Globalstar Historical Income Statement

GSAT Stock  USD 1.79  0.02  1.13%   
Historical analysis of Globalstar income statement accounts such as Gross Profit of 162.1 M or Ebit of 3.3 M can show how well Globalstar performed in making a profits. Evaluating Globalstar income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Globalstar's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Globalstar latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Globalstar is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalstar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.

About Globalstar Income Statement Analysis

Globalstar Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Globalstar shareholders. The income statement also shows Globalstar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Globalstar Income Statement Chart

At this time, Globalstar's Tax Provision is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 100.3 M in 2024, whereas Income Before Tax is likely to drop (24.8 M) in 2024.

Total Revenue

Total revenue comprises all receipts Globalstar generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Globalstar minus its cost of goods sold. It is profit before Globalstar operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Globalstar. It is also known as Globalstar overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Globalstar's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Globalstar current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalstar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.At this time, Globalstar's Tax Provision is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 100.3 M in 2024, whereas Income Before Tax is likely to drop (24.8 M) in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue124.3M148.5M223.8M235.0M
Interest Expense43.5M375.0M14.6M13.9M

Globalstar income statement Correlations

-0.32-0.240.740.02-0.04-0.53-0.49-0.53-0.01-0.08-0.37-0.130.06-0.17-0.14-0.120.170.060.210.10.160.030.020.21
-0.320.970.36-0.11-0.010.520.480.520.20.130.790.180.640.710.00.230.80.15-0.72-0.12-0.60.420.69-0.77
-0.240.970.41-0.19-0.110.530.450.530.170.070.670.10.540.720.090.360.810.26-0.65-0.15-0.630.430.71-0.8
0.740.360.41-0.18-0.16-0.05-0.03-0.050.050.070.14-0.060.450.37-0.130.130.740.26-0.2-0.04-0.240.40.43-0.3
0.02-0.11-0.19-0.180.96-0.78-0.75-0.780.090.1-0.01-0.130.28-0.31-0.38-0.880.01-0.93-0.10.110.330.18-0.25-0.06
-0.04-0.01-0.11-0.160.96-0.72-0.67-0.730.080.360.1-0.080.32-0.25-0.49-0.910.09-0.97-0.210.070.260.31-0.22-0.11
-0.530.520.53-0.05-0.78-0.720.961.0-0.01-0.120.420.22-0.030.490.390.780.170.74-0.21-0.17-0.47-0.070.38-0.25
-0.490.480.45-0.03-0.75-0.670.960.96-0.04-0.020.510.380.010.420.290.620.130.65-0.26-0.19-0.45-0.120.34-0.1
-0.530.520.53-0.05-0.78-0.731.00.96-0.02-0.120.420.22-0.030.490.390.780.170.74-0.2-0.18-0.47-0.070.38-0.25
-0.010.20.170.050.090.08-0.01-0.04-0.02-0.040.16-0.050.330.02-0.16-0.030.210.0-0.10.930.170.080.22-0.22
-0.080.130.070.070.10.36-0.12-0.02-0.12-0.040.260.070.150.08-0.52-0.350.12-0.39-0.28-0.11-0.090.45-0.090.03
-0.370.790.670.14-0.010.10.420.510.420.160.260.490.70.6-0.13-0.080.43-0.06-0.8-0.12-0.490.030.58-0.25
-0.130.180.1-0.06-0.13-0.080.220.380.22-0.050.070.490.04-0.080.0-0.14-0.20.0-0.49-0.15-0.38-0.550.520.21
0.060.640.540.450.280.32-0.030.01-0.030.330.150.70.040.59-0.25-0.240.66-0.23-0.580.15-0.220.340.42-0.4
-0.170.710.720.37-0.31-0.250.490.420.490.020.080.6-0.080.590.210.420.560.31-0.48-0.2-0.570.30.44-0.46
-0.140.00.09-0.13-0.38-0.490.390.290.39-0.16-0.52-0.130.0-0.250.210.54-0.160.47-0.07-0.19-0.51-0.310.010.02
-0.120.230.360.13-0.88-0.910.780.620.78-0.03-0.35-0.08-0.14-0.240.420.540.120.950.14-0.09-0.34-0.060.28-0.24
0.170.80.810.740.010.090.170.130.170.210.120.43-0.20.660.56-0.160.120.09-0.44-0.02-0.320.730.47-0.79
0.060.150.260.26-0.93-0.970.740.650.740.0-0.39-0.060.0-0.230.310.470.950.090.17-0.02-0.28-0.20.34-0.07
0.21-0.72-0.65-0.2-0.1-0.21-0.21-0.26-0.2-0.1-0.28-0.8-0.49-0.58-0.48-0.070.14-0.440.170.220.56-0.13-0.520.35
0.1-0.12-0.15-0.040.110.07-0.17-0.19-0.180.93-0.11-0.12-0.150.15-0.2-0.19-0.09-0.02-0.020.220.39-0.030.00.0
0.16-0.6-0.63-0.240.330.26-0.47-0.45-0.470.17-0.09-0.49-0.38-0.22-0.57-0.51-0.34-0.32-0.280.560.39-0.04-0.50.3
0.030.420.430.40.180.31-0.07-0.12-0.070.080.450.03-0.550.340.3-0.31-0.060.73-0.2-0.13-0.03-0.04-0.13-0.66
0.020.690.710.43-0.25-0.220.380.340.380.22-0.090.580.520.420.440.010.280.470.34-0.520.0-0.5-0.13-0.44
0.21-0.77-0.8-0.3-0.06-0.11-0.25-0.1-0.25-0.220.03-0.250.21-0.4-0.460.02-0.24-0.79-0.070.350.00.3-0.66-0.44
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Globalstar Account Relationship Matchups

