Financhill
Buy
60

GLRE Quote, Financials, Valuation and Earnings

Last price:
$13.54
Seasonality move :
2.45%
Day range:
$13.62 - $14.05
52-week range:
$10.95 - $15.82
Dividend yield:
0%
P/E ratio:
5.49x
P/S ratio:
0.73x
P/B ratio:
0.73x
Volume:
154.1K
Avg. volume:
88.6K
1-year change:
23.56%
Market cap:
$484.2M
Revenue:
$638.4M
EPS (TTM):
$2.53
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $491.4M $478.8M $570.5M $471.8M $638.4M
Revenue Growth (YoY) 101.52% -2.56% 19.14% -17.29% 35.3%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $29.8M $26.4M $29.4M $17.8M $23.7M
Other Inc / (Exp) $2.3M $3.1M $660K -$5.8M $6.3M
Operating Expenses $29.8M $26.4M $29.4M $17.8M $23.7M
Operating Income -- -- -- -- --
 
Net Interest Expenses $6.3M $6.3M $17.9M $10.9M $8M
EBT. Incl. Unusual Items -$3.5M $4.3M $21.3M $24.5M $86.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $483K $424K $3.7M -$816K $100K
Net Income to Company -$4M $3.9M $17.6M $25.3M $86.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$4M $3.9M $17.6M $25.3M $86.8M
 
Basic EPS (Cont. Ops) -$0.11 $0.11 $0.51 $0.75 $2.55
Diluted EPS (Cont. Ops) -$0.11 $0.11 $0.51 $0.73 $2.50
Weighted Average Basic Share $36.1M $36.2M $34.2M $33.9M $34.1M
Weighted Average Diluted Share $36.1M $36.3M $34.4M $39.8M $34.8M
 
EBITDA -- -- -- -- --
EBIT $2.8M $10.6M $39.2M $35.4M $95M
 
Revenue (Reported) $491.4M $478.8M $570.5M $471.8M $638.4M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $2.8M $10.6M $39.2M $35.4M $95M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $117.5M $145.5M $118.2M $168.8M $168.2M
Revenue Growth (YoY) -10.84% 23.84% -18.75% 42.79% -0.36%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $3M $3.4M $4.1M $3.3M $4.3M
Other Inc / (Exp) $1.6M -$342K -$6.8M $706K $2.2M
Operating Expenses $3M $3.4M $4.1M $3.3M $4.3M
Operating Income -- -- -- -- --
 
Net Interest Expenses $1.6M $1.6M $7.2M $1.7M $2.4M
EBT. Incl. Unusual Items $2.2M -$13.9M -$19.3M $13.5M $36M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -$816K $29K $723K
Net Income to Company $2.2M -$13.9M -$18.5M $13.5M $35.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $2.2M -$13.9M -$18.5M $13.5M $35.2M
 
Basic EPS (Cont. Ops) $0.06 -$0.42 -$0.56 $0.40 $1.03
Diluted EPS (Cont. Ops) $0.06 -$0.42 -$0.56 $0.39 $1.01
Weighted Average Basic Share $35.7M $32.9M $33.1M $34.1M $34.1M
Weighted Average Diluted Share $35.8M $32.9M $33.1M $34.8M $34.8M
 
EBITDA -- -- -- -- --
EBIT $3.8M -$12.2M -$12M $15.2M $38.4M
 
Revenue (Reported) $117.5M $145.5M $118.2M $168.8M $168.2M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $3.8M -$12.2M -$12M $15.2M $38.4M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $454M $562.3M $495.8M $598.9M $666.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $28.1M $32.1M $30M $18.9M $23.2M
Other Inc / (Exp) $3.6M -$469K -$11.6M $13.3M $12.7M
Operating Expenses $28.1M $32.1M $30M $18.9M $23.2M
Operating Income -- -- -- -- --
 
Net Interest Expenses $6.3M $9.2M $20.1M $4.8M $12.4M
EBT. Incl. Unusual Items -$67.4M $39M $14.1M $104.1M $89.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $1.1M $3.7M -$810K $118K $1.7M
Net Income to Company -$68.5M $35.3M $14.9M $104M $87.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$68.5M $35.3M $14.9M $104M $87.8M
 
Basic EPS (Cont. Ops) -$1.88 $0.99 $0.43 $3.05 $2.57
Diluted EPS (Cont. Ops) -$1.88 $0.99 $0.35 $2.79 $2.53
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -- -- -- -- --
EBIT -$61.1M $48.3M $34.1M $108.8M $101.9M
 
