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Globalstar GSAT Other — Total Revenue

Discontinued — last reported Q4 '23

Other product segments

Wholesale capacity services
$46.27M+26.0%
SPOT
$8.66M-7.6%
Commercial IoT
$7.45M
Duplex
$2.58M-25.4%
Government and other services
$1.75M+83.6%

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Other financials

Income statement

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Revenue$70.1M+16.7%
Operating income$8.2M+196%
Net income-$17.4M-0.5%
EPS (diluted)-$0.160.0%

Balance sheet

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Cash & equivalents$358.4M+48.5%
Total debt$537.8M+0.2%
Total equity$342.8M-0.4%
Total assets$2.4B+37.5%

Cash flow

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Operating cash flow$35.2M-32.1%
CapEx$1.5M+30.6%
Free cash flow$33.7M-33.5%

Valuation

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Market cap$10.36B+224%
Enterprise value$10.54B+197%
P/S36.6×+24.0×

Profitability

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Gross margin91.4%
Operating margin8.6%+7.3pp
Net margin-3.1%-1.4pp
FCF margin211.7%+32.4pp

Returns & leverage

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Return on equity-2.5%-1.2pp
Debt / equity1.6×0.0×
Current ratio1.6×-0.7×

Where this comes from

Reported directly by Globalstar in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Globalstar’s 10-K, filed February 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globalstar's other — total revenue?
Globalstar (GSAT) reported other — total revenue of $28K in Q4 2023.
How has Globalstar's other — total revenue changed year-over-year?
Globalstar's other — total revenue decreased by 37.8% year-over-year, from $45K to $28K.
What is the long-term trend for Globalstar's other — total revenue?
Over 2 years (2021 to 2023), Globalstar's other — total revenue has grown at a -89.4% compound annual growth rate (CAGR), from $1.24M to -$14K.
What does other — total revenue mean?
Total revenue earned from non-core or miscellaneous business activities outside of the company's primary reporting segments.
How do you interpret other — total revenue?
An increase suggests the company is successfully monetizing secondary assets or expanding into new, non-core areas, while a decrease may indicate a strategic divestiture or the declining relevance of legacy product lines.
How does other — total revenue compare across companies?
Most companies report similar 'Other' or 'Corporate' segment revenues, which are typically expected to be a small fraction of total revenue compared to core business segments.