Provides satellite-based fixed broadband services to consumers and businesses. Offers in-flight entertainment and aviation software services to commercial airlines. Now — the numbers.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 18% a year over the last 4 years. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
Clearly above the class average — a step short of the very top.
There is growth, but not at top-of-the-class tempo.
The stock has been running stronger than the market lately.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
Business Quality: Profit power and business quality trail similar companies in the sector.
The stock trades 17% below its peak. The market has trimmed its expectations for the company.
Over the last 4 years, sales grew about 18% a year on average.
The company sells $4.6B a year; the problem isn’t sales — it’s costs running above that number.
A loss of $34.1M against $4.6B in annual sales.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 17/100.
Measured against its sector, the quality of the business sits below the class average. Report-card grade: 47/100.
On our five-subject report card, VSAT sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: VSAT has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.