Telesat Corp

Telesat Corp

TSAT · NASDAQ · Technology / Communication Equipment

45.29USD-0.10 (-0.22%)

Price History

Full chart

Market Stats

Previous Close45.39
Open45.54
Day Range42.77 – 45.57
52-Week Range23.01 – 61.54
Volume111.20K
Market Cap2.48B
P/E (TTM)0.00
Forward P/E0.00
EPS-17.78
Dividend Yield0.00%
Beta2.05
50-Day Avg45.78
200-Day Avg40.94

About

Telesat Corporation, a satellite operator, provides mission-critical communications solutions to support the requirements of satellite users in Canada, the United States, Asia, Australia, Latin America, the Caribbean, Europe, the Middle East, and Africa. It operates through Geostationary (GEO) and Low Earth Orbit (LEO) segments. The company offers broadcast services, such as direct-to-home television, video distribution and contribution, and occasional use services; enterprise services, including telecommunication carrier and integrator, government, consumer broadband, resource, maritime and aeronautical, and retail and satellite operator services; and consulting services related to space and earth segments, government studies, satellite control services, and research and development. It also provides satellites for full-time transmission of television programming; and government services. In addition, the company offers satellite capacity and end-to-end services for data and voice transmission to telecommunications carriers and integrators; and space segment services and terrestrial facilities for enterprise connectivity, internet backhaul, and cellular backhaul, as well as rural telephony services to telecommunications carriers and network services integrators. Further, it provides direct-to-consumer broadband services; communications services to offshore, oil and gas, and mining industries; and installation and maintenance of the end user terminal, as well as the provision of satellite capacity and other network elements. Additionally, the company operates satellite and terrestrial networks that support enterprise and retail activities. It offers its services through a direct sales force. Telesat Corporation was founded in 1969 and is headquartered in Ottawa, Canada.

Company Details

  • SectorTechnology
  • IndustryCommunication Equipment
  • CEOMr. Daniel S. Goldberg J.D.
  • Employees711
  • Headquarters160 Elgin Street, Ottawa, ON, Canada, K2P 2P7, USA
  • Websitehttps://www.telesat.com

Leadership

  • Mr. Daniel S. Goldberg J.D.President, CEO & Director · b. 1966
  • Mr. Donald Tremblay CPAChief Financial Officer · b. 1966
  • Mr. Michael C. SchwartzSenior Vice President of Corporate & Business Development · b. 1965
  • Mr. Glenn KatzChief Commercial Officer · b. 1963
  • Mr. Michel ForestChief Technology Officer · b. 1967
  • Mr. Asit TandonChief Network & Information Officer · b. 1971
  • Mr. James Maxwell Ratcliffe IIIVice President of Investor Relations
  • Mr. John FlahertyVice President of Business Planning & Marketing · b. 1966
  • Ms. Maia MititeluVice President of Human Resources · b. 1981
  • Ms. Michèle BeckSenior Vice President of Canadian Sales · b. 1966

Financials

Income Statement

Currency: CAD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue845.81M896.90M922.87M954.91M930.85M927.41M902.93M910.89M820.47M758.21M759.17M704.16M571.04M417.62M
Growth (%)-+6.04%+2.90%+3.47%-2.52%-0.37%-2.64%+0.88%-9.93%-7.59%+0.13%-7.25%-18.90%-26.87%
Cost of Revenue239.08M193.86M187.79M184.28M174.92M187.69M389.39M37.22M33.37M30.21M54.00M38.52M37.97M264.03M
Gross Profit606.73M703.03M735.08M770.63M755.93M739.72M513.54M873.67M787.10M728.00M705.16M665.65M533.07M153.59M
Gross Margin71.73%78.39%79.65%80.70%81.21%79.76%56.88%95.91%95.93%96.01%92.89%94.53%93.35%36.78%
Operating Expense258.81M258.53M252.78M242.07M259.74M253.65M45.60M395.38M382.56M318.87M408.71M96.80M573.34M96.34M
Operating Income347.92M444.50M482.30M528.55M496.19M486.07M467.95M478.29M404.54M409.12M296.45M568.85M-40.27M57.24M
Operating Margin41.14%49.56%52.26%55.35%53.30%52.41%51.83%52.51%49.31%53.96%39.05%80.78%-7.05%13.71%
EBITDA592.57M688.31M729.62M764.29M748.65M733.46M711.48M740.01M678.31M641.15M395.30M1.14B67.02M-229.78M
EBITDA Margin70.06%76.74%79.06%80.04%80.43%79.09%78.80%81.24%82.67%84.56%52.07%161.84%11.74%-55.02%
Net Income24.36M68.08M13.18M-266.95M292.89M505.04M-90.94M187.20M244.82M92.53M-23.76M157.12M-87.72M-155.23M
Net Income Margin2.88%7.59%1.43%-27.96%31.46%54.46%-10.07%20.55%29.84%12.20%-3.13%22.31%-15.36%-37.17%
R&D-------7.10M21.10M31.70M65.80M48.30M--
R&D as % of Total Revenue-------0.78%2.57%4.18%8.67%6.86%--
Interest Expense-----00271.45M203.76M187.99M221.76M270.96M243.91M218.56M
Interest Expense % of Total Revenue-----0.00%0.00%29.80%24.83%24.79%29.21%38.48%42.71%52.33%

