GlobalTech Corp

GlobalTech Corp. reported a significant increase in net revenue for the second quarter of 2026, reaching $11.12 million, up from $5.63 million in the prior year. The company also turned a net profit of $0.53 million for the quarter, compared to a net loss of $1.12 million in Q2 2025. For the six months ended June 30, 2026, net revenue grew to $21.54 million, though the company recorded a net loss of $3.49 million. Additionally, its subsidiary 123 Investments Limited divested two footwear-related subsidiaries, MIP Employees 1975 Limited and MIP Trading 1975 Limited, as of May 14, 2026.

GlobalTech Corp filed an Amendment No. 1 to its Form 10-Q for the quarter ended March 31, 2026. The amendment was made to include previously undisclosed unregistered sales of equity securities that were not reported in a Current Report on Form 8-K. The company disclosed the issuance of 225,000 common shares to ArcStone Branding Inc., 20,000 shares to another investor relations firm, and 107,000 shares to an advisory firm during the quarter. New certifications from principal officers were also filed.

GlobalTech Corporation has engaged MZ Group to lead its strategic investor relations and shareholder communications program. This initiative aims to enhance the company's capital markets strategy, expand investor outreach, and support its planned uplisting to the Nasdaq Capital Market. GlobalTech reported over $10.45 million in revenue for the first quarter of 2026 and manages approximately $103.7 million in infrastructure assets.

GlobalTech Corporation issued a letter to shareholders outlining its strategy focused on disciplined execution, capital allocation, and transparent reporting. The company detailed its acquisition of a controlling stake in Moda in Pelle, progress on AI-driven platforms like Cadnz and ThrivoAI, and recent convertible note financing. GlobalTech also announced efforts to uplist its stock to the Nasdaq Capital Market and welcomed Frank R. Parrish, III as President.

GlobalTech reported its first-quarter 2026 financial results, with net revenue increasing to $10.4 million, up from $4.3 million in the prior-year period, largely driven by the acquisition of Moda in Pelle. However, the company also reported a wider GAAP net loss of $(4.0) million, compared to $(1.1) million in Q1 2025, attributed to increased operating costs and integration expenses. Management emphasized a focus on disciplined integration, cost control, and long-term value creation, while also advancing its public-company readiness and technology strategy.

GlobalTech Corp reported a significant widening of its net loss to $4.03 million for Q1 2026, compared to a $1.13 million loss in Q1 2025. Despite the increased loss, net revenue saw a substantial increase to $10.43 million from $4.34 million in the prior year. The company's operations were impacted by the acquisition of 123 Investments Limited in December 2025, which contributed to higher operating costs.

GlobalTech Corp filed an Amendment No. 1 to its Annual Report on Form 10-K/A for the fiscal year ended December 31, 2025. The filing confirms the company's status as a non-accelerated filer, a smaller reporting company, and an emerging growth company. It also indicates that GlobalTech has met all SEC filing requirements over the past year.

GlobalTech Corporation filed an amendment to its annual report (Form 10-K/A) for the fiscal year ended December 31, 2024. The company reported 139,933,391 shares of common stock outstanding as of March 26, 2025. GlobalTech is classified as a non-accelerated filer, a smaller reporting company, and an emerging growth company, and its securities were not publicly traded as of June 30, 2024.

GlobalTech Corporation (GLTK) today announced its financial results for the fiscal year ended December 31, 2025. The company provided an update on its operational and financial performance for the past year, with the full details of these results now available to investors. Analysts will be scrutinizing the figures to evaluate the company's trajectory and future prospects.