Globalstar (GSAT) Construction in Progress (2020 - 2023)
Globalstar (GSAT) posted Construction in Progress of $182.5 million for Q3 2023, up 9.94% on a QoQ basis from $166.0 million in Q2 2023, and up 223.58% year-over-year from $56.4 million in Q3 2022.
Analysis
Globalstar (GSAT) Construction in Progress (2020 - 2023) Analysis & Trends
Globalstar has reported Construction in Progress for 3 years, with the latest figure at $182.5 million in Q3 2023.
- On a quarterly basis, Construction in Progress rose 223.58% year-over-year to $182.5 million in Q3 2023; TTM through Sep 2023 was $182.5 million, a 223.58% increase from a year earlier, with the FY2022 full-year figure at $98.5 million, changed N/A from the prior year.
- Construction in Progress was $182.5 million for Q3 2023 at Globalstar, up from $166.0 million in the prior quarter.
- The five-year high for Construction in Progress was $182.5 million in Q3 2023, with the low at $7.9 million in Q4 2020.
- Average Construction in Progress over 3 years is $86.4 million, with a median of $77.4 million recorded in 2022.
- The largest YoY upside for Construction in Progress was 613.55% in 2023 against a maximum downside of 206.27% in 2023.
- Over 3 years, Construction in Progress stood at $7.9 million in 2020, then surged by 1146.84% to $98.5 million in 2022, then jumped by 85.28% to $182.5 million in 2023.
- The last three Construction in Progress figures came in at $182.5 million (Q3 2023), $166.0 million (Q2 2023), and $110.6 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | EchoStar | 26.70 Bn | 25.21 Bn | 1.65 Bn | - |
| 2 | AST SpaceMobile | 17.92 Bn | 17.92 Bn | 9.12 Mn | 1.72 Bn |
| 3 | Globalstar | 10.58 Bn | 10.17 Bn | 41.17 Mn | - |
| 4 | Viasat | 10.16 Bn | 8.42 Bn | 643.41 Mn | - |
| 5 | Iridium Communications | 5.03 Bn | 4.84 Bn | 173.92 Mn | - |
| 6 | Telesat | 688.26 Mn | 410.80 Mn | 53.65 Mn | - |
| 7 | Gogo | 352.21 Mn | 289.07 Mn | - | - |
| 8 | Kvh Industries Inc \De\ | 138.28 Mn | 80.56 Mn | 14.63 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 182.50 Mn |
| Jun 30, 2023 | 166.00 Mn |
| Mar 31, 2023 | 110.60 Mn |
| Dec 31, 2022 | 98.50 Mn |
| Sep 30, 2022 | 56.40 Mn |
| Jun 30, 2022 | 54.20 Mn |
| Mar 31, 2022 | 15.50 Mn |
| Dec 31, 2020 | 7.90 Mn |