Balance Sheet

Currency: CAD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets5.81B5.72B5.74B6.00B6.14B5.70B5.88B4.57B4.38B6.36B6.48B6.31B6.95B6.60B
Total Liabilities4.78B4.60B4.61B5.09B4.94B4.55B4.79B3.61B3.23B4.67B4.64B3.91B4.45B4.83B
Total Equity1.03B1.12B1.13B918.13M1.19B1.14B1.09B960.34M1.15B415.67M481.44M661.92M710.28M530.39M
Cash180.96M298.71M497.36M690.73M782.41M479.05M768.43M418.38M540.01M1.45B1.68B1.67B552.06M493.87M
Total Debt-3.39B3.57B4.07B3.87B3.55B3.73B2.89B2.52B3.83B3.88B3.23B3.13B3.53B
Net Debt-180.96M3.09B3.07B3.38B3.08B3.07B2.96B2.47B1.98B2.38B2.21B1.56B2.58B3.04B

Cash Flow

Currency: CAD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow299.99M481.09M412.02M422.36M527.36M486.70M466.30M375.62M371.68M296.39M228.85M170.06M62.46M66.65M
Investing Cash Flow-170.25M-78.88M-95.16M-193.87M-286.10M-164.61M-103.31M-39.61M-92.99M-272.86M74.00K212.05M-1.09B-760.61M
Financing Cash Flow-220.91M-291.95M-136.79M-80.58M-139.76M-588.81M-114.21M-40.32M-450.24M605.24M-104.86M-355.74M-170.20M671.81M
Capital Expenditure170.16M79.95M95.29M193.86M243.81M146.60M103.31M35.94M16.33M35.78M64.58M56.19M64.86M764.50M
Free Cash Flow129.83M401.14M316.74M228.50M283.55M340.10M362.99M339.68M355.35M260.61M164.27M113.87M-2.39M-697.85M
Dividends Paid-10.00K20.00K10.00K10.00K10.00K20.00K20.00K10.00K10.00K00--
FCF to OCF43.28%83.38%76.87%54.10%53.77%69.88%77.85%90.43%95.61%87.93%71.78%66.96%-3.83%-1047.04%
Dividend Paid to FCF-0.00%0.01%0.00%0.00%0.00%0.01%0.01%0.00%0.00%0.00%0.00%--

