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Side-by-side financial comparison of DMC Global Inc. (BOOM) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.

DMC Global Inc. is the larger business by last-quarter revenue ($143.5M vs $72.0M, roughly 2.0× Globalstar, Inc.). DMC Global Inc. runs the higher net margin — -7.8% vs -16.1%, a 8.4% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -5.8%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -7.3%).

DMC Mining Services is a mining services contractor founded in 1980 operating in Canada, the United States, Chile, and Mongolia

Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites.

BOOM vs GSAT — Head-to-Head

Bigger by revenue
BOOM
BOOM
2.0× larger
BOOM
$143.5M
$72.0M
GSAT
Growing faster (revenue YoY)
GSAT
GSAT
+23.4% gap
GSAT
17.6%
-5.8%
BOOM
Higher net margin
BOOM
BOOM
8.4% more per $
BOOM
-7.8%
-16.1%
GSAT
Faster 2-yr revenue CAGR
GSAT
GSAT
Annualised
GSAT
12.9%
-7.3%
BOOM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BOOM
BOOM
GSAT
GSAT
Revenue
$143.5M
$72.0M
Net Profit
$-11.2M
$-11.6M
Gross Margin
17.1%
Operating Margin
-7.8%
-0.5%
Net Margin
-7.8%
-16.1%
Revenue YoY
-5.8%
17.6%
Net Profit YoY
-3871.6%
76.9%
EPS (diluted)
$-0.60
$-0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOOM
BOOM
GSAT
GSAT
Q4 25
$143.5M
$72.0M
Q3 25
$151.5M
$73.8M
Q2 25
$155.5M
$67.1M
Q1 25
$159.3M
$60.0M
Q4 24
$152.4M
$61.2M
Q3 24
$152.4M
$72.3M
Q2 24
$171.2M
$60.4M
Q1 24
$166.9M
$56.5M
Net Profit
BOOM
BOOM
GSAT
GSAT
Q4 25
$-11.2M
$-11.6M
Q3 25
$-3.1M
$1.1M
Q2 25
$116.0K
$19.2M
Q1 25
$677.0K
$-17.3M
Q4 24
$296.0K
$-50.2M
Q3 24
$-101.3M
$9.9M
Q2 24
$4.0M
$-9.7M
Q1 24
$2.6M
$-13.2M
Gross Margin
BOOM
BOOM
GSAT
GSAT
Q4 25
17.1%
Q3 25
21.7%
Q2 25
23.6%
Q1 25
25.9%
Q4 24
20.8%
Q3 24
19.8%
Q2 24
27.1%
Q1 24
25.4%
Operating Margin
BOOM
BOOM
GSAT
GSAT
Q4 25
-7.8%
-0.5%
Q3 25
0.4%
13.8%
Q2 25
2.5%
9.2%
Q1 25
4.1%
-14.2%
Q4 24
-0.5%
-6.9%
Q3 24
-97.7%
13.0%
Q2 24
6.8%
-2.4%
Q1 24
4.0%
-8.3%
Net Margin
BOOM
BOOM
GSAT
GSAT
Q4 25
-7.8%
-16.1%
Q3 25
-2.0%
1.5%
Q2 25
0.1%
28.6%
Q1 25
0.4%
-28.9%
Q4 24
0.2%
-82.1%
Q3 24
-66.5%
13.7%
Q2 24
2.3%
-16.0%
Q1 24
1.5%
-23.4%
EPS (diluted)
BOOM
BOOM
GSAT
GSAT
Q4 25
$-0.60
$-0.11
Q3 25
$-0.10
$-0.01
Q2 25
$-0.24
$0.13
Q1 25
$0.04
$-0.16
Q4 24
$-0.18
$-0.57
Q3 24
$-8.27
$0.00
Q2 24
$0.24
$-0.01
Q1 24
$0.01
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOOM
BOOM
GSAT
GSAT
Cash + ST InvestmentsLiquidity on hand
