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    Real Estate

  3. •

    Real Estate - Services
Globe Trade Centre S.A.

Globe Trade Centre S.A.

GBCEY
Globe Trade Centre S.A.US flagOther OTC
1.23
USD
- -
- -
176.58MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.76
0.7
0.62
0.52
0.55
0.64
0.7
0.66
0.71
0.58
0.64
0.65
0.7
0.72
Basic EPS, GAAP
-0.92
-1.04
0.24
0.69
0.67
0.38
0.31
-0.29
0.17
0.08
0.04
0.18
-0.54
-0.56
Free Cash Flow per Basic Share
0.25
0.27
0.21
-0.09
-0.32
-0.1
-0.18
0.09
0.06
0.31
0.33
0.34
0.26
0.28
Dividend per Share
- -
- -
- -
- -
0.03
0.04
0.16
- -
- -
0.12
0.1
0.1
- -
- -
Book Value per Share
0.94
-0.19
0.07
1.42
1.94
2.13
2.23
1.94
2.1
1.75
1.69
1.76
1.22
1.2
Tangible Book Value per Share
3.54
2.43
3.35
3.43
4.04
4.28
4.37
4.01
4.58
3.96
3.92
4.1
3.6
3.57
Basic Weighted Avg Shares
162
175
186
230
233
239
242
243
244
287
287
287
287
287
Sales/Revenue/Turnover
124
122
115
120
129
154
170
160
172
167
183
188
202
206
Operating Margin (%)
51.29
56.39
55.79
58.38
57.07
62.28
65.2
65.41
65.23
60.56
55.4
55.89
38.3
40.42
Depreciation Expense
- -
- -
1
- -
1
1
1
1
1
- -
1
1
2
2
Net Income, GAAP
-149
-182
45
159
156
91
75
-70
42
23
10
51
-155
-162
Effective Tax Rate (%)
- -
- -
21.48
- -
17.01
13.15
18.19
- -
24.39
34.04
13.89
14.38
- -
2,545.83
Profit Margin (%)
-120.15
-149.38
38.84
131.79
121.41
59.24
44.08
-43.83
24.22
14.05
5.73
27.15
-76.69
-78.55
Working Capital
-94
8
87
11
30
17
-42
82
221
114
90
-82
-516
-493
LT Debt
779
800
659
739
908
993
1,027
1,111
1,214
1,231
1,272
1,427
1,062
1,087
Total Equity
575
426
621
790
941
1,021
1,059
974
1,117
1,136
1,126
1,176
1,034
1,026
Return on Invested Capital (%)
- -
- -
3.73
- -
3.33
4.04
4.07
- -
3.58
2.73
3.59
3.4
- -
1.98
Return on Capital (%)
- -
- -
8.89
- -
13.13
7.35
5.87
- -
3.61
2.3
2
4.19
- -
655.31
Return on Common Equity (%)
-64.95
- -
- -
93.42
40.17
18.99
14.26
-13.87
8.47
4.61
2.13
10.28
-36.19
-37.91

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
856
890
584
LT Borrowings
825
1,025
1,052
LT Finance Leases
35
36
35
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
574
574
574
Market Capitalization
832
831
306

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
276
470
182
Cash, Cash Equivalents & STI
87
107
47
Accounts Receivable, Net
16
15
17
Inventories
- -
- -
- -
Total Current Liabilities
943
986
674
Payables & Accruals
- -
- -
- -
ST Debt
856
890
584
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.83%
1.58%
-12.06%
Free Cash Flow
47.94%
99.32%
-22.76%
Net Income, GAAP
-27.88%
-55.61%
-404.52%
Sales/Revenue/Turnover
5.99%
4.88%
7.79%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
46
47
47
48
188
2025
50
51
50
50
202
2026
53
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.07
0.03
- -
0.18
2025
- -
-0.01
-0.1
- -
-0.54
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.1
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Antal Botond Rencz
Full Time Employees
219
Sector
Real Estate
Industry
Real Estate - Services
Address
Nothus Building Warsaw Poland 02-146
IPO Date
May 12, 2015
Website
gtc.com.pl
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Business
Globe Trade Centre S.A. (GTC) is a Poland-based real estate developer and investor that engages in the development, leasing, management and rental of high-standard office buildings, retail and shopping centers, and residential properties including houses and apartments; it also provides real estate services such as property management and maintenance. The company operates a portfolio of 48 commercial buildings offering over 745,000 square meters of leasable office and retail space across key Central and Eastern European capitals including Warsaw (Poland), Budapest (Hungary), Bucharest (Romania), Belgrade (Serbia), Zagreb (Croatia) and Sofia (Bulgaria), with additional activities in Germany and a development pipeline exceeding 336,000 square meters; founded in 1994 and headquartered at Nothus Building in Warsaw, Poland, GTC targets corporate tenants, retailers and residential buyers with sustainable projects certified under LEED, BREEAM or DGNB standards. Recent developments include the November 2024 acquisition of a German residential portfolio from Peach Property Group AG and LFH Portfolio Acquico S.à r.l. for approximately EUR 167 million in cash plus participating notes, comprising multiple residential assets with advanced sustainability features like heat pumps and AI-driven management; the exercise of options in early 2025 to acquire remaining minority stakes in this portfolio from co-investors; the sale of its Bulgarian subsidiary GOC EAD holding a Sofia landbank in December 2024; acquisitions of German land plots for senior housing in 2024; a refinancing of Hungarian subsidiary debt via a EUR 195 million tender offer; and executive appointments such as Sebastian Junghanel as COO and leadership changes in finance during 2025.

Company News

APIChatGPT

  • seekingalpha.com

    Globe Trade Centre S.A. (GBCEY) Shareholder/Analyst Call Prepared Remarks Transcript

  • seekingalpha.com

    Globe Trade Centre S.A. (GBCEY) Q3 2025 Earnings Call Transcript

  • seekingalpha.com

    Globe Trade Centre S.A. (GBCEY) Q2 2025 Earnings Call Transcript