Earnings

Report DateOct 28, 1996Feb 24, 1997Jun 3, 1997Aug 6, 1997Nov 6, 1997Mar 9, 1998May 7, 1998Aug 11, 1998Oct 30, 1998Feb 16, 1999May 5, 1999Jul 29, 1999Oct 26, 1999Feb 7, 2000May 8, 2000Aug 2, 2000Nov 9, 2000Feb 15, 2001Apr 30, 2001Aug 8, 2001Nov 7, 2001Feb 14, 2002May 3, 2002Jul 31, 2002Nov 7, 2002Mar 31, 2003Aug 10, 2009Nov 9, 2009Mar 12, 2010May 10, 2010Aug 9, 2010Nov 4, 2010Nov 11, 2013Mar 5, 2014May 5, 2014Aug 4, 2014Nov 11, 2014Nov 4, 2015Aug 5, 2016Nov 4, 2016Feb 28, 2017May 9, 2017Aug 8, 2017Nov 14, 2017Mar 15, 2018May 15, 2018Aug 2, 2018Nov 1, 2018Mar 1, 2019May 2, 2019Aug 1, 2019Nov 5, 2019Feb 27, 2020Apr 30, 2020Aug 7, 2020Nov 5, 2020Mar 9, 2021May 11, 2021Aug 5, 2021Nov 22, 2021Mar 18, 2022Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Aug 11, 2023Nov 6, 2023Mar 28, 2024May 10, 2024Aug 10, 2024Nov 14, 2024Mar 27, 2025Jun 18, 2025Aug 6, 2025Nov 4, 2025Mar 17, 2026May 5, 2026Aug 13, 2026Nov 3, 2026
EPS Estimate0.100.10-0.20-0.40-0.600.00-1.35-1.66-2.02-2.67-2.91-2.26-2.89-5.73-4.80-5.01-5.22-4.76-4.20-3.08-2.12-2.14-1.33-1.23-1.07-1.35-0.280.540.501.891.841.660.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-------0.060.550.041.05-0.34-1.23-1.88-2.09-2.28-1.47-1.21-0.67-0.91
EPS Actual0.100.200.00-0.60-0.60-0.40-1.10-2.70-1.70-1.20-1.70-1.70-1.60-2.40-4.90-3.70-3.30-2.50-2.50-2.90-1.90-1.60-0.90-0.70-1.40-1.502.483.611.970.97-0.662.290.000.000.000.000.000.000.000.000.002.30-0.070.792.390.140.021.49-1.291.241.230.200.22-3.922.371.652.890.990.69-0.813.380.92-0.12-3.591.330.417.49-0.060.49-1.081.790.88-6.26-0.750.92-1.73-6.07-2.219.83-
Surprise0.00%100.00%100.00%-50.00%0.00%-18.52%-62.65%15.84%55.06%41.58%24.78%44.64%58.12%-2.08%26.15%36.78%47.48%40.48%5.84%10.38%25.23%32.33%43.09%-30.84%-11.11%985.71%568.52%294.00%-48.68%-135.87%37.95%-----------------------------------6.50%-10.56%-2800.00%70.48%354.66%-408.94%59.95%143.83%24.10%-312.63%-82.99%1567.16%-
Timing---------------------------------------After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market---------Pre-marketPre-marketAfter-hoursPre-marketPre-market--Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap2.48B
Enterprise Value3.14B
Trailing P/E0.00
Forward P/E0.00
Price / Sales6.85
Price / Book2.76
EPS-17.78
Book Value17.84
Revenue (TTM)361.65M
Gross Profit (TTM)140.45M
EBITDA134.81M
Profit Margin-102.89%
Operating Margin-15.11%
Return on Equity-72.97%
Return on Assets0.03%
Shares Outstanding15.11M
Shares Float3.25M
Beta2.05
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
50.42%
Insiders
2.27%
Retail / Other
47.31%

Top Institutional Holders

  • Gamco Investors, Inc. Et Al
    1.72M11.32%
  • Rubric Capital Management LP
    843.78K5.54%
  • Gabelli Funds LLC
    716.28K4.71%
  • Millennium Management LLC
    544.27K3.58%
  • HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS
    396.62K2.61%
  • LM Asset (IM) Inc.
    266.35K1.75%
  • Penderfund Capital Management Ltd
    225.15K1.48%
  • Pembroke Management Ltd
    183.48K1.21%
  • Vestcor Investment Management Corp
    175.00K1.15%
  • Morgan Stanley - Brokerage Accounts
    163.30K1.07%
  • RIMA MANAGEMENT, LLC
    137.67K0.90%
  • Advisor Group Holdings, Inc.
    137.03K0.90%
  • Connor Clark & Lunn Inv Mgmt Ltd
    123.27K0.81%

Top Fund Holders

  • 1290 VT GAMCO Small Company Value IB
    676.00K4.44%
  • Highland Global Allocation A
    189.94K1.25%
  • Pender Small Cap Opportunities F
    182.00K1.20%
  • Gabelli Small Cap Growth AAA
    140.00K0.92%
  • Guardian Canadian Focused Equity A
    122.78K0.81%
  • Gabelli Multimedia
    121.00K0.80%
  • 1290 GAMCO Small/Mid Cap Value I
    113.20K0.74%

Dividends

20202×
1.50Dec 3, 20205.50May 13, 2020
20122×
29.00Dec 5, 201213.60Apr 5, 2012