Telesat CorpTSAT
What Telesat Corp does.
The following discussion of the business of Telesat is qualified by reference to, and should be read in conjunction with, the “Risk Factors” starting on page 8 of this Annual Report.
Telesat is a leading global satellite operator, providing its customers with mission -critical communications services since the start of the satellite communications industry in the 1960s. Through a combination of advanced satellites and ground facilities and a highly expert and dedicated staff, our communications solutions support the requirements of sophisticated satellite users throughout the world. Throughout our lengthy operating history, we have demonstrated a deep commitment to customer service and led the way on many of the industry’s most ground -breaking innovations.
After decades of developing and successfully operating our GEO satellite services business, we are building what we believe will be one of the world’s most advanced constellations of LEO satellites and integrated terrestrial infrastructure, called “Telesat Lightspeed” — a state -of-the-art network designed to provide global broadband connectivity to enterprise and government customers. Telesat Lightspeed has the potential to dramatically increase the Company’s addressable market and significantly expand its growth potential.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $820.5M | $758.2M | $759.2M | $704.2M | $571.0M | $418.0M |
| Net income | $244.8M | $92.5M | -$23.8M | $157.1M | -$87.7M | -$155.4M |
| Free cash flow | $355.4M | $261.8M | $206.8M | $127.1M | -$2.3M | -$73.8M |
More on TSAT.
- Telesat Corp summary
- Telesat Corp financial statements
- Telesat Corp key metrics
- Telesat Corp health scores and style box
- Telesat Corp earnings
- Telesat Corp dividends
- Telesat Corp valuation
- Telesat Corp ownership and insiders
- Telesat Corp peers
Figures from Telesat Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.