Globalstar, Inc. · Milpitas, CA United States (NASDAQ: GSAT)
Key Globalstar, Inc. Financials
| Company Type | Public -(NASDAQ: GSAT) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $67.9 |
| 2010 Employees | 322 |
Globalstar, Inc. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 67.9 | 64.3 | 86.1 |
| Cost of Goods Sold | 55.2 | 47.0 | 55.5 |
| Gross Profit | 12.7 | 17.3 | 30.6 |
| Gross Profit Margin | 18.7% | 26.9% | 35.6% |
| SG&A Expense | 41.8 | 49.2 | 61.4 |
| Depreciation & Amortization | 27.4 | 21.9 | 27.0 |
| Operating Income | (59.8) | (53.8) | (57.7) |
| Operating Margin | -88% | -83.7% | -67.1% |
| Nonoperating Income | (2.7) | (14.9) | (7.8) |
| Nonoperating Expenses | (4.6) | (6.2) | (2.1) |
| Income Before Taxes | (97.1) | (74.9) | (67.5) |
| Income Taxes | 0.4 | (0.0) | 0.5 |
| Net Income After Taxes | (97.5) | (74.9) | (68.0) |
| Continuing Operations | (97.5) | (74.9) | (68.0) |
| Discontinued Operations | -- | -- | -- |
| Total Operations | (97.5) | (74.9) | (68.0) |
| Total Net Income | (97.5) | (74.9) | (68.0) |
| Net Profit Margin | -143.5% | -116.6% | -79% |
| Diluted EPS from Total Net Income | (0.34) | (0.52) | (0.79) |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
Globalstar, Inc. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 33.0 | 67.9 | 12.4 |
| Net Receivables | 13.7 | 9.4 | 10.1 |
| Inventories | 55.6 | 61.7 | 55.1 |
| Other Current Assets | 16.6 | 14.7 | 14.9 |
| Total Current Assets | 118.9 | 153.7 | 92.4 |
| Net Fixed Assets | 1,150.5 | 961.8 | 636.4 |
| Other Noncurrent Assets | 117.5 | 142.5 | 74.3 |
| Total Assets | 1,386.8 | 1,258.0 | 803.0 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 26.4 | 76.7 | 28.4 |
| Short-Term Debt | 0.0 | 2.3 | 33.6 |
| Other Current Liabilities | 68.0 | 51.0 | 52.7 |
| Total Current Liabilities | 94.5 | 129.9 | 114.6 |
| Long-Term Debt | 664.5 | 463.6 | 261.5 |
| Other Noncurrent Liabilities | 92.4 | 77.4 | 18.5 |
| Total Liabilities | 851.4 | 670.8 | 394.6 |
| Shareholder's Equity | |||
| Preferred Stock Equity | 0.0 | 0.0 | 0.0 |
| Common Stock Equity | 535.4 | 587.1 | 408.4 |
| Total Equity | 535.4 | 587.1 | 408.4 |
| Shares Outstanding (thou.) | 309,959.0 | 291,134.0 | 119,773.5 |
All amounts in millions of US Dollars except per share amounts.
Globalstar, Inc. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | (23) | (18) | (31) |
| Net Investing Cash Flow | (205.4) | (311.7) | (258.6) |
| Net Financing Cash Flow | 194.7 | 386.8 | 252.5 |
| Net Change in Cash | (34.9) | 55.5 | (25.2) |
| Depreciation & Amortization | 27.4 | 21.9 | 27.0 |
| Capital Expenditures | (7.3) | (324.1) | (286.1) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.