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Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, it offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves forestry, maritime, government, oil and gas, mining, leisure, emergency services, construction, and transportation sectors. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -2.77M | -61.03M | -23.59M | -256.84M | -112.92M |
| Net income | -8.65M | -63.16M | -24.72M | -256.92M | -112.62M |
| Selling general administrative | 74.84M | 78.98M | 60.25M | 44.10M | 41.36M |
| Selling and marketing expenses | - | 35.55M | 2.80M | - | - |
| Gross profit | 95.00M | 167.57M | 154.34M | 83.48M | 72.33M |
| Reconciled depreciation | 87.40M | 88.99M | 87.42M | 93.88M | 96.24M |
| Ebit | 38.15M | -0.39M | 0.20M | 118.13M | -60.77M |
| Ebitda | 126.15M | 88.59M | 88.39M | 212.01M | 35.47M |
| Depreciation and amortization | 88.00M | 88.99M | 88.19M | 93.88M | 96.24M |
| Non operating income net other | - | - | - | -5.64M | -3.88M |
| Operating income | 14.66M | -0.95M | -0.17M | 118.13M | -60.77M |
| Other operating expenses | 258.33M | 251.30M | 223.97M | 203.01M | 189.56M |
| Interest expense | 40.92M | 13.56M | 14.61M | 374.97M | -43.54M |
| Tax provision | 5.88M | 2.13M | 0.21M | 0.07M | -0.30M |
| Net interest income | -40.92M | -13.56M | -16.91M | -30.17M | -43.54M |
| Non recurring | - | - | - | 166.53M | 0.24M |
| Income tax expense | 5.88M | 2.13M | 1.12M | 0.07M | -0.30M |
| Total revenue | 272.99M | 250.35M | 223.81M | 148.50M | 124.30M |
| Total operating expenses | 80.34M | 168.52M | 154.50M | 137.99M | 137.59M |
| Cost of revenue | 177.99M | 82.77M | 69.47M | 65.02M | 51.96M |
| Total other income expense net | -17.43M | -60.08M | -23.43M | -374.97M | -52.16M |
| Net income from continuing ops | -8.65M | -63.16M | -14.97M | -256.92M | -112.62M |
| Net income applicable to common shares | - | - | - | -258.25M | -112.62M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2326.26M | 1710.24M | 924.31M | 833.39M | 814.11M |
| Intangible assets | 92.30M | 85.20M | 60.65M | 30.46M | 30.99M |
| Other current assets | 19.67M | 18.71M | 22.58M | 13.57M | 19.56M |
| Total liab | 1970.54M | 1351.35M | 545.33M | 518.62M | 448.68M |
| Total stockholder equity | 355.73M | 358.88M | 378.98M | 314.77M | 365.43M |
| Deferred long term liab | - | - | - | 1.77M | 1.73M |
| Other current liab | 91.20M | 28.91M | 77.01M | 115.85M | 26.89M |
| Common stock | 0.01M | 0.01M | 0.19M | 0.18M | 0.18M |
| Capital stock | 0.01M | 0.01M | 0.19M | 0.18M | 0.18M |
| Retained earnings | -2136.80M | -2128.15M | -2064.98M | -2040.26M | -1783.35M |
| Other liab | - | - | - | 161.73M | 119.94M |
| Good will | 30.60M | 30.60M | 30.60M | - | - |
| Other assets | - | 0.03M | - | 129.38M | 8.89M |
| Cash | 447.47M | 391.16M | 56.74M | 32.08M | 14.30M |
| Total current liabilities | 205.49M | 141.49M | 175.91M | 197.08M | 61.56M |
| Current deferred revenue | 62.02M | 61.20M | 53.68M | 74.64M | 25.93M |
| Net debt | 98.86M | 150.76M | 335.80M | 130.41M | 255.37M |
| Short term debt | 39.83M | 38.85M | 37.60M | 2.75M | 2.50M |
| Short long term debt | 31.84M | 34.60M | 34.60M | - | - |
| Short long term debt total | 546.34M | 541.93M | 392.55M | 162.50M | 269.67M |
| Other stockholder equity | 2489.23M | 2473.56M | 2438.70M | 2345.61M | 2146.71M |
| Property plant equipment | - | - | - | 560.37M | 672.16M |
| Total current assets | 496.73M | 447.57M | 142.65M | 81.24M | 68.87M |
| Net tangible assets | - | - | - | 276.35M | 324.39M |
| Net receivables | 19.98M | 26.95M | 48.74M | 26.33M | 21.18M |
| Long term debt | 451.95M | 476.82M | 325.70M | 132.12M | 237.93M |
| Inventory | 9.61M | 10.74M | 14.58M | 9.26M | 13.83M |
| Accounts payable | 12.43M | 4.98M | 2.03M | 3.84M | 6.25M |
| Accumulated other comprehensive income | 3.29M | 13.45M | 5.07M | 9.24M | 1.89M |
| Common stock total equity | - | - | - | 0.18M | 0.18M |
| Retained earnings total equity | - | - | - | -2040.26M | -1783.35M |
| Non currrent assets other | 237.74M | 352.99M | 23.06M | 130.46M | 10.05M |
