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Side-by-side financial comparison of Telesat Corp (TSAT) and Twin Hospitality Group Inc. (TWNP). Click either name above to swap in a different company.
Twin Hospitality Group Inc. is the larger business by last-quarter revenue ($82.3M vs $73.8M, roughly 1.1× Telesat Corp). Twin Hospitality Group Inc. runs the higher net margin — -29.7% vs -119.8%, a 90.1% gap on every dollar of revenue.
Telesat, formerly Telesat Canada, is a Canadian satellite communications company founded on May 2, 1969. The company is headquartered in Ottawa.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
TSAT vs TWNP — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $73.8M | $82.3M |
| Net Profit | $-88.4M | $-24.5M |
| Gross Margin | 95.3% | — |
| Operating Margin | 5.9% | -16.2% |
| Net Margin | -119.8% | -29.7% |
| Revenue YoY | — | — |
| Net Profit YoY | — | — |
| EPS (diluted) | — | $-0.43 |
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.
| Q3 25 | $73.8M | $82.3M | ||
| Q2 25 | $77.5M | $87.8M | ||
| Q1 25 | $152.2M | $87.1M | ||
| Q2 24 | $363.2M | — | ||
| Q3 23 | $552.5M | — | ||
| Q2 23 | $372.4M | — | ||
| Q1 23 | $185.8M | — | ||
| Q3 22 | $570.7M | — |
| Q3 25 | $-88.4M | $-24.5M | ||
| Q2 25 | $55.1M | $-20.8M | ||
| Q1 25 | $-52.3M | $-12.1M | ||
| Q2 24 | $547.4M | — | ||
| Q3 23 | $-172.5M | — | ||
| Q2 23 | $56.3M | — | ||
| Q1 23 | $60.6M | — | ||
| Q3 22 | $42.1M | — |
| Q3 25 | 95.3% | — | ||
| Q2 25 | 95.9% | — | ||
| Q1 25 | — | — | ||
| Q2 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — |
| Q3 25 | 5.9% | -16.2% | ||
| Q2 25 | 16.8% | -13.2% | ||
| Q1 25 | — | -1.2% | ||
| Q2 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — |
| Q3 25 | -119.8% | -29.7% | ||
| Q2 25 | 71.2% | -23.7% | ||
| Q1 25 | -34.4% | -13.9% | ||
| Q2 24 | 150.7% | — | ||
| Q3 23 | -31.2% | — | ||
| Q2 23 | 15.1% | — | ||
| Q1 23 | 32.6% | — | ||
| Q3 22 | 7.4% | — |
| Q3 25 | — | $-0.43 | ||
| Q2 25 | — | $-0.38 | ||
| Q1 25 | — | $-0.26 | ||
| Q2 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $352.3M | — |
| Total DebtLower is stronger | — | $402.8M |
| Stockholders' EquityBook value | $1.6B | $-92.1M |
| Total Assets | $5.1B | $516.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $352.3M | — | ||
| Q2 25 | $399.6M | — | ||
| Q1 25 | $552.1M | — | ||
| Q2 24 | $1.7B | — | ||
| Q3 23 | $1.7B | — | ||
| Q2 23 | $1.7B | — | ||
| Q1 23 | $1.7B | — | ||
| Q3 22 | $1.4B | — |
| Q3 25 | — | $402.8M | ||
| Q2 25 | — | $411.3M | ||
| Q1 25 | — | $413.0M | ||
| Q2 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — |
| Q3 25 | $1.6B | $-92.1M | ||
| Q2 25 | $1.7B | $-78.6M | ||
| Q1 25 | $2.5B | $-101.9M | ||
| Q2 24 | $2.4B | — | ||
| Q3 23 | $1.8B | — | ||
| Q2 23 | $1.8B | — | ||
| Q1 23 | $1.8B | — | ||
| Q3 22 | $1.7B | — |
| Q3 25 | $5.1B | $516.8M | ||
| Q2 25 | $4.9B | $535.1M | ||
| Q1 25 | $6.9B | $544.2M | ||
| Q2 24 | $6.3B | — | ||
| Q3 23 | $6.5B | — | ||
| Q2 23 | $6.5B | — | ||
| Q1 23 | $6.5B | — | ||
| Q3 22 | $6.4B | — |
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 | — | $-5.9M |
| Free Cash FlowOCF − Capex | — | $-7.4M |
| FCF MarginFCF / Revenue | — | -9.0% |
| Capex IntensityCapex / Revenue | — | 1.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $-5.9M | ||
| Q2 25 | — | $-8.8M | ||
| Q1 25 | — | $-5.7M | ||
| Q2 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — |
| Q3 25 | — | $-7.4M | ||
| Q2 25 | — | $-10.6M | ||
| Q1 25 | — | $-9.7M | ||
| Q2 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — |
| Q3 25 | — | -9.0% | ||
| Q2 25 | — | -12.1% | ||
| Q1 25 | — | -11.2% | ||
| Q2 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — |
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 4.6% | ||
| Q2 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
