Preliminary Final Report
| Stock | Globe International Ltd (GLB.ASX) |
|---|---|
| Release Time | 21 Aug 2025, 12:19 p.m. |
| Price Sensitive | Yes |
Globe International Ltd reports FY25 results
- Revenue of $206.3 million, down 7.2% from FY24
- EBIT of $14.6 million, down 14.3% from FY24
- NPAT of $9.8 million, down 14.6% from FY24
- Fully franked final dividend of 10 cents per share declared
Globe International Ltd has reported its preliminary final results for the financial year ended 30 June 2025. The company reported revenue of $206.3 million, down 7.2% from $222.3 million in FY24, impacted by the planned discontinuation of non-strategic brand revenue of $25.5 million. EBIT was $14.6 million, down 14.3% from $17.1 million in the prior year, while NPAT was $9.8 million, down 14.6% from $11.5 million in FY24. The Australian division remained highly profitable, delivering $12.7 million of segment EBIT at a margin of 12.6%, while the USA and EU regions contributed $9.4 million of segment EBIT, up on the prior year. The company's cash position, net of working capital borrowings, was $19.3 million at 30 June 2025. The Board has declared a fully franked final dividend of 10 cents per share, bringing the total FY25 dividend to 20 cents per share, fully franked, compared to 22 cents per share in FY24.