| Non current assets total | 1829.54M | 1262.64M | 781.66M | 752.15M | 745.23M |
| Capital lease obligations | 62.55M | 30.51M | 32.25M | 30.38M | 31.74M |
| Long term debt total | - | - | - | 132.12M | 237.93M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -260.57M | -157.03M | -39.95M | -45.19M |
| Change to liabilities | - | - | - | -14.05M | -4.39M |
| Total cashflows from investing activities | -550.38M | -260.57M | -175.61M | -39.95M | -45.19M |
| Net borrowings | -7.45M | -10.15M | 146.47M | -6.97M | -187.28M |
| Total cash from financing activities | -16.18M | 157.18M | 125.79M | -6.05M | -140.28M |
| Change to operating activities | - | - | - | -1.91M | -5.93M |
| Net income | -19.26M | -63.16M | -24.72M | -256.92M | -112.62M |
| Change in cash | 56.31M | 334.42M | 24.66M | 17.78M | -53.72M |
| Begin period cash flow | 391.16M | 56.74M | 32.08M | 14.30M | 68.02M |
| End period cash flow | 447.47M | 391.16M | 56.74M | 32.08M | 14.30M |
| Total cash from operating activities | 621.65M | 439.19M | 74.34M | 63.80M | 131.88M |
| Issuance of capital stock | 1.88M | 177.97M | 0.99M | 0.92M | 44.42M |
| Depreciation | 87.40M | 88.99M | 88.19M | 93.88M | 96.24M |
| Other cashflows from investing activities | -550.38M | -9.98M | -9.91M | -18.88M | -1.45M |
| Dividends paid | 10.61M | 10.63M | 11.94M | - | - |
| Change to inventory | 1.52M | 2.80M | -4.15M | -2.38M | -0.08M |
| Change to account receivables | 7.49M | 26.66M | 12.69M | -1.01M | 1.36M |
| Sale purchase of stock | - | - | -0.18M | 0.92M | 44.42M |
| Other cashflows from financing activities | -5.58M | 177.97M | -8.56M | -0.63M | 2.28M |
| Change to netincome | - | - | - | 15.34M | 10.58M |
| Capital expenditures | 544.86M | 118.91M | 166.80M | 39.95M | 45.54M |
| Change receivables | - | - | - | -1.01M | 1.36M |
| Cash flows other operating | - | - | - | 228.41M | 138.23M |
| Cash and cash equivalents changes | - | - | - | 17.80M | -53.59M |
| Change in working capital | 491.38M | 332.79M | -36.00M | 6.47M | 99.00M |
| Stock based compensation | 23.41M | 35.55M | 22.49M | 10.75M | 6.54M |
| Other non cash items | 38.71M | 45.04M | 24.38M | 209.60M | 37.45M |
| Free cash flow | 76.79M | 320.29M | -92.46M | 23.85M | 86.34M |
Sector: Communication Services Industry: Telecom Services
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| GSAT Globalstar, Inc. Common Stock |
0.79 0.95% |
84.32 | - | 9.22 | 37.78 | 36.30 | 37.86 | 117.08 |
| SFTBF Softbank Group Corp. |
0.48 2.12% |
23.10 | 6.45 | 73.53 | 0.03 | 1.82 | 6.60 | 6.57 |
| SFTBY SoftBank Group Corp |
0.30 2.69% |
11.47 | 6.42 | 72.99 | 0.03 | 1.81 | 6.60 | 6.57 |
| TMUS T-Mobile US Inc |
1.42 0.88% |
162.01 | 19.12 | 12.95 | 2.10 | 3.49 | 3.39 | 9.70 |
| T AT&T Inc. |
-0.19 0.87% |
21.63 | 8.76 | 10.39 | 1.44 | 1.65 | 2.57 | 6.09 |
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. It offers duplex two-way voice and data products, including mobile voice and data services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. The company also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, it offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves forestry, maritime, government, oil and gas, mining, leisure, emergency services, construction, and transportation sectors. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.
1351 Holiday Square Boulevard, Covington, LA, United States, 70433
985 335 1500
477
| Name | Title | Year Born |
|---|---|---|
| Mr. James Monroe III | Exec. Chairman | 1955 |
| Mr. David B. Kagan | Chief Exec. Officer | 1962 |
| Ms. Rebecca S. Clary | VP & CFO | 1979 |
| Mr. L. Barbee Ponder IV | Gen. Counsel & VP of Regulatory Affairs | 1967 |
| Mr. Timothy Evan Taylor | VP of Fin., Bus. Operations & Strategy and Director | 1983 |
| Mr. Wen Doong | Sr. VP of Engineering & Operations | NA |
| Mr. James A. Seese II | VP of Admin. | NA |
| Mr. Kyle Pickens CFA | VP of Strategy & Communications | NA |
| Denise Davila | Corp. Communications Mang. | NA |
| Mr. Richard S. Roberts | Corp. Sec. | 1946 |
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