| 10-Q | 2020-02-29 | Filed 2020-04-15 |
| 10-Q | 2019-11-30 | Filed 2020-01-14 |
| 10-K | 2019-08-31 | Filed 2019-12-13 |
| 10-Q | 2019-05-31 | Filed 2019-07-17 |
| 10-Q | 2019-02-28 | Filed 2019-04-17 |
| 10-Q | 2018-11-30 | Filed 2019-01-14 |
| 10-K | 2018-08-31 | Filed 2018-12-14 |
| 10-Q | 2018-05-31 | Filed 2018-07-16 |
| 10-Q | 2018-02-28 | Filed 2018-04-16 |
| 10-Q | 2017-11-30 | Filed 2018-01-16 |
| 10-K | 2017-08-31 | Filed 2017-12-14 |
| 10-Q | 2017-05-31 | Filed 2017-07-17 |
| 10-Q | 2017-02-28 | Filed 2017-04-14 |
| 10-Q | 2016-11-30 | Filed 2017-01-13 |
| 10-K | 2016-08-31 | Filed 2016-12-08 |
| 10-Q | 2016-05-31 | Filed 2016-07-15 |
| 10-Q | 2016-02-29 | Filed 2016-04-14 |
| 10-Q | 2015-11-30 | Filed 2016-01-14 |
| 10-K | 2015-08-31 | Filed 2015-11-30 |
| 10-Q | 2015-05-31 | Filed 2015-07-13 |
| 10-Q | 2015-02-28 | Filed 2015-04-15 |
| 10-Q | 2014-11-30 | Filed 2015-01-14 |
| 10-K | 2014-08-31 | Filed 2014-12-03 |
| 10-Q | 2014-05-31 | Filed 2014-07-15 |
| 10-Q | 2013-11-30 | Filed 2014-01-14 |
| 10-K | 2013-08-31 | Filed 2013-12-16 |
All dollar amounts refer to US dollars unless otherwise indicated.
Globe Net is a Nevada company and was incorporated on September 4, 2009. Globe Net is a “shell” company as defined by the SEC as a result of only having nominal operations and nominal assets. Globe Net is an “emerging growth company” under the federal securities laws and will be subject to reduced public company reporting requirements.
In August 2016 Globe Net began developing software to be used in the open source application programming interface (“API”) ecosystems. In November 2016 Globe Net completed its beta-testing of its new mobile text marketing platform, TextPro Connect IQ, and has commenced the development and testing of a second API application known as Swappit. Management is also actively looking for other related applications to develop and incubate.
| Comps ($'000 TTM) | Market Cap | Gross Margin | EV/EBITDA | Ret on Assets | Assets | Liabilities | Revenue | G Profit | Net Income | EBITDA | EV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Destiny Media Technologies (DSNY) | 13,203 | 0% | 15.7 | 19% | 3,468 | 520 | 3,730 | 0 | 668 | 762 | 11,972 |
| Acacia Diversified Holdings (ACCA) | 2,907 | 30% | -2.1 | -194% | 761 | 1,965 | 683 | 206 | -1,478 | -1,330 | 2,849 |
| BTCS (BTCS) | 2,833 | -3.0 | -168% | 543 | 132 | 0 | 0 | -912 | -854 | 2,536 | |
| Goldrich Mining (GRMC) | 2,791 | -8.9 | -66% | 1,051 | 6,631 | 0 | 0 | -697 | -313 | 2,769 | |
| Glyeco (GLYE) | 2,767 | 7% | -5.0 | -37% | 9,201 | 11,578 | 8,092 | 565 | -3,375 | -1,074 | 5,325 |
| Foothills Exploration (FTXP) | 2,745 | 0% | -0.3 | -67% | 13,631 | 24,786 | 2,064 | 0 | -9,084 | -8,162 | 2,604 |
| Reliability (RLBY) | 2,706 | -229.2 | -849% | 2 | 168 | 0 | 0 | -20 | -12 | 2,704 | |
| Globe Net Wireless (GNTW) | 2,700 | -133.8 | -948% | 3 | 182 | 0 | 0 | -32 | -20 | 2,704 | |
| Concierge Technologies (CNCG) | 2,687 | 85% | -3.3 | 0% | 22,283 | 4,963 | 22,268 | 18,934 | 31 | 1,166 | -3,849 |
| Escalon Medical (ESMC) | 2,681 | 31% | 8.9 | 3% | 6,074 | 3,290 | 7,376 | 2,250 | 176 | 227 | 2,012 |
| Transakt (TAKD) | 2,670 | -17.8 | -111% | 129 | 27 | 0 | 0 | -143 | -143 | 2,542 | |
| CUR Media (CURM) | 2,551 | -7.5 | -108% | 1,080 | 14,921 | 0 | 0 | -1,162 | -374 | 2,814 | |
| Enertopia (ENRT) | 2,549 | -5.7 | -696% | 64 | 464 | 0 | 0 | -444 | -443 | 2,535 | |
