GLTK

GlobalTech Corporation Reports Fiscal Year 2025 Financial Results

RENO, Nev., April 08, 2026 (GLOBE NEWSWIRE) -- GlobalTech Corporation (OTCQB: GLTK) (“GlobalTech” or the “Company”) today announced financial results for the year ended December 31, 2025, as previously reported in its Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on March 31, 2026. Fiscal Year 2025 Highlights Net Revenue: $22.1 million, up 21% from $18.3 million in 2024 Operating Loss: $(3.7) million Net Loss: $(3.1) million Adjusted EBITDA: $0.89 million (non-GAAP)* Total Assets: $103.1 million Total Shareholders' Equity: $39.8 million Revenue and Operating Performance Revenue growth in fiscal 2025 was driven by continued expansion across GlobalTech's core operating segments: Telecommunications: 2025 revenue of $17.5 million, increase driven by higher international traffic volumes Broadband Services: 2025 revenue of $1.5 million, growth driven by increased subscriber additions Technology Services: 2025 revenue of $2.5 million, growth driven by delivery of AI and IT-related projects Retail (Moda in Pelle): 2025 revenue of $0.6 million, when including the partial-year contribution following acquisition of 51% of 123 Investments Limited on December 21, 2025 Profitability and Investment Phase The Company reported a net loss of $(3.1) million for fiscal 2025, reflecting continued investment in: Platform development and integration Expansion of technology capabilities Operating infrastructure and personnel Despite these investments, GlobalTech generated positive Adjusted EBITDA of $0.89 million, (non-GAAP)* for the year ended 2025, indicating underlying operating performance prior to non-cash charges and growth-related expenditures.