MARKETS / NASDAQ / TSAT
NASDAQ · COMMUNICATIONS SERVICES, NEC · MID CAP

Telesat Corporation TSAT

7 fiscal years on record · CAD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
CAD 418.0M
▼ 26.8% vs FY2024
EPS · FY25
CAD -10.61
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-25.0%
Net margin · FY25
-37.2%
Dividend coverage
Advertisement
AdSense · Leaderboard 728×90320×100
Result
CAD 418.0M
Revenue, FY2025 · full 7-year series below
Revenue Net income
0.250.50.7510.4-0.2201920222025
0.250.50.7510.4-0.2201920222025

The company lost 37 cents on every revenue dollar this year.

Per share
CAD -10.61
Diluted EPS, FY2025
EPS
4812-10.61201920222025
4812-10.61201920222025

The company pays no cash dividend.

Profitability
-25.0%
Return on equity, FY2025
ROE
8162432-25.0%201920222025
8162432-25.0%201920222025
Operating margin-72.7%
Net margin-37.2%
Return on assets-2.3%

Each CAD of equity lost 25 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
−12.6% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−18.0%
−12.6%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.01B
Shares outstanding, FY2025
0.010.01201920222025
0.010.01201920222025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
CAD 6.6B
total assets, end of FY2025
Total assetsCAD 6.6B
EquityCAD 530.8M
CashCAD 509.8M
Gross debtCAD 3.5B
Net debtCAD 3.0B
Current ratio0.25×

Net debt stands at 562% of equity.

History
7 fiscal years
Every figure from documents filed with the SEC · CAD
Metric
2025
2024
2023
2022
2021
2020
2019
Revenue CAD B
0.4
0.6
0.7
0.8
0.8
0.8
0.9
Operating income CAD B
−0.3
−0.0
0.6
0.3
0.4
0.4
0.5
EBITDA CAD B
·
·
·
·
·
·
·
Income tax CAD B
−0.1
−0.0
0.1
0.1
0.1
−0.0
0.0
Net income CAD B
−0.2
−0.1
0.2
−0.0
0.1
0.2
0.2
EPS, diluted CAD
−10.61
−6.29
11.29
−1.93
1.99
4.92
3.76
Dividend / sh CAD
·
·
·
·
·
·
·
Payout %
·
·
·
·
0
0
0
ROE %
−25.0
−12.8
27.5
−5.3
9.9
16.8
·
Shares out B
0.01
0.01
0.01
0.01
0.01
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
19 of 19
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed