Telesat (TSAT)
Operates GEO connectivity while building the Lightspeed LEO broadband network.
$48.79
After hours−0.04 (−0.08%)
At close$48.83(−5.00%)
In millions of USD, except per-share figures · converted from CAD at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 124 | 118 | 108 | 108 | 98 | 91 | 83 | 75 | 72 | 67 | 62 | 57 |
| Cost of revenue | 7 | 6 | 8 | 8 | 4 | 7 | 5 | 3 | 3 | 47 | 46 | 44 |
| Gross profit | 117 | 112 | 101 | 100 | 94 | 84 | 78 | 72 | 68 | 20 | 17 | 13 |
| 64 | 119 | 54 | 57 | 52 | 246 | 56 | 60 | 64 | 15 | 14 | 22 | |
| 19 | 21 | 18 | 20 | 16 | 25 | 19 | 15 | 16 | 16 | 16 | 22 | |
| General & administrative | 19 | 21 | 18 | 20 | 16 | 25 | 19 | 15 | 16 | 16 | 0 | 0 |
| Other expenses | 44 | 98 | 36 | 36 | 36 | 221 | 38 | 44 | 48 | −1 | −1 | 0 |
| Operating income | 54 | −7 | 47 | 44 | 42 | −162 | 22 | 13 | 4 | 5 | 2 | −9 |
| −43 | 28 | −79 | 68 | 9 | −194 | −58 | 44 | −102 | −352 | −116 | −384 | |
| Interest income | 12 | 13 | 15 | 14 | 11 | 6 | 5 | 5 | 4 | 5 | 3 | 1 |
| Interest expense | 48 | 47 | 46 | 44 | 42 | 41 | 40 | 38 | 39 | 38 | 36 | 36 |
| Other non-operating income | −5 | −74 | 34 | −112 | −52 | 153 | 17 | −82 | 64 | 314 | 81 | 0 |
| Income before tax | 11 | 21 | −33 | 112 | 52 | −356 | −36 | 56 | −98 | −347 | −114 | −393 |
| Income tax expense | 13 | −6 | 5 | 20 | 4 | −38 | 1 | 3 | −12 | −39 | −7 | 4 |
| Net income from continuing operations | −2 | 27 | −37 | 92 | 48 | −318 | −37 | 54 | −86 | −308 | −108 | −397 |
| Net income | −1 | 7 | −10 | 25 | 13 | −90 | −11 | 15 | −25 | −89 | −32 | −118 |
| EPS, basic | −$0.06 | −$0.20 | −$0.77 | $1.81 | $0.90 | −$6.41 | −$0.77 | $1.02 | −$1.69 | −$6.01 | −$2.16 | −$7.75 |
| EPS, diluted | −$0.06 | −$0.19 | −$0.77 | $1.74 | $0.87 | −$6.38 | −$0.77 | $0.98 | −$1.69 | −$6.01 | −$2.16 | −$7.75 |
| Weighted average shares, basic | 13 | 14 | 14 | 14 | 15 | 14 | 14 | 15 | 15 | 15 | 15 | 15 |
| Weighted average shares, diluted | 14 | 14 | 14 | 16 | 16 | 14 | 14 | 17 | 15 | 15 | 15 | 15 |
| EBITDA | 95 | 100 | 41 | 181 | 119 | −293 | 31 | 121 | −33 | −283 | −57 | 13 |
| Depreciation & amortization | 36 | 33 | 28 | 24 | 25 | 21 | 26 | 27 | 27 | 26 | 22 | 22 |
| EBIT | 59 | 67 | 13 | 156 | 94 | −315 | 5 | 95 | −59 | −309 | −78 | −9 |
