GSAT Q4 2021 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$8B

Q4 2021 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$34M+3.9% YoY

Gross Profit

$21M61.1% margin

Operating Income

-$16M-45.0% margin

Net Income

-$24M-69.5% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+5.7%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$10M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$814M

Total Liabilities

$449M

Stockholders' Equity

$365M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$33M	+3.9%
Gross Profit	$21M	$20M	+5.0%
Operating Income	-$16M	-$15M	-3.0%
Net Income	-$24M	-$22M	-10.2%

Revenue Segments

Services, SPOT

$12M53%

Services, Duplex

$8M34%

Product, SPOT

$3M12%

Product, Duplex

$122,0001%

Product, Other

$60,0000%

Geographic Segments

UNITED STATES

$23M76%

CANADA

$4M15%

Europe

$2M6%

Latin America

$850,0003%

Other Countries

$189,0001%