M&A
confidence high
sentiment neutral
materiality 0.70
GlobalTech closes acquisition of 123 Investments; acquired co. revenue $36.8M, net profit down 61%
GlobalTech Corp
- 123 Investments revenue $36.8M for FY ended Jan 28, 2025, up 10% YoY from $33.4M.
- Net profit fell 61% to $310K from $798K; operating profit rose to $1.78M from $1.18M.
- Cash dropped to $513K from $2.08M; total assets $11.1M, down from $16.6M.
- Acquisition closed Dec 15, 2025; audited and unaudited financials filed as Exhibits 99.1-99.4.
- Pro forma data gives effect to exchange as of Jan 29, 2025; filing required within 71 days of closing.