Telesat Corporation
TSATFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
423
Cost of Revenue
28
Gross Profit
394
Gross Margin
93.4%
Operating Income
-30
Operating Margin
-7.1%
Net Income
-65
Net Margin
-15.4%
EPS (Basic)
$-6.29
EPS (Diluted)
$-6.29
EBITDA
50
EBITDA Margin
11.7%
2023
12/31/2023
Revenue
521
Cost of Revenue
29
Gross Profit
493
Gross Margin
94.5%
Operating Income
421
Operating Margin
80.8%
Net Income
116
Net Margin
22.3%
EPS (Basic)
$11.29
EPS (Diluted)
$10.28
EBITDA
843
EBITDA Margin
161.8%
2022
12/31/2022
Revenue
562
Cost of Revenue
40
Gross Profit
522
Gross Margin
92.9%
Operating Income
219
Operating Margin
39.0%
Net Income
-18
Net Margin
-3.1%
EPS (Basic)
$-1.90
EPS (Diluted)
$-1.90
EBITDA
293
EBITDA Margin
52.1%
2021
12/31/2021
Revenue
561
Cost of Revenue
22
Gross Profit
539
Gross Margin
96.0%
Operating Income
303
Operating Margin
54.0%
Net Income
68
Net Margin
12.2%
EPS (Basic)
$13.12
EPS (Diluted)
$13.12
EBITDA
474
EBITDA Margin
84.6%
2020
12/31/2020
Revenue
607
Cost of Revenue
25
Gross Profit
582
Gross Margin
95.9%
Operating Income
299
Operating Margin
49.3%
Net Income
181
Net Margin
29.8%
EPS (Basic)
$3.71
EPS (Diluted)
$3.71
EBITDA
502
EBITDA Margin
82.7%