7M | -256.9M | -112.6M | -109.6M |
| Operating Cash Flow | 409.4M | 72.2M | 59.1M | 134.0M | 18.7M |
| Investing Activities | |||||
| Capital Expenditures | -112.1M | -142.8M | -21.1M | -6.0M | -5.2M |
| Investing Cash Flow | -243.8M | -142.8M | -21.1M | -6.0M | -12.5M |
| Financing Activities | |||||
| Dividends Paid | -10.6M | -11.9M | 0 | 0 | - |
| Financing Cash Flow | 157.2M | 125.8M | -6.0M | -327.3M | -2.2M |
| Free Cash Flow | 320.3M | -101.3M | 23.8M | 86.3M | 7.7M |
Cash Flow Trend
Globalstar Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-40.50
Forward P/E
-121.00
Price to Book
8.75
Price to Sales
11.86
PEG Ratio
-0.01
Profitability Ratios
Profit Margin
-26.51%
Operating Margin
-2.44%
Return on Equity
-18.66%
Return on Assets
0.12%
Financial Health
Current Ratio
2.27
Debt to Equity
155.94
Beta
0.86
Per Share Data
EPS (TTM)
-$0.62
Book Value per Share
$2.72
Revenue per Share
$2.01
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| gsat | 3.0B | -40.50 | 8.75 | -18.66% | -26.51% | 155.94 |
| T-Mobile US | 260.9B | 22.42 | 4.28 | 19.35% | 14.41% | 199.15 |
| AT&T | 204.0B | 17.38 | 1.96 | 10.89% | 9.64% | 119.25 |
| Frontier | 9.1B | 262.45 | 1.86 | -7.64% | -6.47% | 238.73 |
| Tim S.A. ADR | 9.3B | 14.91 | 1.90 | 13.87% | 13.33% | 64.59 |
| Millicom | 6.1B | 17.51 | 1.80 | 11.89% | 6.22% | 213.21 |
Financial data is updated regularly. All figures are in the company's reporting currency.