Globalstar, Inc. (GSAT)

Globalstar Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	223.81	148.5	124.3	128.49	131.72
Revenue Growth (YoY)	50.71%	19.48%	-3.26%	-2.45%	1.23%
Cost of Revenue	69.47	65.02	51.96	48.68	53.64
Gross Profit	154.34	83.48	72.33	79.81	78.08
Selling, General & Admin	43.46	33.35	34.63	41.74	45.23
Other Operating Expenses	111.04	271.16	103.21	97.23	96.9
Operating Expenses	154.5	304.51	137.84	138.97	142.13
Operating Income	-0.17	-221.03	-65.5	-59.16	-64.05
Interest Expense / Income	14.61	30.17	43.54	48.43	62.46
Other Expense / Income	19.43	6.98	3.89	1.39	-142.38
Pretax Income	-34.2	-258.18	-112.92	-108.98	15.87
Income Tax	1.12	0.07	-0.3	0.66	0.55
Net Income	-35.32	-258.25	-112.63	-109.64	15.32
Shares Outstanding (Basic)	1,835	1,801	1,765	1,642	1,451
Shares Outstanding (Diluted)	1,835	1,801	1,765	1,642	1,655
Shares Change	1.90%	2.02%	7.48%	-0.78%	30.38%
EPS (Basic)	-0.02	-0.14	-0.06	-0.07	0.01
EPS (Diluted)	-0.02	-0.14	-0.06	-0.07	-0.07
Free Cash Flow	-91.36	24.49	88.89	9.74	-4.89
Free Cash Flow Per Share	-0.05	0.01	0.05	0.01	-0.00
Gross Margin	68.96%	56.22%	58.19%	62.11%	59.28%
Operating Margin	-0.07%	-148.84%	-52.70%	-46.05%	-48.62%
Profit Margin	-15.78%	-173.90%	-90.61%	-85.33%	11.63%
Free Cash Flow Margin	-40.82%	16.49%	71.51%	7.58%	-3.71%
Effective Tax Rate	-	-	-	-	3.43%
EBITDA	68.6	-134.13	26.85	36.27	174.11
EBITDA Margin	30.65%	-90.32%	21.60%	28.23%	132.18%
Depreciation & Amortization	88.19	93.88	96.24	96.82	95.77
EBIT	-19.59	-228.01	-69.39	-60.55	78.33
EBIT Margin	-8.75%	-153.54%	-55.82%	-47.12%	59.47%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).