GSAT - Globalstar, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$66.00
DETAILS
HIGH:
$70.00
LOW:
$62.00
MEDIAN:
$66.00
CONSENSUS:
$66.00
DOWNSIDE:
20.48%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue | 273.0 | 250.3 | 223.8 | 148.5 | 124.3 | 128.5 | 131.7 | 130.1 | 112.7 | 96.9 | 90.5 | 90.1 | 82.7 | 76.3 | 72.8 | 67.9 | 64.3 | 86.1 | 98.4 | 136.7 | 127.1 | 84.4 | 60.2 | 24.6 | 6.4 |
| Cost of Revenue | 96.1 | 82.8 | 69.5 | 65.0 | 52.0 | 48.7 | 53.6 | 52.1 | 47.8 | 41.8 | 42.4 | 66.2 | 49.6 | 37.9 | 50.0 | 55.2 | 47.0 | 55.5 | 41.6 | 68.5 | 64.2 | 48.6 | 42.1 | 0 | 0 |
| Gross Profit | 176.9 | 167.6 | 154.3 | 83.5 | 72.3 | 79.8 | 78.1 | 78.0 | 64.9 | 55.0 | 48.1 | 23.9 | 33.1 | 38.4 | 22.8 | 12.7 | 17.3 | 30.6 | 56.8 | 68.2 | 63.0 | 35.8 | 18.1 | 24.6 | 6.4 |
| Operating Expenses | |||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0.5 | 1 | 0 | 0 | 1.5 | 3.8 | 2.1 | 1.9 | 0.5 | 0.6 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 74.8 | 79.0 | 63.0 | 44.1 | 41.4 | 41.7 | 45.2 | 55.6 | 39.1 | 41.0 | 37.4 | 33.5 | 29.9 | 34.3 | 42.4 | 41.8 | 49.2 | 61.4 | 49.1 | 43.9 | 37.9 | 0 | 33.8 | 39.1 | 0 |
| Other Expenses | 87.4 | 89.5 | 91.5 | 259.9 | 95.5 | 97.2 | 96.9 | (3.3) | (2.9) | (0.4) | 3.2 | 3.0 | (3.0) | (2.3) | 50.0 | 30.7 | 21.9 | 27.0 | 32.2 | 8.6 | 3.0 | 115.0 | 249.5 | 0 | 0 |
| Operating Expenses | 162.2 | 168.5 | 154.5 | 304.5 | 137.8 | 139.0 | 142.1 | 145.9 | 116.6 | 118.4 | 114.7 | 119.7 | 120.5 | 104.1 | 92.5 | 72.5 | 71.1 | 88.3 | 81.4 | 52.5 | 41.0 | 115.0 | 283.3 | 70.0 | 0 |
| Operating Income | |||||||||||||||||||||||||
| Operating Income | 14.7 | (0.9) | (0.2) | (221.0) | (65.5) | (59.2) | (64.0) | (47.4) | (68.8) | (63.7) | (66.6) | (95.9) | (87.4) | (95.0) | (73.2) | (59.8) | (53.8) | (57.7) | (24.6) | 15.7 | 22.0 | (3.5) | (265.2) | (103.5) | 6.4 |
| Interest Expense | 0 | 13.6 | 14.6 | 30.2 | 43.5 | 48.4 | 62.5 | 43.6 | 34.8 | 36.0 | 35.9 | 43.2 | 67.8 | 21.5 | 4.8 | 5.0 | 6.7 | 6.8 | 9.0 | 0.6 | 0.3 | 1.4 | 1.6 | 46.5 | 381.2 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.4 | 0.5 | 4.7 | 3.2 | 1.2 | 0.2 | 0.1 | 0.0 | 0.1 | 4.5 |
| Profitability | |||||||||||||||||||||||||
| EBITDA | 102.1 | 88.6 | 88.4 | 37.6 | 31.0 | 38.1 | 32.9 | 22.4 | 25.8 | 14.1 | 10.6 | (9.7) | 3.2 | 4.1 | (30.6) | (29.1) | (46.3) | 15.2 | (6.3) | 22.6 | 25.0 | (0.6) | (233.6) | (14.5) | 6.4 |
| EBIT | 14.7 | (0.4) | 0.2 | (56.3) | (65.3) | (58.7) | (62.9) | (67.9) | (51.4) | (62.9) | (66.6) | (95.8) | (87.4) | (65.7) | (69.7) | (92.0) | (68.2) | (60.8) | (24.6) | 15.7 | 22.0 | (79.2) | (265.2) | (45.4) | 6.4 |
