GlobalTech Past Earnings Performance
Past criteria checks 0/6
GlobalTech's earnings have been declining at an average annual rate of -32.6%, while the Telecom industry saw earnings growing at 1.2% annually. Revenues have been growing at an average rate of 8.4% per year.
Key information
-32.6%
Earnings growth rate
-32.9%
EPS growth rate
| Telecom Industry Growth | 6.7% |
| Revenue growth rate | 8.4% |
| Return on equity | -56.2% |
| Net Margin | -17.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How GlobalTech 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 Sep 24 | 16 | -3 | 0 | 0 |
| 30 Jun 24 | 14 | -4 | 0 | 0 |
| 31 Mar 24 | 12 | -3 | 0 | 0 |
| 31 Dec 23 | 11 | -5 | 0 | 0 |
| 30 Sep 23 | 11 | -8 | 0 | 0 |
| 30 Jun 23 | 11 | -7 | 0 | 0 |
| 31 Mar 23 | 11 | -9 | 0 | 0 |
| 31 Dec 22 | 12 | -7 | 0 | 0 |
| 30 Sep 22 | 11 | -4 | 0 | 0 |
| 31 Dec 21 | 12 | -4 | 0 | 0 |
| 31 Dec 20 | 20 | 6 | 0 | 0 |
Quality Earnings: GLTK is currently unprofitable.
Growing Profit Margin: GLTK is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLTK is unprofitable, and losses have increased over the past 5 years at a rate of 32.6% per year.
Accelerating Growth: Unable to compare GLTK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GLTK is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (-18.2%).
Return on Equity
High ROE: GLTK has a negative Return on Equity (-56.16%), as it is currently unprofitable.