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TSAT · NASDAQ · Telecommunications Services

Telesat (TSAT)

Operates GEO connectivity while building the Lightspeed LEO broadband network.

$47.71

vs last close−1.08 (−2.20%)

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	56
Cost of revenue	7	6	8	8	4	7	5	3	3	47	45	44
Gross profit	117	111	100	100	94	84	78	72	68	20	17	13
	63	118	54	57	51	245	56	60	64	15	14	22
	19	21	18	20	16	25	18	15	16	16	16	22
General & administrative	19	21	18	20	16	25	18	15	16	16	0	0
Other expenses	44	98	36	36	36	221	38	44	48	−1	−1	0
Operating income	53	−7	47	44	42	−161	22	13	4	5	2	−9
	−43	28	−79	68	9	−194	−58	44	−102	−351	−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	63	313	80	0
Income before tax	11	21	−33	112	52	−355	−36	56	−98	−346	−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	−317	−37	54	−86	−307	−107	−396
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	−$6.39	−$0.77	$1.01	−$1.69	−$6.00	−$2.16	−$7.73
EPS, diluted	−$0.06	−$0.19	−$0.77	$1.74	$0.87	−$6.36	−$0.77	$0.98	−$1.69	−$6.00	−$2.16	−$7.73
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	94	100	41	180	119	−293	31	121	−33	−282	−56	13
Depreciation & amortization	36	32	28	24	25	21	26	27	27	26	22	22
EBIT	59	67	13	156	94	−314	5	94	−59	−308	−78	−9