Financial Snapshot

Revenue
$241.6M
TTM
Gross Margin
66.18%
TTM
Net Earnings
-$30.70M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
109.07%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$523.5M
Q3 2024
Book Value
$394.1M
Q3 2024
Cash
Q3 2024
P/E
-128.8
Nov 29, 2024 EST
Free Cash Flow
-$31.46M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $223.8M $148.5M $124.3M $128.5M $131.7M $130.1M $112.7M $96.86M $90.49M $90.06M $82.71M $76.32M $72.83M $67.94M
YoY Change 50.71% 19.48% -3.26% -2.45% 1.23% 15.49% 16.31% 7.04% 0.47% 8.89% 8.38% 4.79% 7.19%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $223.8M $148.5M $124.3M $128.5M $131.7M $130.1M $112.7M $96.86M $90.49M $90.06M $82.71M $76.32M $72.83M $67.94M
Cost Of Revenue $69.47M $65.02M $51.96M $48.68M $53.64M $52.09M $37.02M $31.91M $30.62M $29.67M $30.21M $30.07M $37.86M $31.17M
Gross Profit $154.3M $83.48M $72.33M $79.81M $78.08M $78.02M $75.64M $64.95M $59.88M $60.40M $52.50M $46.25M $34.96M $36.77M
Gross Profit Margin 68.96% 56.22% 58.19% 62.11% 59.28% 59.97% 67.14% 67.06% 66.17% 67.06% 63.48% 60.6% 48.01% 54.12%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Selling, General & Admin $43.46M $44.10M $41.36M $41.74M $45.23M $55.44M $38.76M $40.56M $37.42M $33.52M $29.89M $27.50M $33.82M $41.83M
YoY Change -1.46% 6.64% -0.91% -7.73% -18.42% 43.05% -4.44% 8.39% 11.63% 12.15% 8.7% -18.7% -19.15%
% of Gross Profit 28.16% 52.83% 57.18% 52.3% 57.93% 71.06% 51.24% 62.44% 62.49% 55.5% 56.93% 59.45% 96.73% 113.76%
Research & Development $1.400M $500.0K $1.000M $1.900M $3.200M $2.700M $3.800M $2.100M $1.900M $500.0K $600.0K $300.0K $1.900M $3.700M
YoY Change 180.0% -50.0% -47.37% -40.63% 18.52% -28.95% 80.95% 10.53% 280.0% -16.67% 100.0% -84.21% -48.65%
% of Gross Profit 0.91% 0.6% 1.38% 2.38% 4.1% 3.46% 5.02% 3.23% 3.17% 0.83% 1.14% 0.65% 5.43% 10.06%
Depreciation & Amortization $87.21M $85.48M $84.23M $84.85M $83.58M $81.78M $77.20M $76.96M $76.71M $84.80M $89.83M $67.29M $46.95M $24.44M $21.86M $26.96M $13.14M $6.680M $3.040M $1.960M
YoY Change 2.03% 1.48% -0.74% 1.53% 2.2% 5.94% 0.31% 0.32% -9.54% -5.6% 33.5% 43.31% 92.15% 11.78% -18.92% 105.18% 96.71% 119.74% 55.1% -93.8%
% of Gross Profit 56.51% 102.38% 116.44% 106.32% 107.03% 104.81% 102.06% 118.49% 128.12% 140.41% 171.1% 145.5% 134.29% 66.46%
Operating Expenses $44.86M $44.60M $42.36M $43.64M $48.43M $58.14M $42.56M $42.66M $39.32M $34.02M $30.49M $27.80M $35.72M $45.53M
YoY Change 0.57% 5.3% -2.93% -9.9% -16.7% 36.62% -0.23% 8.5% 15.57% 11.58% 9.68% -22.18% -21.54%
Operating Profit -$165.0K -$221.0M -$65.50M -$59.16M -$64.05M -$47.38M -$68.45M -$63.25M -$66.60M -$95.90M -$87.40M -$94.99M -$73.24M -$59.77M
YoY Change -99.93% 237.43% 10.72% -7.62% 35.18% -30.78% 8.21% -5.03% -30.54% 9.72% -8.0% 29.71% 22.53%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Interest Expense -$14.61M -$30.17M -$43.54M -$48.43M -$62.46M -$43.61M -$34.77M -$35.95M -$35.85M -$43.23M -$67.83M -$21.49M -$4.809M
