Globalstar Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $112.7M | $96.9M | $90.5M | $90.1M | $82.7M | $76.3M | $72.8M | $67.9M |
| Cost of Revenue | $9.9M | $9.9M | $11.8M | $14.9M | $13.6M | $13.3M | $11.9M | $13.2M |
| Gross Profit | $102.7M | $87.0M | $78.7M | $75.2M | $69.1M | $63.0M | $60.9M | $54.8M |
| Gross Margin | 91.2% | 89.8% | 86.9% | 83.5% | 83.5% | 82.6% | 83.6% | 80.6% |
| Operating Expenses | ||||||||
| Research & Development | $3.8M | $2.1M | $1.9M | $500.0K | $600.0K | $300.0K | $1.9M | $3.7M |
| SG&A Expense | $38.8M | $40.6M | $37.4M | $33.5M | $29.9M | $27.5M | $33.8M | $41.8M |
| Operating Income | $-68.4M | $-63.3M | $-66.6M | $-95.9M | $-87.4M | $-95.0M | $-73.2M | $-59.8M |
| Operating Margin | -60.8% | -65.3% | -73.6% | -106.5% | -105.7% | -124.5% | -100.6% | -88.0% |
| Interest Expense | — | — | — | — | — | — | $4.8M | $5.0M |
| Pretax Income | $-88.9M | $-139.2M | $73.7M | $-462.0M | $-590.0M | $-111.8M | $-55.0M | $-97.1M |
| Income Tax Expense | $190.0K | $-6.5M | $1.4M | $881.0K | $1.1M | $413.0K | $-109.0K | $396.0K |
| Net Income | $-89.1M | $-132.6M | $72.3M | $-462.9M | $-591.1M | $-112.2M | $-54.9M | $-97.5M |
| Net Margin | -79.1% | -136.9% | 79.9% | -513.9% | -714.7% | -147.0% | -75.4% | -143.5% |
| EPS (Basic) | $-0.08 | $-0.12 | $0.07 | $-0.50 | $-0.96 | $-0.29 | $-0.18 | $-0.34 |
| EPS (Diluted) | $-0.08 | $-0.12 | $0.07 | $-0.50 | $-0.96 | $-0.29 | $-0.18 | $-0.34 |
| Shares Outstanding (Basic) | 1.17B | 1.06B | 1.02B | 934.4M | 615.0M | 388.5M | 299.1M | 285.3M |
| Shares Outstanding (Diluted) | 1.17B | 1.06B | 1.23B | 934.4M | 615.0M | 388.5M | 299.1M | 285.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |