GSAT FY 2023 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$8B

FY 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$224M+50.7% YoY

Gross Profit

$154M69.0% margin

Operating Income

-$165,000-0.1% margin

Net Income

-$25M-11.0% margin

EPS (Diluted)

$-0.20

Cash Flow

Operating Cash Flow

$74M

Free Cash Flow

-$92M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$924M

Total Liabilities

$545M

Stockholders' Equity

$379M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$224M	$149M	+50.7%
Gross Profit	$154M	$83M	+84.9%
Operating Income	-$165,000	-$221M	+99.9%
Net Income	-$25M	-$257M	+90.4%