$31.9M
$447.5M
Total DebtLower is stronger
$50.6M
$483.8M
Stockholders' EquityBook value
$242.1M
$355.7M
Total Assets
$635.8M
$2.3B
Debt / EquityLower = less leverage
0.21×
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOOM
BOOM
GSAT
GSAT
Q4 25
$31.9M
$447.5M
Q3 25
$26.4M
$346.3M
Q2 25
$12.4M
$308.2M
Q1 25
$14.7M
$241.4M
Q4 24
$14.3M
$391.2M
Q3 24
$14.5M
$51.9M
Q2 24
$14.6M
$64.3M
Q1 24
$20.4M
$59.3M
Total Debt
BOOM
BOOM
GSAT
GSAT
Q4 25
$50.6M
$483.8M
Q3 25
$56.5M
$508.6M
Q2 25
$58.7M
$491.5M
Q1 25
$72.4M
$502.7M
Q4 24
$70.8M
$511.4M
Q3 24
$74.2M
$394.4M
Q2 24
$84.1M
$393.1M
Q1 24
$88.0M
$398.7M
Stockholders' Equity
BOOM
BOOM
GSAT
GSAT
Q4 25
$242.1M
$355.7M
Q3 25
$253.0M
$364.8M
Q2 25
$253.9M
$360.9M
Q1 25
$253.9M
$344.3M
Q4 24
$251.0M
$358.9M
Q3 24
$256.5M
$394.1M
Q2 24
$416.0M
$383.0M
Q1 24
$409.9M
$377.1M
Total Assets
BOOM
BOOM
GSAT
GSAT
Q4 25
$635.8M
$2.3B
Q3 25
$644.1M
$2.2B
Q2 25
$645.0M
$1.9B
Q1 25
$670.6M
$1.7B
Q4 24
$671.3M
$1.7B
Q3 24
$702.0M
$917.6M
Q2 24
$869.5M
$926.2M
Q1 24
$860.0M
$917.0M
Debt / Equity
BOOM
BOOM
GSAT
GSAT
Q4 25
0.21×
1.36×
Q3 25
0.22×
1.39×
Q2 25
0.23×
1.36×
Q1 25
0.29×
1.46×
Q4 24
0.28×
1.43×
Q3 24
0.29×
1.00×
Q2 24
0.20×
1.03×
Q1 24
0.21×
1.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOOM
BOOM
GSAT
GSAT
Operating Cash FlowLast quarter
$15.2M
$175.9M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
6.7%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$37.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOOM
BOOM
GSAT
GSAT
Q4 25
$15.2M
$175.9M
Q3 25
$18.6M
$236.0M
Q2 25
$15.2M
$157.9M
Q1 25
$4.5M
$51.9M
Q4 24
$11.8M
$340.7M
Q3 24
$19.0M
$32.0M
Q2 24
$2.3M
$36.7M
Q1 24
$13.4M
$29.8M
Free Cash Flow
BOOM
BOOM
GSAT
GSAT
Q4 25
$9.6M
Q3 25
$14.4M
Q2 25
$12.3M
Q1 25
$709.0K
Q4 24
$6.1M
Q3 24
$12.9M
Q2 24
$-204.0K
Q1 24
$10.5M
FCF Margin
BOOM
BOOM
GSAT
GSAT
Q4 25
6.7%
Q3 25
9.5%
Q2 25
7.9%
Q1 25
0.4%
Q4 24
4.0%
Q3 24
8.5%
Q2 24
-0.1%
Q1 24
6.3%
Capex Intensity
BOOM
BOOM
GSAT
GSAT
Q4 25
3.9%
Q3 25
2.8%
Q2 25
1.9%
Q1 25
2.4%
Q4 24
3.7%
Q3 24
4.0%
Q2 24
1.5%
Q1 24
1.8%
Cash Conversion
BOOM
BOOM
GSAT
GSAT
Q4 25
Q3 25
216.53×
Q2 25
131.43×
8.22×
Q1 25
6.63×
Q4 24
39.90×
Q3 24
3.23×
Q2 24
0.58×
Q1 24
5.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BOOM
BOOM

Dyna Energetics Segment$68.9M48%
Other$57.0M40%
Nobel Clad Segment$17.7M12%

GSAT
GSAT

Services$67.4M94%
Products$4.6M6%

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