Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Globalstar Inc. reported a modest revenue growth of 6% year-over-year for the first quarter of 2025, reaching $60 million.</li><li>This increase was mainly attributed to the higher service revenue driven by wholesale capacity services and growth in the commercial IoT segment.</li><li>Despite the revenue increase, the adjusted EBITDA rose only slightly by 3% to $30.4 million compared to the prior year.</li></ul>

Globalstar Inc. reported a modest revenue growth of 6% year-over-year for the first quarter of 2025, reaching $60 million.This increase was mainly attributed to the higher service revenue driven by wholesale capacity services and growth in the commercial IoT segment.Despite the revenue increase, the adjusted EBITDA rose only slightly by 3% to $30.4 million compared to the prior year.

Globalstar in Talks With SpaceX? The Shocking $10B Deal That Could Reshape Satellite Tech!

Globalstar Inc.: Expansion of Terrestrial Network with XCOM RAN Technology To Become A Formidable Player In The Emerging Private Network Sector!

<ul><li>Analyzing the recent performance and strategic outlook of Globalstar Inc., several key takeaways emerge from their fourth quarter and full-year results of 2024.</li><li>The company reported a 17% increase in total revenue for the fourth quarter, totaling $61.2 million compared to $52.4 million in the previous year.</li><li>This growth was driven primarily by an 18% rise in service revenue, attributed largely to wholesale capacity and an 8% increase in Commercial IoT, propelled by a rise in both average subscribers and average revenue per user (ARPU).</li></ul>

Analyzing the recent performance and strategic outlook of Globalstar Inc., several key takeaways emerge from their fourth quarter and full-year results of 2024.The company reported a 17% increase in total revenue for the fourth quarter, totaling $61.2 million compared to $52.4 million in the previous year.This growth was driven primarily by an 18% rise in service revenue, attributed largely to wholesale capacity and an 8% increase in Commercial IoT, propelled by a rise in both average subscribers and average revenue per user (ARPU).

Can Globalstar’s Two-Way IoT Tech Disrupt Remote Asset Management Forever?

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

<ul><li>GSAT's potential for growth and value highlighted through partnership with Apple, spectrum monetization, and new leadership under CEO Paul Jacobs</li><li>Despite stock price fluctuations, now seen as a good time to invest in GSAT due to significant progress and upcoming catalysts such as Apple iOS 18/iPhone 16 launch and Investor Day</li><li>FCC renewed GSAT's spectrum exclusivity for another 15 years, rejecting SpaceX/Starlink's attempt to access the spectrum, reaffirming the company's strategic value for increased revenues and growth</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

GSAT's potential for growth and value highlighted through partnership with Apple, spectrum monetization, and new leadership under CEO Paul JacobsDespite stock price fluctuations, now seen as a good time to invest in GSAT due to significant progress and upcoming catalysts such as Apple iOS 18/iPhone 16 launch and Investor DayFCC renewed GSAT's spectrum exclusivity for another 15 years, rejecting SpaceX/Starlink's attempt to access the spectrum, reaffirming the company's strategic value for increased revenues and growthThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Globalstar Inc (8861B) - Thursday, Sep 5, 2024

<ul><li>Globalstar reported strong results for the third quarter of 2024, with notable growth in both revenue and adjusted EBITDA.</li><li>Total revenue grew by 25% from the previous year, reaching a record $72 million.</li><li>Service revenue increased by 28%, primarily driven by wholesale capacity revenue and the recognition of performance bonuses for 2023 and part of 2024.</li></ul>

Globalstar reported strong results for the third quarter of 2024, with notable growth in both revenue and adjusted EBITDA.Total revenue grew by 25% from the previous year, reaching a record $72 million.Service revenue increased by 28%, primarily driven by wholesale capacity revenue and the recognition of performance bonuses for 2023 and part of 2024.

Globalstar Inc.: Expanding Market Opportunities & Service Offerings To Redefine the Industry! - Major Drivers

United States

Globalstar, Inc. provides mobile voice and data communications services via satellite. The Company primarily provides business and recreational communications to industry, government, and individual customers located in remote areas throughout the world.

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Globalstar Inc (GSAT US)

Globalstar in Talks With SpaceX? The Shocking $10B Deal That Could Reshape Satellite Tech!

Globalstar Inc. reported a modest revenue growth of 6% year-over-year for the first quarter of 2025, reaching $60 million. This increase was...

Baptista Research

Globalstar Inc.: Expansion of Terrestrial Network with XCOM RAN Technology To Become A Formidable Player In The Emerging Private Network Sector!

Globalstar Inc. reported a modest revenue growth of 6% year-over-year for the first quarter of 2025, reaching $60 million. This increase was...

Baptista Research

Can Globalstar’s Two-Way IoT Tech Disrupt Remote Asset Management Forever?

Analyzing the recent performance and strategic outlook of Globalstar Inc., several key takeaways emerge from their fourth quarter and full-year...

Baptista Research

Globalstar Inc (8861B) - Thursday, Sep 5, 2024

GSAT's potential for growth and value highlighted through partnership with Apple, spectrum monetization, and new leadership under CEO Paul Jacobs

Value Investors Club (VIC)

Globalstar Inc.: Expanding Market Opportunities & Service Offerings To Redefine the Industry! - Major Drivers

Globalstar reported strong results for the third quarter of 2024, with notable growth in both revenue and adjusted EBITDA. Total revenue grew by...

Baptista Research

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