Globaltech Q1 revenue $10.4M (+142% YoY); net loss widens to $4.0M

GlobalTech Corp

2026-Q1 EPS reported -$0.01 revenue$10,425,009

Net revenue $10.4M, up ~142% YoY from $4.3M, driven by Moda in Pelle acquisition and tech services.
GAAP net loss $(4.0)M ($(0.014) per share) vs $(1.1)M loss in Q1 2025.
GAAP loss from operations $(3.2)M vs $(0.9)M; Adjusted EBITDA $(1.3)M.
Total assets $100.8M, shareholders' equity $36.1M as of March 31, 2026.
51% interest in 123 Investments Ltd (Moda in Pelle) acquired Dec 15, 2025 contributed to revenue.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GlobalTech Corp reported the first quarter ended March 31, 2025 results: revenue approximately $4.3 million.

Period: the first quarter ended March 31, 2025
Revenue: approximately $4.3 million
Result: reported results

Exact text from the filing

Globaltech reported net revenue of approximately $10.4 million, compared with approximately $4.3 million for the same period in 2025.

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Source: SEC EDGAR

accession 0001477932-26-003382

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