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Side-by-side financial comparison of Fluent, Inc. (FLNT) 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 $61.8M, roughly 1.2× Fluent, Inc.). Fluent, Inc. runs the higher net margin — -6.7% vs -16.1%, a 9.5% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -5.5%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -3.2%).
THG Fluently, formerly Language Connect, is a translation and language localisation service provided by THG Ingenuity. It provides a range of language services, including translation, interpreting, localisation, voice-overs, transcription, and multilingual search engine optimization.
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.
FLNT vs GSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.8M | $72.0M |
| Net Profit | $-4.1M | $-11.6M |
| Gross Margin | — | — |
| Operating Margin | 0.3% | -0.5% |
| Net Margin | -6.7% | -16.1% |
| Revenue YoY | -5.5% | 17.6% |
| Net Profit YoY | -20.1% | 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 | $61.8M | $72.0M | ||
| Q3 25 | $47.0M | $73.8M | ||
| Q2 25 | $44.7M | $67.1M | ||
| Q1 25 | $55.2M | $60.0M | ||
| Q4 24 | $65.4M | $61.2M | ||
| Q3 24 | $64.5M | $72.3M | ||
| Q2 24 | $58.7M | $60.4M | ||
| Q1 24 | $66.0M | $56.5M |
| Q4 25 | $-4.1M | $-11.6M | ||
| Q3 25 | $-7.6M | $1.1M | ||
| Q2 25 | $-7.2M | $19.2M | ||
| Q1 25 | $-8.3M | $-17.3M | ||
| Q4 24 | $-3.4M | $-50.2M | ||
| Q3 24 | $-7.9M | $9.9M | ||
| Q2 24 | $-11.6M | $-9.7M | ||
| Q1 24 | $-6.3M | $-13.2M |
| Q4 25 | 0.3% | -0.5% | ||
| Q3 25 | -13.4% | 13.8% | ||
| Q2 25 | -15.9% | 9.2% | ||
| Q1 25 | -12.8% | -14.2% | ||
| Q4 24 | -8.3% | -6.9% | ||
| Q3 24 | -6.0% | 13.0% | ||
| Q2 24 | -17.7% | -2.4% | ||
| Q1 24 | -6.0% | -8.3% |
| Q4 25 | -6.7% | -16.1% | ||
| Q3 25 | -16.1% | 1.5% | ||
| Q2 25 | -16.2% | 28.6% | ||
| Q1 25 | -15.0% | -28.9% | ||
| Q4 24 | -5.2% | -82.1% | ||
| Q3 24 | -12.3% | 13.7% | ||
| Q2 24 | -19.8% | -16.0% | ||
| Q1 24 | -9.5% | -23.4% |
| Q4 25 | $-0.09 | $-0.11 | ||
| Q3 25 | $-0.27 | $-0.01 | ||
| Q2 25 | $-0.30 | $0.13 | ||
| Q1 25 | $-0.39 | $-0.16 | ||
| Q4 24 | $-0.12 | $-0.57 | ||
| Q3 24 | $-0.48 | $0.00 | ||
| Q2 24 | $-0.75 | $-0.01 | ||
| Q1 24 | $-0.45 | $-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 | $12.9M | $447.5M |
| Total DebtLower is stronger | $34.6M | $483.8M |
| Stockholders' EquityBook value | $18.2M | $355.7M |
| Total Assets | $89.1M | $2.3B |
| Debt / EquityLower = less leverage | 1.90× | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.9M | $447.5M | ||
| Q3 25 | $9.2M | $346.3M | ||
| Q2 25 | $4.9M | $308.2M | ||
| Q1 25 | $4.8M | $241.4M | ||
| Q4 24 | $9.4M | $391.2M | ||
| Q3 24 | $6.6M | $51.9M | ||
| Q2 24 | $5.0M | $64.3M | ||
| Q1 24 | $11.7M | $59.3M |
| Q4 25 | $34.6M | $483.8M | ||
| Q3 25 | $26.0M | $508.6M | ||
| Q2 25 | $23.2M | $491.5M | ||
| Q1 25 | $25.6M | $502.7M | ||
| Q4 24 | $35.6M | $511.4M | ||
| Q3 24 | $37.9M | $394.4M | ||
| Q2 24 | $33.3M | $393.1M | ||
| Q1 24 | $31.0M | $398.7M |
| Q4 25 | $18.2M | $355.7M | ||
| Q3 25 | $21.6M | $364.8M | ||
| Q2 25 | $19.1M | $360.9M | ||
| Q1 25 | $22.0M | $344.3M | ||
| Q4 24 | $25.0M | $358.9M | ||
| Q3 24 | $20.0M | $394.1M | ||
| Q2 24 | $27.5M | $383.0M | ||
| Q1 24 | $28.7M | $377.1M |
| Q4 25 | $89.1M | $2.3B | ||
| Q3 25 | $76.1M | $2.2B | ||
| Q2 25 | $74.5M | $1.9B | ||
| Q1 25 | $77.5M | $1.7B | ||
| Q4 24 | $93.6M | $1.7B | ||
| Q3 24 | $77.5M | $917.6M | ||
| Q2 24 | $98.5M | $926.2M | ||
| Q1 24 | $103.6M | $917.0M |
| Q4 25 | 1.90× | 1.36× | ||
| Q3 25 | 1.21× | 1.39× | ||
| Q2 25 | 1.21× | 1.36× | ||
| Q1 25 | 1.16× | 1.46× | ||
| Q4 24 | 1.43× | 1.43× | ||
| Q3 24 | 1.90× | 1.00× | ||
| Q2 24 | 1.21× | 1.03× | ||
| Q1 24 | 1.08× | 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 | $2.8M | $175.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.8M | $175.9M | ||
| Q3 25 | $-7.3M | $236.0M | ||
| Q2 25 | $935.0K | $157.9M | ||
| Q1 25 | $2.1M | $51.9M | ||
| Q4 24 | $-2.1M | $340.7M | ||
| Q3 24 | $1.2M | $32.0M | ||
| Q2 24 | $-13.1M | $36.7M | ||
| Q1 24 | $-132.0K | $29.8M |
| Q4 25 | — | — | ||
| Q3 25 | $-7.3M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.2M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | -15.6% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 216.53× | ||
| Q2 25 | — | 8.22× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.23× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLNT
| Commerce Media Solutions | $34.7M | 56% |
| Owned And Operated | $21.3M | 34% |
| Call Solutions | $3.8M | 6% |
| Ad Parlor | $2.0M | 3% |
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
