Telesat Corp

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $910.9m $820.5m $758.2m $759.2m $704.2m $571.0m $418.0m
Operating expenses ($165.5m) ($180.9m) ($234.1m) ($259.0m) ($204.6m) ($207.8m) ($211.8m)
Operating income $478.3m $405.3m $411.9m $296.5m $568.8m ($40.3m) ($303.9m)
Depreciation ($243.0m) ($216.9m) ($203.8m) ($188.8m) ($182.7m) ($127.3m) ($104.7m)
Amortization ($23.3m) ($17.2m) ($16.1m) ($15.0m) ($13.1m) ($11.3m) ($44.2m)
Other operating gains (losses), net ($862k) ($215k) $107.6m $7k $265.0m ($264.9m) ($361.2m)
Gain on repurchase of debt $106.9m $230.1m $202.5m $6.9m
Interest and other income $20.0m $5.2m $3.4m $23.5m $66.5m $23.3m $26.2m
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 foreign exchange $163.8m $47.6m $27.5m ($239.6m) $77.8m ($244.5m) $106.2m
Income (loss) before income taxes $187.2m $245.6m $157.8m ($80.1m) $672.9m ($315.5m) ($597.6m)
Telesat Corporation shareholders $187.2m $245.6m $103.5m ($23.4m) $157.1m ($87.7m) ($155.4m)
Non-controlling interest $54.2m ($56.7m) $426.2m ($214.7m) ($374.9m)
Net income (loss) $187.2m $245.6m $157.8m ($80.1m) $583.3m ($302.5m) ($530.2m)
Basic (in Dollars per share) $3.78 $4.96 $3.49 ($6.51) $43.47 ($21.70) ($36.22)
Diluted (in Dollars per share) $3.76 $4.93 $3.38 ($6.51) $38.15 ($21.70) ($36.22)
Interest expense ($258.3m) ($203.8m) ($188.0m) ($221.8m) ($270.4m) ($243.8m) ($217.7m)
Tax (expense) recovery ($15.1m) $4.4m ($78.4m) ($49.9m) ($89.6m) $13.0m $67.4m