Globex Mining Enterprises Past Earnings Performance
Past criteria checks 4/6
Globex Mining Enterprises's earnings have been declining at an average annual rate of -3.6%, while the Metals and Mining industry saw earnings growing at 22.7% annually. Revenues have been growing at an average rate of 2.9% per year. Globex Mining Enterprises's return on equity is 7.7%, and it has net margins of 54.6%.
Key information
-3.6%
Earnings growth rate
-3.5%
EPS growth rate
Metals and Mining Industry Growth | 27.4% |
Revenue growth rate | 2.9% |
Return on equity | 7.7% |
Net Margin | 54.6% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Statutory Profit Doesn't Reflect How Good Globex Mining Enterprises' (TSE:GMX) Earnings Are
Apr 01A Look At The Fair Value Of Globex Mining Enterprises Inc. (TSE:GMX)
Aug 30Do Globex Mining Enterprises's (TSE:GMX) Earnings Warrant Your Attention?
Feb 16Are Strong Financial Prospects The Force That Is Driving The Momentum In Globex Mining Enterprises Inc.'s TSE:GMX) Stock?
Feb 05We're Not So Sure You Should Rely on Globex Mining Enterprises's (TSE:GMX) Statutory Earnings
Dec 28A Look At The Fair Value Of Globex Mining Enterprises Inc. (TSE:GMX)
Dec 01Revenue & Expenses Breakdown
How Globex Mining Enterprises makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 5 | 3 | 4 | 0 |
31 Mar 24 | 4 | 1 | 4 | 0 |
31 Dec 23 | 4 | 1 | 3 | 0 |
30 Sep 23 | 1 | -2 | 4 | 0 |
30 Jun 23 | 2 | 1 | 4 | 0 |
31 Mar 23 | 2 | -3 | 4 | 0 |
31 Dec 22 | 2 | -4 | 4 | 0 |
30 Sep 22 | 12 | -1 | 5 | 0 |
30 Jun 22 | 30 | 12 | 5 | 0 |
31 Mar 22 | 35 | 23 | 4 | 0 |
31 Dec 21 | 35 | 24 | 4 | 0 |
30 Sep 21 | 26 | 18 | 4 | 0 |
30 Jun 21 | 13 | 13 | 3 | 0 |
31 Mar 21 | 8 | 7 | 3 | 0 |
31 Dec 20 | 7 | 6 | 3 | 0 |
30 Sep 20 | 7 | 7 | 3 | 0 |
30 Jun 20 | 1 | -1 | 3 | 0 |
31 Mar 20 | 2 | -1 | 3 | 0 |
31 Dec 19 | 2 | -1 | 3 | 0 |
30 Sep 19 | 3 | 0 | 3 | 0 |
30 Jun 19 | 3 | 0 | 3 | 0 |
31 Mar 19 | 2 | -1 | 3 | 0 |
31 Dec 18 | 3 | 0 | 3 | 0 |
30 Sep 18 | 4 | 1 | 3 | 0 |
30 Jun 18 | 4 | 1 | 3 | 0 |
31 Mar 18 | 4 | 1 | 3 | 0 |
31 Dec 17 | 4 | 1 | 3 | 0 |
30 Sep 17 | 3 | -1 | 4 | 0 |
30 Jun 17 | 3 | -1 | 4 | 0 |
31 Mar 17 | 3 | 0 | 3 | 0 |
31 Dec 16 | 2 | -1 | 3 | 0 |
30 Sep 16 | 1 | -2 | 1 | 0 |
30 Jun 16 | 1 | -3 | 1 | 0 |
31 Mar 16 | 1 | -3 | 1 | 0 |
31 Dec 15 | 1 | -2 | 1 | 0 |
30 Sep 15 | 2 | -5 | 1 | 0 |
30 Jun 15 | 2 | -4 | 1 | 0 |
31 Mar 15 | 1 | -5 | 1 | 0 |
31 Dec 14 | 1 | -5 | 1 | 0 |
30 Sep 14 | 1 | -3 | 1 | 0 |
30 Jun 14 | 1 | -2 | 2 | 0 |
31 Mar 14 | 1 | -1 | 1 | 0 |
31 Dec 13 | 1 | -1 | 2 | 0 |
30 Sep 13 | 1 | 5 | 2 | 0 |
Quality Earnings: GMX has a large one-off loss of CA$1.1M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: GMX's current net profit margins (54.6%) are higher than last year (29.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GMX has become profitable over the past 5 years, growing earnings by -3.6% per year.
Accelerating Growth: GMX's earnings growth over the past year (390.1%) exceeds its 5-year average (-3.6% per year).
Earnings vs Industry: GMX earnings growth over the past year (390.1%) exceeded the Metals and Mining industry 10.4%.
Return on Equity
High ROE: GMX's Return on Equity (7.7%) is considered low.