---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-160753"
form_type: "8-K/A"
ticker: "VSAT"
cik: "0000797721"
company_name: "VIASAT INC"
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:43:27.479637+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Viasat files Inmarsat FY2022 audited financials; revenue $1.47B, net income $48M

## Summary
- Inmarsat 2022 revenue $1,474.1M (up 9% YoY from $1,352.4M); operating profit $251.3M (up from $104.2M).
- Net profit $48.4M vs. net loss of $176.5M in 2021; turned profitable on improved revenue and lower impairment.
- Total assets $6,902M, net assets $878.5M; cash & equivalents $234.2M; borrowings $3,648.3M as of Dec 31, 2022.
- Viasat paid $550.7M cash + 46.36M shares for Inmarsat, closed May 30, 2023; pro forma financials included.
- Deloitte LLP issued unqualified audit opinion on Inmarsat's 2022 consolidated financial statements.

## SEC filing metadata
- accession: 0001193125-23-160753
- form_type: 8-K/A
- ticker: VSAT
- cik: 0000797721
- company_name: VIASAT INC
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797721/000119312523160753/0001193125-23-160753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797721/000119312523160753/d177888d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-160753
- JSON: https://secwatch.observer/filing/0001193125-23-160753.json
- Plain text: https://secwatch.observer/filing/0001193125-23-160753.txt

## Key facts
- M&A Transactions
  VIASAT INC completed an acquisition involving Connect Topco Limited (Inmarsat) for cash consideration equal to $550.7 million, subject to adjustments, and approximately 46.36 million unregistered shares of common stock, par value $0.0001 per s (closed 2023-05-30).
  - Action: acquisition
  - Counterparty: Connect Topco Limited (Inmarsat)
  - Consideration: cash consideration equal to $550.7 million, subject to adjustments, and approximately 46.36 million unregistered shares of common stock, par value $0.0001 per s
  - Closing: 2023-05-30
  source text: On June 2, 2023, Viasat, Inc., a Delaware corporation (“ Viasat ”), filed with the Securities and Exchange Commission a Current Report on Form 8-K (the “ Initial Form 8-K ”) disclosing that on May 30, 2023, Viasat purchased all of the issued and outstanding shares of Connect Topco Limited, a private company limited by shares and incorporated in Guernsey (“ Inmarsat ”), pursuant to the previously announced Share Purchase Agreement, dated as of November 8, 2021, by and among Viasat, the shareholders of Inmarsat and the other parties thereto, in exchange for (i) cash consideration equal to $550.7 million, subject to adjustments, and (ii) approximately 46.36 million unregistered shares of common stock, par value $0.0001 per share, of Viasat, upon the terms and subject to the conditions set forth therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/797721/000119312523160753/0001193125-23-160753-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.