공고 • Mar 05
Gmt Global Inc., Annual General Meeting, Jun 05, 2026 Gmt Global Inc., Annual General Meeting, Jun 05, 2026. Location: no,357, sec.1 yao feng rd., pusin township, changhua county Taiwan Reported Earnings • Nov 18
Third quarter 2025 earnings released: NT$0.58 loss per share (vs NT$0.04 loss in 3Q 2024) Third quarter 2025 results: NT$0.58 loss per share (further deteriorated from NT$0.04 loss in 3Q 2024). Revenue: NT$153.3m (down 13% from 3Q 2024). Net loss: NT$24.0m (loss widened NT$22.6m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.03b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 12% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.03b market cap, or US$99.4m). Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$1.64 loss per share (vs NT$0.12 profit in 2Q 2024) Second quarter 2025 results: NT$1.64 loss per share (down from NT$0.12 profit in 2Q 2024). Revenue: NT$161.0m (down 9.8% from 2Q 2024). Net loss: NT$60.6m (down NT$65.1m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 11
New major risk - Revenue and earnings growth Earnings have declined by 1.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$122m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 1.3% per year over the past 5 years. Reported Earnings • Jul 11
First quarter 2025 earnings released: NT$0.70 loss per share (vs NT$0.057 loss in 1Q 2024) First quarter 2025 results: NT$0.70 loss per share (further deteriorated from NT$0.057 loss in 1Q 2024). Revenue: NT$125.5m (down 17% from 1Q 2024). Net loss: NT$25.6m (loss widened NT$23.5m from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 19
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 64% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.20b market cap, or US$72.8m). Reported Earnings • Apr 23
Full year 2024 earnings released: EPS: NT$0.01 (vs NT$2.67 loss in FY 2023) Full year 2024 results: EPS: NT$0.01 (up from NT$2.67 loss in FY 2023). Revenue: NT$623.2m (up 53% from FY 2023). Net income: NT$391.0k (up NT$98.3m from FY 2023). Profit margin: 0.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. 공고 • Mar 20
Gmt Global Inc., Annual General Meeting, Jun 11, 2025 Gmt Global Inc., Annual General Meeting, Jun 11, 2025. Location: no,357, sec.1 yao feng rd., pusin township, changhua county Taiwan New Risk • Feb 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$118m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 11% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (NT$2.55b market cap, or US$77.8m). New Risk • May 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$86m free cash flow). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 30% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$866.0m market cap, or US$26.7m). Reported Earnings • Apr 28
Full year 2023 earnings released: NT$2.67 loss per share (vs NT$1.11 loss in FY 2022) Full year 2023 results: NT$2.67 loss per share (further deteriorated from NT$1.11 loss in FY 2022). Revenue: NT$407.9m (down 25% from FY 2022). Net loss: NT$97.9m (loss widened 166% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. 공고 • Mar 26
Gmt Global Inc., Annual General Meeting, Jun 12, 2024 Gmt Global Inc., Annual General Meeting, Jun 12, 2024. New Risk • Feb 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (NT$537.6m market cap, or US$17.0m). New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (NT$445.9m market cap, or US$14.2m). Reported Earnings • Apr 26
Full year 2022 earnings released: NT$1.11 loss per share (vs NT$1.36 loss in FY 2021) Full year 2022 results: NT$1.11 loss per share (improved from NT$1.36 loss in FY 2021). Revenue: NT$544.5m (up 4.7% from FY 2021). Net loss: NT$36.9m (loss narrowed 17% from FY 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
Full year 2021 earnings released: NT$1.36 loss per share (vs NT$0.13 profit in FY 2020) Full year 2021 results: NT$1.36 loss per share (down from NT$0.13 profit in FY 2020). Revenue: NT$519.8m (up 1.4% from FY 2020). Net loss: NT$44.6m (down NT$48.4m from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 20% share price gain to NT$27.40, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total loss to shareholders of 37% over the past three years. Reported Earnings • Aug 18
First half 2021 earnings released: EPS NT$0.05 (vs NT$0.44 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$272.0m (up 18% from 1H 2020). Net income: NT$1.75m (up NT$14.9m from 1H 2020). Profit margin: 0.6% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
Full year 2020 earnings released: EPS NT$0.13 (vs NT$3.27 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$512.9m (down 2.9% from FY 2019). Net income: NT$3.86m (up NT$99.4m from FY 2019). Profit margin: 0.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Is New 90 Day High Low • Mar 16
New 90-day high: NT$38.60 The company is up 26% from a price of NT$30.60 on 16 December 2020. Outperformed the Taiwanese market which is up 15% over the last 90 days. Exceeded the Machinery industry, which is up 15% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: NT$37.65 The company is up 63% from its price of NT$23.15 on 30 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 25% over the same period. Is New 90 Day High Low • Jan 12
New 90-day high: NT$34.15 The company is up 42% from its price of NT$24.00 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 23% over the same period. Is New 90 Day High Low • Nov 28
New 90-day high: NT$27.45 The company is up 10.0% from its price of NT$25.00 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 27
New 90-day low: NT$23.00 The company is down 9.0% from its price of NT$25.20 on 29 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 8.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day low: NT$24.60 The company is down 6.0% from its price of NT$26.15 on 02 July 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% over the same period.