Loral Space and Communications

Loral Space & Communications Inc., a satellite communications company, provides satellite-based communications services to broadcast, telecom, corporate, and government customers worldwide. As of December 31, 2015, the company provided satellite services to its customers through a fleet of 15 in-orbit satellites; and the Canadian Ka-band payload on the ViaSat-1 satellite. It also offers video distribution and direct-to-home (DTH) video, as well as end-to-end communications services using satellite and hybrid satellite-ground networks; and broadcast services, including DTH, video distribution and contribution, and satellite transmission services for the broadcast of video news, sports, and live event coverage. In addition, the company provides telecommunication carrier and integrator services; satellite services to the Canadian Government; two-way broadband Internet services; communications services to the on and off shore oil and gas, and mining industries; maritime and aeronautical services; and satellite operator services. Further, it is involved in the installation and maintenance of the end user terminal; maintenance of the VSAT hub; and provision of satellite capacity. Additionally, the company offers consulting and other services to businesses and governments; and X-band communications services to the U.S. Department of Defense, U.S. Department of State, and various agencies of the Spanish Government.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1996
Size (employees)
21 (est)
Website
loral.com
Loral Space and Communications was founded in 1996 and is headquartered in New York, US

Loral Space and Communications Office Locations

Loral Space and Communications has an office in New York
New York, US (HQ)
565 5th Ave

Loral Space and Communications Data and Metrics

Loral Space and Communications Financial Metrics

USD

Net income (Q1, 2017)

71.4 m

EBIT (Q1, 2017)

(2.1 m)

Market capitalization (17-Aug-2017)

1.4 b

Cash (31-Mar-2017)

273.8 m
Loral Space and Communications's current market capitalization is $1.4 b.
USDFY, 2016

General and administrative expense

(6.7 m)

Operating expense total

(6.7 m)

EBIT

(6.7 m)

Interest expense

(20 k)

Income tax expense

(28.5 m)

Net Income

47.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

General and administrative expense

(1.3 m)(1.3 m)(1.6 m)(2.1 m)(1.7 m)(1.5 m)(1.7 m)(1.7 m)(2.1 m)

Operating expense total

(1.3 m)(1.3 m)(1.6 m)(2.1 m)(1.7 m)(1.5 m)(1.7 m)(1.7 m)(2.1 m)

EBIT

(1.3 m)(1.3 m)(1.6 m)(2.1 m)(1.7 m)(1.5 m)(1.7 m)(1.7 m)(2.1 m)

Interest expense

(4 k)(3 k)(3 k)(5 k)(5 k)(5 k)(4 k)(6 k)(5 k)

Income tax expense

(9.5 m)(5 m)(3.8 m)(2.3 m)36.9 m(20.6 m)(8.5 m)(8.9 m)(66.1 m)

Net Income

53 m(32.3 m)(82.6 m)17.8 m(3.6 m)23.8 m32.6 m(3.9 m)71.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

5.9 m51.4 m58.9 m37.5 m

Current Assets

90.8 m86.9 m61.8 m40.9 m

Total Assets

327.7 m304.6 m214.6 m264.2 m

Accounts Payable

2.4 m

Current Liabilities

9.7 m15.7 m14.4 m6.1 m

Total Liabilities

93.8 m

Additional Paid-in Capital

1 b1 b1 b1 b

Retained Earnings

(777.5 m)(803.4 m)(873.7 m)(826.5 m)

Total Equity

207.9 m175.6 m108.5 m170.4 m

Financial Leverage

1.6 x1.7 x2 x1.6 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

74.1 m44.3 m75.8 m69.3 m62.1 m51.7 m47.7 m42.7 m273.8 m

Current Assets

121.7 m94.2 m78 m71.5 m66.5 m55.5 m50.8 m45.7 m277.6 m

Total Assets

372.1 m330.8 m216.7 m234.6 m227.2 m243.8 m281.8 m277.4 m387.2 m

Current Liabilities

15.4 m13.3 m14.6 m15.2 m14.2 m13.1 m10.9 m8.7 m55.5 m

Additional Paid-in Capital

1 b1 b1 b1 b1 b1 b1 b1 b1 b

Retained Earnings

(739.4 m)(771.7 m)(886 m)(868.2 m)(871.8 m)(849.9 m)(810.4 m)(814.3 m)(750.4 m)

Total Equity

247.3 m218.2 m93.2 m112.8 m110.5 m141.4 m181.3 m179.1 m243.5 m

Financial Leverage

1.5 x1.5 x2.3 x2.1 x2.1 x1.7 x1.6 x1.5 x1.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

16.6 m(25.8 m)(70.3 m)47.2 m

Cash From Operating Activities

(70.5 m)(29.1 m)(28.8 m)(21.2 m)

Capital Expenditures

(64 k)(4 k)(102 k)(5 k)

Cash From Investing Activities

1.1 m72.8 m33.6 m(5 k)

Cash From Financing Activities

(12 m)1.9 m2.6 m(141 k)

Free Cash Flow

(70.4 m)(29.1 m)(28.7 m)(21.3 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

53 m(32.3 m)(82.6 m)17.8 m(3.6 m)23.8 m32.6 m(3.9 m)71.4 m
Y, 2017

Financial Leverage

1.6 x

Loral Space and Communications Operating Metrics

Loral Space and Communications's Customers was reported to be 400 in FY, 2016. Loral Space and Communications's Backlog was reported to be $3.1 b in Q1, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Satellite Fleet

14141414151515151515

Customers

400400400

Patents Issued

779

Patents (US)

777

Backlog

$3.9 b$3.6 b$3.7 b$3.4 b$3.5 b$3.6 b$3.5 b$3.4 b$3.2 b$3.1 b

    Loral Space and Communications Market Value History

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