Globus Historical Income Statement

GLBS Stock  USD 2.02  0.01  0.50%   
Historical analysis of Globus Maritime income statement accounts such as Selling General Administrative of 2.4 M or Total Revenue of 26.1 M can show how well Globus Maritime performed in making a profits. Evaluating Globus Maritime income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Globus Maritime's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Globus Maritime latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Globus Maritime is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

About Globus Income Statement Analysis

Globus Maritime Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Globus Maritime shareholders. The income statement also shows Globus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Globus Maritime Income Statement Chart

Globus Maritime Income Statement is one of the three primary financial statements used for reporting Globus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Globus Maritime revenue and expense. Globus Maritime Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Globus Maritime's Interest Income is comparatively stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Globus Maritime generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Globus Maritime. It is also known as Globus Maritime overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Globus Maritime income statement and represents the costs associated with goods and services Globus Maritime provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Globus Maritime's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Globus Maritime current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.At this time, Globus Maritime's Interest Income is comparatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M2.3M4.3M2.6M
Depreciation And Amortization6.0M10.5M8.9M7.2M

Globus Maritime income statement Correlations

0.740.660.810.80.840.170.770.820.230.830.18-0.340.140.660.34-0.580.50.10.030.1
0.740.360.640.690.560.380.650.68-0.020.720.29-0.110.230.72-0.06-0.320.29-0.25-0.10.03
0.660.360.70.690.630.280.670.680.20.590.31-0.120.280.410.57-0.380.11-0.120.010.22
0.810.640.70.970.890.610.980.980.350.790.610.040.590.530.6-0.410.310.210.310.05
0.80.690.690.970.780.680.990.980.10.880.660.10.620.640.5-0.460.280.110.120.14
0.840.560.630.890.780.310.810.820.620.630.36-0.150.340.390.58-0.370.40.310.50.03
0.170.380.280.610.680.310.670.61-0.150.550.960.730.940.270.33-0.03-0.10.080.220.01
0.770.650.670.980.990.810.670.990.20.820.640.080.610.640.52-0.40.240.130.20.13
0.820.680.680.980.980.820.610.990.220.850.60.030.570.640.51-0.420.310.150.20.04
0.23-0.020.20.350.10.62-0.150.20.22-0.18-0.05-0.24-0.03-0.250.480.080.160.40.76-0.21
0.830.720.590.790.880.630.550.820.85-0.180.540.090.50.70.28-0.490.410.07-0.060.03
0.180.290.310.610.660.360.960.640.6-0.050.540.811.00.150.49-0.030.010.320.3-0.13
-0.34-0.11-0.120.040.1-0.150.730.080.03-0.240.090.810.83-0.250.220.28-0.170.320.22-0.27
0.140.230.280.590.620.340.940.610.57-0.030.51.00.830.090.52-0.010.00.360.33-0.15
0.660.720.410.530.640.390.270.640.64-0.250.70.15-0.250.09-0.17-0.270.07-0.33-0.360.28
0.34-0.060.570.60.50.580.330.520.510.480.280.490.220.52-0.17-0.320.170.570.45-0.1
-0.58-0.32-0.38-0.41-0.46-0.37-0.03-0.4-0.420.08-0.49-0.030.28-0.01-0.27-0.32-0.67-0.010.34-0.36
0.50.290.110.310.280.4-0.10.240.310.160.410.01-0.170.00.070.17-0.670.310.01-0.23
0.1-0.25-0.120.210.110.310.080.130.150.40.070.320.320.36-0.330.57-0.010.310.49-0.36
0.03-0.10.010.310.120.50.220.20.20.76-0.060.30.220.33-0.360.450.340.010.49-0.44
0.10.030.220.050.140.030.010.130.04-0.210.03-0.13-0.27-0.150.28-0.1-0.36-0.23-0.36-0.44
Click cells to compare fundamentals

Globus Maritime Account Relationship Matchups

Globus Maritime income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization6.4M8.3M6.0M10.5M8.9M7.2M
Interest Expense4.0M4.1M2.6M2.3M4.3M2.6M
Selling General Administrative1.9M3.7M3.8M4.0M2.0M2.4M
Total Revenue15.6M11.8M43.4M61.8M31.2M26.1M
Gross Profit(1.8M)(3.1M)21.8M28.1M2.3M2.2M
Other Operating Expenses19.4M18.6M25.4M38.1M33.2M20.5M
Operating Income(4.4M)(11.4M)17.9M23.6M(2.0M)(1.9M)
Ebit(4.4M)(11.4M)17.9M23.6M(2.0M)(1.9M)
Ebitda2.1M(3.2M)23.9M34.2M6.9M13.6M
Cost Of Revenue17.4M14.8M21.6M33.6M28.9M21.2M
Total Operating Expenses2.0M3.8M3.8M4.5M4.3M5.1M
Income Before Tax(36.4M)(17.4M)15.0M24.3M5.3M5.5M
Total Other Income Expense Net(32.0M)(5.9M)(3.0M)648K7.3M7.6M
Net Income Applicable To Common Shares(36.4M)(17.4M)15.0M24.3M21.9M22.9M
Net Income(40.4M)(21.4M)15.0M24.3M5.3M5.5M
Income Tax Expense4.0M4.1M2.6M(648K)(583.2K)(554.0K)
Net Income From Continuing Ops(36.4M)(17.4M)15.0M24.3M1.7M1.8M
Interest Income47K16K8K375K2.0M2.1M
Net Interest Income(4.7M)(4.1M)(3.3M)(2.0M)(1.9M)(2.0M)
Reconciled Depreciation6.4M3.7M6.7M10.2M9.7M7.6M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globus Maritime in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globus Maritime's short interest history, or implied volatility extrapolated from Globus Maritime options trading.

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When determining whether Globus Maritime is a strong investment it is important to analyze Globus Maritime's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globus Maritime's future performance. For an informed investment choice regarding Globus Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Maritime. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.
Note that the Globus Maritime information on this page should be used as a complementary analysis to other Globus Maritime's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is Globus Maritime's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globus Maritime. If investors know Globus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globus Maritime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Earnings Share
0.26
Revenue Per Share
1.516
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of Globus Maritime is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Maritime's value that differs from its market value or its book value, called intrinsic value, which is Globus Maritime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globus Maritime's market value can be influenced by many factors that don't directly affect Globus Maritime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globus Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Maritime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.