GSAT Stock Annual Income Statement. Download in Excel
Globalstar Inc.
GSAT 
NGS
Sector: Communication Services
Industry: Telecom Services
23.38
USD
1.43
(6.51%)
Previous close: 21.95 Open: 22.14 Bid: 23.31 Ask: 23.41
52 week range
15.00 41.10
Mkt Cap: 2,760 M Avg Vol (90 Days): 607,732
Last updated: Tuesday 17th June 2025
Financials
GSAT Income Statement
Annual
| Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Amortization of intangibles | -400000.0 | -300000.0 | -300000.0 | 25 M | 28 M | 31 M | ||||
| Basic EPS from continuing operations | 0.15 | -1.05 | -0.9 | -2.1 | -0.3 | -0.59 | ||||
| Basic EPS total | 1.05 | -1.8 | -1.2 | -0.15 | 0.15 | -1.05 | -0.9 | -2.1 | -0.3 | -0.59 |
| Basic weighted shares outstanding | 68 M | 71 M | 78 M | 85 M | 97 M | 109 M | 118 M | 120 M | 122 M | 126 M |
| Cost of sales | -31 M | -32 M | -37 M | -14 M | 37 M | 49 M | 52 M | 65 M | 69 M | 83 M |
| Depreciation | 77 M | 77 M | 77 M | 90 M | 96 M | 97 M | 96 M | 94 M | 88 M | 89 M |
| Depreciation unreconciled | 77 M | 77 M | 77 M | 90 M | 96 M | 97 M | 96 M | 94 M | 88 M | 89 M |
| DepreciationAndAmortization | 77 M | 77 M | 77 M | 90 M | 96 M | 97 M | 96 M | 94 M | 88 M | 89 M |
| Diluted EPS total | 1.05 | -1.8 | -1.2 | -0.15 | -1.05 | -1.05 | -0.9 | -2.1 | -0.3 | -0.59 |
| Diluted normalized net income/share | -1.05 | -1.05 | -0.9 | -2.1 | -0.3 | -0.59 | ||||
| Diluted weighted shares outstanding | 82 M | 71 M | 78 M | 85 M | 110 M | 109 M | 118 M | 120 M | 122 M | 126 M |
| GainOnSaleOfSecurity | 182 M | -42 M | 21 M | 81 M | 145 M | 3 M | -1 M | -805000.0 | ||
| GeneralAndAdministrativeExpense | -1 M | -1 M | -1 M | -1 M | 45 M | 42 M | 41 M | 33 M | 43 M | 43 M |
| Gross operating profit | 48 M | 55 M | 65 M | 78 M | 94 M | 80 M | 72 M | 83 M | 224 M | 168 M |
| Income before tax | 74 M | -139 M | -89 M | -6 M | 16 M | -109 M | -113 M | -257 M | -24 M | -61 M |
| Income restructuring and M&A | -5 M | -5 M | -6 M | |||||||
| Income taxes | 1 M | -7 M | 190000.0 | 125000.0 | 545000.0 | 662000.0 | -299000.0 | 73000.0 | 1 M | 2 M |
| Interest income | -36 M | -36 M | -35 M | -44 M | -62 M | -48 M | -44 M | -30 M | -15 M | -14 M |
| InterestExpenseNonOperating | 11000.0 | 4000.0 | 1000.0 | |||||||
| InterestExpenseOperating | -20 M | |||||||||
| MiscOtherSpecialCharges | -6 M | 2 M | -7 M | 17 M | -3 M | -4 M | 3 M | 947000.0 | -9 M | -30 M |
| Net income from total operations | 72 M | -133 M | -89 M | -7 M | 15 M | -110 M | -113 M | -257 M | -25 M | -63 M |
| NetIncomeCommonStockholders | 72 M | -133 M | -89 M | -7 M | 15 M | -110 M | -113 M | -258 M | -35 M | -74 M |
| NetIncomeContinuousOperations | 72 M | -133 M | -89 M | -7 M | 15 M | -110 M | -113 M | -257 M | -25 M | -63 M |
