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Globalstar, Inc.（GSAT）与KINGSWAY FINANCIAL SERVICES INC（KFS）财务数据对比。点击上方公司名可切换其他公司
Globalstar, Inc.的季度营收约是KINGSWAY FINANCIAL SERVICES INC的1.9倍（$72.0M vs $38.6M），KINGSWAY FINANCIAL SERVICES INC净利率更高（-4.1% vs -16.1%，领先12.0%），KINGSWAY FINANCIAL SERVICES INC同比增速更快（30.1% vs 17.6%），过去两年KINGSWAY FINANCIAL SERVICES INC的营收复合增速更高（21.4% vs 12.9%）
Globalstar Inc.是一家美国电信企业，运营近地轨道卫星星座，可提供卫星电话、低速数据传输及对地观测服务，其第二代卫星星座由25颗卫星组成，相关服务可覆盖全球大部分区域的通信及遥感需求。
金斯威金融服务公司是一家专业金融控股企业，主要提供财产和意外伤害保险产品，包括个人车险、商业责任险、财产险等，核心市场覆盖北美地区，服务个人消费者、小微企业主及特定商业客户群体。
GSAT vs KFS — 直观对比
营收规模更大
GSAT
是对方的1.9倍
$38.6M
营收增速更快
KFS
高出12.5%
17.6%
净利率更高
KFS
高出12.0%
-16.1%
两年增速更快
KFS
近两年复合增速
12.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $72.0M | $38.6M |
| 净利润 | $-11.6M | $-1.6M |
| 毛利率 | — | — |
| 营业利润率 | -0.5% | 0.8% |
| 净利率 | -16.1% | -4.1% |
| 营收同比 | 17.6% | 30.1% |
| 净利润同比 | 76.9% | -7.8% |
| 每股收益（稀释后） | $-0.11 | $-0.07 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GSATKFS
| Q4 25 | $72.0M | $38.6M | ||
| Q3 25 | $73.8M | $37.2M | ||
| Q2 25 | $67.1M | $30.9M | ||
| Q1 25 | $60.0M | $28.3M | ||
| Q4 24 | $61.2M | $29.6M | ||
| Q3 24 | $72.3M | $27.1M | ||
| Q2 24 | $60.4M | $26.4M | ||
| Q1 24 | $56.5M | $26.2M |
净利润GSATKFS
| Q4 25 | $-11.6M | $-1.6M | ||
| Q3 25 | $1.1M | $-2.4M | ||
| Q2 25 | $19.2M | $-3.2M | ||
| Q1 25 | $-17.3M | $-3.1M | ||
| Q4 24 | $-50.2M | $-1.5M | ||
| Q3 24 | $9.9M | $-2.3M | ||
| Q2 24 | $-9.7M | $-2.2M | ||
| Q1 24 | $-13.2M | $-2.3M |
营业利润率GSATKFS
| Q4 25 | -0.5% | 0.8% | ||
| Q3 25 | 13.8% | -2.3% | ||
| Q2 25 | 9.2% | -3.6% | ||
| Q1 25 | -14.2% | -2.5% | ||
| Q4 24 | -6.9% | 6.5% | ||
| Q3 24 | 13.0% | -2.5% | ||
| Q2 24 | -2.4% | 0.5% | ||
| Q1 24 | -8.3% | 2.9% |
净利率GSATKFS
| Q4 25 | -16.1% | -4.1% | ||
| Q3 25 | 1.5% | -6.5% | ||
| Q2 25 | 28.6% | -10.2% | ||
| Q1 25 | -28.9% | -10.9% | ||
| Q4 24 | -82.1% | -5.0% | ||
| Q3 24 | 13.7% | -8.5% | ||
| Q2 24 | -16.0% | -8.3% | ||
| Q1 24 | -23.4% | -8.9% |
每股收益（稀释后）GSATKFS
| Q4 25 | $-0.11 | $-0.07 | ||
| Q3 25 | $-0.01 | $-0.10 | ||
| Q2 25 | $0.13 | $-0.13 | ||
| Q1 25 | $-0.16 | $-0.13 | ||
| Q4 24 | $-0.57 | $-0.08 | ||
| Q3 24 | $0.00 | $-0.10 | ||
| Q2 24 | $-0.01 | $-0.08 | ||
| Q1 24 | $-0.01 | $-0.09 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $447.5M | $8.5M |
| 总债务越低越好 | $483.8M | $70.7M |
| 股东权益账面价值 | $355.7M | $15.2M |
| 总资产 | $2.3B | $231.5M |
