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Side-by-side financial comparison of Globalstar, Inc. (GSAT) and Ramaco Resources, Inc. (METC). Click either name above to swap in a different company.
Ramaco Resources, Inc. is the larger business by last-quarter revenue ($121.0M vs $72.0M, roughly 1.7× Globalstar, Inc.). Ramaco Resources, Inc. runs the higher net margin — -11.0% vs -16.1%, a 5.1% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -27.7%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% CAGR vs -22.7%).
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.
Ramaco Resources, Inc. is a U.S.-based mining company focused on high-grade metallurgical coal production. It operates mining assets across the Appalachian region, supplying products to global steel manufacturing and industrial clients, with core operations centered on sustainable low-cost metallurgical coal extraction and distribution.
GSAT vs METC — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $72.0M | $121.0M |
| Net Profit | $-11.6M | $-13.3M |
| Gross Margin | — | 15.8% |
| Operating Margin | -0.5% | -12.0% |
| Net Margin | -16.1% | -11.0% |
| Revenue YoY | 17.6% | -27.7% |
| Net Profit YoY | 76.9% | -5468.2% |
| EPS (diluted) | $-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 | $72.0M | — | ||
| Q3 25 | $73.8M | $121.0M | ||
| Q2 25 | $67.1M | $153.0M | ||
| Q1 25 | $60.0M | $134.7M | ||
| Q4 24 | $61.2M | $170.9M | ||
| Q3 24 | $72.3M | $167.4M | ||
| Q2 24 | $60.4M | $155.3M | ||
| Q1 24 | $56.5M | $172.7M |
| Q4 25 | $-11.6M | — | ||
| Q3 25 | $1.1M | $-13.3M | ||
| Q2 25 | $19.2M | $-14.0M | ||
| Q1 25 | $-17.3M | $-9.5M | ||
| Q4 24 | $-50.2M | $3.9M | ||
| Q3 24 | $9.9M | $-239.0K | ||
| Q2 24 | $-9.7M | $5.5M | ||
| Q1 24 | $-13.2M | $2.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 15.8% | ||
| Q2 25 | — | 12.3% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | — | 19.5% | ||
| Q2 24 | — | 21.0% | ||
| Q1 24 | — | 19.1% |
| Q4 25 | -0.5% | — | ||
| Q3 25 | 13.8% | -12.0% | ||
| Q2 25 | 9.2% | -9.1% | ||
| Q1 25 | -14.2% | -8.9% | ||
| Q4 24 | -6.9% | 3.7% | ||
| Q3 24 | 13.0% | 1.0% | ||
| Q2 24 | -2.4% | 3.5% | ||
| Q1 24 | -8.3% | 1.9% |
| Q4 25 | -16.1% | — | ||
| Q3 25 | 1.5% | -11.0% | ||
| Q2 25 | 28.6% | -9.1% | ||
| Q1 25 | -28.9% | -7.0% | ||
| Q4 24 | -82.1% | 2.3% | ||
| Q3 24 | 13.7% | -0.1% | ||
| Q2 24 | -16.0% | 3.6% | ||
| Q1 24 | -23.4% | 1.2% |
| Q4 25 | $-0.11 | — | ||
| Q3 25 | $-0.01 | — | ||
| Q2 25 | $0.13 | — | ||
| Q1 25 | $-0.16 | — | ||
| Q4 24 | $-0.57 | $0.06 | ||
| Q3 24 | $0.00 | $-0.03 | ||
| Q2 24 | $-0.01 | $0.08 | ||
| Q1 24 | $-0.01 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $447.5M | $193.8M |
| Total DebtLower is stronger | $483.8M | $116.3M |
| Stockholders' EquityBook value | $355.7M | $526.9M |
| Total Assets | $2.3B | $849.7M |
| Debt / EquityLower = less leverage | 1.36× | 0.22× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $447.5M | — | ||
| Q3 25 | $346.3M | $193.8M | ||
| Q2 25 | $308.2M | $28.1M | ||
| Q1 25 | $241.4M | $43.5M | ||
| Q4 24 | $391.2M | $33.0M | ||
| Q3 24 | $51.9M | $22.9M | ||
| Q2 24 | $64.3M | $27.6M | ||
| Q1 24 | $59.3M | $30.5M |
| Q4 25 | $483.8M | — | ||
| Q3 25 | $508.6M | $116.3M | ||
| Q2 25 | $491.5M | — | ||
| Q1 25 | $502.7M | — | ||
| Q4 24 | $511.4M | $88.2M | ||
| Q3 24 | $394.4M | — | ||
| Q2 24 | $393.1M | — | ||
| Q1 24 | $398.7M | — |
| Q4 25 | $355.7M | — | ||
| Q3 25 | $364.8M | $526.9M | ||
| Q2 25 | $360.9M | $347.4M | ||
| Q1 25 | $344.3M | $355.2M | ||
| Q4 24 | $358.9M | $362.8M | ||
| Q3 24 | $394.1M | $361.8M | ||
| Q2 24 | $383.0M | $366.1M | ||
| Q1 24 | $377.1M | $372.3M |
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | $849.7M | ||
| Q2 25 | $1.9B | $674.6M | ||
| Q1 25 | $1.7B | $685.7M | ||
| Q4 24 | $1.7B | $674.7M | ||
| Q3 24 | $917.6M | $645.4M | ||
| Q2 24 | $926.2M | $659.2M | ||
| Q1 24 | $917.0M | $674.0M |
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.39× | 0.22× | ||
| Q2 25 | 1.36× | — | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 1.43× | 0.24× | ||
| 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 | $175.9M | $-1.4M |
| Free Cash FlowOCF − Capex | — | $-17.5M |
| FCF MarginFCF / Revenue | — | -14.5% |
| Capex IntensityCapex / Revenue | — | 13.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.9M | — | ||
| Q3 25 | $236.0M | $-1.4M | ||
| Q2 25 | $157.9M | $-4.3M | ||
| Q1 25 | $51.9M | $26.0M | ||
| Q4 24 | $340.7M | $15.7M | ||
| Q3 24 | $32.0M | $37.4M | ||
| Q2 24 | $36.7M | $34.4M | ||
| Q1 24 | $29.8M | $25.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-17.5M | ||
| Q2 25 | — | $-19.8M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $5.1M | ||
| Q3 24 | — | $25.6M | ||
| Q2 24 | — | $20.3M | ||
| Q1 24 | — | $6.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | -14.5% | ||
| Q2 25 | — | -13.0% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 15.3% | ||
| Q2 24 | — | 13.1% | ||
| Q1 24 | — | 3.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | 13.3% | ||
| Q2 25 | — | 10.2% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 9.1% | ||
| Q1 24 | — | 10.8% |
| Q4 25 | — | — | ||
| Q3 25 | 216.53× | — | ||
| Q2 25 | 8.22× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.06× | ||
| Q3 24 | 3.23× | — | ||
| Q2 24 | — | 6.21× | ||
| Q1 24 | — | 12.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
METC
| Export Coal Revenues | $73.0M | 60% |
| Domestic Coal Revenues | $48.0M | 40% |