| NetNonOperatingInterestIncomeExpense | -36 M | -36 M | -35 M | -44 M | -62 M | -48 M | -44 M | -30 M | -15 M | -14 M |
| NonRecurringOperationExpense | 400000.0 | -7 M | -120000.0 | |||||||
| Operating income | -67 M | -63 M | -51 M | -68 M | -64 M | -59 M | -66 M | -221 M | -165000.0 | -949000.0 |
| Operating income before depreciation (EBITDA) | 64 M | -130 M | -81 M | 2 M | 32 M | 38 M | 31 M | -257 M | -24 M | -61 M |
| OperatingExpense | 115 M | 118 M | 116 M | 146 M | 141 M | 139 M | 138 M | 138 M | 154 M | 168 M |
| Other income net | -176 M | 40 M | 3 M | -98 M | -141 M | 1 M | -2 M | -172 M | 9 M | 30 M |
| Other special charges | -7 M | |||||||||
| OtherGandA | -1 M | -1 M | -1 M | -1 M | 45 M | 42 M | 41 M | 33 M | 43 M | 43 M |
| OtherImpairmentOfCapitalAssets | 350000.0 | 17 M | 1 M | 416000.0 | 242000.0 | 167 M | 363000.0 | 556000.0 | ||
| OtherOperatingExpenses | -3 M | -1 M | 916000.0 | -1 M | 3 M | 3 M | -45000.0 | |||
| OtherWriteDown | -2 M | 18 M | ||||||||
| OtherWriteOff | -2 M | -3 M | -2 M | -2 M | 2 M | 2 M | 2 M | |||
| PromotionAndAdvertising | -3 M | -4 M | -2 M | -4 M | 3 M | 3 M | 2 M | |||
| RentAndLandingFees | -1 M | -1 M | -1 M | -1 M | ||||||
| Research & development expense | -2 M | -2 M | -4 M | -3 M | 3 M | 2 M | 1000000.0 | 500000.0 | 1 M | 7 M |
| ResearchExpense | 3 M | 2 M | 1000000.0 | |||||||
| RestructringAndMnAIncome | -5 M | -5 M | -6 M | |||||||
| Revenue per share | -400000.0 | 173000.0 | -301000.0 | -9 M | 37 M | 39 M | 43 M | 39 M | 66 M | 92 M |
| SalariesAndWages | -618000.0 | -535000.0 | -330000.0 | 966000.0 | 2 M | 279000.0 | 11 M | 22 M | 36 M | |
| Selling Gen & administrative expense | 37 M | 41 M | 39 M | 55 M | 45 M | 42 M | 41 M | 33 M | 43 M | 43 M |
| SellingAndMarketingExpense | 37 M | 41 M | 39 M | 55 M | 3 M | 3 M | 2 M | 2 M | 3 M | 3 M |
| SellingExpense | 37 M | 41 M | 39 M | 55 M | ||||||
| Special income/charges | 7 M | 5 M | 5 M | 7 M | 120000.0 | -160 M | ||||
| Total Income available for interest expense (EBIT) | 54 M | -139 M | -89 M | -6 M | 16 M | -59 M | -65 M | -257 M | -24 M | -61 M |
| Total common shares outstanding | 69 M | 74 M | 84 M | 97 M | 209 M | 112 M | 120 M | 121 M | 127 M | 127 M |
| Total net income | 72 M | -133 M | -89 M | -7 M | 15 M | -110 M | -113 M | -257 M | -25 M | -63 M |
| Total ordinary shares | 127 M | 127 M | 127 M | 127 M | 127 M | 127 M | 127 M | 127 M | 127 M | 127 M |
| Total revenues | 90 M | 97 M | 113 M | 130 M | 132 M | 128 M | 124 M | 149 M | 224 M | 250 M |
| TotalExpenses | 84 M | 86 M | 79 M | 131 M | 178 M | 173 M | 175 M | 203 M | 154 M | 251 M |
| TotalRevenue | 16 M | 14 M | 113 M | 130 M | 132 M | 128 M | 124 M | 149 M | 224 M | 250 M |
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