Globalstar income statement Accounts

201920202021202220232024 (projected)
Interest Expense62.5M48.4M43.5M375.0M14.6M13.9M
Total Revenue131.7M128.5M124.3M148.5M223.8M235.0M
Gross Profit78.1M79.8M72.3M83.5M154.3M162.1M
Operating Income(62.9M)(60.5M)(60.8M)118.1M(165K)(173.3K)
Ebit(62.9M)(60.5M)(70.0M)(59.3M)3.1M3.3M
Ebitda(111.2M)38.1M31.0M37.6M91.3M95.9M
Income Before Tax15.9M(109.0M)(112.9M)(256.8M)(23.6M)(24.8M)
Total Other Income Expense Net78.8M(49.8M)(47.4M)(35.8M)(23.4M)(24.6M)
Net Income15.3M(109.6M)(112.6M)(256.9M)(24.7M)(26.0M)
Income Tax Expense545K662K(299K)73K1.1M1.2M
Depreciation And Amortization(48.3M)98.7M100.9M96.9M88.2M56.6M
Other Operating Expenses194.6M187.2M189.6M203.0M224.0M180.8M
Total Operating Expenses141.0M138.6M137.6M138.0M66.6M121.5M
Cost Of Revenue53.6M48.7M52.0M65.0M69.5M57.6M
Selling General Administrative41.8M39.2M39.1M42.1M65.9M46.4M
Research Development3.8M1.5M3.2M1M1.4M1.6M
Net Income Applicable To Common Shares15.3M(109.6M)(112.6M)(258.3M)(232.4M)(220.8M)
Net Income From Continuing Ops15.3M(109.6M)(112.6M)(256.9M)(15.0M)(15.7M)
Non Recurring1.1M416K242K166.5M191.5M201.1M
Non Operating Income Net Other142.4M(1.4M)(3.9M)(5.6M)(6.5M)(6.8M)
Tax Provision545K662K(299K)73K207K217.4K
Net Interest Income(62.5M)(48.4M)(43.5M)(30.2M)(16.9M)(17.8M)
Reconciled Depreciation95.8M96.8M96.2M93.9M87.4M100.3M

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Additional Tools for Globalstar Stock Analysis

When running Globalstar's price analysis, check to measure Globalstar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.