← Telesat Corp
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | — | $187.2m |
$245.6m
+31.19%
|
$157.8m
-35.76%
|
($80.1m)
-150.78%
|
$583.3m
+828.02%
|
($302.5m)
-151.86%
|
($530.2m)
-75.30%
|
— | |
| Depreciation | — | $243.0m | $216.9m | $203.8m | $188.8m | $182.7m | $127.3m | $104.7m | $100.9m | |
| Amortization | — | $23.3m | $17.2m | $16.1m | $15.0m | $13.1m | $11.3m | $44.2m | $41.9m | |
| Deferred revenue amortization | — | ($106.6m) | ($74.1m) | ($65.0m) | ($77.1m) | ($59.3m) | ($58.0m) | ($56.2m) | — | |
| Depreciation Amortization Depletion | — | — | — | — | $203.7m | $195.8m | $138.6m | $148.9m | $142.8m | |
| Deferred Income Tax | — | — | — | — | $51.4m | $89.6m | ($13.0m) | ($67.4m) | ($77.6m) | |
| Deferred Tax | — | — | — | — | $51.4m | $89.6m | ($13.0m) | ($67.4m) | ($77.6m) | |
| Share-based compensation | — | $16.0m | $12.5m | $73.7m | $67.4m | $33.0m | $17.6m | $4.1m | $4.0m | |
| Impairment | — | — | — | — | $0 | $79.7m | $267.0m | $365.2m | — | |
| Change In Working Capital | — | — | — | — | ($6.7m) | ($39.2m) | ($45.1m) | $73.3m | ($32.7m) | |
| Change In Receivables | — | — | — | — | $2.3m | ($24.4m) | ($13.8m) | $96.3m | ($2.5m) | |
| Other | — | $166k | $8.0m | ($2.0m) | ($1.2m) | $3.0m | $7.5m | $8.0m | — | |
| Change In Other Current Assets | — | — | — | — | ($1.4m) | ($3.9m) | ($41.6m) | ($64.0m) | ($47.5m) | |
| Change In Other Current Liabilities | — | — | — | — | ($525k) | ($6.8m) | ($8.0m) | $44.5m | $9.4m | |
| Net cash from operating activities | — | $375.6m |
$372.4m
-0.85%
|
$296.4m
-20.42%
|
$228.8m
-22.79%
|
$169.1m
-26.11%
|
$62.5m
-63.06%
|
$66.7m
+6.79%
|
($68.6m)
-202.84%
|
|
| Cash payments related to property and other equipment | — | ($8.3m) | ($17.1m) | ($34.6m) | ($32.7m) | ($42.9m) | ($64.8m) | ($140.5m) | — | |
| Capital Expenditure | — | — | — | — | ($32.8m) | ($56.2m) | ($64.9m) | ($140.5m) | ($148.9m) | |
| Investments and other | — | — | — | — | — | — | — | ($858k) | — | |
| Net Other Investing Changes | — | — | — | — | $44.5m | $268.2m | ($1.0b) | ($620.1m) | ($498.8m) | |
| Net cash (used in) generated from investing activities | — | ($39.6m) | ($93.0m) | ($272.9m) | $74k | $211.9m | ($1.1b) | ($761.2m) | — | |
| Gain on repurchase of debt | — | — | — | — | ($106.9m) | ($230.1m) | ($202.5m) | ($6.9m) | — | |
| Proceeds from indebtedness | — | $3.8b | — | $619.9m | — | — | — | $689.8m | — | |
| Repurchase of indebtedness | — | ($3.7b) | ($453.6m) | — | ($97.2m) | ($344.0m) | ($155.9m) | ($4.5m) | — | |
| Issuance Of Debt | — | — | — | — | $0 | $0 | $0 | $689.8m | $480.0m | |
| Long Term Debt Issuance | — | — | — | — | $0 | $0 | $0 | $689.8m | $480.0m | |
| Long Term Debt Payments | — | — | — | — | ($99.7m) | ($346.2m) | ($158.3m) | ($7.2m) | ($7.4m) | |
| Net Issuance Payments Of Debt | — | — | — | — | ($99.7m) | ($346.2m) | ($158.3m) | $682.6m | $472.6m | |
| Net Long Term Debt Issuance | — | — | — | — | ($99.7m) | ($346.2m) | ($158.3m) | $682.6m | $472.6m | |