| Income Before Tax | (2.8) | (61.0) | (23.6) | (256.8) | (112.9) | (109.0) | 15.9 | (6.4) | (88.9) | (139.2) | 73.7 | (462.0) | (590.0) | (111.8) | (55.0) | (97.1) | (74.9) | (67.5) | (25.1) | 9.6 | 21.2 | (3.9) | (266.3) | (149.9) | (575.6) |
| Income Tax Expense | 5.9 | 2.1 | 1.1 | 0.1 | (0.3) | 0.7 | 0.5 | 0.1 | 0.2 | (6.5) | 1.4 | 0.9 | 1.1 | 0.4 | (0.1) | 0.4 | (0.0) | 0.5 | 2.9 | (14.1) | 2.5 | (4.3) | 0.1 | 0.1 | (0.1) |
| Net Income | (8.7) | (63.2) | (24.7) | (256.9) | (112.6) | (109.6) | 15.3 | (6.5) | (89.1) | (132.6) | 72.3 | (462.9) | (591.1) | (112.2) | (54.9) | (97.5) | (74.9) | (68.0) | (27.9) | 23.6 | 18.7 | 0.4 | (266.4) | (150.0) | (575.5) |
| Per Share Data | |||||||||||||||||||||||||
| EPS (Basic) | -0.15 | -0.59 | -0.20 | -2.10 | -0.90 | -1.00 | 0.01 | -0.01 | -0.08 | -0.12 | 0.07 | -0.50 | -0.96 | -0.29 | -0.18 | -0.34 | -0.52 | -0.79 | -0.36 | 0.37 | 0.30 | 0.01 | -4.28 | -2.41 | -9.24 |
| EPS (Diluted) | -0.15 | -0.59 | -0.20 | -2.10 | -0.90 | -1.00 | 0.01 | -0.01 | -0.08 | -0.12 | 0.07 | -0.50 | -0.96 | -0.29 | -0.18 | -0.34 | -0.52 | -0.79 | -0.36 | 0.37 | 0.30 | 0.01 | -4.26 | -2.40 | -9.19 |
| Shares Outstanding | 126.8 | 125.9 | 183.5 | 180.1 | 176.5 | 164.2 | 145.1 | 127.0 | 111.3 | 106.4 | 102.0 | 92.6 | 61.5 | 38.7 | 29.9 | 28.5 | 14.5 | 8.6 | 7.7 | 6.4 | 6.1 | 6.0 | 6.2 | 6.2 | 6.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||
| Cash & Cash Equivalents | 447.5 | 391.2 | 56.7 | 32.1 | 14.3 | 13.3 | 7.6 | 15.2 | 41.6 | 10.2 | 67.9 | 12.4 | 13.3 | 20.0 | 15.2 | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 20.0 | 27.0 | 48.7 | 26.3 | 21.2 | 22.1 | 21.8 | 19.3 | 17.1 | 15.2 | 9.4 | 10.1 | 13.5 | 0 | 0 | 0 |
| Inventory | 9.6 | 10.7 | 14.6 | 9.3 | 13.8 | 13.7 | 16.3 | 14.3 | 7.3 | 8.1 | 61.7 | 55.1 | 7.7 | 0 | 0 | 0 |
| Other Current Assets | 19.7 | 18.7 | 22.6 | 13.6 | 0 | 3.6 | 0.6 | 60.3 | 63.6 | 4.6 | 0 | 0 | 8.8 | 0 | 0 | 0 |
| Total Current Assets | 496.7 | 447.6 | 142.7 | 81.2 | 68.9 | 68.5 | 63.3 | 122.5 | 136.4 | 38.1 | 153.7 | 92.4 | 45.1 | 20.0 | 15.2 | 0 |
| Non-Current Assets | ||||||||||||||||
| Property, Plant & Equipment | 1,372.2 | 705.5 | 658.2 | 591.2 | 704.2 | 730.3 | 815.8 | 882.7 | 971.1 | 1,039.7 | 961.8 | 636.4 | 12.8 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 30.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 92.3 | 85.2 | 60.7 | 30.5 | 31.0 | 27.5 | 25.2 | 5.2 | 2.0 | 16.8 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 127.3 | 119.0 | 9.2 | 3.6 | 0 | 0 | 2.1 | 2.1 | 2.1 | 38.0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 237.7 | 353.0 | 23.1 | 130.5 | 10.1 | 61.8 | 59.2 | 35.0 | 19.8 | 38.0 | 142.5 | 74.3 | 1.3 | 0 | 0 | 0 |
