Globex Mining Enterprises Inc.
Globex Mining Enterprises Inc. (GMX.TO) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Globex Mining Enterprises Inc. (GMX.TO), covering cash flow, earnings, and balance sheets.
Globex Mining Enterprises Inc. (GMX.TO) Income Statement & Financial Overview
Analyze Globex Mining Enterprises Inc.’s GMX.TO earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| Revenue | $243586.00 | $688923.00 | $238795.00 | $3.08M |
| Cost of Revenue | $22677.00 | $21795.00 | $21416.00 | $19672.00 |
| Gross Profit | $220909.00 | $667128.00 | $217379.00 | $3.06M |
| Gross Profit Ratio | $0.91 | $0.97 | $0.91 | $0.99 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $404031.00 | $557017.00 | $983016.00 | $475773.00 |
| Operating Expenses | $938896.00 | $557017.00 | $983016.00 | $475773.00 |
| Total Costs & Expenses | $961573.00 | $578812.00 | $1.004M | $495445.00 |
| Interest Income | $129249.00 | $480326.00 | $178196.00 | $300928.00 |
| Interest Expense | -$56297.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $22677.00 | $21795.00 | $21416.00 | $19672.00 |
| EBITDA | -$687587.00 | $131906.00 | -$542221.00 | $2.61M |
| EBITDA Ratio | -$2.82 | $0.19 | -$3.12 | $0.85 |
| Operating Income | -$717987.00 | $110111.00 | -$765640.00 | $2.59M |
| Operating Income Ratio | -$2.95 | $0.16 | -$3.21 | $0.84 |
| Other Income/Expenses (Net) | $195884.00 | $1.17M | $115563.00 | $1.28M |
| Income Before Tax | -$522103.00 | $1.28M | -$431060.00 | $3.85M |
| Income Before Tax Ratio | -$2.14 | $1.86 | -$1.81 | $1.25 |
| Income Tax Expense | $0.00 | $70528.00 | $1200.00 | -$17225.00 |
| Net Income | -$522103.00 | $1.21M | $27012.00 | $3.89M |
| Net Income Ratio | -$2.14 | $1.75 | $0.11 | $1.26 |
| EPS | -$0.009 | $0.02 | $0.001 | $0.07 |
| Diluted EPS | -$0.009 | $0.02 | $0.001 | $0.07 |
| Weighted Avg Shares Outstanding | $56.45M | $55.70M | $55.27M | $55.30M |
| Weighted Avg Shares Outstanding (Diluted) | $56.45M | $56.23M | $56.33M | $55.58M |
Over the past four quarters, Globex Mining Enterprises Inc. demonstrated steady revenue growth, increasing from $3.08M in Q4 2023 to $243586.00 in Q3 2024. Operating income reached -$717987.00 in Q3 2024, maintaining a consistent -295% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$687587.00, reflecting operational efficiency. Net income dropped to -$522103.00, with EPS at -$0.009. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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