Financial Snapshot

Revenue
$16.41M
TTM
Gross Margin
5.0%
TTM
Net Earnings
-$4.040M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
42.96%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$9.307M
Q3 2024
Cash
Q3 2024
P/E
-69.28
Nov 18, 2024 EST
Free Cash Flow
-$1.705M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $10.61M $11.62M $12.46M
YoY Change -8.66% -6.7%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $10.61M $11.62M $12.46M
Cost Of Revenue $10.68M $11.71M $10.62M
Gross Profit -$67.08K -$93.43K $1.834M
Gross Profit Margin -0.63% -0.8% 14.73%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.368M $4.521M $5.126M
YoY Change -25.5% -11.81%
% of Gross Profit 279.43%
Operating Expenses $11.08M $13.53M $9.482M
YoY Change -18.1% 42.7%
Operating Profit -$10.48M -$11.06M -$7.647M
YoY Change -5.24% 44.61%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $2.154M $1.821M -$996.9K
YoY Change 18.29% -282.63%
% of Operating Profit
Other Income/Expense, Net $5.739M $6.557M $8.254M
YoY Change -12.47% -20.55%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$8.173M -$12.20M -$390.3K
YoY Change -33.01% 3025.73%
Income Tax $151.8K $222.5K $215.1K
% Of Pretax Income
Net Earnings -$8.325M -$12.42M $2.695M
YoY Change -32.99% -561.04%
Net Earnings / Revenue -78.44% -106.9% 21.63%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.03 -$0.05 $0.02

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $1.058M $927.8K $899.3K
YoY Change 13.99% 3.16%
Cash & Equivalents
Short-Term Investments $149.4K $171.5K $314.8K
Other Short-Term Assets $2.365M $2.379M $3.105M
YoY Change -0.6% -23.37%
Inventory $859.3K $1.067M $1.324M
Prepaid Expenses
Receivables $4.045M $3.303M $766.1K
Other Receivables $6.334M $4.848M $6.698M
Total Short-Term Assets $14.66M $12.52M $12.79M
YoY Change 17.06% -2.1%
Property, Plant & Equipment $18.41M $24.42M $33.59M
YoY Change -24.63% -27.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.389M $11.07M $15.93M
YoY Change -24.18% -30.55%
Total Long-Term Assets $42.63M $78.22M $102.4M
YoY Change -45.51% -23.63%
Total Assets $57.29M $90.75M $115.2M
YoY Change
Accounts Payable $17.83M $19.61M $22.69M
YoY Change -9.11% -13.54%
Accrued Expenses $7.693M $7.422M $12.07M
YoY Change 3.65% -38.53%
Deferred Revenue
YoY Change
Short-Term Debt $1.507M $1.532M $4.097M
YoY Change -1.59% -62.61%
Long-Term Debt Due $5.771M $4.849M $4.048M
YoY Change 19.02% 19.79%
Total Short-Term Liabilities $37.73M $38.55M $49.20M
YoY Change -2.13% -21.65%
Long-Term Debt $3.450M $5.419M $9.011M
YoY Change -36.34% -39.86%
Other Long-Term Liabilities $3.884M $4.830M $7.659M
YoY Change -19.6% -36.93%
Total Long-Term Liabilities $7.333M $10.25M $16.67M
YoY Change -28.45% -38.52%
Total Liabilities $95.52M $69.02M $84.65M
YoY Change 38.39% -18.46%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $279.87 Million

About GlobalTech Corp

GlobalTech Corp. engages in the communications and broadband business. The company is headquartered in Reno, Nevada and currently employs 364 full-time employees. The company went IPO on 2023-11-14. The firm provides video and broadband Internet services in cities of Pakistan through Hybrid Fiber Coaxial and fiber optic networks. The company also offers international voice/data interconnect services with a principal focus on the termination of international voice traffic into Pakistan. The firm offers a full range of residential and business solutions including fiber optic-delivered communications and managed information technology (IT) solutions to large enterprise customers. The company also provided fiber optic network solutions, including dark fiber optic connectivity on an Indefeasible / irrefutable Right of Usage (IRU) basis, managed circuits, and Point to Point (P2P) and Point to Multipoint (PTMP) connectivity. Through its cable TV infrastructure, it distributes satellite television (TV) content to its customers on Hybrid Fiber Coaxial (HFC) and Fiber to the Home.

Industry: Telephone Communications (No Radiotelephone) Peers: