The latest announcement is out from Globe International Limited ( (AU:GLB) ).
Globe International Limited reported a decrease in revenue for the half-year ending December 31, 2024, with net sales declining by 11.7% compared to the previous year. Despite the drop in revenue, the company managed to slightly improve its EBIT margin, indicating effective cost management. The net profit after tax also saw a slight decline, but the company maintained a stable dividend payout, reflecting its commitment to returning value to shareholders. The net tangible asset backing per ordinary security increased, suggesting a stronger balance sheet position.
More about Globe International Limited
Globe International Limited operates in the fashion and apparel industry, focusing on the design, marketing, and distribution of footwear, apparel, and skateboard hardgoods. The company targets a global market with a particular emphasis on youth culture and action sports enthusiasts.
YTD Price Performance: 2.69%
Average Trading Volume: 1,281
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$140.9M
See more data about GLB stock on TipRanks’ Stock Analysis page.