Globalstar, Inc.GSAT

NasdaqMedia & TelecomCommunications Services, NEC
Price (close)
$82.46
Market cap
$10.6B
P/E
—
Revenue (TTM)
$280.6M
Net income
-$54.5M
Dividend yield
—
1-year total return
138.0%
Net margin
-19.4%
Revenue growth
7.7%
Debt / equity
1.23x

What Globalstar, Inc. does.

Through its global satellite network, Globalstar, Inc. (“we,” “us” or the “Company”) provides Mobile Satellite Services (“MSS”), including voice and data communications services to retail, business and governmental customers as well as wholesale satellite capacity services. We offer these services over our network of in-orbit satellites and ground stations (“gateways”) pursuant to our spectrum licenses, which we refer to collectively as the Globalstar System. In addition to supporting Internet of Things ("IoT") data transmissions in a variety of applications, we provide reliable connectivity in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters. By providing global mobile satellite communications services, we aim to meet our customers' increasing desire for connectivity.

Our competitive advantages are leveraged through our ability to deliver communications products and services, wholesale satellite capacity services, government services, and terrestrial spectrum and network solutions. These core competencies are outlined below.

• data transmissions using a mobile or fixed device that transmits the location of the devices and other information to a central monitoring station, including our commercial IoT products ("Commercial IoT");

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$128.5M$124.3M$148.5M$223.8M$250.3M$273.0M
Net income-$109.6M-$112.6M-$256.9M-$24.7M-$63.2M-$8.7M
Free cash flow$17.1M$125.6M$56.7M$67.4M$432.4M$616.1M

More on GSAT.

Figures from Globalstar, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.