Globalstar vs Ucloudlink Group
Globalstar is the larger business, with $273m of revenue in fiscal 2025 against $81.4m for Ucloudlink Group (3.4 times as much). Globalstar grew faster (9.0% against -11.1%). Ucloudlink Group kept more of each dollar of sales as profit: a net margin of 7.7% against -3.2%. Ucloudlink Group carries less debt relative to equity (25.1% against 136.0%).
| Latest fiscal year | GlobalstarGSAT, 2025 | Ucloudlink GroupUCL, 2025 |
|---|---|---|
| Revenue | $273m | $81.4m |
| Revenue growth | 9.0% | -11.1% |
| Net income | −$8.7m | $6.3m |
| Operating margin | 2.7% | 9.8% |
| Net margin | -3.2% | 7.7% |
| Return on equity | -2.4% | 25.0% |
| Free cash flow | $616m | $2.3m |
| Cash | $447m | $32.8m |
| Total debt | $484m | $7.2m |
| Debt to equity | 136.0% | 25.1% |
| Dividend per share | — | — |
| Dividend yield | 0.1% | — |
| Share buybacks | — | — |
| Employees | 477 | — |
| Market value | $10.85bn | $8.1m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 38 (Weak) | — |
| Insider trades, 12 months | 1 buys, 40 sales | 1 buys, 0 sales |