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    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
Globe Trade Centre S.A.
GBCEY
(Other OTC)

Recent

price

1.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.4
1.28
1.11
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
Revenue per Share
0.24
-2.24
-0.71
-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
Basic EPS, GAAP
-0.48
-0.93
0.22
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
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.03
0.04
0.16
- -
- -
0.12
0.1
0.1
- -
- -
Dividend per Share
6.75
4.51
2.24
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
Book Value per Share
8.72
6.01
5.43
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
Tangible Book Value per Share
120
120
137
162
175
186
230
233
239
242
243
244
287
287
287
- -
287
Basic Weighted Avg Shares
169
154
152
124
122
115
120
129
154
170
160
172
167
183
188
202
202
Sales/Revenue/Turnover
64.72
42.12
42.94
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
38.3
Operating Margin (%)
1
1
1
- -
- -
1
- -
1
1
1
1
1
- -
1
1
2
2
Depreciation Expense
29
-270
-97
-149
-182
45
159
156
91
75
-70
42
23
10
51
-155
-155
Net Income, GAAP
37.41
- -
- -
- -
- -
21.48
- -
17.01
13.15
18.19
- -
24.39
34.04
13.89
14.38
- -
161.62
Effective Tax Rate (%)
16.94
-175.93
-63.69
-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
-76.69
Profit Margin (%)
281
97
56
-94
8
87
11
30
17
-42
82
221
114
90
-82
-516
-516
Working Capital
1,295
1,029
871
779
800
659
739
908
993
1,027
1,111
1,214
1,231
1,272
1,427
1,062
1,062
LT Debt
1,053
724
744
575
426
621
790
941
1,021
1,059
974
1,117
1,136
1,126
1,176
1,034
1,034
Total Equity
2.87
- -
- -
- -
- -
3.73
- -
3.33
4.04
4.07
- -
3.58
2.73
3.59
3.4
- -
5.34
Return on Invested Capital (%)
2.8
- -
- -
- -
- -
8.89
- -
13.13
7.35
5.87
- -
3.61
2.3
2
4.19
- -
-15.17
Return on Capital (%)
3.61
-39.87
-22.74
-64.95
- -
- -
93.42
40.17
18.99
14.26
-13.87
8.47
4.61
2.13
10.28
-36.19
-36.19
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
816
856
890
LT Borrowings
781
825
1,025
LT Finance Leases
35
35
36
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
574
574
574
Market Capitalization
828
832
831

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
218
276
470
Cash, Cash Equivalents & STI
80
87
107
Accounts Receivable, Net
19
16
15
Inventories
- -
- -
- -
Total Current Liabilities
933
943
986
Payables & Accruals
- -
- -
- -
ST Debt
816
856
890
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
2023
43
47
46
48
183
2024
46
47
47
48
188
2025
50
51
50
50
202

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.04
-0.08
0.02
- -
0.04
2024
0.03
0.07
0.03
- -
0.18
2025
- -
-0.01
-0.1
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.1
2024
- -
- -
- -
- -
0.1
2025
- -
- -
- -
- -
- -
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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

APIChat

  • 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