GSAT Q4 2020 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$8B

Q4 2020 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$33M+4.2% YoY

Gross Profit

$20M60.5% margin

Operating Income

-$15M-45.4% margin

Net Income

-$22M-65.5% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$888M

Total Liabilities

$465M

Stockholders' Equity

$423M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$32M	+4.2%
Gross Profit	$20M	$18M	+12.2%
Operating Income	-$15M	-$17M	+11.7%
Net Income	-$22M	-$38M	+42.4%

Revenue Segments

Services, SPOT

$11M46%

Services, Duplex

$8M31%

Gateway Construction In Nigeria

$3M12%

Product, SPOT

$2M10%

Product, Duplex

$344,0001%

Product, Other

$43,0000%

Geographic Segments

UNITED STATES

$22M75%

CANADA

$4M15%

Europe

$2M6%

Latin America

$715,0002%

Other Countries

$276,0001%