Globus Historical Income Statement

GLBS Stock  USD 1.54  0.02  1.28%   
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 closely tied 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

At this time, Globus Maritime's Net Income From Continuing Ops is comparatively stable compared to the past year. Interest Income is likely to gain to about 2.1 M in 2024, whereas Interest Expense is likely to drop slightly above 2.6 M in 2024.

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 closely tied 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 Net Income From Continuing Ops is comparatively stable compared to the past year. Interest Income is likely to gain to about 2.1 M in 2024, whereas Interest Expense is likely to drop slightly above 2.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M2.3M4.3M2.6M
Depreciation And Amortization6.7M10.2M8.9M7.0M

Globus Maritime income statement Correlations

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0.660.360.640.690.560.380.670.68-0.020.720.29-0.110.230.68-0.06-0.320.29-0.25-0.10.03
0.550.360.70.690.630.280.690.680.20.590.31-0.120.280.160.57-0.380.11-0.120.010.22
0.840.640.70.970.890.610.980.980.350.790.610.040.590.440.6-0.410.310.210.310.05
0.810.690.690.970.780.680.990.980.10.880.660.10.620.450.5-0.460.280.110.120.14
0.870.560.630.890.780.310.80.820.620.630.36-0.150.340.410.58-0.370.40.310.50.03
0.20.380.280.610.680.310.670.61-0.150.550.960.730.940.230.33-0.03-0.10.080.220.01
0.80.670.690.980.990.80.670.990.190.830.640.080.610.470.51-0.40.230.10.180.13
0.850.680.680.980.980.820.610.990.220.850.60.030.570.530.51-0.420.310.150.20.04
0.29-0.020.20.350.10.62-0.150.190.22-0.18-0.05-0.24-0.030.020.480.080.160.40.76-0.21
0.80.720.590.790.880.630.550.830.85-0.180.540.090.50.60.28-0.490.410.07-0.060.03
0.210.290.310.610.660.360.960.640.6-0.050.540.811.00.240.49-0.030.010.320.3-0.13
-0.33-0.11-0.120.040.1-0.150.730.080.03-0.240.090.810.830.010.220.28-0.170.320.22-0.27
0.180.230.280.590.620.340.940.610.57-0.030.51.00.830.210.52-0.010.00.360.33-0.15
0.490.680.160.440.450.410.230.470.530.020.60.240.010.21-0.070.060.250.010.11-0.5
0.41-0.060.570.60.50.580.330.510.510.480.280.490.220.52-0.07-0.320.170.570.45-0.1
-0.6-0.32-0.38-0.41-0.46-0.37-0.03-0.4-0.420.08-0.49-0.030.28-0.010.06-0.32-0.67-0.010.34-0.36
0.560.290.110.310.280.4-0.10.230.310.160.410.01-0.170.00.250.17-0.670.310.01-0.23
0.23-0.25-0.120.210.110.310.080.10.150.40.070.320.320.360.010.57-0.010.310.49-0.36
0.15-0.10.010.310.120.50.220.180.20.76-0.060.30.220.330.110.450.340.010.49-0.44
0.080.030.220.050.140.030.010.130.04-0.210.03-0.13-0.27-0.15-0.5-0.1-0.36-0.23-0.36-0.44
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Globus Maritime Account Relationship Matchups

Globus Maritime income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization6.4M3.7M6.7M10.2M8.9M7.0M
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)(6.9M)17.2M23.9M(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)8.7M9.2M
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

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Additional Tools for Globus Stock Analysis

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.