| Repayment Of Debt | — | — | — | — | ($99.7m) | ($346.2m) | ($158.3m) | ($7.2m) | ($7.4m) | |
| Cash Dividends Paid | — | — | — | ($10k) | $0 | $0 | — | — | $0 | |
| Preferred Stock Dividend Paid | — | — | — | ($10k) | $0 | $0 | — | — | $0 | |
| Net Other Financing Charges | — | — | — | — | ($27.5m) | ($9.6m) | ($12.3m) | ($10.8m) | ($13.6m) | |
| Net cash (used in) generated from financing activities | — | ($40.3m) |
($450.2m)
-1016.64%
|
$605.2m
+234.43%
|
($104.9m)
-117.33%
|
($354.7m)
-238.20%
|
($170.2m)
+52.01%
|
$672.4m
+495.03%
|
— | |
| Cash and cash equivalents, beginning of year | $768.4m | $1.0b | $818.4m | $1.4b | $1.7b | $1.7b | $552.1m | $509.8m | — | |
| Beginning Cash Position | — | — | — | — | $1.4b | $1.7b | $1.7b | $552.1m | $797.4m | |
| Effect of changes in exchange rates on cash and cash equivalents | — | ($36.9m) | ($38.1m) | $2.4m | $104.1m | ($35.1m) | $82.3m | ($20.1m) | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | $104.1m | ($35.1m) | $82.3m | ($20.1m) | ($17.1m) | |
| Additional Supplementary Disclosures | ||||||||||
| Additional Supplementary Disclosures | ||||||||||
| Tax expense (recovery) | — | $15.1m | ($4.4m) | $78.4m | $49.9m | $89.6m | ($13.0m) | ($67.4m) | — | |
| Interest expense | — | $258.3m | $203.8m | $188.0m | $221.8m | $270.4m | $243.8m | $217.7m | — | |
| Interest income | — | ($20.3m) | ($7.7m) | ($4.4m) | ($23.6m) | ($63.8m) | ($66.0m) | ($23.8m) | — | |
| (Gain) loss on foreign exchange | — | ($163.8m) | ($47.6m) | ($27.5m) | $239.6m | ($77.8m) | $244.5m | ($106.2m) | — | |
| (Gain) loss on changes in fair value of financial instruments | — | $49.7m | $13.1m | $18.7m | ($4.3m) | — | $12.8m | $215.3m | — | |
| (Gain) loss on disposal of assets | — | $862k | $215k | $848k | ($7k) | ($59k) | $534k | ($3.8m) | — | |
| Gain on disposal of subsidiaries | — | — | — | — | — | — | ($2.6m) | ($230k) | — | |
| Pension expense | — | — | $7.3m | $8.1m | $7.6m | $5.7m | $5.6m | $5.5m | — | |
| C-band clearing income | — | — | — | ($42.9m) | — | ($344.9m) | — | — | — | |
| Non-cash other income (expense) | — | — | — | — | — | — | $33.9m | — | — | |
| Income taxes paid, net of income tax received | — | ($95.5m) | ($53.4m) | ($94.2m) | ($98.1m) | ($66.8m) | ($60.5m) | $8.2m | — | |
| Interest paid, net of interest received | — | ($176.1m) | ($180.0m) | ($154.4m) | ($163.1m) | ($209.3m) | ($161.6m) | ($184.8m) | — | |
| Government grant received | — | — | $14.2m | — | $22.3m | $1.1m | $15.4m | — | — | |
| Operating assets and liabilities | — | ($13.9m) | $15.0m | ($58.6m) | ($6.7m) | ($39.2m) | ($45.1m) | $73.3m | — | |
| Cash payments related to satellite programs | — | — | — | ($279.9m) | ($31.8m) | ($83.3m) | ($1.0b) | ($624.6m) | — | |
| Net proceeds from disposal of assets | — | — | — | — | — | — | — | $4.5m | — | |
| Net proceeds from disposal of subsidiaries | — | — | — | — | — | — | $3.6m | $235k | — | |
| Purchase of intangible assets | — | ($27.6m) | ($30k) | ($1.2m) | ($71k) | ($13.3m) | ($52k) | — | — | |
| C-band clearing proceeds | — | — | — | $42.9m | $64.7m | $351.4m | — | — | — | |
