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Globe International (GLB) investor relations material

Globe International H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2025 earnings summary20 Aug, 2025

Executive summary

  • Revenue reached $206.3 million, reflecting strong performance after the removal of non-strategic brands, which improved margins and set a foundation for future growth.

  • Net profit after tax (NPAT) was $9.8 million, with all global regions contributing positively despite US tariffs and a sluggish Australian retail environment.

  • Focus shifted to core global brands FXD, Salty Crew, and Globe footwear, positioning the business for growth in FY26.

Financial highlights

  • Revenue was $206.3 million, down from $222.3 million in the prior year due to planned brand removals.

  • EBIT was $14.6 million, with a margin of 7.1%, and NPAT was $9.8 million, down $1.7 million year-over-year.

  • Cash at bank stood at $19.9 million, and a full-year dividend of 20 cents per share was declared, yielding 6.6%.

  • Australian division delivered a 12.6% return on sales; EU and USA EBIT contributions increased 31% year-over-year.

Outlook and guidance

  • The business is well positioned for FY26 growth, with a focus on expanding global brands after the one-off impact of removing non-strategic brands.

  • Operational restructuring in Europe is complete, setting the stage for improved profitability in the coming year.

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Frequently asked questions

Globe International Limited is an Australian company engaged in the design, marketing, and distribution of apparel, footwear, and skateboarding products. The company’s product range includes skateboards, clothing, and shoes, marketed under several proprietary brands such as Globe, FXD, and Impala Skate. Globe International primarily serves the action sports, streetwear, and workwear markets, with a global distribution network that spans North America, Europe, and the Asia-Pacific region. Globe International Limited is headquartered in Melbourne, Australia, and its shares are listed on the ASX.

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