| Total Non-Current Assets | 1,829.5 | 1,262.6 | 781.7 | 752.2 | 745.2 | 819.6 | 902.3 | 923.0 | 992.9 | 1,094.5 | 1,104.3 | 710.6 | 18.8 | 0 | 0 | 0 |
| Total Assets | 2,326.3 | 1,710.2 | 924.3 | 833.4 | 814.1 | 888.1 | 965.6 | 1,045.5 | 1,129.3 | 1,132.6 | 1,258.0 | 803.0 | 63.9 | 48.2 | 294.4 | 456.4 |
| Current Liabilities | ||||||||||||||||
| Account Payables | 12.4 | 5.0 | 2.0 | 3.8 | 6.2 | 2.9 | 8.0 | 7.0 | 6.0 | 7.5 | 76.7 | 28.4 | 1.4 | 0 | 0 | 0 |
| Short-Term Debt | 39.8 | 34.6 | 34.6 | 59.6 | 0 | 58.8 | 0 | 96.2 | 79.2 | 75.8 | 2.3 | 33.6 | 1.1 | 0 | 0 | 0 |
| Deferred Revenue | 62.0 | 61.2 | 53.7 | 74.6 | 25.9 | 26.0 | 29.9 | 31.9 | 31.7 | 26.5 | 19.9 | 19.4 | 9.4 | 0 | 0 | 0 |
| Other Current Liabilities | 85.3 | 5.2 | 78.3 | 51.3 | 4.7 | 4.3 | 3.5 | 21.5 | 39.4 | 59.5 | 27.1 | 26.6 | 4.3 | 0 | 0 | 0 |
| Total Current Liabilities | 205.5 | 141.5 | 175.9 | 197.1 | 61.6 | 114.2 | 63.1 | 159.7 | 160.3 | 172.4 | 129.9 | 114.6 | 16.2 | 0 | 0 | 0 |
| Non-Current Liabilities | ||||||||||||||||
| Long-Term Debt | 452.0 | 476.8 | 325.7 | 132.1 | 237.9 | 326.6 | 464.2 | 367.2 | 434.7 | 500.5 | 463.6 | 238.3 | 3.3 | 3,426.3 | 3,425.9 | 0 |
| Deferred Tax Liabilities | 1.0 | 0.7 | 0.3 | 0.3 | 0.3 | 1.2 | 0.4 | 152.2 | 232.8 | 288.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 450.6 | 417.9 | 10.9 | 3.7 | 7.6 | 6.0 | 10.6 | 153.9 | 236.9 | 291.9 | 77.4 | 41.6 | 4.0 | (3,426.3) | (3,425.9) | 0 |
| Total Non-Current Liabilities | 1,765.0 | 1,209.9 | 369.4 | 321.5 | 387.1 | 350.8 | 495.2 | 526.9 | 677.7 | 798.3 | 541.0 | 280.0 | 7.3 | 3,426.3 | 3,425.9 | 0 |
| Total Liabilities | 1,970.5 | 1,351.4 | 545.3 | 518.6 | 448.7 | 465.0 | 558.2 | 686.5 | 838.0 | 970.8 | 670.8 | 394.6 | 23.5 | 3,463.4 | 3,445.0 | 3,454.1 |
| Stockholders' Equity | ||||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 0 |
| Retained Earnings | (2,136.8) | (2,128.1) | (2,065.0) | (2,040.3) | (1,783.3) | (1,670.7) | (1,559.4) | (1,574.7) | (1,571.3) | (1,482.2) | (95.7) | (73.6) | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 3.3 | 13.5 | 5.1 | 9.2 | 1.9 | (2.9) | (3.4) | (3.8) | (6.9) | (5.4) | (1.7) | (6.3) | (1.1) | 0 | 0 | 0 |
