Globe Trade Centre Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St

May 01, 2025

Globe Trade Centre (WSE:GTC) Full Year 2024 Results

Key Financial Results

Revenue: €187.5m (up 2.2% from FY 2023).
Net income: €50.9m (up 385% from FY 2023).
Profit margin: 27% (up from 5.7% in FY 2023). The increase in margin was primarily driven by lower expenses.
EPS: €0.09 (up from €0.018 in FY 2023).

We've discovered 2 warning signs about Globe Trade Centre. View them for free.

earnings-and-revenue-growth — WSE:GTC Earnings and Revenue Growth May 1st 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Globe Trade Centre EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Real Estate industry in Poland.

Performance of the Polish Real Estate industry.

The company's shares are up 5.2% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Globe Trade Centre (1 makes us a bit uncomfortable) you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.