GLOP-PA Financials

GLOP-PA

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows GLOP-PA (GLOP-PA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI GLOP-PA FY2025 2026-04-22

Cash generation is being harvested from a shrinking asset base, with little reinvestment and a much lighter liability load.

In the latest year, free cash flow stayed at $176M even though net income fell to -$20M. Set against two straight years of lower assets and only $16M of capex, that gap points to a business collecting cash from existing assets faster than it is rebuilding them, so accounting losses and cash yield are telling different stories.

The balance sheet looks lightly levered; debt to equity stayed below 0.1x in FY2025 and total liabilities remained far below equity. But near-term liquidity is thin, with just $5.2M of cash and a current ratio of 0.4x, so day-to-day flexibility depends on continuing internal cash inflow rather than a stored cash buffer; solvency and liquidity are not saying the same thing.

Capital intensity is unusually low for the cash being produced: operating cash flow was $192M while capex was only $16M. Combined with repeated financing outflows and assets falling from $1.67B to $1.20B over the last two years, the statements read more like balance-sheet shrinkage and cash distribution than expansion.

Financial Health Signals

Financial health score pending refresh

We are recalculating GLOP-PA's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

3/7

GLOP-PA passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-9.51x

For every $1 of reported earnings, GLOP-PA generates $-9.51 in operating cash flow ($191.7M OCF vs -$20.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$278.2M

YoY-21.9%

5Y CAGR-3.6%

10Y CAGR+1.1%

GLOP-PA generated $278.2M in revenue in fiscal year 2025. This represents a decrease of 21.9% from the prior year.

EBITDA

N/A

Net Income

-$20.2M

YoY-113.4%

GLOP-PA reported -$20.2M in net income in fiscal year 2025. This represents a decrease of 113.4% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$175.6M

YoY-32.8%

5Y CAGR-2.0%

GLOP-PA generated $175.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 32.8% from the prior year.

Cash & Debt

$5.2M

YoY-32.8%

5Y CAGR-45.0%

10Y CAGR-22.9%

GLOP-PA held $5.2M in cash against $26.2M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-7.2%

YoY-49.6pp

5Y CAGR-24.3pp

10Y CAGR-40.9pp

GLOP-PA's net profit margin was -7.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 49.6 percentage points from the prior year.

Return on Equity

-1.8%

YoY-13.5pp

5Y CAGR-7.8pp

10Y CAGR-12.6pp

GLOP-PA's ROE was -1.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 13.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$16.1M

YoY+89.9%

5Y CAGR-7.4%

GLOP-PA invested $16.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 89.9% from the prior year.

GLOP-PA Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$278.2M-21.9%	$356.3M-10.5%	$397.8M+7.2%	$371.0M+13.8%	$326.1M-2.3%	$333.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$4.9M+6.1%	$4.7M+23.2%	$3.8M+126.9%	$1.7M+400.9%	$333K+909.1%	$33K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$20.2M-113.4%	$150.9M+8.8%	$138.7M+16.6%	$119.0M+1978.0%	$5.7M-89.9%	$56.9M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20
Revenue	N/A	N/A	N/A	N/A	$84.9M	N/A	$70.4M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	$397K	N/A	$4K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	$761K	N/A	$14.7M	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

GLOP-PA Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.2B-16.9%	$1.4B-13.2%	$1.7B-17.3%	$2.0B-5.5%	$2.1B-8.6%	$2.3B
Current Assets	$29.7M-22.4%	$38.3M-36.5%	$60.2M-75.2%	$243.0M+50.8%	$161.1M+28.1%	$125.7M
Cash & Equivalents	$5.2M-32.8%	$7.8M-34.6%	$11.9M-94.0%	$198.1M+36.1%	$145.5M+40.3%	$103.7M
Inventory	$4.6M+70.4%	$2.7M-6.4%	$2.9M+0.6%	$2.9M-3.2%	$3.0M-1.5%	$3.0M
Accounts Receivable	$17.0M+26.7%	$13.4M-45.3%	$24.4M+118.5%	$11.2M+0.3%	$11.2M-31.4%	$16.3M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$107.5M-28.1%	$149.4M+2.5%	$145.8M-86.2%	$1.1B-13.0%	$1.2B-12.1%	$1.4B
Current Liabilities	$81.0M-3.8%	$84.3M+4.9%	$80.3M-54.7%	$177.2M+1.0%	$175.5M-5.2%	$185.2M
Long-Term Debt	$26.2M-59.5%	$64.9M-0.3%	$65.1M+44.2%	$45.1M-0.9%	$45.6M+40575.0%	$112K
Total Equity	$1.1B-15.6%	$1.3B-14.7%	$1.5B+58.2%	$960.9M+4.5%	$919.5M-3.6%	$953.8M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20
Total Assets	$1.2B-16.9%	$1.4B-13.2%	$1.7B-17.3%	$2.0B-3.1%	$2.1B-2.5%	$2.1B-8.0%	$2.3B-0.7%	$2.3B
Current Assets	$29.7M-22.4%	$38.3M-36.5%	$60.2M-75.2%	$243.0M-16.7%	$291.6M+81.0%	$161.1M+13.8%	$141.6M+12.6%	$125.7M
Cash & Equivalents	$5.2M-32.8%	$7.8M-34.6%	$11.9M-94.0%	$198.1M+34.5%	$147.3M+1.2%	$145.5M+21.5%	$119.8M+15.5%	$103.7M
Inventory	$4.6M+70.4%	$2.7M-6.4%	$2.9M+0.6%	$2.9M-8.2%	$3.2M+5.4%	$3.0M-4.9%	$3.1M+3.6%	$3.0M
Accounts Receivable	$17.0M+26.7%	$13.4M-45.3%	$24.4M+118.5%	$11.2M-29.3%	$15.8M+41.9%	$11.2M-20.0%	$13.9M-14.2%	$16.3M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$107.5M-28.1%	$149.4M+2.5%	$145.8M-86.2%	$1.1B-8.9%	$1.2B-4.5%	$1.2B-8.1%	$1.3B-4.3%	$1.4B
Current Liabilities	$81.0M-3.8%	$84.3M+4.9%	$80.3M-54.7%	$177.2M-26.1%	$239.8M+36.6%	$175.5M-4.2%	$183.2M-1.1%	$185.2M
Long-Term Debt	$26.2M-59.5%	$64.9M-0.3%	$65.1M+44.2%	$45.1M+11.8%	$40.4M-11.4%	$45.6M+23024.9%	$197K+75.9%	$112K
Total Equity	$1.1B-15.6%	$1.3B-14.7%	$1.5B+58.2%	$960.9M+4.2%	$921.9M+0.3%	$919.5M-7.8%	$997.7M+4.6%	$953.8M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