| Total Stockholders' Equity | 355.7 | 358.9 | 379.0 | 314.8 | 365.4 | 423.1 | 407.3 | 358.9 | 291.2 | 161.8 | 587.1 | 408.4 | 40.4 | (3,415.2) | (3,150.6) | (2,997.8) |
| Total Liabilities & Equity | 2,326.3 | 1,710.2 | 924.3 | 833.4 | 814.1 | 888.1 | 965.6 | 1,045.5 | 1,129.3 | 1,132.6 | 1,258.0 | 803.0 | 63.9 | 48.2 | 294.4 | 456.4 |
| Debt Metrics | ||||||||||||||||
| Total Debt | 546.3 | 541.9 | 392.5 | 222.1 | 269.7 | 400.5 | 480.6 | 463.5 | 514.0 | 576.4 | 465.8 | 295.1 | 4.4 | 3,426.3 | 3,425.9 | 0 |
| Net Debt | 98.9 | 150.8 | 335.8 | 190.0 | 255.4 | 387.1 | 473.0 | 448.3 | 472.4 | 566.1 | 397.9 | 282.7 | (9.0) | 3,406.3 | 3,410.7 | 0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Net Income | (19.3) | (63.2) | (24.7) | (256.9) | (112.6) | (109.6) | 15.3 | (6.5) | (89.1) | (132.6) | 18.7 | 0.4 |
| Depreciation & Amortization | 87.4 | 89.0 | 88.2 | 93.9 | 96.2 | 101.1 | 95.8 | 90.4 | 77.5 | 77.4 | 3.0 | 2.0 |
| Stock-Based Compensation | 23.4 | 35.5 | 22.5 | 10.8 | 6.7 | 5.9 | 5.7 | 7.0 | 5.1 | 4.9 | 0 | 0 |
| Change in Working Capital | 491.4 | 332.8 | (36.0) | 6.5 | 99.0 | (9.4) | (5.8) | (12.0) | (2.3) | 2.0 | (11.6) | (3.3) |
| Other Non-Cash Items | 38.7 | 45.0 | 24.4 | 209.6 | 37.3 | 32.1 | (107.9) | 3.7 | 34.1 | 63.5 | 0.9 | 0.9 |
| Operating Cash Flow | 621.6 | 439.2 | 74.3 | 63.8 | 131.9 | 22.2 | 3.0 | 5.9 | 13.9 | 8.8 | 13.7 | (4.8) |
| Investing Activities | ||||||||||||
| Capital Expenditure | (544.9) | (118.9) | (166.8) | (40.0) | (45.5) | (7.2) | (8.1) | (10.4) | (9.3) | (11.4) | (9.9) | (3.9) |
| Acquisitions | 0 | 0 | 0 | 0 | 0.3 | 0 | 0 | 0 | 0.5 | 0 | (0.3) | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | (10.0) | (9.9) | 0 | 0 | (7.3) | (6.9) | (7.0) | (11.9) | (13.2) | 0.1 | (0.1) |
| Investing Cash Flow | (550.4) | (260.6) | (175.6) | (40.0) | (45.2) | (14.5) | (11.5) | (17.4) | (20.8) | (24.6) | (10.1) | (4.0) |
| Financing Activities | ||||||||||||
| Net Debt Issuance | (7.5) | (10.2) | 146.5 | (6.3) | (184.4) | 0.5 | (6.0) | (77.9) | (42.8) | (32.8) | (1.3) | (5) |
| Stock Repurchased | 0 | 0 | (0.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (10.6) | (10.6) | (11.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | (8.6) | (0.6) | 0.5 | 0 | (6.2) | (0.3) | (54.4) | 0 | 4.2 | 7 |
| Financing Cash Flow | (16.2) | 157.2 | 125.8 | (6.0) | (140.3) | 1.2 | (7.9) | (18.2) | 63.8 | 18.5 | 2.9 | 2 |
| Cash Position | ||||||||||||
| Net Change in Cash | 56.3 | 334.4 | 24.7 | 17.8 | (53.7) | 8.9 | (16.4) | (29.8) | 57.1 | 2.8 | 6.9 | (6.7) |
| Cash at Beginning | 391.2 | 56.7 | 32.1 | 14.3 | 68.0 | 59.1 | 75.5 | 105.3 | 48.2 | 7.5 | 13.3 | 20.0 |
