GLB 0.00% $2.97 globe international limited

Ann: Half Year Accounts, page-12

  1. 1,628 Posts.
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    The consistent selling on low volumes has me questioning myself. But I went back and looked at the half year report. GLB generated $16m of free cash flow in the half which was surely way above expectations. $7m of EBIT with guidance for an even better second half so maybe on track for over $15m of EBIT for FY24 ($20m is the dream). Balance sheet is net-cash. Inventory is being addressed. Everything seems fine except the share price!
 
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