What is Globl Tech Indus's earnings per share (EPS)?

Globl Tech Indus (GTII) reported diluted earnings per share of $-0.30 for fiscal year 2023. This represents a -500.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Globl Tech Indus Financials

GTII

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2023 Currency USD FYE December

This page shows Globl Tech Indus (GTII) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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 GTII FY2023 2026-04-22

External funding is keeping operations going, but cash burn and asset shrinkage are steadily erasing balance-sheet support underneath it.

From FY2022 to FY2023, operating cash burn jumped from $488K to $4.37M, a step-change that dwarfed the prior year's consumption. With only $2.24M of financing inflow in FY2023, new capital was mainly replacing cash used by operations rather than strengthening liquidity, which is why cash still finished the year at just $1.24M.

Balance-sheet damage came from asset erosion more than debt reduction, with long-term debt staying near $4.97M in both FY2022 and FY2023 instead of being worked down. Total assets fell from $18.3M to $1.28M, so equity turned negative because the asset base supporting creditors and shareholders shrank dramatically.

The funding base is also getting more spread out: shares outstanding increased about 40.7% from FY2022 to FY2023 while the current ratio was only 0.4x. That combination points to periodic capital raising serving as working support, with cash at $1.24M against current liabilities of $3.54M.

Financial Health Signals

Financial Profile 15/100

Based on FY2023 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Globl Tech Indus's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

Globl Tech Indus carries a low D/E ratio of -0.70, meaning only $-0.70 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Globl Tech Indus's current ratio of 0.36 is below the typical benchmark, resulting in a score of 1/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$-0.30

YoY-500.0%

Globl Tech Indus earned $-0.30 per diluted share (EPS) in fiscal year 2023. This represents a decrease of 500.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$1.2M

YoY-62.7%

5Y CAGR+175.4%

10Y CAGR+100.7%

Globl Tech Indus held $1.2M in cash against $5.0M in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

369M

YoY+40.7%

5Y CAGR+16.7%

10Y CAGR+46.4%

Globl Tech Indus had 369M shares outstanding in fiscal year 2023. This represents an increase of 40.7% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

GTII Income Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Revenue	N/A	N/A	$24K+183.8%	$9K	N/A	N/A
Cost of Revenue	N/A	N/A	$5K	N/A	N/A	N/A
Gross Profit	N/A	N/A	$19K+124.6%	$9K	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$436K+0.4%	$435K+83.3%	$237K+260.0%	$66K	N/A	N/A
Operating Income	N/A	-$13.1M-113.9%	-$6.1M	N/A	N/A	N/A
Interest Expense	$86K-20.6%	$108K+70.0%	$63K-68.4%	$201K+87.9%	$107K+3.3%	$103K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$13.6M-124.2%	-$6.1M	N/A	N/A	N/A
EPS (Diluted)	$-0.30-500.0%	$-0.05	N/A	N/A	N/A	N/A

Metric	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	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	$70K-92.6%	$947K+816.9%	$103K	N/A	$68K-48.1%	$130K+135.8%	$55K
Operating Income	N/A	-$2.1M+71.9%	-$7.4M+89.8%	-$72.6M	N/A	-$1.5M-50.7%	-$981K+14.1%	-$1.1M
Interest Expense	N/A	$2K-89.3%	$14K-0.1%	$14K	N/A	$12K-1.5%	$12K-79.0%	$59K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	$7K+100.1%	-$7.4M+89.8%	-$72.6M	N/A	-$1.8M-84.9%	-$978K+20.4%	-$1.2M
EPS (Diluted)	N/A	$0.00+100.0%	$-0.02	N/A	N/A	$-0.01	$0.00	N/A

GTII Balance Sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Total Assets	$1.3M-93.0%	$18.3M+216.5%	$5.8M+2141.8%	$259K+468.6%	$45K-76.2%	$191K
Current Assets	$1.3M-62.0%	$3.4M+276.4%	$892K+248.8%	$256K+462.1%	$45K-76.2%	$191K
Cash & Equivalents	$1.2M-62.7%	$3.3M+824.5%	$359K+14387.4%	$2K+72.8%	$1K-81.6%	$8K
Inventory	N/A	N/A	$291K	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	$3.8M	N/A	N/A	N/A
Total Liabilities	$8.3M-5.7%	$8.8M+94.5%	$4.5M+123.6%	$2.0M-64.7%	$5.8M+5.0%	$5.5M
Current Liabilities	$3.5M-12.5%	$4.1M+5.5%	$3.8M+88.9%	$2.0M-8.1%	$2.2M-59.6%	$5.5M
Long-Term Debt	$5.0M0.0%	$5.0M+363.4%	$1.1M	N/A	N/A	N/A
Total Equity	-$7.1M-174.2%	$9.5M+659.9%	$1.3M+170.5%	-$1.8M+68.9%	-$5.7M-8.0%	-$5.3M
Retained Earnings	-$345.6M-39.5%	-$247.7M-5.8%	-$234.2M-37.4%	-$170.4M-1.7%	-$167.6M-0.9%	-$166.2M

