GlobalTech Corporation Reports Fiscal Year 2025 Financial Results (Form 8-K)

GlobalTech Corporation Reports Fiscal Year 2025 Financial Results

GLTK Reports 21% Revenue Growth and Expands AI Platform Commercialization

Reno, Nevada, USA, April 8, 2026 - 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.

Platform Overview

GlobalTech operates a diversified platform combining:

	·	Telecom and technology infrastructure
	·	Consumer and retail operations
	·	Technology development and commercialization

On a broader operating basis, the Company's platform represents robust revenue performance over the last year and consistent growth in business operations, including one major acquisition, the acquisition of 51% of an operating Copmmay 123 Investment Limited dba Moda In Pelle.

	·	$52+ million in revenue across operating businesses for 2025 (pro forma revenue including a full year of Moda In Pelle operations)**
	·	$103 million in assets as of December 31, 2025
	·	460+ employees globally as of December 31, 2025

This platform provides real-world environments to validate and scale new technologies.

Technology Growth and Commercialization

GlobalTech continued to advance its technology commercialization strategy through its Center of Excellence:

	·	Technology related revenue increased to approximately $3.0 million in 2025
	·	Growth reflects increased deployment of AI and IT solutions and services

During the year, the Company:

	·	Evaluated 26 technology opportunities
	·	Validated 7 technologies
	·	Integrated 3 platforms into its operating ecosystem

Key platforms currently in commercialization include:

	·	Cadnz: AI-enabled digital lending platform (www.cadnz.com)
	·	Thrivo AI: AI-powered ERP and e-commerce operating system (www.thrivo.ai)
	·	Baseball Blitz: sports and community engagement platform (www.baseballblitz.com)

Balance Sheet and Capital Position

As of December 31, 2025:

	·	Total assets were $103.1 million
	·	Shareholders' equity totaled $39.8 million
	·	The Company continues to retain earnings to support growth and does not currently plan to pay dividends

GlobalTech remains focused on aligning capital deployment with scalable revenue opportunities and maintaining balance sheet strength.

Management Commentary

"Fiscal 2025 reflects continued progress across both our core operating businesses and our technology platforms," said Dan Green, Chief Executive Officer of GlobalTech. "We are seeing early validation of our model, where operating infrastructure supports the commercialization of scalable AI and data platforms. While we continue to invest in growth, we believe this approach will position the Company to transition toward higher-margin, recurring technology-driven revenue."

Outlook and Strategic Priorities

GlobalTech's planned strategic priorities for 2026 include:

	·	Scaling AI and data platforms into commercial traction
	·	Expanding the technology pipeline through the Center of Excellence
	·	Driving revenue growth across existing operating businesses
	·	Advancing capital markets initiatives, including working to move towards a planned U.S. national exchange uplisting

The Company expects continued investment in platform development as it continues executing on its long-term growth strategy.

*A non-Generally Accepted Accounting Principles (GAAP) financial measure, see "Non-GAAP Financial Measures", below.

** 51% of 123 Investments Limited dba Moda in Pelle, was acquired by the Company on December 15, 2025. The 2025 revenue number above includes a full year of Moda in Pelle revenue, notwithstanding the fact that the acquisition closed on December 15, 2025, and the Company only owns 51% of 123 Investments Limited.

About GlobalTech Corporation

GlobalTech Corporation is a publicly-traded technology platform company focused on acquiring, integrating, and scaling operating businesses across telecommunications, artificial intelligence, data infrastructure, and consumer-facing digital platforms.

The Company combines real operating assets with a centralized engineering and commercialization capability to develop and deploy AI-driven products across its portfolio. Through this model, GlobalTech leverages its operating subsidiaries as live environments to validate, refine, and scale technology solutions, accelerating commercialization while reducing traditional development risk.

GlobalTech's strategy is centered on disciplined capital deployment, operational integration, and building a scalable platform designed to drive long-term revenue growth and shareholder value.

For additional information, please visit: www.globaltechcorporation.com

Non-GAAP Financial Measures

We have included non-GAAP loss from operations and Adjusted EBITDA in this press release as a supplement to Generally Accepted Accounting Principles (GAAP) measures of performance to provide investors with an additional financial analytical framework which management uses, in addition to historical operating results, as the basis for financial, operational and planning decisions and present measurements that third parties have indicated are useful in assessing the Company and its results of operations. Non-GAAP loss from operations and Adjusted EBITDA are presented because we believe they provide additional useful information to investors due to the various noncash items during the period. Adjusted EBITDA is also frequently used by analysts, investors and other interested parties to evaluate companies in our industry.

Non-GAAP loss from operations and Adjusted EBITDA have limitations as an analytical tool, and you should not consider them in isolation, or as a substitute for analysis of our operating results as reported under GAAP. Some of these limitations are: Adjusted EBITDA does not reflect cash expenditures, future requirements for capital expenditures, or contractual commitments; Adjusted EBITDA does not reflect changes in, or cash requirements for, working capital needs; and Adjusted EBITDA does not reflect the significant interest expense, or the cash requirements necessary to service interest or principal payments, on debt or cash income tax payments. For example, although depreciation and amortization are noncash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Adjusted EBITDA does not reflect any cash requirements for such replacements. We believe non-GAAP loss from operations provides our management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of operations, as this metric includes the effect of other income. Additionally, other companies in our industry may calculate non-GAAP loss from operations and Adjusted EBITDA differently than the Company does, limiting its usefulness as a comparative measure. You should not consider non-GAAP loss from operations and Adjusted EBITDA in isolation, or as a substitute for analysis of the Company's results as reported under GAAP. The Company's presentation of these measures should not be construed as an inference that future results will be unaffected by unusual or nonrecurring items. We compensate for these limitations by providing a reconciliation of these non-GAAP measures to the most comparable GAAP measure. We encourage investors and others to review our business, results of operations, and financial information in their entirety, not to rely on any single financial measure, and to view these non-GAAP measures in conjunction with the most directly comparable GAAP financial measure.

We realized revenue, Adjusted EBITDA and non-GAAP loss from operations during the periods presented below as follows (all percentages are calculated using whole numbers. Minor differences may exist due to rounding):

		December 31,
		2025				2024
Net revenue		$	22,068,599			$	18,255,248
Adjusted EBITDA		$	892,877			$	2,473,516
Loss from Operations		$	(1,463,735	)		$	(401,281	)

Set forth below is a presentation and reconciliation of our Adjusted EBITDA and non-GAAP loss from operations for the years ended December 31, 2025 and 2024 to GAAP net loss and GAAP loss from operations, respectively:

		December 31,
		2025				2024
Loss from operations		$	(3,730,391	)		$	(4,057,349	)
Plus, other income		$	2,266,656			$	3,656,068
Non-GAAP loss from operations		$	(1,463,735	)		$	(401,281	)
		December 31,
		2025				2024
Net revenue		$	22,068,599			$	18,255,248
GAAP net loss attributable to GlobalTech Corporation			(3,147,248	)			(2,946,293	)
Add back (subtract)
Depreciation and amortization			2,134,459				2,804,936
Finance cost			1,395,710				2,365,281
Income taxes			287,802				179,733
Exchange loss			222,153				69,859
Adjusted EBITDA		$	892,877			$	2,473,516

Non-GAAP loss from operations is defined as GAAP operating loss plus other income.

Adjusted EBITDA is defined as net income attributable to GlobalTech Corporation shareholders plus net income attributable to non-controlling interest, net interest expense, income taxes, depreciation and amortization, and other operating (income) expenses, net, such as exchange loss/(gain).