| Cash at End | 447.5 | 391.2 | 56.7 | 32.1 | 14.3 | 68.0 | 59.1 | 75.5 | 105.3 | 10.2 | 20.3 | 13.3 |
| Free Cash Flow | 76.8 | 320.3 | (92.5) | 23.8 | 86.3 | 15.0 | (5.1) | (4.4) | 4.5 | (2.6) | 3.8 | (8.8) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||
| Revenue | 273.0 | 250.3 | 223.8 | 148.5 | 124.3 | 128.5 | 131.7 | 130.1 | 112.7 | 96.9 | 90.5 | 90.1 | 82.7 | 76.3 | 72.8 | 67.9 | 64.3 | 86.1 | 98.4 | 136.7 | 127.1 | 84.4 | 60.2 | 24.6 | 6.4 |
| Gross Profit | 176.9 | 167.6 | 154.3 | 83.5 | 72.3 | 79.8 | 78.1 | 78.0 | 64.9 | 55.0 | 48.1 | 23.9 | 33.1 | 38.4 | 22.8 | 12.7 | 17.3 | 30.6 | 56.8 | 68.2 | 63.0 | 35.8 | 18.1 | 24.6 | 6.4 |
| Operating Income | 14.7 | (0.9) | (0.2) | (221.0) | (65.5) | (59.2) | (64.0) | (47.4) | (68.8) | (63.7) | (66.6) | (95.9) | (87.4) | (95.0) | (73.2) | (59.8) | (53.8) | (57.7) | (24.6) | 15.7 | 22.0 | (3.5) | (265.2) | (103.5) | 6.4 |
| Net Income | (8.7) | (63.2) | (24.7) | (256.9) | (112.6) | (109.6) | 15.3 | (6.5) | (89.1) | (132.6) | 72.3 | (462.9) | (591.1) | (112.2) | (54.9) | (97.5) | (74.9) | (68.0) | (27.9) | 23.6 | 18.7 | 0.4 | (266.4) | (150.0) | (575.5) |
| EPS (Diluted) | -0.15 | -0.59 | -0.20 | -2.10 | -0.90 | -1.00 | 0.01 | -0.01 | -0.08 | -0.12 | 0.07 | -0.50 | -0.96 | -0.29 | -0.18 | -0.34 | -0.52 | -0.79 | -0.36 | 0.37 | 0.30 | 0.01 | -4.26 | -2.40 | -9.19 |
| Balance Sheet | |||||||||||||||||||||||||
| Cash & Equivalents | 447.5 | 391.2 | 56.7 | 32.1 | 14.3 | 13.3 | 7.6 | 15.2 | 41.6 | 10.2 | 67.9 | 12.4 | 13.3 | 20.0 | 15.2 | 0 | |||||||||
| Total Assets | 2,326.3 | 1,710.2 | 924.3 | 833.4 | 814.1 | 888.1 | 965.6 | 1,045.5 | 1,129.3 | 1,132.6 | 1,258.0 | 803.0 | 63.9 | 48.2 | 294.4 | 456.4 | |||||||||
| Total Debt | 546.3 | 541.9 | 392.5 | 222.1 | 269.7 | 400.5 | 480.6 | 463.5 | 514.0 | 576.4 | 465.8 | 295.1 | 4.4 | 3,426.3 | 3,425.9 | 0 | |||||||||
| Stockholders' Equity | 355.7 | 358.9 | 379.0 | 314.8 | 365.4 | 423.1 | 407.3 | 358.9 | 291.2 | 161.8 | 587.1 | 408.4 | 40.4 | (3,415.2) | (3,150.6) | (2,997.8) | |||||||||
| Cash Flow | |||||||||||||||||||||||||
| Operating Cash Flow | 621.6 | 439.2 | 74.3 | 63.8 | 131.9 | 22.2 | 3.0 | 5.9 | 13.9 | 8.8 | 13.7 | (4.8) | |||||||||||||
| Capital Expenditure | (544.9) | (118.9) | (166.8) | (40.0) | (45.5) | (7.2) | (8.1) | (10.4) | (9.3) | (11.4) | (9.9) | (3.9) | |||||||||||||
| Free Cash Flow | 76.8 | 320.3 | (92.5) | 23.8 | 86.3 | 15.0 | (5.1) | (4.4) | 4.5 | (2.6) | 3.8 | (8.8) | |||||||||||||