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Side-by-side financial comparison of NIP Group Inc. (NIPG) and Telesat Corp (TSAT). Click either name above to swap in a different company.

Telesat Corp is the larger business by last-quarter revenue ($73.8M vs $39.3M, roughly 1.9× NIP Group Inc.). NIP Group Inc. runs the higher net margin — -11.9% vs -119.8%, a 108.0% gap on every dollar of revenue.

NIPG vs TSAT — Head-to-Head

Bigger by revenue
TSAT
TSAT
1.9× larger
TSAT
$73.8M
$39.3M
NIPG
Higher net margin
NIPG
NIPG
108.0% more per $
NIPG
-11.9%
-119.8%
TSAT

Income Statement — Q2 FY2024 vs Q3 FY2025

Metric
NIPG
NIPG
TSAT
TSAT
Revenue
$39.3M
$73.8M
Net Profit
$-4.7M
$-88.4M
Gross Margin
6.0%
95.3%
Operating Margin
-13.0%
5.9%
Net Margin
-11.9%
-119.8%
Revenue YoY
Net Profit YoY
EPS (diluted)

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
NIPG
NIPG
TSAT
TSAT
Q3 25
$73.8M
Q2 25
$77.5M
Q1 25
$152.2M
Q2 24
$39.3M
$363.2M
Q3 23
$552.5M
Q2 23
$372.4M
Q1 23
$185.8M
Q3 22
$570.7M
Net Profit
NIPG
NIPG
TSAT
TSAT
Q3 25
$-88.4M
Q2 25
$55.1M
Q1 25
$-52.3M
Q2 24
$-4.7M
$547.4M
Q3 23
$-172.5M
Q2 23
$56.3M
Q1 23
$60.6M
Q3 22
$42.1M
Gross Margin
NIPG
NIPG
TSAT
TSAT
Q3 25
95.3%
Q2 25
95.9%
Q1 25
Q2 24
6.0%
Q3 23
Q2 23
Q1 23
Q3 22
Operating Margin
NIPG
NIPG
TSAT
TSAT
Q3 25
5.9%
Q2 25
16.8%
Q1 25
Q2 24
-13.0%
Q3 23
Q2 23
Q1 23
Q3 22
Net Margin
NIPG
NIPG
TSAT
TSAT
Q3 25
-119.8%
Q2 25
71.2%
Q1 25
-34.4%
Q2 24
-11.9%
150.7%
Q3 23
-31.2%
Q2 23
15.1%
Q1 23
32.6%
Q3 22
7.4%

Balance Sheet & Financial Strength

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

Metric
NIPG
NIPG
TSAT
TSAT
Cash + ST InvestmentsLiquidity on hand
$6.8M
$352.3M
Total DebtLower is stronger
$3.8M
Stockholders' EquityBook value
$1.6B
Total Assets
$305.3M
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NIPG
NIPG
TSAT
TSAT
Q3 25
$352.3M
Q2 25
$399.6M
Q1 25
$552.1M
Q2 24
$6.8M
$1.7B
Q3 23
$1.7B
Q2 23
$1.7B
Q1 23
$1.7B
Q3 22
$1.4B
Total Debt
NIPG
NIPG
TSAT
TSAT
Q3 25
Q2 25
Q1 25
Q2 24
$3.8M
Q3 23
Q2 23
Q1 23
Q3 22
Stockholders' Equity
NIPG
NIPG
TSAT
TSAT
Q3 25
$1.6B
Q2 25
$1.7B
Q1 25
$2.5B
Q2 24
$2.4B
Q3 23
$1.8B
Q2 23
$1.8B
Q1 23
$1.8B
Q3 22
$1.7B
Total Assets
NIPG
NIPG
TSAT
TSAT
Q3 25
$5.1B
Q2 25
$4.9B
Q1 25
$6.9B
Q2 24
$305.3M
$6.3B
Q3 23
$6.5B
Q2 23
$6.5B
Q1 23
$6.5B
Q3 22
$6.4B

Financial Flow Comparison

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

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