GlobalTech Q1 revenue up 17% to $4.3M; net loss narrows to $1.1M

GlobalTech Corp

2025-Q1 EPS reported -$0.01 revenue$4,341,720

Net revenue $4.3M, up 17.3% YoY; telecom +4.9%, broadband +195.6% (now 16% of revenue).
Operating loss improved to $(0.9)M from $(1.2)M; operating margin (21.7%) vs (31%) prior year.
Net loss declined to $1.1M from $1.4M in Q1 2024.
Cash and equivalents $3.0M as of March 31, 2025 (including $2.7M restricted).
Entered acquisition agreement with Crickslab for baseball league management system software.

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