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Globe Telecom ADR
In the news
Financials
Income Statement
Revenue
Net income
| (PHP) | Dec 2023info | Y/Y change |
|---|---|---|
Revenue | 46.44B | 3.40% |
Operating expense | 29.09B | -0.37% |
Net income | 5.22B | -35.60% |
Net profit margin | 11.24 | -37.73% |
Earnings per share | 32.98 | 48.95% |
EBITDA | 17.58B | 14.40% |
Effective tax rate | 24.44% | — |
Balance Sheet
Total assets
Total liabilities
| (PHP) | Dec 2023info | Y/Y change |
|---|---|---|
Cash and short-term investments | 16.65B | -7.70% |
Total assets | 611.63B | 10.07% |
Total liabilities | 451.70B | 12.04% |
Total equity | 159.93B | — |
Shares outstanding | 144.23M | — |
Price to book | 0.03 | — |
Return on assets | 3.63% | — |
Return on capital | 4.50% | — |
Cash Flow
Net change in cash
| (PHP) | Dec 2023info | Y/Y change |
|---|---|---|
Net income | 5.22B | -35.60% |
Cash from operations | 23.04B | 36.83% |
Cash from investing | -15.15B | -89.82% |
Cash from financing | -7.20B | -42.70% |
Net change in cash | 668.24M | -81.66% |
Free cash flow | -6.52B | -708.31% |
About
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of November 2023, Globe has 54.7 million subscribers, making it the second largest network in terms of subscriber base.
The company's principal shareholders are Ayala Corporation and Singtel. It is listed on the Philippine Stock Exchange under the ticker symbol GLO.
Globe offers commercial wireless services through its 2G, 3G, 3.5G HSPA+, 4G LTE, and LTE-A networks, with 5G currently being deployed in key areas in the Philippines. Its 5G coverage is available in over 3,000 locations all over the country, and nearly 100% of the population in the National Capital Region, Davao City, and Cebu.
In 2016, Globe introduced its Globe Lifestyle brand as a way to connect to its customers through fashion. It also launched two entertainment divisions: Anima, which focuses on film and television production, and Globe Live, which focuses on live concerts and musical events. Wikipedia
CEO
Founded
1935
Website
Employees
7,754