YoY Change -51.57% -30.71% -10.1% -22.47% 43.23% 25.43% -3.28% 0.27% -17.07% -36.26% 215.68% 346.79%
% of Operating Profit
Other Income/Expense, Net -$23.43M -$35.81M -$47.42M -$49.81M $79.92M $40.99M -$20.44M -$75.94M $140.3M -$366.1M -$502.6M -$16.79M $18.20M -$37.30M
YoY Change -34.58% -24.48% -4.8% -162.33% 94.97% -300.55% -73.09% -154.12% -138.33% -27.16% 2892.98% -192.25% -148.8%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Pretax Income -$23.60M -$256.8M -$112.9M -$109.0M $15.87M $28.70M -$60.96M -$103.5M $109.4M -$461.3M -$585.8M -$105.7M -$46.39M -$90.87M
YoY Change -90.81% 127.45% 3.62% -786.73% -44.71% -147.08% -41.09% -194.59% -123.72% -21.26% 454.1% 127.91% -48.95%
Income Tax $1.123M $73.00K -$299.0K $662.0K $545.0K $125.0K $190.0K -$6.543M $1.392M $881.0K $1.138M $413.0K -$109.0K $396.0K
% Of Pretax Income 3.43% 0.44% 1.27%
Net Earnings -$24.72M -$256.9M -$112.6M -$109.6M $15.32M -$6.516M -$89.07M -$132.6M $72.32M -$462.9M -$591.1M -$112.2M -$54.92M -$97.47M
YoY Change -90.38% 128.12% 2.72% -815.47% -335.17% -92.68% -32.85% -283.41% -115.62% -21.7% 426.85% 104.28% -43.65%
Net Earnings / Revenue -11.04% -173.0% -90.61% -85.33% 11.63% -5.01% -79.06% -136.94% 79.92% -513.93% -714.68% -147.01% -75.42% -143.46%
Basic Earnings Per Share -$0.02 -$0.14 -$0.06 -$0.07 $0.01 -$0.01 -$0.08 -$0.12 $0.07 -$0.50 -$0.96 -$0.29 -$0.18 -$0.34
Diluted Earnings Per Share -$0.02 -$0.14 -$0.06 -$0.07 -$0.07 -$0.01 -$0.08 -$0.12 $0.07 -$0.50 -$0.96 -$0.29 -$0.18 -$0.34

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Cash & Short-Term Investments $56.74M $32.08M $14.30M $13.33M $7.606M $15.21M $41.64M $10.23M $7.476M $7.121M $17.40M $11.80M $10.00M $33.00M $67.90M $12.40M $37.60M $43.70M $20.30M $13.30M
YoY Change 76.87% 124.29% 7.31% 75.26% -50.0% -63.47% 307.08% 36.84% 4.99% -59.07% 47.46% 18.0% -69.7% -51.4% 447.58% -67.02% -13.96% 115.27% 52.63%
Cash & Equivalents $56.74M $32.08M $14.30M $13.33M $7.606M $15.21M $41.64M $10.23M $7.476M $7.121M $17.40M $11.80M $10.00M $33.00M $67.90M $12.40M $37.60M $43.70M $20.30M $13.30M
Short-Term Investments
Other Short-Term Assets $22.58M $13.57M $19.56M $19.27M $17.55M $73.69M $70.38M $4.588M $4.456M $7.748M $16.50M $86.60M $5.300M $7.200M $14.70M $14.90M $14.30M $19.50M $17.70M $10.50M
YoY Change 66.44% -30.62% 1.47% 9.8% -76.18% 4.7% 1434.0% 2.96% -42.49% -53.04% -80.95% 1533.96% -26.39% -51.02% -1.34% 4.2% -26.67% 10.17% 68.57%
Inventory $14.58M $9.264M $13.83M $13.74M $16.34M $14.27M $7.273M $8.093M $12.02M $14.73M $31.80M $42.20M $41.80M $55.60M $61.70M $55.10M $54.90M $33.80M $17.60M $7.700M
Prepaid Expenses
Receivables $48.74M $26.33M $21.18M $22.15M $21.76M $19.33M $17.11M $15.22M $14.54M $15.02M $15.70M $13.90M $12.40M $13.70M $9.400M $10.10M $12.40M $19.50M $21.70M $9.300M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $13.00M $4.200M
