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Globe International (ASX:GLB) Net Margin % : 4.99% (As of Dec. 2024)


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What is Globe International Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Globe International's Net Income for the six months ended in Dec. 2024 was A$4.8 Mil. Globe International's Revenue for the six months ended in Dec. 2024 was A$95.3 Mil. Therefore, Globe International's net margin for the quarter that ended in Dec. 2024 was 4.99%.

The historical rank and industry rank for Globe International's Net Margin % or its related term are showing as below:

ASX:GLB' s Net Margin % Range Over the Past 10 Years
Min: 0.67   Med: 4.59   Max: 12.48
Current: 5.4


ASX:GLB's Net Margin % is ranked better than
65.25% of 1036 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.97 vs ASX:GLB: 5.40

Globe International Net Margin % Historical Data

The historical data trend for Globe International's Net Margin % 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.

* Premium members only.

Globe International Net Margin % Chart

Globe International Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 12.48 6.79 0.67 5.16

Globe International Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Margin % 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 -0.16 1.54 4.55 5.74 4.99

Competitive Comparison of Globe International's Net Margin %

For the Apparel Manufacturing subindustry, Globe International's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Globe International's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe International's Net Margin % distribution charts can be found below:

* The bar in red indicates where Globe International's Net Margin % falls into.


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Globe International Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Globe International's Net Margin for the fiscal year that ended in Jun. 2024 is calculated as

Net Margin=Net Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=11.469/222.317
=5.16 %

Globe International's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=4.759/95.291
=4.99 %

* 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.


Globe International  (ASX:GLB) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Globe International Net Margin % Related Terms

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Globe International Business Description

Traded in Other Exchanges
N/A
Address
1 Fennell Street, Port Melbourne, Melbourne, VIC, AUS, 3207
Globe International Ltd is an Australia-based company that operates in the apparel business. The company is engaged in the production and distribution of purpose-built apparel, footwear, and hard goods for the board sports, street fashion, and workwear markets. Its geographical segments include Australasia, North America, and Europe. The company derives a majority of its revenue from Australasia.

Globe International Headlines

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