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Side-by-side financial comparison of Telesat Corp (TSAT) and Uni-Fuels Holdings Ltd (UFG). Click either name above to swap in a different company.

Uni-Fuels Holdings Ltd is the larger business by last-quarter revenue ($114.6M vs $73.8M, roughly 1.6× Telesat Corp). Uni-Fuels Holdings Ltd runs the higher net margin — 0.1% vs -119.8%, a 119.9% 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.

Uni-Fuels Holdings Ltd is an Australian energy company focused on the distribution and retail of petroleum products including gasoline, diesel and marine fuels, serving consumer, commercial and industrial clients across Oceania, with a network of retail fuel stations and bulk fuel supply infrastructure.

TSAT vs UFG — Head-to-Head

Bigger by revenue
UFG
UFG
1.6× larger
UFG
$114.6M
$73.8M
TSAT
Higher net margin
UFG
UFG
119.9% more per $
UFG
0.1%
-119.8%
TSAT

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
TSAT
TSAT
UFG
UFG
Revenue
$73.8M
$114.6M
Net Profit
$-88.4M
$91.0K
Gross Margin
95.3%
1.8%
Operating Margin
5.9%
0.2%
Net Margin
-119.8%
0.1%
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
TSAT
TSAT
UFG
UFG
Q3 25
$73.8M
Q2 25
$77.5M
$114.6M
Q1 25
$152.2M
Q2 24
$363.2M
Q3 23
$552.5M
Q2 23
$372.4M
Q1 23
$185.8M
Q3 22
$570.7M
Net Profit
TSAT
TSAT
UFG
UFG
Q3 25
$-88.4M
Q2 25
$55.1M
$91.0K
Q1 25
$-52.3M
Q2 24
$547.4M
Q3 23
$-172.5M
Q2 23
$56.3M
Q1 23
$60.6M
Q3 22
$42.1M
Gross Margin
TSAT
TSAT
UFG
UFG
Q3 25
95.3%
Q2 25
95.9%
1.8%
Q1 25
Q2 24
Q3 23
Q2 23
Q1 23
Q3 22
Operating Margin
TSAT
TSAT
UFG
UFG
Q3 25
5.9%
Q2 25
16.8%
0.2%
Q1 25
Q2 24
Q3 23
Q2 23
Q1 23
Q3 22
Net Margin
TSAT
TSAT
UFG
UFG
Q3 25
-119.8%
Q2 25
71.2%
0.1%
Q1 25
-34.4%
Q2 24
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
TSAT
TSAT
UFG
UFG
Cash + ST InvestmentsLiquidity on hand
$352.3M
$6.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.6B
$12.3M
Total Assets
$5.1B
$30.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TSAT
TSAT
UFG
UFG
Q3 25
$352.3M
Q2 25
$399.6M
$6.8M
Q1 25
$552.1M
Q2 24
$1.7B
Q3 23
$1.7B
Q2 23
$1.7B
Q1 23
$1.7B
Q3 22
$1.4B
Stockholders' Equity
TSAT
TSAT
UFG
UFG
Q3 25
$1.6B
Q2 25
$1.7B
$12.3M
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
TSAT
TSAT
UFG
UFG
Q3 25
$5.1B
Q2 25
$4.9B
$30.9M
Q1 25
$6.9B
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
TSAT
TSAT
UFG
UFG
Operating Cash FlowLast quarter
$-4.7M
Free Cash FlowOCF − Capex
$-4.7M
FCF MarginFCF / Revenue
-4.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-51.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TSAT
TSAT
UFG
UFG
Q3 25
Q2 25
$-4.7M
Q1 25
Q2 24
Q3 23
Q2 23
Q1 23
Q3 22
Free Cash Flow
TSAT
TSAT
UFG
UFG
Q3 25
Q2 25
$-4.7M
Q1 25
Q2 24
Q3 23
Q2 23
Q1 23
Q3 22
FCF Margin
TSAT
TSAT
UFG
UFG
Q3 25
Q2 25
-4.1%
Q1 25
Q2 24
Q3 23
Q2 23
Q1 23
Q3 22
Capex Intensity
TSAT
TSAT
UFG
UFG
Q3 25
Q2 25
0.0%
Q1 25
Q2 24
Q3 23
Q2 23
Q1 23
Q3 22
Cash Conversion
TSAT
TSAT
UFG
UFG
Q3 25
Q2 25
-51.96×
Q1 25
Q2 24
Q3 23
Q2 23
Q1 23
Q3 22

Financial Flow Comparison

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

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