Metric	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22
Total Assets	$1.3M-92.9%	$17.9M-6.1%	$19.0M-1.4%	$19.3M+5.2%	$18.3M+19.2%	$15.4M-0.7%	$15.5M+2680.4%	$558K
Current Assets	$1.3M-55.6%	$2.9M-28.8%	$4.0M-6.2%	$4.3M+28.3%	$3.4M+890.2%	$339K-25.5%	$455K-6.4%	$486K
Cash & Equivalents	$1.2M-56.5%	$2.8M-29.0%	$4.0M-6.0%	$4.3M+28.5%	$3.3M+1081.8%	$281K-20.8%	$355K+1.4%	$350K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$8.3M+9.4%	$7.6M-27.8%	$10.6M+4.3%	$10.1M+14.5%	$8.8M+2.9%	$8.6M+6.1%	$8.1M+102.6%	$4.0M
Current Liabilities	$3.5M+25.4%	$2.8M-51.0%	$5.8M+8.1%	$5.3M+31.6%	$4.1M+6.6%	$3.8M+16.7%	$3.3M-18.6%	$4.0M
Long-Term Debt	$5.0M0.0%	$5.0M0.0%	$5.0M0.0%	$5.0M0.0%	$5.0M0.0%	$5.0M0.0%	$5.0M	N/A
Total Equity	-$7.1M-168.8%	$10.3M+20.9%	$8.5M-7.6%	$9.2M-3.5%	$9.5M+39.6%	$6.8M+28.0%	$5.3M+254.7%	-$3.4M
Retained Earnings	-$345.6M-5.5%	-$327.7M0.0%	-$327.7M-2.3%	-$320.3M-29.3%	-$247.7M-4.0%	-$238.2M-0.8%	-$236.3M-0.5%	-$235.2M

GTII Cash Flow Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Operating Cash Flow	-$4.4M-794.5%	-$488K+25.5%	-$656K-278.1%	-$173K+22.5%	-$224K+22.3%	-$288K
Capital Expenditures	N/A	N/A	$5K+55.6%	$3K	N/A	N/A
Free Cash Flow	N/A	N/A	-$661K-274.1%	-$177K	N/A	N/A
Investing Cash Flow	$50K+146.9%	-$107K-164.1%	$166K+5511.3%	-$3K-101.5%	$206K	N/A
Financing Cash Flow	$2.2M-37.1%	$3.6M+320.2%	$846K+376.7%	$178K+1517.1%	$11K-93.7%	$175K
Dividends Paid	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

Metric	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22
Operating Cash Flow	-$3.5M-3915.3%	-$87K+85.3%	-$590K-197.8%	-$198K+30.4%	-$285K+4.1%	-$297K-611.1%	$58K+65.3%	$35K
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	$0	$0	$0-100.0%	$50K0.0%	$50K	$0-100.0%	$27K+114.9%	-$184K
Financing Cash Flow	$1.9M+275.0%	-$1.1M-420.9%	$335K-69.4%	$1.1M-66.6%	$3.3M+1367.3%	$223K+376.8%	-$81K-157.8%	$139K
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

GTII Financial Ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Gross Margin	N/A	N/A	79.1%-20.9pp	100.0%	N/A	N/A
Operating Margin	N/A	N/A	-25421.0%	N/A	N/A	N/A
Net Margin	N/A	N/A	-25136.5%	N/A	N/A	N/A
Return on Equity	N/A	-143.0%+341.6pp	-484.6%	N/A	N/A	N/A
Return on Assets	N/A	-74.1%+30.5pp	-104.6%	N/A	N/A	N/A
Current Ratio	0.36-0.5	0.83+0.6	0.23+0.1	0.13+0.1	0.02-0.0	0.03
Debt-to-Equity	-0.70-1.2	0.52-0.3	0.86+2.0	-1.15-0.1	-1.01+0.0	-1.04
FCF Margin	N/A	N/A	-2738.9%-661.1pp	-2077.8%	N/A	N/A

Metric	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22
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	N/A	N/A	N/A	N/A
Return on Equity	N/A	0.1%+87.7pp	-87.6%+703.3pp	-791.0%	N/A	-26.5%-8.2pp	-18.4%	N/A
Return on Assets	N/A	0.0%+39.1pp	-39.1%+337.1pp	-376.1%	N/A	-11.7%-5.4pp	-6.3%+213.8pp	-220.1%
Current Ratio	0.36-0.7	1.02+0.3	0.70-0.1	0.81-0.0	0.83+0.7	0.09-0.1	0.14+0.0	0.12
Debt-to-Equity	-0.70-1.2	0.48-0.1	0.59+0.0	0.54+0.0	0.52-0.2	0.73-0.2	0.93+2.1	-1.16
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$7.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.36), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

How much debt does Globl Tech Indus have?

As of fiscal year 2023, Globl Tech Indus (GTII) had $1.2M in cash and equivalents against $5.0M in long-term debt.

What is Globl Tech Indus's operating cash flow?

Globl Tech Indus (GTII) generated -$4.4M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Globl Tech Indus's total assets?

Globl Tech Indus (GTII) had $1.3M in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does Globl Tech Indus have outstanding?

Globl Tech Indus (GTII) had 369M shares outstanding as of fiscal year 2023.

What is Globl Tech Indus's current ratio?

Globl Tech Indus (GTII) had a current ratio of 0.36 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Globl Tech Indus's debt-to-equity ratio?

Globl Tech Indus (GTII) had a debt-to-equity ratio of -0.70 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Globl Tech Indus's cash runway?

Based on fiscal year 2023 data, Globl Tech Indus (GTII) had $1.2M in cash against an annual operating cash burn of $4.4M. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Globl Tech Indus's debt-to-equity ratio negative or unusual?

Globl Tech Indus (GTII) has negative shareholder equity of -$7.1M as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

How financially healthy is Globl Tech Indus?

Globl Tech Indus (GTII) scores 15 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.