Globalstar
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Globalstar

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    Globalstar is a leading provider of mobile satellite voice and data services. Globalstar offers these services to commercial customers and recreational consumers in more than 120 countries around the world. The Company's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems, the SPOT family of mobile satellite consumer products including the SPOT Satellite GPS Messenger™ and flexible airtime service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational consumers. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.
    Revenue(FY, 2017)
    $112.7 M
    Market capitalization(2018-12-04)
    $463.1 M
    Subscribers(FY, 2016)
    689 K

    Employee Rating

    3.0More
    TypePublic
    HQCovington, US
    Founded1991
    Size (employees)333 (est)-3%
    Websiteglobalstar.com
    Globalstar was founded in 1991 and is headquartered in Covington, US
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    Globalstar Office Locations

    Globalstar has an office in Covington
    Covington, (HQ)
    300 Holiday Square Blvd
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    Globalstar Financials and Metrics

    Globalstar Revenue

    Globalstar's revenue was reported to be $112.66 m in FY, 2017
    USD

    Revenue (Q3, 2018)

    		35.7m

    Gross profit (Q3, 2018)

    		26.3m

    Gross profit margin (Q3, 2018), %

    		73.6%

    Net income (Q3, 2018)

    		9.0m

    EBIT (Q3, 2018)

    		(18.0m)

    Market capitalization (4-Dec-2018)

    		463.1m

    Closing stock price (4-Dec-2018)

    		0.4

    Cash (30-Sep-2018)

    		20.5m

    EV

    		530.4m
    Globalstar's current market capitalization is $463.1 m.
    Annual
    USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		72.8m76.3m82.7m68.8m90.5m96.9m112.7m

    Revenue growth, %

    		5%(72%)228%31%7%

    Cost of goods sold

    		11.9m13.3m30.2m30.6m31.9m37.0m

    Gross profit

    		60.9m63.0m52.5m59.9m65.0m75.6m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Revenue

    		22.5m20.5m24.0m23.4m21.0m23.0m23.7m21.8m25.1m25.5m24.7m28.1m30.5m28.7m33.7m35.7m

    Cost of goods sold

    		8.2m6.9m7.1m7.9m7.4m8.0m7.8m7.6m7.9m8.4m9.0m9.0m9.3m9.0m9.5m9.4m

    Gross profit

    		14.4m13.6m16.9m15.6m13.6m15.0m15.9m14.2m17.1m17.2m15.7m19.1m21.1m19.7m24.2m26.3m

    Gross profit Margin, %

    		64%66%70%66%65%65%67%65%68%67%64%68%69%69%72%74%
    show all
    Annual
    usdY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		67.9m33.0m10.0m11.8m17.4m7.1m7.5m10.2m41.6m

    Accounts Receivable

    		15.8m14.3m14.6m13.4m

    Inventories

    		7.1m7.7m4.5m4.6m7.3m

    Current Assets

    		81.4m44.8m38.5m38.1m136.4m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Cash

    		6.6m19.6m23.8m27.2m13.7m12.9m28.0m11.9m11.3m12.9m23.5m8.8m16.2m48.8m12.8m20.5m

    Inventories

    		37.5m29.5m28.6m29.3m13.6m12.0m12.1m11.4m9.7m9.7m8.9m8.8m8.5m7.7m7.7m13.1m

    Current Assets

    		68.2m81.8m78.4m80.4m49.8m49.2m59.8m42.1m42.2m44.8m50.1m38.2m48.0m144.1m102.0m115.7m

    PP&E

    		1.2b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.0b1.0b1.0b1.0b958.1m935.0m904.0m
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    		(591.1m)(462.9m)(26.8m)(132.6m)

    Depreciation and Amortization

    		86.1m77.2m77.4m

    Inventories

    		(727.0k)(1.3m)326.0k(488.0k)

    Accounts Payable

    		(2.6m)(1.7m)702.0k102.0k
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018Q3, 2018

    Net Income

    		(356.3m)(250.5m)(684.3m)(554.9m)(129.7m)75.0m99.1m(26.9m)(12.8m)(15.4m)(20.2m)87.9m80.9m89.9m

