GSATGlobalstar, Inc.
Communications Services, NEC
- Revenue
- $273M
- 9.0% YoY
- Operating margin
- 2.7%
- 818% YoY
- EBITDA
- $94M
- 7.5% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.5×
- −$51M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear9% of revenueOver 10% of revenue
- Payouts exceed cash flowClear2% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear1% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $124M | $149M | $224M | $250M | $273M | 9.0% |
| Operating income | −$66M | −$221M | −$165K | −$949K | $7M | 883% |
| Net income | −$113M | −$257M | −$25M | −$63M | −$9M | 86% |
| Operating cash flow | $132M | $64M | $74M | $439M | $622M | 42% |
| Stock-based comp | $7M | $11M | $22M | $36M | $23M | 34% |
| Dividends | $0 | $0 | $12M | $11M | $11M | 0.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $30M · 1
- Open-market sells, 12 mo
- $30M · 4
- Net
- −$203K
Pay vs performance
No pay-versus-performance disclosure yet.