Global Brokerage, Inc. (GLBR) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
55 WATER ST. NEW YORK, NY 10041 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 200,914 | 203,854 | 338,840 | 365,245 | 272,332 | |||
| Cash and cash equivalents | 200,914 | 203,854 | 338,814 | 365,245 | 272,332 | |||
| Short-term investments | 26 | |||||||
| Restricted cash and investments | 661,936 | 685,043 | 1,331,723 | |||||
| Receivables | 5,435 | 3,402 | 12,927 | 17,645 | 5,485 | |||
| Disposal group, including discontinued operation | 97,103 | 233,937 | ||||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | 3,861 | 6,003 | ||
| Other undisclosed current assets | 3,363 | 3,781 | 50,557 | 1,206,540 | 1,209,400 | |||
| Total current assets: | 968,751 | 1,130,017 | 1,734,047 | 1,593,291 | 1,493,220 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 32,815 | 35,891 | 48,194 | 49,165 | 50,316 | |||
| Long-term investments and receivables | 7,881 | 9,381 | 5,950 | |||||
| Accounts and financing receivable, after allowance for credit loss | 7,881 | 9,381 | 5,950 | |||||
| Intangible assets, net (including goodwill) | 29,764 | 41,862 | 381,454 | 384,649 | 383,446 | |||
| Goodwill | 23,479 | 28,080 | 323,887 | 307,936 | 285,654 | |||
| Intangible assets, net (excluding goodwill) | 6,285 | 13,782 | 57,567 | 76,713 | 97,792 | |||
| Prepaid expense | 5,823 | 5,738 | ✕ | |||||
| Deposits noncurrent assets | 1,514 | 1,492 | 1,555 | |||||
| Deferred costs | 5,582 | 7,131 | ||||||
| Other noncurrent assets | 7,364 | 14,818 | 29,648 | 24,316 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 6,548 | ||
| Investments and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 9,793 | 12,000 | ||
| Other undisclosed noncurrent assets | 330 | 14 | 171,784 | 142,422 | 118,085 | |||
| Total noncurrent assets: | 70,273 | 100,466 | 653,380 | 630,656 | 571,950 | |||
| TOTAL ASSETS: | 1,039,024 | 1,230,483 | 2,387,427 | 2,223,947 | 2,065,170 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 55,491 | 38,298 | 56,039 | 69,697 | 65,431 | |||
| Interest and dividends payable | 162 | 162 | 202 | |||||
| Taxes payable | 920 | 1,375 | 2,158 | 1,046 | 1,231 | |||
| Employee-related liabilities | 7,271 | 8,671 | 11,864 | 9,485 | ||||
| Accounts payable | 24,926 | 16,529 | 23,256 | 41,528 | ||||
| Accrued liabilities | 2 | 10 | 19 | |||||
| Other undisclosed accounts payable and accrued liabilities | 22,210 | 11,551 | 18,540 | 17,638 | 64,200 | |||
| Debt | 25,000 | 9,800 | 22,867 | |||||
| Disposal group, including discontinued operation | 2,325 | 14,510 | ||||||
| Deferred tax liabilities | 7,100 | |||||||
| Due to related parties | 145 | 5,352 | 18,588 | 4,979 | ||||
| Other liabilities | 2,629 | |||||||
| Other undisclosed current liabilities | 663,407 | 686,116 | 1,352,275 | 1,199,532 | 1,290,256 | |||
| Total current liabilities: | 723,852 | 739,069 | 1,438,666 | 1,297,617 | 1,390,633 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 161,425 | 157,185 | 151,578 | 146,303 | ||||
| Long-term debt, excluding current maturities | 161,425 | 157,185 | 151,578 | 146,303 | ||||
| Liabilities, other than long-term debt | 7,534 | 465,221 | 154,167 | 144,646 | 99,622 | |||
| Deferred tax liabilities, net | 215 | 719 | 2,835 | 3,687 | 12,351 | |||
| Due to related parties | 145,224 | 131,670 | 87,271 | |||||
| Other liabilities | 7,319 | 16,044 | 6,108 | 9,289 | ||||
| Derivative instruments and hedges, liabilities | 448,458 | |||||||
| Other undisclosed noncurrent liabilities | 150,516 | 147,729 | ||||||
