Globus Gross Profit from 2010 to 2024

GLBS Stock  USD 1.90  0.04  2.06%   
Globus Maritime Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 2.2 M in 2024. Gross Profit is the profit Globus Maritime makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2008-12-31
Previous Quarter
919 K
Current Value
1.8 M
Quarterly Volatility
11.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globus Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 M, Interest Expense of 2.6 M or Selling General Administrative of 2.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0011 or PTB Ratio of 0.29. Globus financial statements analysis is a perfect complement when working with Globus Maritime Valuation or Volatility modules.
  
This module can also supplement Globus Maritime's financial leverage analysis and stock options assessment as well as various Globus Maritime Technical models . Check out the analysis of Globus Maritime Correlation against competitors.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

Latest Globus Maritime's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Globus Maritime over the last few years. Gross profit is a required income statement account that reflects total revenue of Globus Maritime minus its cost of goods sold. It is profit before Globus Maritime operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Globus Maritime's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Maritime's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 33.72 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Globus Gross Profit Regression Statistics

Arithmetic Mean10,358,903
Coefficient Of Variation212.81
Mean Deviation14,955,652
Median2,269,000
Standard Deviation22,044,743
Sample Variance486T
Range86.6M
R-Value(0.37)
Mean Square Error452.8T
R-Squared0.13
Significance0.18
Slope(1,809,818)
Total Sum of Squares6803.6T

Globus Gross Profit History

20242.2 M
20232.3 M
202228.1 M
202121.8 M
2020-3.1 M
2019-1.8 M
2018474 K

Other Fundumenentals of Globus Maritime

Globus Maritime Gross Profit component correlations

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0.860.29-0.390.19-0.670.30.460.120.76-0.230.510.580.780.07-0.090.150.280.330.830.570.77
0.340.290.040.17-0.440.440.280.210.19-0.290.020.350.060.30.060.380.450.030.010.120.18
0.1-0.390.040.770.120.540.120.76-0.580.51-0.440.49-0.740.80.880.680.2-0.9-0.73-0.92-0.82
0.620.190.170.77-0.340.760.50.93-0.010.48-0.160.88-0.220.850.850.790.24-0.73-0.29-0.56-0.42
-0.68-0.67-0.440.12-0.34-0.56-0.79-0.34-0.670.25-0.37-0.58-0.66-0.36-0.17-0.39-0.420.02-0.5-0.43-0.48
0.620.30.440.540.76-0.560.390.750.14-0.06-0.010.76-0.050.810.660.870.56-0.48-0.13-0.27-0.2
0.540.460.280.120.5-0.790.390.40.36-0.010.060.620.40.410.320.350.19-0.210.20.120.18
0.610.120.210.760.93-0.340.750.40.090.53-0.280.8-0.230.890.840.830.39-0.76-0.3-0.51-0.42
0.610.760.19-0.58-0.01-0.670.140.360.09-0.170.350.250.88-0.07-0.260.030.220.410.760.770.74
0.1-0.23-0.290.510.480.25-0.06-0.010.53-0.17-0.090.24-0.390.290.510.13-0.32-0.5-0.36-0.58-0.46
0.270.510.02-0.44-0.16-0.37-0.010.06-0.280.35-0.090.050.53-0.23-0.17-0.19-0.280.440.610.370.58
0.870.580.350.490.88-0.580.760.620.80.250.240.050.120.760.670.730.38-0.510.09-0.24-0.03
0.460.780.06-0.74-0.22-0.66-0.050.4-0.230.88-0.390.530.12-0.29-0.43-0.210.070.530.90.870.89
0.520.070.30.80.85-0.360.810.410.89-0.070.29-0.230.76-0.290.930.960.39-0.75-0.35-0.57-0.45
0.37-0.090.060.880.85-0.170.660.320.84-0.260.51-0.170.67-0.430.930.850.09-0.81-0.46-0.75-0.6
0.550.150.380.680.79-0.390.870.350.830.030.13-0.190.73-0.210.960.850.41-0.61-0.29-0.46-0.37
0.440.280.450.20.24-0.420.560.190.390.22-0.32-0.280.380.070.390.090.41-0.260.10.080.12
-0.130.330.03-0.9-0.730.02-0.48-0.21-0.760.41-0.50.44-0.510.53-0.75-0.81-0.61-0.260.590.780.69
0.50.830.01-0.73-0.29-0.5-0.130.2-0.30.76-0.360.610.090.9-0.35-0.46-0.290.10.590.80.96
0.160.570.12-0.92-0.56-0.43-0.270.12-0.510.77-0.580.37-0.240.87-0.57-0.75-0.460.080.780.80.88
0.390.770.18-0.82-0.42-0.48-0.20.18-0.420.74-0.460.58-0.030.89-0.45-0.6-0.370.120.690.960.88
Click cells to compare fundamentals

About Globus Maritime Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Globus Maritime income statement, its balance sheet, and the statement of cash flows. Globus Maritime investors use historical funamental indicators, such as Globus Maritime's Gross Profit, to determine how well the company is positioned to perform in the future. Although Globus Maritime investors may use each financial statement separately, they are all related. The changes in Globus Maritime's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Globus Maritime's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Globus Maritime Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Globus Maritime. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit2.3 M2.2 M
Gross Profit Margin 0.07  0.07 

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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 the analysis of Globus Maritime Correlation against competitors.
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Globus Maritime's price analysis, check to measure Globus Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globus Maritime is operating at the current time. Most of Globus Maritime's value examination focuses on studying past and present price action to predict the probability of Globus Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Maritime's price. Additionally, you may evaluate how the addition of Globus Maritime to your portfolios can decrease your overall portfolio volatility.
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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.