Total Short-Term Assets $142.7M $81.24M $68.87M $68.49M $63.26M $122.5M $136.4M $38.13M $38.49M $44.81M $81.40M $154.5M $69.50M $109.4M $153.7M $92.40M $119.2M $116.6M $90.20M $45.10M
YoY Change 75.59% 17.96% 0.56% 8.26% -48.36% -10.2% 257.75% -0.94% -14.11% -44.95% -47.31% 122.3% -36.47% -28.82% 66.34% -22.48% 2.23% 29.27% 100.0%
Property, Plant & Equipment $658.2M $591.2M $704.2M $730.3M $815.8M $882.7M $971.1M $1.040B $1.078B $1.114B $1.170B $1.215B $1.218B $1.151B $964.9M $642.3M $290.1M $136.7M $21.30M $12.80M
YoY Change 11.32% -16.04% -3.58% -10.48% -7.58% -9.11% -6.6% -3.51% -3.23% -4.81% -3.74% -0.21% 5.84% 19.24% 50.23% 121.41% 112.22% 541.78% 66.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $240.0K $1.589M $2.089M
YoY Change -84.9% -23.93%
Other Assets $24.33M $128.7M $8.085M $57.78M $57.27M $0.00 $37.98M $46.85M $114.5M $114.5M $26.10M $109.4M $103.6M $110.1M $73.60M $103.7M $78.40M $1.100M $5.000M
YoY Change -81.1% 1492.38% -86.01% 0.89% -100.0% -18.93% -59.09% 0.03% 338.7% -76.14% 5.6% -5.9% 49.59% -29.03% 32.27% 7027.27% -78.0%
Total Long-Term Assets $781.7M $752.2M $745.2M $819.6M $902.3M $923.0M $992.9M $1.094B $1.137B $1.224B $1.291B $1.249B $1.351B $1.277B $1.113B $715.8M $393.8M $215.1M $23.30M $18.80M
YoY Change 3.92% 0.93% -9.07% -9.17% -2.24% -7.04% -9.29% -3.7% -7.12% -5.23% 3.35% -7.52% 5.75% 14.78% 55.48% 81.77% 83.08% 823.18% 23.94%
Total Assets $924.3M $833.4M $814.1M $888.1M $965.6M $1.045B $1.129B $1.133B $1.175B $1.268B $1.373B $1.404B $1.420B $1.387B $1.267B $808.2M $513.0M $331.7M $113.5M $63.90M
YoY Change
Accounts Payable $2.027M $3.843M $6.247M $2.917M $8.015M $6.995M $6.048M $7.499M $8.118M $6.922M $14.60M $35.70M $47.80M $26.40M $76.70M $28.40M $8.400M $11.50M $4.200M $1.400M
YoY Change -47.25% -38.48% 114.16% -63.61% 14.58% 15.66% -19.35% -7.63% 17.28% -52.59% -59.1% -25.31% 81.06% -65.58% 170.07% 238.1% -26.96% 173.81% 200.0%
Accrued Expenses $80.86M $53.20M $23.59M $19.35M $19.06M $18.28M $37.23M $37.71M $38.34M $43.65M $46.80M $51.30M $28.80M $48.00M $30.50M $30.00M $17.70M $17.20M $11.50M $8.100M
YoY Change 52.0% 125.54% 21.87% 1.57% 4.22% -50.89% -1.27% -1.66% -12.16% -6.73% -8.77% 78.13% -40.0% 57.38% 1.67% 69.49% 2.91% 49.57% 41.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $34.60M $16.00K $6.000K $58.84M $68.00K $96.25M $79.22M $75.76M $32.84M $6.450M $4.000M $655.9M $0.00 $2.300M $33.60M $0.00 $300.0K $300.0K $1.100M
YoY Change 216150.0% 166.67% -99.99% 86422.06% -99.93% 21.5% 4.57% 130.71% 409.07% 61.25% -99.39% -93.15% -100.0% 0.0% -72.73%
Total Short-Term Liabilities $175.9M $197.1M $61.57M $114.2M $63.06M $159.7M $160.3M $172.5M $107.0M $79.24M $140.0M $761.2M $91.60M $91.20M $129.9M $114.6M $46.90M $59.70M $36.10M $16.20M
YoY Change -10.74% 220.11% -46.1% 81.12% -60.51% -0.4% -7.04% 61.12% 35.07% -43.4% -81.61% 731.0% 0.44% -29.79% 13.35% 144.35% -21.44% 65.37% 122.84%