| AbTech (ABHD) | 2,524 | 10% | -0.8 | -600% | 695 | 14,816 | 493 | 51 | -4,171 | -3,190 | 2,501 |
| Plastic2Oil (PTOI) | 2,495 | -3.1 | -264% | 732 | 16,922 | 0 | 0 | -1,932 | -855 | 2,636 | |
| US Neurosurgical Holdings (USNU) | 2,493 | 0% | 2.6 | 5% | 5,353 | 2,100 | 2,324 | 0 | 242 | 420 | 1,101 |
| YBCC (YBAO) | 2,474 | 25% | 36.4 | 2% | 3,851 | 3,698 | 1,880 | 461 | 65 | 67 | 2,436 |
| DDR (DDR) | 2,461 | 0% | -0.1 | -6% | 4,620,092 | 2,645,101 | 363,154 | 0 | -283,260 | 153,686 | -10,812 |
| ZZLL Information Technology (ZZLL) | 2,433 | 52% | -121.9 | -6% | 329 | 1,112 | 42 | 21 | -20 | -20 | 2,424 |
| Morgan Group Holding (MGHL) | 2,430 | -35.6 | -74% | 89 | 18 | 0 | 0 | -66 | -66 | 2,350 |
| Balance Sheet ($'000) | 2013-05-31 | 2013-08-31 | 2013-11-30 | 2014-05-31 | 2014-08-31 | 2014-11-30 | 2015-02-28 | 2015-05-31 | 2015-08-31 | 2015-11-30 | 2016-02-29 | 2016-05-31 | 2016-08-31 | 2016-11-30 | 2017-02-28 | 2017-05-31 | 2017-08-31 | 2017-11-30 | 2018-02-28 | 2018-05-31 | 2018-08-31 | 2018-11-30 | 2019-02-28 | 2019-05-31 |
| Cash | 10 | 20 | 33 | 19 | 18 | 7 | 4 | 2 | 1 | 9 | 6 | 1 | 4 | 17 | 2 | 15 | 9 | 5 | 2 | 12 | 8 | 7 | 3 | 0 |
| Accounts Receivable | ||||||||||||||||||||||||
| Inventory | ||||||||||||||||||||||||
| PP&E | ||||||||||||||||||||||||
| Assets | 10 | 41 | 54 | 29 | 18 | 7 | 4 | 2 | 1 | 9 | 6 | 3 | 10 | 28 | 11 | 24 | 17 | 12 | 8 | 19 | 15 | 12 | 6 | 3 |
| Accounts Payable | 14 | 24 | 10 | 10 | 11 | 9 | 12 | 2 | 10 | 3 | 1 | 10 | 1 | 11 | 2 | 3 | 3 | 5 | 13 | 2 | 1 | 4 | 7 | 8 |
| Long-Term Debt | 2 | 3 | 3 | 1 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | |||||||||||||
| Liabilities | 62 | 78 | 66 | 59 | 64 | 55 | 59 | 60 | 66 | 80 | 81 | 85 | 104 | 111 | 105 | 129 | 137 | 143 | 147 | 166 | 172 | 176 | 178 | 182 |
| Stockholders' Equity | -51 | -37 | -12 | -30 | -46 | -48 | -55 | -58 | -66 | -71 | -75 | -83 | -94 | -83 | -94 | -105 | -120 | -131 | -140 | -147 | -158 | -164 | -172 | -179 |
| Income Statement ($'000) | 2013-05-31 | 2013-08-31 | 2013-11-30 | 2014-05-31 | 2014-08-31 | 2014-11-30 | 2015-02-28 | 2015-05-31 | 2015-08-31 | 2015-11-30 | 2016-02-29 | 2016-05-31 | 2016-08-31 | 2016-11-30 | 2017-02-28 | 2017-05-31 | 2017-08-31 | 2017-11-30 | 2018-02-28 | 2018-05-31 | 2018-08-31 | 2018-11-30 | 2019-02-28 | 2019-05-31 |
| Revenue | ||||||||||||||||||||||||
| Cost of Revenue | ||||||||||||||||||||||||
| Gross Profit | ||||||||||||||||||||||||
| R&D | ||||||||||||||||||||||||
| SG&A | 2 | 21 | 4 | 12 | 15 | 2 | 6 | 1 | 7 | 5 | 2 | 7 | 10 | 6 | 8 | 10 | 13 | 8 | 6 | 4 | 7 | 3 | 5 | 4 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Net Income | -3 | -22 | -5 | -13 | -16 | -3 | 4 | -2 | -8 | -6 | -4 | -8 | -11 | -7 | -11 | -11 | -17 | -11 | -8 | -7 | -11 | -6 | -8 | -7 |
| Cash Flow ($'000) | 2013-05-31 | 2013-08-31 | 2013-11-30 | 2014-05-31 | 2014-08-31 | 2014-11-30 | 2015-02-28 | 2015-05-31 | 2015-08-31 | 2015-11-30 | 2016-02-29 | 2016-05-31 | 2016-08-31 | 2016-11-30 | 2017-02-28 | 2017-05-31 | 2017-08-31 | 2017-11-30 | 2018-02-28 | 2018-05-31 | 2018-08-31 | 2018-11-30 | 2019-02-28 | 2019-05-31 |
| Cash Operating | -25 | -16 | -1 | -11 | -3 | -2 | -1 | -12 | -3 | -5 | -18 | -1 | -16 | -2 | -6 | -4 | -3 | -15 | -4 | -2 | -4 | -2 | ||
| Cash Investing | 0 | 0 | 0 | 0 | 0 | -5 | 0 | -5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cash Financing | 35 | 30 | 0 | 0 | 0 | 20 | 0 | 0 | 20 | 20 | 0 | 20 | 0 | 0 | 0 | 25 | 0 | 0 | 0 | 0 | ||||