Telesat Corp
NASDAQ:TSAT
Income Statement
Earnings Waterfall
Telesat Corp
Income Statement
Telesat Corp
| Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
192
|
176
|
170
|
173
|
175
|
184
|
189
|
198
|
219
|
241
|
261
|
272
|
270
|
266
|
259
|
251
|
244
|
236
|
228
|
222
|
|
| Revenue |
821
N/A
|
802
-2%
|
782
-2%
|
773
-1%
|
758
-2%
|
754
-1%
|
752
0%
|
740
-2%
|
759
+3%
|
757
0%
|
750
-1%
|
745
-1%
|
704
-5%
|
673
-4%
|
646
-4%
|
609
-6%
|
571
-6%
|
536
-6%
|
489
-9%
|
452
-8%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(33)
|
(34)
|
(32)
|
(33)
|
(30)
|
(28)
|
(30)
|
(32)
|
(54)
|
(57)
|
(59)
|
(60)
|
(39)
|
(38)
|
(41)
|
(37)
|
(38)
|
(34)
|
(27)
|
(26)
|
|
| Gross Profit |
787
N/A
|
769
-2%
|
750
-2%
|
740
-1%
|
728
-2%
|
725
0%
|
722
0%
|
708
-2%
|
705
0%
|
700
-1%
|
692
-1%
|
685
-1%
|
666
-3%
|
635
-5%
|
605
-5%
|
572
-5%
|
533
-7%
|
502
-6%
|
462
-8%
|
426
-8%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(382)
|
(372)
|
(388)
|
(400)
|
(424)
|
(359)
|
(344)
|
(334)
|
(409)
|
(391)
|
(38)
|
(30)
|
(362)
|
(0)
|
(332)
|
(317)
|
(308)
|
(316)
|
(320)
|
(336)
|
|
| Selling, General & Administrative |
(148)
|
(142)
|
(162)
|
(180)
|
(204)
|
(248)
|
(240)
|
(234)
|
(205)
|
(191)
|
(183)
|
(175)
|
(166)
|
(160)
|
(162)
|
(162)
|
(170)
|
(180)
|
(181)
|
(194)
|
|
| Depreciation & Amortization |
(234)
|
(229)
|
(225)
|
(220)
|
(220)
|
(219)
|
(212)
|
(208)
|
(204)
|
(200)
|
(200)
|
(200)
|
(196)
|
(185)
|
(170)
|
(154)
|
(139)
|
(136)
|
(139)
|
(142)
|
|
| Other Operating Expenses |
0
|
(1)
|
(1)
|
(1)
|
0
|
108
|
108
|
109
|
0
|
0
|
345
|
345
|
(0)
|
345
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
406
N/A
|
397
-2%
|
362
-9%
|
339
-6%
|
304
-10%
|
367
+21%
|
378
+3%
|
375
-1%
|
297
-21%
|
308
+4%
|
654
+112%
|
655
+0%
|
304
-54%
|
634
+109%
|
273
-57%
|
255
-7%
|
225
-12%
|
186
-17%
|
142
-24%
|
90
-36%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
(164)
|
189
|
114
|
(26)
|
(67)
|
(153)
|
(296)
|
(478)
|
(434)
|
(467)
|
(308)
|
(138)
|
219
|
(195)
|
(286)
|
(166)
|
(478)
|
(447)
|
(317)
|
(452)
|
|
| Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
(1)
|
21
|
107
|
107
|
107
|
86
|
153
|
221
|
150
|
150
|
169
|
125
|
(62)
|
(59)
|
(224)
|
(247)
|
|
| Pre-Tax Income |
241
N/A
|
586
+143%
|
476
-19%
|
313
-34%
|
236
-25%
|
235
-1%
|
188
-20%
|
4
-98%
|
(30)
N/A
|
(73)
-142%
|
499
N/A
|
738
+48%
|
673
-9%
|
590
-12%
|
156
-74%
|
214
+37%
|
(316)
N/A
|
(320)
-1%
|
(399)
-25%
|
(610)
-53%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
4
|
(21)
|
(19)
|
(16)
|
(78)
|
(76)
|
(87)
|
(79)
|
(50)
|
(39)
|
(87)
|
(100)
|
(90)
|
(88)
|
(44)
|
(31)
|
13
|
19
|
43
|
65
|
|
| Income from Continuing Operations |
246
|
565
|
456
|
297
|
158
|
159
|
101
|
(75)
|
(80)
|
(112)
|
412
|
638
|
583
|
502
|
112
|
183
|
(302)
|
(302)
|
(355)
|
(544)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
(54)
|
(101)
|
(98)
|
72
|
57
|
83
|
(300)
|
(468)
|
(426)
|
(368)
|
(82)
|
(134)
|
215
|
213
|
252
|
388
|
|
| Net Income (Common) |
246
N/A
|
565
+130%
|
456
-19%
|
297
-35%
|
104
-65%
|
58
-44%
|
3
-95%
|
(4)
N/A
|
(23)
-569%
|
(29)
-25%
|
113
N/A
|
170
+51%
|
157
-8%
|
134
-15%
|
30
-78%
|
49
+64%
|
(88)
N/A
|
(88)
-1%
|
(103)
-16%
|
(156)
-52%
|
|
| EPS (Diluted) |
4.93
N/A
|
11.05
+124%
|
8.86
-20%
|
6
-32%
|
2.22
-63%
|
4.25
+91%
|
0.23
-95%
|
-0.28
N/A
|
-1.9
-579%
|
-2
-5%
|
7.45
N/A
|
12.53
+68%
|
10.27
-18%
|
9.79
-5%
|
1.87
-81%
|
3.03
+62%
|
-6.29
N/A
|
-6.15
+2%
|
-6.21
-1%
|
-10.55
-70%
|
|