Loral Space & Communications is a satellite communications company. Loral owns 62.7 percent of Telesat Canada, a global operator of telecommunications and direct broadcast satellites used to distribute video entertainment programming, broadband data, and provide access to Internet services and other value-added communications services.
Company profile
Ticker
LORL
Website
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
LORAL SPACE & COMMUNICATIONS LTD
SEC CIK
Corporate docs
Subsidiaries
Loral Skynet Corporation • Loral Satmex LLC • Loral Holdings LLC • Loral Global Services N.V. • Loral Holdings Corporation • 4440480 Canada Inc. • 4440498 Canada Inc. • Lion Combination Sub Corporation ...
IRS number
870748324
Latest filings (excl ownership)
15-12B
Securities registration termination
29 Nov 21
EFFECT
Notice of effectiveness
23 Nov 21
EFFECT
Notice of effectiveness
23 Nov 21
EFFECT
Notice of effectiveness
23 Nov 21
EFFECT
Notice of effectiveness
23 Nov 21
EFFECT
Notice of effectiveness
23 Nov 21
EFFECT
Notice of effectiveness
23 Nov 21
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Nov 21
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Nov 21
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Nov 21
Transcripts
Earnings call transcript
2022 Q2
5 Aug 22
Earnings call transcript
2022 Q1
7 May 22
Earnings call transcript
2021 Q4
18 Mar 22
Earnings call transcript
2020 Q3
1 Nov 20
Earnings call transcript
2020 Q3
1 Nov 20
Earnings call transcript
2020 Q3
1 Nov 20
Earnings call transcript
2019 Q2
4 Aug 19
Earnings call transcript
2019 Q1
4 May 19
Earnings call transcript
2018 Q4
1 Mar 19
Earnings call transcript
2018 Q3
4 Nov 18
Latest ownership filings
4
MARK H MD RACHESKY
22 Nov 21
4
JOHN D HARKEY JR
22 Nov 21
4
JOHN P STENBIT
22 Nov 21
4
John Capogrossi
22 Nov 21
4
JANET T YEUNG
22 Nov 21
4
ARTHUR L SIMON
22 Nov 21
4
MICHAEL B TARGOFF
22 Nov 21
SC 13D/A
MHR FUND MANAGEMENT LLC
22 Nov 21
SC 13D/A
GAMCO INVESTORS, INC. ET AL
22 Nov 21
SC 13D/A
GAMCO INVESTORS, INC. ET AL
12 Oct 21
Financial summary
| Quarter (USD) | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Operating income | |||||
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| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 20.29 mm | 20.29 mm | 20.29 mm | 20.29 mm | 20.29 mm | 20.29 mm |
| Cash burn (monthly) | 1.08 mm | 5.28 mm | 2.92 mm | 1.16 mm | 1.08 mm | 1.42 mm |
| Cash used (since last report) | 19.41 mm | 94.80 mm | 52.31 mm | 20.81 mm | 19.41 mm | 25.42 mm |
| Cash remaining | 880.94 k | -74.51 mm | -32.02 mm | -520.16 k | 880.94 k | -5.13 mm |
| Runway (months of cash) | 0.8 | -14.1 | -11.0 | -0.4 | 0.8 | -3.6 |
Institutional ownership, Q4 2021
0.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 96 |
| Increased positions | 0 |
| Reduced positions | 1 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 11.00 |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Gamco Investors | 11.00 | $0.00 |
| MHR Fund Management | 0.00 | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 19 Nov 21 | Michael B Targoff | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 24,533 | 0.00 | 0 |
| 19 Nov 21 | Michael B Targoff | Common Stock | Sale back to company | Dispose D | No | No | 0 | 81,872 | 0.00 | 0 |
| 19 Nov 21 | Arthur L Simon | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 1,893 | 0.00 | 0 |
| 19 Nov 21 | Arthur L Simon | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 15,877 | 0.00 | 0 |
| 19 Nov 21 | Janet T Yeung | Common Stock | Sale back to company | Dispose D | No | No | 0 | 13,885 | 0.00 | 0 |
| 19 Nov 21 | John Capogrossi | Common Stock | Sale back to company | Dispose D | No | No | 0 | 7,803 | 0.00 | 0 |
| 19 Nov 21 | John P Stenbit | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 6,000 | 0.00 | 0 |
| 19 Nov 21 | John P Stenbit | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 18,452 | 0.00 | 0 |