GlobalTech FY26 Q2 GAAP net income turns to USD 534,403 profit; revenue more than doubled to USD 11.12 million
Reuters2026/08/13 20:46- GlobalTech posted GAAP net income of USD 534,403 in the June 30, 2026 quarter, swinging from a loss of USD 1.12 million.
- Net revenue more than doubled to USD 11.12 million from the year-earlier quarter’s USD 5.63 million.
- GAAP adjusted EBITDA rose to USD 1.9 million from USD 173,201.
- Other income climbed to USD 5.19 million on a gain from disposing of two 123 Investments subsidiaries.
- Operations now span Pakistan telecom and broadband, AI and big data services, and UK footwear brand Moda in Pelle acquired in December 2025.
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