Globex Mining Enterprises Past Earnings Performance
Past criteria checks 2/6
Globex Mining Enterprises has been growing earnings at an average annual rate of 10.8%, while the Metals and Mining industry saw earnings growing at 23.1% annually. Revenues have been growing at an average rate of 16.5% per year. Globex Mining Enterprises's return on equity is 4.3%, and it has net margins of 33.3%.
Key information
10.8%
Earnings growth rate
10.9%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | 16.5% |
| Return on equity | 4.3% |
| Net Margin | 33.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 4 | 1 | 3 | 0 |
| 30 Sep 23 | 1 | -2 | 3 | 0 |
| 30 Jun 23 | 2 | 1 | 3 | 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 |
| 30 Jun 13 | 1 | 4 | 2 | 0 |
Quality Earnings: GLBX.F has a large one-off loss of CA$1.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: GLBX.F became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLBX.F has become profitable over the past 5 years, growing earnings by 10.8% per year.
Accelerating Growth: GLBX.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GLBX.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-30.4%).
Return on Equity
High ROE: GLBX.F's Return on Equity (4.3%) is considered low.