Globe Trade Centre Past Earnings Performance
Past criteria checks 0/6
Globe Trade Centre's earnings have been declining at an average annual rate of -32.7%, while the Real Estate industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 2.1% per year. Globe Trade Centre's return on equity is 1.1%, and it has net margins of 5.7%.
Key information
-32.7%
Earnings growth rate
-34.4%
EPS growth rate
| Real Estate Industry Growth | 6.5% |
| Revenue growth rate | 2.1% |
| Return on equity | 1.1% |
| Net Margin | 5.7% |
| Next Earnings Update | 28 May 2024 |
Recent past performance updates
Recent updates
Some Investors May Be Willing To Look Past Globe Trade Centre's (WSE:GTC) Soft Earnings
May 02
Is Globe Trade Centre (WSE:GTC) Using Too Much Debt?
Mar 02Is It Time To Consider Buying Globe Trade Centre S.A. (WSE:GTC)?
Apr 19These 4 Measures Indicate That Globe Trade Centre (WSE:GTC) Is Using Debt Extensively
Mar 23Calculating The Intrinsic Value Of Globe Trade Centre S.A. (WSE:GTC)
Feb 22Globe Trade Centre (WSE:GTC) Share Prices Have Dropped 32% In The Last Three Years
Jan 26Is There Now An Opportunity In Globe Trade Centre S.A. (WSE:GTC)?
Dec 29
Globe Trade Centre (WSE:GTC) Takes On Some Risk With Its Use Of Debt
Dec 03Revenue & Expenses BreakdownBeta
How Globe Trade Centre 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 |
|---|---|---|---|---|
| 31 Dec 23 | 183 | 11 | 23 | 0 |
| 30 Sep 23 | 173 | -33 | 23 | 0 |
| 30 Jun 23 | 172 | -31 | 20 | 0 |
| 31 Mar 23 | 168 | 20 | 18 | 0 |
| 31 Dec 22 | 167 | 23 | 17 | 0 |
| 30 Sep 22 | 169 | 56 | 15 | 0 |
| 30 Jun 22 | 176 | 60 | 16 | 0 |
| 31 Mar 22 | 176 | 48 | 16 | 0 |
| 31 Dec 21 | 172 | 42 | 16 | 0 |
| 30 Sep 21 | 163 | -22 | 15 | 0 |
| 30 Jun 21 | 160 | -16 | 15 | 0 |
| 31 Mar 21 | 156 | -64 | 15 | 0 |
| 31 Dec 20 | 160 | -70 | 13 | 0 |
| 30 Sep 20 | 167 | -4 | 12 | 0 |
| 30 Jun 20 | 167 | -1 | 12 | 0 |
| 31 Mar 20 | 171 | 58 | 13 | 0 |
| 31 Dec 19 | 170 | 75 | 16 | 0 |
| 30 Sep 19 | 163 | 85 | 17 | 0 |
| 30 Jun 19 | 158 | 88 | 17 | 0 |
| 31 Mar 19 | 154 | 87 | 15 | 0 |
| 31 Dec 18 | 154 | 91 | 12 | 0 |
| 30 Sep 18 | 156 | 113 | 13 | 0 |
| 30 Jun 18 | 147 | 142 | 14 | 0 |
| 31 Mar 18 | 138 | 148 | 16 | 0 |
| 31 Dec 17 | 129 | 156 | 17 | 0 |
| 30 Sep 17 | 118 | 163 | 16 | 0 |
| 30 Jun 17 | 119 | 183 | 18 | 0 |
| 31 Mar 17 | 116 | 174 | 15 | 0 |
| 31 Dec 16 | 116 | 159 | 15 | 0 |
| 30 Sep 16 | 111 | 135 | 15 | 0 |
| 30 Jun 16 | 108 | 74 | 14 | 0 |
| 30 Mar 16 | 112 | 53 | 14 | 0 |
| 31 Dec 15 | 109 | 45 | 14 | 0 |
| 30 Sep 15 | 98 | -108 | 13 | 0 |
| 30 Jun 15 | 100 | -114 | 11 | 0 |
| 31 Mar 15 | 93 | -174 | 12 | 0 |
| 31 Dec 14 | 97 | -184 | 12 | 0 |
| 30 Sep 14 | 115 | -139 | 12 | 0 |
| 30 Jun 14 | 120 | -146 | 12 | 0 |
| 31 Mar 14 | 127 | -125 | 13 | 0 |
| 31 Dec 13 | 127 | -147 | 11 | 0 |
| 30 Sep 13 | 124 | -138 | 14 | 0 |
| 30 Jun 13 | 128 | -153 | 16 | 0 |
Quality Earnings: GTC has a large one-off loss of €56.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: GTC's current net profit margins (5.7%) are lower than last year (14%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GTC's earnings have declined by 32.7% per year over the past 5 years.
Accelerating Growth: GTC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GTC had negative earnings growth (-55.1%) over the past year, making it difficult to compare to the Real Estate industry average (-21.7%).
Return on Equity
High ROE: GTC's Return on Equity (1.1%) is considered low.