Globalstar Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-8.7M | $-63.2M | $-24.7M | $-256.9M | $-112.6M | $-109.6M | $15.3M | $-6.5M |
| Depreciation & Amortization | $87.4M | $89.0M | $88.2M | $93.9M | $96.2M | $96.8M | $95.8M | $90.4M |
| Depreciation | $86.1M | $87.9M | $87.2M | $85.5M | $84.2M | $84.9M | $83.6M | $81.8M |
| Amortization | $4.7M | $3.6M | $1.4M | $1.2M | $1.2M | $1.1M | — | — |
| Stock-Based Compensation | $23.4M | $35.5M | $22.5M | $10.8M | $6.7M | $5.9M | $5.7M | $7.0M |
| Net Cash from Operating Activities | $621.7M | $439.2M | $74.3M | $63.8M | $131.9M | $22.2M | $3.0M | $5.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $5.5M | $6.8M | $6.9M | $7.1M | $6.3M | $5.2M | $4.6M | $7.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-550.4M | $-260.6M | $-175.6M | $-40.0M | $-45.2M | $-14.5M | $-11.5M | $-17.4M |
| Financing Activities | ||||||||
| Dividends Paid | $10.6M | $10.6M | $11.9M | $0 | $0 | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-16.2M | $157.2M | $125.8M | $-6.0M | $-140.3M | $1.2M | $-7.9M | $-18.2M |
| Net Change in Cash | $56.3M | $334.4M | $24.7M | $17.8M | $-53.7M | $8.9M | $-16.4M | $-29.8M |
| Free Cash Flow | $616.1M | $432.4M | $67.4M | $56.7M | $125.6M | $17.1M | $-1.5M | $-1.4M |