GlobalTech (OTCID: GTLK), a technology holding company specializing in artificial intelligence and big data solutions, reported Q2 2025 revenue of $5.63 million, up 23.3% from $4.56 million in the prior-year quarter, driven by a 39% year-over-year increase in international termination minutes. Net loss narrowed to $1.12 million, or $0.008 per share, from $1.23 million, or $0.009 per share, a year ago. Adjusted EBITDA loss improved to $1.84 million from $2.45 million, reflecting operational efficiencies and lower finance costs. Loss from operations was $0.96 million versus $0.92 million in Q2 2024, while non-GAAP loss from operations held flat at $0.69 million. The company ended the quarter with $3.38 million in cash and equivalents, including $2.67 million in restricted cash. CEO Dan Green said results underscore the strength of the company’s LDI, broadband, and technology services segments, noting continued focus on network expansion and growth in AI and big data offerings.
To view the full press release, visit https://ibn.fm/hWalJ
About GlobalTech Corporation
GlobalTech Corporation is a U.S.-based technology holding company committed to enabling growth in the fields of AI, big data, and frontier technologies. Through strategic partnerships and capital investment, GlobalTech empowers visionary companies and innovation-led enterprises to drive transformation across global markets it serves.
For more information, visit: www.globaltechcorporation.com
About InvestorWire
InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer
InvestorWire
Austin, Texas
www.InvestorWire.com
512.354.7000 Office
Editor@InvestorWire.com
InvestorWire is powered by IBN
