GLG Corp Ltd (GLE) AI Stock Analysis

• Market Cap: AU$9.63M
• Dividend Yield: N/A
• Average Volume (3M): 228.00
• Price to Earnings (P/E): ―
• Beta (1Y): >-0.01
• Revenue Growth: 2.16%
• EPS Growth: 69.16%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 81
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.02
• Shares Outstanding: 74,100,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 228
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 5.20
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 2.74
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

GLG Corp Ltd's overall stock performance is weak, primarily due to financial challenges such as declining profits and poor cash flow. Technical analysis indicates negative momentum, and the valuation suggests overvaluation due to negative earnings. Improvements in revenue growth and operational efficiency are crucial to enhance performance.

GLG Corp Ltd Business Overview & Revenue Model

Company Description

GLG Corp Ltd (GLE) is an international supplier of apparel and textile products, primarily engaged in the design, manufacture, and distribution of a wide range of garments. The company operates within the fashion and textiles industry, serving various global markets with its comprehensive portfolio of products, including casual wear, activewear, and workwear. With a focus on quality, innovation, and sustainability, GLG Corp Ltd partners with renowned brands to deliver tailored solutions that meet the demands of the ever-evolving fashion landscape.

How the Company Makes Money

GLG Corp Ltd generates revenue through its extensive operations in the apparel and textile industry by designing, manufacturing, and distributing garments to a diverse client base, including major retail brands and private labels. The company's key revenue streams include direct sales of its apparel products to retailers and wholesalers, as well as contract manufacturing services for private labels. Strategic partnerships with leading fashion brands and ongoing efforts to optimize supply chain efficiencies significantly contribute to its earnings. Additionally, GLG Corp Ltd may engage in collaborations or licensing agreements that enhance its product offerings and market reach, further supporting its financial performance.

GLG Corp Ltd Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
116.56M	116.49M	199.61M	138.00M	123.37M
	Gross Profit
18.24M	21.49M	41.29M	24.85M	27.13M
	EBIT
1.42M	-3.47M	13.30M	―	―
	EBITDA
6.14M	6.88M	20.16M	8.73M	―
	Net Income Common Stockholders
-3.69M	-1.95M	5.18M	―	―
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
12.02M	19.16M	13.89M	16.73M	―
	Total Assets
100.39M	114.83M	147.04M	113.47M	99.79M
	Total Debt
34.80M	40.33M	62.11M	51.00M	42.11M
	Net Debt
22.79M	21.17M	48.22M	34.27M	36.83M
	Total Liabilities
48.76M	59.51M	87.99M	71.87M	62.64M
	Stockholders Equity
51.63M	55.31M	59.05M	41.60M	37.15M
Cash Flow		Free Cash Flow
868.00K	33.08M	-2.86M	17.47M	32.02M
	Operating Cash Flow
1.81M	34.28M	-1.53M	20.09M	33.38M
	Investing Cash Flow
-937.00K	-1.16M	-1.31M	―	―
	Financing Cash Flow
-8.02M	-17.72M	-6.02M	―	―

GLG Corp Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GLE, the sentiment is Negative. The current price of 0.13 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.16, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 0.53 is Positive, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GLE.

GLG Corp Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BLX	73 Outperform	AU$777.43M	26.01	17.54%	2.32%	5.33%	-4.25%
BRG	71 Outperform	$4.26B	32.19	14.96%	1.14%	8.37%	13.92%
MYR	66 Neutral	€1.29B	26.88	8.55%	5.16%	-2.43%	-49.64%
Sector *	60 Neutral	$2.81B	11.04	0.20%	8508.34%	6.12%	-16.66%
GLE	41 Neutral	AU$9.63M	―	-2.22%	―	2.16%	69.16%

GLG Corp Ltd Corporate Events

GLG Corp Ltd Announces Change of Registered Office

GLG Corp Ltd has announced a change in its registered office location to Level 37, 180 George Street, Sydney, NSW 2000. This strategic move, authorized by the Board of Directors, may impact the company’s operational logistics and could potentially influence its market positioning in the textile and apparel industry.