Viasat (VSAT) FY2024 results: revenue $4.3 billion, up 67.6% on the year
Viasat Inc. (VSAT) reported revenue of $4.3 billion for fiscal 2024, the year ended 31 March 2024, up 67.6% on the year before. Net income was -$1.1 billion, and diluted earnings per share $-9.12. The figures are the company's own, from the 10-K it filed with the SEC on 29 May 2024.
Revenue
$4.3 billion
+67.6% on the year
FY2017FY2024
Operating margin
-20.8%
-6.1% a year earlier
FY2017FY2024
Net income
-$1.1 billion
FY2017FY2024
Diluted EPS
-$9.12
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
688
368
506
+87.1%
Capital expenditure
n/a
1,077
938
Free cash flow
n/a
-709
-433
Free cash flow margin
n/a
-27.7%
-17.9%
Cash from investing
-1,291
768
-1,130
Cash from financing
1,124
-66.1
644
Depreciation and amortisation
1,158
500
495
+131.3%
Share-based compensation
83.6
84.5
86.8
-1.0%
Diluted shares, weighted
117m
76m
73m
+54.4%
Shares outstanding at period end
126m
77m
74m
+63.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
5,025
3,824
2,634
+31.4%
Non-controlling interest
47.1
36.3
48.7
+29.8%
Debt
7,129
2,422
2,486
+194.4%
Operating lease liabilities
380
273
316
+39.1%
Other liabilities
3,748
1,175
904
+218.9%
Total liabilities and equity
16,329
7,730
6,389
+111.2%
Fixed assets
7,557
4,378
3,705
+72.6%
Goodwill
1,622
159
169
+922.9%
Intangible assets
2,544
201
236
+1,164.6%
Cash and equivalents
1,901
1,349
310
+40.9%
Receivables
678
420
312
+61.5%
Inventory
318
269
198
+18.4%
Other assets
1,709
955
1,459
+78.9%
Total assets
16,329
7,730
6,389
+111.2%
10-K for the year ended 31 March 2024, filed 29 May 2024: the filing.