| Payments of principal on lease liabilities | — | ($1.3m) | ($1.8m) | ($2.2m) | ($2.5m) | ($2.2m) | ($2.4m) | ($2.7m) | — | |
| Satellite performance incentive payments | — | ($9.6m) | ($9.0m) | ($6.9m) | ($6.7m) | ($6.4m) | ($4.6m) | ($2.0m) | — | |
| Tax withholdings on settlement of restricted share units | — | — | — | — | — | ($3.2m) | ($7.7m) | ($8.7m) | — | |
| Proceeds from exercise of stock options | — | — | — | $16k | — | $27k | $426k | $550k | — | |
| Changes in cash and cash equivalents | — | $258.8m | ($208.8m) | $631.2m | $228.2m | ($8.7m) | ($1.1b) | ($42.3m) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | ($127.2m) | ($355.7m) | ($170.2m) | $672.4m | $460.2m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | $11.7m | $212.0m | ($1.1b) | ($761.2m) | ($649.2m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | $228.2m | ($8.7m) | ($1.1b) | ($42.3m) | — | |
| Change In Payable | — | — | — | — | ($7.1m) | ($4.1m) | $18.3m | ($3.5m) | $8.0m | |
| Changes In Cash | — | — | — | — | $124.1m | $26.4m | ($1.2b) | ($22.2m) | ($257.6m) | |
| End Cash Position | — | — | — | — | $1.7b | $1.7b | $552.1m | $509.8m | $539.8m | |
| Financing Cash Flow | — | — | — | — | ($127.2m) |
($355.7m)
-179.69%
|
($170.2m)
+52.16%
|
$672.4m
+495.03%
|
$460.2m
-31.55%
|
|
| Free Cash Flow | — | — | — | — | $206.8m | $113.9m | ($2.4m) | ($73.8m) | ($217.5m) | |
| Gain Loss On Sale Of Business | — | — | — | — | $0 | $0 | ($2.6m) | ($230k) | ($230k) | |
| Investing Cash Flow | — | — | — | — | $11.7m | $212.0m | ($1.1b) | ($761.2m) | ($649.2m) | |
| Net Business Purchase And Sale | — | — | — | — | $0 | $0 | $3.6m | $235k | $235k | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | $239.6m | ($77.8m) | $244.5m | ($106.2m) | ($86.4m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | ($71k) | ($13.3m) | ($52k) | $0 | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $0 | ($858k) | ($1.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | ($32.7m) | ($42.9m) | ($64.8m) | ($140.5m) | ($148.9m) | |
| Operating Gains Losses | — | — | — | — | $140.3m | ($302.2m) | $45.6m | ($111.7m) | ($88.2m) | |
| Other Non Cash Items | — | — | — | — | $130.6m | ($193.8m) | $163.7m | $145.7m | — | |
| Pension And Employee Benefit Expense | — | — | — | — | $7.6m | $5.7m | $5.6m | $5.5m | $5.2m | |
| Proceeds From Stock Option Exercised | — | — | — | — | $0 | $27k | $426k | $550k | $1.1m | |
| Purchase Of Intangibles | — | — | — | — | ($71k) | ($13.3m) | ($52k) | $0 | $0 | |
| Purchase Of PPE | — | — | — | $34.6m | ($32.7m) | ($42.9m) | ($64.8m) | ($140.5m) | ($148.9m) | |
| Sale Of Business | — | — | — | — | $0 | $0 | $3.6m | $235k | $235k | |
| Sale Of Intangibles | — | — | — | $42.9m | $64.7m | — | — | — | — | |
| Stock Based Compensation | — | — | — | — | $67.4m | $33.0m | $17.6m | $4.1m | $4.0m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | ($4.3m) | $0 | $12.8m | $215.3m | $197.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.