Globaltech Q2 revenue up 98% to $11.1M; net income $0.5M, but debt default persists

GlobalTech Corp

2026-Q2 EPS reported -$0.01 revenue$21,540,981

Q2 net revenue $11.1M, up 98% YoY; six-month revenue $21.5M, up 116% YoY.
Q2 consolidated net income $0.5M vs net loss $1.1M prior year; attributable to shareholders $0.2M.
Operating loss widened to $3.8M in Q2 from $1.0M prior year; first-half loss $3.5M incl. $2.8M non-cash share-based consultancy expense.
123 Investments Limited (Moda in Pelle) contributed $5.2M Q2 revenue; acquisition closed Dec 15, 2025.
As of June 30, 2026, $0.8M cash, $8.7M debt with $4.15M Term Finance Certificates in default; discussions ongoing.

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