GLOBAL INVESTMENTS Reports 62.7% Decrease in Q2 FY2023 Revenue
August 15, 2023
🌥️Earnings Overview
For the second quarter of FY2023, GLOBAL INVESTMENTS ($SGX:B73) reported total revenue of SGD 2.5 million, a decrease of 62.7% from the same period in the previous year. However, their net income was SGD 1.7 million, representing an increase of 106.3% year over year. The results were reported by the company on August 10 2023.
Analysis
Analyzing the financials of GLOBAL INVESTMENTS with GoodWhale, we can see that it is classified as an ‘elephant’, meaning that it is strong in asset after subtracting off liabilities. According to the Star Chart, it has medium ratings for dividend, profitability, and growth. This is an ideal situation for investors looking for a company with a solid foundation of assets, but still offering good potential for capital gains and dividends. The company’s overall health score is 10/10, showing that it has strong cashflow and debt to sustain future operations, even in times of crisis. With this level of stability and growth potential, GLOBAL INVESTMENTS is sure to be interesting to all types of investors. Those looking for a long-term investment should appreciate the company’s strong asset base and potential for capital appreciation. Meanwhile, more risk-seeking investors should be drawn to the good dividend yields and constant profitability. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Global Investments. More…
| Total Revenues | Net Income | Net Margin |
| 9.09 | -6.85 | -75.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Global Investments. More…
| Operations | Investing | Financing |
| 8.44 | -3.05 | -11.62 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Global Investments. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 256.36 | 1.37 | 0.16 |
Key Ratios Snapshot
Some of the financial key ratios for Global Investments are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -19.9% | -30.2% | -34.9% |
| FCF Margin | ROE | ROA |
| 92.9% | -0.8% | -0.8% |
Peers
Global Investments Ltd is an established player in the competitive world of investments and has been competing with other major players such as Deutsche Beteiligungs AG, Demetra Holdings PLC and Patria Investments Ltd for market share and profits for many years. With each company pushing to gain a competitive edge, the competition between them has only intensified over time.
– Deutsche Beteiligungs AG ($LTS:0QF7)
Deutsche Beteiligungs AG is a German private equity company specializing in medium-sized corporate investments. The company has a market capitalization of 518.08M as of 2023, reflecting the total value of its assets and liabilities. Additionally, the Return on Equity (ROE) for the company currently sits at -4.77%, indicating that it is not performing well in terms of generating profits from its shareholder’s investment. Despite these poor returns, Deutsche Beteiligungs AG continues to focus on medium-sized corporate investments and remains a major player in the German private equity market.
– Demetra Holdings PLC ($LTS:0E4C)
Patria Investments Ltd is a Brazilian financial services and investment management firm, specialising in private equity, venture capital and real estate investments. As of 2023, Patria Investments Ltd has a market capitalization of 2.16B, indicating the company’s strong presence in the Brazilian financial services sector. Additionally, its Return on Equity (ROE) of 8.48% indicates that the company is consistently generating profits and successfully reinvesting them into its operations. This makes Patria Investments Ltd an attractive option for investors looking to invest in a financially strong and well-respected company.
Summary
Global Investments experienced a significant decrease in revenue for the second quarter of FY2023, totaling SGD 2.5 million. Despite this, net income saw a positive growth of 106.3% compared to the same period the previous year, amounting to SGD 1.7 million. This indicates that investors can look forward to a strong performance going forward.
While the short-term impact of the pandemic cannot be ignored, this is a very encouraging sign for investors looking to invest in Global Investments. The company’s ability to navigate difficult markets and maintain profitability in the current climate is a testament to its strength and capability.
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