    Depreciation and Amortization

    		19.0m38.3m19.2m41.8m66.6m

    Inventories

    		4.3m2.1m3.5m4.4m2.6m2.0m1.2m2.9m3.0m8.9m(403.0k)(624.0k)1.4m

    Accounts Payable

    		4.6m2.9m(2.2m)1.3m(63.0k)4.5m1.6m(1.5m)2.7m6.2m5.4m4.3m12.4m
    show all
    USDY, 2018

    EV/EBIT

    		-29.5 x

    EV/CFO

    		26.8 x

    Financial Leverage

    		2.7 x
    Show all financial metrics

    Globalstar Operating Metrics

    Globalstar's Subscribers was reported to be 689 k in FY, 2016.
    FY, 2015FY, 2016

    Subscribers

    		688 k689 k
    Show all operating metrics

    Globalstar Revenue Breakdown

    Embed Graph

    Globalstar revenue breakdown by business segment: 85.8% from Service: and 14.2% from Subscriber equipment:

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    Competitors

    KVH Industries
    Manufacturing & Industrial - Public
    ORBCOMM
    Mobile & Telecommunications - Public
    Ligado Networks
    Mobile & Telecommunications - Private
    Phasor Solutions
    Mobile & Telecommunications - Private
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    Globalstar Online and Social Media Presence

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    Globalstar News and Updates

    December 03, 2018

    Thinking about buying stock in Camber Energy, Globalstar, Helios and Matheson Analytics Inc, MagneGas or Weatherford International?

    CHICAGO, Dec. 3, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CEI, GSAT, HMNY, MNGA, and WFT. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
    October 16, 2018

    Worldwide Satellite Phone Market By Type ( Globalstar, Inmarsat, Iridium, Thuraya ), By Application ( Aerospace & Defense, Maritime, Energy, Government) Industry trends, Estimation & Forecast, 2018 - 2025

    The Satellite Phone market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Satellite Phone. Poste…
    October 11, 2018

    Satellite M2M Connections and Services Global Market Top Key Players – Globalstar, Iridium Communications , Kore Orbcomm, Rogers Communications and Forecast to 2023

    Wiseguyreports.Com Added New Market Research Report On -“Satellite M2M Connections and Services Market 2018 Key Players, Applications and Future Demand Forecast to 2023 ”. Posted via Industry Today. Follow us on Twitter @IndustryToday
    October 03, 2018

    Satellite Phone Global Market 2018: Key Players – Inmarsat, Iridium, Thuraya, Globalstar, TerreStar

    Satellite Phone -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
    September 18, 2018

    Satellite Telephones Market 2018 Global Analysis By Key Players – Inmarsat, Iridium, Thuraya, Globalstar, TerreStar

    WiseGuyReports.Com Publish a New Market Research Report On –“ Global Satellite Telephones Market Size, Status and Forecast 2018-2025”. Posted via Industry Today. Follow us on Twitter @IndustryToday
    September 04, 2018

    Jay Monroe drops Globalstar CEO position to focus on spectrum

    Jay Monroe, CEO of low-Earth-orbit-satellite operator Globalstar for the past 13 years, is leaving his position, but not the company, following a failed merger with another company he controls. SpaceNews.com
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    Globalstar Company Life and Culture

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     Globalstar Frequently Asked Questions

    • When was Globalstar founded?

      Globalstar was founded in 1991.

    • How many employees does Globalstar have?

      Globalstar has 333 employees.

    • What is Globalstar revenue?

      Latest Globalstar annual revenue is $112.7 m.

    • What is Globalstar revenue per employee?

      Latest Globalstar revenue per employee is $338.3 k.

    • Who are Globalstar competitors?

      Competitors of Globalstar include KVH Industries, ORBCOMM and Ligado Networks.

    • Where is Globalstar headquarters?

      Globalstar headquarters is located at 300 Holiday Square Blvd, Covington.

    • Where are Globalstar offices?

      Globalstar has an office in Covington.

    • How many offices does Globalstar have?

      Globalstar has 1 office.