Revenue (Reported) $454M $562.3M $495.8M $598.9M $666.3M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) -$61.1M $48.3M $34.1M $108.8M $101.9M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $347.9M $431.4M $356.7M $483.8M $511.8M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $9.7M $15.4M $12.7M $13.8M $13.3M
Other Inc / (Exp) $2.6M -$1M -$13.4M $5.7M $12.1M
Operating Expenses $9.7M $15.4M $12.7M $13.8M $13.3M
Operating Income -- -- -- -- --
 
Net Interest Expenses $4.7M $7.7M $9.8M $3.6M $8M
EBT. Incl. Unusual Items -$37.7M -$3M -$10.2M $69.3M $71.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $424K $3.7M -$823K $111K $1.7M
Net Income to Company -$38.2M -$6.7M -$9.4M $69.2M $70.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$38.2M -$6.7M -$9.4M $69.2M $70.2M
 
Basic EPS (Cont. Ops) -$1.05 -$0.21 -$0.29 $2.03 $2.05
Diluted EPS (Cont. Ops) -$1.05 -$0.21 -$0.36 $1.88 $2.02
Weighted Average Basic Share $107.6M $102.1M $99.9M $102.2M $102.6M
Weighted Average Diluted Share $107.7M $102.4M $106.2M $111.3M $104.2M
 
EBITDA -- -- -- -- --
EBIT -$33M $4.7M -$447K $73M $79.9M
 
Revenue (Reported) $347.9M $431.4M $356.7M $483.8M $511.8M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) -$33M $4.7M -$447K $73M $79.9M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $25.8M $8.9M $76.3M $38.2M $51.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $257.9M $347.1M $416.5M $518.8M $645.1M
Inventory -- -- -- -- --
Prepaid Expenses $901K -- $42K $18.2M $17.3M
Other Current Assets -- -- -- -- --
Total Current Assets $304.8M $362.1M $492.8M $575.2M $713.4M
 
Property Plant And Equipment -- -- -- -- --
Long-Term Investments $240.1M $166.7M $183.6M $178.2M $258.9M
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $1.4B $1.4B $1.4B $1.6B $1.7B
 
Accounts Payable $122.7M $92.2M $91.2M $105.1M $69M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $122.7M $92.2M $91.2M $105.1M $69M
 
Long-Term Debt $93.5M $95.8M $98.1M $80.5M $73.3M
Capital Leases -- -- -- -- --
Total Liabilities $878M $892.8M $951.8M $1.1B $1.1B
 
Common Stock $3.7M $3.5M $3.4M $3.5M $3.5M
Other Common Equity Adj -- -- -- -- --
Common Equity $477.2M $464.9M $475.7M $503.1M $596.1M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $477.2M $464.9M $475.7M $503.1M $596.1M
 
Total Liabilities and Equity $1.4B $1.4B $1.4B $1.6B $1.7B
Cash and Short Terms $25.8M $8.9M $76.3M $38.2M $51.1M
Total Debt $93.5M $95.8M $98.1M $80.5M $73.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $8.2M $37.4M $32.3M $41.3M $54.6M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $284.2M $393.5M $484.2M $668.6M $784.7M
Inventory -- -- -- -- --
Prepaid Expenses -- $26K $13.7M $18.7M $35.3M
Other Current Assets -- -- -- -- --
Total Current Assets $310.8M $430.9M $530.1M $728.6M $874.6M
 
Property Plant And Equipment -- -- -- -- --
Long-Term Investments $185M $180.2M $195.2M $229M $397.9M
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $1.3B $1.4B $1.5B $1.7B $2B
 
Accounts Payable $80.4M $77.5M $108.8M $69.9M $88.2M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $80.4M $77.5M $108.8M $69.9M $88.2M
 
Long-Term Debt $94.2M $96.5M $93.4M $74.9M $62.6M
Capital Leases -- -- -- -- --
Total Liabilities $869.2M $963M $1.1B $1.2B $1.3B
 
Common Stock $3.5M $3.4M $3.5M $3.5M $3.5M
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $426.9M $450.5M $467M $575.9M $663.4M
 
