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Side-by-side financial comparison of First Foundation Inc. (FFWM) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $48.4M, roughly 1.5× First Foundation Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -97.9%, a 81.7% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 17.6%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -2.7%).
John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.
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.
FFWM vs GSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $48.4M | $72.0M |
| Net Profit | $-8.0M | $-11.6M |
| Gross Margin | — | — |
| Operating Margin | -97.5% | -0.5% |
| Net Margin | -97.9% | -16.1% |
| Revenue YoY | 421.7% | 17.6% |
| Net Profit YoY | 43.0% | 76.9% |
| EPS (diluted) | $-0.09 | $-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.
| Q4 25 | $48.4M | $72.0M | ||
| Q3 25 | $63.6M | $73.8M | ||
| Q2 25 | $51.4M | $67.1M | ||
| Q1 25 | $71.4M | $60.0M | ||
| Q4 24 | $9.3M | $61.2M | ||
| Q3 24 | $9.2M | $72.3M | ||
| Q2 24 | $57.5M | $60.4M | ||
| Q1 24 | $51.1M | $56.5M |
| Q4 25 | $-8.0M | $-11.6M | ||
| Q3 25 | $-146.3M | $1.1M | ||
| Q2 25 | $-7.7M | $19.2M | ||
| Q1 25 | $6.9M | $-17.3M | ||
| Q4 24 | $-14.1M | $-50.2M | ||
| Q3 24 | $-82.2M | $9.9M | ||
| Q2 24 | $3.1M | $-9.7M | ||
| Q1 24 | $793.0K | $-13.2M |
| Q4 25 | -97.5% | -0.5% | ||
| Q3 25 | -92.7% | 13.8% | ||
| Q2 25 | -21.1% | 9.2% | ||
| Q1 25 | 8.8% | -14.2% | ||
| Q4 24 | -247.7% | -6.9% | ||
| Q3 24 | -1276.7% | 13.0% | ||
| Q2 24 | 4.6% | -2.4% | ||
| Q1 24 | -0.2% | -8.3% |
| Q4 25 | -97.9% | -16.1% | ||
| Q3 25 | -230.1% | 1.5% | ||
| Q2 25 | -15.0% | 28.6% | ||
| Q1 25 | 9.7% | -28.9% | ||
| Q4 24 | -152.2% | -82.1% | ||
| Q3 24 | -896.9% | 13.7% | ||
| Q2 24 | 5.4% | -16.0% | ||
| Q1 24 | 1.6% | -23.4% |
| Q4 25 | $-0.09 | $-0.11 | ||
| Q3 25 | $-1.78 | $-0.01 | ||
| Q2 25 | $-0.09 | $0.13 | ||
| Q1 25 | $0.08 | $-0.16 | ||
| Q4 24 | $-0.24 | $-0.57 | ||
| Q3 24 | $-1.23 | $0.00 | ||
| Q2 24 | $0.05 | $-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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $447.5M |
| Total DebtLower is stronger | — | $483.8M |
| Stockholders' EquityBook value | $912.6M | $355.7M |
| Total Assets | $11.9B | $2.3B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $447.5M | ||
| Q3 25 | $1.7B | $346.3M | ||
| Q2 25 | $1.1B | $308.2M | ||
| Q1 25 | $1.0B | $241.4M | ||
| Q4 24 | $1.0B | $391.2M | ||
| Q3 24 | $1.1B | $51.9M | ||
| Q2 24 | $1.4B | $64.3M | ||
| Q1 24 | $1.6B | $59.3M |
| Q4 25 | — | $483.8M | ||
| Q3 25 | — | $508.6M | ||
| Q2 25 | — | $491.5M | ||
| Q1 25 | — | $502.7M | ||
| Q4 24 | — | $511.4M | ||
| Q3 24 | — | $394.4M | ||
| Q2 24 | — | $393.1M | ||
| Q1 24 | — | $398.7M |
| Q4 25 | $912.6M | $355.7M | ||
| Q3 25 | $917.9M | $364.8M | ||
| Q2 25 | $1.1B | $360.9M | ||
| Q1 25 | $1.1B | $344.3M | ||
| Q4 24 | $1.1B | $358.9M | ||
| Q3 24 | $1.1B | $394.1M | ||
| Q2 24 | $933.2M | $383.0M | ||
| Q1 24 | $928.7M | $377.1M |
| Q4 25 | $11.9B | $2.3B | ||
| Q3 25 | $11.9B | $2.2B | ||
| Q2 25 | $11.6B | $1.9B | ||
| Q1 25 | $12.6B | $1.7B | ||
| Q4 24 | $12.6B | $1.7B | ||
| Q3 24 | $13.4B | $917.6M | ||
| Q2 24 | $13.7B | $926.2M | ||
| Q1 24 | $13.6B | $917.0M |
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.39× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.46× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | — | 1.03× | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-31.9M | $175.9M |
| Free Cash FlowOCF − Capex | $-35.2M | — |
| FCF MarginFCF / Revenue | -72.8% | — |
| Capex IntensityCapex / Revenue | 6.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-45.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-31.9M | $175.9M | ||
| Q3 25 | $9.2M | $236.0M | ||
| Q2 25 | $-16.3M | $157.9M | ||
| Q1 25 | $-552.0K | $51.9M | ||
| Q4 24 | $-8.7M | $340.7M | ||
| Q3 24 | $14.2M | $32.0M | ||
| Q2 24 | $-9.1M | $36.7M | ||
| Q1 24 | $7.2M | $29.8M |
| Q4 25 | $-35.2M | — | ||
| Q3 25 | $8.6M | — | ||
| Q2 25 | $-16.7M | — | ||
| Q1 25 | $-2.5M | — | ||
| Q4 24 | $-11.4M | — | ||
| Q3 24 | $13.4M | — | ||
| Q2 24 | $-9.4M | — | ||
| Q1 24 | $5.9M | — |
| Q4 25 | -72.8% | — | ||
| Q3 25 | 13.5% | — | ||
| Q2 25 | -32.4% | — | ||
| Q1 25 | -3.5% | — | ||
| Q4 24 | -123.5% | — | ||
| Q3 24 | 146.2% | — | ||
| Q2 24 | -16.3% | — | ||
| Q1 24 | 11.6% | — |
| Q4 25 | 6.9% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 29.4% | — | ||
| Q3 24 | 9.0% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 2.5% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 216.53× | ||
| Q2 25 | — | 8.22× | ||
| Q1 25 | -0.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.23× | ||
| Q2 24 | -2.96× | — | ||
| Q1 24 | 9.09× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FFWM
Segment breakdown not available.
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
