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Globe International (GLB) investor relations material
Globe International H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue increased by 3.1% year-over-year to $98.2 million, with all major divisions in Australia, North America, and Europe contributing positively, and strong growth in the European division despite geopolitical instability.
Strategic global brands FXD, Salty Crew, and Globe drove the majority of brand contribution and group revenue.
EBIT declined 27.4% to $5.2 million, impacted by increased US tariffs and lower profitability in North America.
Net profit after tax fell 28.2% to $3.4 million, with EPS at 8.24 cents, down from 11.48 cents in the prior year.
Maintained financial stability and positive cash flow despite challenging operating environments.
Financial highlights
Revenue reached $98.2M, up 3.1% year-over-year.
EBIT was $5.2M (down 27.4% year-over-year), with a margin of 5.3%.
Net profit after tax (NPAT) was $3.4M (down 28.2% year-over-year), NPAT margin 3.5%.
Cash holdings stood at $19.3M at period end.
Net tangible asset backing per share: $1.82 (down from $1.85 at June 2025).
Outlook and guidance
Strong balance sheet and positive cash flow position the company to continue delivering on long-term strategic goals.
Interim dividend of 10 cents per share, fully franked, to be paid on 27 March 2026.
No material events or changes reported subsequent to the half-year end.
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