Total Liabilities and Equity $1.3B $1.4B $1.5B $1.7B $2B
Cash and Short Terms $8.2M $37.4M $32.3M $41.3M $54.6M
Total Debt $94.2M $96.5M $93.4M $74.9M $62.6M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -$4M $3.9M $17.6M $25.3M $86.8M
Depreciation & Amoritzation $2.4M $2.3M $16K -- --
Stock-Based Compensation $3.9M $2.5M $3.2M $4.7M $6.1M
Change in Accounts Receivable $86M -$89.3M -$69.4M -$102.6M -$127.2M
Change in Inventories -- -- -- -- --
Cash From Operations $1.6M -$91.3M -$56.3M -$31.8M $7.5M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -$1.3M -- $1.2M $60.2M -$52M
Cash From Investing $63.3M $95.6M $23.1M $47M -$53.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- $75M
Long-Term Debt Repaid -- -- -- -$19.8M -$80.3M
Repurchase of Common Stock -- -$17.8M -$10M -$35K --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -$17.8M -$10M -$19.8M -$5.3M
 
Beginning Cash (CF) $703.2M $767.9M $754.3M $711.1M $706.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $65M -$13.5M -$43.2M -$4.6M -$50.9M
Ending Cash (CF) $767.9M $754.3M $711.1M $706.5M $655.7M
 
Levered Free Cash Flow $1.6M -$91.3M -$56.3M -$31.8M $7.5M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders $2.2M -$13.9M -$18.5M $13.5M $35.2M
Depreciation & Amoritzation -$414K -$422K -$321K -- --
Stock-Based Compensation -$321K $793K $1.2M $1.3M $1.6M
Change in Accounts Receivable -$12.8M $13M -$43.1M -$30.3M -$39.3M
Change in Inventories -- -- -- -- --
Cash From Operations -$1.9M $1.1M -$13.4M -$15.2M $41.3M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$511K -$12.8M $3.6M -$15.5M -$27M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- $74.1M --
Long-Term Debt Repaid -- -- -$6.4M -$62.3M --
Repurchase of Common Stock -$4.9M -$3.3M -$35K -- -$7.5M
Other Financing Activities -- -- -- -- --
Cash From Financing -$4.9M -$3.3M -$6.4M $11.8M -$7.5M
 
Beginning Cash (CF) $738.6M $744.9M $697.6M $683.3M $614.2M
Foreign Exchange Rate Adjustment -- -- -$202K -$503K $726K
Additions / Reductions -$7.3M -$15M -$16.2M -$18.9M $6.8M
Ending Cash (CF) $731.3M $729.9M $681.2M $663.9M $621.7M
 
Levered Free Cash Flow -$1.9M $1.1M -$13.4M -$15.2M $41.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$68.5M $35.3M $14.9M $104M $87.8M
Depreciation & Amoritzation $2.3M $2.3M -$684K -- --
Stock-Based Compensation $2.4M $3.5M $4.1M $4.9M $7.2M
Change in Accounts Receivable $30.5M -$109.3M -$120.1M -$155.7M -$116.7M
Change in Inventories -- -- -- -- --
Cash From Operations -$34.3M -$65.4M -$64.9M -$19M $104.1M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $4.9M $79.2M $22.9M $20.2M -$127.8M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -$6.4M -$92.8M -$12.8M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -- -$6.4M -$18.7M -$19.4M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$42.1M -$1.3M -$48.4M -$17.5M -$43.1M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$34.3M -$65.4M -$64.9M -$19M $104.1M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$38.2M -$6.7M -$9.4M $69.2M $70.2M
Depreciation & Amoritzation $723K $700K -- -- --
Stock-Based Compensation $1.4M $2.4M $3.3M $3.5M $4.6M
Change in Accounts Receivable -$26.4M -$46.4M -$97.2M -$150.3M -$139.8M
Change in Inventories -- -- -- -- --
Cash From Operations -$44.7M -$18.8M -$27.4M -$14.6M $82M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing $20.8M $4.4M $4.2M -$22.5M -$97.2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- $74.1M --
Long-Term Debt Repaid -- -- -$6.4M -$79.3M -$11.9M
Repurchase of Common Stock -$12.7M -$10M -$35K -- -$7.5M
Other Financing Activities -- -- -- -- --
Cash From Financing -$12.7M -$10M -$6.4M -$5.3M -$19.4M
 
Beginning Cash (CF) $2.3B $2.2B $2.1B $2.1B $1.9B
Foreign Exchange Rate Adjustment -$122K -- -$322K -$152K $619K
Additions / Reductions -$36.5M -$24.4M -$29.6M -$42.5M -$34.6M
Ending Cash (CF) $2.2B $2.2B $2.1B $2B $1.9B
 
Levered Free Cash Flow -$44.7M -$18.8M -$27.4M -$14.6M $82M

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