| 负债/权益比越低杠杆越低 | 1.36× | 4.66× |
8季度趋势，按日历期对齐
现金及短期投资GSATKFS
| Q4 25 | $447.5M | $8.5M | ||
| Q3 25 | $346.3M | $9.5M | ||
| Q2 25 | $308.2M | $12.3M | ||
| Q1 25 | $241.4M | $6.5M | ||
| Q4 24 | $391.2M | $5.7M | ||
| Q3 24 | $51.9M | $6.7M | ||
| Q2 24 | $64.3M | $9.8M | ||
| Q1 24 | $59.3M | $12.3M |
总债务GSATKFS
| Q4 25 | $483.8M | $70.7M | ||
| Q3 25 | $508.6M | $70.7M | ||
| Q2 25 | $491.5M | $58.3M | ||
| Q1 25 | $502.7M | $59.5M | ||
| Q4 24 | $511.4M | $57.5M | ||
| Q3 24 | $394.4M | $58.5M | ||
| Q2 24 | $393.1M | $47.3M | ||
| Q1 24 | $398.7M | $47.1M |
股东权益GSATKFS
| Q4 25 | $355.7M | $15.2M | ||
| Q3 25 | $364.8M | $16.6M | ||
| Q2 25 | $360.9M | $17.4M | ||
| Q1 25 | $344.3M | $5.5M | ||
| Q4 24 | $358.9M | $8.4M | ||
| Q3 24 | $394.1M | $9.9M | ||
| Q2 24 | $383.0M | $20.7M | ||
| Q1 24 | $377.1M | $23.6M |
总资产GSATKFS
| Q4 25 | $2.3B | $231.5M | ||
| Q3 25 | $2.2B | $235.1M | ||
| Q2 25 | $1.9B | $207.7M | ||
| Q1 25 | $1.7B | $192.1M | ||
| Q4 24 | $1.7B | $186.6M | ||
| Q3 24 | $917.6M | $191.1M | ||
| Q2 24 | $926.2M | $192.3M | ||
| Q1 24 | $917.0M | $198.0M |
负债/权益比GSATKFS
| Q4 25 | 1.36× | 4.66× | ||
| Q3 25 | 1.39× | 4.25× | ||
| Q2 25 | 1.36× | 3.34× | ||
| Q1 25 | 1.46× | 10.91× | ||
| Q4 24 | 1.43× | 6.84× | ||
| Q3 24 | 1.00× | 5.88× | ||
| Q2 24 | 1.03× | 2.29× | ||
| Q1 24 | 1.06× | 2.00× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $175.9M | $-3.0K |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GSATKFS
| Q4 25 | $175.9M | $-3.0K | ||
| Q3 25 | $236.0M | $1.5M | ||
| Q2 25 | $157.9M | $337.0K | ||
| Q1 25 | $51.9M | $-1.8M | ||
| Q4 24 | $340.7M | $1.1M | ||
| Q3 24 | $32.0M | $368.0K | ||
| Q2 24 | $36.7M | $557.0K | ||
| Q1 24 | $29.8M | $249.0K |
自由现金流GSATKFS
| Q4 25 | — | — | ||
| Q3 25 | — | $1.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率GSATKFS
| Q4 25 | — | — | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度GSATKFS
| Q4 25 | — | — | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率GSATKFS
| Q4 25 | — | — | ||
| Q3 25 | 216.53× | — | ||
| Q2 25 | 8.22× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.23× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
KFS
| Other | $14.8M | 38% |
| Roundhouse Electric Equipment Co Inc | $9.7M | 25% |
| MLC Plumbing LLC | $5.7M | 15% |
| Systems Products International Incspi | $3.8M | 10% |
| Advanced Plumbing And Drain | $2.9M | 8% |
| Southside Plumbing | $1.7M | 4% |
