GSAT FY 2022 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$8B

FY 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$149M+19.5% YoY

Gross Profit

$83M56.2% margin

Operating Income

-$221M-148.8% margin

Net Income

-$257M-173.0% margin

EPS (Diluted)

$-2.10

Cash Flow

Operating Cash Flow

$64M

Free Cash Flow

$24M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$833M

Total Liabilities

$519M

Stockholders' Equity

$315M

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$149M	$124M	+19.5%
Gross Profit	$83M	$72M	+15.4%
Operating Income	-$221M	-$66M	-237.4%
Net Income	-$257M	-$113M	-128.1%