Global Technologies Revenue Plunges 66% to $541,293 in H1 FY2026

Global Technologies, Ltd., a Delaware-incorporated small business filer, reported revenue of $541,293 for the six months ending December 31, 2025, down 66% from $1.59 million in the prior-year period. The company posted net income of $21,439 for the first half of fiscal 2026, reversing from net income of $217,352 a year earlier. Read more earnings reports.

Revenue in the second quarter alone totaled $345,968, a 62% drop from $917,077 in the same quarter of fiscal 2025. The second quarter produced a net loss of $144,760, compared to a loss of $45,195 in the prior-year quarter.

Cost of revenue for the six-month period fell to $308,018 from $974,384, resulting in gross profit of $233,275, down 62% from $612,124 in the prior-year period. Operating expenses climbed 27% to $478,462 from $375,702, pushing the company to an operating loss of $245,187 for the half, compared to operating income of $236,422 a year earlier.

Cash from operations was negative $226,600 for the six months, a sharp reversal from positive $98,489 in the prior-year period. The company raised $199,900 from financing activities during the half, compared to a use of $150,340 a year earlier.

The company's balance sheet showed total assets of $45,629 as of December 31, 2025, down from $68,108 at the end of fiscal 2025. Cash and cash equivalents declined to $41,408 from $68,108. Total liabilities fell to $977,469 from $1.22 million, while stockholders' deficit narrowed to $931,840 from $1.15 million.

The company carried a retained earnings deficit of $167.53 million as of the end of the reporting period. With 14.69 billion shares outstanding, earnings per share rounded to $0.00 for the six-month period on both a basic and diluted basis.

Financial Summary