---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-019085"
form_type: "8-K"
ticker: "GTLL"
cik: "0000932021"
company_name: "GLOBAL TECHNOLOGIES LTD"
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T01:42:08.766720+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Global Technologies Q1 net income $2.76M vs loss; revenue $451K from $14K

## Summary
- 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).

## SEC filing metadata
- accession: 0001493152-24-019085
- form_type: 8-K
- ticker: GTLL
- cik: 0000932021
- company_name: GLOBAL TECHNOLOGIES LTD
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932021/000149315224019085/0001493152-24-019085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932021/000149315224019085/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-019085
- JSON: https://secwatch.observer/filing/0001493152-24-019085.json
- Plain text: https://secwatch.observer/filing/0001493152-24-019085.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.