| Total noncurrent liabilities: | 319,475 | 770,135 | 305,745 | 290,949 | 99,622 | |||
| Total liabilities: | 1,043,327 | 1,509,204 | 1,744,411 | 1,588,566 | 1,490,255 | |||
| Temporary equity, carrying amount | 46,364 | |||||||
| Equity | ||||||||
| Equity, attributable to parent, including: | (73,240) | (263,120) | 284,688 | 256,882 | 181,559 | |||
| Additional paid in capital | 389,917 | 267,369 | 273,708 | 245,426 | 171,390 | |||
| Accumulated other comprehensive income (loss) | (2,312) | 1,004 | (11,879) | (5,344) | (1,301) | |||
| Retained earnings (accumulated deficit) | (460,907) | (531,550) | 22,379 | 16,352 | 11,122 | |||
| Other undisclosed equity, attributable to parent | 62 | 57 | 480 | 448 | 348 | |||
| Equity, attributable to noncontrolling interest | 22,573 | (15,601) | 358,328 | 378,499 | 393,356 | |||
| Total equity: | (50,667) | (278,721) | 643,016 | 635,381 | 574,915 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,039,024 | 1,230,483 | 2,387,427 | 2,223,947 | 2,065,170 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 284,056 | 402,278 | 463,757 | 489,588 | 417,315 | ||
| Financial services revenue | 282,427 | 401,269 | 544,433 | 575,887 | 467,322 | ||
| Gross profit: | 284,056 | 402,278 | 463,757 | 489,588 | 417,315 | ||
| Operating expenses | (285,224) | (553,899) | (424,615) | (429,303) | (367,088) | ||
| Operating income (loss): | (1,168) | (151,621) | 39,142 | 60,285 | 50,227 | ||
| Nonoperating income | 36,326 | 932 | 685 | ||||
| Investment income, nonoperating | 37,836 | ||||||
| Gain (loss), foreign currency transaction, before tax | (1,510) | 932 | 685 | ||||
| Interest and debt expense | (888) | (818) | (714) | (258) | (277) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (13,465) | (8,167) | (2,486) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 34,270 | (151,507) | 25,648 | 51,860 | 47,464 | ||
| Loss from equity method investments | (3,053) | (467) | (1,308) | (752) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | 131,353 | (481,331) | 1,308 | ||||
| Income (loss) from continuing operations before income taxes: | 162,570 | (633,305) | 25,648 | 51,108 | 47,464 | ||
| Income tax expense | (777) | (181,198) | (6,001) | (17,024) | (8,986) | ||
| Income (loss) from continuing operations: | 161,793 | (814,503) | 19,647 | 34,084 | 38,478 | ||
| Income (loss) before gain (loss) on sale of properties: | 43,933 | (932,797) | 19,647 | 34,084 | 38,478 | ||
| Loss from discontinued operations | (117,860) | (118,294) | |||||
| Other undisclosed net income | 752 | ||||||
| Net income (loss): | 43,933 | (932,797) | 19,647 | 34,836 | 38,478 | ||
| Net income attributable to noncontrolling interest | 2,804 | ||||||
| Other undisclosed net income (loss) attributable to parent | 23,906 | 378,868 | (2,496) | (20,004) | (29,520) | ||
| Net income (loss) available to common stockholders, diluted: | 70,643 | (553,929) | 17,151 | 14,832 | 8,958 | ||
Comprehensive Income ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 43,933 | (932,797) | 19,647 | 34,836 | 38,478 | ||
| Other comprehensive income (loss) | (5,198) | 20,910 | (11,361) | (9,570) | (3,426) | ||
| Comprehensive income (loss): | 38,735 | (911,887) | 8,286 | 25,266 | 35,052 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 28,592 | 370,841 | 2,330 | (14,477) | (27,537) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 67,327 | (541,046) | 10,616 | 10,789 | 7,515 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.