Globex Mining Enterprises Inc.
Globex Mining Enterprises Inc. (GMX.TO) Financial Performance & Income Statement Overview
Explore the financials of Globex Mining Enterprises Inc. (GMX.TO), including yearly and quarterly data on income, cash flow, and balance sheets.
Globex Mining Enterprises Inc. (GMX.TO) Income Statement & Financial Overview
View the income breakdown for Globex Mining Enterprises Inc. GMX.TO across both annual and quarterly reports.
| 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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