GLBXF (Globex Mining Enterprises) Net Income: $5.35 Mil (TTM As of Mar. 2026)

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GLBXF Globex Mining Enterprises Inc GLBXF
42 GF Score
Price $1.33
GF Value $0.60
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Globex Mining Enterprises Net Income?

Globex Mining Enterprises GLBXF +0.76% 42 Net Income is $5.35 Mil as of Mar. 2026. GuruFocus rates GLBXF with a GF Score™ of 42/100 and a GF Value™ of $0.60 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Globex Mining Enterprises's Net Income for the three months ended in Mar. 2026 was $1.58 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $5.35 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Globex Mining Enterprises's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.03.


Globex Mining Enterprises  (OTCPK:GLBXF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Globex Mining Enterprises's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Globex Mining Enterprises Net Income Related Terms


Globex Mining Enterprises Net Income Historical Data

* Premium members only.

The historical data trend for Globex Mining Enterprises's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Globex Mining Enterprises Net Income Chart

Globex Mining Enterprises Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.53 -3.04 1.02 0.93 4.40

Globex Mining Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 -0.37 3.23 0.91 1.58
GLBXF
42GF Score
Globex Mining Enterprises Inc GLBXF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Globex Mining Enterprises Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Globex Mining Enterprises's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4.332+0.064+0+-0.0010000000000003
=4.40

Globex Mining Enterprises's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.584+-0.002+0+0
=1.58

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.35 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $5.35 Mil mean?
Globex Mining Enterprises (GLBXF) has a Net Income of $5.35 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Globex Mining Enterprises and its competitors.
Is Globex Mining Enterprises' Net Income too high?
Globex Mining Enterprises' current Net Income is $5.35 Mil. Overall, Globex Mining Enterprises has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globex Mining Enterprises' Net Income compare to competitors?
Globex Mining Enterprises' Net Income of $5.35 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Metals & Mining company?
A good Net Income depends on the Metals & Mining industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Globex Mining Enterprises and its competitors. Globex Mining Enterprises's current Net Income is $5.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globex Mining Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Globex Mining Enterprises (GLBXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.60, compared to a current price of $1.33 — trading 121.7% above its estimated fair value. The current Net Income is $5.35 Mil. Globex Mining Enterprises' overall GF Score™ is 42/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Globex Mining Enterprises (GLBXF), the current Net Income is $5.35 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Globex Mining Enterprises (GLBXF) Overvalued in 2026?

Based on GuruFocus' analysis, Globex Mining Enterprises stock appears to be overvalued. The current stock price of $1.33 is trading 121.7% above its estimated GF Value™ of $0.60. GuruFocus considers Globex Mining Enterprises to be Significantly Overvalued.

Key valuation signals for GLBXF:

  • Net Income: $5.35 Mil
  • GF Value™: $0.60 vs. price of $1.33 (121.7% above fair value)
  • GF Score™: 42/100 with 2 warning signs

No single metric tells the full story. See the GLBXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globex Mining Enterprises Business Description

Other Exchanges G1MN:GermanyGMX:Canada
Address 89 Belsize Drive, Toronto, ON, CAN, M4S 1L3
Globex Mining Enterprises Inc is a Canada-based exploration company. The company is focused on exploration and development property bank which operates under the project generator business mode. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development, and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.
42GF Score

Get the complete analysis for GLBXF

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.33
Price
$0.60
GF Value