Revenue

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Wholesale Capacity Services Revenue	182.29M	172.73M	145.30M
Government and Other Services Revenue	5.56M	4.77M	4.85M
Engineering and Other Services Revenue	185.64M	175.28M	150.15M
Commercial IoT - Subscriber Services Revenue	28.13M	27.26M	26.25M
SPOT - Subscriber Services Revenue	36.60M	37.31M	41.14M
Duplex - Subscriber Services Revenue	14.36M	15.24M	20.16M
Service Revenue	266.94M	257.31M	237.69M
Subscriber Equipment Sales Revenue	16.08M	15.68M	12.66M
Revenue (Total)	283.02M	272.99M	250.35M

Revenue by Geography

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
United States - Service Revenue	-	228.66M	206.40M
Canada - Service Revenue	-	10.43M	12.87M
Europe - Service Revenue	-	7.04M	6.53M
Central and South America - Service Revenue	-	10.59M	11.33M
Other Geographies - Service Revenue	-	589.00K	556.00K
United States - Subscriber Equipment Sales Revenue	-	9.48M	6.65M
Canada - Subscriber Equipment Sales Revenue	-	1.12M	1.08M
Europe - Subscriber Equipment Sales Revenue	-	3.35M	3.29M
Central and South America - Subscriber Equipment Sales Revenue	-	1.73M	1.63M
Other Geographies - Subscriber Equipment Sales Revenue	-	2.00K	4.00K
Revenue (Total)	283.02M	272.99M	250.35M

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Commercial IoT - Average Number of Subscribers	539.28K	509.45K
SPOT - Average Number of Subscribers	222.53K	241.98K
Duplex - Average Number of Subscribers	20.68K	27.03K
Other Services - Average Number of Subscribers	235.00	288.00
Total Average Number of Subscribers	782.74K	778.75K
Commercial IoT - Average Monthly Revenue per User (ARPU)	4.21	4.29
SPOT - Average Monthly Revenue per User (ARPU)	13.97	14.17
Duplex - Average Monthly Revenue per User (ARPU)	61.39	62.14