Telesat Corporation, a satellite operator, provides mission-critical communications services to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services. It offers value-added services, such as satellite capacity, digital encoding of video channels, authorization, and uplinking and downlinking services; and occasional use services for the broadcast of video news, sports, and live event coverages. The company also provides satellite capacity and end-to-end services, including space segment services and terrestrial facilities for enterprise connectivity, and internet and cellular backhaul; and rural telephony to telecommunications carriers and network services integrators. In addition, it offers broadband communication services to maritime and aeronautical markets comprising commercial airplanes and vessels; services to the U.S. government through government service integrators, and satellite services to the Canadian government; and direct-to-consumer broadband services. Further, the company operates satellite and hybrid satellite/terrestrial networks; and communications services for the oil and gas and mining industries. Additionally, it provides satellite operator services; and consulting services related to space and earth segments, government studies, satellite control, and research and development services. The company offers its services primarily through a direct sales force. As of December 31, 2021, it operated a fleet of 14 in-orbit geostationary satellites and a Canadian payload on the ViaSat-1 satellite. The company was founded in 1969 and is headquartered in Ottawa, Canada.
Revenue of Telesat Corporation (TSAT)
Revenue in 2023 (TTM): $704.16 M
According to Telesat Corporation's latest financial reports the company's current revenue (TTM) is $704.16 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Telesat Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $704.16 M | $351.97 M | $499.61 M | $672.87 M | $157.12 M |
| 2022 | $759.17 M | $705.17 M | $523.66 M | $-30,188,000 | $-80,117,000 |
| 2021 | $758.21 M | $728 M | $635.19 M | $236.14 M | $157.76 M |
| 2020 | $820.47 M | $787.1 M | $644.03 M | $240.47 M | $244.82 M |
| 2019 | $910.89 M | $873.67 M | $778.63 M | $202.32 M | $187.2 M |
| 2018 | $902.93 M | $513.55 M | $717.11 M | $-29,880,000 | $-90,936,000 |
| 2017 | $927.41 M | $739.72 M | $733.46 M | $585.3 M | $505.04 M |
| 2016 | $930.85 M | $755.93 M | $748.65 M | $376.81 M | $292.89 M |
| 2015 | $954.91 M | $770.63 M | $764.29 M | $-178,210,000 | $-266,949,000 |
| 2014 | $922.87 M | $735.08 M | $729.62 M | $91.42 M | $13.18 M |
| 2013 | $896.9 M | $703.03 M | $688.31 M | $132.46 M | $68.08 M |
| 2012 | $845.81 M | $606.73 M | $592.57 M | $59.7 M | $24.36 M |