Long-Term Debt $325.7M $132.2M $237.9M $326.6M $464.2M $367.3M $434.8M $500.6M $548.4M $623.6M $665.2M $95.20M $723.9M $664.5M $463.6M $238.3M $50.00M $400.0K $600.0K $3.300M
YoY Change 146.4% -44.44% -27.15% -29.64% 26.39% -15.53% -13.15% -8.71% -12.07% -6.25% 598.74% -86.85% 8.94% 43.33% 94.54% 376.6% 12400.0% -33.33% -81.82%
Other Long-Term Liabilities $43.39M $189.0M $148.9M $23.46M $30.60M $159.6M $242.9M $297.7M $282.5M $486.6M $450.6M $52.90M $71.10M $95.60M $77.40M $18.50M $10.50M $10.90M $5.300M $4.000M
YoY Change -77.05% 26.98% 534.53% -23.32% -80.83% -34.31% -18.41% 5.4% -41.95% 7.99% 751.8% -25.6% -25.63% 23.51% 318.38% 76.19% -3.67% 105.66% 32.5%
Total Long-Term Liabilities $369.1M $321.2M $386.8M $350.1M $494.8M $526.9M $677.7M $798.3M $830.9M $1.110B $1.116B $148.1M $795.0M $760.1M $541.0M $256.8M $60.50M $11.30M $5.900M $7.300M
YoY Change 14.9% -16.96% 10.5% -29.25% -6.09% -22.26% -15.11% -3.91% -25.17% -0.5% 653.41% -81.37% 4.59% 40.5% 110.67% 324.46% 435.4% 91.53% -19.18%
Total Liabilities $545.3M $518.6M $448.7M $465.0M $558.2M $686.5M $838.0M $970.8M $937.9M $1.190B $1.256B $909.2M $886.6M $851.4M $670.8M $371.5M $107.4M $71.00M $42.10M $23.50M
YoY Change 5.15% 15.59% -3.52% -16.7% -18.69% -18.08% -13.67% 3.51% -21.15% -5.29% 38.13% 2.55% 4.13% 26.92% 80.57% 245.9% 51.27% 68.65% 79.15%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.9551 Billion

About Globalstar, Inc.

Globalstar, Inc. engages in the provision of mobile satellite services. The company is headquartered in Covington, Louisiana and currently employs 348 full-time employees. The company went IPO on 2006-11-02. The firm provides mobile satellite services, including voice and data communications services, as well as wholesale capacity services through its global satellite network. The company offers these services over its network of in-orbit satellites and ground stations (gateways) pursuant to its spectrum licenses (collectively, Globalstar System). Its communications services include two-way voice communication and data transmissions via its GSP-1600 and GSP-1700 phone; one-way or two-way communication and data transmissions using mobile devices, including its SPOT family of products; one-way data transmissions using a mobile or fixed device that transmits its location and other information to a central monitoring station; satellite network access and related services utilizing its satellite spectrum and network of satellites and gateways, and engineering and other communication services using the Globalstar System.

Industry: Communications Services, NEC Peers: Anterix Inc. AST SpaceMobile, Inc. Bandwidth Inc. Lumen Technologies, Inc. Charge Enterprises, Inc. COGENT COMMUNICATIONS HOLDINGS, INC. EchoStar CORP Iridium Communications Inc. Liberty Latin America Ltd.