GSAT Q4 2022 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$8B

Q4 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$41M+19.8% YoY

Gross Profit

$27M64.8% margin

Operating Income

-$9M-22.6% margin

Net Income

-$5M-12.9% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$17M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$738M

Total Liabilities

$424M

Stockholders' Equity

$315M

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$34M	+19.8%
Gross Profit	$27M	$21M	+27.1%
Operating Income	-$9M	-$16M	+40.0%
Net Income	-$5M	-$24M	+77.7%

Revenue Segments

Services, SPOT

$11M57%

Services, Duplex

$7M37%

Product, SPOT

$1M6%

Product, Duplex

$31,0000%

Product, Other

$14,0000%

Geographic Segments

UNITED STATES

$28M78%

CANADA

$4M12%

Latin America

$2M6%

Europe

$2M4%

Other Countries

$121,0000%