earnings
confidence high
sentiment positive
materiality 0.65
Global Technologies Q1 net income $2.76M vs loss; revenue $451K from $14K
GLOBAL TECHNOLOGIES LTD
2024-Q3 EPS reported
$0.00
revenue$451,509
- Net income of $2,756,900, compared to net loss of $668,382 in Q1 2023; driven by revenue, property sale, and derivative gain.
- Revenue of $451,509, up from $14,000 year-over-year, mainly from sales introduction services.
- Gross profit of $87,310 improved from $14,000, reflecting scaling of service operations.
- Shareholder deficiency improved to -$630,878 from -$4,528,007 at June 30, 2023.
- Strategic transition from real estate to technology/services: health/wellness (10 Fold) and EV charging (GOe3).