GLOP-PA Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$191.7M-29.0%	$269.9M+2.9%	$262.4M-5.5%	$277.7M+19.0%	$233.4M+6.9%	$218.4M
Capital Expenditures	$16.1M+89.9%	$8.5M-44.1%	$15.2M+499.8%	$2.5M-87.0%	$19.4M-17.7%	$23.6M
Free Cash Flow	$175.6M-32.8%	$261.4M+5.7%	$247.2M-10.2%	$275.2M+28.6%	$213.9M+9.9%	$194.7M
Investing Cash Flow	$35.3M-74.7%	$139.4M-6.7%	$149.4M+95.6%	$76.4M-22.2%	$98.2M+521.5%	-$23.3M
Financing Cash Flow	-$229.5M+44.5%	-$413.4M+30.9%	-$598.4M-98.0%	-$302.3M-4.3%	-$289.8M-54.0%	-$188.2M
Dividends Paid	$130.2M-42.5%	$226.4M-22.5%	$292.3M+904.3%	$29.1M-8.7%	$31.9M-54.2%	$69.6M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

GLOP-PA Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-7.2%-49.6pp	42.4%+7.5pp	34.9%+2.8pp	32.1%+30.3pp	1.8%-15.3pp	17.0%
Return on Equity	-1.8%-13.5pp	11.6%+2.5pp	9.1%-3.3pp	12.4%+11.8pp	0.6%-5.3pp	6.0%
Return on Assets	-1.7%-12.1pp	10.4%+2.1pp	8.3%+2.4pp	5.9%+5.6pp	0.3%-2.2pp	2.4%
Current Ratio	0.37-0.1	0.45-0.3	0.75-0.6	1.37+0.5	0.92+0.2	0.68
Debt-to-Equity	0.02-0.0	0.050.0	0.040.0	0.050.0	0.05+0.0	0.00
FCF Margin	63.1%-10.3pp	73.4%+11.2pp	62.1%-12.0pp	74.2%+8.6pp	65.6%+7.2pp	58.4%

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21	Q4'20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	0.9%	N/A	20.8%	N/A
Return on Equity	N/A	N/A	N/A	N/A	0.1%	N/A	1.5%	N/A
Return on Assets	N/A	N/A	N/A	N/A	0.0%	N/A	0.6%	N/A
Current Ratio	0.37-0.1	0.45-0.3	0.75-0.6	1.37+0.2	1.22+0.3	0.92+0.1	0.77+0.1	0.68
Debt-to-Equity	0.02-0.0	0.050.0	0.040.0	0.050.0	0.040.0	0.05+0.0	0.000.0	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.37), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is GLOP-PA's annual revenue?

GLOP-PA (GLOP-PA) reported $278.2M in total revenue for fiscal year 2025. This represents a -21.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is GLOP-PA's revenue growing?

GLOP-PA (GLOP-PA) revenue declined by 21.9% year-over-year, from $356.3M to $278.2M in fiscal year 2025.

Is GLOP-PA profitable?

No, GLOP-PA (GLOP-PA) reported a net income of -$20.2M in fiscal year 2025, with a net profit margin of -7.2%.

How much debt does GLOP-PA have?

As of fiscal year 2025, GLOP-PA (GLOP-PA) had $5.2M in cash and equivalents against $26.2M in long-term debt.

What is GLOP-PA's net profit margin?

GLOP-PA (GLOP-PA) had a net profit margin of -7.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is GLOP-PA's return on equity (ROE)?

GLOP-PA (GLOP-PA) has a return on equity of -1.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is GLOP-PA's free cash flow?

GLOP-PA (GLOP-PA) generated $175.6M in free cash flow during fiscal year 2025. This represents a -32.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is GLOP-PA's operating cash flow?

GLOP-PA (GLOP-PA) generated $191.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are GLOP-PA's total assets?

GLOP-PA (GLOP-PA) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are GLOP-PA's capital expenditures?

GLOP-PA (GLOP-PA) invested $16.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is GLOP-PA's current ratio?

GLOP-PA (GLOP-PA) had a current ratio of 0.37 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is GLOP-PA's debt-to-equity ratio?

GLOP-PA (GLOP-PA) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is GLOP-PA's return on assets (ROA)?

GLOP-PA (GLOP-PA) had a return on assets of -1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is GLOP-PA's Piotroski F-Score?

GLOP-PA (GLOP-PA) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are GLOP-PA's earnings high quality?

GLOP-PA (GLOP-PA) has an earnings quality ratio of -9.51x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.