Globalstar, Inc.
GSATFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
250
Cost of Revenue
83
Gross Profit
168
Gross Margin
66.9%
Operating Income
-1
Operating Margin
-0.4%
Net Income
-63
Net Margin
-25.2%
EPS (Basic)
$-0.59
EPS (Diluted)
$-0.59
EBITDA
89
EBITDA Margin
35.4%
2023
12/31/2023
Revenue
224
Cost of Revenue
69
Gross Profit
154
Gross Margin
69.0%
Operating Income
-0
Operating Margin
-0.1%
Net Income
-25
Net Margin
-11.0%
EPS (Basic)
$-0.20
EPS (Diluted)
$-0.20
EBITDA
88
EBITDA Margin
39.5%
2022
12/31/2022
Revenue
149
Cost of Revenue
65
Gross Profit
83
Gross Margin
56.2%
Operating Income
-221
Operating Margin
-148.8%
Net Income
-257
Net Margin
-173.0%
EPS (Basic)
$-2.10
EPS (Diluted)
$-2.10
EBITDA
38
EBITDA Margin
25.3%
2021
12/31/2021
Revenue
124
Cost of Revenue
52
Gross Profit
72
Gross Margin
58.2%
Operating Income
-66
Operating Margin
-52.7%
Net Income
-113
Net Margin
-90.6%
EPS (Basic)
$-0.90
EPS (Diluted)
$-0.90
EBITDA
31
EBITDA Margin
24.9%
2020
12/31/2020
Revenue
128
Cost of Revenue
49
Gross Profit
80
Gross Margin
62.1%
Operating Income
-59
Operating Margin
-46.0%
Net Income
-110
Net Margin
-85.3%
EPS (Basic)
$-1.00
EPS (Diluted)
$-1.00
EBITDA
38
EBITDA Margin
29.6%