Audiocodes vs Telesat
Telesat is the larger business, with $299m of revenue in fiscal 2025 against $246m for Audiocodes (1.2 times as much). Audiocodes grew faster (1.4% against -28.2%). Audiocodes kept more of each dollar of sales as profit: a net margin of 3.6% against -37.2%. Audiocodes carries less debt relative to equity (0.0% against 658.2%).
| Latest fiscal year | AudiocodesAUDC, 2025 | TelesatTSAT, 2025 |
|---|---|---|
| Revenue | $246m | $299m |
| Revenue growth | 1.4% | -28.2% |
| Net income | $9.0m | −$111m |
| Operating margin | 5.7% | -72.7% |
| Net margin | 3.6% | -37.2% |
| Return on equity | 4.9% | -25.3% |
| Free cash flow | $22.9m | −$52.9m |
| Cash | $45.3m | $372m |
| Total debt | $0 | $2.55bn |
| Debt to equity | 0.0% | 658.2% |
| Dividend per share | — | — |
| Dividend yield | 3.8% | — |
| Share buybacks | $30.6m | — |
| Employees | — | — |
| Market value | $288m | $554m |
| Price vs our value range | Above our value range | — |
| Moat score | 49 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 16 sales | 0 buys, 0 sales |